Bitcoin is getting a very real boost on Monday, January 26th, 2015 with the opening of the first licensed U.S. Bitcoin exchange by Coinbase.
Coinbase is launching its second derivatives product – the nano ether ETH futures on its derivatives exchange in the coming week.
American cryptocurrency trading platform Coinbase has announced plans to close down its advanced trading platform, Coinbase Pro by the end of the year.
Besides its listing of BUSD, the Coinbase exchange also announced its support for the Oasis Network through the listing of its ROSE token.
Coinbase and Hong Kong-based Caspian have partnered to bring additional trading and portfolio management functionality to Coinbase’s customers.
Coinbase has recently opened a new office in New York which will cater primarily to institutional clients. The exchange plans to expand its NY team, which currently involves 20 specialists, to 150 employees next year.
The largest U.S. cryptocurrency exchange had to walk back its claims: the company did not get official approval from the U.S. Securities and Exchange Commission on the acquisition of three companies. The upcoming deal can dramatically expand the range of services provided by Coinbase and ensure its market domination – in case it goes through.
As a part of this approval, Coinbase will be able to list the ICOs on their platform and thus trade digital tokens that are deemed as securities.
Coinbase Crypto Index Fund is currently available to the U.S-resident accredited investors, promising more funds in the pipeline for global ones.
GDAX promised to credit customer accounts which experienced a margin call or stop loss order as a direct result of the rapid price movement.
Coinbase recently announced that stop orders are now available on Coinbase Exchange. Stop orders allow customers to buy or sell bitcoin at a specified price.