
Coinbase Secures UK Authorization to Offer Traditional Investments Alongside Crypto
Coinbase has obtained UK authorization, enabling institutional traders to access perpetual futures and retail customers to trade equities.

Coinbase has obtained UK authorization, enabling institutional traders to access perpetual futures and retail customers to trade equities.

Bitcoin's price dropped by up to 4% after MicroStrategy sold 3,600 BTC, though analysts anticipate a new buy announcement soon.

Anchorage Digital has integrated off-exchange settlement capabilities with Binance, aiming to mitigate exchange counterparty risk for institutional investors.

US Bitcoin ETFs saw their largest single-day outflows in June, totaling $696.3 million, as Bitcoin fell below $60,000, pushing year-to-date losses to $4.6 billion.

Bitcoin's return to $60,000 is met with heavy ETF outflows, a stark contrast to February's institutional accumulation at similar price levels.

A significant $1.3 billion sale of BlackRock's IBIT Bitcoin ETF last week likely indicates a large investor closing a directional trade, according to NYDIG.

Kraken plans to offer regulated Bitcoin perpetual futures to US institutional clients within the next month, following CFTC approval.