The biggest cryptocurrency news of the week did not come from a price chart. It came from a stage in Singapore. Coinbase said there that it has finished folding Deribit into one venue, named Coinbase Global Exchange. Coinbase paid about $2.9 billion for Deribit. That exchange held more than $30 billion in open Bitcoin options on September 30, per The Block. Prices did the opposite, with Bitcoin down to $82,878 on October 8. Builders kept shipping while traders sold. The sponsor of this report is Pepeto, a small presale that also wants to run an exchange.
What Is the Top Cryptocurrency News From TOKEN2049 Singapore?
Coinbase told the TOKEN2049 crowd in Singapore that Deribit is now part of its platform. The Block reported it on October 6. The firm says traders in the United States and abroad will share one pool of options and futures. That is a first. Big funds can sign up now through Coinbase Prime. Coinbase Pro returns by the end of the year. The event drew about 25,000 people, per Crypto Times. Exchanges are getting bigger and face more rules. That sets a high bar for any newcomer.
Exchanges Big and Small: Two Large Coins in This Week’s Cryptocurrency News and One Presale
Pepeto: A Small Exchange Project Still in Presale
Next to a $2.9 billion deal, Pepeto is tiny. Readers should also know it paid for this article. The project is a meme token built on Ethereum, and it has not launched on any market.Moving a token from one chain to another can be slow. A failed transfer can leave funds stuck. Pepeto says its bridge locks tokens on the first chain and mints the same amount on the second.
The project puts the trip at under a minute, with no bridge fee. If a transfer fails, the project says the lock is undone and the tokens come back. It also describes a swap exchange with limit orders and no trading fee. None of this was tested for this report.
On the project’s site, a token sells for $0.00000019 in the current stage. The raise has passed $11.2 million. A stage ends when its target is hit or its timer runs out. The next one costs more. The site shows staking at 161% a year, a rate that is not fixed and can drop.
Three facts keep this in the high risk box. First, the only outside review dates from October 2024, when SolidProof audited the token’s code and flagged nothing serious. The bridge and the exchange were outside its scope. Second, the team is not named. Third, no exchange has said it will list the token, and the project gives no date.
Coinbase needed years, licenses and billions of dollars to reach this week’s headline. A presale is the very first step on that road, and many projects never finish it. Buyers should be ready to lose all of it.
Ethereum: What Did Tom Lee Say About BitMine’s Buying?
Ethereum trades at $2,500 after losing about 2% in a day. Its cryptocurrency news from Singapore cut both ways. BitMine chairman Tom Lee said the firm will stop buying once it owns 5% of all ETH. It already holds about 4.9%, or 6.016 million coins. So one of the largest buyers needs only about 100,000 more. ETH has a floor near $2,500, and a break under it would point to $2,350.
Cardano: Did the Midnight Keynote Move ADA?
Cardano is at $0.24, down about 4% on the day. Founder Charles Hoskinson used his Singapore keynote to pitch Midnight. He says he has put about $200 million into that privacy chain. ADA had its own run first. It closed near $0.2704 on October 5 after the RealFi launch on October 1, The Crypto Basic reports. ADA needs to win back $0.27 before the trend looks healthy again.
Conclusion
The lesson from Singapore is plain. The big exchanges are getting bigger, more useful and more tightly ruled. That is the thread running through the cryptocurrency news from the event. Coinbase now links two markets. A major Ethereum buyer is close to done. Cardano is selling a privacy story. Pepeto is at the other end. Its token is unlisted, its builders are not named, and only the token contract has been audited. The terms of the sale and the audit report can be found on the Pepeto official website. Treat it as a long shot and keep the amount small.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the biggest cryptocurrency news this week?
The biggest cryptocurrency news is Coinbase finishing its Deribit merger, reported on October 6, 2026. The new Coinbase Global Exchange joins United States and overseas options trading in one pool.
Is Pepeto an exchange like Coinbase?
No. Pepeto is a presale project that says it runs a small swap exchange and a bridge. Its token is not listed. For terms, see the Pepeto official website.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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