Crypto Update: Coinbase Opens BTC and ETH Futures to US Retail Investors: $ROE Nears Stage 3 of its Presale
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Coinbase (arguably the best cryptocurrency exchange in the US) recently announced that retail investors can trade Bitcoin (BTC) and Ethereum (ETH) futures through its advanced platform. While retail investors are concentrating on the heavyweights, savvy investors are already pitching their tent with BorroeFinance ($ROE). Keep reading to see what experts think about the new Futures option and BorroeFinance ($ROE).
BTC & ETH Futures Contract Now Available on Coinbase
On November 1, Coinbase revealed that US retail traders can now access regulated crypto futures contracts through the Coinbase Financial Markets (CFM). Retail traders can now enter into futures contracts specifically sized at 1/100th of one Bitcoin (BTC) token and 1/10th of an Ethereum (ETH) token.
Additionally, nano-sized futures contracts require lower upfront capital requirements and are an affordable crypto investment for most US retail traders. However, Coinbase has warned that trading Bitcoin (BTC) and Ethereum (ETH) futures comes with heavy risks, and participants are advised to apply caution.
Bitcoin Whales Come Alive in November
On November 3, WhaleAlert announced that a Bitcoin whale transferred 10,000 tokens from an unknown wallet to Binance. According to WhaleAlert, these coins are worth approximately $345,041,344 million, and analysts say the whale likely plans to sell.
Currently, Bitcoin (BTC) ranges between $34,000 and $35,000. On October 29, Bitcoin (BTC) sold for $34,180. A week later, Bitcoin (BTC) traded for $34,828, gaining 1.85%. Analysts are confident that BTC will fall below $30,000 in November if the anonymous whale decides to sell his assets.
Ethereum Records Large Outflows in Q4 2024
According to recent data from IntoTheBlock, $210 million worth of Ethereum (ETH) tokens left centralized exchanges to unknown wallets between October 27 and November 3. Logically, experts have concluded that Ethereum (ETH) investors are stacking up top altcoins for long-term investment.
However, Ethereum (ETH) has only gained 3.43% in the last week. For context, ETH traded for $1,782 on October 29, and the token traded at $1,868 on November 4. Analysts say Ethereum (ETH) will likely enter a bull run and trade at $2,000 before November, provided investors continue to hold their tokens.
BorroeFinance: The Second Presale Stage is 85% Complete
BorroeFinance ($ROE) is the world’s first AI-powered fundraising platform that allows web3 businesses and other participants to raise instant cash by selling future digital earnings to supportive communities. Savvy investors are backing BorroeFinance to succeed; the $1.45 million raised so far is proof.
Right now, BorroeFinance ($ROE) has completed 85.17% of its second presale stage. However, the token is still selling for $0.015, and now is the best time to buy.
When all presale stages end, $ROE will sell for $0.040 in the mainstream crypto market and deliver a 167% ROI to early investors. According to analysts, BorroeFinance ($ROE) will likely trade for $0.150 by June 2024 if the token records speedy market adoption.
Learn more about BorroeFinance ($ROE) here: