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Profit Isn't Static: Rethinking The Most Profitable Crypto to Mine

If you're diving into mining, odds are you've wondered: what's the most profitable crypto to mine? Fair question, but it's not as straightforward as it sounds. Profitability in crypto mining is like riding waves: you need to know when to paddle, when to glide, and when to duck under the chaos. Let’s break this down in a way that's actually useful (no fluff, no hype). First Off: What Even Is "Profitable" in Mining? Before we answer “what's the most profitable crypto to mine?”, let’s first give “profitable” a clear definition. The phrase most profitable crypto to mine gets thrown around a lot, but profitability isn't just about the coin's price. It’s a mix of: ● Your hardware setup (Are you using GPUs? ASICs? A toaster?) ● Your electricity cost (Some places pay $0.30/kWh, others $0.03. That changes everything.) ● Mining difficulty (How crowded is the network?) ● Block rewards and market price (Higher isn’t always better if rewards drop or difficulty spikes.) ASIC vs. GPU Mining: What Are You Working With? Choosing the most profitable crypto to mine starts with knowing your tools. Your mining hardware will define not only what coins you can mine but also how profitable your operation can get. Here’s how the two major camps stack up: ASICs (Application-Specific Integrated Circuits) These are the heavy artillery of crypto mining. ASICs are purpose-built machines designed to do one thing extremely well—mine a specific algorithm. They boast ultra-high hashrates, often miles ahead of GPUs, and are usually the go-to choice for large-scale miners. ● Pros: Super efficient, high performance, can be very profitable with the right coin and power setup. ● Cons: Expensive, loud, generate a lot of heat, and can't be repurposed for anything else. If you’re using ASICs, you're likely targeting coins like Bitcoin (SHA-256), Litecoin (Scrypt), or Kaspa (kHeavyHash). But keep in mind that ASIC mining is often a race of diminishing returns unless you're running them in regions with super low electricity rates. GPUs (Graphics Processing Units) These are the all-rounders. GPUs are powerful, flexible, and still very relevant for mining a wide range of altcoins. They're perfect for hobbyists and smaller-scale miners because they can be resold or reused for gaming, AI, or video rendering. ● Pros: Versatile, easier to acquire and repurpose, wide range of mineable coins. ● Cons: Lower hashrate per watt, more sensitive to algorithm difficulty swings, more hands-on tuning required. With GPUs, your playing field includes coins like Ethereum Classic, Ravencoin, Ergo, Dynex, and Neoxa. And because GPU mining is more accessible, there's often more competition, but also more chances to pivot quickly when trends shift. So, before you ask "what's the most profitable crypto to mine," ask yourself: what gear are you working with? Because your answer starts there. Alright, now let’s talk real contenders. Best Profit-Bearing Crypto To Mine 1. Kaspa (KAS) – The Sleeper That's Waking Up the Mining World Kaspa is what happens when you take speed, efficiency, and decentralization and throw them in a blender. ● Uses the GhostDAG protocol, hence super-fast block times (we’re talking 1/sec) ● ASIC-friendly and rising in popularity ● Solid liquidity and dev community behind it Best for: Modern ASIC miners who want gains today and potential moonshots tomorrow. 2. Ethereum Classic (ETC) – The Old Faithful for GPU Miners When Ethereum moved to proof-of-stake, ETC was left holding the proof-of-work flag. Good for us. ● Ethash algo is GPU-friendly ● Listed on pretty much every exchange ● Doesn't swing too wildly in value Best for: GPU miners who don’t want to constantly babysit their rig. 3. Bitcoin (BTC) – Still the Big Dog, But Only If You're Built for It Yeah, we have to talk about Bitcoin. If you’ve got a hydro-cooled S21 and electricity that costs less than your coffee, it can be the most profitable crypto to mine. ● Strongest network in crypto ● Institutions love it ● Mining difficulty is brutal, but the reward? Potentially huge Best for: Industrial-scale miners or folks with absurdly cheap power. 4. Ravencoin (RVN) – The Community Darling That Keeps Coming Back Ravencoin is scrappy and ASIC-resistant thanks to its KawPow algorithm. ● GPU miners still love it ● Wildly volatile means high upside, but big risk ● Shows up every alt-season with a bang Best for: Miners who don't mind some chaos in the quest for big wins. 5. Dynex (DNX) – AI Meets Mining This one's a bit niche, but worth a look. Dynex leans into neuromorphic computing, combining mining with AI concepts. ● GPU-friendly ● Lower difficulty = more consistent rewards for now ● Tech-forward vision that might pay off long-term Best for: Tinkerers, futurists, and early adopters. Honorable Mentions ● Litecoin (LTC) – Especially if you’re doing merge-mining with Dogecoin. ● Neoxa (NEOX) – If you want to mine while you game, it’s kind of fun. ● Ergo (ERG) – Solid tech, but not always the highest returns. Quick Tips to Stay Profitable Staying profitable in crypto mining is less about luck and more about discipline. Here are some tried-and-true tips to help you mine smart: ● Always check real-time stats. Sites like WhatToMine or Hashrate.no are your best friends. They help you quickly compare different coins based on your exact hardware and electricity cost. Mining profitability changes daily—sometimes hourly—so you need to be nimble. ● Watch your power bills like a hawk. Your biggest cost in mining isn’t gear—it’s energy. A $0.05/kWh difference can make or break your profits. Track your consumption, consider undervolting/underclocking GPUs, and if possible, explore solar or other alternative sources. ● Don’t panic mine. Chasing daily profitability often leads to short-term thinking. Some of the biggest mining wins come from holding lesser-known coins before they break out. If a coin has strong fundamentals and a passionate dev community, mining it consistently—even when it's not topping the charts—can pay off massively in the long run. ● Stay in the loop. Join mining forums, Telegram groups, or subreddits. New coins, algo changes, and software optimizations pop up all the time. Being early can make the difference between profit and waste heat. Mining isn't equal to sheer brute force anymore. It's all about strategy, efficiency, and foresight. Final Word: So What Is the Most Profitable Crypto to Mine? Here’s the truth: the most profitable crypto to mine today might not be the same tomorrow. But if you're watching your power costs, staying flexible with your hardware, and not afraid to experiment a little—you're already ahead of most miners. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

The Full Stack of a Memecoin: Token Launch, Platform Selection, and Memecoin Pairing

The memecoin market is no longer a fringe segment of crypto. It has become a multi-billion-dollar force constantly reshaping community engagement, trading culture, and viral economics. What started with Dogecoin and Shiba Inu has evolved into an ecosystem where any internet-native idea can be monetised, traded, and celebrated by thousands of users in a matter of hours. This evolution has been powered by three interconnected layers of memecoin infrastructure: token launch mechanics, platform selection, and liquidity through memecoin pairing. Together, these layers form what can be called the "full stack" of a memecoin. To understand how memecoins succeed—or fail—you must explore the full lifecycle from creation to market integration. This guide will dive deep into how each layer functions, why it matters, and how to navigate it strategically. Token Launch: How to Make a Coin on Pump.fun The foundation of every memecoin is its launch. No tool is more synonymous with memecoin creation than Pump.fun. This platform has radically simplified token creation by offering a no-code, permissionless launchpad powered by the Solana blockchain. Launched in early 2024, Pump.fun has facilitated the creation of over 6.4 million tokens, generating more than $600 million in revenue. It enables anyone with a wallet and a few dollars' worth of SOL to go from idea to tradable token within minutes. Creating a coin on Pump.fun begins with a user connecting a Solana-compatible wallet like Phantom or Solflare to the platform. From there, the user chooses a name, a ticker symbol, an image, and optionally, a description. For a small fee of around 0.02 SOL, the token is deployed and immediately enters the bonding curve pricing system. The bonding curve is central to Pump.fun's model. Instead of relying on order books or market makers, token prices on Pump.fun increase dynamically based on the number of tokens purchased. Early buyers benefit from lower prices, while later buyers pay more. This system incentivises rapid engagement and speculative trading, often fuelling viral growth in the earliest stages of a memecoin's life. When a token reaches a market cap of $69,000, a major milestone is triggered. Pump.fun injects $12,000 of liquidity into Raydium (or Uniswap if launched on Base) and burns the corresponding LP tokens. This step stabilises the token's market and marks its transition from bonding curve speculation to broader ecosystem tradability. Source: Pump.fun The simplicity and virality of this process have made Pump.fun the top choice for memecoin creators. No coding is needed, no presales are allowed, and no team allocations exist, thus ensuring fair launches. The model is built on transparency and speed, making it a breeding ground for both creative experiments and speculative frenzies. Platform Selection: Choosing the Best Memecoin Platform While Pump.fun has become the default launchpad, it's not the only player in the memecoin space. Several platforms compete for mindshare, liquidity, and creator loyalty. Choosing the right platform is also about community, visibility, liquidity support, and long-term potential, rather than mere launching mechanics. Most Popular Memecoin Platforms Platform selection should be guided by your project's target audience, marketing channels, and long-term goals. ● Pump.fun remains the market leader due to its simplicity, fair launch model, and native integration with Solana and Base. Its bonding curve mechanism and seamless transition to Raydium or Uniswap make it the most complete one-stop-shop for memecoin creators. ● Moonshot, for example, has positioned itself as a mobile-first, Web3-onboarding platform that integrates traditional payment methods like Apple Pay and credit cards via MoonPay. It exploded in popularity with politically-themed tokens like $TRUMP and $MELANIA, reaching market caps in billions. Moonshot appeals to a broader, less crypto-native audience and excels at fiat on-ramps and mobile UX. ● SunPump, built on TRON, offers extremely low-cost launches and has gained traction with support from Justin Sun and a $10 million incentive program. While it lacks the cultural dominance of Pump.fun, its aggressive growth strategy and near-zero fees make it attractive for high-volume creators. ● Move Pump focuses on the Sui and Aptos ecosystems. It introduces gamified mechanics, NFT integrations, and community DAOs to drive engagement. Although it serves a smaller niche, Move Pump is ideal for those looking to build unique cross-chain or game-connected meme assets. Matching Platforms with Communities Different memecoin platforms cater to different types of communities: ● Political and Celebrity-Focused Communities: Platforms like Moonshot excel in launching politically charged or influencer-backed tokens. Their fiat on-ramp and mobile-friendly interface appeal to normies and mainstream audiences who may not be crypto-native. ● Crypto-Native Traders and Meme Enthusiasts: Pump.fun is the go-to for seasoned Solana users and internet meme culture aficionados. Its fair launch system and bonding curve reward fast movers and early community builders. ● High-Volume Launchers and Iterators: SunPump is ideal for users who want to rapidly test and launch multiple tokens due to its ultra-low fees and rapid deployment model on TRON. Source: SunPump ● Builders and Gamers: Move Pump caters to those looking to integrate NFTs, DAO mechanics, or play-to-earn experiences into their memecoins. Its niche audience values interactivity and experimentation over immediate virality. In summary, Pump.fun remains unmatched for rapid virality and exposure. For those seeking the best memecoin platform, it offers the most complete lifecycle solution, from fair launch to deep liquidity. Memecoin Pairing: The Liquidity Layer Once a memecoin is launched and begins gaining traction, its long-term survival depends on liquidity. This is where memecoin pairing comes into play. What Is Memecoin Pairing? Memecoin pairing refers to how a memecoin is listed and traded against another asset on decentralised exchanges (DEXs). For instance, a (MEME)/SOL pairing means the token is tradable against Solana, while (MEME)/USDC pairs it with a stablecoin. Common pairings include (MEME)/SOL, (MEME)/USDC, and (MEME)/WETH. The pairing determines not only the liquidity available for trading but also the volatility and ease of access for new buyers. Why Memecoin Pairing Matters Memecoin pairing is a critical step toward transforming your token from a short-lived meme into a durable asset with real market reach. Thoughtful pairing choices are strategic moves that shape how and by whom your memecoin is accessed, traded, and valued. ● Price Discovery: Pairings allow the token to be traded on decentralised exchanges beyond the confines of the bonding curve. This opens the door to real-time, market-driven price determination where the token's value reflects broader buyer and seller sentiment, not just curve dynamics. It also introduces arbitrage opportunities between the bonding curve and the external market. ● Liquidity and Trading Efficiency: Deep liquidity within a given pair (especially with base assets like SOL, ETH, or USDC) ensures that users can enter and exit positions with minimal slippage. Higher liquidity also enables larger trades, which attract more sophisticated traders and bots that can help generate organic volume and price momentum. ● Market Visibility: Tokens with standardised and recognisable pairings like (MEME)/SOL or (MEME)/USDC are more likely to be picked up by market aggregators, token tracking dashboards, and trading tools such as DEX Screener, GeckoTerminal, and Birdeye. These platforms boost discoverability and increase chances of secondary exposure through social media, influencers, and community shillers. ● Audience Targeting: Different pairings attract different demographics. SOL and ETH pairings appeal to seasoned crypto-native traders who are comfortable managing volatility and using DEXs. USDC or other stablecoin pairings, however, attract users who prefer lower volatility and more predictable price movements. These traders may include newer crypto participants or those interested in memecoins as collectibles or novelty investments rather than speculative trades. ● Cross-Chain and Multi-Platform Strategy: In some cases, projects create multichain versions of their tokens to tap into diverse liquidity pools and community segments. A token might launch on Pump.fun (Solana), mirror itself on Moonshot (Solana/ETH), and eventually list on a CEX with a USDT pairing. This broadens exposure, decentralises liquidity, and helps the project reach multiple market demographics across ecosystems. ● Stablecoin Anchoring: Establishing USDC or USDT pairs on additional DEXs helps stabilise token pricing and reduces volatility, which is appealing to traders seeking less speculative exposure. This approach also makes it easier for centralised exchanges to consider listing the token due to recognisable and consistent pricing. ● Community-Led Liquidity Pools: Encouraging token holders to contribute to liquidity pools can deepen market depth and promote ownership. Incentives such as staking rewards, governance voting rights, or exclusive NFT drops can drive participation and transform passive holders into active stakeholders. Conclusion: Building and Scaling Memecoins in 2025 The memecoin economy has matured into a self-contained market system with its own rules, infrastructure, and success paths. What was once a joke is now a serious business, albeit still one built on humour, virality, and community culture. To thrive in this space, creators and traders alike must understand the full stack: ● Launch tokens efficiently using platforms like Pump.fun (yes, even if you're just wondering how to make a coin on Pump.fun) ● Choose the right platform based on strategic fit, not just trends, especially if you're hunting for the best memecoin platform ● Pair the token effectively to enable real liquidity and trading volume—your success depends on smart memecoin pairing. Memecoins are now about more than just timing the next hype cycle. We are talking about creating internet-native assets that can scale, engage, and evolve. With the right launch mechanics, platform strategy, and pairing model, any idea—no matter how absurd—can become the next billion-dollar coin. The full stack is your roadmap. Now go build. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Immortal Rising 2 (IMT): A New Era of Player-Driven Gaming

What is Immortal Rising 2 (IMT)? Immortal Rising 2 (IMT) is a dark fantasy role-playing game (RPG) that combines immersive gameplay with blockchain technology. It is the sequel to the successful game Immortal Rising, which gained popularity in South Korea with over 2 million downloads and $12 million in revenue in its first year. In this dark fantasy world, players become Immortals, ancient warriors resurrected to combat the Seven Demons threatening the realm. Players embark on epic quests to reclaim their world's sanctity, forging alliances, battling demons, and bringing light back to shadowed lands. It introduces a unique Web3 approach where players have direct influence over the game’s rules and economy. Through DAO, players can vote on major decisions, shape the development roadmap, and even participate in the management of game servers. Who Created Immortal Rising 2 (IMT)? The game is a collaborative effort between Planetarium Labs and Bad Beans. Planetarium Labs is known for creating the Web3 game Nine Chronicles, while Bad Beans developed the original Immortal Rising that became a hit in South Korea. What VCs Back Immortal Rising 2 (IMT)? Immortal Rising 2 has recently secured $3 million in funding from prominent Web3 investors, including Spartan Group, Immutable, MARBLEX, Comma3 Ventures, Sovrun, 32-Bit Ventures, Notch Ventures, Cristian Manea, and Niels de Ruiter. How Immortal Rising 2 (IMT) Works Immortal Rising 2 combines high-intensity gameplay with blockchain technology. It allows players to battle, explore, strategize, and trade in a vast, evolving world. 1. A Dark Fantasy World The game is set in a world that has fallen into chaos after being overrun by powerful demons. Players take on the role of Immortals—ancient warriors resurrected to fight against the Seven Demons threatening humanity. As an Immortal, players will: ● Embark on quests through various regions such as the Silent Woods, Dunes of Despair, and the Forbidden Swampland. ● Battle enemies, uncover hidden secrets, and reclaim the world from darkness. ● Engage in a mix of strategic combat, dungeon exploration, and alliance-building. 2. Powerful Gameplay Immortal Rising 2 offers an intense combat system where players must master different weapons and magical abilities. The game features: ● Seven Difficulty Levels: Players can challenge themselves in increasing levels of difficulty, ranging from Normal to Torment II. ● Dungeon Raids: Players can enter dungeons to gain rewards such as gold, weapons, and magical parchments. ● Arena Battles (Coming Soon): A competitive PvP system is under development, where players can test their skills against each other. 3. Player-Driven Governance Through DAOs One of the standout features of Immortal Rising 2 is its decentralized governance model. Instead of developers making all the decisions, the game allows players to vote on important policies through a DAO system. Players can propose and vote on: ● Annual game development roadmaps. ● Adjustments to character growth and combat balancing. ● Addition or removal of game servers. ● Reward structures for in-game events. ● Potential re-election or replacement of the development studio every five years. Voting rights are distributed based on a player's contributions to the game, ensuring that those who are most active have a say in its future. 4. Blockchain-Based Economy The in-game economy is designed to be transparent and player-owned, supported by three key currencies: Immortal Token (IMT) ● The governance token of Immortal Rising 2. ● Used for voting, staking, and obtaining critical resources. ● Needed to craft ultra-rare (U-grade) items and NFTs. Starlight ● A valuable in-game currency earned through competitive content. ● Used for crafting powerful NFTs, hiring mercenaries, and modifying in-game policies. ● Awarded to top-ranking players who contribute significantly to the game’s ecosystem. Stardust ● A versatile in-game currency earned through gameplay and purchases. ● Used for crafting and enhancing premium items. ● Required for summoning high-grade items and purchasing from secret shops. This three-tiered system ensures that in-game assets have real value and can be traded or used to influence game mechanics. 5. Immortal Vault: Rewarding Player Engagement To encourage community participation, "Immortal Rising 2" introduces the Immortal Vault, a quest-based reward system. Players can earn ORB, a loyalty points system, by completing missions such as: ● Participating in the closed beta test and providing feedback. ● Engaging with social media and sharing game content. ● Competing in community events and quizzes. ● Inviting friends to join the game. The more ORB a player accumulates, the greater the rewards, including in-game items, whitelist access to exclusive events, and special giveaways. 6. Future Expansions The developers of "Immortal Rising 2" have ambitious plans for future updates, including: ● New Regions & Worlds: Expanding beyond the current maps. ● More Dungeons & Game Modes: Providing new challenges for players. ● Arena Battles: Competitive PvP mode where players can duel each other. IMT Goes Live on Bitget Immortal Rising 2 is redefining the gaming landscape by combining a thrilling RPG experience with decentralized governance and blockchain technology. It empowers players not only to engage in high-action battles but also to shape the game’s future and economy. With a strong foundation in community-driven development, an evolving fantasy world, and a transparent token economy, Immortal Rising 2 is poised to become a landmark title in the world of Web3 gaming. How to Trade IMT on Bitget Listing time: March 27, 2025 Step 1: Go to IMTUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade IMT on Bitget now! IMT on Bitget PoolX IMT will be a part of Bitget PoolX, a platform for users to receive new tokens for free on an hourly basis. Join now to get the best out of it! From 27 March 2025, 10:00 – 11 April 2025, 10:00 (UTC), you can lock BGB and IMT to share 9,665,000 IMT. - Locking pool 1: Total IMT Campaign Pool: 8,415,000 IMT Maximum BGB locking limit: 8,000 BGB Minimum BGB locking limit: 5 BGB - Locking pool 2: Total IMT Campaign Pool: 1,250,000 IMT Maximum IMT locking limit: 12,500,000 IMT Minimum IMT locking limit: 125 IMT Lock BGB and IMT to Get IMT now! IMT on Bitget CandyBomb IMT will come to Bitget CandyBomb, the first-of-its-kind tasks-and-airdrop platform by Bitget! Starting from 27 March 2025, 10:00 – 3 April 2025, 10:00 (UTC), you can grab tickets to share 6,600,000 IMT simply by completing the given tasks! Complete Tasks to Get IMT now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Usual (USUAL): A New Kind of Secure and Transparent Stablecoins

What is Usual (USUAL)? Usual (USUAL) is a multi-chain infrastructure designed to transform the financial landscape by creating a decentralized and secure stablecoin. At its core, Usual aggregates tokenized Real-World Assets (RWAs) from prominent institutions such as BlackRock, Ondo, and Hashnote to create USD0, a permissionless, on-chain stablecoin that is verifiable and composable, giving users the ability to engage with real-world value in a decentralized manner. What sets Usual apart is its focus on redistributing power and ownership. Unlike traditional centralized financial systems where control and profits are concentrated in the hands of a few, Usual aims to provide ownership and governance to the community. Usual’s model challenges the inequities of traditional finance by ensuring that financial power and profits are shared fairly among participants. The system redistributes value and aligns the interests of users with the growth and success of the protocol, in contrast to centralized banking systems that often privatize profits while socializing losses. Who Created Usual (USUAL)? Usual is the product of Usual Labs, a team of driven professionals and visionaries passionate about reshaping the future of decentralized finance. Since its inception in the third quarter of 2022, Usual Labs has worked tirelessly to bring the Usual DAO and its ecosystem to life, blending expertise from traditional finance, cutting-edge DeFi, and the regulatory and political landscapes. The CEO of Usual Labs is Pierre Person, who brings invaluable experience from his background as a former French Member of Parliament. His political insight and leadership are crucial in navigating the complex landscape of decentralized finance and regulation. He is joined by Adli Takkal Bataille, the DeFi OG and Liquid Fund Manager serving as the DEO, and Hugo Sallé de Chou, the COO, a fintech entrepreneur known for his work in P2P payments with Pumpkin. Manfred Tourron, the CTO, is a core contributor to Tendermint and Gnoland/Scaleway, providing technical leadership and innovation. Meanwhile, Pete, the CFO, brings over 10 years of experience in quantitative finance from BNP Paribas, ensuring the financial strategy of Usual is robust and secure. Rounding out the leadership team is Allan Floury, the VP of Product, who has a rich background in building on ecosystems like Cosmos and Starknet, playing a pivotal role in the development and implementation of Usual’s products. What VCs Back Usual (USUAL)? Usual’s vision is supported by a diverse network of angel investors and venture capital firms who share the protocol's commitment to advancing decentralized finance. Over 150 investors have placed their trust in Usual, bringing a wealth of expertise, resources, and credibility to the project. VCs that have invested in Usual are Kraken Ventures, LBank Labs, Axelar, IOSG Ventures, flowdesk, etc. Key investors also include prominent figures from the DeFi and crypto space, such as Michael Egorov, the founder of Curve Finance, and Sam, the founder of Frax Finance. Their backing solidifies Usual's position as a leader in DeFi innovation. Additionally, Charlie, a significant figure in the DefiLlama and Curve ecosystems, has also shown strong support for Usual. How Usual (USUAL) Works Usual’s ecosystem centers around two main products: the USD0 stablecoin and the USUAL governance token. Each asset plays a critical role in how Usual operates and aims to serve its users. Together, these assets form the foundation of Usual’s approach to creating a trustworthy and community-governed financial ecosystem. 1. USD0: A New Kind of Stablecoin USD0, the first Liquid Deposit Token (LDT) offered by Usual, is a fiat-backed stablecoin tied 1:1 to U.S. dollars. Stablecoins are digital assets meant to maintain a stable value, usually by being pegged to a currency like the U.S. dollar. However, unlike some stablecoins, which can sometimes face issues with transparency or security, USD0 is fully backed by Real-World Assets (RWA). This means that each USD0 token is backed by real assets with ultra-short maturities, such as U.S. Treasury Bill tokens, ensuring that it remains stable and secure. USD0’s unique feature is its backing through Treasury Bill tokens, which are safer and more stable compared to other fiat-backed stablecoins that may rely on traditional bank deposits. This approach makes USD0 a “bankruptcy-remote” asset, meaning it is separate from the risks associated with commercial banks. USD0 is also fully transferable and permissionless, making it easy for DeFi users to integrate and use across different platforms. Benefits of USD0 ● Stability and Trust: USD0 avoids risky practices like fractional reserves, meaning that for every USD0 issued, there is an actual dollar-equivalent asset backing it. ● Enhanced Security: By using Treasury Bills instead of bank-based reserves, USD0 reduces the risks associated with traditional fiat-backed stablecoins, which can be vulnerable to issues in the banking sector. ● Unified Liquidity: USD0 brings together different deposits, providing users with a more efficient and accessible way to manage their assets within the DeFi ecosystem. ● Alternative to USDT/USDC: USD0 offers a transparent, decentralized option for users who want more security and less dependence on commercial banking. 2. USUAL: Usual’s Governance Token USUAL is Usual’s governance token, designed to give users a say in the future of the platform. In traditional finance, decisions about products and policies are usually made by a small group of executives or board members. However, Usual aims to put these decisions into the hands of its community members, giving them the power to vote on important issues within the platform. This setup aligns with Usual’s community-centered values and allows users to directly impact the direction of the project. Key Functions of USUAL ● Ownership Rights: USUAL holders have a say in decisions related to the protocol’s infrastructure, collateral policies, treasury management, and revenue distribution. This means users can influence the overall direction and priorities of the Usual platform. ● Staking Rewards: Users who hold USUAL can stake (lock up) their tokens to earn additional USUAL tokens over time. This staking process also unlocks access to exclusive features and services within the platform. ● Value Accrual: USUAL has a deflationary structure, meaning the supply decreases over time through mechanisms like buy-backs. This approach is designed to increase the token’s value and provide long-term benefits to holders. ● Community Distribution: Unlike many tokens where a significant portion goes to insiders or founders, 90% of USUAL is distributed to the community, making it a genuinely community-owned asset. Usual Goes Live on Bitget The introduction of USD0 and USUAL is a game-changer for the DeFi space. Stablecoins are critical to DeFi, serving as a bridge between traditional finance and blockchain-based systems. However, existing stablecoins often face issues like a lack of transparency, over-reliance on traditional banking, and governance centralization. With its focus on security, transparency, and community-driven governance, Usual is setting a new standard for stablecoins and DeFi protocols. We are thrilled to announce that Usual (USUAL) will be listed in the Innovation and DEFI Zone. Check out the details below: Deposit Available: Opened Trading Available: 18 December 2024, 11:00 (UTC) USUAL/USDT Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Card: Unlocking the World of Crypto

Since the release of Bitcoin's whitepaper, cryptocurrencies have been a revolutionary force in the financial realm, challenging traditional notions of money and transactions. Their decentralized nature, security, and potential for growth have captured the imagination of investors and enthusiasts worldwide. However, despite the rapid adoption of cryptocurrencies, a significant gap remains between the crypto realm and everyday spending. This gap stems from the fact that most merchants still do not accept cryptocurrencies directly. As a result, crypto users often face the inconvenience and expense of converting their crypto to fiat currency before making purchases. This process, known as "off-ramping," can be time-consuming, costly, and complex, especially for those new to the world of crypto. Crypto Cards: A New Era of Financial Freedom Enter crypto cards, a brainchild of the fintech revolution: payment cards that allow users to directly spend their cryptocurrencies without the hassle of converting them to fiat currency. These cards offer a plethora of advantages, including: ● Convenience: Crypto cards eliminate the need for manual transactions and conversions, saving users time and transaction fees. ● Security: Crypto cards employ robust security measures to safeguard users' funds, ensuring peace of mind during transactions. ● Rewards: Many crypto cards offer rewards programs that incentivize users with cashback or other benefits for using their cards. The Ultimate Crypto Spending Solution With these rewards and many more exclusive ones, Bitget Card offers an innovative solution to crypto spending. Partnered with Visa, Bitget Card provides: ● Worldwide Acceptance: As a Visa Platinum card, you can use your Bitget Card anywhere Visa is accepted - over 50 million merchants across over 180 countries. ● Instant Transaction: No top-up or pre-load required. Settle all payments in real-time with your crypto balance. You will get all your card details before your physical card arrives and enjoy lightning-fast crypto payments in no time. ● Ultra-high USD Spending Limit: As a USD-denominated card, currency exchange fees are minimal when using your Bitget Card. You can also customize your spending limit anywhere between $0 to $1 million per month. Just remember to keep enough crypto in your account balance. ● Cashback in BGB (Coming Soon): Missed BGB's skyrocketing performance this year? You can earn up to 8% cashback in BGB whenever you pay with your Bitget Card. Bitget Card Fee Schedule and Spending Limits The Bitget Card charges no issuance fee for the first card, no annual fee, and at the same time offers competitive crypto conversion and foreign transaction fees. 1. Fees ● Annual Fee: None ● First Card Issuance Fee: None ● Card Re-issuance/Replacement Fee: Virtual Card: $10 | Premium Card: $59 | Black Card: $199 ● Transaction fee: 0.9%. The Bitget Card supports direct spending of USDT from holders' Bitget funding account, but as the Bitget Card operates in USD, this fee is applied to each transaction during the currency conversion process. ● Additional authorisation hold: 20% of the transaction value. This extra amount act as a security measure for potential fees or charges and will be released back to card holder's account once the transaction is completed. ● Inactivity Fee: $1 per month of handling fee after 12 months of no card transactions initiated by the card holder. The fee stops once the cardholder resumes transactions, and the 12-month inactivity period will also be reset. ● Card Cancellation Fee: None ● ATM Withdrawal Fee: $0.65 + 2% of transaction volume ● ATM Withdrawal Limit: Daily: $2,000 | Monthly: $10,000 ● ATM Withdrawal Frequency: Daily: 3 times | Monthly: 30 times ● Chargeback Investigation: 50 USDT Note: ATM withdrawals are unavailable in North Korea, Iran, and Myanmar. 2. Spending Limits Monthly Spending Limit Spending Limit per Transaction Card Level 1 $300,000 $10,000 Card Level 2 $500,000 $100,000 Card Level 3 $1,500,000 $500,000 Card Level 4 $3,000,000 N/A 3. Examples of Using Bitget Card In Your Every-Day Transactions Below are some examples of how to incorporate Bitget Card into your daily life. Please note that: ● when using the Bitget Card, which enables direct spending of USDT from your Bitget funding account, every transaction will result in a 0.9% crypto conversion fee. ● you might notice that there's a frozen amount of 20% higher than the actual transaction amount. This extra 20% acts as a security measure to guarantee that there are enough funds to cover any potential fees or charges that may come up during the transaction. Once the transaction is completed, the frozen amount will be returned automatically. The unfreezing process usually occurs as soon as the transaction is cleared, but it may take some time to be reflected in your Bitget Card balance due to Visa and/or bank processing. Case 1: USD Transaction ● Transaction Amount: $1,000 ● Crypto Conversion Fee: 0.9% ● Calculation: Crypto conversion fee = $1,000 x 0.9% = $9 ● Total fee is then $9 Case 2: Non-USD Transaction ● Transaction Amount: $1,000 worth of Euros ● Crypto Conversion Fee: 0.9% ● Foreign Transaction Fee: 0.5% (Bitget) + 1% (Visa and card issuer) ● Calculation: ○ Crypto conversion fee = $1,000 x 0.9% = $9 ○ Foreign transaction fee = $1,000 x 1.5% = $15 ● Total fee is then $24 Case 3: USD ATM Withdrawal ● Withdrawal Amount: $500 ● Crypto Conversion Fee: 0.9% ● ATM Withdrawal Fee: $0.65 + 2% ● Calculation: ○ Crypto conversion fee = $500 x 0.9% = $4.5 ○ Withdrawal fee = $0.65 + 2% x $500 = $10.65 ● Total fee is then $15.15 Bitget Card Eligibility For now, the Bitget Card is made for VIP customers and by invitation only. You may check the Bitget VIP program here. In the future, this card will be open to the public. Currently, a single Bitget user ID can only order one Bitget Card. No additional cards are supported. Eligible Countries/Regions Please check the list of eligible countries/regions here. Using the Bitget Card Upon successful application, you will instantly gain access to your virtual Bitget Card, which allows you to view card details and start using it immediately through supported wallets like Apple Pay, Google Pay, and Alipay for online shopping. Your physical card will be shipped within 45 business days, and once received, it can be used for a variety of transactions including POS machines, ATM withdrawals, contactless payments, chip card reading, and side swiping with comprehensive flexibility for both online and in-person purchases. The Bitget Card is connected to the Funding Account of the Bitget account and will automatically consume the USDT balance for each purchase. The card supports multi-currency spending in over 180 countries and regions within the Visa network. Visa converts the local currency to USD, which Bitget then converts to USDT and deduct it from your Funding Account. Currently supported cryptocurrencies: USDT. We have plans to support BTC, ETH, USDC, BGB soon. Get Your Bitget Card Now! With Bitget Card, the world of crypto becomes truly accessible and integrated into our daily lives. No longer bound by the limitations of traditional finance, crypto users can now harness the full potential of their digital assets, unlocking a new era of financial freedom and convenience. For more information about applying for and using your Bitget Card, please refer to our Bitget Card tutorial.

Nexa (NEXA): Next Generation Blockchain

NEXA is the native token of Nexa, a bleeding-edge blockchain foraging at the frontiers of freedom and sovereignty. With its unique proof-of-work mechanism, Nexa operates at the speed of light. All transactions are finalized almost instantaneously. With the added benefit of Wise-contracts, Nexa’s blockchain is beyond smart. It is the next-generation blockchain that is set to revolutionize the entire industry. What is Nexa (NEXA)? Nexa is a proof-of-work, UTXO layer-1 blockchain with native smart contract and NFT support. With technologies such as Graphene, Thinner, and 0-conf, Nexa can reduce transaction overhead, compress block size, and execute instant transactions without confirmations. It also offers immense scalability, capable of handling over 10 billion transactions per day. How NEXA works Nexa is built on several key features: Immense capacity scalability: Nexa’s unique proof-of-work mechanism - updating only the UTXO instead of the entire blockchain - makes it possible for the entire blockchain to operate at an incredible speed while taking up a fraction of the bandwidth and storage of traditional layer-1s. In theory, Nexa can finalize around 100,000 transactions per second. Instant, fraud-proof transaction: Doublespend is a problem virtually every blockchain has to tackle. Nexa’s own solution, double-spend proofs and double-spend forfeits, can detect any double-spend behavior, broadcast it as a top-priority message across the entire blockchain, and make it so that the double-spenders will find it not profitable to attempt this and anyone who catches a double spender gets a reward. Native token standards support: one of the key features blockchain boasts is the potential to tokenize everything. At first, it was fungible and non-fungible assets. These tokens are perfect for storing and transferring value. Nexa offers native token support and more. Your tokens are more than digital assets but your identity, ownership, and beyond. Wise-contracts: all of these stunning innovations are made possible by Wise-contracts, Nexa’s own, better version of smart contracts. Wise-contracts do everything smart contracts can, and elevates them to another level with Nexa’s ultra-scalability. The first Wise-contract, ‘HODL Vaults’, has already been deployed and is now ready to help investors all over the world make more informed, rational decisions. NEXA goes live on Bitget Nexa has never stopped improving and perfecting its infrastructure and the entire ecosystem while redefining the boundaries of freedom and sovereignty in the digital economy. With its innovative approach, Nexa aims to provide a robust foundation for a new era of permissionless financial systems, accessible globally. How to trade NEXA on Bitget Step 1: Go to the NEXAUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. By addressing the inherent limitations of existing cryptocurrencies, Nexa is paving the way for a more scalable, secure, and versatile blockchain ecosystem. Its commitment to providing global financial sovereignty, coupled with innovative features like Wise-contracts and native token systems, positions Nexa as a leading force in the future of digital finance. As the blockchain industry evolves and prospers, Nexa and the NEXA token stand poised to redefine the standards of blockchain technology and decentralized finance. Trade NEXA now on Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Mystiko.Network (XZK): Leading Web3 Privacy and Security with ZK Technology

What is Mystiko.Network (XZK)? Mystiko.Network (XZK) is an innovative base layer for Web3 that leverages Zero-Knowledge (ZK) technology to enhance the scalability, interoperability, and security of blockchain networks. By providing a universal ZK SDK, Mystiko empowers developers to build blockchain applications that are cost-efficient, scalable, and secure, all while protecting users' on-chain identities and transaction histories. Who Created Mystiko.Network (XZK)? Mystiko.Network was created by a group of anonymous engineers who formed a DAO to drive the project's development. Despite the anonymity of its creators, the project has gained significant attention and support from the blockchain community and prominent venture capitalists. What VCs Back Mystiko.Network (XZK)? Mystiko.Network has received backing from several notable venture capital firms and individual investors. Some of its selected backers include Sequoia, Samsung NEXT, CoinList, HashKey Capital, Gnosis Safe, Signum Capital, and notable figures like Sandeep Nailwal and Gokul Rajaram. This strong financial support underscores the confidence that investors have in Mystiko's potential to revolutionize the Web3 landscape. How Mystiko.Network (XZK) Works Features Mystiko.Network offers a range of features designed to address the key challenges in the blockchain space. Here are some of the main features: ● Zero-Knowledge Proof Technology: Mystiko uses advanced ZK technology to create a secure and private environment for blockchain transactions. This technology ensures that users' financial data, including account balances and transaction histories, remain confidential. ● Cross-Chain Connectivity: Mystiko's ZK-SNARK protocol can be implemented on almost all major Layer 1 and Layer 2 blockchains, such as Ethereum, BSC, Solana, Polkadot, Avalanche, and more. This cross-chain compatibility makes Mystiko the base layer of Web3, enabling seamless interoperability across different blockchain networks. ● Lower Transaction Fees: By utilizing ZK-based scaling technology, Mystiko significantly reduces transaction fees. This makes blockchain transactions more affordable for users. ● Complete User Control: Mystiko is a non-custodial protocol, meaning users retain full control over their cryptocurrencies throughout the entire process. Users' assets are never held or managed by Mystiko.Network. ● One-Click User Experience: Mystiko offers a user-friendly interface that allows for single-click cross-chain ZK transactions. This simplifies the process of transferring assets between different blockchains. ● Aggregated Major Bridges: Mystiko integrates with popular cross-chain bridges, enabling users to choose their preferred bridge services with just one click. ● Secure ZK Environment: Mystiko provides an ultra-secure environment for users' financial data. Even in the unlikely event of a hack, the design of Mystiko's protocol ensures that users' assets remain protected. ● Compliance and Security: Mystiko.Network is committed to protecting user activity for legitimate purposes and does not support illegal activities, such as money laundering. The network has designed a decentralized auditing system to ensure that suspicious deposits are scrutinized while regular users' data remains protected. Mainnet and Testnet Mystiko.Network is already live on the Ethereum mainnet, along with its first web wallet, CAMO Wallet. Users can deposit, pay, and transfer assets securely on supported blockchains, including Ethereum, BNB Chain, Polygon, Base, Avalanche, and Linea. CAMO Wallet, built by Mystiko's ecosystem partner, offers a secure and convenient way to manage assets across these blockchains. For developers and users interested in testing Mystiko's features, the network also supports several testnets. These include Ethereum, BNB Chain, Polygon, Avalanche, Fantom, and Aurora, among others. Testnets provide a safe environment to experiment with Mystiko's capabilities without risking real assets. Use Cases of Mystiko.Network Mystiko.Network's versatile SDK opens up a wide range of use cases across the blockchain ecosystem. Here are some examples: ● Cross-Chain ZK Bridge: Users can deposit assets on one chain and withdraw them from another without exposing transaction details. This feature can be implemented on any cross-chain bridge to enhance security. ● MystikoPay: This service enables secure on-chain payments without exposing users' payment histories. It is particularly useful for businesses that want to protect sensitive financial information. ● Secret Vault: Users can transfer assets to a new, secure address without exposing their transaction data. Wallets can integrate this feature to offer enhanced privacy to their users. ● ZK DEX: Decentralized exchanges (DEXs) can use Mystiko to provide secure trading environments where users' financial data remains protected. XZK Goes Live on Bitget XZK, the native token of Mystiko.Network, is essential for running the network, as they enable ZK-Rollup miners and relayers to process transactions efficiently and securely. By staking XZK, token holders can contribute to the network's functionality and vote on key governance decisions, shaping the future of Mystiko.Network. This decentralized approach ensures that the community has a direct impact on the development and management of the network, making XZK a valuable asset for those interested in the evolution of secure and scalable blockchain technology. Trading XZK on Bitget offers a unique opportunity to participate in the governance and operation of such a groundbreaking blockchain platform like Mystiko.Network. How to Trade XZK on Bitget Listing time: June 18, 2024 Step 1: Go to XZKUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading. Trade XZK on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Playbux (PBUX): The Go-to Comprehensive Web3 Entertainment Platform

What is Playbux (PBUX)? Playbux (PBUX) is a Web3 platform that blends entertainment, gamification, DeFi, rewards, and more into a seamless experience. Playbux aims to incentivize user engagement through various activities, including walking, watching content, and participating in lotto pools. Users can earn virtual currencies, exclusive NFTs, and even real-world prizes by actively engaging with the platform. How Playbux (PBUX) Works Participating in Playbux is straightforward and accessible to users of all backgrounds. Upon joining the platform, users can explore the different features and begin earning rewards immediately. Whether it's taking a leisurely stroll, watching engaging content, or trying their luck in the lotto pool, Playbux offers something for everyone. Walk to Earn One of Playbux's flagship features is "Walk to Earn," where users can earn Weekly Points by simply walking. Every step taken contributes to the accumulation of these points, empowering users to achieve their fitness goals while earning rewards in the process. Whether it's a brisk morning stroll or a leisurely evening walk, every step counts towards earning Weekly Points. Once users have accumulated a sufficient number of Weekly Points, they can redeem them for lotto tickets, unlocking the opportunity to win exciting prizes through the Playbux Lotto Pool. This seamless integration of fitness and rewards encourages users to stay active and engaged, fostering a positive cycle of motivation and achievement. Watch to Earn Through the "Watch to Earn" feature, users can earn rewards simply by watching content on the platform. Whether it's videos, articles, or other forms of media, every minute spent engaging with content earns users valuable rewards in the form of lotto tickets. VIP members enjoy additional benefits, including increased ticket earnings, further enhancing the rewards for their engagement. This feature not only incentivizes users to spend more time on the platform but also fosters a sense of community as users interact with and discover new content together. Playbux Lotto Pool The Playbux Lotto Pool represents an exciting opportunity for users to test their luck and win rewards. By obtaining lotto tickets through various means such as walking, watching, or participating in events, users can enter different pools for daily, weekly, or monthly draws. The prizes up for grabs range from USDT to exclusive NFTs and Playbux tokens, offering a diverse array of rewards to suit different preferences. The lottery draws are conducted fairly and transparently, ensuring that every participant has an equal chance of winning. This element of chance adds an element of excitement to the Playbux experience, keeping users engaged and entertained as they await the results of each draw. Playbux NFT: Ultra Collection Playbux introduces the Ultra Collection, an exclusive series of NFTs that offer holders a range of benefits and privileges. These NFTs serve as digital collectibles, each possessing unique attributes and characteristics. Beyond their aesthetic appeal, Ultra NFTs also unlock various benefits and privileges within the Playbux ecosystem. From access to special events to enhanced rewards, owning Ultra NFTs elevates the user experience and distinguishes collectors as valued members of the Playbux community. With a limited supply and increasing demand, Ultra NFTs represent not only a valuable investment but also a symbol of status and prestige within the digital world. PBUX Goes Live on Bitget As Playbux continues to evolve, users can expect even more exciting features and opportunities. With plans to introduce additional rewards, partnerships, and events, the platform remains committed to delivering value and enjoyment to its growing community. PBUX, the native token of Playbux, offers extensive utilities within the Playbux platform. As PBUX is listed on Bitget, now is the best time to engage in trading activities. With its versatile applications, PBUX serves as more than just a cryptocurrency. It facilitates earning, spending, and gaming experiences within the Playbux platform. Users can earn PBUX through activities like Shop to Earn and Watch to Earn, ensuring a sustainable economic model where tokens are earned through real income rather than artificially inflated. Moreover, PBUX can be utilized to purchase in-game assets, lotto tickets, and exclusive NFTs, providing users with enhanced purchasing power and benefits. As Playbux introduces exciting gaming experiences like "Conquer to Earn," where PBUX serves as the currency for participation and rewards, trading PBUX on Bitget opens up opportunities to engage with the dynamic Playbux ecosystem and capitalize on its growing utility. How to Trade PBUX on Bitget Listing time: April 23, 2024 Step 1: Go to PBUXUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading. Trade PBUX on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Hot Takes (March 18 - March 24, 2024) - Market Updates

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, which sums up BGB performance, what's new at Bitget, and the latest market movements. The latest Bitget Hot Takes can be found here: All About Bitget | Market Updates Central Themes • Bitcoin weekly low: US$60,808; Bitcoin spot ETFs saw the first week of net outflow since launch. • The SEC delayed several spot Ether ETF applications and is currently seeking to classify Ethereum as a security. • Interest rates decisions: unchanged in the U.S., first positive rate after eight years in Japan, and a rate cut of 0.25% by the Swiss National Bank. Week 12: 'Healthy Correction' For Bitcoin Twitter analysts and traders such as Peter Brandt and Michaël van de Poppe referred to the recent decline of Bitcoin to US$60,808 as a 'healthy correction' as it took place before the FOMC meeting/decision on March 20 and after the Bank of Japan (BoJ) raised their short-term interest rates to 0-0.1% for the first time in eight years, ending nearly a decade of their ultra-loose monetary policy. The interest rates decisions by the BoJ, the FED and the Swiss National Bank (SNB) present a complex backdrop for the cryptocurrency markets in that the Bank of Japan's increase in rates might signal a reduction in liquidity and a potential decrease in risk appetite, potentially leading to a shift away from non-yielding assets like cryptocurrencies in Japan. However, the FED's decision to keep rates unchanged and the SNB's rate cut could maintain favourable liquidity conditions in the U.S. and Switzerland, possibly offsetting some of the negative impacts and keeping cryptocurrencies attractive as alternative investments. Ethereum turned out to be the biggest losers in the Top 5. The SEC's intensified legal efforts to classify Ethereum as a security, especially after the blockchain's transition to a PoS model, have cast doubts on the crypto industry's hopes for an Ethereum ETF, contrasting with the recent approval of Bitcoin ETFs. This scrutiny includes subpoenas to companies regarding their dealings with the Ethereum Foundation, signaling a broader crackdown amidst the second-largest crypto's uncertain legal status. SEC Chair Gary Gensler's stance suggests that PoS-based cryptocurrencies might be considered securities, although Ethereum has not been explicitly mentioned. This regulatory ambiguity is compounded by the SEC's previous approval of ETFs tracking Ether futures, overseen by the CFTC, which views Ether as a commodity. These developments introduce significant uncertainty into the approval process for spot Ether ETFs, potentially impacting the regulatory oversight of Ether futures markets and the broader classification and treatment of Ethereum within the financial regulatory framework. Data shows that Bitcoin, often seen as digital gold, must've been withdrawn from CEXs for long-term holding, signaling a belief in its long-term value despite short-term price drops. Conversely, Ethereum flowing into exchanges could indicate a readiness among investors to trade or sell as a direct result of the SEC's hawkish stance against this crypto. W12 is the first week with a negative net flow for spot Bitcoin ETFs. Almost US$2 billion flew out of the Grayscale Bitcoin Trust, and even the mighty BlackRock Bitcoin fund hit a record of only US$950 million in inflows in one week - the third-lowest since its launch. Invesco Galaxy, Hashdex and all three biggest futures Bitcoin ETFs had negative inflows. Possible explanations for mining stocks achieving double-digit gains when Bitcoin prices went down are strategic operational efficiencies, diversification of revenue streams, and engaging actively with the broader crypto ecosystem. Setting The Tone: Monday Performance Funding rates for Ethereum were quite high at closing times on Monday at 0.0423%, while the numbers are more 'normal' for Bitcoin at 0.0125%. Both markets saw an increase in the numbers of open contracts due to Bitcoin surging to US$71K. Combined volume of all spot Bitcoin ETFs yesterday was also higher than any day of last week, meaning heightened risk appetite from both individual and institutional investors. Do you know that you can win BTC for free simply by completing easy tasks on Bitget ? And we are also offering 100% fee rebate on all Bitcoin/Ether purchases via Credit/Debit cards as well as the 0-fee spot trading program for BTC/USDT and ETH/USDT pairs ? There's no better time to join us. Trade BTC and ETH on Bitget today: Bitget Spot Trading | Bitget USDT-M Futures | Bitget Coin-M Futures | Bitget Copy Trade New Events BTC ETH offer — Enjoy a 100% fee rebate on credit/debit card purchases! New user exclusive: Buy crypto to get up to a 50% rebate! Credit/debit card anniversary — buy BTC to win 100% guaranteed rewards! #BitcoinHalving: make a bank transfer of EUR or BRL to grab a share of $500,000 in BTC! 100% guaranteed: Spin to win 500,000 BGB, XRP, ADA, BTC, and more! Join Bitget x FISH Community Campaign Now to Claim Your Special $2,000 FISH Rewards! Join Bitget x BEFI Community Campaign Now to Claim Your Special $1,000 BEFI Rewards! Learn2Earn: Take the BTC halving quiz and win $10,000 in BGB! Celebrate the Bitcoin halving with us and grab a share of 500,000 USDT Bitget's Easter Crypto Giveaway: Win Your Share of 1,000,000 KES! Complete net deposit, spot trading, and referral tasks on CandyBomb to earn FISH! Join Bitget x OMNI Community Campaign Now to Claim Your Special $1,000 OMNI Rewards! Join the Bitget x Gecko Inu Community Campaign Now to Claim Your Special $6,500 GEC Rewards! Deposit to List: DeFinder Capital (DFC) - Deposit and Share 3,268 DFC Rewards! Complete net deposit, spot trading, and referral tasks on CandyBomb to earn PIKA! Complete net deposit, spot trading, and referral tasks on CandyBomb to earn ALE! Good Reads Bitget P2P Platform Trading Rules ARC-20: The Future of Tokenization on the Bitcoin Network Easy Steps to Purchase Bitcoin Before the Halving Rush OmniCat (OMNI): Revolutionizing Meme Coins with Omnichain Technology TON FISH (FISH): The First Meme Coin on TON Blockchain Simply create an account, and start exploring the incredible Bitget-Verse today!

Bitget Hot Takes (January 29 - February 04, 2024) - All About Bitget

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, which sums up BGB performance, what's new at Bitget, and the latest market movements. The latest Bitget Hot Takes can be found here: All About Bitget | Market Updates Central Themes • BGB crossed US$0.63 on February 02 and is still hovering there. • BTC went up slightly to US$41.8K - US$43.8K. • Bitget Markets: average crypto OI is up by 5.4%, Bitcoin OI and spot volume down by 1.2% and 6.1%, respectively. BGB Crossed US$0.63 After falling to a weekly low of US$0.57, BGB made a (quite smooth) comeback last week: first reaching US$0.62 on the first day of February and maintained the momentum to cross US$0.637 the next day. It has been trading around US$0.63 ever since, resulting in a WoW return of 6.7% compared to Bitcoin's 2% and Ethereum's 1.2%. Meanwhile, BNB and XRP both registered a 2% decrease in the last seven days. Indicators show that BGB's new accumulation trend began on January 23, around the same time where the RSI flipped from oversold. The rise in BGB prices led to a surge in its 7D volume of 43% to US$173.5 million, hence better liquidity as well. The volume-to-mcap ratio of BGB is now above 0.03, higher than Bitcoin as well as BNB and almost on the same level with Ether. XRP has the highest number, but considering the slight decrease in its value, the situation does not necessarily mean good news. The Latest Bitget News Our biggest announcement into 2024 remains the Bitget Card, which is meant to simplify the off-ramp process and normalise the use of crypto in our daily lives thanks to the instant ultra-high USD spending limits! You only need to have some crypto in your Bitget account to start using it! Besides, BGB cashback is soon to be added for Bitget Card holders - be the first to get a Bitget Card and earn more on your spending! Bitget Card Introduction is available here, together with our tutorial on how to apply for your Bitget Card. The biggest macro event last week was the FOMC meeting on January 30-31, with the FED deciding to halt its rate hike series. Bitcoin has been trading flat; actually it has inching a little bit higher to US$43.8K prior to the decision, then back and forth around US$43K. Unchanged rates were expected, so there was no dramatic move with regards to BTC prices, thus some minor decreases in terms of Bitget spot volume and Bitcoin OI. Top daily gainers of the week on Bitget include FIRE/USDT, ZETA/USDT, JUP/USDT, DMAIL/USDT, ORNJ/USDT, ASM/USDT, and OPUL/USDT, with 4 out of 7 being Bitget Initial Listings. New listings for today include PepeFork (PORK) and Janus (JAN) , deposits of which are already opened and trading will begin at 11:00 AM (UTC ) and 2:00 PM (UTC) , respectively! It's always important to make sure you do not miss first-mover advantages for any poised-for-success tokens, therefore we provide the most comprehensible token intros in a timely manner as follows: Flare (FLR): The Layer 1 That Facilitates Unparallel Interoperability De.Fi (DEFI): The First Automated Cross-Chain Decentralized Security Scanner for Smart Contracts API3 (API3): Decentralized APIs Planning to Replace Third-Party Oracles in Blockchain Dmail (DMAIL): The First Decentralised Email And Messaging Service Jupiter (JUP): Unlocking Massive Liquidity on Solana with Simplicity Matr1x Fire (FIRE): A New Era of Play-to-Own Gaming New users are so very welcome to invest wisely in crypto by minimising costs. Time the market and make 0-fee crypto purchases on Wednesday and the weekend as Credit/Debit card owners! It's not just limited to newbies, experts can deliberately join, too! Don't forget to check out the great Bitget Reward Center for 5,027 USDT in a welcome bonus and take our limited-time offer for a 50% rebate on crypto purchases. Hurry up, 1,200,000 USDT in rewards is being distributed on a first-come, first-serve basis with participation period EXTENDED TO February 29! We know that newbies tend to be cautious with their very first transactions (not that we are advising you against that!), for example, by sticking to stables and making purchases of small value. We believe that every baby step counts, therefore why not encourage each baby step with the hottest tokens? US$500,000 in BABYELON, BABYBONK, BGB, SUI, ARB, OP, MANTA, SOL and BTC for all purchases/deposit from 10 USDT! All information can be found here: Buy/Deposit 10 USDT to share US$500,000 in BABYELON, BABYBONK, SUI, BTC more! Looking for extra earning options on Bitget? Check this out: • Bitget Savings : New tokens can be added to our savings vaults within days after the listing with up to 100% APR for a limited time! The newly added options are OPUL , GUAC , COREUM and ZETA with up to 60% APR, ELA , OORT , MANTA , MCH and VR with up to 50% APR, and DOME , POKT , AVAV , TSUGT , AVA , and 3ULL with up to 30% APR. Enjoy the Savings Boosts before they are sold out! • Bitget Launchpool: Similar to Bitget Savings, but it’s for BGB owners to put their holdings to work! Exclusive pools for new users as well! • Bitget Snowball and Bitget Smart Trend: New subscription period begins every Monday! • Weekly exclusive earning opportunities: Up to 10% APR on Bitget Wealthy Tuesday All Bitget Earn guides are available here: Bitget Range Sniper | Bitget Shark Fin | Bitget Dual Investment | Bitget Smart Trend | Bitget Snowball | Bitget Wealth Management New Events Buy/Deposit 10 USDT to share US$500,000 in BABYELON, BABYBONK, SUI, BTC more! Extended! 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