2025-03-11 Market Watch: Crypto market faces sell-off, regulatory shifts, and new products

Here is what happened yesterday in the crypto market:

Bitcoin Drops Below $80K Amid Market Sell-Off

Bitcoin experienced a significant dip, falling below $80,000 as a broader crypto market sell-off intensified, influenced by risk aversion in equity markets. This downturn reflects a “sell the news” dynamic following recent events. Read more

Coinbase to Offer 24/7 Bitcoin and Ethereum Futures Trading in the U.S.

Coinbase Derivatives plans to launch 24/7 futures trading for Bitcoin and Ethereum in the U.S. This move aims to provide continuous trading opportunities for its users. Read more

Spanish Bank BBVA Receives Approval to Offer BTC and ETH Trading

Banco Bilbao Vizcaya Argentaria (BBVA) has been approved by Spanish regulators to offer Bitcoin and Ether trading to its clients, signifying increasing institutional adoption in Europe. Read more

Singapore Exchange to Introduce Bitcoin Perpetual Futures in 2025

Singapore Exchange (SGX) plans to launch Bitcoin perpetual futures in the second half of 2025, marking a major step for the traditional exchange into crypto derivatives. Read more

Thailand Approves USDT and USDC for Crypto Trading

Thailand’s SEC has expanded its list of approved cryptocurrencies to include USDT and USDC, enabling the listing of these stablecoins on regulated exchanges. Read more