Episode Details
| Title | Weekly Roundup 05/09/25 (GENIUS stalls, Coinbase buys Deribit, Bessent on stables) (EP.622) |
|---|---|
| Date | 5/9/2025 |
| Podcast | On The Brink with Castle Island ↗ |
Key Insights
Bullish:
- 🟢 $COIN - Coinbase's acquisition of Deribit, the largest Bitcoin options marketplace, is seen as a significant expansion into a new line of business, potentially boosting Coinbase's market position and offerings.
- “No chance this would have happened if Biden and Gensler were around. So Derbit's the largest options marketplace. This I mean, they're much bigger than the CME in Bitcoin options. So big, big deal for Coinbase. Gets them into a totally new line of business, really.” - Nic (4:05)
- 🟢 $STABLES - 🔒
- 🟢 $BANKCRYPTO - 🔒
- 🟢 $BTC - 🔒
- 🟢 $STRIPE - 🔒
- 🟢 $TOKENSEC - 🔒