Coinbase to List BCH, DOGE, LTC Futures: Crypto Prices Soar
March 21, 2024Coinbase, a major crypto exchange, is set to list Bitcoin Cash, Dogecoin, and Litecoin futures after filing with the CFTC.
The announcement of the futures listings has resulted in a significant price increase for Bitcoin Cash (15%) and Dogecoin (14%).
Bitcoin Cash's market capitalization has reached $8.3 billion, positioning it as the 17th largest crypto asset.
Coinbase's actions are leading to speculation around the SEC's potential classification of Proof of Work cryptos as commodities.
The value surge of Dogecoin coincides with the Doge20 presale, which has successfully raised over $4.5 million.
Summary based on 9 sources
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Sources
Yahoo Finance • Mar 21, 2024
Coinbase Derivatives Plans To Launch Futures Trading for Dogecoin in Letter to CFTCCointelegraph • Mar 21, 2024
Coinbase to launch DOGE futures, says it 'transcended' meme originsFinance Magnates • Mar 21, 2024
‘A Staple of the Crypto World’: Coinbase’s Plan to List DOGE Futures Pumps the MemecoinBeInCrypto • Mar 21, 2024
Coinbase to List Dogecoin, Bitcoin Cash, Litecoin Futures