Coinbase Enhances Market Accessibility with 24/7 XRP and SOL Futures Trading

Coinbase is making a significant move in the U.S. cryptocurrency market by introducing 24/7 futures trading for XRP and Solana (SOL) starting June 13. This development marks a pivotal shift in market accessibility, reflecting growing institutional confidence in altcoins and potentially spurring broader retail participation. By removing trading hour restrictions, Coinbase aims to compete more effectively with offshore exchanges, which could lead to increased liquidity inflows. This strategic expansion underscores the platform’s commitment to catering to the evolving needs of crypto traders and investors, further solidifying its position as a leading exchange in the digital asset space.

Coinbase Expands Trading with 24/7 XRP and SOL Futures

Coinbase is set to introduce round-the-clock futures trading for XRP and Solana (SOL) starting June 13, marking a significant shift in U.S. crypto market accessibility. The move signals growing institutional confidence in altcoins and could catalyze broader retail participation.

By eliminating trading hour restrictions, Coinbase positions itself competitively against offshore exchanges. The development may trigger liquidity inflows for XRP and SOL, assets that have historically faced regulatory ambiguity in the U.S. market.

Market observers note the timing coincides with renewed institutional interest in altcoin derivatives. ’This isn’t just a feature update—it’s a strategic play for market share,’ said a trader at a competing exchange, speaking on condition of anonymity.

US Government Opposes Coinbase User’s Bid to Block IRS Crypto Records Access

The US government has urged the Supreme Court to reject a Coinbase user’s attempt to prevent the IRS from accessing his cryptocurrency transaction records. In a recent filing, prosecutors argued that James Harper lacks legal standing to challenge the tax agency’s investigative authority over digital asset holdings.

The case highlights growing regulatory scrutiny of cryptocurrency transactions as tax enforcement efforts intensify. Coinbase, one of the largest US-based exchanges, finds itself caught between user privacy concerns and government demands for financial transparency in the digital asset space.