Blockchain Press Releases
Bitget’s Smart Portfolio Bot Enables Sophisticated Crypto Trading For Users

VICTORIA, Seychelles, Sept. 26, 2023 /PRNewswire/ — Bitget, the leading crypto derivatives and copy trading platform, has announced the launch of Smart Portfolio, an intelligent investment bot designed to boost returns. This is a groundbreaking addition to its platform that promises to empower traders and investors with dynamic portfolio management capabilities, allowing users to rebalance assets based on price fluctuations to earn higher profits.
The Smart Portfolio bot represents a quantum leap in the way users manage their digital asset portfolios. It is an intelligent bot that continually and dynamically rebalances positions within a user-selected portfolio of cryptocurrencies, ensuring a constant proportion of each coin is maintained. Smart Portfolio shifts allocations between cryptocurrencies in a user’s portfolio as market values change. The bot will bank profits when asset prices peak and buy additional crypto when prices are low. This dynamic rebalancing aims to increase overall portfolio value over time versus simply holding assets.
Users can choose between two rebalancing modes tailored to their unique investment strategy: percentage-of-portfolio rebalancing and calendar rebalancing. Percentage-of-portfolio rebalancing is triggered when the percentage allocation of one or more coins deviates from the preset target by a threshold amount, due to changes in market capitalization. This helps maintain the desired coin proportions. Calendar rebalancing means time-based adjustments occur at fixed intervals to rebalance back to the preset allocations, if the percentages have drifted. The intelligent bot analyzes price momentum and volatility to determine the optimal times to rebalance under both modes. Its algorithms aim to maximize returns from portfolio rebalancing based on market conditions.
Smart Portfolio bot with dynamic rebalancing enables systematically buying low and selling high across the market’s cycles. The key is to act swiftly to lock in gains from short-term price spikes before values fall back down. Then reinvest those freed-up funds into undervalued coins poised to rally. This mechanism can steadily increase the total quantity of cryptocurrency assets held over time.
There are often correlations between cryptocurrencies and sectors in the crypto market. When some coins rise in value, others may fall. Simply holding assets can miss major profit opportunities during these cycles. For example, if a few coins increase in price and then start to decline, some other coins may simultaneously begin rising. By taking timely action to sell the first coins near their peak and using those profits to buy the cheaper rising coins, investors can capture additional gains.
Smart Portfolio offers passive crypto investors a powerful new tool to enhance returns. The automated manager handles portfolio rebalancing so users can sit back as their holdings grow. Smart Portfolio streamlines profit-taking, allocation, and reinvestment using proven trading principles.
“The launch of our Smart Portfolio bot exemplifies Bitget’s mission to keep providing innovative solutions that make crypto investing smarter. This automated portfolio manager aligns with our ‘Trade Smarter’ philosophy of leveraging technology to empower users. Beyond intelligent bots, we continue refining our platform with advanced features and services to help traders and investors thrive across different market conditions. Going forward, we are committed to keep raising the bar with more cutting-edge offerings to deliver an outstanding all-encompassing platform where people with all levels of crypto experience feel equipped to trade smarter”, said Gracy Chen, Managing Director at Bitget.
Bitget recently hosted its inaugural flagship event, EmpowerX Summit. The summit welcomed nearly 1900 esteemed guests and announced the $100 million EmpowerX Fund during the event. The fund, focusing on an unwavering commitment to fostering ecosystem development, will primarily support the growth of regional exchanges, data analytics firms, and media organizations.
For more information on Smart Portfolio, please visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
View original content:https://www.prnewswire.co.uk/news-releases/bitgets-smart-portfolio-bot-enables-sophisticated-crypto-trading-for-users-301937676.html
Blockchain Press Releases
Bitget To List Carbon Browser (CSIX) in Spot Market and Innovation Zone

VICTORIA, Seychelles, Dec. 1, 2023 /PRNewswire/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of CSIX, the native token of Carbon Browser – one of the fastest WEB3 browsers. The WEB3 browser token CSIX will be listed on Innovation Zone and Web3 Zone to expand Bitget’s spot trading spectrum, offering its users access to emerging and community-driven digital assets.
Carbon Browser is an open-source, fast, private and secure Web3 browser developed by Carbon Browser X Labs. Launched in 2016 the product is developed on a customized version of Chromium, offering faster web browsing and better user security protection. Users can utilise their privacy-first features such as protection against ad-tracking, and higher performance with fast page loading, along with access to built-in crypto wallet and more. The browser has been designed to be user-friendly and accessible even to crypto beginners.
Carbon Browser is working on delivering an extensive WEB3 browser experience with integrated wallet, ability to store cryptocurrencies, swap and bridge functionalities. This includes Web3 applications such as crypto exchanges, NFT marketplaces, dApps, as well as Web2 applications such as ChatGPT.
“In the quest of providing easy access to high potential crypto ecosystems, we’re focused on listing projects with real-world use cases. In this era of intense computer usage, browsers that give better output and performance will accelerate web3’s adoption. With these types of listings, we provide a broader range of use cases for emerging tokens in Bitget’s ecosystem,” said Gracy Chen, Managing Director at Bitget.
Deposits for CSIX tokens are open now and trading in the spot market of the platform will be available from 11:00 December 4 (UTC). Upon listing, users can trade CSIX with 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. To buy trending and newly listed tokens such as CSIX users can use debit/credit cards, bank transfers and other multi-currency payment methods. For more information on trading CSIX, please visit the official announcement.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
View original content:https://www.prnewswire.co.uk/news-releases/bitget-to-list-carbon-browser-csix-in-spot-market-and-innovation-zone-302003790.html
Blockchain Press Releases
Institutions Have Doubled their Bitcoin Allocations this Year, New Bybit Report Shows

DUBAI, UAE, Dec. 1, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, has released new research offering analysis of how traders adapt their strategies in fluctuating market conditions. “Navigating Bull and Bear Markets — A Dive Into Asset Allocation,” uses Bybit’s proprietary data and is the first initiated by a crypto exchange.
The report provides a detailed examination of asset allocation strategies employed by different cohorts — institutions, VIPs, and retail traders — especially in the volatile market environment since December 2022.
Key findings include:
- Institutional Investors: Predominantly holding 45% in stablecoins, 35% in Bitcoin, and 15% in Ether, institutions emphasize liquidity and strategic diversification. Notably, their Bitcoin holdings nearly doubled in the first three quarters of 2023.
- Ether Trends: A decline in institutional interest in Ether has been noted, although upcoming market developments, like the rumored BlackRock spot Ether ETF, could shift the trend.
- Retail Trader Behavior: Retail traders are observed to hold more stablecoins, suggesting a more cautious allocation to riskier assets compared to traditional finance norms.
- Altcoin Investments: Both retail and VIP traders show higher altcoin holdings than institutional investors, although these remain a minor part of total portfolios, indicating caution, perhaps due to a hangover from the recent bear market.
“This report is a testament to Bybit’s commitment to empowering our users with actionable insights,” said Ben Zhou, co-founder and CEO. “Understanding how different market participants navigate the complexities of bull and bear markets is crucial. We believe this research will not only enlighten our traders but also contribute to the broader crypto community’s understanding of market dynamics.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube

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View original content:https://www.prnewswire.co.uk/news-releases/institutions-have-doubled-their-bitcoin-allocations-this-year-new-bybit-report-shows-302003220.html
Blockchain Press Releases
Set Sail on a Crypto Voyage: Bybit Announces ByBUIDLERs Cruise Contest to Dubai in Partnership with Sea Summit

DUBAI, UAE, Dec. 1, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, is excited to announce the ByBUIDLERs Cruise Contest, an extraordinary opportunity for crypto enthusiasts in India. This contest offers a chance to win a luxurious 10-day cruise from Mumbai to Dubai, coupled with an exciting Sea Summit experience and a visit to Bybit’s Dubai office.
Introducing ByBUIDLERs
ByBUIDLERs is Bybit’s initiative that combines grassroots enthusiasm with the thrilling world of cryptocurrency. Designed for crypto aficionados, the program invites participants to engage with the community, create compelling content, and contribute to Bybit’s growth and outreach.
Participation Steps
- Enlist as a ByBUIDLER: To join, provide your name, email, and social media profile link. Express in 100 words your excitement about becoming a ByBUIDLER via our Google form.
- Take the Bybit 5th Anniversary Personality Quiz: Complete the personality quiz and share your results on social media, highlighting how your personality influences your crypto journey.
- Participants must post their entries before December 6th, tagging @Bybit and @TheSeaSummit, using the hashtags #ByBUIDLERcruisetrip and #High5Bybit.
Rewards
The top five most creative ByBUIDLERs, judged by their engagement and creativity, will embark on the Sea Summit 10-day luxury cruise, setting sail from Mumbai to Dubai. The cruise is also a crypto summit where winners will meet leaders in crypto, participate in educational events, and attend themed party nights.
#Bybit / #TheCryptoArk
About Bybit
Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For media inquiries, please contact: [email protected]
For more information please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube

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View original content:https://www.prnewswire.co.uk/news-releases/set-sail-on-a-crypto-voyage-bybit-announces-bybuidlers-cruise-contest-to-dubai-in-partnership-with-sea-summit-302003138.html
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