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9 Mar 2026, 14:58

Coinbase introduces regulated crypto futures in Europe

More on Coinbase Coinbase Global, Inc. (COIN) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Coinbase: Betting On A Correction Is A Coin Toss Coinbase: Take Advantage Of Extreme Fear To 'Buy' Aon tests stablecoin payment for insurance premiums with Coinbase and Paxos Big banks in top losers; Circle Internet, Coinbase, SoFi among gainers - week's financials wrap

9 Mar 2026, 14:48

South Korea hits Bithumb with six-month partial suspension

Incoming news from South Korea reports that the Financial Intelligence Unit (FIU) has issued a preliminary notice to Bithumb. The entity has imposed a six-month partial suspension of operations for violating anti-money laundering (AML). In addition, FIU also notified the company of disciplinary action against its CEO, Lee Jae-won. According to News 1 , the Financial Services Commission earlier notified Bithumb of sanctions for violating the Specific Financial Information Act. Bithumb is under a 6-month partial suspension The 6-month suspension follows industry troubles, not limited to erroneous Bitcoin transactions. As earlier reported by Cryptopolitan , the exchange mistakenly transferred 620,000 Bitcoin, a number more than 12 times its actual holdings. That mistake, worth around $40 billion – 60 trillion KRW. Additionally, the FIU flagged the exchange’s handling of unreported overseas virtual asset operators and its failure to follow KYC procedures. The suspension follows a systematic enforcement campaign by South Korean financial regulators aimed at improving compliance in its crypto industry. A Bithumb official asserts that, “This measure is not a final sanction, but rather a preliminary notice, and there may be some adjustments during the sanctions review. The restriction only applies to new members’ virtual asset transfers and withdrawals.” What becomes of Bithumb’s CEO? South Korean lawmakers want Bithumb’s CEO gone. Lee Jae-won, Bithumb’s CEO, admitted to the National Policy Committee that Bithumb reconciles its books with its actual crypto assets only once a day. “The time it takes for Bithumb to align its virtual currency holdings and circulation volume is one day,” he said. After the $40 billion blunder, the exchange moved to prevent lawsuits, as under civil law, the court would ask the customer to return the original Bitcoin rather than the money. In an apology statement, Bithumb said, “Bithumb takes this incident very seriously and will do its utmost to prevent recurrence by redesigning the entire asset payment process and enhancing the internal control system.” The CEO is now paying for every mistake tied to the exchange’s conduct in the last few months. Lee Jae-won is awaiting the final disciplinary verdict that could kick him out of the industry like Terra Labs Do Kwon. The financial authorities plan to hold a sanctions review committee this month to decide on the degree of sanctions against Bithumb. Sanctions review of Coinone and GOPAX is expected to follow. South Korea regulators move to protect local investors Regulators have stepped in to centralize the decentralized crypto space in South Korea. Other than Bithumb, the FIU suspended Dunamu’s operations for 3 months and fined the Upbit operator 35.2 billion won. As reported by Cryptopolitan, Korbit was also fined 2.73 billion won and issued an institutional warning. Shortly after, South Korea’s Mirae Asset Group acquired a 92% stake in Korbit for $93 million. Bithumb Nanum PR ploy finds its way to Jeju Island Following in the footsteps of Korean politicians, Bithumb Nanum, the official corporate social responsibility (CSR) and in-house volunteer organization of Bithumb, held a ‘kimchi-sharing’ event in Jeju. A Bithumb Nanum official said, “We worked with local welfare institutions to create an opportunity for seniors to eat together and take part in activity programs.” The official added, “We plan to continue expanding social contribution activities linked to local communities.” Also, on March 6th, it organized a spring sharing event with 30 vulnerable elderly residents at Dongjeju Comprehensive Social Welfare Center in Gujwa-eup, Jeju City. The program was intended for elderly residents living alone who have difficulty traveling due to geographical conditions. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

9 Mar 2026, 14:26

XRP Futures Market Signals Exchange Outflow and Market Volatility

XRP flows in the futures market have turned negative in 24 hours as the price inks a mild uptick.

9 Mar 2026, 14:14

Coinbase Launches Crypto Futures Trading for 26 European Countries

Coinbase has expanded its derivatives services across Europe, opening regulated crypto futures trading to millions of regional traders. The rollout covers 26 countries and marks a major step in the company’s broader effort to transform its platform into a comprehensive financial marketplace. European users can now access these products through Coinbase Advanced, giving them regulated exposure to crypto and index-based futures contracts. Historically, many European traders relied on offshore or lightly regulated platforms for derivatives products. Regulatory complexity across Europe limited access to compliant alternatives for several years. Consequently, Coinbase aims to fill that gap by introducing structured futures trading within a regulated framework. The move also aligns with the company’s strategy to expand beyond spot cryptocurrency markets. Expanding Regulated Derivatives Access Coinbase gradually enabled futures trading for qualified users across countries including Germany, France, and the Netherlands. Traders can now access multiple contracts covering digital assets and selected equity index products. Additionally, the platform supports contracts tied to major cryptocurrencies such as Bitcoin and Solana. These products operate through Coinbase’s European MiFID-regulated entity, which provides oversight and compliance. Consequently, European traders gain an option that prioritizes regulatory clarity and platform reliability. Besides crypto-linked contracts, the exchange introduced futures linked to equity indices. One example includes an index combining major technology companies with digital asset exposure. This approach reflects Coinbase’s broader plan to blend traditional financial instruments with crypto markets. Contract Types and Trading Features Coinbase introduced two main futures formats designed for different trading strategies and time horizons. The first format uses perpetual-style futures with extended five-year expiries and hourly funding adjustments. These contracts maintain price alignment with underlying assets while allowing traders to hold positions for longer periods. Additionally, the platform settles these contracts daily through a cash settlement mechanism. The second format includes dated futures contracts that expire monthly or quarterly. Traders receive daily mark-to-market adjustments based on official exchange settlement prices. Moreover, the platform provides leverage options to increase capital efficiency. Select contracts allow leverage up to ten times the original trading capital. Other instruments support lower leverage levels between four and five times. Coinbase’s Push Toward an “Everything Exchange” Coinbase views the European futures launch as a foundation for a wider financial ecosystem. The company increasingly aims to offer multiple asset classes within a single trading environment. Moreover, low derivatives trading fees seek to attract both professional traders and experienced retail participants. The exchange promotes rates starting near 0.02 percent per contract. Eligible users must complete identity verification, trading experience checks, and account funding before accessing derivatives markets. Traders can then fund accounts with euros or USDC before entering positions.

9 Mar 2026, 13:56

Bitcoin Price Analysis: What’s the Most Likely Short-Term Scenario for BTC?

Bitcoin is still stuck in a broader bearish structure, but the latest bounce shows buyers are trying to keep the recent recovery alive above the key $60k area. Even so, the bigger trend remains fragile, with BTC still trading below major resistance levels on the higher timeframes. Bitcoin Price Analysis: The Daily Chart On the daily chart, BTC remains below both the 100-day and 200-day moving averages, which keeps the broader bias tilted to the downside. The price is also still trading inside the descending channel, indicating that the market has not yet confirmed a proper trend reversal. The main support zone remains around $60k to $61k, which has already produced a reaction earlier in February. On the upside, the first major resistance sits around $75k to $80k. As long as BTC stays below that region, rallies are likely to be viewed as corrective rather than impulsive. BTC/USDT 4-Hour Chart On the 4-hour timeframe, Bitcoin continues to move inside a large flag pattern, suggesting that the recent advance is still a recovery structure. The asset is now hovering around $69,000 after once again failing to sustain a break above the upper boundary of the pattern near the $73,000 area. Momentum is neutral for now, with RSI recovering from weaker levels but still not showing a decisive breakout. If buyers defend the $64k to $65k area, which coincides with the lower trendline of the flag, another push toward channel resistance remains possible. A breakdown below the lower boundary, however, could send BTC back toward the $60,000 zone, and potentially lower in the coming weeks. On-Chain Analysis From an on-chain perspective, the 30-day exponential moving average of the Exchange Whale Ratio has surged sharply, which usually signals that large holders have become more active in sending coins to exchanges recently. That tends to be a warning sign, as elevated whale inflows often increase the probability of sell-side pressure. So while price is trying to stabilize in the short term, the on-chain backdrop remains cautious. In other words, the chart structure may still allow for a recovery bounce, but the rise in whale activity suggests that upside could remain capped unless this metric starts cooling off again. The post Bitcoin Price Analysis: What’s the Most Likely Short-Term Scenario for BTC? appeared first on CryptoPotato .

9 Mar 2026, 13:40

2026 Crypto Market Outlook: Why Investors Track Binance Coin (BNB) and New Utility Protocols

In early 2026, the altcoin industry is shifting from speculation toward a utility-first approach. Investors