Mentioned:
Speculating on the price of Bitcoin and Ethereum is about to go to the next level in the United States of America. And Coinbase is behind it.
What’s happening:
- Coinbase (NASDAQ: COIN) has announced they will imminently launch nonstop Bitcoin and Ethereum futures to users in the United States of America
Why it matters:
- This is the first time a crypto trading platform and exchange based in America has launched nonstop futures trading for Bitcoin and Ethereum
Going deeper:
- Coinbase has been making a new concentrated push into futures and derivatives trading, including just recently announcing they will launch Solana futures trading
- Coinbase has also publicly stated they are developing new perpetual style futures with long dated expirations to be able to debut on their exchange in the near future for both Bitcoin and Ethereum
The intrigue:
- The United States has been rapidly removing regulatory hurdles around digital assets and embracing crypto as a whole, fuelled by the notable new executive order from President Donald Trump to form a Strategic Bitcoin Reserve in America for the first time in history
