Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B
Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark one of the largest acquisitions in cryptocurrency history, significantly expanding Coinbase’s derivatives offerings. Deribit dominates bitcoin options […]
CFTC Frees Crypto Derivatives From Extra Scrutiny
Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators. Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing […]
Coinbase Eyes $4B Deal for Derivatives Leader Deribit Amid Industry Expansion
Coinbase Global Inc. is in advanced discussions to acquire Deribit, the world’s largest bitcoin and ethereum options trading platform, as the U.S. crypto exchange seeks to expand its derivatives offerings, according to a Bloomberg report citing people familiar with the matter. Coinbase in Advanced Talks to Acquire Crypto Derivatives Giant Deribit: Bloomberg Report According to […]
Hyperliquid Trader’s 40x BTC Short Nears $3.7M Floating Loss as Bitcoin Tests Key Levels
On Monday, following Sunday’s action, the notorious Hyperliquid trader returned with a 40x short bitcoin play carrying a notional value of $524 million at about 2:45 p.m. Eastern Time on March 17. High-Stakes Bet: Hyperliquid’s 40x Short Continues to Play out Bitcoin ( BTC) is balancing just above the $84,000 mark once again, and the […]
40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC
This weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader’s bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world. Trader ‘Tether FUD’ Makes Waves With Bold Bitcoin Short Play At 1 […]
Crypto.com Expands UAE Footprint With License to Offer Derivatives
Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA), […]
Coinbase to launch 24/7 Bitcoin and Ethereum futures in the US
Coinbase will launch the 24/7 Bitcoin and Ethereum futures products on its CFTC-regulated futures exchange Coinbase Derivatives. The exchange also plans for a perpetual-style futures contract. Coinbase is looking to tap into the growing demand for crypto trading with a round-the-clock futures offering for Bitcoin (BTC) and Ethereum (ETH). The exchange, the largest regulated US-based […]
Bitgo and Copper Introduce Off-Exchange Settlement Model With Deribit Integration
Crypto firms Bitgo Trust Company, Inc. and Copper have launched a trading model allowing clients to execute spot and derivatives trades on Deribit while assets remain in off-exchange custody, the two companies announced Feb. 20. New Trading Solution Combines Bitgo Custody, Copper Settlement for Deribit Trades The solution enables investors to trade on Deribit, a […]
Bitgo and Copper Introduce Off-Exchange Settlement Model With Deribit Integration
Crypto firms Bitgo Trust Company, Inc. and Copper have launched a trading model allowing clients to execute spot and derivatives trades on Deribit while assets remain in off-exchange custody, the two companies announced Feb. 20. New Trading Solution Combines Bitgo Custody, Copper Settlement for Deribit Trades The solution enables investors to trade on Deribit, a […]
Bitcoin to $100K: What will milestone mean for derivatives markets?
Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets? This post was originally published on this site