Bybit

[PRESS RELEASE – Tokyo, Japan, April 25th, 2024] Leading crypto trading platform Bybit is hosting the Initial DEX Offering (IDO) for Slash (SVL), a decentralized payment protocol designed to transform how merchants and consumers use digital tokens for transactions. Immediately following the IDO’s conclusion, the SVL token will be listed on the Bybit spot exchange and made available for trading on April 29, 2024, at 10am UTC. To participate in the IDO, users must ensure they have a Bybit Wallet…

Dubai, UAE, April 23rd, 2024, Chainwire In a riveting panel discussion hosted by Bybit, one of the world’s top three crypto exchanges by volume, key figures from the crypto industry gathered to discuss crypto and global finance. The panel, which included Bybit’s Hao Yang, OKX’s Lennix Lai, and Willis Croft of Wintermute, explored the impact of Bitcoin halving, the influence of institutional investments, and the significance of macroeconomics. The  Impact of Bitcoin Halving Historically, Bitcoin halvings have spurred significant price…

Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges (CEXs) from October 2023 to March 2024. During that timeframe, the crypto sector’s market cap surged from slightly above $1 trillion to over $2.5 trillion. Bullish Trends and BTC as a Hedge According to the report, OKX’s trading volumes have soared by an impressive 278% since October of last year, with Binance following closely behind with a 239% increase. Bybit Exchange emerged as one…

The post Sharky Protocol Successfully Launched and Listed $SHARK Token on Bybit and MEXC Crypto Exchanges  appeared first on Coinpedia Fintech News After months of meticulous research and planning, Sharky ($SHARK) protocol, the first escrow-less and leading NFT lending platform on the Solana (SOL) ecosystem, successfully conducted its Token Generation Event (TGE) on Tuesday, April 16, 2024. The distribution of $SHARK tokens took place on the Jupiter Exchange, with priority being given to its OG user base and various Solana…

Cryptocurrency exchange and trading platform, Bybit has released a new report highlighting the impacts of the upcoming Bitcoin halving event on the supply dynamics of Bitcoin within exchanges in the crypto space. The crypto firm has provided valuable insights on how the halving event would enhance scarcity and considerably influence the price of BTC.  Exchanges Set To Face Bitcoin Supply Crunch On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set…

Velar is listing its token $VELAR on Bybit, a top crypto exchange, aiming to bring over $1 trillion in dormant Bitcoin to DeFi. With innovative features like perpetual DEX and up to 20x leverage, Velar empowers users to maximize the utility of their BTC holdings. Velar, a Bitcoin liquidity protocol, is set to revolutionize the decentralized finance (DeFi) landscape by launching its native token, VELAR, on Bybit, a top-tier cryptocurrency exchange. This move signals a significant leap forward in Velar’s…

In the rapidly changing domain of cryptocurrencies, Bybit emerges as a trustworthy exchange for conducting digital assets and derivatives transactions. It harnesses advanced features to ensure a safe and efficient crypto trading experience. Well-known amongst sports enthusiasts, Bybit has sponsored renowned entities like the Borussia Dortmund football club and F1 team Oracle Red Bull Racing. So, what does this sought-after platform provide, and how can you become a part of it today? Let's delve into how Bybit caters to crypto…

Singapore-based crypto exchange, Bybit, has completed a $50 million deal with F1 giant, Red Bull Racing. Prior to the multi-year partnership with Bybit, Red Bull signed a $300 million deal with the software firm Oracle a week ago. Bybit’s recent deal however goes down as the biggest yet between a crypto and sports entity in history, on a per-year basis. Bybit was founded in 2018 and has rapidly grown to command more than six million active users globally. Its COO…

Bitcoin (BTC) failed at its first attempt to hit $50,000 after hitting a new all-time high on Sunday. The sharp correction that occurred in today's early hours has led several crypto traders to count their losses.  Bitcoin Hits New All-time High Before Correction Buoyed by the news of potential adoption by financial institutions, the price of Bitcoin enjoyed positive gains during the weekend. Starting at $46,000 on Friday, bitcoin continued to make steady upward movements.  On February 14, the leading…