SpaceX, Coinbase and perpetual futures
Digest more
Investor's Business Daily on MSN
Coinbase, Kalshi's new crypto futures send these stocks sprawling
Coinbase, Kalshi launch perpetual futures backed by the CFTC. Cboe, CME, ICE stock tumble on the news.
JPMorgan Chase CEO Jamie Dimon slams Coinbase CEO Brian Armstrong and vows an all-out industry fight against the crypto-friendly CLARITY Act in Congress.
Coinbase, the largest U.S.-based cryptocurrency exchange, has only supported four coins so far: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The addition of Ethereum Classic or ETC, announced on Tuesday, will happen "over the next few months," Coinbase told Mashable.
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
"India has long been one of the most important markets in crypto, in terms of developer talent, trading activity, and the broader adoption of blockchain technology," said John O'Loghlen, Coinbase’s Head of APAC, in the announcement shared with CoinDesk.
Shares of Strategy (NASDAQ:MSTR | MSTR Price Prediction) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,
Where will Coinbase stock be in three years? Analyze trends, predictions, and market factors to see the potential future of COIN stock.
Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.