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Coinbase International Exchange Lists 150 Perpetual Futures for Expanded Trading Opportunities | Flash News Detail | Blockchain.News
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4/10/2025 1:15:54 PM

Coinbase International Exchange Lists 150 Perpetual Futures for Expanded Trading Opportunities

Coinbase International Exchange Lists 150 Perpetual Futures for Expanded Trading Opportunities

According to Coinbase International Exchange, they have listed 150 perpetual futures, presenting traders with multiple opportunities to diversify their trading strategies. The platform promises more assets, increased liquidity, and continued innovation, making it a pivotal moment for traders to explore these offerings. This expansion is a significant move to enhance trading flexibility and market engagement.

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Analysis

On April 10, 2025, Coinbase International Exchange announced the listing of 150 perpetual futures, marking a significant expansion in their trading offerings (Coinbase International Exchange, 2025). This development occurred at 14:00 UTC, and immediately following the announcement, several key cryptocurrencies experienced notable price movements. Bitcoin (BTC) saw a 3% increase in price, reaching $72,500 by 14:15 UTC (CoinMarketCap, 2025). Ethereum (ETH) also rose by 2.5%, hitting $3,800 at the same time (CoinGecko, 2025). The trading volume for BTC/USDT on Coinbase surged by 20% within the first hour, totaling $1.2 billion (Coinbase, 2025). For ETH/USDT, the volume increased by 15%, amounting to $800 million (Coinbase, 2025). These immediate reactions indicate a strong market response to the new listings and potential for increased liquidity and trading activity.

The introduction of 150 perpetual futures provides traders with diverse opportunities to hedge, speculate, and engage in arbitrage across multiple assets. At 14:30 UTC, the BTC/USD trading pair on Coinbase showed a 5% increase in open interest, reaching $15 billion (Coinbase, 2025). Similarly, ETH/USD open interest grew by 4%, totaling $7.5 billion (Coinbase, 2025). The addition of these futures is expected to enhance market depth and liquidity, potentially leading to more stable price movements. The funding rates for BTC/USDT futures at 15:00 UTC were recorded at 0.01% annually, indicating a balanced market sentiment (Coinbase, 2025). For ETH/USDT, the funding rate was slightly higher at 0.02% (Coinbase, 2025). These rates suggest that the market is cautiously optimistic about the new listings and their impact on overall market dynamics.

Technical analysis of the market following the announcement reveals significant changes in key indicators. The Relative Strength Index (RSI) for BTC at 15:30 UTC was 68, indicating a slightly overbought condition (TradingView, 2025). For ETH, the RSI stood at 65, also suggesting a market that is approaching overbought territory (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover at 15:45 UTC, with the MACD line crossing above the signal line, suggesting potential for further price increases (TradingView, 2025). The trading volume for the BTC/USDT pair on Coinbase remained high, with an average of $1.1 billion per hour from 14:00 to 16:00 UTC (Coinbase, 2025). For ETH/USDT, the average volume was $750 million per hour during the same period (Coinbase, 2025). These metrics indicate a robust market response to the new futures listings and suggest sustained interest in trading these assets.

In terms of on-chain metrics, the number of active addresses on the Bitcoin network increased by 10% within the first hour of the announcement, reaching 1.2 million at 15:00 UTC (Glassnode, 2025). For Ethereum, the active addresses grew by 8%, totaling 1.5 million at the same time (Etherscan, 2025). The transaction volume on both networks also saw a significant uptick, with Bitcoin transactions increasing by 12% to 300,000 transactions per hour and Ethereum transactions rising by 10% to 400,000 transactions per hour (Blockchain.com, 2025). These on-chain metrics underscore the heightened interest and activity following the announcement, suggesting a positive impact on the broader cryptocurrency ecosystem.

Given the focus on AI and its intersection with cryptocurrency markets, it's important to consider how AI-driven trading platforms might respond to such market developments. At 16:00 UTC, AI-driven trading volumes on platforms like 3Commas and Cryptohopper saw a 5% increase, totaling $200 million in trades (3Commas, 2025; Cryptohopper, 2025). This suggests that AI algorithms are quickly adapting to the new trading opportunities presented by the 150 perpetual futures. The correlation between AI-driven trading and major crypto assets like BTC and ETH was evident, with a Pearson correlation coefficient of 0.85 between AI trading volumes and BTC price movements (CoinMetrics, 2025). This correlation indicates that AI-driven trading is closely tied to the performance of major cryptocurrencies, potentially offering new trading strategies and opportunities for investors.

The sentiment in the crypto market, as tracked by AI sentiment analysis tools, showed a 15% increase in positive sentiment following the announcement, reaching a sentiment score of 72 out of 100 at 16:30 UTC (Sentiment, 2025). This increase in positive sentiment could be attributed to the perceived increase in market opportunities and liquidity provided by the new futures listings. The AI-crypto crossover also presents potential trading opportunities, particularly in AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET). At 17:00 UTC, AGIX saw a 4% increase in price, reaching $0.80, while FET rose by 3% to $0.55 (CoinMarketCap, 2025). The trading volumes for these tokens increased by 10% and 8%, respectively, indicating heightened interest in AI-related assets following the announcement (CoinGecko, 2025).

In summary, the listing of 150 perpetual futures by Coinbase International Exchange has had a significant impact on the cryptocurrency market, with immediate price movements, increased trading volumes, and positive shifts in market sentiment. The introduction of these futures has also influenced AI-driven trading strategies and increased interest in AI-related tokens, highlighting the growing intersection between AI and cryptocurrency markets.

Coinbase International Exchange

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