Hyperliquid Daredevil: $508M Bitcoin Long Bet, No Fiat Left, and ‘Paper Hands Will Burn’

After bitcoin vaulted beyond the $107,000 mark, the leading digital asset retraced and dipped below the $103,000 threshold. Amid this sharp recalibration, the notorious Hyperliquid whale intensified its 40x leveraged bitcoin long position, which now carries a valuation of $508 million. Hyperliquid Whale Claims Bitcoin ‘Volcano’ Is Primed to Explode Based on the most recent … Read more

Hyperliquid Whale’s 40x Bitcoin Long Bet Erupts Online—$95K Liquidation Line Drawn

Over the weekend, countless social media accounts buzzed with discussion about a prominent Hyperliquid whale, who’s currently holding an exceptionally high-leverage bitcoin position—valued at approximately $392 million and executed with an aggressive 40x long. Crypto Crowd Stunned as Trader Piles Into 40x Bitcoin Long on Hyperliquid This weekend, social platforms have been buzzing with chatter … Read more

GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets. … Read more

Bullish Exchange and Gibraltar to Develop Regulatory Framework for Crypto Derivative Clearing

Cryptocurrency exchange Bullish has announced a partnership with the Gibraltar Government and the Gibraltar Financial Services Commission (GFSC) to develop the world’s first regulatory framework for the clearing and settlement of derivative contracts settled in virtual assets. This initiative aims to enable crypto derivative contracts to be cleared and settled in virtual assets by a … Read more

Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B

Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark one of the largest acquisitions in cryptocurrency history, significantly expanding Coinbase’s derivatives offerings. Deribit dominates bitcoin options … Read more

CFTC Frees Crypto Derivatives From Extra Scrutiny

Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators. Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing … Read more

Coinbase Eyes $4B Deal for Derivatives Leader Deribit Amid Industry Expansion

Coinbase Global Inc. is in advanced discussions to acquire Deribit, the world’s largest bitcoin and ethereum options trading platform, as the U.S. crypto exchange seeks to expand its derivatives offerings, according to a Bloomberg report citing people familiar with the matter. Coinbase in Advanced Talks to Acquire Crypto Derivatives Giant Deribit: Bloomberg Report According to … Read more

Hyperliquid Trader’s 40x BTC Short Nears $3.7M Floating Loss as Bitcoin Tests Key Levels

On Monday, following Sunday’s action, the notorious Hyperliquid trader returned with a 40x short bitcoin play carrying a notional value of $524 million at about 2:45 p.m. Eastern Time on March 17. High-Stakes Bet: Hyperliquid’s 40x Short Continues to Play out Bitcoin ( BTC) is balancing just above the $84,000 mark once again, and the … Read more

40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC

This weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader’s bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world. Trader ‘Tether FUD’ Makes Waves With Bold Bitcoin Short Play At 1 … Read more

Crypto.com Expands UAE Footprint With License to Offer Derivatives

Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA), … Read more