Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Coinbase
SHIB Futures Contract by Coinbase Derivatives Scheduled for July 15, Can it Propel Shiba Inu Price to $0,00001?
Coinbase Futures filed a prospectus with the CFTC to list perpetual futures for SHIB, which will be settled monthly in cash, and expects to list them on July 15. The exchange also filed applications for perpetual futures for other altcoins, including Chainlink, Avalanche, Stellar Lumen’s XLM, and Polkadot. American exchange Coinbase has given Shiba Inu its latest big win by filing an application with the CFTC to list SHIB futures contracts later this month. Through its CFTC-regulated subsidiary Coinbase Derivatives,…
11 months ago
Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase
The post Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase appeared first on Coinpedia Fintech News Lu Tingkuang of HKbitEX has highlighted Hong Kong’s regulatory framework that stands out for its inclusivity which allows trading cryptocurrencies and security tokens under a single license. This contrasts with limited regulations in other jurisdictions like the US, where players like Coinbase can only handle cryptocurrency transactions. Hong Kong has already exhibited a commitment to innovation in financial instruments. The Hong…
11 months ago
Coinbase Reveals Futures on SHIB, AVA to Deepen Crypto Market Access
The post Coinbase Reveals Futures on SHIB, AVA to Deepen Crypto Market Access appeared first on Coinpedia Fintech News Coinbase is here to shake things up! In a strategic move to expand its product offerings, Coinbase has filed for regulatory approval from the Commodity Futures Trading Commission (CFTC) to offer futures on several altcoins, including SHIB and AVA. This initiative aims to enhance trading options and attract more institutional investors, with the new futures potentially launching as early as July…
11 months ago
Stripe And Coinbase Team Up To Boost On-Chain Adoption
The post Stripe And Coinbase Team Up To Boost On-Chain Adoption appeared first on Coinpedia Fintech News Stripe and Coinbase have partnered up to increase on-chain adoption and provide faster, cheaper financial infrastructure. Stripe intends to add support for Base across its crypto product suite to offer users faster and cheaper money transfers. Coinbase is adding Stripe’s fiat-to-crypto onramp into Coinbase Wallet to allow users to buy crypto instantly with credit cards and Apple Pay. By adding support for Base,…
12 months ago
Coinbase Sues SEC and FDIC, Demands Transparency in Crypto Regulations
The post Coinbase Sues SEC and FDIC, Demands Transparency in Crypto Regulations appeared first on Coinpedia Fintech News In a move that could shake everything up, Coinbase has launched lawsuits against two powerful federal agencies—the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). Coinbase’s Chief Legal Officer, Paul Grewal, took to social media to announce the filings, which aim to pry loose crucial information held by these agencies. What secrets could the SEC and FDIC…
12 months ago
Bybit Rises to Second Spot Among Crypto Exchanges, Leaving Coinbase Behind Amid Binance’s Regulatory Challenges
Bybit outshines Coinbase to become the second-largest centralized exchange by trading volume after recording an eight-month growth in market shares of 8%. According to data, Coinbase recorded only 1% growth during the period, with Binance declining from 60% to 54%. A recent surge in trading volume has positioned Bybit as the second largest centralized crypto exchange (CEX), replacing Coinbase and “sitting” behind Binance. According to data by Kaiko, Bybit has witnessed an incredible growth of 8% in market shares over…
12 months ago
Shiba Army Urges Shiba Inu Burn on Binance and Coinbase Amid Price Dip
The Shiba Inu community has proposed a new burning mechanism on Binance and Coinbase, that could see the circulating supply plummet drastically. Shiba Inu’s SHIB has come under intense pressure with the asset posting mixed market sentiments which could be driving high volatility. As volatility around Shiba Inu (SHIB) rises, the Shiba Inu community, commonly referred to as the “ShibArmy”, has offered a proposal that could see SHIB’s circulating supply plummet drastically. The new proposal has fueled massive optimism around…
12 months ago
Coinbase Launches Pre-Launch Trading for Early Altcoin Access: This is How You Can Make a Fortune
Coinbase announces that it is supporting pre-launch markets on its International and Advanced platforms, and will be available for all users in eligible countries outside the UK, US, and Canada. According to the official announcement, the markets would be outside the control of Coinbase, however, it reserves the right to temporarily or permanently suspend or delist a token. Coinbase has officially announced that it would support pre-launch markets on its Coinbase International Exchange and Coinbase Advanced. This implies that users…
12 months ago
Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?
Ethereum has seen a number of notable withdrawals that suggests that crypto whales are expecting a recovery in price. These large withdrawals has caused the ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 ETH Withdrawn From Exchanges Crypto analyst Ash Crypto took to X (formerly Twitter) to reveal a notable change in the amount of ETH that is being held on centralized exchanges currently. Notably, there has been a marked increase in the withdrawals…
12 months ago