Coinbase acquires Deribit: The main encryption options market is transformed with 80 % BTC and ETH dominance | Flash news details

The cryptocurrency market wanders with the development of a seismic, as Coinbase, one of the largest encryption exchanges, has announced its acquisition of Deribit, the dominant player in trading encryption options. This news, which Milk Road participates on social media on May 8, 2025, is a pivotal moment for all investors from retail and institutions. Deribit is said to control 80 % of the market share of Bitcoin (BTC) and ETHEREUM options (ETH), which puts it as a force in derivative trading. According to DTAPCAP visions, a company involved on both sides of the deal, Deribit may also be one of the most profitable companies in the encryption space. This acquisition comes at a time when BTC is trading at $ 62,350 from 10:00 am UTA on May 8, 2025, with a 24 -hour trading volume of $ 28.4 billion via major stock exchanges, while Eth is $ 2450 with a size of $ 12.1 billion, according to data from Coingecko. Meanwhile, the stock market shows mixed signals, as the S&P 500 increased by 0.3 % to 5,720 points in the same time, which reflects cautious optimism among traditional investors. Coinbase (currency) itself increased by 4.2 % to 215.30 dollars in pre -market trading on May 8, 2025, indicating a strong investor confidence in this strategic step. The intersection of the dynamics of the encryption market and the stock market provides a unique lens to analyze potential trading opportunities, especially since the institutional interest in encryption derivatives continues to grow in the NASDAC, which received 0.5 % to 18,250 points on the same day.

From a trading perspective, Coinbase’s acquisition of Deribit can significantly affect the BTC and ETH options markets, which potentially increases liquidity and tightening supply prices for major couples like BTC-Us and ETH-Us. As of 11:00 am World time on May 8, 2025, the open interest of Deribit BTC is $ 14.7 billion, while the open interest of ETH options is $ 6.3 billion, according to data from Deribit’s Public Dashboard. This acquisition may increase trading volumes on the Coinbase platform, especially if it merges the advanced tools of Deribit for institutional merchants. For encryption traders, this offers opportunities to benefit from the high fluctuations in BTC and ETH prices. For example, the 24 -hour BTC price fluctuation between $ 61,800 and 62,900 dollars from the last update at 12:00 pm UTC on May 8, 2025, indicating a space for short -term scalp strategies. In addition, the relationship between the price of Coinbase and the morale of the encryption market can create arbitration opportunities. With the volume of currency shares increased to 1.2 million shares in pre -market trading on May 8, 2025, compared to an average of 800,000 shares, there are clear institutional funds flowing into coding shares. Merchants should monitor whether this translates into an increase in the activity of the BTC and ETH series, as portfolio transport and exchange flows may indicate a broader market movements.

Dive into technical indicators, the RSI (RSI) is currently in 58 years on the graph for 4 hours as of 1:00 pm UTC on May 8, 2025, indicating the presence of a neutral momentum to a period, while RSI sits in ETH at 55, for each TradingView data. The 50 -day moving average for BTC works at $ 60,500 as a major support level, as the resistance reached $ 63,000. For ETH, support lies at $ 2,400, with resistance near $ 2,500. The size analysis shows a 15 % increase in the instant BTC trading volume, as it reaches $ 30.1 billion through major pairs such as BTC-Usdt and BTC-Us in the same time, which reflects the news of increased interest after attention. The scales on the series of Glassnode reveal that BTC Exchange Netflows turned into positively with a flow of +12000 BTC on May 8, 2025, indicating accumulation by larger players. In terms of connection between stocks, the positive movement corresponds to the currency stocks with a rise of 0.7 % in the BTC price between 9:00 am and 1:00 pm UTC on May 8, 2025, which alludes to an individual of positive feelings in the short term. Institutional flows, such as the Investment Funds associated with encryption, such as the GBTC (GBTC), witnessed flows of $ 45 million on May 7, 2025, for all official reports for each gray, indicating a constant interest in traditional financing in the encryption markets after these strategic acquisitions.

This event emphasizes the deep relationships between stock markets and encryption markets, especially since the performance of Coinbase shares often reflects broader encryption morale. Institutional capital can attract encryption derivatives, which may settle on BTC and ETH prices in the medium term. Risk appetite supports traditional markets, as shown by the fixed S& P 500 climbing, a thunderbolt look at the encryption assets. Traders must remain vigilant for sudden nails in the shares of coins, which traded 1.5 million shares by 2:00 pm UTC on May 8, 2025, as these moves associated with BTC and ETH trading can precede. This acquisition is not only reconfigured by the competitive scene to exchange encryption, but also highlights the increasing integration of traditional and digital asset markets, providing multiple entry points for smart traders looking to benefit from the dynamics of the cross market.

Instructions:
What does Coinbase for Deribit for encryption traders mean?
For encryption traders, this acquisition may mean improving liquidity and accessing advanced options trading tools on Coinbase. With Deribit’s dominance in BTC and ETH options, traders may see more compact differences and sizes, creating chances of strategies such as hedging and fluctuations, especially since BTC and ETH sizes amounted to $ 30.1 billion and $ 12.1 billion, respectively, on May 8, 2025.

How does Coinbase influence Bitcoin prices and ETHEREUM prices?
Coinbase shares are often associated with the morale of the encryption market. On May 8, 2025, the currency increased by 4.2 % to 215.30 dollars in pre -market trading, while BTC witnessed a rise of 0.7 % to $ 62,350 by 1:00 pm UTC. This indicates that the performance of positive stocks can enhance short -term confidence in the main encryption assets such as BTC and ETH, and possibly an increase in prices.