A major cryptocy exchange, Coinbase, will start offering Ordinals (ORDI) and Worldcoin perpetual futures to institutional clients from April 11, catering to their growing interest in crypto derivatives.
ORDI has surged by 1,640%, reaching $87 from $5 since November 2023, driven by fervor for Ordinals-related assets. It’s important to note that ORDI isn’t directly affiliated with Bitcoin Ordinals or its team.
Worldcoin has also seen rapid growth, rising from $2.20 to $11.70 between February and March. It’s the native token of Worldcoin, a digital identity project incentivizing users to mint their biometric data for a digital ID.
Coinbase’s recent addition of perpetual futures for Wormhole’s native token and plans for Litecoin and Dogecoin futures reflect its strategic expansion into derivatives trading. The exchange utilizes the “self-certification” method to launch futures contracts, ensuring regulatory compliance.
These developments signal Coinbase’s commitment to offering diverse investment opportunities while adhering to regulatory standards in the crypto derivatives market.
NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…
The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…
The Web3 gaming sector is facing a harsh reality check as new data reveals that more…
Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…
Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…
Prediction market platform Kalshi has fined and suspended three U.S. congressional candidates after determining they engaged in “political…