Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

Coinbase’s institutional service platform will integrate with CFTC-regulated futures broker Coinbase Financial Markets on March 7 to offer 24/7 trading of over 20 futures contracts, the company announced. It will also launch “perpetual” futures via Coinbase Derivatives—expanding its perpetual contracts lineup following crypto-native exchanges’ push into the derivatives market late last year. Derivatives typically make up 70% to 75% of total crypto trading volume. The move comes as Coinbase ramps up its OTC brokerage services, aiming to become a one-stop institutional provider covering custody, risk management, financing, lending, and trade execution. Last year, Coinbase began branding itself a “universal exchange,” announcing plans to expand into mature markets like stock trading and emerging areas such as tokenization and prediction markets. Last month, the exchange rolled out stock trading services nationwide. Competitors including FalconX, Bitgo, and DCG have spent years devel

On March 7, Onchain Lens data reveals a whale that had been dormant for a year suddenly became active, staking 8,208 ETH (valued at $16.85 million) with Kiln Finance. The whale accumulated this ETH over four years at a cost of $16.09 million, currently holding just a $768,000 profit.

March 7 (Bloomberg) — Air travel restrictions are pushing many buyers to delay new gold orders: they’re unwilling to absorb high freight and insurance costs, and can’t guarantee on-time delivery. Sources note traders are selling gold at discounts of up to $30 per ounce below the London spot price to avoid indefinite storage and financing costs. While some gold was loaded onto outbound flights midweek, plenty of cargo remains stranded as of Friday. Dubai and the broader UAE are key refining and transshipment hubs for gold exports to Asian buyers, plus a transit route for gold shipments from Switzerland, the UK, and several African nations. As the U.S.-Iran conflict enters its seventh day with no resolution in sight, partial UAE airspace closures are in effect. Gold is usually shipped in the cargo holds of commercial passenger jets. Given the risks and complexities of overland border crossings, traders and logistics firms are hesitant to truck high-value gold to airports in Saud

On March 7, Onchain Lens data reveals that a crypto whale address sold XAUT and purchased WBTC 4 days prior, and has now repurchased 1,733 XAUT at an average price of $5,140—spending a total of $8.9 million in USDC.

March 7 — Two top U.S. financial regulatory agencies, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), are discussing relocating to the same Washington, D.C., building complex near the U.S. Capitol, sources familiar with the matter said. The SEC and CFTC oversee distinct markets. The plan does not call for merging the agencies, but rather moving the CFTC into the same complex where the SEC is currently based—near Union Station, the sources noted. The relocation has been under discussion since last year and could take effect as early as 2027, they added. The U.S. General Services Administration (GSA), which manages federal real estate, is also involved in the talks.

On March 7th, Onchain Lens monitoring reveals that whale address "0x218A" deposited 2.18 million USDC into HyperLiquid and opened a 10x-leveraged short position on ETH. The whale has previously netted over $11.8 million in trading profits.