Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

Investing

Crypto Market Recap: Bitcoin sees Record Price Drop, 24/7 Futures Trading Coming to Coinbase

by admin March 12, 2025
March 12, 2025
Crypto Market Recap: Bitcoin sees Record Price Drop, 24/7 Futures Trading Coming to Coinbase

Here’s a quick recap of the crypto landscape for Monday (March 10) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$78,955.60, reflecting a 4.5 percent decrease over the past 24 hours. The day’s trading range has seen a high of US$82,763.28 and a low of US$77,494.60.

Ethereum (ETH) is priced at US$1,864.19, marking a decrease of 8.7 percent over the same period. The cryptocurrency reached an intraday high of US$2,113.22 and a low of US$1,829.01.

Altcoin price update

  • Solana (SOL) is currently valued at US$119.32, down 7.7 percent over the past 24 hours. SOL rose to a high of US$127.93 and later fell to a low of US$116.08 on Monday.
  • XRP is trading at US$2.07, reflecting a 4.4 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday high of US$2.18 and a low of US$2.
  • Sui (SUI) is priced at US$2.13, down 8.9 percent over the past 24 hours. It achieved a daily high of US$2.35 and a low of US$2.07.
  • Cardano (ADA) is trading at US$0.6877, reflecting a 6 percent decrease over the past 24 hours. Its highest price on Monday was US$0.7319, with a low of US$0.6638.

Crypto news to know

Bitcoin sees biggest US dollar drop in a single week

Coinbase announced today (March 10) that it would begin offering 24/7 Bitcoin and Ethereum futures contracts and perpetual-style futures contracts, marking a first for both the company and the industry.

“We have been actively working with the (Commodity Futures Trading Commission), partners, and market participants to finalize the design and to ensure this product meets regulatory requirements as well as client needs,” the company said in a press release. Both are slated to launch in the coming weeks, but no launch date has been announced.

Coinbase to offer 24/7 Bitcoin and Ether futures in the US

Coinbase announced today (March 10) that it would begin offering 24/7 Bitcoin and Ethereum futures contracts and perpetual-style futures contracts, marking a first for both the company and the industry.

“We have been actively working with the (Commodity Futures Trading Commission), partners, and market participants to finalize the design and to ensure this product meets regulatory requirements as well as client needs,” the company said in a press release. Both are slated to launch in the coming weeks, but no launch date has been announced.

Michael Saylor shares his newest strategy

On March 10th, Strategy, formerly MicroStrategy, announced a new sales agreement, called the ‘ATM Program,’ to raise US$21 billion in capital by issuing and selling shares of its 8 percent Series A perpetual strike preferred stock.

The funds raised will be used for general business operations and potentially to purchase more Bitcoin. According to its filing with the US Securities and Exchange Commission, the company plans to sell these shares gradually, considering market conditions, and will use the proceeds for various corporate purposes, including Bitcoin acquisitions.

Previously, Strategy was known for directly purchasing Bitcoin with its existing capital or through debt offerings.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Condor Energies Secures Second Critical Minerals Mining License in Kazakhstan
next post
Coniagas Exploration Plan: Defining New Drill Targets and Optimizing Infill Holes

Related Posts

StrategX Discovers Extensive High-Grade Graphite at Nagvaak and...

March 4, 2025

Two Lithium Zones Confirmed in Latest Drill- Hole...

May 29, 2025

Lode Gold Sets Date for Shareholder Meeting to...

February 20, 2025

How to Invest in Quantum Computing Companies

February 7, 2025

Extension of Takeover Offer Period

March 21, 2025

NorthStar Gaming Launches Spring Tournament Series with Up...

March 21, 2025

Element79 Gold Corp. Provides Chachas Community update

March 29, 2025

FEED Study Confirms Micronising Operation

March 20, 2025

Top 5 Canadian Mining Stocks This Week: Foremost...

May 17, 2025

Crypto Market Recap: CFTC to Hold Crypto Industry...

February 10, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Zelensky departs Germany with pledge for help with long-range weapons, but no Taurus missiles

      May 29, 2025
    • Costa Rican police say they busted crime ring trafficking Asian migrants to US

      May 29, 2025
    • Brazilian nuns go viral after beatboxing on Catholic TV

      May 29, 2025
    • Hundreds of starving Palestinians storm Gaza food warehouse in deadly incident, says UN agency

      May 29, 2025
    • ‘We are living in a war’: Mexicans brace for violence ahead of judicial elections

      May 29, 2025
    • He left Venezuela for the US, dreaming of a career in cosmetics. He was deported to a Salvadoran prison

      May 29, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved