DUBAI, UAE, May 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully concluded TOKEN2049 Week with its flagship Institutional (INS) Symposium, an exclusive, invite-only event designed to foster deeper connections and collaborative innovation within the institutional crypto space.

Tailored for hedge funds, family offices, and high-net-worth investors, the symposium convened Bybit’s top institutional clients and ecosystem partners for a full day of thought leadership, strategic alignment, and insightful discussions on the future of digital finance. Held under the theme of Bridges of the World, the event embodied the company’s mission to build transformative connections between traditional finance and the emerging digital asset ecosystem, while paving the way for forward-thinking, inclusive financial growth.

The agenda for the symposium was curated to provide actionable insights, including high-level discussions on macroeconomic trends, as well as deep dives into Bybit’s cutting-edge institutional-grade products. Attendees explored partnership opportunities across several strategic areas, including advanced derivatives, unified loan account, API infrastructure, custody solutions, as well as stronger security and wallet solutions — all critical elements in building a resilient bridge to the future of finance.

Shunyet Jan, Head of Institutional and Derivatives at Bybit, shared, “Bybit’s 100% growth in institutional clients in 2024, surpassing 2,000 active entities, reflects the growing trust in our platform. This momentum is strengthened by strategic partnerships, including our collaboration with Zodia Custody for off-venue settlement solutions, responding to industry security concerns. Alongside partners like Fireblocks and Copper, we continue to ensure secure, institutional-grade custody for our clients.”

Throughout the event, leading voices from the industry shared their expertise, including Paul Kremsky, Head of Business Development at Cumberland; Jordi Alexander, CEO of SLN Selini Capital; and Dom Longman, Managing Director for the Middle East and Africa at Zodia Custody. Their participation underscored the importance of institutional engagement in shaping the future of crypto, highlighting the evolving role of regulated institutions in bridging the gap between traditional finance and digital assets.

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“The symposium was about fostering deeper relationships and creating space for institutions to align on shared goals,” added Shunyet Jan. “By offering an inside look at what’s coming next and opening the floor for collaboration, we’re laying the foundation for future growth — together.”

Attendees from leading firms praised Bybit’s resilience, innovation, and strong community presence. Han of Adaptive Frontier said, “Super well done handling the hack. Everyone was just super impressed. It gave us a lot of comfort.” Jonas Schmidt of SSW Alpha Rock Fund PCC Ltd called it “an amazing experience trading with Bybit, one of the best exchanges,” adding, “I wouldn’t be happier with the exchange.” Vincent Liu of Kronos Research shared his impression of the gathering: “This is a great event so far today. You guys have some great guests.” Allen Fok of Elk Crypto concluded, “I’m really glad you guys are doing something like this — to have everybody in the same place where we can talk.” Salim Dhanani of Pave Bank added, “The market is only going to grow 100x bigger and I think Bybit’s perfectly positioned to capture it.”

Bybit’s active role during TOKEN2049 Week further solidified its long-standing commitment to advancing global crypto adoption through education, infrastructure development, and strategic partnerships. As Dubai continues to establish itself as a global digital asset hub, Bybit is proud to contribute to the growth of the sector and support the institutions that are building the future of finance.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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VICTORIA, Seychelles, May 8, 2025 /PRNewswire/ —  MEXC, a leading global cryptocurrency exchange, announces that it will list Shardeum (SHM) in the Innovation Zone on May 8, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC has launched three exclusive events with a combined prize pool of 72,000 SHM and 150,000 USDT.

Shardeum is an EVM-compatible, autoscaling blockchain designed with dynamic state sharding to ensure permanently low gas fees while maintaining full decentralization and robust security. Shardeum is on a mission to facilitate an affordable blockchain ecosystem with sustainably low gas fees. The project has secured over $31 million in funding with backing from leading investors, including Struck Crypto, Arrington Capital, Big Brain Holdings, Spartan Group, Amber Group, Foresight Ventures, Jane Street, and more.

$SHM is the native token of the Shardeum ecosystem. It serves both utility and governance purposes, including fee payments, validator staking, and on-chain governance. It plays a vital role in the platform’s consensus mechanism, aligning incentives and securing the network to support sustainable Web3 innovation.

To celebrate the listing, MEXC has launched three events for users:

• Event 1: Shardeum (SHM) Launchpool – Stake USDT & MX to Share 63,360 SHM
  From May 2, 11:00 to May 4, 11:00, 2025 (UTC), users can stake USDT or MX on MEXC Launchpool to earn a share of 63,360 SHM. This initiative provides early access to SHM through token staking.
• Event 2: Invite New Users & Share 8,640 SHM
  Users can earn 8 SHM for each new user they invite who registers, deposits at least 100 USDT, and participates in the Launchpool event. Each participant can invite up to 20 users and earn a maximum of 160 SHM. Rewards will be distributed on a first-come, first-served basis.
• Event 3: Join Airdrop+ to Share 150,000 USDT 
  Users can participate in this event from May 2, 11:00 to May 16, 11:00, 2025 (UTC), and enjoy the following benefits:
  Benefit 1: Deposit and share 72,000 USDT in Futures bonus (New user exclusive)
  Benefit 2: Spot Challenge — Trade to share 10,000 USDT in Futures bonuses (For all users)
  Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonuses (For all users) 
  Benefit 4: Invite new users and share 18,000 USDT in Futures bonuses (For all users)

MEXC has established itself as an industry leader by consistently providing users with early access to promising crypto projects. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. Moving forward, MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

For full event details and participation rules, please visit here.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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SINGAPORE, May 8, 2025 /PRNewswire/ — HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.”

This week, what does Trump’s emerging token plan mean for crypto markets? Why is the Fed holding rates steady? Behind Bitcoin’s rebound, are hidden risks lurking? In this edition of HTX DeepThink, Chloe (@ChloeTalk1) from HTX Research breaks it all down.

Trump Media Group’s Utility Token: A Potential Shift in U.S. Equity Tokenization

On April 30, Trump Media & Technology Group announced it would collaborate with the Truth digital wallet to launch a new utility token called DJT. Initially, DJT will facilitate payments for the Truth+ subscription service, with plans to expand its utility across the Truth ecosystem.

It’s the first time a publicly listed U.S. media company is launching a utility token tied to a real-world product ecosystem, signifying a historic convergence between traditional equities and on-chain asset formats. Although the team has yet to announce a release date, blockchain platform, or tokenomics, the rollout appears to follow Trump’s classic strategy: hype first, details later.

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DJT is hitting the market at just the right moment as memecoin mania is cooling and narratives are shifting toward utility and payment integration. Similar to HTX’s recent listing of WLFI’s USD1, demand for “practical crypto assets” is surging. DJT combines powerful political branding with real ecosystem support, offering long-term value potential far beyond that of short-lived meme-driven tokens.

U.S.-China Trade Talks: A Temporary Easing Amidst Persistent Tensions

This weekend, U.S. Treasury Secretary Scott Besant and Trade Representative Jamison Greer will meet with Chinese Vice Premier He Lifeng in Geneva. This meeting, the first high-level U.S.-China trade talks since heightened tensions in spring 2025, signals a potential diplomatic thaw.

Although both sides still dispute who initiated the talks, the meeting alone sends a strong signal of reengagement and diplomatic thawing. With tariffs at historic highs, markets are interpreting the summit as a short-term de-escalation of geopolitical risks—sparking a relief rally in risk assets.

Following the news, Bitcoin rose by approximately 3.6%, briefly surpassing $97,000. This reflects how sensitive capital flows remain to macro-level easing signals. While structural differences between the two nations are far from resolved, the current window of policy détente may offer a short-term liquidity boost for digital assets, gold, and tech stocks.

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Powell Throws : “Now Is Not the Time to Cut Rates”

On May 8, the Fed held interest rates steady at 4.25%–4.50% for the third consecutive meeting. While it was widely expected, Fed Chair Jerome Powell struck a noticeably more cautious tone during the press conference:

• “Now is not the time for us to lead with a rate cut.”
• “The cost of waiting is relatively low.”
• “Whether we cut this year depends on how things develop.”

The Fed is currently caught in a “dual bind”: on one hand, disinflation has stalled, with PCE and CPI both above the 2% target. On the other, the central bank’s fiscal position is deteriorating. A 25–30 bps rate cut could shave $20 billion off annual income, further reducing remittances to the Treasury and raising concerns over the Fed’s policy independence.

As a result, despite markets currently pricing in three rate cuts in 2025, the Fed is more likely to take a “data-driven, delayed transition” approach.

Bitcoin’s Market Dynamics: Macroeconomic Data to Dictate Direction

Despite BTC rebounding to around $99,000 on geopolitical and monetary optimism, the options market is not confirming a strong directional bias. Deribit data shows implied volatility on June and July calls rising only modestly, while 25d risk reversals remain neutral to slightly bearish, and skew curves are relatively flat. Notably, large Gamma exposures are clustered around the $95,000–$100,000 range, indicating that BTC is currently trapped in a “high-volatility, low-conviction” zone awaiting macro catalysts.

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If CPI and jobs data for May–June remain hot, the Fed may push back on rate cut expectations—risking a BTC pullback. Conversely, if inflation cools and unemployment ticks up, Powell may pivot dovishly, providing a green light for BTC to break out of its volatility compression range and resume its bullish trend.

*The above content  is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.

About HTX Research

HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.

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