Global #DeriBit

As the holiday season approaches, the cryptocurrency market is preparing for a significant derivatives event. Approximately $3.16 billion in Bitcoin (BTC) and Ethereum (ETH) options are scheduled to expire on Deribit this Friday at 08:00 UTC.

Deribit, the dominant crypto derivatives exchange, is launching a new dynamic fee structure on November 1 that automatically adjusts user fees based on their monthly trading volume.

Deribit, a leading crypto derivatives exchange, will launch Bitcoin (BTC) and Ethereum (ETH) linear options and fixed futures contracts that are settled in USDC on August 19.

In a major development for the cryptocurrency industry, Coinbase has acquired Deribit, a leading platform for crypto derivatives trading, for approximately $2.9 billion.

Cryptocurrency derivatives exchange Deribit has engaged financial technology advisors, FT Partners, to explore potential strategic options, including a possible sale of the company.

According to Kaiko’s latest report, significant bullish activity is emerging in the Bitcoin derivatives market, particularly on Deribit’s new election contracts.