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Blockchain Press Releases

Bybit Report Reveals Decreased Stablecoin Exposure Among Institutional and Retail Investors, with Institutions Concentrating More on BTC and ETH

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DUBAI, UAE, June 24, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has released its Q2 Asset Allocation report, which covers the period from December 2023 to May 2024.

According to the report, as of May 2024, BTC remains the largest single asset held by all users, accounting for 26% of users’ total assets in this leading cryptocurrency.

The data also reveals a declining trend in stablecoin holdings for all users, decreasing from 50.2% in December to 42.8% in May. Excluding stablecoins, 61% of users’ crypto investments are allocated to BTC and ETH.

Similar to institutions, retail traders continue to show a preference for BTC over ETH, despite renewed optimism for ETH Spot ETFs. However, institutional positions in BTC and ETH have become more concentrated compared to those of retail traders, with holdings of 39.4% and 20.9% respectively, as of May.

Eugene Cheung, Head of Institutions at Bybit, said, “As a leading crypto exchange in the industry, Bybit continues to solidify its position as the preferred partner for institutions seeking a reliable and robust trading platform. Our commitment to providing deep liquidity, ensuring asset safety, and offering a capital-efficient account structure sets us apart. We remain dedicated to providing the highest quality service and support, empowering institutions to thrive in the dynamic world of digital assets.”

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The report also provides insights into altcoin holding trends and the leverage behavior among institutions and retail traders. Read the full report now here.

#Bybit / #TheCryptoArk

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 30 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

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Blockchain Press Releases

From Dubai to Bali: Crypto Content Creator Campus Continues to Empower the Crypto Content Ecosystem

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DUBAI, UAE, March 28, 2025 /PRNewswire/ — The Crypto Content Creator Campus (CCCC) is set to launch a special pilot edition in Bali from April 10 to 13, 2025. Exclusively sponsored by Bybit, the event marks CCCC’s official debut in Asia Pacific and will center on the theme: Build Crypto Ark, Bit by Bit.

Hosted in one of Asia’s most iconic destinations, CCCC Bali 2025 will bring together around 150 top crypto content creators in Asia Pacific. Alongside them, five prominent speakers will deliver insights into creator growth, audience conversion, and sustainable monetization in the Web3 space. This exclusive, two-day experience will unite some of the biggest names in crypto, content creation, and blockchain for a high-energy, invite-only gathering packed with expert insights, networking, and entertainment.

High-profile crypto influencers and key opinion leaders are expected to attend, including RTA, Head of Trading at RTA Business School; Gong Youchai, co-founder of ANGELAB Quantitative and Blackwater Holding; and MoMo, a leading on-chain arbitrage trader. Other well-known figures with massive online followings — such as Phyrex, BITWU, and Little Penguin — will also share their expertise and engage with the community.

“Following the successful CCCC Dubai 2024, we’re thrilled to extend our vision to the vibrant Asia-Pacific crypto community – a place bursting with energy, ambition, and an insatiable appetite for crypto knowledge,” said Phoebe Peng, Managing Director of CCCC. “This upcoming event will foster collaboration and equip content creators with creativity to monetize their passion.”

Bali was chosen as the launchpad for CCCC’s APAC debut not only for its vibrant crypto community, but also for its unique blend of natural beauty and cultural richness — a perfect backdrop to inspire creativity, collaboration, and meaningful storytelling. CCCC aims to empower Asia-Pacific creators in a setting that fuels both imagination and impact.

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About Crypto Content Creator Campus (CCCC)
CCCC is a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.

For more details about CCCC, please visit: https://www.cccc.buzz/
For inquiries, please contact: [email protected]

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Blockchain Press Releases

Justin Sun Featured on Forbes Cover: Eastern Crypto Leader Reshapes Global Industry

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SINGAPORE, March 28, 2025 /PRNewswire/ — Justin Sun, Global Advisor of HTX and Founder of TRON, has been featured on the daily cover of Forbes digital assets, marking a significant milestone in the blockchain industry. Sun becomes the second Chinese entrepreneur, after Jack Ma, and the fourth crypto exchange figure, following CZ, SBF, and Brian Armstrong, to achieve this prestigious recognition. Forbes profiles Sun as a “Crypto Billionaire Who Helped The Trumps Make $400 Million,” highlighting his distinct influence and global vision.

Sun’s Crypto Empire: From Disruptor to Industry Leader

The Forbes feature portrays Sun as a figure of “youth, controversy, and immense wealth.” Born in 1990, Sun has built a reputation for bold, unconventional moves within the blockchain space. “In my 20s I was just trying everything, Sun shares, illustrating his hands-on, entrepreneurial approach to innovation.

Over the past decade, Sun has developed a comprehensive crypto ecosystem encompassing public chains, payment networks, exchanges, and decentralized finance (DeFi). His flagship project, TRON, ranks among the fastest-growing blockchain networks in the world, with over 300 million users and daily transaction volumes exceeding ten million. This achievement underscores his vision for a “global payment system” and reflects the increasing mainstream adoption of blockchain technologies.

As Global Advisor of HTX, Sun has helped steer the exchange to new heights. HTX was recently recognized by Forbes as one of the “Top 25 World’s Most Trustworthy Crypto Exchanges of 2025”. Under Sun’s leadership, HTX has championed compliance, security, and user experience, setting a benchmark for the convergence of traditional finance and crypto innovation. The synergy between HTX and TRON, facilitated by Sun’s strategic guidance, is driving seamless resource integration through technological interoperability.

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Forbes Cover Recognition: A Testament to Global Leadership

Sun’s appearance on the Forbes cover underscores his growing influence on the global crypto stage. He joins a short list of visionary leaders from the crypto exchange world, alongside CZ, SBF, and Brian Armstrong, who have earned this recognition. In a post on X, Sun remarked, “From a visionary to a global force — honored to be featured on Forbes as Crypto’s Billionaire Barker.”

Previously, Forbes Portugal included Sun in its “40 Notable Blockchain Entrepreneurs to Watch” list, where he ranked second—only behind Ethereum co-founder Vitalik Buterin. Notably, Sun was the only Chinese entrepreneur in the top three, representing the highest placement ever for a Chinese figure in a global blockchain ranking. Forbes has also consistently named Sun in its “30 Under 30 Asia” lists and has noted his wide-ranging interests, including art collection, gaming, investment, philanthropy, and space exploration.

In late 2024, Justin was appointed as Prime Minister of the Republic of Liberland, aiming to redefine the crypto space with principles of freedom and innovation.

Strategic Collaborations and Industry Mission: Mainstreaming Crypto

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The Forbes article also highlights Sun’s collaboration with the Trump family, a partnership that reportedly generated over $400 million. His $75 million investment in the Trumps’ World Liberty Financial (WLFI) project demonstrates how crypto can be strategically deployed to integrate with mainstream business initiatives. This bold move showcases Sun’s ability to identify emerging trends and leverage blockchain across cultural IP, social media, and digital asset markets.

Addressing the industry’s volatility and credibility challenges, Sun emphasizes the importance of a “long-term vision” in his Forbes interview. Both HTX and TRON now prioritize transparency, open-source development, and community governance.

Sun’s appearance on the Forbes cover signals not only personal success but the rising global influence of crypto innovation. Through HTX and TRON, Sun is helping bridge the gap between traditional finance and Web3, accelerating the shift toward a transparent, efficient, and inclusive digital economy. As Forbes concludes, “This Eastern crypto pioneer is redefining global rules with code and consensus.”

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

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As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

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Blockchain Press Releases

Bybit Launches ‘Foolproof Fortune’ Event with 100,000 USDT Prize Pool and a Chance to Win a Luxury Watch

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DUBAI, UAE, March 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is turning up the excitement this April with the launch of Foolproof Fortune — a playful, high-stakes event where strategy meets spontaneity. Running from March 28 to April 10, 2025, the campaign offers participants the chance to win a total prize pool of 100,000 USDT, unlock exclusive mystery boxes, and even walk away with a brand-new luxury Rolex.

In the spirit of April Fools’, Foolproof Fortune pits calculated stability against bold volatility in a head-to-head community vote. Participants are invited to choose between two teams:

  • Team Strategic Reserve, featuring crypto heavyweights BTC, ETH, SOL, ADA, and XRP;
  • Team Wild, comprising a wide range of high-risk, hype-driven alternative coins.

Votes are earned by completing a series of tasks throughout the event, with each vote contributing to a team’s total tally. Participants may support a single team or split their votes between both — the team with the most votes at the end will claim up to 80,000 USDT from the prize pool, while the runner-up will receive up to 20,000 USDT.

Adding to the thrill, users can also unlock mystery boxes packed with surprise rewards — collectively worth up to 100,000 USDT. Each completed task brings a new opportunity to open these boxes, which will be distributed on a first-come, first-served basis.

“This campaign playfully reflects the contrasting strategies in the crypto world — some traders embrace resilience, while others thrive on volatility,” said Joan Han, Sales and Marketing Director at Bybit. “Foolproof Fortune celebrates both mindsets, ensuring our users enjoy the rewards no matter their approach.”

The results of Foolproof Fortune will be announced on April 10, 2025.

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#Bybit / #TheCryptoArk

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.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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