October 5, 2024 at 03:13 AM GST updated: October 5, 2024 at 01:56 AM 3 mins read News Binance provides a comprehensive ecosystem with diverse trading options and user education resources for all traders. Coinbase simplifies cryptocurrency trading for newcomers while offering advanced tools for experienced traders through Coinbase Pro. Kraken prioritizes security and user…
According to a report released by digital asset data provider CCData on Oct. 3, Binance’s market dominance has declined significantly. Its spot market share has fallen to 27%, the lowest level since January 2021, according to the report. It stated that in September, Binance’s spot trading volume dropped by 22.9% to $344 billion, marking the…
Native cryptocurrency traders now have the opportunity to use advanced cross-asset trading methods. Bybit customers now have access to international markets, including important benchmarks in China and Hong Kong. With the addition of indices trading, Bybit—the second-largest cryptocurrency exchange globally based on trade volume—has enhanced its MetaTrader 5 (MT5) platform even further. Bybit customers now…
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key…
September 27, 2024 at 03:40 PM GST updated: September 27, 2024 at 03:20 PM 2 mins read News A drop below $63,573 could liquidate over $724M in long positions, potentially causing a sharp market decline. A price rise above $65,707 could trigger $596M in short liquidations, pushing Bitcoin’s price even higher. High leverage increases risk,…
September 26, 2024 at 05:55 PM GST updated: September 26, 2024 at 05:46 PM 2 mins read News Crypto News Land and Bybit join forces to launch a series of reward campaigns. The crypto media company is celebrating 500,000 website users and wishes to celebrate. With this campaign, Crypto News Land is giving back to…
Efforts to improve Bybit’s worldwide compliance have made great progress. Over 130 million wallet addresses over 30+ chains have been integrated by the platform’s Web3 team. Bybit has solidified its place as the chosen platform for millions of crypto enthusiasts and traders globally, and the latest astounding feat shows its fast expansion. As its registered user…
Bybit exchange has launched new products that are compliant with Shariah law as it targets Islamic investors. The exchange is targeting two billion Muslims worldwide, who have a combined $3.9 trillion in Islamic finance. Bybit, one of the world’s largest exchanges, has launched new products that are compliant with Islamic law, including accounts with zero…
Crypto exchange Bybit has introduced an Islamic crypto account tailored to its Muslim users, according to a Sept. 24 statement. Bybit CEO Ben Zhou shared the update in a social media post on X, stating: “[The] World first Crypto Islamic account is now fully live on Bybit. Shariah-Compliant and Initial offerings include spot trading (limited…
Bybit launches the world’s first Shariah-compliant Islamic crypto trading account. Partnership with ZICO Shariah ensures compliance with Islamic financial principles. In a notable move, crypto exchange platform Bybit has launched the world’s first Shariah-compliant Islamic account, catering to the growing demand for halal financial products in the cryptocurrency space. This innovative account offers services that…
Exchange News Catizen ($CATI) has successfully been listed on Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. The listing went live today at 10 AM Dubai time. Bybit’s remarkable dependability and leadership in the digital asset space are further shown by the fact that it is the first exchange to successfully distribute…
Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined. Bybit’s Chris Aruliah…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
September 17, 2024 at 04:23 AM GST updated: September 16, 2024 at 10:27 PM 2 mins read News Expanding cryptocurrency trading has facilitated platforms such as Kraken, MEXC, OKX, Bybit, and Binance to offer advanced options for margin trading. These platforms have given traders access to high liquidity and diverse leveraged products to enhance their…
September 17, 2024 at 03:45 AM GST updated: September 17, 2024 at 02:37 AM 2 mins read News Bybit secures a pivotal provisional license from Dubai’s VARA, enhancing its global blockchain presence. UAE expands crypto operations nationwide with new regulations, boosting Bybit’s strategic positioning in Dubai. Bybit elevates its role in Dubai, transitioning from ecosystem…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bybit, a prominent cryptocurrency exchange, has secured a provisional license from Dubai’s Virtual Asset Regulatory Authority (VARA). According to the announcement, the non-operational license marks a significant milestone in the company’s efforts to expand its global footprint and aligns with Dubai’s vision of becoming a leading hub for blockchain…
The Solana network is experiencing an increased influx of users and a “break-through moment,” thanks to the introduction of liquid staking on the blockchain. A new report by the leading cryptocurrency exchange, Bybit, stated that Solana’s liquid staking model, especially the exchange-launched liquid-staked SOL, would mobilize masses and accelerate the onboarding of retail users in…
Bybit outperforms Binance and Coinbase with an impressive 2738% average Day 1 token price surge. Bybit’s regulatory progress in Kazakhstan signals its influence in the crypto market. A recent report by Simplicity Group Research reveals that Bybit has emerged as the leading platform for Day 1 token price performance, surpassing Binance and Coinbase. The report…
The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on Bybit, Bitfinex, and Okx, but has not given word on a possible Binance listing yet. Hamster…
September 8, 2024 at 04:28 PM GST updated: September 8, 2024 at 11:55 AM 2 mins read News Bybit and Binance gained full approval in Kazakhstan, enhancing their global reach as regulated Digital Asset Trading Facilities. Kazakhstan’s strict regulations boost its role as a crypto powerhouse, with Bybit and Binance leading the way in digital…
September 8, 2024 at 05:00 AM GST updated: September 7, 2024 at 05:47 PM 2 mins read News Despite the increased popularity and adoption of cryptocurrencies, centralized exchanges remain significant places in trading and investing. Some of the platforms that have attracted people’s attention are Bitstamp, Bybit, KuCoin, Coincheck, and Kraken. These exchanges have carved…
September 6, 2024 at 02:30 AM GST updated: September 5, 2024 at 11:56 PM 2 mins read News Bybit launches bbSOL, the first exchange-backed LST on Solana, enhancing liquidity and security. bbSOL partners include Sanctum, Kamino Finance, Orca, and Solayer, bolstering Solana’s ecosystem. bbSOL enables SOL stakeholders to participate in passive income and governance on…
A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market Stability Highlighted in New Report Despite Bitcoin Sell-Off The joint report from Block Scholes and Bybit…
Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that he claims significantly…
Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Related Reading Exchanges Hint At New Solana-Based…
Crypto exchanges Binance and Bybit have hinted at launching a new Solana-related product, sparking speculation that they may enter the Solana liquid staking market. On Aug. 13, Binance’s official X account posted a cryptic “BNSOL” message followed by “coming soon” in a subsequent comment. Shortly after, Bybit announced the introduction of a new product, “bbSol,”…
August 27, 2024 at 03:45 AM GST updated: August 27, 2024 at 01:00 AM 3 mins read News Bybit strengthens its Dutch market presence with a new Amsterdam office powered by a strategic partnership with SATOS. Bybit.nl offers localized services to Dutch users as Bybit opens its Amsterdam office, reinforcing EU compliance and innovation. Bybit’s…
August 26, 2024 at 12:53 PM GST 2 mins read News Binance holds 89 billion DOGS, including 42.57 billion pre-deposit, 22 billion Launchpool, and 24.3 billion pre-deposit reward. Bybit pre-deposits 51.3 billion DOGS, while OKX holds about half of Bybit’s pre-deposit amount for the memecoin launch. The TON API supports developers with real-time updates and…
Specifically, it illustrates how TON’s close partnership with Telegram is propelling adoption. The integration of TON-based decentralized apps with Telegram has been very successful so far. In its first TON ecosystem report, Bybit—the second-biggest cryptocurrency exchange globally based on trading volume—updated readers on The Open Network’s progress toward bringing almost one billion Telegram users into the Web3…
On its Spot trading platform, Bybit—the second-largest cryptocurrency exchange globally based on trading volume—is listing the much awaited $DOGS token. At 12:00 UTC on August 26, 2024, the listing will go live. Bybit’s commitment to provide the newest and most interesting tokens to its worldwide trading community is reflected in this new version. Bybit, as one…
ByBit, a cryptocurrency exchange, is bolstering the crypto ecosystem in Cyprus by acquiring an operating license, filling the void left by Binance’s departure from the country. Bybit, one of the world’s top cryptocurrency exchanges, has received approval for a license to operate as an exchange and custody service in Cyprus. With this license, Bybit will…