The Bitcoin (available on Coinbase) futures made major headlines back last November, as it propelled BTC’s price higher just before their launch. The market had a sharp correction a few weeks later after the market hit record highs. Bitcoin (available on Coinbase) breaking into Wall Street meant a wider adoption, aimed specifically at the cautious traditional investors.
Source: CoinMarketCap
Even though the market has been on a downward trend since the beginning of January due to various events and reasons, there could be a new futures market to take the crypto world by storm. Surprisingly enough, Ripple (available on Binance) futures contracts have been active for nearly 18 months already. Crypto Facilities, a startup based in London, launched its first XRP derivatives in early October of 2016.