🚀Deribit, the options market giant, plans to introduce linear options for XRP, SOL, and MATIC by January, despite a drop in trade activity in Bitcoin futures. The company's CCO, Luuk Strijers, is optimistic about the new offering, anticipating a volatility uptick. 🌐
The crypto world is buzzing with expectations around the possible U.S. approval of Ether futures ETFs and Bitcoin spot ETFs, which could reinvigorate the market's volatility. Deribit also plans to diversify its cryptocurrency offerings and obtain an EU brokerage license, potentially moving its base from Panama to Dubai. 💼
As volatility measures for Bitcoin and Ether near historic lows, Deribit's altcoin linear options could emerge as a smarter hedging mechanism for well-rounded crypto portfolios. However, the company's primary objective remains capitalizing on derivatives trading, not competing with traditional token sale platforms. 🎯
The crypto world is buzzing with expectations around the possible U.S. approval of Ether futures ETFs and Bitcoin spot ETFs, which could reinvigorate the market's volatility. Deribit also plans to diversify its cryptocurrency offerings and obtain an EU brokerage license, potentially moving its base from Panama to Dubai. 💼
As volatility measures for Bitcoin and Ether near historic lows, Deribit's altcoin linear options could emerge as a smarter hedging mechanism for well-rounded crypto portfolios. However, the company's primary objective remains capitalizing on derivatives trading, not competing with traditional token sale platforms. 🎯