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Coinbase enabled trading services for XRP in the state of New York, coinciding with a brief price spike to $0.53 before correcting to around $0.51.
The company will also expand its offerings by introducing perpetual futures contracts for Shiba Inu , Bonk Inu , and Floki Inu .can log in to buy, sell, convert, send, receive, or store the asset via the Coinbase iOS and Android applications.The announcement perhaps led to a brief spike in XRP’s price, which surpassed the $0.53 mark. However, the trend reversed in the following hours, and the asset retraced alongside the rest of the market on the ETH ETF news.
Perpetual futures contracts are a type of derivative product in the cryptocurrency market that allows traders to speculate on the future price movements of certain digital assets without owning them. Those products have certain specifics: they do not have an expiration date, offer high leverage, and require users to maintain a certain margin level to keep their positions open.What is Notcoin ? The Viral Token Coming to The Open NetworkSign-up FREE to receive our extended weekly market update and coin analysis report
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