Coinbase Expands US Retail Trading with CFTC-Regulated Nano Crypto Futures

Coinbase has taken a significant step in catering to US retail traders by launching CFTC-regulated nano Bitcoin (BTC-PERP) and nano Ether (ETH-PERP) perpetual futures contracts. These new offerings provide up to 10x leverage, presenting a regulated onshore alternative to offshore derivatives platforms. Available through Coinbase Financial Markets, these contracts address long-standing concerns about transparency and legal risks for US-based traders, with taker fees starting at competitive rates. This development marks a pivotal moment in making crypto derivatives more accessible and secure for retail investors in the United States.

Coinbase Launches CFTC-Regulated Perpetual Futures for US Retail Traders

Coinbase has introduced CFTC-regulated nano bitcoin (BTC-PERP) and nano Ether (ETH-PERP) perpetual futures contracts, offering US retail traders up to 10x leverage. The move provides a regulated onshore alternative to offshore derivatives platforms, addressing long-standing transparency and legal risks for US-based traders.

The contracts, available through Coinbase Financial Markets, feature taker fees starting at 0.02% and settlements in USD. With five-year expirations and hourly funding rates, the products maintain regulatory compliance while mirroring traditional perpetuals' structure. Trading operates 24/7, aligning with global crypto market standards.

This launch marks a strategic expansion of Coinbase's derivatives offerings, with plans to include additional cryptocurrencies. The federally supervised framework under the CFTC brings institutional-grade oversight to retail crypto derivatives trading in the US.

DOGE Breaks $0.25 as Whales Buy $250M, Eyes $0.48 Target

Dogecoin surged past the $0.25 resistance level as whales accumulated over 1.08 billion DOGE tokens worth approximately $250 million within 48 hours. Trading volume spiked 77% to $6.43 billion, signaling renewed market interest amid speculation of a potential Dogecoin ETF and a major breakout by 2025.

The token climbed to $0.2720, marking a 7.83% daily gain, with a local high NEAR $0.29. Technical analysis confirms a bullish Double Bottom pattern, suggesting strong upward momentum. Institutional confidence appears to be growing, with concentrated whale activity reaching levels not seen in months.

SpaceX Bitcoin Wallet Moves $150M in First Transaction Since 2022

A Bitcoin wallet linked to Elon Musk's SpaceX transferred over $150 million worth of BTC, marking its first on-chain activity in more than three years. Blockchain analytics firm Arkham reported the movement of 1,308 BTC from a SpaceX-labeled address to an inactive wallet.

The transaction follows a period of dormancy since June 2022, when SpaceX last moved 3,505 BTC to Coinbase. The new receiving address shows no further activity, leaving the purpose of the transfer unclear—whether for sale, treasury management, or other strategic reasons.

SpaceX remains a major corporate holder of Bitcoin, with 6,977 BTC worth approximately $815 million. This positions the company behind only MicroStrategy and Tesla, another Musk-owned firm, in terms of corporate BTC holdings.

The movement coincides with renewed institutional interest in Bitcoin, driven by rising prices and broader crypto adoption. No official comment has been provided by SpaceX or Musk regarding the transaction.

Crypto Market Update: Bitcoin Holds Steady as Altcoins Retreat Amid SpaceX's $150M BTC Transfer

Bitcoin maintains its position above $118,000, showing resilience while altcoins face downward pressure. ethereum retreats toward $3,600 despite steady spot ETF inflows, and XRP slides back from its $3.66 resistance level toward its previous all-time high of $3.40.

SpaceX, Elon Musk's aerospace company, has broken a three-year dormancy by transferring 1,308 BTC worth approximately $153 million. This follows a previous transfer of 17,314 BTC to Coinbase in mid-2022. The MOVE signals renewed activity in institutional crypto holdings.

The broader market shows signs of fatigue after a week of gains. Ethereum leads the correction with a 2% drop to $3,662, while XRP trades at $3.48 after failing to sustain momentum above its record high. Bitcoin's consolidation suggests underlying strength despite the altcoin pullback.

SpaceX Moves $153M in Bitcoin Amid Tesla Earnings Speculation

Elon Musk's SpaceX transferred 1,308 BTC ($153 million) from a dormant wallet after three years of inactivity, according to on-chain data from Lookonchain. The transaction, traced to a new unidentified address, has sparked speculation about Musk's crypto strategy ahead of Tesla's Q2 earnings report.

Arkham Intelligence confirms SpaceX retains 6,977 BTC ($822.65 million), solidifying its position as one of the largest corporate Bitcoin holders alongside Tesla's 11,509 BTC ($1.36 billion) stash. Both holdings are custodied by Coinbase Prime.

Options markets reflect bullish sentiment, with $47 million in net call options signaling trader anticipation of potential Bitcoin portfolio updates in Tesla's upcoming earnings disclosure.

Coinbase Expands Perpetuals Trading to US Customers, Challenging Offshore Platforms

Coinbase has launched perpetual futures trading for U.S. customers, following rival Kraken's lead in a bid to capture market share from offshore exchanges. The new contracts feature extended 5-year durations and competitive fee structures.

The move signals growing institutional sophistication in crypto derivatives, with U.S.-regulated platforms now offering products previously only available through unregulated offshore venues. Coinbase's entry could accelerate the migration of trading volume back to compliant exchanges.