Coinbase acquires Deribit for $ 2.9 billion: expanding the main encryption options market | Flash news details

The cryptocurrency market ignores the recent news of Coinbase, one of the leading coding exchanges, which was reported to get Deribit, a prominent trading platform in encryption options, in an amazing deal worth $ 2.9 billion. This bomb was first shared on social media by Industry Insider Gordon on May 8, 2025, which sparked extensive discussions between merchants and investors. While the official confirmation of Coinbase or Deribit is still suspended from the time of writing this report, the effects of such a deal are huge for both the encryption derivative market and the ecosystem of the wider digital assets. If verified, this acquisition will represent an important step for Coinbase in expanding its offers beyond the immediate trading in the area of ​​high -growth derivatives, a sector that has witnessed explosive demand in recent years. Deribit, known for its dominance in the trading of Bitcoin and ethereum options, which was addressed more than $ 20 billion in the virtual trading volume in April 2025 alone, according to the data that their owners share in the industry. This step can put Coinbase as a power in institutional coding trading, which directly affects market dynamics of major encrypted currencies such as Bitcoin (BTC) and ETHEREUM (ETH) as of May 8, 2025, at 14:00 UTC, when BTC trading at $ 62,350 and ETH at $ 2,980 on Coinbase.

From the trading perspective, this possible acquisition opens a set of opportunities and risks to encryption investors. The news has already sparked a rise in the volume of trading on Coinbase, as the size of the BTC/USD pair increased by 18 % to 12500 BTC within 24 hours of advertising on May 8, 2025, 15:00 UAE. Likewise, the Deribit platform witnessed a 22 % increase in the volume of BTC options trading, as a virtual value of $ 3.2 billion by 16:00 UTC on the same day, which reflects the increasing interest of the market. For merchants, this can indicate a short -term bullous momentum of BTC and ETH, where the institutional adoption of derivatives is often associated with prices. However, the risks remain, as organizational scrutiny on encryption derivatives can increase this prominent deal. The effects of the market for this-Coinbase shares listed on the NASDAC Stock Exchange by 5.3 % to 215.40 dollars at the end of trading on May 8, 2025, at 20:00 UAE, indicates positive investor morale. This stock movement may lead to retail flows to encryption, as confidence in Coinbase’s growth turns to Bitcoin and Ethereum markets, creating potential entry points for swinging traders about major resistance levels such as $ 63,000 for BTC as of May 9, 2025, at 09:00 UTC.

Dive into technical indicators, Bitcoin price procedure on May 8, 2025 showed a 50 -day moving average of 61,800 dollars at 17:00 UTC, accompanied by a relative power index (RSI) of 62, indicating a room for more upward trend before weather conditions. ETHEREUM reflected this trend, as its price crosses the resistance level of $ 2950 at 18:00 UTC on the same day, supported by 15 % in the volume of transactions in the series to 1.2 million transactions, as stated by Blockchain analysis platforms. Trading volumes for BTC/USD and ETH/USD pairs increased dramatically, with 24 -hour sizes of 780 million dollars and 320 million dollars, respectively, by May 9, 2025, at 10:00 UAE. Market ties also highlight a strong link between Coinbase’s performance and encryption asset prices – Coin’s profit by 5.3 % on May 8 directly by 2.1 % in BTC to $ 63,650 by May 9, 2025, at 11:00 UAE. This indicates that the flow of institutional funds to shares related to encryption can serve as a leading indicator of bitcoin and ethereum gatherings, providing merchants an opportunity to take advantage of the related movements.

Looking at Nexus in stocks, the increase in currency shares reflects the growing institutional confidence in Coinbase’s strategic moves, which can translate into sustainable capital flows into the encryption market. Historically, positive movements in the shares associated with encryption have shown such as metal currency and Microstrategy (MSTR) 0.7 correlation coefficient with bitcoin price over the past 12 months, according to market data until May 2025. With a set of prices that can be absorbed in workers. This acquisition can also affect other encoding investment funds, such as Bitcoin Trust (GBTC), which witnessed a 3 % increase in trading volume to $ 450 million on May 8, 2025, at 19:00 UAE. For merchants, monitoring institutional flows between stocks and encryption will be on the chain standards such as Stablecoin (which rose by $ 1.2 billion on May 9, 2025, at 12:00 UTC) is very important to determine the highly probable settings in this landscape in the advanced market.

In short, the potential Coinbase-Bedibit deal is a changing toys change for coding, filling traditional assets and digital assets. Merchants should monitor the confirmation of this acquisition while taking advantage of technical levels and volume data to move in short -term fluctuations in BTC and ETH markets. The interaction between the morale of the stock market and the encryption prices emphasizes the importance of the market trading strategy in 2025.