According to Aggr News, Coinbase is reportedly in advanced negotiations to acquire the crypto exchange Deribit. This potential acquisition could enhance Coinbase's presence in the derivatives market, providing traders with broader options for futures and options trading. The move aligns with Coinbase's strategy to expand its product offerings and capture a larger market share in the crypto sector. The report by Bloomberg highlights the significance of such a deal in reinforcing Coinbase's competitive edge in the fast-evolving digital asset trading space.

According to WallStreetBulls, Bitstamp is constructing an entire derivatives market on the XRP Ledger (XRPL), positioning RLUSD as a fully regulated stable currency. This comes amid criticism of USDT for allegedly being printed to inflate Bitcoin prices and using BTC as reserves, raising concerns about its stability.

According to CCData, Binance maintained its position as the leading player in the derivatives market, capturing a 39.9% market share with a trading volume of $3.02 trillion in December, even as it hit its lowest market share to date. This dominance indicates strong trading activity on Binance, potentially offering liquidity advantages for traders. (Source: CCData)