RBI Burned $8 Billion in One Week — Is Your Rupee Safe?
The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.
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اردو
Abstract:Webull partners with Coinbase Derivatives to offer crypto futures, providing US investors access to Bitcoin and Ethereum contracts with lower entry barriers.

Webull, a major digital investing platform, has partnered with Coinbase Derivatives to provide bitcoin futures trading to US retail investors. This strategic alliance intends to increase access to Bitcoin and Ethereum futures contracts, meeting the rising need for diverse and user-friendly investment solutions.
Webull's platform will soon provide futures contracts for Bitcoin (BTI), Nano Bitcoin (BIT), Ethereum (ETI), and Nano Ether (ET). These smaller-sized contracts let ordinary investors manage portfolios with reduced capital requirements, opening up new prospects for people wanting exposure to the cryptocurrency industry. Coinbase Derivatives expands the product by providing 24-hour trading, real-time market data, and retail-specific contracts.

Webull US CEO, Anthony Denier, stressed the importance of the partnership: “Integrating Coinbase Derivatives' regulated and dependable framework into the Webull platform will provide new chances for Webull consumers to obtain exposure to digital assets. We take pleasure in providing superior financial products and services to a larger group of individual investors.”
The move matches Webull's objective to make investing more accessible by lowering the entry barriers for trading crypto futures. To use the service, users must first establish and fund a futures account. It is planned to be available in the United States in the coming months.
As retail investors increasingly resort to digital assets, Webull's relationship with Coinbase provides an important layer of protection and flexibility. Coinbase is constantly expanding its ecosystem in addition to selling cryptocurrency futures. Recent highlights include the inclusion of the Pepe meme token in its listings, as well as the provision of quick crypto deposits via Visa debit cards in the United States and the European Union, demonstrating the company's dedication to innovation and accessibility.
About Webull
Webull is a contemporary trading platform that aims to empower investors with an easy-to-use interface, comprehensive research capabilities, and a varied product offering. The platform now includes stock, options, ETF, and cryptocurrency futures trading, making it an ideal choice for retail traders looking for complete investing solutions.
Final Thoughts
Webull's debut in the cryptocurrency futures market is an important step toward bridging the gap between regular investors and complicated financial products. Webull's partnership with Coinbase Derivatives assures that its customers have access to tools that are regulated, dependable, and easy to use. As the cryptocurrency market matures, our collaboration paves the way for more accessible and diverse investment choices.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.

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No, we are not kidding! The rupee has indeed hit this low, from 90 to 95 against the US dollar, the fastest in nearly a decade, highlighting the slump due to rising crude oil prices and global uncertainty from the series of adverse events related to the geopolitical conflict in the Middle East. It just took five months for the rupee to weaken from 90 to 95, the sharpest five-point depreciation since the 2013 taper tantrum. During this period, the rupee declined from 60 to 65 within a month amid concerns over India’s current account deficit and large capital outflows.