Today’s Crypto News:

1. Coinbase Expands Futures Trading to Retail Investors

Coinbase, a leading U.S. crypto exchange, has received regulatory approval to offer futures trading to retail investors in the U.S. This move opens up access to crypto derivatives, allowing users to trade Bitcoin and Ethereum futures with leverage, providing more trading options.

2. Ethereum Developers Delay Shanghai Upgrade

Ethereum’s long-awaited Shanghai upgrade, initially set for Q4 2024, has been postponed to early 2025. This update is crucial as it will enable users to withdraw staked ETH, bringing more liquidity to the market. Developers cited the need for more testing before the launch.

3. Bitcoin Rallies Above $30K Amidst ETF Speculation

Bitcoin surged past $30,000, driven by renewed speculation that the SEC might approve Bitcoin ETFs soon. Investors are hopeful that the approval could trigger more institutional involvement, driving up prices further. Bitcoin’s rise follows a period of market consolidation.