According to QCPgroup, recent analysis highlights increased activity in the Bitcoin options market, with notable spikes in open interest and implied volatility. The report indicates a shift in sentiment among institutional traders, focusing on near-term contracts and higher strike prices. QCPgroup also notes that the current options skew suggests market participants are positioning for significant price movements in the coming weeks, which could drive short-term volatility in Bitcoin and related altcoins. Traders should closely monitor options flows and volatility indices, as these metrics provide leading indicators for potential market breakouts and strategic entry points. Source: QCPgroup Twitter (May 13, 2025, https://twitter.com/QCPgroup/status/1922221040559599756)

According to @charlesdhaussy, Coinbase has officially acquired Deribit, the leading cryptocurrency derivatives exchange. This strategic move positions Coinbase to dominate the crypto options and futures trading market, potentially increasing institutional flow and liquidity across Bitcoin and Ethereum derivatives. Traders should monitor shifts in open interest and volume on Coinbase and Deribit platforms, as this acquisition is likely to introduce new trading products and expand U.S. regulatory influence in global crypto derivatives markets (source: @charlesdhaussy, May 8, 2025).