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Deribit Exchange
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Crypto Options Unplugged
Bitcoin Disappoints in 2025 But The Debasement Trade Is Still On #92
In this Christmas episode, Imran and David reflect on a frustrating 2025 for Bitcoin - despite gold/silver moves, ETF inflows and increasingly bullish macro and policy tailwinds. The duo blame persistent whales selling and reflexive “4-year cycle top” concerns for capping the upside. The liquidity outlook is set to brighten in 2026 with the FED’s new T-bill purchases and SLR tweaks for banks to buy more duration. The financial suppression playbook should be fully engaged. They still expect another big debasement wave to hit next year, driving Bitcoin (and risk assets) higher once year-end funding squeezes fade. Stay patient. The st...
2025-12-24
40 min
Crypto Options Unplugged
Will The Last FOMC of 2025 Trigger A Santa Rally In Crypto #91
Bitcoin chops sideways into the final FOMC of 2025 — 25 bps cut is priced to perfection, but the real game is the guidance: will Powell hint at aggressive 2026 cuts and, crucially, confirm front-end liquidity ops (“not-QE QE”) to ease funding stress? Imran & David debate the Bank of Japan headache (hiking into stagflation while forced to buy bonds = yen likely the escape valve) and why dollar-yen ripping to 200+ could actually be bullish for hard assets long-term. Today's special guest was James Check, co-founder of CheckonChain discussing what he's seeing from the on-chain and options world to guide his views into 2026.
2025-12-10
1h 06
Crypto Options Unplugged
Bitcoin hits $80K: Is The Pain Over? #89
Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) are joined by guest James Van Straten (CoinDesk) this week as Bitcoin bounces off the low-$80Ks after a brutal 35% correction. James explains why the pain felt worse than previous dips this cycle: short-term holders fully underwater, OG whales finally distributing, treasury-company euphoria popped, and the Oct-10 liquidation cascade wiped out leveraged buyers fast. ETFs, however, kept buying the dip — AUM only down ~5% from peak despite the price carnage. James remains convinced that MicroStrategy is NOT about to blow up (converts don’t put until 2027–28), but the treasury-company leverage party is ove...
2025-11-26
47 min
Crypto Options Unplugged
Bitcoin Tests 90k - Hedges Pay Off #88
Bitcoin tests $90K as ETF outflows, whale selling and tighter funding markets weigh heavy. Imran & David break down the macro backdrop: Fed speakers turn hawkish, Dec rate-cut odds drop below 50%, equities wobble, liquidity still tight despite government-shutdown end. Hosts expect short-term pain (possible dip to high-$80Ks) but see relief soon from TGA spend-down and potential Fed “not-QE” front-end liquidity ops. Long-term bull thesis unchanged — more money printing coming in 2025–2026. Guest Sam Gaer (CIO, Monarch AM ) explains how he always keeps downside convexity in the book: buys near-the-money puts, sells 2× deep OTM “panic” puts to get paid for protection, delta-hedges...
2025-11-19
1h 07
The Good Tech Companies
Deribit and SignalPlus Launch 2025 Trading Competition, Featuring a $450,000 USDC Prize Pool
This story was originally published on HackerNoon at: https://hackernoon.com/deribit-and-signalplus-launch-2025-trading-competition-featuring-a-$450000-usdc-prize-pool. The space-themed event offers its largest prize pool to date, totaling $450,000 USDC. Daily prizes include a Unitree R1 Humanoid Robot, a World Trip Prize, and Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #deribit, #chainwire, #press-release, #deribit-announcement, #crypto-exchange, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. The...
2025-11-17
06 min
Crypto Options Unplugged
How To Run A Bitcoin Treasury With Protection #85
Crypto markets rebound into the range as US-China trade deal hopes rise and stocks hit ATHs ahead of tech earnings. Hosts Imran Lakha (Options Insight) and Dave Brickell (FRNT), with guest Alexander Hagen (ACE Digital Bitcoin Treasury CEO), discuss FOMC’s potential QT end fueling further upside. Alex shares his TradFi-to-crypto journey, building a Bitcoin treasury via options, emphasizing simplicity: "Just Bitcoin." He views ETH as "oil in the machine" or NASDAQ-like, not for treasuries. Options strategies for treasuries: own calls for upside, while some sell puts for yield and further accumulation. They remain bullish on Bitcoin’s debasement hedg...
2025-10-29
36 min
Crypto Options Unplugged
Trade War Cools But Crypto Lags Ahead Of CPI Data #84
Crypto markets fail to recover with equities despite dialed-back trade war rhetoric. Long-term holders are selling, while demand from digital asset treasuries and ETFs wanes. Put skew and volatility remain elevated, signaling caution ahead of CPI data. Hosts Imran Lakha (Options Insight) and Dave Brickell (FRNT) break the down cross-currents: funding market pressures forcing Fed QT to end, persistent debasement trade via liquidity needs, and potential risk-off in the near-term as price action derteriorates. Short-term caution advised—no bearish thesis change, but navigate volatility with proper sizing. Bullish long-term on Bitcoin amid systemic money printing but don't need to be...
2025-10-22
26 min
Crypto Options Unplugged
Crypto Tumbles: Is the Bull Market Over? #83
Crypto markets tumble as Trump reignites trade tensions with China, causing nearly $20B in liquidations of leveraged positions. Volatility spikes and put skew explodes, especially in Ethereum, with altcoins facing massive drops. Hosts Imran Lakha (Options Insight) and Dave (FRNT), joined by Friedrich Herzog (Matrixport), discuss if it's time to buy the dip. Friedrich shares his journey from traditional finance (systematic equities at Goldman Sachs) to crypto, emphasizing Matrixport's focus on diversified alpha generating strategies. Despite the spat creating turbulence, macro tailwinds remain strong—position sizing, avoiding leverage, and using options for hedging are key to navigating washouts of we...
2025-10-15
30 min
WuBlockchain Podcast
EP-44 With Deribit CEO Luuk: Options, Coinbase, and DeFi
In this in-depth interview, Deribit CEO Luuk Strijers shares insights into the company's journey from a niche crypto options platform to a leader in institutional trading. Deribit is currently the largest cryptocurrency options exchange. Its BTC options trading volume accounts for over 80% of the total market, while ETH options make up more than 90% of the total ETH options market volume.Luuk highlights Deribit's early entry, product specialization, and robust infrastructure as key advantages over multi-product competitors like Binance. Luuk details the reasoning behind Deribit's acquisition by Coinbase, citing strategic alignment and expanded global reach. He addresses regulatory...
2025-10-13
36 min
吴说不加密播客
EP-79 对话 Deribit CEO:为何没有被币安击败,被收购后的下一步
在本次深度访谈中,Deribit 首席执行官 Luuk Strijers 分享了公司从一个专注于加密期权的小众平台成长为机构交易领导者的历程,播客内容为英文。Deribit 是目前最大的加密货币期权交易所,其 BTC 期权交易量占市场总交易量的 80% 以上,ETH 期权交易量占市场总交易量的 90% 以上。Luuk 指出,Deribit 的早期入场、始终如一的产品专注,以及基础设施优势,是其击败 Binance 等多产品竞争对手的关键所在。Luuk 阐述了被 Coinbase 收购背后的原因,包括战略理念一致以及全球化扩张的协同效应。他也回应了关于合规流程特别是 KYC 的挑战,并强调平台仍将专注服务专业机构投资者。此外,Luuk 还谈及了对 DeFi 期权平台的看法、未来的市场拓展计划、产品演进方向(包括推出更小合约单位和更长期限的期权产品),以及 Deribit 作为 Coinbase 国际期权业务核心组成的角色与定位。阅读播客精选文字版本。加入吴说播客听友群,可添加小助手微信 ipo19841984关注更多吴说快讯深度等内容渠道:吴说官网时间线:00:00 Luuk 的背景及其进入加密行业的经历02:20 面对大型交易所竞争,Deribit 如何在加密期权市场占据主导地位05:20 产品深度、流动性与用户信任:谁才是 Deribit 市场领导地位的关键07:25 Coinbase 收购案:Deribit 为什么选择出售,以及未来的协同发展10:05 回应用户对 KYC 的不满,展望加入 Coinbase 后的合规策略13:55 被收购后,Deribit 是否会禁止中国或香港用户?14:20 链上平台(如 Hyperliquid)能否挑战中心化交易所?18:00 战略重点:加入 Coinbase 后的 Deribit 发展路线图20:12 亚洲在 Deribit 未来增长中的角色20:55 团队规模与文化:Deribit 与 Coinbase 的对比22:10 作为 CEO 面临的最大挑战,以及一句话总结 Deribit 的核心优势24:25 与 IBIT 的竞争及其对市场份额的影响27:53 拓展 BTC/ETH 之外的资产:Deribit 是否会新增黄金等品类?31:14 推出线性合约及更小合约单位,以提升用户可及性32:20 市场对长期期权(LEAPs)的需求及基于 RFQ 的解决方案33:27 机构战略及 Coinbase 式文化为何重要
2025-10-13
36 min
Crypto Options Unplugged
Bitcoin Makes New Highs Amidst US Government Shutdown #82
Crypto markets surge with gold as Bitcoin hits a new high near 126K, driven by a US government shutdown and tariff-funded stimulus talks fueling the debasement trade. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), with guest Oleksandr Proskurin (Arkis), note low volatility, with funding rates and call skew stable, indicating institutional-driven spot buying, not speculative futures led frenzy. Record $6B weekly ETF inflows signal maturing markets, with Solana’s low 70-80 vol and potential ETF approval suggesting upside to $250+. Arkis’s DeFi prime brokerage bridges on-chain and centralized finance, offering portfolio margin and KYC-compliant lending. Macro tailwinds—global...
2025-10-08
44 min
Crypto Options Unplugged
Uptober Starts! As Alts Outperform And BTC Bounces #81
Crypto markets dipped into the September options expiry but rebounded strongly after flushing out weaker longs, with ranges holding firm. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), with special guest Greg Magadini (Amberdata), discuss persistent bearish sentiment despite a supportive macro backdrop—sticky 2.9% inflation, 3.8% GDP growth, and no major recession fears. Bitcoin’s realized volatility has collapsed to a 20 handle, while ETH and Solana show bullish chart patterns and persistent higher volatility, with ETH eyeing 5,000 and Solana’s December options at 70 vol looking attractive. Global debt dynamics, particularly Japan’s 250% debt-to-GDP, signal more fiat debasement, reaffirming the Bitcoin...
2025-10-01
35 min
Crypto Options Unplugged
Crypto Dumps Post-Fed Cut: Short Squeeze or More Pain? #80
Crypto markets seesaw after the Fed’s 25-basis-point rate cut, signaling more easing ahead. Ethereum drops 6%, triggering liquidations at 2021 levels, testing key supports, while put protection spikes and funding rates turn negative, hinting at a potential short squeeze. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) analyze the flush-out of leveraged longs, with guest Sam Price (Crypto Lifer) offering a technical perspective, pointing to a head-and-shoulders pattern and a critical 200-period moving average on the 4-hour chart for Bitcoin at 113K. Despite the pullback, a Goldilocks macro backdrop sticky 3% inflation, slowing but resilient growth, and rising global liquidity su...
2025-09-24
53 min
OnChain Revolution -Covering all things on-chain, from Bitcoin to the entire crypto ecosystem.
🚨Fed Rate Cut Cycle Starts! SOL & BNB Heat Up + Deribit Drops USDC BTC/ETH Options!🔥
🔥 Today on OnChain Revolution 🔥Big moves are lining up across the markets! 🚨 The Fed is expected to kick off its easing cycle with a 25 basis point cut, bringing rates down to the 4.00–4.25% range, and markets are already pricing in as many as six cuts through 2026. That’s the kind of shift that could pour fuel into crypto momentum. Meanwhile, Solana and BNB are heating up, with institutional players showing growing interest in both ecosystems. And over on the trading side, Deribit just launched USDC-settled BTC and ETH options—meaning traders can now use USDC (ERC-20) for set...
2025-09-17
2h 11
Crypto Options Unplugged
Crypto Grinds Up: Fed Cut Looms, Will Bitcoin Break Out? #79
Crypto markets grind higher on low volatility as last week’s inflation data reinforced expectations for a Fed rate cut this week. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), joined by Usman Naeem (Global Head of Derivatives Sales and Trading at Coinbase), discuss whether this cut will spark crypto’s next leg up, given equities’ new highs and Bitcoin’s consolidation post-record levels. They discuss Coinbase’s recent acquisition of Deribit and what it means for the future of crypto options, institutional hedging driving put skew, and the maturing crypto market with digital asset treasuries (DATs) and DeFi growt...
2025-09-17
38 min
Crypto Options Unplugged
Crypto Lags Stocks & Gold: Fed Cut Priced, Institutions Hedge Exposure #78
Crypto markets lag behind soaring equities and gold as weak U.S. jobs data (22K print, June revised to -13K) fully prices in a September Fed rate cut. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), joined by Mark Hiriart (ZeroCap), discuss suppressed crypto volatility (Bitcoin vol in low 30s) amid a narrow range, with persistent put skew driven by institutional hedging demand. Inflation data looms as the Fed enters blackout, but a supportive macro environment—falling yields, lower oil prices, and global rate cuts—signals bullish tailwinds for Bitcoin and altcoins like Ethereum and Solana. They expl...
2025-09-10
48 min
Crypto Options Unplugged
Bitcoin Consolidates, ETH Stays Strong While Bond Yields Pop #77
Bitcoin touches near $107K over the weekend, with institutional buying slowing as focus shifts to Ethereum’s relative strength. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) analyze the market’s rejection of new highs after Jackson Hole, with put skew rising due to protection buying. Despite fragile global bond yields, higher odds of a September Fed rate cut, and long-term bullish crypto trends persist. They discuss Bitcoin’s price pattern resembling earlier ranges, predicting a recovery without retesting below $100K, and highlight potential volatility risks on the downside. Like and subscribe for more!Deri...
2025-09-03
28 min
Crypto Options Unplugged
Crypto Pulls Back Pre-Jackson Hole #76
Crypto markets pull back from highs ahead of Jackson Hole, with put skew rising amid protection buying on risks that Powell pushes back on rate cuts. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) analyze Bitcoin’s choppy range, quick dip recoveries after disappointing jobs data, and Ethereum’s surge toward all-time highs. They discuss the institutional treasury adoption and a supportive macro backdrop (slowing growth, disinflation, September rate cut pricing) which has led to the Summer strength. Imran runs through some charts with Gareth Soloway, Chief Market Strategist at Verified Investing to get his take on the rece...
2025-08-21
49 min
Crypto Options Unplugged
Ethereum New Highs Incoming! #75
Crypto markets stay choppy over summer, with disappointing jobs data sparking dips that get quickly bought as rate markets eye a September Fed cut. Ethereum surges toward all-time highs, fueled by the Genius Act’s stablecoin boost and massive ETF inflows. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) analyze Bitcoin’s quick recovery, Ethereum’s dominance breakout, and the supply-demand dynamics driving alt season. They highlight Bitcoin and ETH treasury adoption, yield strategies, and a resilient macro backdrop of disinflation and global liquidity support. Like and subscribe for more!Deribit FZE does not ac...
2025-08-13
29 min
Crypto Options Unplugged
Bitcoin Holds Steady And ETH Soars As On-Chain Data Looks Strong #74
Crypto markets consolidate as Bitcoin hovers around 117K-120K, with Ethereum stealing the spotlight after a 30% rally driven by the Genius Act’s stablecoin clarity. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), joined by Dan Blackmore (Glassnode), explore on-chain insights revealing steady institutional buying along with profit-taking by long-term holders. Bitcoin’s structural health remains solid, while Ethereum’s narrative as the dominant layer-1 for stablecoins fuels massive ETF inflows and options volume. They discuss macro risks, including a $1.6T quarterly debt issuance and potential Fed liquidity support, reinforcing Bitcoin’s long-term bullish case. Like and subscribe for more...
2025-07-30
41 min
Crypto Options Unplugged
ETH Explodes As ALT Season Begins! #73
Crypto markets ignite as the Genius Act passes, boosting stablecoin adoption and fueling a 30% Ethereum surge in a week, with inflows overwhelming sellers and volatility soaring. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) dive into the long-awaited alt season, with Bitcoin dominance dropping to 60% and Ethereum leading the charge. The Genius Act’s regulatory clarity for stablecoins, settling heavily on Ethereum’s chain, drives massive ETF inflows and treasury strategies. They discuss Ethereum’s explosive options activity, macro stability, and risks like tariff deadlines and Fed chair uncertainty. Like and subscribe for more!Deri...
2025-07-22
31 min
Crypto Options Unplugged
Bitcoin Hits 120K: Women in Crypto Discuss The Trends #72
Bitcoin hits new all-time highs at 120K, but volatility remains subdued as institutional treasury adoption drives steady accumulation. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) welcome a Women in Crypto panel featuring Barnali Biswal(Hilbert Group), Chantal (Deribit), and Lucy Balicki (Laser Digital). They discuss Bitcoin treasury strategies, with Hilbert Group focusing on active management to generate yield without excessive risk. The panel explores institutional adoption trends, Deribit’s USD-settled options launch, and the collaborative, diverse nature of the crypto industry, highlighting opportunities for young talent. Like and subscribe for more!Deribit FZ...
2025-07-17
48 min
Crypto Options Unplugged
Bitcoin in a Range Amid Tariffs & Treasury Bids #71
Bitcoin struggles to break out, stuck in a range as volatility hits holiday lows, with tariff uncertainties creating headwinds but institutional dip-buying supporting prices. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT), joined by James Van Straten (CoinDesk), analyze Bitcoin’s resilience above 100K, driven by treasury adoption and steady demand. Despite profit-taking, the macro backdrop remains bullish with easing geopolitics and potential Fed rate cuts. They explore MicroStrategy’s dominance, stablecoin growth, and AI’s looming economic impact, signaling a slow grind higher for crypto. Like and subscribe for more!Deribit FZE does n...
2025-07-09
45 min
Crypto Options Unplugged
Bitcoin Stalls below 110K Despite Macro Tailwinds #70
Equity markets hit new all-time highs, but Bitcoin remains range-bound between 100K and 110K, with volatility suppressed by heavy call-overwriting from institutional accumulators. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) discuss the fading geopolitical tensions, a supportive Goldilocks macro environment, and Fed speakers’ dovish shift towards more rate cuts. Despite a $300B liquidity drain at quarter-end, Bitcoin’s resilience and low volatility (near-year lows at 30) offer cheap upside potential. Ethereum’s volatility spread narrows, offering volatility trading opportunities. Like and subscribe for more!Deribit FZE does not accept UAE retail clients or US cli...
2025-07-02
30 min
Crypto Options Unplugged
Crypto Rebounds as Geopolitical Tensions Ease #69
Crypto markets surge as geopolitical tensions ease, stablecoin regulations advance, and Fed speakers hint at July rate cuts, pushing Bitcoin toward new highs. Hosts Imran Lakha (Options Insight) and Dave Brickell(FRNT), joined by Nate Cox and Conrad Carvalho (Two Prime), explore Bitcoin’s consolidation, low volatility, and Ethereum’s persistent high-vol premium. From Two Prime’s yield strategies for institutional Bitcoin holders to concerns over MicroStrategy copycats, this episode dives into macro tailwinds, corporate treasury trends, and stablecoin dynamics. Like and subscribe for more!Deribit FZE does not accept UAE retail clients or US cli...
2025-06-26
44 min
Thinking Crypto News & Interviews
Coinbase Deribit Acquisition! The Largest in Crypto! with Aklil Ibssa
I interviewed Aklil Ibssa, Head of Corporate Development and M&A at Coinbase, at the Coinbase State of Crypto Summit. We discussed Coinbase’s acquisition of Deribit — the largest in the crypto industry to date.💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com Sponsors:🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that levera...
2025-06-22
08 min
Crypto Options Unplugged
Middle East Tensions Rise: Bitcoin Holds Steady #68
Bitcoin trades in a tight 100K- 110K range as the summer lull persists, but Middle East tensions spark hedging demand. Hosts Imran Lakha (Options Insight) and Dave Brickell(FRNT) unpack the market’s resilience, supported by a Goldilocks macro backdrop of low inflation and steady ETF inflows. Ethereum’s high volatility premium holds as realized moves justify it. Imran speaks to special guest Charlie Sandor (CMT Digital), as they explore venture capital trends, stablecoin growth, and AI’s disruptive potential in crypto, from decentralized compute to data verification. Like and subscribe for more!#crypto #tradin...
2025-06-18
43 min
The Future of Money
Deribit CEO on Coinbase's $2.9B Buyout and the Next Era for Crypto Options
In this episode of the Future of Money podcast, I sat down with Luuk Strijers, CEO of Deribit, to discuss their landmark $2.9 billion acquisition by Coinbase. We explore what this means for crypto options, institutional adoption, the evolving landscape of collateral in crypto derivatives, and how regulatory clarity is reshaping the market. A must-watch for anyone tracking the future of digital asset infrastructure and institutional crypto growth. __ This episode is sponsored by Deribit – the #1 platform for trading crypto options. Trade crypto options with Deribit - a VARA regulated, centralized, and...
2025-06-13
34 min
Crypto Options Unplugged
Bitcoin Bounces After U.S. Bromance Drama #67
Crypto markets trade in tight ranges with volatility trending lower, as Trump-Elon tensions spark brief risk-off moves before a Goldilocks jobs report lifts Bitcoin back towards 110K. Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) analyze the calm market, with option flows signaling a quiet summer but potential action in September. David is joined by Ben Cowen (Founder of Into The Cryptoverse) in a special segment where they dive into macro trends, Bitcoin’s resilience, and why altcoins may lag until Q4. Like and subscribe for more!Deribit FZE does not accept UAE re...
2025-06-10
46 min
Crypto Options Unplugged
Crypto Holds Firm Amid Bond & Tariff Chaos #65
Bitcoin hits a new all-time high but pauses as EU tariff threats and bond market jitters dampen the mood, while policymakers signal towards yield curve control-type measures to boost liquidity. Hosts Imran Lakha (Options Insight), Dave (FRNT), and guest Pedro Birmann (CEO, Quadra) dive into Bitcoin’s resilience, muted volatility offering trading opportunities, and Ethereum’s high-volatility surge. From Quadra’s platform empowering institutional crypto adoption to strategies like call ratio spreads and basis trades, this episode unpacks market dynamics and crypto’s maturing landscape. Like and subscribe for more!00:00 – Introduction00:56 – Today's Special Guest: Pedro Birman...
2025-05-28
41 min
Crypto Options Unplugged
Bitcoin New Highs Incoming? #64
US-China trade tensions ease, sparking a surge in risk assets and pushing Bitcoin to all-time highs, while Ethereum steals the show with a 50% rally and soaring volatility. Hosts Imran Lakha (Options Insight) and Dave Brickell(FRNT) unpack the market’s sharp turnaround in recent weeks, from Trump’s tariff pivot to fiscal policy shifts fueling liquidity. With bond yields signaling debt concerns but equities and crypto thriving, they dive into Bitcoin’s steady climb, Ethereum’s volatile breakout, and strategies for navigating this potential alt-driven rally. Like and subscribe for more!Deribit FZE does not acce...
2025-05-22
25 min
Web3 101
E47|从Coinbase收购Deribit谈起:加密企业美股上市潮、Stripe推出稳定币服务,传统金融的加密布局
交易平台大举并购、Stripe推出稳定币服务、加密企业美股上市潮,以及这背后的传统金融与加密货币融合浪潮。 Web3 101 推出的全新 Weekly Rollup 节目,每周为大家摘选最值得关注的新闻与毒辣点评。 【主播】 刘锋,BODL Ventures 合伙人,前链闻总编辑 熊浩珺Jack,律动 BlockBeats 副主编,《Web3 无名说》主播 【嘉宾】 郑迪,前沿科技投资人 【你将听到】 深度剖析 Coinbase 收购 Deribit 02:50 收购 细节:Coinbase 业绩下滑,但大笔收购 04:30 交易平台收购热潮涌现:Robinhood/WonderFi、Kraken/NinjaTrader、Ripple/Hidden Road 06:19 「币股融合」反映监管风向改变 07:01 Coinbase 一季报深度剖析 10:16 散户交易手续费和 USDC 补贴是 Coinbase 最核心收入来源 13:08 Coinbase 散户现货交易费率过高难以持续,需要寻找更多业务来源 14:10 锐波币(XRP)对Coinbase 手续费收入贡献达 28%,超过以太坊 15:20 ETF 推出利空 Coinbese 现货交易收入 20:09 Deribit 收购价格已不止 29 亿美元,大概 8 倍市销率(PS) 21:40自建衍生品交易业务表现不佳 加密货币交易生态将变 23:15 交易所存在「获客」焦虑 23:56 互联网券商正在杀入币圈 24:16 Bakkt 一季度加密货币手续费收入中 74% 由互联网券商微牛贡献 25:45 Web3 交易平台的生态未来五年会有巨大变化 26:01 加密企业掀起赴美上市狂潮,从之前的矿机和挖矿企业延伸到各个领域 27:10 传统资金热情拥抱有业绩的加密企业,而非加密货币 28:32 加密企业上市融资有「上岸」诉求 32:25 残酷现实:传统金主对使用币圈交易平台兴趣不足 33:07 STO(证券化代币发行)门槛降低带来更多资产上市,或成为吸引传统资金的关键 万物上链 35:30 「万物上链的时代」 38:21 目前在香港尝试的一些 RWA 方向可能是错误的 39:15 交易者更喜欢用代币化的货币市场基金(TMMF)做抵押品,而不是稳定币 45:40 万物上链时代的监管需要新智慧,来吸引全球流动性 稳定币爆发和格局改变 46:45 Stripe 推出稳定币 USDB 和全球稳定币金融账户 49:01 「Stripe 花 11 亿美元收购 Bridge 更像是红杉的一个局」 51:45 稳定币支付场景远不止跨境支付 53:55 Tether 扩大自己支付场景的新探索 56:42 未来可能稳定币无处不在,但用户感知不到 【名词解释】 本期提到的一些 Web3 企业和词汇: Bakkt 一个美国的受监管的数字资产交易和托管平台,为机构和零售用户提供合规的加密货币服务。它由洲际交易所(ICE,纽约证券交易所的母公司)于2018年创立,并获得了微软、星巴克等大企业的支持。Bakkt 是全球首个提供实物交割比特币期货的平台,合约到期时需用真实的比特币结算,而非现金。 Cantor Equity Partners (CEP) 嘉宾在 26:09 提到的与美国新任商务部长卢特尼克之子有关联的比特币投资企业「CEP」,指的是在纳斯达克上市的一家特殊目的收购公司 Cantor Equity Partners(股票代码 CEP)。最大的稳定币 USDT 发行商 Tether 联合交易所 Bitfinex,与日本的软银一道投资 30 亿美元,组建了一家名为 Twenty One Capital 的公司(E46 期节目中有提及),通过收购Cantor Equity Partners,实现上市并向传统机构投资者募资,希望仿照微策略(MicroStrategy)的模式,投资比特币。 STO 指「Security Token Offering」,即证券型通币发行,是一种在区块链技术基础上,将传统金融资产(如股权、债权、房地产、黄金等)代币化,并进行合规融资的方式。STO发行的代币被认定为证券,需符合证券法规。 【后期】 AMEI 【BGM】 Mumbai - Ooyy 【在这里找到我们】 收听渠道:Apple Podcast|Spotify|YouTube|小宇宙 联系我们:podcast@sv101.net
2025-05-17
58 min
Diversify - Der NAO Private Market Podcast
#18 DD — Coinbase & Deribit: Größter Kryptodeal ever?
📈 Was erwartet Euch in dieser Folge? ❯ M&A-Welle in Europa voraus? Goldman Sachs prognostiziert eine neue Übernahmewelle in Europa. Politische Unsicherheiten rund um Lieferketten und Zölle bremsen aktuell viele Deals. ❯ Rohstoff-IPO in London: Cobalt Holdings plant den größten Börsengang an der London Stock Exchange seit zwei Jahren. ❯ CVCs Avolta-Deal: Der PE-Riese CVC plant, die Betreiber von Dufry und Autogrill für £6 Mrd. von der Börse zu nehmen. ❯ Größter Kryptodeal aller Zeiten – Coinbase kauft Deribit Coinbase übernimmt den Krypto-Derivate-Anbieter Deribit für $2,9 Mrd. und sichert sich damit die Spitzenposition im gl...
2025-05-16
22 min
Satoshi Radio
#363 - Coinbase in S&P500, Deribit overgenomen voor $2,9 miljard en Bitcoin boven de $105.000
Deze week werd gedomineerd door Coinbase. De Amerikaanse exchange maakte namelijk bekend dat ze opgenomen worden in de S&P500. Daarnaast namen ze de Nederlandse derivatenbeurs Deribit over voor $2,9 miljard. Maar hoe komt het eigenlijk dat ze zelf zo weinig bitcoin bezitten? Daarnaast geven we je een update over de op_return discussie en een nieuwe bitcoin mining pool. We denken ook na over de vraag hoe je kan profiteren van stablecoins. Veel luisterplezier!Probeer Bitcoin Alpha 2 weken gratis!Satoshi Radio wordt mede mogelijk gemaakt door: Amdax, Watson Law...
2025-05-15
1h 54
Coinbase Markets Podcast
US/China Tariff Progress, Stablecoin Update & Coinbase Acquires Deribit
This week, we delve into the significant progress on US/China tariffs announced over the weekend, including reciprocal rate cuts effective May 14th, and discuss how crypto assets reacted during off-market hours, leading to notable moves. In the Bitcoin segment, we analyze ETF flows, question if BTC dominance has peaked, and provide an overview of the OP_RETURN proposal aiming to remove the 83-byte limit. We also touch upon the flows observed on our desk during recent market moves.For Ethereum, we explore its recent price performance and give details on the upcoming Pectra upgrade. Market-wise, we...
2025-05-14
34 min
Bitcoin.com News Weekly Update
New Hampshire BSR, Genius Act Stall, Stablecoin Surge & Coinbase’s $2.9B Deribit Bet | Bitcoin.com Weekly
Crypto’s moving from chaos to consolidation. Washington stumbles on stablecoin rules even as Stripe & Meta go all-in, US states build Bitcoin war chests, XRP roars back, and Coinbase aims to dominate options with Deribit.Timestamps:01:48 – Genius Act stalls in Senate9:15 – TradFi embraces stablecoins: Stripe & Meta14:03 – US states launch Bitcoin strategic reserves18:42– XRP resurgence: ETFs & $1.25 B Hidden Road deal23:16 – Coinbase to acquire Deribit
2025-05-12
28 min
Crypto Options Unplugged
Sander van Zelm & Chris Yu on Market Making in Crypto
Kicking off Episode 8 of Crypto Options Unplugged: The Perpetual Edition — recorded live at Deribit’s Blockparty during TOKEN2049.In this episode, Imran and David sit down with Sander van Zelm from BlockTech and Chris Yu from SignalPlus for an insightful conversation. They discuss market making in crypto, notable trading flows, and strategies like covered call selling.Tune in for a sharp discussion with two seasoned professionals shaping the evolving landscape in the crypto market.#SanderVanZelm #ChrisYu #OptionsUnplugged #TOKEN2049
2025-05-11
13 min
Crypto Options Unplugged
Bing and Laura Vidiella Dive into Crypto Strategies and Bitcoin ETF Insights
Welcome to Episode 7 of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049.In this episode, Imran and David sit down with Bing from Avenir and Laura Vidiella from VanEck for a focused and insightful conversation. They dive into crypto strategies for asset managers, offer key perspectives on the VanEck Bitcoin ETF, and explore broader crypto market dynamics.Join us for a sharp discussion with two influential voices shaping the future of digital assets.#Bing #LauraVidiella #OptionsUnplugged #TOKEN2049
2025-05-10
13 min
Unchained
Coinbase Acquired Deribit for $2.9 Billion. Here’s Why It Matters
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 director and senior analyst at Oppenheimer, delves into why Deribit was such a coveted prize, what this deal means for the global derivatives landscape, and how Coinbase is using its position as a public company to cement its dominance. Plus: The importance of Coinbase paying mostly in stock and barely touching its cash How the derivatives market dwarfs spot trading, and is only getting...
2025-05-09
42 min
Unchained
Coinbase Acquired Deribit for $2.9 Billion. Here’s Why It Matters
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 director and senior analyst at Oppenheimer, delves into why Deribit was such a coveted prize, what this deal means for the global derivatives landscape, and how Coinbase is using its position as a public company to cement its dominance. Plus: The importance of Coinbase paying mostly in stock and barely touching its cash How the derivatives market dwarfs spot trading, and is only getting...
2025-05-09
42 min
Empire
Coinbase Buys Deribit, Stripe’s Stablecoin Launch, and Ethereum’s Pectra Upgrade | Weekly Roundup
Gm! This week we're back with another weekly roundup. We discuss Coinbase's $3B acquisition of Deribit, Stripe's stablecoin launch, Ethereum's big pivot, will Meta launch a stablecoin & more. Enjoy! -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/jasonyanowitz Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ Join the Empire...
2025-05-09
1h 03
The World Crypto Report
Stablecoin Bill Fails, Coinbase Buys Deribit, Meta Reenters Crypto | May 9, 2025
The U.S. Senate stalls stablecoin regulation (0:56), Coinbase snaps up Deribit for nearly $3 billion (2:28), Celsius founder Alex Mashinsky is sentenced for fraud (3:59), and Meta cautiously re-enters the crypto space (5:39). This is your essential update on the forces shaping what's next in money. More on stories and articles mentioned or referenced in this episode: Stablecoin Bill Fails to Clear Key Hurdle in U.S. Senate. Hannah Lang, Reuters. https://www.reuters.com/sustainability/boards-policy-regulation/stablecoin-bill-fails-clear-key-hurdle-us-senate-2025-05-08/ Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform. Lauren Thomas, Wall Street...
2025-05-09
08 min
Crypto Options Unplugged
Michael Ourabah & Darius Sit on Crypto Latency and the Maturity of Crypto Options
Welcome to the sixth episode of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049.In this episode, Imran and David sit down with Michael Ourabah (BSO) and Darius Sit (QCP Capital) for a sharp conversation on crypto trading latency, market volatility, structural products, and the growing maturity of crypto options. A concise but insightful discussion with two key voices in the digital asset space.#MichaelOurabah #DariusSit #OptionsUnplugged #TOKEN2049
2025-05-09
20 min
Thinking Crypto News & Interviews
BIG PUMP FOR BITCOIN & ALTCOINS - SEC RIPPLE XRP SETTLEMENT, COINBASE DERIBIT, & META STABLECOINS
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 to launch stablecoins.Show Sponsor -🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com Sponsors:🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts...
2025-05-09
23 min
Crypto Options Unplugged
Henri Arslanian & Marc Tillement on Crypto Education and Why It Beats CeFi
Welcome to the fifth episode of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049.In this episode, Imran and David sit down with Henri Arslanian of Nine Blocks Capital and Marc Tillement of Pyth Network. They explore the power of crypto education, including the story behind Henri’s best-seller The Book of Crypto, and discuss why crypto presents a compelling alternative to traditional, centralized finance.Stay tuned for more in-depth conversations with some of the brightest minds in the digital asset space.#HenriArslanian #MarcTillement #OptionsUnplugged #TOKEN2049
2025-05-08
26 min
Crypto Options Unplugged
Robert Mitchnick & Rob Hadick on the Bitcoin ETF and Crypto’s Breakthrough App
Welcome to the fourth episode of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049.In this special episode, Imran and David sit down with Robert Mitchnick of BlackRock and Rob Hadick of Dragonfly. Together, they dive into a wide range of topics—from BlackRock’s IBIT Bitcoin ETF and the evolving basis trade to the ongoing search for crypto’s game-changing app—and much more. Stay tuned for more in-depth conversations with some of the brightest minds in crypto.#RobertMitchnick #RobHadick #OptionsUnplugged #TOKEN2049
2025-05-07
22 min
Crypto Options Unplugged
Ran Neuner & Anna Dinescu on Where We Are in the Bitcoin Cycle | The Perpetual Edition
Welcome to Episode 3 of Crypto Options Unplugged: The Perpetual Edition — recorded live at Deribit’s Blockparty during TOKEN2049.In this special edition, Imran and David sit down with Ran Neuner (aka Crypto Banter) and Anna Dinescu from Hilbert Group to dive into the latest crypto market insights, key indicators, and the big question: Where We Are in the current Bitcoin Cycle? Stay tuned for more with some of the brightest minds in crypto, straight from our biggest event of the year.#RanNeuner #AnnaDinescu #OptionsUnplugged #TOKEN2049
2025-05-06
20 min
Crypto Options Unplugged
Justin Sun on What Bitcoin & a $6M Banana Have in Common | The Perpetual Edition
Welcome to the second episode of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049.In this special episode, Imran and David talk with Tron founder Justin Sun about his impact on the crypto world, lessons from Warren Buffett, and the surprising link between Bitcoin and a $6 million banana.Stay tuned for more live conversations with the brightest minds in crypto, straight from our biggest event of the year.#JustinSun #OptionsUnplugged #TOKEN2049 ----------------------------------------------------------------------✅ Signup: https://www.deribit.com/register✏️ Learn: https://insights.deribit.com/education📣 Socials: ► Follow us on X: https://x.com/deribitofficial ► Follow us on Li...
2025-05-05
25 min
Crypto Options Unplugged
Scott Melker about Regulatory Changes | The Perpetual Edition | TOKEN2049 Dubai
Welcome to the first episode of Crypto Options Unplugged: The Perpetual Edition, recorded live at Deribit’s Blockparty during TOKEN2049. In this episode, Imran and David sit down with Scott Melker – The Wolf of All Streets – to unpack the latest in U.S. crypto regulation & and the broader digital asset landscape. This is just the beginning — stay tuned for more live conversations with the brightest minds in crypto, straight from our biggest event of the year.#ScottMelker #OptionsUnplugged #TOKEN2049
2025-05-04
13 min
Crypto Options Unplugged
Bitcoin: Anchor In A Shifting Macro World? #62
Markets face another wild week as tariff headlines spark volatility, front-end vols and put skew get crushed while Bitcoin rallies alongside a historic equity squeeze. Host Dave Brickell (FRNT Financial) is joined by Kean Gilbert (Lido DAO) to unpack surging US yields, global de-risking, and Bitcoin’s growing stability. From Lido’s liquid staking revolution—now part of Deribit’s collateral pool—to a deep dive with Metis co-founder Elena Sinelnikova on AI’s role in building a decentralized, happy society, this episode explores crypto’s institutional future and blockchain’s synergy with AI. Like and subscribe for more!
2025-04-15
1h 00
Crypto Options Unplugged
Tariffs Slam Stocks, Bitcoin Stays Steady #61
Equity markets crash as Trump’s Liberation Day tariffs shock the world, pushing Bitcoin below 80K—yet it holds strong amid exploding equity volatility. Host David Brickell (FRNT Financial) and special guest Greg Magadini (Amberdata) dive into Bitcoin’s surprising resilience: has it matured as a safe haven? From trading volatile markets to a special segment with Ethena Labs’ Guy Young and FalconX’s Josh Lim on the new yield-bearing USDE coin joining Deribit’s collateral pool, this episode unpacks strategies, macro risks, and crypto’s next moves. Like and subscribe for more!
2025-04-10
1h 00
Cryptocast | BNR
Deribit uit Nederland mogelijk voor miljarden overgenomen door Coinbase | 370 A
De Amerikaanse beurswaakhond SEC lijkt de cryptosector een stuk vriendelijker tegemoet te treden dan voorheen. Waarnemend voorzitter Mark Uyeda gaf afgelopen week aan dat er een constructieve benadering nodig is om regelgeving vorm te geven. Dat is een opvallende koerswijziging, want onder Gary Gensler was de SEC uitgesproken vijandig richting crypto. Gensler beschouwde vrijwel elke coin als een effect, met uitzondering van Bitcoin. Hij beriep zich op de zogenaamde Howey Test om coins onder effectenwetgeving te laten vallen, maar die lijn hield in de rechtszaal niet altijd stand. Steeds meer rechtszaken, zoals die tegen Ripple, worden gestaakt. In dat...
2025-03-25
24 min
Crypto Options Unplugged
DeepSeek AI Triggers Risk Sell Off #51
In this week's episode Imran and David catch up with Alex Ryvkin, CEO and Founder of Rho Labs. Alex is building crypto's first rates derivatives platform and discusses some of the products that they are offering more sophisticated clients. David gives his take on the latest developments in crypto after Trump's executive orders looked to disappoint markets on the lack of strategic Bitcoin reserve. Imran discusses some of the opportunities he's seeing in crypto options such as selling ETH volatility. Deribit FZE does not accept UAE retail clients or US clients and clients from...
2025-01-28
35 min
The Wolf Of All Streets
Traders Bet On Bitcoin Hitting $200,000! Crypto Options Are Booming | Luuk Strijers, CEO Of Deribit
In this episode of The Wolf of All Streets, we dive deep with Luuk Strijers, CEO of Deribit, the leading crypto options platform. We uncover how Deribit dominates 85% of the global crypto options market, the strategies institutions use to hedge their positions, and why options are the key to Bitcoin's future growth. Whether you're a retail trader or an industry insider, this conversation is packed with actionable insights you won't want to miss!Luuk Strijers: https://x.com/lstrijers►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY!👉h...
2025-01-26
1h 00
Crypto Options Unplugged
Choppy Start To 2025 As Calls Still Dominate The Flows #48
To kick off the new year, David caught up with Deribit CEO Luuk Strijers and Founder and CEO of Hashnote Leo Mizuhara. They had a lively discussion around the need for high-quality yield-earning collateral and explained why Deribit has partnered with Hashnote to offer institutional clients the best liquidity and attract more Tradfi-type accounts into the space. This is another example of the infrastructure buildout that is happening across crypto and why we remain to bullish long term. David also gives his usual macro rundown covering the liquidity outlook and Imran tells us what he's seeing and doing in...
2025-01-08
56 min
The Crypto Daily Brief
Deribit's Peak, Robinhood's Expansion, and Trump's Crypto Influence
The episode starts with a welcome and an overview of the top stories, followed by a cryptocurrency market update highlighting Deribit's open interest peak. Robinhood's crypto expansion and the market's reactions are discussed, along with political influences on crypto, particularly Trump's remarks. The episode explores blockchain adoption through Ant International and Standard Chartered's pilot project. Innovation in tokens is showcased with OpenCoins' Dual Asset Tokens, and emerging projects like Qubetics are analyzed. Ethereum's post-election trajectory is examined, and Chainlink's data oracles are spotlighted. The episode concludes with closing remarks and a subscription reminder. (0:00) Welcome to the Crypto Daily Brief (0:15) Top...
2024-11-15
13 min
Crypto Options Unplugged
Trump Survives And Crypto Roars Higher #26
In this week's episode Imran host Shaun Fernando, Chief Risk Officer at Deribit, and Antonio Vulcano, Senior Trader at Laser Digital. This discusses the topics of the moment in crypto like the rally triggered by the weekend's assassination attempt on Donald Trump and the impending launch of ETH ETFs next week. Imran gives his quick macro summary and discusses the current volatility conditions in crypto options markets with Antonio. Shaun gives some color on Deribit's tight risk framework and how they can navigate the storms in crypto markets better than most.
2024-07-17
27 min
Crypto Options Unplugged
Crypto markets test recent lows despite positive macro developments #22
In this week's episode David and Imran welcome Dennis Ehlert, a derivatives trader from Amina Bank. They discuss the broader trends in crypto markets in terms of institutional adoption and how we are still very early on in building out infrastructure for real money flows. David gives his 30k ft view on the latest macro developments. Imran and Dennis highlight the main flows they are seeing in options this week as spot prices look weak. Don't forget to like, subscribe, and comment on YouTube with #deribitgiveaway to enter our draw to win a Deribit sweater.
2024-06-20
31 min
Crypto Options Unplugged
Ethereum explodes on hopes of imminent ETF approval #18
In this week's episode, Imran and David welcome James Van Straten from Cryptoslate as they take a look into the world of on-chain analytics. James writes reports analyzing these important metrics to help traders forecast trends in crypto assets. This unique approach and the granularity of the flow data that is unavailable in TradFi markets has become somewhat of a must-have tool for serious crypto investors over the years. They also dive into the latest macro and crypto headlines including the ETH ETF that has suddenly come back on everyone's radar. Imran explains how much the event risk has...
2024-05-22
42 min
Crypto Options Unplugged
ETH underperformance drives more protection buying #17
In this week's episode, Imran and David welcome Andrew Melville, volatility research analyst at Block Scholes. They take a deep dive into what Andrew has been seeing in crypto volatility trends and how institutions are trading volatility in this rapidly growing asset class. Imran breaks down why options traders use butterflies to buy or sell convexity and discusses the reason why the volatility smile may be trading so flat. David summarises the macro news that is moving markets such as China unleashing more stimulus and key US CPI data due this week.---
2024-05-15
36 min
Crypto Options Unplugged
Crypto pops back into the range on dovish FED #16
In this week’s episode Imran and David discuss the game changing macro developments that triggered a sharp bounce in crypto and risk assets. The FOMC was more dovish than investors had feared as rate hikes were taken off the table and a larger taper of QT means more liquidity to drive risk assets higher. Imran runs through his usual crypto vol insights which showed a reduction in BTC skew as put hedges were monetised and implied vols falls despite heightened realised moves. The trade idea they both like is long call calendars on ETH as ETF rulings get punte...
2024-05-10
29 min
Crypto Options Unplugged
Crypto Vol falls but Skew signals imminent breakdown #15
In this weeks episode David and Imran discuss the recent gyrations in FX markets and what implications they may have for crypto prices going forward. David remains convinced that weakness in Asian currencies will keep pressure on the Fed to be more dovish than interest rate markets are pricing. Imran catches up with Jeff Anderson from STS Digital to get his thoughts on crypto vol markets and where the biggest opportunities exist.
2024-05-01
47 min
Crypto Options Unplugged
Crypto Vol smashed lower as risk assets bounce #14
In this week's episode, Imran and David discuss the recent risk rally that has kicked off this week as geopolitical tensions abate with Iran not looking to counterattack Israel. Cross-asset volatility spiked last week but is reverting quickly as Gold and Oil give back some of their gains. Interest rate vol also means reverting after a large spike and the path and speed of yields from here will be key in determining the next move in crypto. David sees the dollar as ripe for a dip and this should propel crypto back towards highs. Imran breaks down the key...
2024-04-24
35 min
Crypto Options Unplugged
Geopolitics keep investors on edge as realised vol spikes #13
In this episode, Imran and David give an update on the latest crypto action as geopolitics and inflation fears have put investors on edge. With the conflict in the Middle East likely to drag on for at least a few more weeks, it may be difficult for crypto markets to recover even though the bitcoin halving was touted as a positive catalyst. Imran catches up with JJ (the JLabs Janitor) who analyses crypto derivatives and gives his take on what’s happening in crypto options markets. Overall, they see the correction as a buying opportunity for medium investors but ca...
2024-04-19
35 min
Crypto Options Unplugged
BTC Vol looks expensive heading into the halving #12
In this week's episode, Imran and David analyze recent trends in crypto markets, including Ethereum's recovery and the impending Bitcoin halving. They discuss the impact of macroeconomic factors such as rising gold prices and international desires for lower US dollar values and interest rates. Additionally, they speculate on potential outcomes from Yellen's meeting with Chinese officials and explore strategies for capitalizing on high, yet possibly declining, option volatilities.
2024-04-09
30 min
Crypto Options Unplugged
Crypto markets pause for breath ahead of the halving #11
In this weeks episode Imran and David discuss the pause in the crypto rally which has led to some key supports being breached and what macro forces may be driving it. The stronger dollar and China needing BTC to look less appealing to stop capital flight are factors that David dissects in more detail. Imran catches up with Greg Magadini from Amberdata to find out what he has his eye on in crypto vol space. They discuss the steep ETH skew term structure and whether the BTC halving “event” risk is overpriced in options. Overall, the macro picture is unchanged from...
2024-04-02
31 min
Crypto Options Unplugged
The stars align for the next leg higher #10
In this week's episode Imran and David discuss the aftermath of a big macro week that saw huge swings in crypto prices. The BoJ was a damp squib as David had been expecting but the FOMC implicitly signalled their tolerance for above target inflation. We saw the first rate cut out of the SNB and expect synchronised easing by the summer across major central banks. ETF inflows slowed down and Greyscale liquidations weighed on the market but now that has cleared we may see inflows reaccelerate into quarter end. The options market preempted the weakness with put skew catching a...
2024-03-26
35 min
Crypto Options Unplugged
Healthy correction or something more sinister? #9
In this week's episode Imran and David cover the recent crypto correction and explore if the macro backdrop has changed. David is of the opinion that this dip is healthy and real money buyers are still to come in, given the smaller clip sizes seen in ETFs flows. Imran gives his usual update on crypto volatility, skew and options positioning where last week’s skew moves were a timely signal to get hedged.
2024-03-19
29 min
Crypto Options Unplugged
Bitcoin makes new highs but profit taking in calls signals caution #8
In this episode, Imran and David host Chantal Bradford from Deribit's institutional sales. They delve into Deribit's new altcoin options for XRP, SOL, and MATIC, and discuss recent platform improvements that appeal to institutional clients. Chantal shares her enthusiasm for the growing crypto options market and the promising future of ETF options in the U.S. David highlights encouraging macro trends, while Imran points out significant changes in ETH call skew, advising cautious optimism as certain key targets are achieved.h
2024-03-12
43 min
Crypto Options Unplugged
Does Bitcoin hit 100k before the halving? #7
In this week’s episode, Imran and David host special guest Manvir Nijhar, ex-head of UK equity derivatives at SocGen. Manvir is an active trader of crypto options on Deribit and gives some insight into the type of strategies he employs to profit from crypto volatility. As always, David gives his rundown on the macro forces that are supporting the latest move and Imran breaks down the key options flows that are moving the vol surface. David’s conclusion is to not fight the flows as the supply vs demand imbalance in Bitcoin is getting even worse as MicroStrategy raise more...
2024-03-05
44 min
Crypto Options Unplugged
How far can this crypto rally go? #06
In this week's podcast, Imran and David talk about the surging crypto prices ahead of the April Bitcoin halving. Despite profit-taking concerns, David remains bullish. Imran speculates on ETH's continued outperformance, citing a potential spot ETF approval in the Summer, and mentions bullish options flows. The discussion concludes with Imran sharing preferred hedging structures for a prudent approach in the current overbought market.
2024-02-27
39 min
Crypto Options Unplugged
The Bitcoin halving chase is on! #05
In this week’s episode: Imran and David explore the Bitcoin price surge driven by increased ETF inflows and anticipation of the upcoming "Bitcoin halving." They discuss macro factors affecting crypto, including hotter-than-expected inflation data. Imran analyzes option flows, emphasizing their impact on crypto volatility and ETH gamma positioning changes.
2024-02-14
36 min
Crypto Options Unplugged
Powell dashes march rate cut hopes as crypto takes a breather #04
In this podcast episode, Imran and David discuss the recent blowout non-farm payrolls data that has led to a shift in US rate cut expectations. David explains how the regional banking crisis may be re-emerging due to the refinancing needs on commercial real estate loans and how it is likely to impact FED policy. Imran analyses the recent collapse in crypto volatility and identifies some trading opportunities to either play a Lunar New Year Bitcoin rally or ETH medium term upside.
2024-02-07
34 min
Crypto Options Unplugged
Is ETH ready to resume the rally? #03
In this podcast episode, Imran and David discuss the continuation of Bitcoin ETF inflows that has helped catalyse the 10% bounce in the last week. David explains recent macro developments and why he holds the view that the Federal Reserve will cut rates in March , a move that will support crypto markets for the rest of the year. Imran questions whether ETH option dealer positioning will prove to be a resistance to strong gains in the near-term, as BTC once again leads the optimism in the space. They both still agree that ETH has the potential to vastly outperform Bitcoin this...
2024-01-31
30 min
Crypto Options Unplugged
Bitcoin breaks below 40k, what happens next? #02
In this podcast episode, Imran and David delve into the recent decline in cryptocurrency prices, exploring the factors influencing this market move and how investors are hedging against it. They also analyze recent developments in interest rates markets and examine the broader macroeconomic landscape's impact on the short and long-term prospects of cryptocurrencies. Imran breaks down the dynamics of cryptocurrency volatility, highlighting the resurgence of ETH call overwriters and their significant impact on ETH volatility pricing. The episode concludes with key insights and strategic considerations for positioning oneself for potential future outperformance of Ethereum later in the year when ETH...
2024-01-24
31 min
Crypto Options Unplugged
Crypto setting up for an explosive 2024 - #01
Episode 1: Get ready for an explosive 2024 as Imran and David discuss the current crypto setting in this debut episode. Explore the trends shaping the market and gain insights into potential opportunities and risks.
2024-01-19
29 min
CopperCasts
Shaun Fernando - Chief Risk Officer at Deribit - EP047
Tune into our latest Coppercast as Shaun Fernando, Chief Risk Officer at Deribit, joins our series 'Exchanges that have nothing to hide - conversations with the ClearLoop network'. Simon Morgan and Fragkiskos Gonidis of Copper speak with Shaun about risk management frameworks, tokenisation, and the increasing efficiencies blockchain provides compared to the traditional market infrastructure.
2024-01-08
39 min
Daily Crypto Report
"Open interest for BTC options reaches ATH on Deribit." Nov 18, 2023
Today's blockchain and cryptocurrency newsBitcoin is up slightly at $36, 441Eth is up slightly at $1,940Binance Coin is down slightly at $243WorldCoin price slides on Sam Altman OpenAI ousting.Fidelity plans ETH ETFSEC delays decision on Hashdex Nasdaq Ethereum ETFSEC delays Global X Bitcoin TrustOpen interest for BTC options hits ATH on Deribit.Get 15% off OneSkin with the code DCR at https://www.oneskin.co/ #oneskinpod Learn more about your ad choices. Visit megaphone.f...
2023-11-18
04 min
The Options Insider Radio Network
The Crypto Rundown 201: Talking Volatility, Volume and the XRP Aftermath with Deribit
Crypto Hot Seat: Luuk Strijers, Chief Commercial Officer at Deribit: On this episode, we talk with Luuk Strijers about zero fee trading on Deribit, tighter spreads, DVOL futures, Deribit OI record $20b in March, how lower volatility has been impacting OI over the last few months, regulation, and much more We also use Amerdata's crypto options analytics to look at Bitcoin and Ether volatility, skew, major options positioning, and more. Additionally, we look at some of the more active altcoins current in the market.
2023-07-17
49 min
The Crypto Rundown
The Crypto Rundown 201: Talking Volatility, Volume and the XRP Aftermath with Deribit
Crypto Hot Seat: Luuk Strijers, Chief Commercial Officer at Deribit: On this episode, we talk with Luuk Strijers about zero fee trading on Deribit, tighter spreads, DVOL futures, Deribit OI record $20b in March, how lower volatility has been impacting OI over the last few months, regulation, and much more We also use Amerdata's crypto options analytics to look at Bitcoin and Ether volatility, skew, major options positioning, and more. Additionally, we look at some of the more active altcoins current in the market.
2023-07-17
49 min
AD Derivs: Insights from Crypto Option Traders
AD Derivs. Podcast (Ep.33) - Pierino Ursone, Head of Options @Deribit
Pierino Ursone is the Head of Options over at Deribit, the worlds #1 crypto options exchange. Pierino started his career in the 90's as a market-maker at Optiver. After being a market-marker in the pits, Pierino managed a proprietary options book in the energy space.Pierino Ursone is also the author of the #4 best selling option book globally "How to Calculate Options Prices and Their Greeks" published by Wiley.Today we talk about Pierino's career background then dig into Deribit's launch of DVOL futures. You can learn more about Pierino Ursone h...
2023-03-22
27 min
Fintrender com Gustavo Cunha
#161 DERIBIT Opções Derivativos CRYPTO
Com Renan Ramos, Head LATAM da DERIBIT Links: Site deribit: www.deribit.com Para voce testar a Deribit com dinheiro ficticio: https://test.deribit.com/ Position builder: https://pb.deribit.com/BTC 0:00 Introdução 1:10 Como Renan começou em Cripto 5:19 O que é a Deribit 14:14 Como funciona a margem de garantia 17:14 Opções e futuros diários, semanais, mensais e trimestrais 18:48 Deribit é contraparte de alguma operação? 21:21 Concentração por cliente é grande? 23:47 Como foi 2022 e como está vendo 2023? 25:23 Os casos de default da 3-Arrows e o hack da hot wallet da DERIBIT 32:15 Proof of reserve e proof of liability 35:21 DEX de derivativos sã...
2023-02-15
58 min
Cryptocast | BNR
258 B: Hoe Deribit de bear market doorstond
Hoe gaat het met het Nederlandse Deribit? En hoe hebben zij de afgelopen bull- en nu bearmarket beleefd? Met mede-oprichter Marius, inmiddels actief voor Sentilia (dat software maakt voor Deribit) praten we bij over het bedrijf dat in 2020 naar Panama vertrok. Hoe hebben maken zij de bear market mee? En we krijgen een inkijkje in het domino-effect van 2022: over zakenpartner 3 Arrows Capital, de gekke bokkesprongen van Sam Bankman-Fried en verantwoordelijk leiding blijven geven. Co-host is Daniël Mol. Gasten Marius Jansen Daniël Mol Links De hack van Deribit...
2023-02-07
47 min
AD Derivs: Insights from Crypto Option Traders
AD Derivs. Podcast (Ep. 29) - Cryptarbitrage @Deribit
Matt (AKA: Cryptarbitrage) is currently working on the risk and product team at Deribit. Matt also created Deribit's option education series over the past two years. https://insights.deribit.com/options-course/Today we chat with Matt about his previous experience in professional poker, sport betting arbitrage and crypto exchange arbs. Twitter: https://twitter.com/cryptarbitrage
2023-02-02
30 min
On The Brink with Castle Island
Luuk Strijers (Deribit) on a New Model for Proof of Reserves
Deribit Chief Commercial Officer Luuk Strijers joins the show to talk about their new Proof of Reserve rollout. In this episode: Why Deribit decided to do a PoR What were the considerations going into it? What made Deribit cautious about the procedure? Which PoRs did Deribit look at for inspiration? Has Deribit received client feedback from the procedure so far? How does Deribit demonstrate asset ownership? Unique among exchanges, Deribit was able to do a PoR for all of your assets, and on a daily basis. How did they manage this? Why Deribit chose to release the full lis...
2023-01-17
39 min
Crypto Currency Chat
E456 - WEB SUMMIT 2022 / DERIBIT GETS ROBBED $28M / OPENSEA NOW AUTO-DETECTS STOLEN NFTS
Hello Cryptonauts, welcome back to another episode of Crypto Currency Chat. If you enjoyed this episode make sure to LIKE, SUBSCRIBE, COMMENT and SHARE SHARE SHARE! Thanks for watching. STACK SATS AND HODL! ADIOS! Articles https://cointelegraph.com/news/web-summit-lisbon-nov-2-latest-updates-from-cointelegraph-ground-team https://decrypt.co/113341/celsius-creditors-lawyer-looking-into-whether-firm-was-a-ponzi-scheme-report https://decrypt.co/113334/crypto-exchange-deribit-hacked-28m-bitcoin-ethereum-usdc https://decrypt.co/113320/binance-ceo-crypto-only-stable-thing-amid-financial-turmoil https://decrypt.co/113389/bitcoin-ethereum-stocks-fed-fourth-rate-hike https://decrypt.co/113332/opensea-now-auto-detects-blocks-stolen-nfts-disables-scam-links ⚡⚡⚡TIPS AND DONATIONS: C3 MEDIA (ZELCORE)⚡⚡⚡ COINTREE: https://cointr.ee/c3media
2022-11-07
31 min
Cryptocurrency news by Protos
Crypto crime spree continues with Deribit and Solend hacks
The world of crypto is a minefield of hacks, scams, and rug pulls. The maxim “not your keys, not your coins” advises against trusting centralized exchanges but, as today’s news about crypto exchange Deribit and lending protocol Solend shows, neither CeFi nor DeFi is safe from the near-constant efforts of exploiters.If you'd like to read this article and more, visit Protos.com. Hosted on Acast. See acast.com/privacy for more information.
2022-11-04
02 min
Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money
This Week in Crypto - Binance, FTX, Terra, Deribit
Binance invests $500M in Musk's Twitter takeover, Deribit Loses $28M, Terra Co-founder Do Kwon Faces $57M Class-Action Suit, and the top news, raises, and stats in the crypto ecosystem
2022-11-03
08 min
Connecting the dots in FinTech... by Marcel van Oost
Crypto exchange Deribit loses $28 million in a hack; & more!
Join our community. This podcast episode is sponsored by PrivacyLock. Privacy Lock helps you protect your business and consumers with patent-pending privacy technology. Penta Privacy Lock helps you track what information you have collected on your customers, so you can comply with data management requirements. Visit pentaprivacylock.com Welcome to your daily FinTech news! NEWS HIGHLIGHT Crypto exchange Deribit loses $28 million in a hack. According to Deribit's official Twitter account, one of the company's hot wallets was hacked by $28 million on Tuesday, November 1. Still, neither client assets nor its cold wallets were...
2022-11-03
04 min
Le Crypto Daily
02/11/22 - L'exchange Deribit victime d'un hack de 28M$
En 10minutes chaque jour, un résumé de l'actualité crypto NFT & métavers. ⏩POUR SUIVRE LE CRYPTO DAILY 😎 TWITTER : @LECRYPTODAILY LINKEDIN : LE CRYPTO DAILY INSTAGRAM : @LECRYPTODAILY TIKTOK : @LECRYPTODAILY 🔗 LES LIENS POUR EN SAVOIR PLUS 👇 https://cryptoast.fr/hacks-octobre-confirme-tendance-760-millions-dollars-vols-cryptomonnaies/ https://twitter.com/PeckShieldAlert/status/1587112410082512897 https://cryptoast.fr/freeway-suspend-retraits-rug-pull-160-millions-dollars/ https://journalducoin.com/exchanges/hack-de-deribit-28-millions-de-dollars-siphonnes-pour-la-plateforme-crypto/ https://www.journaldunet.fr/patrimoine/guide-des-finances-personnelles/1209340-cold-storage/ https://journalducoin.com/exchanges/hack-crypto-pirate...
2022-11-02
12 min
Daily Crypto Report
"Deribit loses $28M in hot wallet hack" Nov 02, 2022
Today’s blockchain and cryptocurrency newsBitcoin is down .5% at $20,435Ethereum is down slightly at $1555Binance Coin is down .5% at $319Deribit has been hacked — losing $28M out of a hot wallet. DeFi Protocol Solend loses $1.26M in exploit.BitMEX cuts staffGalaxy Digital could cut staff.Invictus Capital defaults on unsecured loan Learn more about your ad choices. Visit megaphone.fm/adchoices
2022-11-02
05 min
AD Derivs: Insights from Crypto Option Traders
AD Derivs. Podcast (Ep. 19) - Shaun Fernando - Chief Risk Officer & Head of Product Strategy @Deribit
Deribit is the world’s biggest crypto options exchange by volume, accounting for around 90% of the open interest for Bitcoin and Ethereum optionsWith its proprietary matching engine, Deribit is one of the most technically advanced crypto derivatives exchanges with co-location services in Equinix LD4 and sub-millisecond order RTTs.Shaun Fernando has a trading background and is the Chief Risk Officer at Deribit. We talk about Shaun's previous work experience, his day-to-day at Deribit and take a detailed look at major events, such as the ETH 2.0 merge.
2022-10-10
49 min
Brazil Crypto Report
Crypto Derivatives in Brazil with Renan Moraes Ramos of Deribit
Deribit's country manager joins to discuss the adoption of crypto options and futures markets in Brazil. We talk about Brazilian traders and financial institutions like hedge funds, prop trading entities, crypto exchanges and quantitative/HFT trading firms are increasingly using these products to generate alpha and hedge against risk. Follow and subscribe to Brazil Crypto Report at http://brazilcrypto.report/
2022-04-18
47 min
Brazil Crypto Report
🇧🇷 BCR Podcast: Crypto Derivatives in Brazil with Renan Moraes Ramos of Deribit
Hello frens - On this latest edition of the Brazil Crypto Report podcast, Renan Moraes Ramos of Deribit joins the show to discuss the growing use of crypto futures and options in Brazil and the rest of Latam. Deribit is by far the largest crypto options trading platform in the world by volume, so I enjoyed hearing from Renan how this segment of the market is evolving in Latam. We talk about Brazilian traders and financial institutions like hedge funds, prop trading entities, crypto exchanges and quantitative/HFT trading firms are increasingly using...
2022-04-18
47 min
Disruptivní Investování
#58 👨💻 Seznámení se službou Deribit
Každý týden píši newsletter pro investory. Emaily chodí každou středu, pokud newsletter nedostáváte, zkontrolujte si spam složku. Můžete se přihlásit k bezplatnému odběru, nebo mě podpořit měsíčním předplatným pomocí následujícího tlačítka.✉️ Odběr/podpora newsletteru 📺 Youtube Podcast 🎧 Spotify PodcastCo je DeribitDeribit je služba zaměřená na obchodování s bitcoinem a ethereem. V rámci této služby je například možné si vsadit na zvýšení ceny bitcoinu i či jeho pokles. Na tuto platfor...
2021-07-07
05 min
Cryptocast | BNR
Deribit naar Panama, introduceert daily options
Mede mogelijk gemaakt door: AMDAXDiverse nieuwtjes strijden hier om voorrang. Het belangrijkste is het vertrek van Deribit maar dat was al bekend. Nieuw is ook dat Deribit deze week daily options heeft geïntroduceerd: opties met een korte looptijd. Die nemen meteen 20% van de omzet voor hun rekening waarvan ongeveer de helft groei is. Marius Jansen zelf vertrekt mogelijk als COO om 'gewoon' adviseur te worden. Ook gaan we het nog hebben over de recente investering in Deribit die het bedrijf waardeerde op honderden miljoenen euro's. Nieuws: Tesla stijgt s...
2020-02-06
1h 03
Hup Bitcoin
Hup Bitcoin #5 met Marius Jansen over Bitcoin, Deribit, Libertarisme en het vertrek naar Panama
We spreken met mede-oprichter en operationeel directeur Marius Jansen van Deribit, de grootste bitcoin optiebeurs ter wereld. Hoe is het succes te verklaren van deze twee broers? Hoe hebben zij een miljoenenimperium uit de grond gestampt tussen het Aziatische en Amerikaanse beursgeweld? Interview: Wessel Simons, bitcoinmagazine.nl Shownotes: 00:30 start Bitcoin, terug in de tijd, libertarisme 06:30 Bitcoin als financieel systeem en het Lightning Network 09:00 Derivaten, wat zijn dat eigenlijk? 20:30 Bitcoin opties als (ander) product 23:30 Development van een handelssysteem, hoe gaat dat? 28:30 Huidige ma...
2020-02-04
1h 01
Bitcoin Journaal
Bitcoin Journaal #23: Deribit naar Panama, BUX Crypto, Nederlandse FIOD en miljoenen BTC op exchanges
Robin & Wessel bespreken samen de nodige nieuwtjes: - Deribit verhuist naar Panama - BUX neemt Blockport over en creëert nieuw merk: BUX Crypto - Miljoenen aan bitcoin opgepot op exchanges - Onderzoek Nederlandse FIOD naar crypto fraude
2020-01-10
34 min
Bitcoin Informant
#788 Ripple APP für SCB Bank, Derivatebörse Deribit Panama & Bitcoin Kalendar Gewinner
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 788. Heute sprechen wir über folgende Themen: Ripple führt Thailands älteste Bank ins digitale Zeitalter, Krypto Derivatebörse Deribit verlagert Sitz nach Panama & Bitcoin Kalendar Gewinner. 1.) Ripple führt Thailands älteste Bank ins digitale Zeitalter https://www.btc-echo.de/ripple-fuehrt-thailands-aelteste-bank-ins-digitale-zeitalter/ 2.) Krypto Derivatebörse Deribit verlagert Sitz nach Panama https://de.cointelegraph.com/news/crypto-derivatives-exchange-leaves-eu-for-panama-expands-kyc 3.) Gewinnspiel Bitcoin Kalendar 2020 - Gewinner: davyjohns Telegram Kanal: https://t.me/bitcoininformant Steemit: https://steemit.com/@denniskoray Instagram: https://www.instagram.com/denniskoray/ Facebo...
2020-01-10
07 min
End of the Chain
Liquidity Attracts Liquidity - Marius Jansen COO Deribit
About this episode What are the difficulties of starting and running a crypto exchange? Marius sat down for an hour to discuss Deribit, its creation, working with his brother and what lies next. Marius' Links Twitter Linkedin Show Transcription Notes Where to find the show iTunes | Spotify | Stitcher | Youtube | RSS Feed What to listen for How Marius got into Bitcoin with his brother and how they started Deribit. How he navigates running a family business. What his personality is and how it complement his brothers. How he preforms...
2019-11-07
00 min