Coinbase has officially launched its 24/7 Bitcoin and Ethereum futures trading service, designed to enhance trading flexibility for its users. This development follows the company’s announcement to acquire the options exchange Deribit for $2.9 billion, which is expected to solidify Coinbase's position in the crypto derivatives market. The new trading service enables U.S. traders to engage in crypto futures trading at any hour, empowering them to respond to price movements and market trends in real time, even during weekends. This expansion is viewed as a significant evolution in market structure, aimed at providing robust risk management opportunities. Coinbase’s CEO highlighted the critical nature of extending trading hours to better serve traders' needs in a dynamic market environment. This move coincides with a broader positive sentiment in the cryptocurrency market, marked by a consistent rise in Coinbase's stock value, which reflects a growing interest in crypto derivatives.

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