Latest news with #CoinbaseDerivatives
National Post
09-05-2025
- Business
- National Post
Nodal Clear Announces Clearing Support for 24x7 Trading on Coinbase Derivatives Exchange
Article content WASHINGTON — Nodal Clear announced that starting today it will offer clearing support for 24×7 (24 hours by 7 days) trading of select cryptocurrency futures contracts on Coinbase Derivatives Exchange (CDE). The new structure enables round-the-clock trading, for a subset of contracts including: Article content Article content Bitcoin Futures (BTI) – 1 Bitcoin Ether Futures (ETI) – 10 Ether nano Bitcoin Futures (BIT) – 1/100th of Bitcoin nano Ether Futures (ET) – 1/10th of Ether Article content This move represents a significant milestone in the history of global clearing as it enables continuous cleared trading, including on weekends and holidays, for the first time ever for cleared margined futures. Article content 'Nodal Clear is proud to be the first clearing house to ever offer 24×7 clearing for margined futures contracts. This innovation reflects our commitment to deliver operational excellence for our clearing members, Coinbase Derivatives Exchange and its trading community,' said Paul Cusenza, Chairman and CEO of Nodal Clear. 'Our unique risk management approach sets us apart and allows us to support continuous trading.' Article content Boris Ilyevsky, CEO of Coinbase Derivatives, stated: 'Coinbase Derivatives is proud to be the first ever US futures exchange to offer 24×7 margined futures contracts in partnership with Nodal Clear. Our platform was purpose-built for this moment, combining a crypto-native mindset with the infrastructure and regulatory rigor required to modernize U.S. markets. This launch brings crypto futures trading in sync with round-the-clock global crypto markets.' Article content Nodal Clear is a Derivatives Clearing Organization (DCO) pursuant to the Commodity Exchange Act and is regulated by the CFTC. Nodal Clear provides central counterparty clearing services to Nodal Exchange and Coinbase Derivatives Exchange. Through the novation process, the clearing house becomes the buyer to every seller and the seller to every buyer, significantly reducing the credit risk exposure of market participants. Nodal Clear's strong risk management practices create a sound market infrastructure for trading. Nodal Clear employs a tailored portfolio margining methodology that appropriately margins contracts and provides capital efficiencies to market participants. Further information is available at Article content Article content Article content Article content Article content Contacts Article content Article content
Arabian Post
09-05-2025
- Business
- Arabian Post
Coinbase Opens Round-the-Clock Crypto Futures Trading in U.S.
Coinbase has launched 24/7 trading for Bitcoin and Ethereum futures through its CFTC-regulated platform, Coinbase Derivatives, marking a significant shift in U.S. crypto market accessibility. This initiative allows traders to engage in futures contracts at any time, aligning with the continuous nature of global cryptocurrency markets. The move addresses a longstanding gap between traditional U.S. trading hours and the always-on operations of crypto markets. Previously, U.S. traders faced limitations due to fixed market hours, often missing opportunities during off-hours. With this development, Coinbase aims to provide traders with the flexibility to manage risk and seize opportunities without time constraints. Coinbase's infrastructure supports this continuous trading model through partnerships with Nodal Clear, a CFTC-regulated clearinghouse, and liquidity providers like Virtu Financial. These collaborations ensure that the platform can handle the demands of round-the-clock trading while maintaining regulatory compliance. The introduction of 24/7 trading is part of Coinbase's broader strategy to expand its derivatives offerings. The company has also announced plans to develop perpetual-style futures contracts, which do not have expiration dates, providing traders with additional tools to manage their positions over extended periods. This expansion into continuous trading comes amid a surge in institutional interest in cryptocurrency derivatives. Derivatives account for a significant portion of global crypto trading volume, and Coinbase's enhanced offerings aim to cater to this growing demand. Coinbase's move also reflects a broader trend of increasing regulatory clarity in the U.S. crypto market. The company's alignment with regulatory standards, such as operating a CFTC-regulated exchange, positions it to capitalize on the evolving landscape of digital asset trading. See also Grindery Launches Aventino to Enhance AI Agent Transactions In addition to the launch of 24/7 trading, Coinbase has announced a $2.9 billion acquisition of Deribit, a leading crypto options trading platform. This acquisition is expected to further strengthen Coinbase's position in the derivatives market and expand its global reach. Arabian Post – Crypto News Network
Yahoo
23-04-2025
- Business
- Yahoo
Bitcoin smashes past $90K while XRP futures and Ripple's stablecoin make waves
Bitcoin has officially smashed through the $90,000 mark, a major psychological milestone. While many traders and investors are wondering whether it can hold this level, some analysts saw this breakout coming. Tools like Market Cipher showed bullish patterns on the weekly chart, and now eyes are on the $88,000 support zone to confirm sustainability. Gold is soaring too, hitting an all-time high amid ongoing geopolitical tension between the U.S. and China regarding tariffs and trade deals. While some argue gold's rally helped push Bitcoin, I believe Bitcoin was primed for a pump on its own. On April 21, the Coinbase Derivatives platform launched two XRP futures products. The contracts, one standard (10,000 XRP) and one nano (500 XRP) are cash-settled and benchmarked to the MarketVector Coinbase XRP Index. These launches were approved by the CFTC earlier this month, thanks to Trump's crypto-friendly U.S. administration. Ripple's ecosystem is also growing, especially in DeFi. The new RLUSD stablecoin, backed by Ripple and operating on both XRPL and Ethereum, is now integrated into Aave V3 on Ethereum. With $50M in supply and $5M available for borrowing, the current usage is modest, but the stablecoin has already reached a $294M market cap since its December launch. In other altcoin news, apparently Go Gala Games (GALA) was used for The White House digital easter egg hunt, let's see if they make a comeback! Hedera (HBAR) is advancing in AI with the launch of agent-to-agent communication via the OpenConvAI Portal by Moonscape Labs. Now live on Hedera's testnet, it offers ChatGPT-style interaction, monetization ready agents, and a unified directory of registered AI regulatory news, Paul Atkins was sworn in as the 34th SEC Chair. A long-time advocate for transparency and regulatory consistency, Atkins replaces Gary Gensler and is expected to introduce more pro-crypto policies and legislation. (We'll see) Michael Saylor made headlines again this week, as MicroStrategy acquired 6,556 more BTC (worth ~$555.8M at current prices) at an average price of $84,770. The company now owns 2.7% of the entire Bitcoin supply, representing 77% of all BTC held by public companies. Finally, Ethereum co-founder Vitalik Buterin floated the idea of replacing the EVM with RISC-V to improve scalability and reduce on-chain costs by up to 100x. This upgrade would retain EVM compatibility and allow for interpreters to translate contracts, a move already explored by other blockchains like Polkadot. Sign in to access your portfolio
