US exchanges bet big on crypto derivatives amid tariff turbulence

US exchanges bet big on crypto derivatives amid tariff turbulence

Competition is heating up among US exchanges for control of the derivatives market for digital assets. United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments.  Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange…

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Alabama drops staking lawsuit against Coinbase

Alabama drops staking lawsuit against Coinbase

Half of the US states that filed litigation against Coinbase in 2023 have dismissed their lawsuits against the cryptocurrency exchange. The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients. The regulator cited…

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Coinbase Derivatives lists XRP futures

Coinbase Derivatives lists XRP futures

The futures contracts are regulated by the US CFTC and add to a growing list of crypto derivatives products available for retail and institutional investors. Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures…

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Base creator admits sharing ‘Base is for pimping’ art was a mistake

Base creator admits sharing ‘Base is for pimping’ art was a mistake

The controversial digital art drew criticism from crypto commentators, who argued it “hurts crypto” and dismissed it as neither “provocative” nor “edgy” as intended. The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.” Several social media…

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Bitcoin dip buyers nibble at BTC range lows but are risk off until K becomes support

Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

Bitcoin’s realized cap hit a record $872 billion, but slowing growth, profit-taking, and underwater short-term holders suggest the market remains risk-off. Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics…

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