Coinbase Debuts Crypto Futures Across 26 European Nations

GM. Coinbase launched regulated crypto futures in 26 European nations today, offering Advanced users up to 10x leverage on assets like Bitcoin and Solana via a MiFID-licensed entity.

Meanwhile, Strategy purchased 17,994 Bitcoin for $1.28 billion, Bhutan transferred $12 million in BTC to external wallets, and the Zcash Open Development Lab raised $25 million.

Here are the details on European derivatives, sovereign sales, and privacy funding. 👇

Coinbase Debuts Crypto Futures Across 26 European Nations

Coinbase executives debuted a regulated crypto futures trading suite for Advanced users located throughout 26 different European countries this morning. This landmark expansion allows eligible retail traders to access advanced perpetual and dated digital asset derivatives.

The strategic rollout commenced on 9 March 2026 within major markets including Germany, France, and the Netherlands via a MiFID-licensed entity. These products arrived as the exchange aggressively pursues a broader global "exchange for everything" business model.

Leadership initiated this specific European venture because they seek to capture professional trading volume while adhering to strict regional compliance standards. By offering these instruments, Coinbase provides a regulated alternative to offshore unregulated derivatives platforms.

Traders achieved access by completing mandatory eligibility checks and funding their accounts with either euros or the USDC stablecoin. Consequently, users can now utilize 10x leverage on Bitcoin and Ether contracts through the firm's integrated trading interface.

Strategy Spends Over $1.28 Billion On Bitcoin Purchase

The Virginia-based firm Strategy purchased roughly 17,944 BTC for $1.28 Billion this past week. This massive acquisition represents the company's largest single purchase in over a month and was funded through the issuance of common and preferred shares. Executive Chairman Michael Saylor announced the start of a second century for the firm following its 100th career purchase.

The company raised $377 Million by selling its STRC dividend-paying product, which currently offers an annualized yield of 11.5%. Strategy now holds 738,750 tokens valued at approximately $50.5 Billion despite carrying an unrealized paper loss of $5.5 Billion. While the stock has declined 58% over six months, management continues to leverage digital credit to accumulate more assets.

Bhutan Moves $12 Million In Bitcoin Outflows

The Royal Government of Bhutan transferred 175 BTC worth approximately $11.85 Million to external wallets this Monday. This recent activity brings the nation's total year-to-date outflows to $42.5 Million as the sovereign wealth fund periodically rebalances its holdings. Bhutan currently maintains a serious reserve of 5,400 BTC, which is valued at roughly $374 Million at current market prices.

The country originally built its digital stockpile by utilizing abundant hydroelectric power to run sustainable mining operations across the region. These latest transfers are notably smaller than the $60 Million liquidation that occurred during a four-day window last July. Despite recent sales, the treasury's holdings represent a substantial portion of the gross domestic product for the mountain kingdom.

Zcash Development Group Raises $25 Million

The Zcash Open Development Lab secured $25 Million in seed funding to expand its privacy-focused cryptocurrency ecosystem this week. Prominent investors including Paradigm and a16z crypto backed the round to support the creation of independent self-custodial tools. The new lab emerged after the former core engineering team resigned from the Electric Coin Company following a hefty governance dispute.

The funding will primarily accelerate the development of Zodl, a mobile wallet that facilitates shielded transactions to hide sensitive user data. Since its launch, the wallet has increased activity in the shielded pool by over 400% while processing $600 Million in swaps. Zcash prices responded positively to the news, climbing over 8% as the team began hiring more engineers.

Data of the Day

The Bitcoin network officially crossed a historic milestone this Monday as the total mined supply surpassed 20 Million coins. This event occurred at block height 939,999 and was successfully validated by the Foundry USA mining pool during early morning trading. Only 1 Million BTC now remain to be issued as block subsidies before the protocol reaches its hard cap of 21 Million.

The final batch of tokens will take over a century to mine due to the programmed halving mechanism that occurs every four years. Analysts estimate the last fraction of a coin will enter circulation around the year 2140, leaving miners dependent on transaction fees. This milestone highlights the extreme scarcity of the asset compared to traditional monetary systems that lack fixed supply limits.

Bitcoin Network Surpasses 20 Million Token Milestone

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Written by 

Datawallet Team

Research

Datawallet is an independent crypto research platform covering digital assets, blockchain data and on-chain analytics since 2019. Our research is cited by Binance, CoinMarketCap, Messari and leading academic publications.