برچسب: with

  • Vietnam Launches Crypto Trading Pilot with Bybit to Regulate Boomi…

    Vietnam Launches Crypto Trading Pilot with Bybit to Regulate Boomi…


    YEREVAN (CoinChapter.com) — Vietnam’s Ministry of Finance has partnered with cryptocurrency exchange Bybit to test a regulated digital asset trading platform. The initiative introduces a sandbox model to study market behavior, compliance, and infrastructure within a controlled setting.

    On April 17, Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou in Hanoi. According to the official press release, Zhou confirmed that Bybit would assist with technical implementation, including transaction monitoring and anti-money laundering controls.

    Vietnam Bybit Crypto Partnership Meeting. Source: PR Newswire
    Vietnam Bybit Crypto Partnership Meeting. Source: PR Newswire

    The pilot does not name any specific cryptocurrencies yet, but Bybit’s core offerings include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), making them likely candidates.

    Regulatory Draft Expected in May

    The Finance Ministry plans to submit a draft resolution outlining the pilot’s operational model in early May. The document will define oversight mechanisms and criteria for evaluating the sandbox’s performance.

    Vietnam has previously studied digital asset frameworks in regions such as the UAE and Singapore. This pilot is the country’s first move toward applying those insights to a live trading setting.

    Data collected during the trial will inform broader legislation. The aim is to test real-time compliance, user behavior, and risk protocols.

    Vietnam’s Crypto Adoption Rate Among Highest Globally

    Vietnam ranks fifth worldwide in cryptocurrency ownership. Reports from Chainalysis and Triple A estimate over 17 million residents hold digital assets.

    Vietnam Ranks 5th in Global Crypto Adoption. Source: Chainalysis 2024
    Vietnam Ranks 5th in Global Crypto Adoption. Source: Chainalysis 2024

    Factors behind this high adoption include limited banking access and a growing population of tech users. Until now, activity in the crypto space has operated without official regulation, leaving users exposed to unvetted platforms and scams.

    This pilot aims to bring oversight to that market by building legal pathways for compliant platforms.

    Bybit Provides Technology and Compliance Support

    Bybit will supply core systems and advisory input to support platform infrastructure and governance. The exchange will also help design identity verification processes to align with Vietnam’s financial standards.

    Ben Zhou confirmed Bybit’s intent to work directly with government agencies. The company currently holds regulatory status in Dubai and Kazakhstan.

    Vietnam’s choice to collaborate with an international exchange reflects its strategy to draw on external expertise while shaping localized oversight.

    The sandbox format allows regulators to observe activity before writing permanent laws. It also lets participants trial new services without the constraints of full licensing.

    Several countries have used this approach to build crypto legislation incrementally. Vietnam will apply the same model to gather empirical data and define best practices tailored to its own financial system.

    Officials will monitor trading activity, system integrity, and operational risks under defined limits to ensure market safety.

    The pilot exchange may increase investor interest by offering a monitored, legal environment. It also signals Vietnam’s intent to participate in global financial technology shifts without delay.



    Source link

  • Crypto Analysts Are Eyeing This $0.003 Token With Bigger Potential Than Bitcoin, ETH, and XRP!

    Crypto Analysts Are Eyeing This $0.003 Token With Bigger Potential Than Bitcoin, ETH, and XRP!


    A digital token costing just $0.003 is capturing the attention of cryptocurrency analysts. Some believe this undervalued asset could outperform major cryptocurrencies like Bitcoin, Ethereum, and XRP. Enthusiasm is building around its potential for significant gains in the market. What sets this token apart, and why are experts so excited about its future prospects? Could this be the opportunity investors have been waiting for?

    $XYZ Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI

    XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto. Designed for hardcore fans of football, basketball, MMA, and esports, this project goes beyond just being another token—it’s a growing community built around passion for the game.

    With the bold Greatest of All Time (G.O.A.T.) vision, XYZVerse is aiming higher than the average meme coin. And people are taking notice—it has recently earned the title of Best New Meme Project.

    What sets $XYZ apart? It’s not a short-lived trend. This project has a clear roadmap and a dedicated community focused on long-term growth.

    Fueled by the sports mentality, the $XYZ token has emerged as the ultimate contender ready to crush competitors. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto.

    $XYZ Already Delivers Even Before Hitting the Market

    The $XYZ presale is underway, providing access to the token at a special pre-listing price.

    Launch Price: $0.0001

    Price Now: $0.003333

    Next Stage: $0.005

    Final Presale Price: $0.02

    Following the presale, the $XYZ token will be listed on major centralized and decentralized exchanges, with a target listing price of $0.10. If the project raises enough capital to support this valuation, early investors could see returns of up to 1,000x on their presale entries.

    So far, over $10 million has been invested, reflecting strong market interest. Notably, securing tokens at a lower presale price offers the potential for higher ROI upon launch.

    Demand for $XYZ is surging, driving rapid progress in the presale. Early buyers secure the lowest prices, maximizing their potential returns.

    Join $XYZ Presale Now and See Your Pennies Grow Into Millions!

    Bitcoin: The Original Cryptocurrency Shaping the Future of Money

    Bitcoin is the first and most well-known cryptocurrency. It was created by someone using the name Satoshi Nakamoto as a way to make payments without banks or other middlemen. Instead of physical coins, Bitcoin exists as a digital ledger shared across many computers, called nodes. People can send bitcoins directly to each other through this system. To make sure transactions are safe and real, people called miners solve hard puzzles. When they do, they earn new bitcoins. This process not only secures the network but also introduces new bitcoins into circulation.

    Bitcoin has a fixed supply of 21 million coins, which makes it unique compared to traditional money. Every four years or so, there’s an event called “halving,” where the reward miners get is cut in half. This can affect how profitable mining is and can impact the network. In the current market, Bitcoin continues to be seen as a strong investment due to its pioneering technology and limited supply. While newer cryptocurrencies have emerged, Bitcoin remains the leader and a benchmark for the entire crypto market. Its resilience and adoption by institutions suggest it could still be an attractive option for those interested in digital assets.

    Ethereum’s Next Big Move: Unlocking a Scalable and Decentralized Future

    Ethereum is not just another digital coin; it’s a platform that changed how we think about blockchain. Created by Vitalik Buterin in 2015, Ethereum introduced smart contracts and a vast ecosystem of decentralized apps (dApps). These innovations opened doors to decentralized finance and other groundbreaking applications. In 2022, Ethereum switched to a Proof-of-Stake system, making it more energy-efficient. Soon, with the sharding upgrade, it aims to be faster and less expensive to use. Ether (ETH), the network’s token, is key to this system. It powers transactions, rewards those who help secure the network, and acts as a digital asset that people can trade or use as collateral.

    Looking at market trends, Ethereum shows promise in the current crypto cycle. Predictions suggest that ETH’s price could reach up to $6,580 next year, with a potential low of $2,700 in 2025. These figures reflect its strong position compared to other coins. Ethereum’s focus on improving scalability and reducing costs could make it more attractive to users and developers alike. While the crypto market is always changing, Ethereum’s ongoing innovations keep it at the forefront, suggesting it could remain a significant player in the years ahead.

    XRP: The Fast and Borderless Cryptocurrency Shaking Up the Market

    XRP is a digital currency designed to make money move quickly and cheaply. It operates on the XRP Ledger, a decentralized system without a central authority, which means transactions are fast, secure, and hard to counterfeit. You don’t need a bank account to use it, making it accessible to many people. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP started with 100 billion coins. They gave 80 billion to a company called Ripple to help develop the currency further. Ripple uses XRP to improve how money moves around the world.

    In today’s market, XRP stands out because of its speed and low transaction costs. Unlike some other cryptocurrencies, it focuses on making payments seamless across different currencies and borders. This can be especially useful in a global economy where money needs to move quickly. With more people interested in digital currencies that solve real-world problems, XRP’s technology has potential. Its ability to facilitate fast, low-cost transactions could make it an important player as the financial world continues to evolve.

    Conclusion

    Bitcoin, Ethereum, and XRP are strong, but XYZVerse (XYZ) targets 20,000% growth, blending meme culture and sports in a community-driven movement aiming for long-term success.

    You can find more information about XYZVerse (XYZ) here:

    https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

    Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.



    Source link

  • Shiba Inu Price Prediction: Can SHIB 10x Again or Will Ozak AI Steal the Spotlight With $1M Raised?

    Shiba Inu Price Prediction: Can SHIB 10x Again or Will Ozak AI Steal the Spotlight With $1M Raised?


    Crypto markets in 2025 are evolving fast, with investor attention shifting from meme coins to utility-driven projects. Shiba Inu (SHIB), once the face of meme coin mania, still maintains a loyal community. However, newer projects like Ozak AI are gaining ground rapidly. With Ozak AI recently surpassing $1 million in presale funding, many are now wondering whether SHIB still has the power to 10x—or if Ozak AI is about to steal the spotlight entirely.

    Youtube embed:

    $1 Target Set for OZAK, Buy OZAK AI at $0.003 is The Best Altcoin investment of 2025

    SHIB’s Struggle to Reignite Momentum

    Shiba Inu had a historical run in 2021, turning small investments into millions and carving out a space along Dogecoin. But because the novelty of meme coins fades, SHIB has struggled to regain its former explosive momentum. Trading at fractions of a cent, the token would require a enormous surge in market cap to 10x from its modern position—a feat that would area SHIB many of the maximum valuable assets in the market once more.

    While the SHIB development team continues to introduce new features like Shibarium and metaverse integrations, adoption has been relatively slow. And in a market now hungry for innovation and real-world utility, SHIB’s meme-driven appeal may not be enough to satisfy investor expectations in the upcoming bull run.

    Ozak AI’s $1M Milestone Sends a Clear Signal

    While SHIB works to recapture past glory, Ozak AI is carving a fresh path powered by artificial intelligence—a sector that has grown exponentially in both tech and crypto. In its third presale stage, Ozak AI has already raised over $1 million, signaling significant early support from both retail and institutional investors.

    Ozak AI isn’t just riding the AI hype wave—it’s building decentralized infrastructure designed to integrate AI solutions into smart contracts, data analytics, and DeFi applications. This blend of blockchain and machine learning technology gives Ozak a compelling use case that aligns with where the market is heading.

    What’s attracting attention is the token’s presale price: just $0.003. With analysts forecasting a potential surge to $1 in the next cycle, early backers could see returns exceeding 300x. That kind of upside dwarfs the 10x goal many SHIB holders are hoping for.

    Which One Will Lead the Next Rally?

    If SHIB were to be 10x from its current price, it would still fall short of the potential gains Ozak AI presents from its early presale levels. SHIB’s established community and brand recognition could give it another run, especially if meme coins see a revival. But fundamentally, Ozak AI offers more than just speculation—it delivers on utility, future-forward technology, and growing demand.

    Moreover, Ozak AI’s rapid traction during a generally bearish period in crypto suggests strong fundamentals. Raising $1 million during presale amid broader market uncertainty is a sign that big investors are already placing their bets.

    Shiba Inu remains a beloved name in crypto, but its path to another 10x isn’t guaranteed. Meanwhile, Ozak AI is gaining serious momentum, raising over $1 million and positioning itself at the intersection of AI and blockchain—arguably two of the most exciting sectors for 2025. As investors search for the next big opportunity, Ozak AI may very well outshine SHIB with its potential to deliver 300x returns from current levels.

    About Ozak AI

    Ozak AI is a blockchain-based project that provides a technology platform that specializes in predictive AI and advanced data analytics for financial markets. Ozak AI helps crypto investors and businesses in decision-making by providing real-time, accurate, and actionable insights through machine learning algorithms and decentralized network technologies. 

    For more visit:

    Website: https://Ozak.ai/

    Telegram: https://t.me/OzakAGI

    Twitter : https://x.com/Ozakagi

    Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.



    Source link

  • Binance in Talks with Governments on Crypto Reserves

    Binance in Talks with Governments on Crypto Reserves


    • Binance advises governments on crypto reserves.
    • Teng highlights US leadership in crypto regulations.

    Binance, the world’s largest cryptocurrency exchange, reportedly advises several countries on creating digital asset regulations and establishing national strategic Bitcoin reserves. The global trend of cryptocurrency regulation matches the move by countries to establish official reserves for the emerging asset class.

    Binance Receives Global Requests for Help with Crypto Regulations

    The Financial Times reported that Binance chief executive Richard Teng explained to them about US progress toward this goal under President Donald Trump. The country continues working towards developing both regulations for digital assets and setting up Bitcoin reserves for national defense.

    He explained that the United States maintains an advanced position regarding cryptocurrency standards among international countries. Several governmental bodies sent requests to Binance to obtain assistance with establishing their digital asset regulatory frameworks after noticing the active stance taken by the US.

    The company received numerous requests from both governments and sovereign wealth funds for assistance, but Teng did not identify the specific countries involved. Binance has previously generated media attention on previous occasions. The exchange became the focus of criminal money laundering and international financial sanctions investigations not long before that date. The penalties Binance accepted exceeded $4.3 billion in costs, while founder Changpeng Zhao left his role as CEO. Zhao served four months behind bars, so Teng took over as head of the company.

    Binance operates worldwide and is growing despite its prior history. From 2019 through 2024, French authorities investigated Binance for potential violations of European regulations to prevent money laundering and combat terrorist financing. Binance refuted the accused’s claims while making a public declaration to defend itself against charges. A five-year monitoring program exists to comply with financial regulations under the oversight of the Financial Crimes Enforcement Network, while the US continues to supervise the exchange.

    Governments Seek Binance’s Expertise for National Crypto Reserves

    Teng emphasized that Binance has made significant improvements in its compliance efforts. Binance intends to keep its substantial investment in compliance as the company employs 6,000 staff members, of whom 25% are dedicated to compliance roles. The present corporate setup of Binance allows regulators to work with it more easily than they could previously.

    Binance provides its assistance to multiple nations in the establishment of national strategic digital asset reserve programs. The exchange has received many approaches from governments and sovereign wealth funds to help create such cryptocurrency reserves. Strategic Bitcoin reserves have been recently introduced by the United States, while many nations follow this pattern. Digital asset traders were disappointed because the plan failed to result in extensive government buying of digital assets.

    The crypto industry leader CZ has been appointed as a strategic advisor to the Pakistan Crypto Council through an official membership. The country takes a major forward step in developing its digital economy through this advancement. The country of Kyrgyzstan reached a major milestone in digital economy development through its essential Memorandum of Understanding (MoU) with Zhao. Kyrgyzstan President Sadyr Japarov led negotiations for this agreement through the National Investment Agency.

    With these developments, Binance is continuing to expand its influence globally. It also helps to shape the future of digital asset regulations and strategies for governments around the world.



    Source link

  • PEPE Watch: With Retail Buying And Whale Patience, Is A Price Surge Coming?


    Main Takeaways:-

    • Pepe’s retail-led collection surged, but large investor movement and network growth continue to be muted.
    • Liquidation clusters and the moving average crossover hinted that prices might keep going up in the short term.
    • Pepe [PEPE] recorded a major collection event after a group of five wallets acquired 611 billion tokens worth about $4.28 million in under eight hours. 

    At the reporting time, the memecoin was trading at $0.00000711, surged 1.57% in the past 24 hours. 

    As expected, this focused buying sparked new talk about what PEPE might do next. But to understand the chances of a breakout, we need to take a closer look at both on-chain data and technical indicators.

    As expected, this heavy buying started new discussions about what PEPE might do next. To understand if it could break out, we need to look more closely at data from the blockchain and market charts.

    Retail Returns, But Where Are the Whales?

    On-chain activity indicates that retail interest is slowly making a comeback. 

    In the last week, active accounts surged by 0.47%, indicating a moderate growth in network participation. However, new accounts declined by 6.78%, suggesting slow user expansion. 

    In addition, there was a 67.4% surge in transactions worth below $1, strengthening the concept that smaller traders are collecting. 

    pepe whales

    On the other hand, increased trading activity like the $10k–$100k range dropped more than 23%, which suggests that whale involvement has not recovered significantly yet.

    The volatility, which was extremely high before, has started to calm down.

    With Chart Breakout and Reduced Volatility, Is PEPE Ready for Action?

    Market fluctuations have calmed significantly in the past few days.

    PEPE’s 30-day fluctuation decreased from 146.13% to 115.24%, indicating a change from high instability to more stable price activity. 

    This decrease usually happens before big price movements, as market pressure increases during periods of stability.

    From a technical analysis, PEPE surpassed its recent downward channel and regained the $0.00000700 level. The 9-day and 21-day moving averages are getting closer and might cross each other soon, suggesting a possible upward trend.

    Short-term resistance stood at $0.00000737. if this zone surrendered, $0.00000884 would be next in the sequence. On the other side, $0.00000698 stayed the crucial support, maintaining the upward bias as long as it stayed above. 

    pepe chart

    Whale activity shows a combination of signs, both positive and negative. In the last 30 days, major holders’ contributions declined by 74.15%, showing decreased buying by large investors. 

    On the other hand, outflows also dropped quickly by 76.75%, indicating that whales are not withdrawing rapidly.

    Over the past 90 days, money coming in dropped a little by 7.05%, while money going out went up by 22.24%. This suggests some investors are taking small profits, but they are not selling everything.

    PEPE Watch: With Retail Buying and Whale Patience, Is a Price Surge Coming? 2

    Are Leveraged Bears Setting Up PEPE’s Breakout?

    In the financial contracts market, open interest dropped by 3.8% to $288.14 million, showing that traders are being careful and using less borrowed money.

    On the other hand, liquidation heatmap data from Bitget shows lots of short positions being closed in large numbers between those price levels of $0.0000074 and $0.0000076.

    If buyers succeed in driving the price past this area, forced buying could cause a strong price jump. This area with lots of liquidity might help push prices higher, as long as regular buying stays strong. 

    PEPE’s recent buying, price breakout, and lower price fluctuations show early signals of stability. However, the lack of whale activity and slower growth in new addresses suggest that overall confidence is weak.

    If buyers rise above $0.0000076, supported by trading volume, an increase could follow. For now, PEPE looks slightly positive, but it needs more signs of support from big investors to confirm the trend.

    Read also:- From the ‘Best Worst’ Quarter to Recovery: 4 Catalysts for Crypto in Q2

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

    Header ad



    Source link

  • SimpleFX Expands Global Trading Offer with Over 1000 Instruments

    SimpleFX Expands Global Trading Offer with Over 1000 Instruments


    Kingstown, Saint Vincent and the Grenadines, April 17th, 2025, Chainwire

    SimpleFX has announced a significant expansion of its trading offer, increasing its portfolio to include over 1,000 financial assets spanning global markets. This development marks a strategic extension of the platform’s multi-asset trading capabilities, aimed at providing broader market access to its users.

    Expanded Equities and Geographic Coverage

    The update introduces hundreds of new equities from regions including Australia, Malaysia, Hong Kong, the Republic of South Africa, and Singapore. SimpleFX has also extended its coverage in key markets such as Brazil, Germany, France, Japan, Sweden, and Turkey.

    This broader market reach enables traders to access equities across various time zones, offering increased flexibility in portfolio diversification. Users can also trade these equities in conjunction with related instruments, including commodities, metals, cryptocurrencies, and forex pairs.

    Enhanced Cryptocurrency Access

    The platform has expanded its cryptocurrency offerings by adding 19 altcoins, including Ripple (XRP) and Toncoin (TON), allowing traders to engage with a wider selection of digital assets. These additions complement an already diverse range of crypto-fiat pairs available on SimpleFX.

    Comprehensive U.S. Market Integration

    As part of the expansion, SimpleFX has included all equities listed on the NASDAQ-100 (US100) and S&P 500 (US500) indices. These indices are widely regarded as benchmarks of the U.S. high-technology sector and the broader American economy.

    With over 500 U.S. equities now available, traders can utilize the SimpleFX WebTrader platform’s analytical tools to explore opportunities across major sectors such as technology, defense, pharmaceuticals, energy, and consumer goods.

    Key Global Additions

    Noteworthy new instruments include:

    • BHP Group (BHP.AU): A leading mining conglomerate, accounting for a substantial portion of the Australian share market.
    • Tencent Holdings (HKG: 0700): A major technology and entertainment firm based in Hong Kong, known for products such as WeChat and its gaming investments.
    • Intel Corporation (INTC.US): A long-standing player in the semiconductor space, currently focusing on AI integration.
    • RTX Corporation (RTX.US): A significant entity in aerospace and defense, producing military-grade technologies.
    • Ripple (XRPUSD): A digital asset linked to a blockchain-based payment protocol used for cross-border financial transactions.

    Platform Enhancements and Regulatory Options

    In addition to the instrument expansion, SimpleFX has broadened its registration options, allowing users to register under either the Saint Vincent and the Grenadines (SVG) or Mauritius (MU) jurisdictions.

    Furthermore, the platform now supports deposits and withdrawals via Mastercard and Visa for USD and EUR accounts, complementing its existing 20 cryptocurrency-based payment methods. These additions aim to improve transaction speed and security while offering more flexibility in account funding.

    About SimpleFX

    SimpleFX is a global trading platform offering access to a wide range of financial markets, including forex, equities, cryptocurrencies, indices, and commodities. Established in 2014, the platform is known for its user-friendly WebTrader interface, comprehensive market access, and commitment to innovation in multi-asset trading. SimpleFX operates under multiple jurisdictions and provides users with various registration and payment options, catering to both retail and professional traders worldwide.

    Contacts

    SimpleFX Partnership Team
    marketing@simplefx.com
    SimpleFX Support Team
    support@simplefx.com



    Source link

  • Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto

    Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto


    PRESS RELEASE | Apr 11th, Panama – Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, “Damen (大门, meaning “The Gate“). Under the theme “12 Years, One Gate, One World”, Gate.io reflects on its journey of growth and transformation, while embracing a bold new vision for the future, showcasing its ambition to build a more open, diverse, and innovative Web3 ecosystem for users worldwide.

    This is a press release submitted to BitPinas.

    12 Years of Innovation: Establishing Prestigious Global Leadership

    Since its inception in 2013, Gate.io has emerged as a blockchain innovation powerhouse, offering reliable and versatile digital asset trading services. Today, Gate.io has grown into a top global leading crypto exchange, serving over 22 million users globally, consistently ranking among the top three exchanges by liquidity and ranking top 2 in 24-hour spot trading volume. The platform supports over 3,800 cryptocurrencies across spot trading, futures, leverage, and other financial products, offering a wide range of investment opportunities.

    Among the keystones cementing Gate.io’s dominance in crypto space, GateToken (GT), Gate.io’s native platform token, has been a cornerstone of its ecosystem since the launch of GateChain’s mainnet in 2019. GT reached an all-time high of $25.960, with a total market capitalization surpassing $2.94 billion, propelling its market rank into the global Top 40.

    Moreover, Gate.io’s established crypto financial ecosystem has also played a crucial role in driving industry transparency. As the first mainstream exchange to commit to 100% proof of reserves, it partnered with U.S. audit firm Armanino LLP, leveraging the Merkle Tree open-source framework for regular asset reserve disclosures. As of January 17, 2025, Gate.io’s total reserves exceeded $10 billion, ranking fourth globally, with an above-average reserve ratio of 128.58%, ensuring verifiability and security for user assets.

    Cross-Industry Partnerships: Expanding Web3’s Global Influence

    Gate.io is actively fostering cross-industry partnerships to elevate the crypto industry’s global reach. In 2024, Gate.io partnered with FC Internazionale Milano, or Inter, marking a new era of integration between crypto and traditional sports. As the Official Sleeve Partner for Inter, Gate.io’s brand images have been prominently featured at San Siro Stadium, Serie A, and UEFA Champions League matches. Through VIP events and joint activities, Gate.io is bringing crypto closer to football enthusiasts, building a global fan community, and exploring new possibilities for sports and digital assets.

    Advertisement

    PDAX Banner

    In the first quarter of 2025, Gate.io announced a landmark sponsorship deal with Oracle Red Bull Racing in Formula 1, becoming the team’s exclusive cryptocurrency exchange partner. As an eight-time F1 world champion, Oracle Red Bull Racing is synonymous with excellence and speed, a vision that aligns with Gate.io’s cutting-edge innovation in digital finance. This partnership is a strategic milestone, accelerating blockchain adoption and expanding Web3 solutions to a broader global audience.

    Strategic Brand Upgrade: Embracing A New Identity for the Future

    Over the past 12 years, Gate.io has witnessed the rapid evolution of the crypto industry and proactively adapted to market shifts. From a Bitcoin trading platform to a comprehensive blockchain ecosystem, Gate.io is now embracing its next evolution with the introduction of the new Chinese Name “Damen (meaning “The Gate”). The new brand identity symbolizes openness, fairness, and innovation, reflecting Gate.io’s commitment to bridging the global crypto economy with cutting-edge technology and trusted financial infrastructure.

    More than just a name change, this brand evolution marks a strategic upgrade—shifting from a traditional exchange to a fully integrated Web3 ecosystem. Under this new vision, Gate.io is focused on enhancing user experience, driving technological innovation, and expanding decentralized finance solutions, making blockchain technology more accessible, secure, and intuitive for users worldwide.

    Commemorating 12 Years with Exclusive Events in Dubai

    To celebrate this milestone, Gate.io will host a series of flagship events in Dubai on April 29-30, 2025, to join hands with global users and industry partners. The 12th Anniversary Celebration is expected to attract over a thousand top global investors, blockchain entrepreneurs, project teams, and industry leaders, joining Gate.io in celebrating this significant occasion. Adding to the festivities, SPORT3 DUBAI 2025 will introduce a unique blend of sports and blockchain, creating a dynamic and engaging atmosphere for industry professionals to connect. Through this initiative, Gate.io aims to foster cross-industry collaboration, encourage meaningful dialogue, and drive innovation in blockchain-powered sports applications.

    Twelve years of trust, growth, and groundbreaking innovation have brought Gate.io to this defining moment. From the “Gateway to Crypto” over a decade ago to pioneering the next chapter of blockchain evolution, the platform remains committed to its mission. Standing at the crossroads of a new era, Gate.io embraces its new transformation, not just a rebrand, but as a renewed commitment to empowering users, advancing technology, and shaping the future of the blockchain ecosystem. As Gate.io unveils its next chapter, it continues to open the gateway to crypto for global users, bridging today’s world with the boundless possibilities of the crypto future.

    Disclaimer:

    The content herein does not constitute any offer, solicitation, or recommendation. Please note that virtual assets may depreciate in value fully or partially, and are susceptible to significant fluctuations. You should always seek independent professional advice before making any investment decisions. Please note Gate.io is not licensed or regulated by the Virtual Asset Regulatory Authority (VARA) and hence not permitted to conduct virtual asset related activities in/from Dubai. The products and/or services mentioned herein are only available to persons outside Dubai. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.

    This is a press release submitted to BitPinas: Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto

    What else is happening in Crypto Philippines and beyond?



    Source link

  • Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs

    Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs


    Press Release | April 10 – Panama – Leading global digital asset platform Gate has released its Q1 2025 Transparency Report, showcasing comprehensive breakthroughs across multiple business segments. Core metrics reached historic highs, security infrastructure underwent full-scale upgrades, product offerings expanded significantly, and global strategies accelerated, all reflecting its robust growth momentum and a solidified market foundation.

    This is a press release submitted to BitPinas.

    Trading Business Surge: Futures Trading Volume Up 31% QoQ

    In Q1 2025, Gate maintained its industry leadership with remarkable user growth and trading volume breakthroughs. The platform’s expanding user base underscored its strong market appeal and sustained growth momentum.

    • Futures Trading saw explosive growth, with the number of traders and overall trading volume surging. Futures trading volume increased by approximately 31% quarter-over-quarter (QoQ).
    • In Spot Trading, the platform listed over 200 new tokens, reinforcing Gate’s leading edge in asset selection and listing efficiency, providing users with a broader and higher-quality range of investment options.

    Gate newly launched the “Refer to Earn” program which integrated social media and interactive campaigns to drive user acquisition and trading activity, fostering sustainable community growth.

    Strong Tokenomics: GT Price Hits Historic High of $25.96

    This quarter, Gate’s native token GT delivered stellar performance in Q1 2025, reaching an all-time high of $25.96 on January 25, a 70% increase year-to-date.

    • As the native utility and gas token of GateChain, GT underpins the blockchain’s fundamental transaction infrastructure.
    • GT holders also enjoy exclusive benefits such as LaunchPool airdrops, mining rewards, and staking incentives.

    Since GateChain’s 2019 launch, GT has maintained a deflationary burn mechanism, reducing total supply by around 60% from its initial 300 million.

    • This underscores Gate’s long-term commitment to deflationary tokenomics and reinforces GT’s value proposition for long-term holders.
    • So far, a total of 177,089,412.23 GT has been burned, with a total burn value of approximately $408,270,578.

    Security First: Total Reserves Exceed $10.328 Billion

    Advertisement

    PDAX Banner

    Gate remains steadfast in safeguarding user assets and information security, further enhancing reserve transparency and platform security. As of January 17, 2025,

    • Gate.io’s total reserves reached $10.328 billion, ranking Top 4 globally among crypto platforms. The reserve ratio stood at 128.58%, exceeding the 100% industry benchmark. Excess reserves totaled $2.296 billion, providing robust protection for user funds.

    Gate attached great importance to advancing its global compliance framework, including the acquisition of Coin Master, a licensed exchange in Japan, through one of its entities, further expanding its localized business in the Japanese market.

    Launchpool Upgrade: 140+ Projects Launched with $14M+ Rewards

    In Q1 2025, Gate Launchpool (formerly Startup Mining) became a premier platform for new token launches.

    • It hosted over 140 projects, including more than 90 free airdrops with a total value exceeding $5.2 million.
    • And the platform launched over 70 mining projects distributing more than $9.2 million in rewards.

    The platform introduced a project search function and intelligent strategy filter, enabling users to match optimal mining plans within three minutes.

    • The HODLer Airdrop program lowered its entry threshold to 1 GT, delivering an average annualized return of 43.94%.
    • Demonstrating its agility in responding to market trends, on the listing day of the trending token TRUMP, mining was activated immediately, and stake volume surpassed $25 million within 24 hours, attracting significant user participation and fostering a win-win environment between the platform and project.

    Gate Pilot Listed Over 1,000 Tokens, Capturing Multiple High-Yield Memes

    Leveraging its first-mover advantage and continuous innovation in the Meme sector, Gate Pilot has further solidified its leading position in the field.

    • This quarter, Gate Pilot successfully integrated more than 10 major public blockchains, including Ethereum, Solana, and Base.
    • Nearly 400 tokens were listed this quarter, bringing the total number of listed tokens to over 1,000.
    • Gate Pilot maintains a leading position in the industry and offers users a richer and more diverse range of investment options.
    • Meanwhile, innovative tools such as “Logo Mode” and Meme Gem Index were launched, significantly enhancing users’ ability to identify tokens and market trends while lowering the barriers to Meme trading.

    With its fast listing mechanism, Gate Pilot helped users capture multiple high-yield projects ahead of the market, including quality Meme tokens like Kekius (55x), Trump (45x), YZY (46x), and Mubarak (28x). In addition, the platform partnered with projects such as MemeCity and MemeCore, actively participating in offline industry events to strengthen its leading position in the Meme sector.

    Strong Institutional Business Performance and Continuous Infrastructure Upgrades

    Gate’s institutional business achieved significant breakthroughs in both trading volume and ecosystem development.

    • Institutional clients’ futures and brokerage business trading volumes both saw marked growth.
    • By optimizing trading infrastructure and market depth, latency was reduced by more than 2-fold, significantly improving users’ trading efficiency.
    • Furthermore, futures liquidity improved, and the number of spot and futures market makers increased.

    Additionally, Gate introduced the new Fireblocks Off-Exchange solution, offering institutional clients more flexible fund management options. Through joint marketing campaigns with over 20 partners, Gate further expanded its professional client base and strengthened the building of its premium user community, further consolidating Gate’s leading position in the global cryptocurrency field.

    Significant Growth in Quantitative Investment, Copy Trading Volume Soared 780%

    This quarter, Gate achieved remarkable growth in copy trading, bot strategies, and ETF products.

    • In terms of copy trading, the launch of the Prometheus automatic risk control system created a safer trading environment for users; spot copy trading volume surged by 780%, and the highest yield from a leading user reached 890x, offering users opportunities for excess returns.
    • Robot products, through continuous optimization of the Ultra AI strategy and intelligent algorithms, have generated over $500 million in cumulative trading revenue for users. The newly launched BotsLive streaming column and weekly strategy recommendations significantly boosted user engagement; the number of new strategies created increased by 404% quarter-on-quarter, and the number of users creating new strategies grew by 193%.
    • The ETF business also performed strongly, with the platform supporting over 200 ETF leveraged tokens, maintaining a leading position in the industry. By the end of the quarter, ETF trading volume had increased by 40% quarter-on-quarter, and the number of participating users had grown by 197%.

    Partnering with Top Players to Build Global Blockchain Influence

    In the first quarter of 2025, Gate made simultaneous advances in global brand expansion and blockchain investment.

    • Gate.io announced its official sponsorship of the Oracle Red Bull Racing team in F1, initiating a multi-year strategic partnership.
    • This collaboration is not only a powerful alliance between two industry leaders but also marks the expansion of blockchain technology from the race track to the global stage, promoting Web3 and digital finance concepts to a broader audience through a world-class sports platform.

    Meanwhile, Gate Ventures joined the newly established Morph Venture Capital Collective alliance, further expanding its blockchain investment landscape. In addition, Gate Ventures invested $20 million in the BNB Incubation Alliance (BIA), jointly initiated by BNB Chain and Binance Labs, demonstrating its firm commitment to advancing the Web3 ecosystem and nurturing the next generation of blockchain innovation projects. By empowering projects with capital, resources, and networks, Gate is taking concrete actions to help bring blockchain technology into the mainstream.

    Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement: https://www.gate.io/zh/user-agreement.

    This press release is submitted to BitPinas: Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs

    What else is happening in Crypto Philippines and beyond?



    Source link

  • Ethereum Sinks & DOT Hits 5-Year Low, But BlockDAG Rallies Toward TGE with A Thriving Beta Testnet—Offers $60K in Rewards!

    Ethereum Sinks & DOT Hits 5-Year Low, But BlockDAG Rallies Toward TGE with A Thriving Beta Testnet—Offers $60K in Rewards!


    ​Ethereum has been struggling to keep up lately, with recent Ethereum news highlighting a drop below $1,500 and signals of deeper weakness in both demand and network activity. A similar trend is playing out in the Polkadot (DOT) price, which just hit a five-year low after losing key support levels.

    But while these established names face headwinds, BlockDAG (BDAG) is heading in the opposite direction. Its beta testnet is officially live, and to kick things off, the team is offering $60,000 in rewards to 30 users—based on mining activity, wallet use, and coin balances.

    Add to that the return of its Chest Boost bonus system, where each purchase unlocks higher multipliers, and it’s easy to see why the presale has already topped $214 million ahead of the upcoming Token Generation Event.

    Ethereum News: Value Under Pressure from ETF Outflows

    Recent Ethereum news is drawing attention as ETH slips below the $1,500 mark, weighed down by weak ETF demand, bearish on-chain metrics, and fading network activity.

    Analysts point to Ethereum trading beneath its realised price—a sign of potential capitulation among holders. Investment flows into spot Ethereum ETFs have also reversed, with over $90 million withdrawn in recent weeks. 

    At the same time, key metrics like open interest in futures and user activity on the network continue to decline. According to recent Ethereum news, some projections now place a possible price bottom near $1,000 if current conditions persist.

    Polkadot Value Hits 5-Year Low: Is Short-Term Rebound Next?

    The Polkadot (DOT) price reached a five-year low of $3.25 on April 9, dipping below its long-standing $3.70 support zone. This decline confirms a breakdown from both horizontal and ascending support levels, with technical indicators—like a falling RSI and negative MACD—signaling ongoing bearish pressure.

    However, the daily chart shows a potential for a short-term recovery. A completed five-wave pattern and bullish divergence in the MACD suggest that a rebound could follow. If a breakout occurs, analysts project the Polkadot price might climb toward the $6.50–$7.50 range before any longer-term trend resumes.

    BlockDAG Offers $60K & 5X Rewards as TGE Countdown Begins

    BlockDAG’s Beta Testnet launch is pulling serious weight thanks to a $60,000 incentive campaign that rewards real network activity ahead of its official debut. The setup is simple but smart: $2,000 in BDAG will go to each of the top 10 miners, the 10 most active wallets, and the 10 wallets holding the highest testnet balances.

    This structure gives participants a reason to dig in and interact with mining, staking, and wallet functions—all while pressure-testing the system before the Token Generation Event. It’s a hands-on way to validate the network under real-use conditions.

    At the same time, BlockDAG has brought back its popular Chest Boosts system. It kicks off with an automatic 5X reward on the first purchase. These rewards escalate with each purchase, unlocking up to four increasingly rewarding chests. Every new purchase brings a bigger multiplier, turning early support into a kind of progression game. This reward style has caught fire, creating stronger momentum across the community and helping drive the project’s already fast-growing presale totals.

    The BDAG coin presale stats tell the story: over $214 million raised, 19.2 billion coins sold, and a value increase of 2,380% from $0.001 to $0.0248 by batch 27. With the TGE approaching, these entry prices are nearing their final stretch.

    Analysts now rank BlockDAG among the crypto coins to watch, citing its active community, strong development roadmap, and potential for substantial returns up to 30,000X ROI. As the project shifts closer to public listing, the opportunity to buy BDAG at this low presale price will soon become part of its early history.

    Final Takeaway

    Ethereum’s outlook remains cautious, with recent Ethereum news pointing to lingering weakness unless key metrics reverse course. The Polkadot price may find short-term relief, but long-term recovery hinges on breaking past resistance.

    Meanwhile, BlockDAG is in an entirely different lane. Its beta testnet is live, $60K in rewards are flowing, and the presale is surging past $214 million. With prices already up 2,380% and the chest bonuses active—for a limited time—there’s a clear sense that this early phase won’t last much longer.

    As the Token Generation Event draws closer, BlockDAG is quickly becoming one of the best crypto coins to watch. However, once the presale ends, current entry points will disappear for good.

    Presale: https://purchase.blockdag.network

    Website: https://blockdag.network

    Telegram: https://t.me/blockDAGnetworkOfficial

    Discord: https://discord.gg/Q7BxghMVyu

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.



    Source link

  • Wallet Backups Explained: Why Trezor Replaced the Term ‘Recovery Seed’ With ‘Wallet Backup’


    If you self-custody your crypto (or are planning on soon), you’ve probably heard these terms before:

    • BIP-39 seed phrase
    • Mnemonic phrase
    • Recovery phrase
    • Recovery seed
    • Seed phrase
    • Backup
    • Seed

    The good news? They all mean the same thing! But for new users, this terminology can be confusing when securing their assets.

    At Trezor, we previously used the term “recovery seed.” However, after seeing firsthand how it caused confusion, we decided to simplify it.

    Because honestly, how many new people can understand what a “seed phrase” is? It’s not intuitive, especially when the device we use to secure your crypto is called a hardware wallet. It’s easy to get lost in jargon, which only delays taking control of your crypto!

    It’s exactly what it sounds like. If you lose your device and need to recover your wallet, use your wallet backup.

    Our wallet backup can look like this:

    Or this:

    Even this:

    (We’ll explain this below!)

    Think of your wallet backup as the key or master password to your crypto wallet.

    If your Trezor hardware wallet is damaged, you’ll need this wallet backup to recover your funds. Without it, you cannot access, transfer, or manage your funds.

    It should be kept in a safe place because without it, you could be permanently locked out of your crypto.

    (Watch this video to learn how to keep your wallet backup safe)

    When setting up a new wallet, you’ll be asked to write down a list of 12, 20, or 24-word words.

    This list of words, generated by your hardware wallet, is your wallet backup. It represents a private key that grants access to your wallet, which holds your assets securely on the blockchain.

    “But what about that crazy list of numbers above? Is that also my wallet backup?”

    Here’s a fun fact… your wallet backup doesn’t actually start as a list of words!

    It originates as a long, random string of mathematically derived characters, which is then converted into words to make it human-readable… crazy, huh?

    Another fun fact: Trezor’s founders pioneered this approach!

    Once we found a way to translate private key data into simple words, it became the industry standard.

    (Just another reason to choose Trezorhumble brag 😉)



    Source link