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Tag Archives: deribit

Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange 

The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH. The amount of open interest in Bitcoin perpetual futures on the Deribit derivatives exchange has hit a new high of $740 million. This impressive level was last seen in November 2021 when Bitcoin hit its $68,000 all-time high. As of this writing, open interest in Bitcoin perpetual futures has fallen to $717 million. A rise in open interest in Bitcoin perpetual...

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Deribit Introduces Linear Options for SOL, XRP, and MATIC

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

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Deribit Launches Zero-Fee Spot Trading

The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange. Deribit, the world’s largest crypto options exchange, is expanding its offerings by launching its zero-fee spot trading. Per the announcement, the company will launch a zero-fee spot exchange by April 24. With this development, Deribit now offers a full spectrum of trading opportunities to its clients. The move comes shortly after Binance ended its zero-fee spot trading...

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Coinbase Extends Its Commitment to Canada, Binance Plans to Exit

Amid the tightening of regulatory rules in Canada, crypto exchanges are contemplating whether to continue their operations or exit from the country. Similar to the United States, regulators in Canada have been tightening their grip on crypto firms operating in the region. Amid this intense regulatory environment, several exchanges have planned to move out of the country. However, crypto exchange Coinbase would prefer to continue its operation in Canada. A person familiar with the matter...

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Deribit Eyes Dubai Amidst Global Expansion Plans: Report

Crypto exchange Deribit is planning to move its main headquarters to Dubai as soon as the third quarter of this year. The Bloomberg report suggests that the new office will be staffed by a team of 10 people comprising both domestic hires alongside the exchange’s core employees. Roles in management, compliance, and support will be housed in the Dubai office. According to Deribit Chief Legal, Compliance, and Regulatory Officer David Dohmen, some employees will continue to be...

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Crypto Firm Deribit Hacked; Nearly $30 Million Gone

It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...

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$1 Billion Bitcoin Options Expire On Friday: Upcoming Showtime For BTC Price?

The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency.BTC Option Contracts To The MoonAs CryptoPotato reported shortly after the mid-March panic sell-offs, Bitcoin options trading volume was declining, especially on regulated exchanges. However, the tide has turned since then, according to the cryptocurrency...

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Bitcoin Options Receive Massive $198 Million Worth of Traders’ Attention

Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.Bitcoin options are receiving a major call from the investors. They started selling and buying derivatives as the market went down. Let’s see what has happened here in detail.The CME Group, Deribit, Bakkt, LedgerX, and OKEx are experiencing the money...

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Bitcoin Options Trading Volume Records New All-Time High Amid The BTC Price Plunge

The recent volatility in the global markets and the cryptocurrency markets has raised most trading volumes. Bitcoin options, for instance, reached a new all-time high yesterday. The futures market also saw a massive jump in the volume, as Binance Futures breaks its all-time high record.Bitcoin Options Volume SoarsThe past several days have been quite harmful to the cryptocurrency market in terms of price action. For example, the leading digital asset by market capitalization, Bitcoin, lost...

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