welcome
CoinGape

CoinGape

Business

Business & Economics

Crypto Exchange Coinbase in Final Talks To Acquire Deribit Platform; Report

CoinGape
Summary
Nutrition label

71% Informative

Deribit's 2024 trading volume hit $ 1.2 T, 2.5x more than 2023, showing massive growth in crypto derivatives.

Deal would enable Coinbase to enter into the crypto derivatives market, a segment that has experienced significant growth in the past few years .

Kraken recently announced it was acquiring NinjaTrader , a retail futures trading platform.

The proposed deal comes amid a competitive landscape in the crypto exchange market.

VR Score

53

Informative language

43

Neutral language

51

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.