Coinbase Shakes Up Crypto Futures: Perpetual Contracts Now Live for Major Tokens

Wall Street's worst nightmare just got sharper teeth—Coinbase just flipped the switch on perpetual futures trading for multiple top-tier cryptocurrencies. No more begging hedge funds for leverage access.

Subheader: The 800-Pound Gorilla Wants Its Banana

While traditional finance still debates 'blockchain vs. banana yields,' Coinbase cuts through the noise with institutional-grade derivatives. Suddenly those 'regulated' CME contracts look like dial-up internet.

Subheader: Zero Days Since Last Crypto Infrastructure Leap

Traders now get non-expiring contracts without the hassle of quarterly rollovers—because who actually enjoys giving away money to contango? The platform's move pressures rivals to ditch their legacy systems (looking at you, Kraken).

Closing thought: Another brick in DeFi's wall—while banks keep polishing their fax machines.

Bitcoin (BTC) Needs to Break Past the $120K Resistance to Keep Moving Higher

Market sentiment has improved significantly in the past few days. The Fear and Greed Index currently sits at 67, meaning that investors have an optimistic attitude about the future of crypto prices.

Bitcoin still dominates the crypto market with a 60% dominance rate, but altcoin season could be about to start as tokens like Ethereum (ETH) and Solana (SOL) are nearing key levels at $4,000 and $200, respectively.

Looking at BTC’s 4-hour chart, we can see that the top crypto has been making a series of lower highs since it hit its latest all-time high at around $123,000.

The $115,000 level is the key support to watch at this point while a break above $120,000 WOULD send a strong buy signal as it would mean that the downtrend has been reversed.

In this lower time frame, the Relative Strength Index (RSI) has been steadily dropping while the 9-day and 21-day exponential moving average (EMA) exhibit clear signs of an ongoing consolidation.

As long as the $115,000 level holds, the baseline Bitcoin price prediction will continue to be bullish, especially in these positive market conditions.

To profit from this cycle, a new futures trading platform called CoinFutures has been launched to make it easier for traders to place either long or short positions on their favorite tokens.

CoinFutures Offers 1000X Leverage and Automated Trading Tools

Trading through traditional platforms and centralized exchanges (CEXs) can sometimes be complex if you are getting started in the crypto market.

CoinFutures lets you open both long and short positions on your favorite cryptocurrencies with just a few clicks.

You can multiply the amount of your investment by up to 1000x to increase your profits and the platform supports a growing list of tokens already including Bitcoin (BTC), ethereum (ETH), Dogecoin (DOGE), and Tron (TRX), with more to come over the next few days.

This will help you limit your losses and lock in profits if the market moves in your favor.

Trading fees are quite competitive and you can choose between a flat fee or a percentage-based fee applicable to each of your positions’ final P&L.

To sign up, simply head to the CoinFutures website and make a deposit. You can choose between various payment methods, including crypto transfers (USDT, ETH, and more tokens are supported) or by using a bank card.

Visit CoinFutures Here

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