Will $BTC Replace Gold? JPMorgan Thinks So

bitcoinist.com Bitcoin is on a roll. JP Morgan analysts boldly announced it could soon replace gold as the go-to hedge. Key drivers behind $BTC’s momentum include changing legislation and…

JP Morgan Sees Bitcoin Outpacing Gold as Crypto Derivatives Market Expands

decrypt.co Bitcoin has more potential upside than gold, continuing a trend seen in recent months as the largest digital asset by market value has rallied, JP Morgan analysts wrote in a…

Coinbase Is Being Extorted. What Does That Mean for Its Stock?

unchainedcrypto.com Nothing in crypto’s 15-year history has been easy. So it makes sense that in the very week its first company, Coinbase, gets added to the S&P 500, that same firm discloses a…

Hyperliquid up 170% from April lows: Will Bitcoin perps dominance push HYPE to $40?

ambcrypto.com Hyperiquid flipped Deribit in the Bitcoin perps market and could go for OKX as the next target. HYPE was forming a bullish pattern that could rally it to $45 if validated.…

SOTM May 8

coinmetrics.io Welcome to our 220th issue of State of the Market, where we provide an overview of crypto market activity from May 8 – May 14, 2025. This week in crypto markets: Crypto…

Coinbase Rejects $20M Ransom, Pledges Same Bounty After Insider Leak Hits 1% of Users

cryptonews.com $20 million ransom demand flipped into a matching bounty when Coinbase disclosed this week that bribed overseas support staff leaked partial data on less than 1% of its…

Coinbase’s $2.9 Billion Deribit Purchase Sparks Interest In Future Acquisitions, Says CEO

bitcoinist.com Coinbase, the largest US-based crypto exchange, is set to join the S&P 500 index on May 19, replacing Discover Financial Services amid its merger with Capital One. Brian…

Coinbase Chief Signals More Deals After $2.9B Deribit Move

cryptonews.com Coinbase chief executive Brian Armstrong has signaled that the company will continue to explore mergers and acquisitions after its recent $2.9b deal to acquire the crypto…

Coinbase is still open to more acquisitions after $2.9B Deribit deal, says CEO Brian Armstrong

cryptobriefing.com Coinbase is ready to spend more on acquisitions after reaching a $2.9 billion deal to acquire Deribit, said CEO Brian Armstrong on Bloomberg Television today. Deribit is the…

Synthetix plans Derive re-acquisition, giving SNX a price boost

coinjournal.net Synthetix’s SNX token today jumped 11% amid $27M Derive re-acquisition news. Synthetix plans to merge Derive’s options stack into Synthetix’s mainnet perps. The proposal…

Synthetix makes $27M bid to re-acquire crypto options platform Derive

cointelegraph.com Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive. Synthetix said…

Synthetix Proposes $27M Token Swap to Acquire Derive’s Options Platform

cryptonews.com Synthetix, a leading DeFi derivatives protocol, has proposed a $27 million acquisition of crypto options platform Derive through a token swap deal. Announced on May 14, the…

Robinhood to Acquire WonderFi for $178.9 Million in Major Canadian Expansion

beincrypto.com American financial services company Robinhood has announced that it is set to acquire WonderFi, a leading Canadian fintech and crypto platform, for $178.9 million (250…

Is Coinbase’s S&P 500 entry the start of a larger shift in global markets?

ambcrypto.com Coinbase set to become the first crypto firm to join the S&P 500. In a landmark move for the crypto industry, Coinbase Global is set to become the first digital asset firm…

Coinbase Joins The Big League As S&P 500’s Only Crypto Company

bitcoinist.com A major US stock index is about to welcome its first crypto-focused exchange next week. Coinbase will officially join the S&P 500 ahead of trading on May 19. The move comes…

S&P 500 inclusion could drive $9B

coinjournal.net The inclusion, effective before trading begins on May 19, will see the crypto major replacing Discover Financial Services in the index. Analysts at Bernstein estimate the…

Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions

financemagnates.com A once-restricted corner of the UK’s financial markets opened up this week as GFO-X, the country’s FCA-regulated crypto derivatives venue, completed its inaugural trade in…

to Acquire Canadian Crypto Firm WonderFi (WNDR)

coindesk.com the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million. The all-cash acquisition values…

Coinbase beats Strategy to S&P 500 finish line after strong comeback quarter

dlnews.com Only one could take the crown. Coinbase has become the first crypto company to join the S&P 500, beating out long-time Bitcoin bull Strategy for the coveted spot. Shares of…

Coinbase Makes History as First Crypto Firm in S&P 500

99bitcoins.com Crypto just scored a major win in the traditional finance world. Coinbase, the largest U.S.-based crypto exchange, is officially joining the S&P 500 on May 19. This makes…

Coinbase Stock Soars Over 10% on Imminent S&P 500 Debut

cryptonews.com Coinbase shares jumped more than 10% in after-hours trading on Monday following confirmation that the exchange will join the S&P 500 Index next week. S&P Dow Jones Indices…

Breaking: Coinbase Set To Join S&P 500, COIN Stock Jumps

coingape.com Coinbase is again in the news following a recent announcement that the top crypto exchange will be joining the S&P 500. This development marks a huge milestone for the…

Solana Block Traders See SOL Extending Gains, Surpassing $200 by End-June

coindesk.com SOL, the native cryptocurrency of the Solana programmable blockchain has staged a sharp four-week rally, surging 85% since April 7 — more than double the pace of bitcoin…

Coinbase Acquires Deribit for $2.9 Billion With $700M Cash, 11M Shares; Deal Closes by Year-End

thedefiant.io Coinbase has announced the acquisition of Deribit, a major crypto derivatives exchange, for approximately $2.9 billion. The deal is comprised of $700 million in cash from…

Coinbase Acquires Deribit for $2.9B With $700M Cash, 11M Shares; Passes on 80% Bitcoin Strategy

thedefiant.io Coinbase Global Inc. announced the acquisition of Deribit, a leading Bitcoin options exchange that handles approximately 85% of all open interest in Bitcoin options, for…

Coinbase Rejected Bitcoin Investment Strategy Over Fears It Could Undermine Business

cryptonews.com Coinbase reportedly considered adopting a Bitcoin-heavy treasury strategy similar to that of Strategy’s Michael Saylor but ultimately decided against it, fearing it could…

Coinbase considered Saylor-like Bitcoin strategy before opting out: Bloomberg

cointelegraph.com Coinbase reportedly considered adopting a Bitcoin investment playbook like Michael Saylor’s Strategy on multiple occasions, but decided against it each time out of fear that…

ETH Resurrection on Bankless

bankless.com Crypto prices bounced this week as the market seemingly looked to price in easing trade war tensions, with no landmines perceived in the Federal Reserve’s interest rate…

Coinbase Makes Big Bet on Derivatives With $2.9B Deribit Deal

99bitcoins.com Coinbase is making a serious play in the crypto derivatives game. The U.S.-based exchange just announced it’s buying Deribit, one of the top crypto options platforms in the…

What happened in crypto today

ambcrypto.com After enduring weeks of turbulence, the crypto market appears to be staging a solid comeback. Bitcoin [BTC] has once again surged past the $100,000 threshold, climbing to…

Gemini Bags Malta MiFID License, Eyes EU-Wide Crypto Perps Rollout

cryptonews.com Key Takeaways: Gemini’s MiFID II license from the Malta Financial Services Authority allows the exchange to offer crypto derivatives across all EU and EEA countries./span>…

Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures

cryptonews.com Key Takeaways: Coinbase Derivatives LLC (CDE) now allows round-the-clock trading of Bitcoin and Ethereum futures contracts, becoming the first exchange under CFTC oversight.…

ETH soars after Pectra Upgrade, China Tariffs may Drop, PEPE leads MEMES

decrypt.co BTC hits $104k, first time $100k since Feb 7. ETH pumps 25%+ after Pectra upgrade. ETH turned deflationary again with Pectra. $800m shorts liquidated in 24 hours. BTC…

Weekly Recap: Even ETH Is Up

coindesk.com It was a pretty positive week for crypto as prices rose, big deals were signed, and stablecoins continued to penetrate deep into the financial system. Even ETH, a perennial…

The Defiant

thedefiant.io Coinbase, a leading cryptocurrency exchange, has announced the acquisition of Deribit, a prominent options trading platform, in what is described as the largest transaction…

Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit

dailyhodl.com The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit. In a statement, Coinbase says the…

Coinbase Stumbles: Q1 Revenue Drops 10%, Misses Wall Street Targets

bitcoinist.com Crypto exchange Coinbase posted its Q1 earnings report on May 8, with both revenue and profit dipping as crypto trading cooled off during the initial three months of the…

Draws Mixed Reviews From Wall Street Analysts After Earnings Miss, Deribit Buy

coindesk.com Wall Street analysts passed mixed judgement on Coinbase (COIN) after its first-quarter earnings miss and a $2.9 billion acquisition, with some downgrading near-term…

Is Ripple’s Hidden Road deal part of a SoftBank-like playbook?

cointelegraph.com Ripple has made a slew of acquisitions to control key transaction rails and route them through XRP and its stablecoin, Ripple USD (RLUSD), drawing comparisons to Japanese…

Crypto bulls are back as XRP expected to quintuple

dlnews.com A version of this article appeared in our The Roundup newsletter on May 9. Sign up here. Hi! Eric here. Crypto bulls are back. After a rocky start to the year, market…

Coinbase debuts first 24/7 Bitcoin and Ethereum futures in the US

cryptobriefing.com Coinbase Derivatives has officially activated 24/7 trading for Bitcoin and Ethereum futures, becoming the first CFTC-regulated derivatives exchange to offer around-the-clock…

BREAKING: Gemini Receives License To Offer Crypto Derivates Product in Europe

coingape.com Gemini Expands:- The leading Winklevoss Bros’ led crypto Exchange Gemini has announced its expansion in Europe. In the latest update, Mark Jennings, Head of Europe, has…

Gemini to launch crypto derivatives in Europe with new license

cointelegraph.com Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe. Gemini…

Why is Crypto Market Going Up and Price Predictions on Uniswap, Floki, Fartcoin

coingape.com The crypto market rallied today, May 9, continuing a trend that has been going on in the past few days. This surge happened as the crypto fear and greed index turned green…

Coinbase Acquired Deribit for $2.9 Billion. Here’s Why It Matters

unchainedcrypto.com On Thursday, Coinbase announced its acquisition of Deribit in a $2.9 billion deal, the largest merger in the crypto industry to date. In this episode, Owen Lau, executive…

Crypto Daybook Americas: PEPE Signals Altcoin Frenzy as Rampant Ether Outpaces Bitcoin

coindesk.com As the crypto rally gathers pace, ether has widened its lead over bitcoin in terms of volatility expectations, signaling relatively greater action not just in the…

Deribit-Listed BTC Options Market Reveals Surge in Institutional Confidence Behind Bitcoin

coindesk.com Bitcoin's (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit's BTC options market. "Panning out over…

Coinbase Q1 Report: See Why Revenue Missed Analysts’ Expectations Of $2.1 billion

coingape.com Coinbase Q1:- The leading crypto Exchange Cpinbase has released it Quarterly report for Q1 2025. With a total quarter revenue of $2.00 Billion, the exchange has seen an…

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’

cryptonews.com Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and…

Ether clocks ‘insane’ 20% candle post Pectra

cointelegraph.com Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a…

Coinbase Q1 Revenue Rises Despite Profit Decline

cryptonews.com Coinbase Global on Thursday reported a mixed set of results for the first quarter, with revenue climbing but profit sharply down, as the largest US crypto exchange faced…

Coinbase Will Be $1 Trillion Company, Says Bitwise CIO

news.bitcoin.com Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following…

Coinbase Acquires Deribit for $2.9 Billion, Dominating Bitcoin and Ether Options Market

thedefiant.io Coinbase Global Inc. has agreed to acquire Deribit, the world's largest trading platform for bitcoin and ether options, in a deal valued at $2.9 billion. The acquisition,…

BIG PUMP FOR BITCOIN & ALTCOINS

youtube.com Crypto News: Bitcoin makes a big move with altcoins like Ethereum following. SEC confirms Ripple XRP case settlement. Coinbase completes Deribit acquisition. Meta is looking…

Coinbase revenue falls 10% in Q1, missing industry estimate

cointelegraph.com Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market.…

Coinbase Q1 2025 Earnings Underperform Expectations

beincrypto.com Coinbase’s long-awaited Q1 2025 Earnings Report came out today, disappointing bullish expectations in several key areas. Nonetheless, user activity is still strong, with…

Coinbase's Deribit buy shows growing derivatives market

cointelegraph.com Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8,…