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The proposed fund will track the price of the native MOVE token of Movement, an Ethereum layer-2 scaling network.

Top US crypto exchange platform Coinbase is launching around-the-clock futures contracts in America for Bitcoin (BTC) and Ethereum (ETH). In a new blog post, Coinbase says that its derivatives arm is launching the first 24/7 futures trading of the top two digital assets for US customers in the coming weeks.

Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement.

Ether (ETH) price dropped below $2,600 on Feb. 24 and has since struggled to sustain a meaningful recovery. The latest correction toward the $2,000 level triggered over $918 million in leveraged long (bull) liquidations in ETH futures within 15 days, according to CoinGlass data.

The second-largest cryptocurrency, ethereum (ETH), dipped to $1,809 on Monday, hitting a notable low. Meanwhile, the BTC/ETH ratio slipped under 0.24, a level not seen since February 2020. Bitcoin-Ether Ratio Taps Multi-Year Lows Ethereum is down 8% at the time of writing over the last day, and earlier it down 10% against the U.S.

Crypto analyst Trend Diva has provided an in-depth analysis of the current Ethereum price action. She revealed that ETH is still moving inside an ascending triangle but warned that it could suffer further downside pressure if it fails to stay above a crucial support level.

Coinbase is making a major change to how Bitcoin and Ethereum futures work in the United States by launching 24/7 trading, eliminating the restrictions of fixed market hours, according to an announcement on its blog post today.

The San Francisco-based exchange is working to catch up with offshore platforms that already offer round-the-clock futures.

Cryptocurrency markets are following traditional financial markets lower on Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $78,943.09 -4.5% Ethereum (CRYPTO: ETH) $1,871.07 -8.2% Solana (CRYPTO: SOL) $119.69 -7.3% XRP (CRYPTO: XRP) $2.07 -4.5% Dogecoin (CRYPTO: DOGE) $0.1572 -8.2% Shiba Inu (CRYPTO: SHIB) $0.00001178 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7% and daily active addresses falling by 0.4%.

In a last-minute bid, the trader sent 2,000 ETH to lower the liquidation price, buying himself additional breathing room.

Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations.

Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact the token's price.

Ethereum's forthcoming upgrade, Pectra, is facing many challenges as developers work to restore finality on the Holesky testnet. While the upgrade is expected to improve network security and scalability, unforeseen issues on Holesky have disrupted validator operations.

Nearly 10 million free Aibo NFTs have been minted on Soneium, Sony's Ethereum layer-2 network, granting them tokens that can't be traded.

Its a bloodbath in cryptocurrency markets right now and the Ethereum (ETH) price is get slaughtered, falling below $2,000 convincingly for the first time since late-2023 on Monday. The post Ethereum Price Crashes Below $2,000 – Here's Where It's Headed Next appeared first on Cryptonews.

ETH could be on the path to reclaiming its lost highs.

Bitcoin (CRYPTO: BTC) has fallen below $79,000 on Monday, raising concerns among analysts who believe the downturn may not be over. With XRP (CRYPTO: XRP), Ethereum (CRYPTO: ETH) and other altcoins also under pressure, experts suggest that market expectations have been reset, and further corrections remain a possibility.

Ethereum price seems to be in good standing as technical indicators suggest an upward move is possible. The top altcoin is currently confined within an ascending triangle pattern, which might mean a surge is forthcoming.

On-chain data from Lookonchain revealed that USDT and USDC Stablecoins on Ethereum increased by $1.3 billion. The analytic firm also noted that USDT and USDC Stablecoins on Hyperliquid decreased by $77 million.

Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels.

Thailand's financial regulator, the Securities and Exchange Commission (SEC), has expanded its list of approved cryptocurrencies. The country has now allowed the use of Tether (USDT) and Circle's USD Coin (USDC) on licensed digital asset exchanges. This decision follows a growing demand for stablecoins in crypto trading and payments worldwide.

The exchange is also developing a "first of its kind perpetual-style futures contract with long dated expirations," the company announced.

The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.

Coinbase Derivatives, a CFTC-regulated futures exchange, is preparing to introduce 24/7 Bitcoin and Ethereum futures trading for U.S. traders. This marks the first time crypto futures will be available around the clock in the U.S.