Coinbase Acquires Deribit
Coinbase’s $2.9B acquisition of Deribit shakes the crypto options market. Bitcoin trades at $99,500, $ETH
Ethereum at $4,750, and Solana at $149. The deal, including $700M cash and 11M Coinbase shares, expands Coinbase’s reach in Asia and Europe, where leverage trading thrives.$BTC
Bitcoin’s 33% recovery from April lows shows resilience despite tariff fears. Ethereum’s bullish chart patterns signal a potential rally, though rising supply concerns linger. $SOL
Solana’s DeFi TVL growth and ETF filings boost sentiment. Balance Square is the place to discuss how this acquisition impacts trading strategies.Are you exploring options trading with BTC or ETH? Join the conversation!