Coinbase Expands Offerings with CAKE, BRETT, and a16z Perpetual Contracts

Coin WorldTuesday, Mar 4, 2025 11:13 am ET

1min read

Coinbase International Site to List CAKE, BRETT, and a16z Perpetual Contracts

Coinbase, a leading cryptocurrency exchange, has announced its plans to list CAKE, BRETT, and a16z Perpetual Contracts on its international site. This move is expected to expand the platform's offerings and attract more users to its ecosystem.

The listing of these new contracts comes at a time when the cryptocurrency market is experiencing significant volatility. The market has lost over $300 billion in value, with Bitcoin and other major cryptocurrencies experiencing price fluctuations. Despite this, coinbase remains committed to expanding its services and providing users with more investment options.

Arthur Hayes, the former CEO of BitMEX, has recently shared his views on the Bitcoin market. He believes that Bitcoin could drop to $70,000 in the worst-case scenario, but he remains optimistic about the bull market cycle. Hayes' comments come as the cryptocurrency market continues to face uncertainty and regulatory challenges.

Meanwhile, Coinbase CEO Brian Armstrong has been engaging with the community on Twitter. He has responded to consecutive "callouts" from users, prioritizing community engagement. Armstrong's approach to communication has been praised by some, while others have criticized his responses as being too vague or evasive.

The listing of CAKE, BRETT, and a16z Perpetual Contracts on Coinbase's international site is a significant development for the platform. As the cryptocurrency market continues to evolve, Coinbase is positioning itself as a leader in the industry by expanding its offerings and providing users with more investment opportunities.

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