Crypto News

Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement. 24/7 Bitcoin and Ethereum Futures Set to Debut in US Markets These innovative instruments will functionSource link

There is more to SEC’s recent memecoin guidance than meets the eye. On Feb. 27, the staff of the SEC’s Division of Corporate Finance issued guidance explaining that memecoins — which the SEC described as digital assets “inspired by internet memes, characters, current events, or trends for which the promoter seeks to attract an enthusiastic online community” — are generally not sold as securities.This is consistent with the SEC’s shift away from efforts under former Chair Gary Gensler to claim regulatory power over virtually the entire digital-asset industry, and it could have implications for the industry that go far beyond memecoins.The SEC’s attempts to regulate digital assets during the Biden Administration largely hinged on the Supreme Court’s so-called “Howey test”...

Not even the president’s meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.Source link

The second-largest cryptocurrency, ethereum (ETH), dipped to $1,809 on Monday, hitting a notable low. Meanwhile, the BTC/ETH ratio slipped under 0.24, a level not seen since February 2020. Bitcoin-Ether Ratio Taps Multi-Year Lows Ethereum is down 8% at the time of writing over the last day, and earlier it down 10% against the U.S. dollarSource link

The San Francisco-based exchange is working to catch up with offshore platforms that already offer round-the-clock futures.Source link