dogecoin futures market to launch on Coinbase - page 2.

d5000

legendary

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Merit: 6249

Decentralization Maximalist

This does not look like an April Fools prank. They announced the futures not only for DOGE but also for LTC and BCH. Et voilà ... see the CFTC website:

It seems thus they're already approved by the CFTC, or at least there are no objections. For DOGE it's perhaps a bigger milestone as for the other two coins, because there are already some regulated LTC financial products (in the US and in Europe), and there's also a BCH Trust on Grayscale.

snowpega

full member

Activity: 462

Merit: 227

haha, I do not know it is going to april fool or not but Dogecoin is getting in trend day after day as if we read the recent update on the dogecoin which in my point of view is bullish making it in the trend. Many of people are investing in the Dogecoin to get a good amount of profit. Maybe you knew these updates or not but I would like to share here which are Elon Musk has accepted Dogecoin as the payment gate way for his Tesla company and we know that Tesla is the world's fampuns automobile company and the adoption of such comapny through these kind of organization make these coins bullish.

On the other hand second update is that Farreri has also accepted DogeCoin as their payment gateway which is also a bullish update in my point of view but the thing is that Farreri is just accepting DogeCoin as their payment gate way only in America country. But the thing needs to be noticed is the adoption of the Dogecoin which is getting popular day by day. well, what do you think about it. must share your opinion onver this. Many Thanks!

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: electronicash on March 21, 2024, 12:55:00 PM

Crypto exchange Coinbase has announced plans to launch futures trading for Dogecoin, Litecoin and Bitcoin Cash as soon as April 1.
https://cointelegraph.com/news/coinbase-crypto-exchange-launch-dogecoin-litecoin-bitcoin-cash-futures-april

could just be a great April Fools prank?
along with the Dogecoin futures are Litecoin and Bitcoin Cash. coinbase will launch these derivatives even without CFTC's prior approval. to da moon!

Usually anyone wouldn't preannounce April fools pranks beforehand. So no. Also why wouldn't they launch that? Those coins are more mature then most altcoins out there and they have enough volume, so it's just more trading fee profits for coinbase.

Frankly i don't see this as only bullish for those coins and i am not talking only about regulatory issues this could bring. People aren't only buying coins to hold as this brings more participants to speculative trading. Meaning more volatility, which can be a tool for moon rocket or ensuring next deep crash when there are over leveraged positions.

But as we are in the middle on altseason and it's only one more exchange, Doge will most likely keep on mooning, and spikes hard before it crashes, just like so many times before. I am not playing this time, and i hope some people have learned their lessons and take out some profits while it moons.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

How ironic that they have delisted BCH and then they're going to launch its futures market, they shouldn't go back but isn't this a proposal for now because, in some articles, it says that it is? So say that they've been approved by the CFTC then sure that the futures traders are going to flock them all over. I thought it was a good riddance that they've got rid of bch but then still gonna list it back but in their futures market.

electronicash

legendary

Activity: 3178

Merit: 1054

Crypto exchange Coinbase has announced plans to launch futures trading for Dogecoin, Litecoin and Bitcoin Cash as soon as April 1.
https://cointelegraph.com/news/coinbase-crypto-exchange-launch-dogecoin-litecoin-bitcoin-cash-futures-april

could just be a great April Fools prank?
along with the Dogecoin futures are Litecoin and Bitcoin Cash. coinbase will launch these derivatives even without CFTC's prior approval. to da moon!

Topic: dogecoin futures market to launch on Coinbase - page 2. (Read 243 times)