strong buy

Crypto Market Extends 24/7 Derivatives Trading in the US

The acting head of the CFTC confirmed that all applications for 24/7 derivatives trading are exclusively related to crypto assets, leaving traditional finance behind. Coinbase has launched regulated Bitcoin futures trading available around the clock since May, while Bitnomial started in April. Weekend trading volumes match those of weekdays, engaging over a thousand traders and hundreds of thousands of contracts. The CFTC is also considering tokenized assets and stablecoins as collateral to mitigate risks.
Source available for registered users Sign Up Free

AI Analysis

The recent developments indicate a significant shift in the US crypto derivatives landscape. The acting head of the CFTC's confirmation that all 24/7 derivatives applications pertain solely to crypto ...

AI Recommendation

For investors, it is advisable to closely monitor the ongoing regulatory developments and the expansion of trading activities in crypto derivatives. The launch of 24/7 futures trading and the integrat...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: