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The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets. According to the filings , Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), which will all be offered for trading on or after July 15th. The documents say that Coinbase has spoken with futures commission merchants (FCMs) and market participants who support the decision to launch the contracts.  “The Exchange is not aware of any substantive opposing views to the Contract. The Exchange certifies that the Contract and related rules certified herein comply with the Commodity Exchange Act and the rules and regulations promulgated thereunder.” In a statement, Coinbase Derivatives says it will be the first futures exchange in the US to introduce CFTC-regulated marg...

This year’s presidential elections are turning out to be interesting. More so for the crypto currency industry. The U.S. has remained confused and stringent when it comes to the digital asset sector. But a number of politicians have openly embraced crypto currencies in a new turn of events. Former President Donald Trump was one of them, whose shift in favor of the market surprised a lot of people. Joe Biden also jumped in on the trend after Trump’s progress. While several believe that this was an attempt by both parties to get votes, a few others are hoping to hear Bitcoin talk in the upcoming presidential debate. Biden and Trump will take part in the first presidential debate of this year. CNN will serve as the host, and it takes place on Thursday, June 27 at 9 p.m. ET. These candidates will be participating in their first debate since 2020. Dana Bash and Jake Tapper of CNN are moderating. It was said by the network that the moderators “will use all tools at their d...

A widely followed crypto analyst and trader believes that one Ethereum (ETH) rival is well below fair market value. Crypto trader Michaël van de Poppe tells his 722,500 followers on the social media platform X that layer-2 scaling solution Polkadot (DOT) could follow ETH’s upward trend. “DOT is likely going to follow Ethereum in its expansion upwards. This means that the current valuations of Polkadot are extremely low. I expect a lot from the Polkadot ecosystem with all the new segments.” Source: Michaël van de Poppe/X Looking at his chart, he suggests the possibility of a bullish divergence for DOT on the three-day chart, a metric where a lower low appears on the price chart but then a corresponding indicator shows a higher low. DOT is trading for $6.20 at time of writing, down nearly 2% in the last 24 hours. Next up, the analyst predicts that Bitcoin (BTC) will consolidate in the near term around the lower $60,000 range. “Bitcoin did...

Yield App has announced that it has halted all activity on its crypto investment platform with ‘immediate effect’ after admitting it had lost funds on FTX a year and a half after it collapsed. The company said its assets were held by a series of third-party hedge fund managers that were using FTX as custody. As a result, it says it’s preparing to enter liquidation and is in the process of taking legal action against the managers.  In a statement, Yield said, “This decision has been made to ensure fair and equal treatment for all Yield App’s users and stakeholders.” Previously, Yield had claimed that deposits made on its platform were ‘always safe‘ and even claimed “your funds are insured.” It’s not clear how these issues could endanger deposits that are both always safe and insured. Suspension of platform activity ahead of liquidation proceedings 28 JUNE 2024, 04:15 UTC: Yield App Ltd, a Seychelles-incorporated limited liability company, is toda...

While the meme coin sector has thrived this year, Pepe has provided some of the most substantial returns. It is currently up over 600%, and many investors who bought in its early stages have generated even more returns With that in mind, let’s explore three meme coins that could be the next Pepe. Pepe Unchained Pepe Unchained is a Pepe-inspired meme coin with a twist. It’s the first-ever Pepe token to have its own layer 2 blockchain. The Pepe chain comes with a native bridge to Ethereum, enabling users to seamlessly move assets between the two chains. The network will provide significantly cheaper transactions and is 100x faster than the Ethereum main network. Pepe Unchained is a ...

The Kaspa price jumped 11% in the last 24 hours to trade at $0.176 as of 03:49 a.m. EST on trading volume that skyrocketed 160% to $115 million, according to Coingecko . This comes as Bitcoin mining heavyweight Marathon Digital (MARA) announced that it has mined $16 million worth of Kaspa (KAS) as a step towards diversifying its revenue away from Bitcoin. Today we're announcing that we have been actively mining Kaspa. Diversification has been key to our investments in energy solutions and tech innovations, and it remains crucial in our digital asset compute operations. Read the full press release: https://t.co/rwiXIJCx7q — MARA (@MarathonDH) June 26, 2024 Since deploying its first batch of Kaspa miners in September 2023, the firm has mined 93 million KAS tokens, with the tokens being up 420% since then. Kaspa Price Set To Soar To A New ATH KASUSD Chart Analysis Source: Tradingview.com The Kaspa price went on a sustained downtrend from March to May, with the bull...

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Bitcoin, the undisputed king of cryptocurrencies, faces a challenge as it approaches a critical moment. After a stellar run in the first half of 2024, breaking past the crucial $71,000 barrier, the digital gold has retreated, currently hovering around the crucial $61,000 support zone. This recent dip has sparked a debate amongst analysts, with some clinging to bullish long-term outlooks and others cautioning of potential headwinds. Related Reading Don’t Fret The DOGE Dip: Analyst Predicts Big Rebound To $2 1 day ago Rainbow Whispers: A Golden Buying Opportunity Or Fool’s Gold? One factor keeping some bulls optimistic is the Bitcoin Rainbow Chart, a popular tool that analyzes price movements on a logarithmic scale. This chart currently positions Bitcoin in the “Buy” zone, suggesting there’s ample room for growt...

Back on May 15, the popular influencer Andrew Tate made a somewhat controversial post on X claiming he is about to abandon fiat currencies in favor of cryptocurrencies with a $100 million Bitcoin (BTC) investment.  While it remains unclear if he had done so, particularly given his subsequent reply to the tweet, there is little doubt that the former kickboxing star owns a significant amount of the digital asset. I haven’t done this yet because I actually have more crypto than fiat. But I think I’ll just leave fiat completely. — Andrew Tate (@Cobratate) May 15, 2024 Whatever the specifics may be, the idea of abandoning the banks and the ‘scams’ apparently came home to roost by June 25, 2024 – a little over a month later – with a massive plunge in the price of Bitcoin. Picks for you Cryptocurrency approves ...

The Biaoqing price pumped over 13% in the last 24 hours to trade at $0.02513 as of 12:00 a.m. EST as investors start to re-accumulate the meme coin. This 24-hour surge comes after a period of bearish movement by the crypto. However, the recent uptick was not enough to push the altcoin’s weekly performance out of the red zone. As such, the BIAO price is still down more than 11% over the past 7 days. The Biaoqing Price Regains Key Technical Support 4-hour chart for BIAO/USD (Source: GeckoTerminal ) The Biaoqing price was able to reclaim the $0.02334 support level in the last 24 hours. Therefore, the meme coin could now have the technical foundation needed to try and overcome the $0.03334 resistance level. If bulls are able to push BIAO above this point, the crypto might then rise to as high as $0.04733 in the short term. However, the Biaoqing price breaking below $0.02334 within the next 24 hours could invalidate the bullish thesis. In this alternative scenario, the meme coi...

Solana’s (SOL) most recent crypto market moves have spooked investors as the cryptocurrency experienced a relatively sudden price drop of 24.84% in the last 30 days. A possible explanation for the movements – which saw approximately $10 billion flee Solana’s market cap in the last week – came on June 24 when Crypto Bitlord, a prominent cryptocurrency influencer, made an X post claiming they heard rumors that SOL is under investigation . The influencer noted:  Picks for you How rich is Kansas' senator: Roger Marshall's net worth revealed 19 mins ago Hermetic Labs to offer blockchain consulting services 36 mins ago ...

The market’s anticipation of a possible Bitcoin (BTC) rebound seems to have been dampened, considering that indicators suggest further downside in the coming days. In line with this, trading expert Alan Santana projected in a TradingView post on June 23 that investors should expect a ‘ major low’ for Bitcoin before experiencing any rebound. Turning to the timing of the next major low, Santana based his speculation on historical patterns. The analyst observed that it took exactly 48 days for Bitcoin to establish a major low after the all-time high. Using this pattern, he predicted two potential dates for the next low: July 8, 2024, and July 25, 2024. Picks for you Large companies' bankruptcies 'riding rapidly' to second-largest number in 14 years 48 mins ago ...

The Amp price escalates, but a break above $0.0081 may pull the coin toward $0.0090 in the coming trading sessions. Amp Price Prediction 2024: AMP Faces Challenges Following March Surge In March, the Amp (AMP) token saw an extraordinary surge, becoming one of the market’s top-performing cryptocurrencies. This rapid rise marked an impressive increase of over 1,000% from its lowest point in 2023, significantly boosting its market capitalization. Amp Prediction Statistics Data: Amp price now – $0.0051 Amp market cap – $209.4 million Amp circulating supply – 42.2 billion Amp total supply – 99.21 billion Amp Coinmarketcap ranking – #236 AMP/USD Market Key Levels: Resistance levels: $0.0095, $0.0100, $0.0105 Support levels: $0.0025, $0.0020, $0.0015 AMPUSD – Daily Chart AMP/USD is currently trading around the resistance level of $0.0051 after touching the daily high of $0.0081 in the early hours of today. However, this could ea...