Last updated: 2026-02-23 22:37:20 ET
Pulse AI Brief
Updated Feb 23, 2026 10:00 PM ET
Bitcoin's funding rate has turned negative, suggesting a potential short squeeze as traders anticipate a price movement above $70,000. Despite the negative rate, Bitcoin's price remains within its range, with open interest showing little change.
A short squeeze could lead to a rapid price increase, impacting trading strategies and market sentiment. Investors and traders may adjust positions in anticipation of volatility.
This development highlights the speculative nature of cryptocurrency markets and the influence of trading dynamics on price movements, which could affect broader financial market stability.
Brazil and India have signed a new deal to cooperate on rare earths and other critical minerals
Brazil’s president hopes to cooperate on AI, critical minerals, and more.
The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
