#deribit

BTC Holds $78K as Trump Pushes the CLARITY Act Amid Bank Pushback and IBIT Options OI Tops Deribit in Institutional Shift

Bitcoin’s options market is large, liquid, and (at the moment) unusually concentrated. Total open interest stands near $55.76 billion, with Deribit carrying $46.24 billion of that stack, far ahead of CME at $4.50 billion, OKX at $3.17 billion, Bybit at $1.29 billion, and Binance at $558.42 million, while spot trades in the $92,479.90 area. The curve tilts toward a single settlement date, Dec. 26,…

A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit. Now, the $80,000 put has taken the lead, boasting an open interest of just over $2 billion, while the $85,000 put ranks second with $1.97 billion in open interest. Meanwhile, the $140,000 call’s open interest has dropped…

Every few months, headlines warn of a looming multi-billion-dollar options expiry poised to shake Bitcoin price. This quarter’s figure, roughly $13 billion in notional contracts, sounds dramatic, yet it’s part of a well-worn pattern on Deribit, the exchange that clears nearly 90% of Bitcoin’s options open interest. The real story isn’t the size of the expiry, but the rhythm of how volatility is…

Open interest in XRP options listed on Deribit is rapidly approaching a new high, fueled by the token’s heightened implied volatility attracting yield-seeking traders. The notional open interest (OI) has surged to almost $98 million from $71 million since the June 27 quarterly expiry, marking a significant 38% increase in just two weeks. This brings it close to the June 24 peak of $102.3 million,…

Fueled by a potentially more favorable regulatory environment, Coinbase (COIN) is reportedly in advanced talks to acquire Deribit, a leading global cryptocurrency derivatives exchange, according to Bloomberg. The report indicates that both companies have informed Dubai regulators about the ongoing discussions. Previous reports, including rumors of Kraken’s interest, suggest a potential valuation…

Amidst a more favorable regulatory environment under the Trump administration, speculation rises about a potential acquisition, with leading U.S. cryptocurrency exchange Coinbase reportedly in advanced discussions to acquire Deribit, a prominent global derivatives exchange, according to Bloomberg. Sources indicate that Coinbase and Deribit have engaged with Dubai regulators, where Deribit holds…

Recent volatility in the cryptocurrency market has dethroned the previously favored $120,000 Bitcoin (BTC) options bet, with the $100,000 strike price now holding the top spot on Deribit, signaling a potential tempering of bullish expectations among traders. Currently, the $100,000 call option boasts the highest notional open interest on the exchange, valued at $1.55 billion. Notional open…