Deribit


Markets

XRP's Indecisive May vs. Bullish Bets – A Divergence Worth Watching

XRP is used by Ripple Labs to power its cross-border payments platform.

XRP's indecisive May vs bullish bets. (EdenMoon/Pixabay)

Markets

Bitcoin Enters Strongest Accumulation Phase Since January as BTC Price Passes $110K

Glassnode data shows all wallet cohorts are now accumulating, with options markets pricing in potential upside beyond $200K in June.

bull sitting, lying (Walter Frehner/Unsplash+)

Markets

Bitcoin Options Open Interest Hit Record $42.5B on Deribit as Traders Eye Next Bull Target for BTC

Highest OI now sits at the $110K, $120K, and $300K June 27 strikes — showing bullish conviction

Traders looking at a chart. (CoinDesk archives)

Markets

Coinbase's $2.9B Deribit Deal a 'Legitimate Threat' for Peers, Wall Street Analysts Say

The acquisition makes Coinbase the largest crypto derivatives platform and a credible rival to Binance.

Coinbase CEO Brian Armstrong sits for a portrait in their San Francisco headquarters. (Christie Hemm Klok/Getty Images)

Finance

In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market

The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.

Coinbase CEO, Brian Armstrong, at Consensus 2019 (CoinDesk)

Markets

Bitcoin in Standstill at $85K as Trump Increases Pressure on Fed's Powell

A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war.

Bitcoin (BTC) price on April 17 (CoinDesk)

Markets

Sentiment Shift in Bitcoin as $80K Put Emerges as Most Popular Bet

BTC put bias is strongest since the U.S. regional banking crisis of early 2023, according to one observer.

Deribit BTC options: Distribution of open interest. (Amberdata/Deribit)

Markets

Bitcoin Put Option Trade With $1M Premium Highlights Concern Over Declining BTC Price

Puts trade pricier than calls out to the May-end expiry reflecting concerns of a price drop.

The Q1 ended with a notable bearish BTC block options bet. (jarmoluk/Pixabay)

Markets

Bitcoin's $12B Quarterly Options Expiry Unlikely to Cause Major Market Reaction, Deribit Says

Key indicators such as BTC's implied volatility index and funding rates point to subdued volatility expectations.

Deribit: BTC's quarterly options expiry. (Deribit Metrics)

Finance

Coinbase Could Be Near Multi-Billion Dollar Deal for Deribit: Bloomberg

Consummation of an acquisition would greatly advance Coinbase's push into the crypto derivatives market.

Coinbase app on a mobile phone screen.