Coinbase Launches Offshore Crypto-Derivatives Exchange

Coinbase Global (COIN), the parent company of the largest crypto exchange in the United States, launched a new crypto-derivatives exchange in Bermuda, to trade products that aren’t allowed in the U.S. amid a lack of regulatory certainty. Key Takeaways Coinbase has opened a new, international exchange for trading crypto perpetual futures in Bermuda. Perpetual futures…

US Stocks Close Higher to Snap Three-Session Selloff

S&P 500 Top Movers on Tuesday August 06, 2024 05:48 PM EDT Advancers Shares of Kenvue (KVUE), parent company of Band-Aid, Tylenol, and other consumer health care products, posted the strongest performance in the S&P 500, soaring 14.2%. The former unit of Johnson & Johnson (JNJ) beat second-quarter sales estimates and affirmed its above-consensus guidance for the…

What It Means, How It Works

Bitcoin IRAs allow for investing in various cryptocurrencies using retirement savings. Bitcoin IRAs act as self-directed IRAs provided by a few financial institutions in the U.S. that allow alternative investments for retirement savings. Essentially, an you can retain other retirement accounts with traditional investments and separately engage in the self-directed option for cryptocurrency investments. Learn how Bitcoin IRAs work…