This is the first time that the premium of USDT has been maintained with the increase in the price of bitcoin and other altcoins. It is a very positive sign for the both Crypto market and fait market.
As the new players are joining the crypto world and the demand for USDT has been increased to convert them into BTC or Altcoins. Last week the bitcoin increased $6000 in a single day which means around $110 billion new addition in terms of value.
So with this scale the Btc will reach $100k very soon and the strong altcoins will also break there records, once the btc got stable on some value.

A US based pizza chain has started accepting crypto currency as a payment method across South American nations. Burger king and Church's chicken already accepting crypto currency as a payment.

"Pizza hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard Elkhouri, general director for venezuelan operations of pizza chain.

More than 20,000 shops around South America have been accepting crypto

So, What you guys think the government will do if people started using crypto for buying selling on a large scale as the control of system of monetary fund is going out of the hands of government.

[The Interest rate]

Perpetual future contracts brings revolution in the futures market with endless limit of future contract. For making the contract with endless expiry date, the concept of Funding Rate came into existence. Under this mechanism the buyer or seller will either pay or receive funding on periodic bases.
 
It is consists of two components-
a) The Interest rate
b) Premium

 Basically on Binance futures, the Interest rate is 0.03% per day (recalculated three times in 8Hrs circles of 0.01% each)and the premium varies with the mark price to prevent the increasing difference between the prices of perpetual contract price and spot market.

Here shows the funding rate and countdown period in the image when it is on marked price.


Funding rate includes Premium the price also


source- BINANCE


Example of profit or loss due to Funding rate to the traders-

 If the traders gets into the long position at $10 and its on $11 after 8hrs, so the long position holder trader has to pay funding rate to the short position holder, but after that if the price goes down to less than $10 , then the short position holder has to pay funding rate to prevent the lasting divergence of the price in both the markets.

So, with this mechanism crypto traders get rid of traditional future contracts with specific expiry date

[The Interest rate]

Perpetual future contracts brings revolution in the futures market with endless limit of future contract. For making the contract with endless expiry date, the concept of Funding Rate came into existence. Under this mechanism the buyer or seller will either pay or receive funding on periodic bases.
 
It is consists of two components-
a) The Interest rate
b) Premium

 Basically on Binance futures, the Interest rate is 0.03% per day (recalculated three times in 8Hrs circles of 0.01% each)and the premium varies with the mark price to prevent the increasing difference between the prices of perpetual contract price and spot market.

Here shows the funding rate and countdown period in the image when it is on marked price.


Funding rate includes Premium the price also


source- BINANCE


Example of profit or loss due to Funding rate to the traders-

 If the traders gets into the long position at $10 and its on $11 after 8hrs, so the long position holder trader has to pay funding rate to the short position holder, but after that if the price goes down to less than $10 , then the short position holder has to pay funding rate to prevent the lasting divergence of the price in both the markets.

So, with this mechanism crypto traders get rid of traditional future contracts with specific expiry date

As we all know the market pool of crypto currency is on growing stage and only around 0.5% of the world population is involved in it so once the market size gets matured enough in the hands of more than 10-20% of total world population, the price of BTC can be more than $1M in next 30years.

Refer the adoption chart predicted by cryptoaims
 Source- Cryptoaims
https://www.instagram.com/p/CIIWioFHT0R/?igshid=1h43h34vfok2j

Still its time to buy at $17600 and make rest of your life as financially independent

AS IF THE BITCOIN HITS $20000 TILL DECEMBER 2020 WHICH IS VERY OBVIOUS THAT IT WILL HIT THAT PRICE, THEN THE RATE OF ETHEREUM WILL BREAK ITS PREVIOUS HIGH OF $1440 BACK IN 2017 BULLISH MARKET.
 
THE FACT BEHIND THIS METHODOLOGY IS THAT THE PRICE OF ETH SHOULD BE 1/17TH OF THE BITCOIN AT CURRENT CIRCULATION RATE SO AT THE CURRENT PRICE OF BITCOIN ($18400), ETH's PRICE SHOULD BE AROUND $1082 BUT IT IS TRADED AT $615 WHICH IS MORE OBVIOUS THAT THE BULL WILL HIT THE ETH's PRICE AND TILL THE END OF DECEMBER 2020, ETH WILL GET 1-2 PARABOLIC GROWTH IN THE PRICE AND WILL SURELY BREAK ITS PREVIOUS HIGH OF BACK IN 2017


WRITE VIEWS REGARDING THE OTHER INFLUENCES OF BOTH CRYPTOCURRENCIES ON EACH OTHER.