TraderS | 缺德道人|Aug 12, 2026 12:23
This afternoon, I opened a position on Coinbase $COIN and then closed it because I realized the so-called news about Coinbase and Deribit merging on September 9th was actually old news. The deal was announced on May 8, 2025, and officially closed on August 14, 2025—this Friday marks the one-year anniversary.
But I just reopened a position because Coinbase's stock price is indeed at a low point. What if the market uses this 'fake news' to actually pump the price?
The real event happening on September 9, 2026, is a platform-level business integration, which will include account consolidation and unified liquidity. Plus, Deribit itself is a profitable platform, so this merger is a complementary move. From a mid-to-long-term perspective, it does look promising.
All in all, $150 isn’t a high price, and the risk-reward ratio for going long is still decent.
@BITstocks_CN Buy U.S. stocks on BIT—10,000+ U.S. stocks and ETFs, real holdings, and enjoy dividend payouts.
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