Coinbase Premium Up, BTC Funding Red

Now, Bitcoin’s exchange order books show reduced sell pressure, while Coinbase premium edges back after weeks of decline. Meanwhile, futures funding rates have turned slightly negative, pointing to easing imbalance between shorts and spot demand.

Coinbase Ventures Targets Nine Crypto Sectors for 2026

Coinbase Ventures outlined nine cryptocurrency sectors it wants to fund in 2026, focusing on real-world assets, next-generation trading infrastructure, decentralized finance, privacy and machine-driven data.

Coinbase Ventures 2026 Focus Areas. Source: Tim Haldorsson on X

The firm highlighted real-world asset perpetual markets, describing the trend as the “perpification of everything.” At the same time, it pointed to alternative, prop-focused automated market makers and prediction market trading terminals as part of a broader push into specialized exchanges and new trading tools.

Next, Coinbase Ventures emphasized composable perpetual markets and unsecured on-chain credit, signaling a focus on lending models that do not rely on traditional collateral. It also named on-chain privacy and proof-of-humanity frameworks as priorities, saying decentralized finance will increasingly mix with identity and privacy tools.

Later, the firm added robotics data captured through DePIN incentives and AI agents for on-chain development, security and smart-contract engineering, expanding its thesis to machine and robotics data pipelines tied to blockchain.

Bitcoin Funding Shows Fading Sell Pressure on Coinbase

Coinbase premium for Bitcoin is returning while funding rates on major futures venues have turned negative, according to Daan Crypto Trades, signaling easing spot selling pressure after weeks of heavy outflows.

Bitcoin Funding Coinbase Premium Chart. Source: Daan Crypto Trades

Spot selling pressure is easing significantly compared to the 2 weeks prior,” the analyst wrote on X. He said sell intensity is fading when measured against the pressure that dominated exchange books earlier this month.

He cautioned that the shift alone is not enough to move price. “You’ll obviously still need to see actual bid to move price,” he wrote, adding that earlier sell pressure was so strong that “no bid could withstand that.”

On a 4-hour BTC/USDT chart from Binance Futures, Bitcoin trades near the 91,339 dollar level after a sharp drop from November highs. Beneath the candles, aggregated funding rates averaged over eight hours remain slightly negative at –0.0007, while Coinbase premium shows a deeper negative skew at –0.0135 over the same period.

Large custodial platforms logged muted on-chain receipts compared with early-November deposit spikes. In contrast, liquidity moving back into Coinbase’s spot markets has tightened the spread between global futures pricing and venue-specific premium bands

Source: https://coinpaper.com/12708/bitcoin-sell-pressure-collapses-as-coinbase-premium-snaps-back-and-funding-turns-negative