Coinbase to Launch 24/7 Altcoin Futures for SHIB, AVAX, ADA and More: Here’s When Brenda Mary | usagoldmines.com

TLDR:

• Coinbase sets December 5 and December 12 as the two launch dates for expanded altcoin futures access.
• New contracts include Shiba Inu, Avalanche, Dogecoin, and Cardano with support from Coinbase Derivatives.
• The market continues to slide as Bitcoin leads losses across major crypto assets this month.
• Traders now watch for a rebound after steep drawdowns that often precede short-term recovery phases.

Crypto traders will see a major shift next month as Coinbase moves to expand its altcoin derivatives lineup. The exchange confirmed new futures products in a detailed update shared by Coinbase Markets. 

The announcement arrives while the broader market remains under pressure, with Bitcoin driving losses across major assets. Many traders now watch for a rebound after deep drawdowns that often precede short-term recoveries.

Coinbase Altcoin Futures Set for December Launch

Coinbase Markets stated that 24/7 trading for all altcoin monthly futures begins on December 5. The update covers a long list of assets, including Shiba Inu, Avalanche, Cardano, Dogecoin, and Chainlink. 

Coinbase noted that a second rollout follows on December 12 with new US perpetual-style futures for the same group. These products come through Coinbase Derivatives and route through approved FCM partners listed on the firm’s derivatives page.

The new lineup features Bitcoin Cash, Hedera, Litecoin, Polkadot, Sui, and Stellar. Each contract aims to give traders broader access to altcoin exposure during volatile periods. 

Coinbase’s post shows the exchange positioning its derivatives business for constant activity. The expansion also arrives during a downturn that has pushed many traders toward hedging tools.

Market weakness has accelerated this month as Bitcoin extended losses and pulled major altcoins lower. Data from market trackers shows sharp declines across large-cap tokens during the past week. 

These drops have drawn renewed interest in futures markets as traders look for structured ways to manage risk. Coinbase’s move lands at a moment when liquidity remains thin but sentiment may shift quickly.

Market Pressure Builds as Traders Eye a Potential Rebound

Bitcoin’s recent slide has influenced every major sector of the crypto market. Many altcoins followed the same path, with heavy selling creating sharper intraday swings. 

Coinbase Markets flagged strong demand for altcoin derivatives earlier this quarter as volatility picked up. That demand now meets a broader product suite designed for continuous trading.

Such sharp market drawdowns often precede short-term recoveries. The latest selling wave has pushed valuations to levels not seen in months. 

Futures activity typically rises when traders prepare for compressed price action. Coinbase’s December schedule suggests the company expects that activity to continue.

Altcoin traders now track two key dates as the market tests new lows. The first marks the start of uninterrupted access to monthly futures. The second expands perpetual-style futures for a long list of tokens. 

Together, these launches form one of Coinbase’s broadest derivatives updates this year.

The post Coinbase to Launch 24/7 Altcoin Futures for SHIB, AVAX, ADA and More: Here’s When appeared first on Blockonomi.

This articles is written by : Nermeen Nabil Khear Abdelmalak

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