Dogecoin might have started as merely a joke, but this April Fool’s Day, it’s receiving some serious attention. Crypto exchange Coinbase, known for its rigorous listing standards and regulatory compliance, is set to launch futures trading for the leading doggy-themed meme coin alongside Litecoin and Bitcoin Cash. Coinbase believes Dogecoin’s “enduring popularity” suggests it has evolved from a whimsical meme to a foundational element in the current investing climate. Dogecoin Sheds Meme Status With Upcoming Coinbase Futures Trading In three separate letters to the Commodities Futures Trading Commission (CFTC) on March 7, Coinbase disclosed its intention to launch monthly cash-settled…
Author: Web3 Daily Press Staff
Too Long; Didn’t ReadRenzo integrates Chainlink Price Feeds, advancing DeFi with secure, intelligent liquid restaking via ezETH. This partnership promises a new era of innovation and security in decentralized finance, offering unmatched opportunities for growth and rewards. This news is republished from another source. You can check the original article here
As holders of established digital assets such as Chainlink (LINK) and Bitcoin Cash (BCH) eagerly seek the next significant profit wave, Algotech’s prominence has captured their attention. One of the main reasons for this is that this newcomer crypto raised $1.1 million within two days during its private seed sale. Could Algotech (ALGT) be the best coin presale 2024? Let’s find out. New Crypto Sensation: Algotech (ALGT) Presale Continues to Excite Algotech (ALGT) presents a revolutionary solution for traders seeking a rational and data-driven approach to cryptocurrency trading, free from the influence of emotions. Employing innovative technologies to automate trading…
While the price rallies that come with the alt season may be temporary, it takes a token with sky-high growth potential to sustain bullish sentiment beyond the alt season. Experts’ research has revealed top altcoins with a substantial likelihood of sustaining an extended bullish momentum in 2024. These tokens include KangaMoon (KANG), BNB (BNB), Ripple (XRP), Cardano (ADA), and Toncoin (TON). Let’s see why analysts picked these tokens below. KangaMoon (KANG) is bringing solid innovation to the meme community through the introduction of the KangaMoon community. This community will serve as an interactive platform for meme enthusiasts through its Social-Fi…
Crypto exchange Coinbase has announced its plan to launch futures trading products for Dogecoin, Litecoin, and Bitcoin Cash, potentially as early as April 1. The latest move was detailed in three separate communications to the United States Commodity Futures Trading Commission (CFTC) on March 7. Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on its platform, possibly before obtaining formal approval from the CFTC. The exchange plans to utilize a “self-certification” process, asserting that the futures contracts will comply with regulatory standards set by the agency. The approach allows for the listing of the…
Bitcoin fluctuations have spread tremors in the crypto environment as the market trails behind its next move. Following its dip below $64,000, the market has entered a downtrend, with many altcoins adopting bearish momentum. Amid this backdrop, two notable projects, Ethereum and Binance Coin, have shown remarkable resilience despite the minor setback as their communities rally behind them in anticipation of growth. Alongside this, a new DeFi project, Algotech (ALGT), has drawn significant market attention following its record-breaking presale. Experts have highlighted these three projects as the best blockchain projects in 2024. Here, we shed some light on these predictions.…
Investment giant BlackRock says it wants to bridge TradFi and the crypto market. Ethereum is up 11% amid speculations of a real world assets bull run. ETH is a commodity and not a security, says Coinbase’s chief legal officer. Ethereum (ETH) could be set for further growth after $10 trillion asset manager BlackRock announced on Tuesday it’s launching a tokenized asset fund on the largest smart contracts blockchain. However, the Security and Exchange Commission’s (SEC) battle to classify Ethereum as a security may spoil the fun. BUIDL to debut on Ethereum Ethereum has been rising in the past 24 hours…
In recent days, the cryptocurrency market has experienced a notable downturn. Bitcoin (BTC) witnessed a substantial drop from over $73,736, to just above $61,000, marking a decline of 14.7% over the past week. However, in the midst of recent market swings, prominent crypto trader Scofield shares bullish sentiments and predicts 200% to 1000% price targets for various cryptocurrencies in the coming 3 to 4 months. Top Crypto For 200% – 1000% Surge BTC aim for $150K Scofield began his analysis with the flagship cryptocurrency, Bitcoin (BTC) is forecasted to reach $150,000, reflecting a 250% increase from its current price of…
Vitalik Buterin Unveils ‘Rainbow Staking’ and a ‘Recovery Hard Fork’ at ETHTaipei – Breaking News Bitcoin News Bitcoin.com News This news is republished from another source. You can check the original article here
Coinbase’s decision to launch futures trading for Dogecoin, Litecoin, and Bitcoin Cash on April 1 marks a significant move in the cryptocurrency market. By leveraging self-certification with the Commodity Futures Trading Commission (CFTC), Coinbase aims to ensure regulatory compliance while expediting the listing process. Coinbase’s Move Towards Meme Mania In its letter to the CFTC on March 7, directed to CFTC Secretary Christopher Kirkpatrick, Coinbase provided detailed information about the proposed futures contracts, including their sizes, settlement methods, and structure. These contracts, which are cash-settled, are designed to offer traders exposure to the price movements of these cryptocurrencies without requiring…