BlackRock Dethrones Coinbase in Bitcoin Options – Why Bitcoin Hyper Presale C...
BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed Coinbase’s Deribit platform, becoming the largest venue for Bitcoin options globally. Open interest in options tied to IBIT recently reached nearly $38B, compared to $32B on Deribit, according to a Bloomberg report. Deribit was founded in 2016 and has been the market leader for Bitcoin derivatives for the longest time. In contrast, launched only in November 2024, IBIT is relatively new to the options trading market. Its early and rapid adoption has turned heads in the crypto world. IBIT has had a remarkable growth since its....
Related News
The Bitcoin Hyper ($HYPER) presale continues to heat up, with whales buying $64K worth of $HYPER tokens over the past weekend. This saw the project raise over $16M on its ongoing fundraiser. As a Layer 2 project, Bitcoin Hyper ($HYPER) has the potential to transform the Bitcoin ecosystem and make transactions faster and cheaper, while […]
The Bitcoin Hyper presale has just hit $10.1M three months after it started in May, making it one of the most successful presales of 2025. The increase in investor interest comes as a response to the project’s utility and growing trust in its long-term potential. But what does Bitcoin Hyper do? In short, it aims […]
Bitcoin Hyper ($HYPER) took a leap forward this week with its plan to bring high-speed, low-cost transactions and smart-contract functionality to Bitcoin via a Solana Virtual Machine (SVM) rollup architecture. The project will position the world’s largest crypto asset for everyday payments and scalable on-chain apps while preserving Bitcoin’s settlement assurances. The $HYPER presale has […]
Whales just dropped nearly $100K into Bitcoin Hyper ($HYPER) within two hours today – a $87K buy followed by another $12.7K minutes later. That takes the project’s viral presale haul past $18M, a number that puts it firmly on the radar of both retail speculators and seasoned traders. Whales don’t usually bother with presales. They […]
On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies. Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto Coinbase’s institutional arm will help the world’s largest asset manager, Blackrock (NYSE: BLK), provide Aladdin’s institutional clients with access to digital currencies. The company noted that Blackrock chose Coinbase due to the....