Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
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

0
FacebookTwitterGoogle +Pinterest
previous post
Lode Gold Shareholders Approve Plan of Arrangement for Spin Out of Gold Orogen
next post
NASA spent $13M on DEI under Biden while critical mission, quality controls flailed, watchdog group says

Related Posts

Coelacanth Announces 2024 Year-End Reserves

April 24, 2025

Sarama Resources Geochemistry Program Underway at Cosmo Gold...

February 10, 2025

Crypto Market Recap: $TRUMP Token Soars as President...

April 28, 2025

Top 5 Junior Gold Stocks on the TSXV...

July 3, 2024

Tech 5: AI Takes Center Stage at CES,...

January 13, 2025

Cannabis Round-Up: Harris  to Push for Federal Legalization,...

November 5, 2024

Red Pine Says Former CEO Manipulated Over 500...

May 14, 2024

Completion of QSM Acquisition

December 24, 2024

Sarama Completes Tranche 1 Equity Placement and ASX...

June 27, 2024

3 Things Warren Buffett Has Said About Gold

May 6, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Recent

    • US sanctions Palestinian Authority officials after rejecting global push to give it control of Gaza

      August 1, 2025
    • US, UK and a dozen other nations call out Iran attempts to ‘kill, kidnap, harass’ citizens

      August 1, 2025
    • Banned chemicals found in American shampoo, sunscreen and tampons across major brands

      August 1, 2025
    • Homesick GOP senators mull throwing out the rules over stonewalling Dems

      August 1, 2025
    • Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off’ constituents, WH claims

      August 1, 2025

    Categories

    • Business (1,046)
    • Investing (2,743)
    • Politics (3,370)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.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 sportinvestorsleague.com | All Rights Reserved