Important] Bitget Announcement: JAILSTOOLUSDT Futures Trading and Bot Delisting Notice
Date: April 1
Important] Bitget Announcement: JAILSTOOLUSDT Futures Trading and Bot Delisting Notice
Date: April 12, 2025 | Time: 11:42
Bitget will officially delist the JAILSTOOLUSDT trading pair from futures trading and futures trading bots on April 16, 2025, at 3:00 PM (UTC+8).
Futures Trading
Starting April 13, 2025, at 3:00 PM (UTC+8), Bitget will halt the opening of new positions for JAILSTOOLUSDT futures.
However, the order closing function, closed orders, and Take Profit/Stop Loss (TP/SL) settings will remain active.
All users are advised to close their open futures positions in JAILSTOOLUSDT before April 16, 2025, at 3:00 PM (UTC+8).
After this deadline:
Futures trading for JAILSTOOLUSDT will be suspended
All open orders will be canceled
Unsettled positions will be forcibly closed and settled by the system.
Futures Trading Bots
JAILSTOOLUSDT will also be delisted from futures trading bots on April 16, 2025, at 3:00 PM (UTC+8).
Important reminders for bot users:
If you are using trading bots with this pair, please close those orders beforehand.
Publishing and purchasing of these bots will be disabled once the pair is delisted.
The system will automatically cancel any pending bot orders and return the associated assets to your account.
Historical data related to these bots will still be accessible even after delisting.
We apologize for any inconvenience this may cause and appreciate your continued support.
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Block Fined $40M Over Cash App’s Crypto Compliance Failures and 169K Ignored Alerts
New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will pay a $40 million fine and hire an independent monitor, following findings of significant violations in the company’s anti-money laundering and virtual currency compliance systems related to its Cash App platform.
The DFS found that Block’s rapid growth exceeded its capacity to establish adequate oversight, heightening the risk of illicit financial activity. The regulator said the company’s failures violated New York regulations for financial institutions and virtual currency firms. It cited weak internal controls over fiat and bitcoin transactions, including lapses in customer due diligence, sanctions screening, and monitoring for suspicious activity. By 2020, Block had accumulated a backlog of more than 169,000 unreviewed transaction alerts. Superintendent Adrienne A. Harris stressed:
All financial institutions, whether traditional financial services companies or emerging cryptocurrency platforms, must adhere to rigorous standards that protect consumers and the integrity of the financial system.
“Compliance functions must keep pace with company growth or expansion. The rapid growth of Block’s Cash App absent a robust compliance function created risk and vulnerabilities that violated the rules financial services companies operating in New York must adhere to. The Department is taking decisive steps to ensure accountability, including the appointment of an independent monitor to oversee corrective measures,” she continued.
In Block’s consent order, DFS provided further violation details, including the company’s failure to screen transactions with potential links to terrorism until a recipient wallet’s exposure exceeded 10%, and its inadequate treatment of anonymizing services like mixers. The DFS claimed:
The AML program run by Block … failed to adequately consider the substantial risks posed to an entity of its new size and complexity.
The order also revealed that between 2018 and 2021: “Block had accumulated a transaction monitoring backlog of approximately 18,000 alerts, which grew to over 169,000 by 2020.” DFS added that “between February 2021 and September 2022 … SARs, for both bitcoin and fiat transactions, were at times filed over a year after the alerts were first generated.” Block’s risk rating for transactions involving mixers was also cited, as DFS noted that despite guidance: “Block risk rated transactions identified as having exposure to mixers as ‘medium’ risk, rather than the ‘high’ risk rating that is appropriate.”
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Samson Mow Sees Bitcoin Surging as Tariffs, Rates, Capital Flight All Hit at Once
Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this week about the U.S. government’s decision to significantly raise tariffs on Chinese imports and its potential impact on bitcoin’s price.
The Trump administration announced on April 10 that total duties on goods from China now stand at 145%, a measure that is already in effect following a 90-day pause on tariff actions involving other nations. Mow linked the move to broader financial impacts, particularly a potential rise in interest rates and a bullish outlook for bitcoin. He wrote:
Countries with a trade surplus will invest those surpluses in U.S. Treasuries. Less surplus means less demand for USTs, which means rates rise. Bitcoin is going so much higher.
He continued: “I honestly can’t tell if the goal is lowering the 10-year rate to refinance debt on better terms, or if the goal is to increase rates so we accelerate into hyperbitcoinization.”
Mow also criticized the notion that high tariffs would bring manufacturing jobs back to the United States, noting systemic obstacles. In a post shared on April 9, he stated: “I have yet to hear exactly how high tariffs with China (being presented as a win) will revitalize jobs and production in the U.S., given input costs for raw materials and components will be up, a lack of engineering skills, and virtually no manufacturing infrastructure.”
The executive also slammed Treasury Secretary Scott Bessent’s suggestion that small businesses could lead industrial rebuilding amid rising tariffs. He questioned how Main Street could fund factory construction, hire workers, or build infrastructure under current economic conditions, calling such expectations unrealistic.
Responding to Bessent’s recent comments about potentially delisting Chinese stocks from U.S. exchanges, Mow warned of broader consequences. “This quip from Bessent has second-order effects yet to play out. While obvious to bitcoiners, normies presume that centralized systems will always work in their favor, which is just not true. If Chinese stocks could be removed from U.S. exchanges, why would Chinese investors feel comfortable investing in U.S. securities either? USTs are already losing their place as a safe haven.” Mow predicted:
Once the reasoning is worked through, I see a massive flight of Chinese capital to bitcoin. That will only be compounded by RMB devaluation.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。
The Trend-Spotter’s Guide: Finding Trade Ideas in Bitget’s Market Movers
Hey Bitget traders! Ready to level up your trading game by spotting opportunities before the crowd? One of the best ways to generate winning trade ideas is to tap into market momentum—and Bitget’s Market Movers section (home to Top Gainers, Losers, and trending coins) is your secret weapon. In this guide, we’ll walk you through a simple, repeatable process to turn price action into smart, actionable ideas. Plus, we’re throwing in a community challenge to make it fun. Let’s dive in!
Why Market Movers?
Bitget’s Market Movers page is like a live pulse of the crypto market. It highlights coins making big moves—up or down—based on price changes, trading volume, and market buzz. These movements often signal opportunities, whether it’s a breakout, a dip to buy, or a shorting setup. By learning to read this data, you can train your brain to spot patterns and craft ideas that align with real-time trends.
Step-by-Step: Generating Trade Ideas
Here’s a no-fluff process to create at least one solid trade idea in under 10 minutes using Bitget’s Market Movers. Grab your phone or laptop, and let’s do this!
Step 1: Open Bitget’s Market Movers
Head to the Bitget app or website and navigate to the Market Movers section (usually under “Markets” or “Spot”). You’ll see tabs like “Top Gainers,” “Top Losers,” and “Hot Coins.” For this guide, let’s start with Top Gainers—coins that are spiking often have momentum worth exploring.
Step 2: Pick Three Standouts
Scan the list and choose three coins with the highest percentage gains over the last 24 hours. Why three? It forces you to compare and think critically instead of jumping on the first shiny object. For example, let’s say you spot:
SOL/USDT: +12.5%
AVAX/USDT: +9.8%
DOGE/USDT: +7.3%
Jot these down. Don’t worry about why they’re moving yet—just note the numbers.
Step 3: Check Volume and Volatility
Click into each coin’s trading page on Bitget. Look at the 24-hour trading volume (higher is better—it shows real interest) and the candlestick chart for volatility (are there sharp spikes or steady climbs?). For instance:
SOL: Volume is $1.2B, chart shows a steady uptrend with a recent breakout above $150.
AVAX: Volume is $800M, but the chart looks choppy with no clear pattern.
DOGE: Volume is $500M, spiking after a viral tweet.
SOL seems promising due to its strong volume and clear trend. Keep it in focus but don’t ditch the others yet.
Step 4: Dig for the “Why”
Now, figure out what’s driving the move. Open Bitget’s news feed or check X posts linked on the platform (search the coin’s hashtag, e.g., #Solana). You might find:
SOL: A new DeFi protocol launched on Solana, boosting network activity.
AVAX: No clear catalyst—just following market hype.
DOGE: A celebrity tweet, but no fundamental news.
SOL’s idea is starting to take shape: rising DeFi adoption could mean more upside. To confirm, check Bitget’s on-chain data (if available) or a quick Google for “Solana DeFi news.” If you see growing TVL (Total Value Locked), that’s a green flag.
Step 5: Craft Your Idea
Turn your findings into a clear, one-sentence trade idea. Keep it simple: what, why, and how. For SOL, it might be:
“I’ll buy SOL/USDT at $150, targeting $170 in the next week, because increased DeFi activity on Solana signals strong bullish momentum.”
Add a stop-loss (e.g., $145) to manage risk, using Bitget’s order settings. Done! You’ve got a logical idea backed by data.
Pro Tips to Sharpen Your Ideas
Cross-Check Charts: Use Bitget’s technical indicators (like RSI or MACD) to confirm momentum. For SOL, an RSI below 70 suggests it’s not overbought yet.
Avoid FOMO: If a coin’s up 50% in hours (like DOGE sometimes is), it might be too late. Look for steady climbers like SOL.
Stay Disciplined: Only trade ideas you can explain in one sentence. If it’s vague, skip it.
Your Turn: The Trend-Spotter Challenge!
Ready to practice? Here’s a fun way to build your skills and connect with the Bitget community:
Spend 10 minutes on Bitget’s Market Movers today.
Pick three coins and follow the steps above to create one trade idea.
Write your idea in one sentence (e.g., “Buy X at Y because Z”).
Share it in the comments below or tag us on X with #BitgetTrendSpotter.
Each day this week, try picking three coins and crafting one idea. By Day 7, you’ll have a knack for spotting trends! We’ll spotlight the clearest, most creative ideas in our next community roundup, and the top submission gets 10 USDT trading credit (check Bitget’s terms).
Why This Matters
Generating good ideas isn’t about luck—it’s about process. By using Bitget’s Market Movers, you’re training yourself to see what the market’s saying and act with confidence. Start small, stay curious, and soon you’ll be spotting trends like a pro.
Got questions? Drop them Now go hunt those trends—and trade smart!
$PROMPT
BABY Soars with Strong Bullish Momentum: Is $0.15 the Next Target?
$BABY chart reflects a highly bullish sentiment in the short term, with the price currently sitting at $0.135610, marking a +68.37% gain in the last 24 hours. The chart shows strong upward price momentum, supported by high volume activity (768.5M $BABY ) and a substantial 24h turnover of $82.65M, suggesting increased investor interest and aggressive buying.
The price action has broken above all key moving averages:
This alignment of short-term moving averages in ascending order is a classic bullish setup, confirming upward trend strength. Notably, the price has bounced from a low of $0.080507 to a high of $0.138618, showing a near 72% swing within the day. The current price is just below the high, indicating only minor profit-taking pressure.
The hourly candles show consistent higher highs and higher lows, backed by solid volume, suggesting that bullish momentum is still intact. The average buy price is marked at $0.136428, which is slightly above the current price implying minor resistance from short-term traders aiming to break even.
If the momentum continues and volume remains high, the immediate target would be a clean breakout above $0.138618, potentially testing the psychological resistance level at $0.150000. On the downside, strong support lies near $0.120000 (10 MA), with additional support at $0.112000 (20 MA), which could offer a buying opportunity on pullbacks.
In conclusion, market sentiment is strongly bullish for $BABY and if the current structure holds, a test of $0.15 seems not only possible but likely in the short term.