21 sats \ 4 replies \ @siggy47 16 Aug 2023
????? I really thought the government was looking to bring them down.
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0 sats \ 3 replies \ @birdeye21 16 Aug 2023
Coinbase is in bed with all the financial elite, they’re probably safe
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51 sats \ 2 replies \ @Wumbo 16 Aug 2023
They got that Black Rock blessing now.
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21 sats \ 1 reply \ @siggy47 16 Aug 2023
100% My question was half rhetorical. Maybe I'm overreacting, but this BlackRock thing is frightening.
Coinbase trading btc futures and BlackRock spot etf is the perfect combination for US govt. price manipulation.
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20 sats \ 0 replies \ @Wumbo 16 Aug 2023
Bitcoin is Enemy Money
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20 sats \ 0 replies \ @Wumbo 16 Aug 2023
CoinBase Article with more info:
https://www.coindesk.com/business/2023/08/16/coinbase-finally-wins-approval-to-list-crypto-futures-in-us/
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0 sats \ 3 replies \ @lawndough 16 Aug 2023
Don’t we already have futures trading? Why is this big news?
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10 sats \ 2 replies \ @brianh 16 Aug 2023
most platforms that offer futures/perp trading currently do not offer that in the US, so this is big news because it might mean that other platforms can potentially offer their futures trading platforms to America soon?
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0 sats \ 1 reply \ @lawndough 16 Aug 2023
I guess what’s the difference between this and the bitcoin futures ETFs that were approved in 2021?
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100 sats \ 0 replies \ @brianh 16 Aug 2023
So these aren't ETFs, you'll actually be able to trade futures contracts on the trading platform itself.
What that means is you can manually create longs/shorts on a CEX vs buying and holding an ETF from a stock exchange.
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