U.Today brings you the latest cryptocurrency news. Coinbase has made a record-breaking acquisition, acquiring crypto options trading giant Deribit for $2.9 billion, marking its largest deal to date in the industry. This move strengthens Coinbase’s position in the burgeoning derivatives market. In other developments, the SEC and Ripple have reached a settlement agreement, but details about the finalized terms remain confidential pending Judge Analisa Torres’ indication on the matter. Meanwhile, 6.71 trillion SHIB tokens traded in 24 hours, indicating a potential bullish trend for the Shiba Inu token. This massive surge comes amidst signs of a tightening consolidation pattern and increased on-chain activity from institutional investors.