Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bybit
Bybit to Ignite Token 2049: A Web3 Powerhouse Takes Center Stage
Dubai, United Arab Emirates, September 9th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is set to ignite at Token 2049 Singapore, one of the largest and most anticipated gatherings for the blockchain industry. With a series of high-profile events and thought leadership initiatives, Bybit aims to solidify its position as a frontrunner in the evolving Web3 landscape. Bybit's Booth at Token 2049 At Token 2049, Bybit will also have a prominent booth where visitors can engage…
9 months ago
Implied Volatility Soars as Perp Open Interest Drops, New Bybit Report Reveals
Dubai, United Arab Emirates, September 6th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Block Scholes Crypto Derivatives Analytics Report, offering critical insights into the current state of the cryptocurrency market. This week’s report dives deep into macro events, trading signals, and the ongoing shift in sentiment within the crypto derivatives space, highlighting the significant increase in implied volatility and growing bearish outlooks across the board. Following last week’s dip in spot prices,…
9 months ago
Crypto Payments with the Pre-Registration of Bybit Card are Coming to Brazil
Dubai, United Arab Emirates, September 3rd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of the Bybit Card in Brazil. This marks a milestone in the company's global mission to empower crypto users. Now, Brazilian users can integrate crypto payments into their daily lives at millions of merchants worldwide. Pre-Registration and Referral Bonuses To kick off the launch, Bybit is offering users in Brazil a chance to earn substantial rewards through…
9 months ago
Bybit Powered by SATOS Launches Trading Competition with Exclusive Rewards for Dutch Traders
Amsterdam, The Netherlands, September 3rd, 2024, Chainwire Bybit Powered by SATOS is thrilled to announce new prize pools totalling 30,000 USDT, with exclusive Margin Trading rewards for users in the Netherlands. From now until September 11, traders can sign up for a chance to maximize their potential returns, leveraging Bybit’s market-leading tools and offerings. Participants taking the opportunity to boost their trading volumes are invited to unlock multiple perks and explore the power of Margin Trading. Trading can allow participants…
9 months ago
Spending Crypto Anywhere: Bybit Powered by SATOS Brings Crypto Convenience to the Netherlands with Launch of Bybit Card
Dubai, United Arab Emirates, September 2nd, 2024, Chainwire Bybit Powered by SATOS is thrilled to announce the launch of the Bybit Card in the Netherlands. This innovative debit card empowers users to seamlessly utilize their crypto assets for everyday transactions, from purchasing groceries at Albert Heijn to enjoying a coffee at the train station. Bybit Card is set to revolutionize how Dutch users engage with their cryptocurrency assets. The Bybit Card offers a unique opportunity for users in the Netherlands,…
9 months ago
Bybit Powered by SATOS Marks a New Chapter in the Netherlands with the Grand Opening of New Amsterdam Office
Dubai, United Arab Eimrates, August 26th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the grand opening of its new office in Amsterdam on Aug. 22, 2024. This event marks a significant chapter in Bybit's European expansion but also underscores their commitment to compliance, innovation, and growth within the Dutch market. The new office in Amsterdam serves as a testament to Bybit's dedication to the local crypto community, bringing tailored opportunities and benefits to Dutch users.…
10 months ago
$DOGS Token Launches on Bybit: What Traders Should Know
Dubai, United Arab Emirates, August 21st, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is listing the highly anticipated $DOGS token on its Spot trading platform. The listing will go live on August 26, 2024, at 12:00 UTC. This new edition reflects Bybit's dedication to offering its global trading community the latest and most exciting tokens. As one of the recommended crypto exchanges to support the $DOGS airdrop, Bybit is committed to offering its global trading community the…
10 months ago
Bybit Announces Sponsorship of BOB2024: Celebrating Onsen Culture and Enjoying Music in Beppu, Japan with Exciting Rewards
Dubai, United Arab Emirates, August 20th, 2024, Chainwire Bybit, the world's second-largest crypto exchange by trading volume, is excited to announce its sponsorship of #BOB2024 (Beppu Bukkake Onsen Fes 2024), a renowned music festival celebrating the vibrant onsen culture of Beppu, Japan. The two-day event is scheduled to take place from August 31 to September 1, featuring 9-hour shows per day, and expecting over 10,000 party goers. Over 20 of Japan's top artists and pop stars will join and perform…
10 months ago
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BybitBybit Surpasses 40 Million Users, Gains 10 Million New Users in Less than 90 Days
Dubai, United Arabs Emirates, August 16th, 2024, Chainwire Bybit, the world's second-largest crypto exchange by trading volume, is thrilled to announce a major milestone as its registered user base surpasses 40 million worldwide. This extraordinary achievement underscores Bybit’s rapid growth and solidifies its position as a preferred platform for millions of crypto enthusiasts and traders globally. With its unwavering commitment to user satisfaction and innovation, Bybit has witnessed an astonishing surge of 10 million new users within just 90 days.…
10 months ago