Coinbase launches stock perpetual futures contracts for non-U.S. traders

Coinbase (COIN) said it began offering perpetual stock futures to eligible non-U.S. retail and institutional traders, extending its derivatives product line into U.S. equities. The contracts let traders take leveraged positions on a group of large-cap U.S. stocks, colloquially known as the Magnificent 7: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. Perpetual futures tied…

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Bitcoin (BTC) price holds steady, with one analyst seeing the upside emerging: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$70,362.93 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000. Most assets saw sharp downturns over the period as the conflict in Iran escalated, damaging vital energy infrastructure. A hotter-than-expected February U.S….

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Morgan Stanley sets MSBT ticker and $1 million seed capital for BTC ETF

Morgan Stanley wants its planned spot bitcoin BTC$70,483.40 ETF to trade under the ticker MSBT when it debuts. The investment bank disclosed the ticker in its latest filing with the U.S. Securities and Exchange Commission (SEC), amending its January application for the fund. The filing also revealed key fund details, which include a 10,000-share creation…

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