Coinbase Sparks Crypto Derivatives Boom!

[{"selector":"#anim-8b66df3b-0cf1-4574-95f9-1266ef6ee58a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.805812868075726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-196eb8d0-4630-40cb-87bc-fccf1187e935","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8267b190-aa40-495f-97d5-a52720614123","keyframes":{"transform":["translate3d(0px, 205.49708%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Coinbase, a crypto exchange, now offers crypto futures to U.S. retail customers, marking a first in the industry.

Analysts expect Coinbase's entry to reinvigorate the stagnant crypto derivatives market.

[{"selector":"#anim-ab043d17-1b18-44ce-aaf1-83e1d9f57599 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-52ebc235-ec70-4461-9a20-3c278b4ec993","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f7db04ff-36fc-4c42-b136-d30527fc4e0c","keyframes":{"transform":["translate3d(0px, 202.06551%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Lucas Kiely, CIO of Yield App, believes this move can boost market confidence and momentum.

[{"selector":"#anim-b2fae3b6-fc18-4110-845b-aee8e3ab3412 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-fe08c9c6-2cc4-459e-85d8-468af4c61497","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0f15e99-c77c-4e90-a329-f3f481a2b18d","keyframes":{"transform":["translate3d(0px, 206.59494%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The crypto market has struggled due to global bank policies and issues at exchanges like FTX and Binance.

[{"selector":"#anim-a598c6d6-2c33-4fd2-9c2f-371b50bc5386 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-68301295-fdbe-4bcd-ae09-3a6e00143086","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9eaa5aa5-dfa4-4c08-8957-42081c35b65b","keyframes":{"transform":["translate3d(0px, 201.43368%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Coinbase enables U.S. retail traders to access bitcoin futures, potentially attracting more investors.

[{"selector":"#anim-bd21e983-035e-4441-848f-a63debb14884 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5b245525-e7c3-480d-944c-1c9a12803d44","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ddc423d-1b3a-4e32-b0ab-bd2e5e2978c6","keyframes":{"transform":["translate3d(0px, 201.43368%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It's early to gauge Coinbase's impact, as product details remain unknown.

[{"selector":"#anim-30e67851-6ccd-4cd0-a573-14a2f5b88db4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-06e901f5-f9e7-487c-be00-0575353eb6dc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-369f91c0-490d-40ac-ba87-41c81cd1bd13","keyframes":{"transform":["translate3d(0px, 253.83926%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Cryptocurrency derivatives, introduced in 2014, let investors bet on bitcoin with minimal funds.

[{"selector":"#anim-285476ba-94ff-4720-b32c-9a64de5cc740 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3c2d9c4d-75d7-465a-8f92-d187636c544d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-160ccb51-0857-4f9d-ae20-161c65832a26","keyframes":{"transform":["translate3d(0px, 201.43368%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Institutional interest in crypto derivatives remains steady.

[{"selector":"#anim-c7c40260-d9f3-4a85-b682-592278a8e687 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-79f99050-ec9f-42ad-8a9b-d74e728ae3a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c1df0a6-f5b0-4bc4-9ecf-f458a27a40cf","keyframes":{"transform":["translate3d(0px, 273.06769%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Crypto derivatives trading volume dropped by nearly 13% in July to $1.85 trillion, a yearly low.

[{"selector":"#anim-d31fabd4-5394-411a-a9eb-bfd7f0c0df9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-11801996-3467-442a-92a1-9832685c0678","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5a5610d-39b6-4fe6-93e4-3d181c04e7e6","keyframes":{"transform":["translate3d(0px, 204.24576%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Coinbase, with its strong reputation, may attract institutional clients and contribute to derivatives market growth.

[{"selector":"#anim-72131a90-d9e8-4147-a31d-4c1181098bde [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0189a3f8-c456-4913-bc6b-45213e4a3351","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc770ac7-b6a9-4990-b962-e84e33e028a4","keyframes":{"transform":["translate3d(0px, 165.30465%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Thanku for here .. cryptocurrency related news or article read here

[{"selector":"#anim-4e87c5a6-8aad-4191-b8db-557c198b9f52 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.611625736151463%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-efe33e17-1b89-4144-b973-fb207ca4ae2e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e6176939-08a9-4468-9f2a-dd5096b623d7","keyframes":{"transform":["translate3d(0px, 344.80682%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read more