Crypto Futures

Coinbase Canada’s new CEO Eric Richmond says the exchange wants to bring more advanced crypto products to Canadian users, including derivatives, decentralized finance services and tokenized assets. He argues that Canada needs a permanent, harmonized digital asset framework rather than relying on temporary exemptions and fragmented guidance.

Bitcoin’s slide below $60,000 helped trigger nearly $1 billion in crypto futures liquidations over 24 hours, sparking a violent two-way move. Solana also remained under pressure after a steep selloff, even as volatility eased and prices attempted a modest rebound.