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Blockchain Press Releases

Bitget Partners with Tomarket, the Fastest Growing dApp Built on TON

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VICTORIA, Seychelles, July 11, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has announced its plans of collaborating with Tomarket, the fastest growing TON dApp backed by Bitget Wallet and Foresight X. The partnership with Tomarket enables Bitget’s ecosystem to jointly explore more innovative projects and investment opportunities to grow TON’s crypto interaction experience with dApps, and one-tap applications.

Launched on 4th July, Tomarket surpassed the growth pace of other popular TON dApps, reaching 1 million users in just five days, according to a tweet posted by crypto influencer CryptoPunker. With a total daily active userbase of 600K in a week from its launch, Tomarket holds tremendous potential to explode in the TON ecosystem.

Tomarket is a decentralized marketplace for new assets. Users can trade RWA assets, crypto bond yields, points, pre-circulation tokens. The project aims to build an early community through the Telegram Mini App game and identify the project’s core contributors. Tomarket’s roadmaps highlights its plans to educate users, and encourage more web2 users to join web3.

“Tomarket is the first Bitget On-chain Layer project to receive acceleration under the BWB $10M ecosystem fund, and its growth only reminds us why supporting upcoming TON ecosystem projects is extremely important. The projects built on TON are for the masses, easy to use and quick to grasp. Telegram and the TON ecosystem are expected to bring hundreds of millions of new users to our industry. Crypto is now closer to mass adoption than ever,” said Gracy Chen, CEO at Bitget.

Diving into Tomarket’s growth, the telegram group in itself has over 730,000 members and has been growing at an increasingly fast pace. There’s a significant surge in total users from 5th to 9th July, showing rapid adoption of the dApp. The total users increased by about seven times within just four days. The average daily growth rate for total users has been approximately 63%. Over 1 million active users interacted with Tomarket another strong engagement indicator.

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Tomarket reports that African countries show the most dramatic increase, starting from 27,645 on 5th July to 941,231 on 9th July showcasing over 3000% increase in user growth. Other regions like South East Asia and South Asia also show significant user base growth. The overall development since the launch on July 5th has been approximately 598%. The substantial increase shows the rapid adoption and expansion of the app within a short period.

This is not the first time Bitget supported the TON ecosystem. In late June, Bitget announced a $20 million TON Ecosystem Fund to support early-stage TON-based projects and foster innovation and growth in the TON ecosystem. Bitget has also launched several new features in conjunction with TON such as a Telegram Signal Bot in May for users to swiftly access trading signals, enabling prompt action eventually maximizing potential success.

Bitget Wallet is also making moves in the TON ecosystem. Recently, it integrated the TON mainnet and added support for TON Connect, allowing users to jumpstart dApps on TON seamlessly. It also launched TONNECT 2024, a large-scale ecosystem event designed for the TON ecosystem and offers zero gas fees on all transactions on TON.

For details on how to hop on Tomarket, check our article here.

About Bitget

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Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 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 Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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Blockchain Press Releases

Bybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty

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DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, is excited to unveil its latest crypto derivatives report. This insightful report explores the market’s response to recent price fluctuations and the backdrop of the upcoming U.S. election.

Key Insights:

Decline in BTC Options Implied Volatility: Surprisingly, implied volatility for Bitcoin (BTC) options has dropped, despite the looming U.S. election. Traditionally, market uncertainty would lead to increased volatility ahead of major events, like the much-anticipated BTC Spot ETF launch, making this a noteworthy deviation.

Surge in Call Option Volumes: BTC call option trading volumes have surged significantly in recent weeks, potentially signaling a shift towards a bullish market sentiment.

Muted Futures Activity: While futures trading saw positive momentum with early October’s market volatility, open interest has remained relatively subdued compared to pre-September expiration levels.

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Spike in BTC Perpetual Swap Volumes: Open interest in BTC perpetual swaps remained stable; however, trading volumes surged in response to early October’s volatility spike, marking an important market movement.

Cautious Sentiment in ETH Options: Ethereum (ETH) options also saw a decline in implied volatility. Put option volumes have surpassed call volumes over the past week, suggesting traders are taking a more cautious stance regarding ETH’s future price movements.

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-oct-9-2024/

#Bybit / #TheCryptoArk /#BybitResearch

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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 | Youtube

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Blockchain Press Releases

Bybit Doubles Down on Rewards for Late Entrants of WSOT 2024 With New 100,000 Prize Pool

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DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced another exclusive round of rewards for a limited time only, looking to incentivize late entrants to the World Series of Trading (WSOT) 2024 in the final registration phase.

Between now and Oct. 20, 10 AM UTC, eligible participants who join new WSOT squads with their Main or Subaccounts on Bybit stand the chance to unlock a fresh 100,000 USDT prize pool. This bonus pool, available just before the registration period ends, offers participants one last opportunity to boost their WSOT rewards. Notably, this prize pool is separate from the WSOT 2024’s total prize pool of 10,000,000 USDT.

This last-mile campaign comes on the heels of a successful 24-hour flash airdrop this week, during which 100,000 USDT was claimed by both new and existing participants in record time, underscoring the broad appeal of WSOT 2024 among the crypto community.

How to participate:

  1. Sign up for WSOT 2024 with your main account or Subaccount(s)
  2. Join a squad
  3. Achieve a minimum trading volume of $10,000 with the accounts to qualify

“We promised to keep the rewards flowing throughout WSOT 2024, and Bybit is delivering on that promise. With two sign-up campaigns targeting different trader segments in one week and additional bonus rewards for side events, WSOT 2024 is shaping up to be our most rewarding year yet,” said Joan Han, Sales and Marketing Director at Bybit.

The Flagship Crypto Trading Competition 

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Bybit has pioneered the format of crypto trading competitions and consistently raised the bar with organic growth of WSOT. Each year, the total prize pool, competition design, weighting system, diversity of challenges, and new elements continue to evolve to improve the fairness, competitiveness and enjoyability of WSOT. 2024 will see the largest prize pool in WSOT history plus exciting prizes such as luxury yachts, Rolex watches, exclusive trips and other enticing rewards.

WSOT is a platform for traders of all skill levels, with a strong emphasis on community. This year, WSOT will feature the decentralized platform for the first time with the launch of WSOT DEX Wave, which includes its own prize pool.

Follow the longest running and largest trading competition in crypto: WSOT 2024.

#Bybit / #TheCryptoArk / #WSOT2024

About Bybit

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Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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 | Youtube

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Blockchain Press Releases

Crypto Content Creator Campus (CCCC) Unveils Star-Studded Speaker Lineup for Inaugural Event

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DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — The Crypto Content Creator Campus (CCCC), the premier annual gathering for the crypto community, is thrilled to unveil its impressive lineup of confirmed speakers for the inaugural event taking place from November 8th to 10th in Dubai.

This powerhouse roster brings together leading figures in social media, marketing, finance, and the blockchain space, offering attendees unparalleled access to expert insights and invaluable industry connections.

Influencer Powerhouse Speakers:

Randi Zuckerberg, Founder & CEO, Zuckerberg Media and HUG: A pioneer in leveraging technology for social impact, Randi Zuckerberg will share her expertise on building a successful online presence and fostering meaningful connections in the crypto community.

Zach King, Top Global YouTuber: Renowned for his mind-bending illusions and captivating content, Zach King will offer creators unique strategies to capture attention, cultivate engagement, and stand out in the fast-paced digital landscape.

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Humphrey Yang, TikTok Finance Influencer: A master of breaking down complex financial concepts into digestible, engaging content, Humphrey Yang will empower creators to navigate the world of crypto finance education with clarity and effectiveness.

Industry Leader Insights:

Kudzi Chikumbu, Ex-Global Head of Creator Marketing at TikTok: Kudzi Chikumbu brings a wealth of knowledge from the leading social media platform and as a successful creator himself. He will offer creators valuable insights into content strategies that resonate on TikTok and leverage its vast global reach.

Jon Youshaei, YouTube & Instagram Insider: With 8 years of experience at YouTube and Instagram, Jon provides a unique perspective on what it actually takes to grow your audience and income through social media. He’ll delve into creator best practices from his experience working at the world’s top social platforms and interviewing some of today’s biggest stars on his show, which has become a go-to source for creator education.

Venke Sharma, Global Head Product Strategy at Sprinklr: Leading product strategist Venke Sharma will shed light on emerging trends in content creation tools and technologies, equipping creators with the knowledge to stay ahead of the curve.

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Stephanie Hind, Head of Top Creator Partnerships at Patreon and Ex-Head of Lifestyle and Education at TikTok: Stephanie Hind brings firsthand experience in shaping content trends on a massive platform. She’ll provide creators with actionable strategies for crafting content that resonates with specific audiences within the crypto community.

Quotes from Speakers:

Randi Zuckerberg: “I’m excited to join CCCC and share my insights on building a strong online voice and fostering impactful connections within the dynamic world of crypto.”

Zach King: “I’m looking forward to encouraging creators to break new ground, stretch their creativity, and captivate audiences with their unique content.”

Humphrey Yang: “Demystifying complex financial concepts for a new generation is crucial. I’m excited to share my experience and empower creators to educate audiences about the crypto space in a clear and engaging way.”

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Registration for the Crypto Content Creator Campus is now open.  Visit the official website to secure your spot at this groundbreaking event.

About Crypto Content Creator Campus (CCCC)

We are 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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