Category: Cryptocurrency

This post was originally published on this site

Robinhood Markets (NASDAQ:HOOD) is accelerating its crypto expansion strategy under the Trump administration, capitalizing on a friendlier regulatory environment. Once known for meme stock trading, Robinhood is now pushing deeper into cryptocurrency services, diversifying beyond traditional brokerage offerings.

With SEC scrutiny easing and crypto markets rallying, the company is poised for major growth. Here’s how Robinhood Crypto Expansion is set to reshape the industry.

Robinhood Eyes Global Crypto Dominance

Robinhood made headlines with its $200 million acquisition of Bitstamp in 2024, a move designed to strengthen its crypto trading platform. While regulatory pressures from the SEC previously slowed its progress, the company is now ready to ramp up its global presence.

Chief Financial Officer Jason Warnick emphasized that Robinhood wants its crypto business to be global and as big as possible. The recent appointment of crypto advocate Paul Atkins as SEC chair under Trump could remove roadblocks that hindered Robinhood’s growth in the sector.

Crypto Trading Revenue Surges for Robinhood

Robinhood has already seen significant financial benefits from its crypto expansion. In Q4 2024, the company generated $358 million in revenue from crypto trading alone, accounting for more than half of its total transaction-based revenue.

The trading volume on the platform skyrocketed from $14 billion in Q3 to $71 billion in Q4, fueled by renewed interest in Bitcoin and other digital assets. This surge highlights Robinhood’s increasing role in the crypto ecosystem.

Tokenization: The Future of Stock Trading?

One of Robinhood’s most ambitious projects is exploring tokenization, which involves putting real-world assets like stocks on the blockchain. According to Warnick, tokenization could revolutionize how equities are traded, improving efficiency and transparency.

Robinhood is urging the SEC to clarify regulations on which tokens qualify as securities or commodities, enabling U.S. platforms to compete with global players in blockchain-based trading.

Robinhood’s Push Into Stablecoins

Stablecoins are another key component of Robinhood Crypto Expansion. The company has joined forces with other crypto firms to create the Global Dollar Network, which operates with its own stablecoin, USDG.

This initiative allows Robinhood to settle trades outside of standard banking hours and could open up new opportunities for users to earn yield on stablecoin holdings.

Competing With Coinbase in the U.S. Market

With regulatory pressure easing, Robinhood is positioning itself as a direct competitor to Coinbase (NASDAQ:COIN). Analysts predict that the company’s aggressive approach to launching crypto products could steal market share from existing platforms.

John Todaro, a senior research analyst at Needham, stated that Robinhood is now free to pursue innovation without SEC constraints, allowing it to scale its crypto offerings faster than ever.

Maintaining Cost Discipline Amid Expansion

Despite its ambitious crypto push, Robinhood remains committed to cost control. The company plans to keep cost growth in its existing business to low single-digit percentages while ensuring new product launches are lean and efficient.

By maintaining financial discipline, Robinhood aims to reduce risks associated with the volatile crypto market while maximizing long-term profitability.

Conclusion

Robinhood’s crypto expansion is gaining traction under the Trump administration, with regulatory barriers lifting and market conditions improving. The company’s focus on global growth, tokenization, and stablecoin innovation positions it as a rising force in the industry.

As Robinhood accelerates its crypto strategy, investors will be watching closely to see if it can sustain momentum and challenge established players like Coinbase.

By leveraging a more crypto-friendly regulatory landscape, Robinhood is strategically positioning itself for long-term success. Its ability to innovate in tokenization, stablecoins, and global crypto services could reshape the industry. If the company executes its expansion plan effectively, it may emerge as a dominant player in the next phase of digital finance.

Featured Image: Megapixl

Please See Disclaimer

This post was originally published on this site

One tweet has once again sent the crypto market into a frenzy. Tesla (NASDAQ:TSLA) CEO Elon Musk unknowingly sparked a 500% surge in FloppyPepe Token, fueling speculation that this little-known cryptocurrency could follow in Dogecoin’s (CRYPTO:DOGE) footsteps. With crypto insiders buzzing about its potential, could FloppyPepe Token be the next big meme coin?

Elon Musk’s Influence on FloppyPepe Token

Elon Musk has a long history of shaking up the crypto space with a single tweet, and this time is no different. On December 31, 2024, Musk changed his X (formerly Twitter) profile name to “Kekius Maximus” and updated his avatar to a Pepe the Frog meme.

Almost immediately, the FloppyPepe Token saw its value skyrocket by 500%. While Musk never directly mentioned the token, his association with the Pepe meme drove investors into a buying frenzy. A similar scenario unfolded with Dogecoin, which saw its price explode after Musk frequently tweeted about it.

Crypto analysts now wonder: Is FloppyPepe Token the next Dogecoin?

FloppyPepe Token: More Than Just Hype?

Unlike many meme coins driven purely by hype, FloppyPepe Token is integrating artificial intelligence (AI) into its ecosystem. The project features AI-powered tools such as:

AI Video Agent: Generates high-quality meme videos.

AI Text-to-Image Agent: Transforms text prompts into unique images.

By blending AI technology with meme culture, FloppyPepe Token is positioning itself as more than just another viral cryptocurrency—it’s aiming to be a creative movement in the digital space.

FloppyPepe Token’s Deflationary Model

One key factor that sets FloppyPepe Token apart is its deflationary tokenomics model. The project burns 1% of all transactions, reducing the overall supply and potentially increasing value over time. This mechanism helps fight inflation, making the token more scarce as its adoption grows.

Additionally, holders benefit from passive income opportunities, earning 1% on every transaction through staking rewards. This incentive structure has contributed to FloppyPepe Token’s rapidly growing community.

Security and Expansion Plans

FloppyPepe Token isn’t just about hype; it has taken steps to ensure security and transparency. The project has undergone a rigorous audit by Solidproof, reinforcing trust within the crypto space.

It also has ambitious expansion plans, aiming to operate across multiple blockchains, including Binance Smart Chain (CRYPTO:BNB) and Polygon (CRYPTO:MATIC). This cross-chain functionality could significantly boost adoption and scalability.

FloppyPepe Token Presale Gains Momentum

Interest in FloppyPepe Token is soaring, with its private sale raising $907,200 in just 24 hours. The presale is ongoing, with the token currently priced at $0.0000002, making it an attractive entry point for early investors.

To further cement its place in the meme economy, FloppyPepe Token has partnered with a top-tier artist to create exclusive, hand-drawn digital artwork inspired by Matt Furie’s original Pepe the Frog.

Could FloppyPepe Token Be the Next Dogecoin?

While it’s too early to say whether FloppyPepe Token will reach the heights of Dogecoin, it has strong momentum behind it. With:

Elon Musk’s indirect influence

AI-powered utilities

A deflationary model

Security audits and multi-chain expansion

FloppyPepe Token is shaping up to be more than just another short-lived crypto trend.

Conclusion

In the unpredictable world of crypto, one Musk tweet can change everything. FloppyPepe Token has surged by 500%, fueled by meme culture and AI-driven utility.

Will it become the next Dogecoin? That remains to be seen—but for now, crypto insiders are watching closely. If FloppyPepe Token maintains its momentum, it could cement itself as a leading meme coin. Its AI-powered ecosystem, deflationary model, and strong community support give it the potential to last beyond the initial hype. Investors should keep an eye on its development, as projects that combine technology with strong branding often stand the test of time in the ever-evolving cryptocurrency landscape.

Featured Image: Freepik @ produtizebro

Please See Disclaimer

This post was originally published on this site

DUBAI, UAE, Feb. 23, 2025 /PRNewswire/ — In a remarkable display of resilience and professionalism, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has successfully navigated the largest hack in crypto history. On February 21, 2025, hackers stole approximately $1.5 billion in digital assets from Bybit’s Ethereum wallet, marking the biggest cryptocurrency heist ever recorded. Despite this unprecedented breach, Bybit’s swift and transparent crisis management ensured that the crypto market remained stable, with no significant price volatility.

Swift Crisis Management

Bybit’s response to the hack was marked by swift action, transparency, and professionalism.  Ben took immediate ownership of the situation, addressing the community within 30 minutes via X and conducting a livestream session just one hour after the incident. This live session, which lasted over two hours, provided real-time updates and detailed explanations, ensuring that all stakeholders were informed and reassured. Bybit’s prompt and open communication effectively prevented panic and maintained trust in the exchange, setting a high standard for crisis management in the crypto industry

Throughout the crisis, Bybit’s withdrawal and product services remained uninterrupted, with clients able to access support and their respective relationship managers at all times. This seamless continuity was a testament to the team’s preparedness and efficiency, even under extreme pressure.

Industry Unity in Support of Bybit

The crypto industry rallied around Bybit, demonstrating a united front against security threats. Major exchanges blacklisted the hacker’s wallets, preventing further movement of stolen funds. This unprecedented show of unity underscores the growing maturity of the crypto sector, where competitors become allies in times of need.

Client Fund Protection

Despite the significant scale of the hack, Bybit’s 1:1 reserve guarantee ensured that client assets remained fully intact. Bybit CEO Ben Zhou reassured users that Bybit is solvent and can cover the loss, emphasizing that all client assets are backed on a one-to-one basis. This guarantee demonstrates Bybit’s financial stability and commitment to user security.

Regulatory and Law Enforcement Collaboration

Bybit worked closely with regulators and law enforcement agencies to address the hack. This collaboration not only facilitated a swift response but also set a precedent for future cooperation between the crypto industry and regulatory bodies. As the incident unfolds, further developments are expected from this front, potentially leading to enhanced security measures and regulatory frameworks.

Rapid Recovery

Bybit demonstrated remarkable resilience in the face of the crisis, processing over 350,000 withdrawal requests efficiently within 12 hours of the hack. Despite the surge in withdrawal requests, the exchange ensured that all transactions were completed without significant delays, showcasing the team’s professionalism and experience in managing critical incidents. Bybit’s operations quickly returned to normal, with client activity rebounding to pre-hack levels within 24 hours. This swift recovery underscores the trust that clients and investors have in Bybit’s crisis management capabilities, highlighting the exchange’s ability to maintain stability even in the most challenging circumstances

Bybit’s handling of the recent hack sets a new industry standard for crisis management. The exchange’s ability to turn a potentially disastrous event into a demonstration of resilience and transparency is a testament to its long-standing culture of responsibility and openness. This incident highlights not just Bybit’s operational excellence but also the growing maturity and unity of the crypto industry as a whole.

#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: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://megastockalert.com/wp-content/uploads/2024/03/Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/bybit-defies-odds-how-the-largest-crypto-hack-in-history-became-a-test-of-resilience-and-transparency-302382869.html

Featured Image: depositphotos @ jirkaejc

Disclaimer

This post was originally published on this site

DUBAI, UAE, Feb. 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, extends its heartfelt thanks to the global crypto community for the overwhelming support received in the wake of a recent security incident. This unprecedented show of solidarity has not only reinforced Bybit’s resilience but has also laid the foundation for stronger industry-wide measures to counter and prevent future hacking incidents. From institutional liquidity providers to leading blockchain security firms, the swift and coordinated response has exemplified the strength of the Web3 community.

A United Front Against Threats

As soon as the incident was detected, Bybit’s security team took immediate action—locking down systems, securing funds, and collaborating with top cybersecurity experts. The exchange received overwhelming support from key players across the industry, all working together to track, contain, and mitigate the impact of the exploit.

Ben Zhou, Co-Founder and CEO of Bybit, expressed his gratitude:

“It’s been a challenging period for Bybit, but one thing is clear—our partners have our backs. The support from Antalpha Global, Bitget, Pionex, MEXC, SoSoValue, Galaxy Digital, FalconX, Lido Finance, Solana Foundation, Ton Foundation, Ghaf Capital, Fenbushi, Bitvavocom, Tether and many others has been nothing short of incredible. Your trust, quick action, and solidarity mean everything. We’re moving forward, stronger and more determined than ever. Thank you for standing with us.”

Industry Leaders Take Immediate Action

Several major players in both DeFi and CeFi swiftly mobilized to prevent further movement of stolen funds and uphold market stability:

• Orbiter, deBridge, SynFutures, MYX, Thruster and Owlto blacklisted exploit-related addresses, preventing unauthorized transfers.
  
• Chainalysis rapidly tracked and published the exploiter’s wallet addresses, enabling a coordinated industry-wide response.
  
• SIS cross-chain bridge stepped up to block associated addresses, restricting the attacker’s ability to launder assets.
  
• Zero Shadows activated its 24/7/365 Global Response team, collaborating closely on Bad Actor Tracing and Identification, Funds Tracing, and Law Enforcement Communications to support the investigation and recovery efforts.
  
• Institutional clients, including TMSI, Bayside trading, Mathrix, Wintermute, Cumberland, GSR Markets, maintained their trading positions, reinforcing stability amid uncertainty.

“Their trust in us, despite the circumstances, speaks volumes about the maturity and resilience of this industry,” Ben added. “It shows a defining moment that proves crypto’s strongest players stand together when it matters most.”

A Community That Stands Together

Bybit also acknowledged the unwavering support from its VIP clients, traders, and broader user base. Messages of encouragement and patience from the community have been instrumental as the exchange works around the clock to enhance security measures and safeguard funds.

“While this has been a difficult moment, it is also a powerful reminder of why we are here—to build an open, resilient, and decentralized financial future,” Ben said. “The real work has just started, and with this level of unity in this space, we know we’ll come back even stronger.”

Bybit remains committed to transparency and will continue to provide updates as it implements additional security enhancements. The exchange is working closely with industry leaders to set new standards for crisis management, ensuring the safety and trust of its users while strengthening the broader industry’s defenses against future threats.

#Bybit / #TheCryptoArk

//ENDS

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 updates, please follow: Bybit’s Communities and Social Media

Logo – https://megastockalert.com/wp-content/uploads/2024/03/Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/bybit-expresses-deep-gratitude-as-crypto-industry-unites-against-security-threats-302382806.html

Featured Image: depositphotos @ peshkova

Disclaimer

This post was originally published on this site

HONG KONG, Feb. 22, 2025 /CNW/ — CoinW, a leading global cryptocurrency trading platform, proudly announces the listing of Pi Network (PI) perpetual futures, becoming the first major exchange to offer PI perpetual futures with the highest leverage in the market. The listing goes live on February 20, 2025, at 16:00 (UTC+8), coinciding with Pi Network’s highly anticipated mainnet launch. To celebrate this milestone, CoinW is introducing an exciting campaign with cashback rewards, trading competitions, and exclusive bonuses, featuring a total prize pool of 43,000 USDT.

Pi Network: A Game-Changer with Unprecedented Growth

Since its launch in 2019 by Stanford alumni Nicolas Kokkalis and Chengdiao Fan, Pi Network has grown into a global community of over 18 million KYC-verified users. Its innovative mobile-mining model and user-friendly consensus mechanism—based on the Stellar Consensus Protocol (SCP)—have democratized access to cryptocurrency. With 8 million users already migrated to the closed mainnet, the open mainnet is set to launch on February 20, 2025. Industry analysts expect this milestone to significantly influence PI’s market performance as it becomes accessible to the broader crypto trading ecosystem.

CoinW Leads the Charge with Exclusive Perks

As the first exchange to launch PI perpetual futures, CoinW is setting a new industry standard by offering the highest leverage available. This strategic move aligns with Pi Network’s vast, community-driven growth, providing traders with unique opportunities to capitalize on the anticipated market momentum.

Campaign Duration: February 20, 2025 – March 7, 2025 (UTC+8)

CoinW users can automatically participate in this campaign by trading PI spot or futures and unlocking rewards through four exciting sub-events.

Sub-event 1: New User Exclusive Gifts – Instant Rewards for First Trades

New users who register and trade PI for the first time during the campaign period will enjoy special welcome bonuses:

• Spot Trading Bonus: First-time PI spot traders with a trading volume of at least 50 USDT will receive 10 USDT in futures bonus.
• Futures Trading Bonus: First-time PI futures traders with a trading volume of at least 300 USDT will receive 10 USDT in futures bonus.
• Extra Super Bonus: New users who registered after February 13, 2025, and trade PI futures will receive an additional 10-200 USDT in futures bonus.
  • Total prize pool: 10,000 USDT – first come, first served!

Sub-event 2: Trading Leaderboard – Compete for Top Rewards!

During the campaign, users who trade PI will be ranked based on their total trading volume, with the top traders earning significant USDT rewards:

Spot Trading Leaderboard Rewards:

• 1st place: 1,000 USDT in PI (Minimum 100,000 USDT trading volume)
• 2nd place: 600 USDT in PI (Minimum 80,000 USDT trading volume)
• 3rd place: 400 USDT in PI (Minimum 50,000 USDT trading volume)
• Ranks 4-100: Share 6,000 USDT in PI proportionally based on trading volume

Futures Trading Leaderboard Rewards:

• 1st place: 1,000 USDT in PI (Minimum 6,000,000 USDT trading volume)
• 2nd place: 600 USDT in PI (Minimum 3,000,000 USDT trading volume)
• 3rd place: 400 USDT in PI (Minimum 2,000,000 USDT trading volume)
• Ranks 4-100: Share 8,000 USDT in PI proportionally based on trading volume

Sub-event 3: Cashback Airdrop – Get Rewarded for Buying High!

To boost trading momentum, CoinW is introducing an exclusive cashback airdrop! The top 10 highest buy orders during the campaign will receive a 10% cashback airdrop, with 5,000 USDT maximum.

Sub-event 4: Invite Friends and Earn Together!

CoinW believes in rewarding its community. Simply invite new users to trade PI, and both you and your referrals will earn rewards:

• Invite a new user who completes at least 100 USDT in spot trading or 300 USDT in futures trading, and both users will receive 3 USDT in PI rewards.
• Total prize pool: 10,000 USDT in PI!

About CoinW

CoinW is a globally recognized cryptocurrency exchange known for its secure, user-friendly platform and innovative trading products. Operating in over 200 countries and regions, CoinW remains committed to empowering the crypto community with advanced tools and accessible trading experiences.

Website: https://www.coinw.com/

Twitter Official：https://twitter.com/CoinWOfficial

Telegram: https://t.me/coinwoff

YouTube Official: https://www.youtube.com/@CoinWOfficial

Linkedin: https://www.linkedin.com/company/coinwofficial/

View original content to download multimedia:https://www.prnewswire.com/news-releases/coinw-first-to-list-pi-perpetual-futures-with-the-highest-leverage–launches-massive-43-000-usdt-trading-campaign-302382761.html

SOURCE CoinW

Featured Image: depositphotos @ garloon

Disclaimer

This post was originally published on this site

Cryptocurrency continues to intrigue investors around the world, with its potential for high returns and a decentralized approach to finance. However, for those just starting their journey in the crypto world, it can be overwhelming to choose which cryptocurrency to invest in. While there are hundreds of different digital coins available, one stands out as the most reliable and respected option for new investors: Bitcoin.

Bitcoin is a Fixed and Respected Cryptocurrency

The primary reason why Bitcoin (BTC) is a great option for new crypto investors is its status as the original and most trusted cryptocurrency. Introduced in 2009 by the mysterious figure Satoshi Nakamoto, Bitcoin was the first digital currency to operate on a decentralized network. Today, Bitcoin remains one of the most stable and well-respected cryptocurrencies.

What sets Bitcoin apart from other digital currencies is its fixed supply. Unlike fiat currencies like the U.S. dollar, which are printed by governments and subject to inflation, Bitcoin is limited to just 21 million coins. John Haar, managing director at Swan Bitcoin, explains that owning Bitcoin means holding a portion of this finite supply, offering a sense of security not found in other assets.

Bitcoin’s Market Cap: The Largest in Cryptocurrency

As the first and largest cryptocurrency, Bitcoin has established dominance in the market. With a market cap of approximately $1.9 trillion, Bitcoin is significantly larger than its closest competitor, Ethereum (ETH), which has a market cap of around $320 billion. This massive market cap not only reflects Bitcoin’s popularity but also its position as the leader in the cryptocurrency space.

Given Bitcoin’s size and prominence, it provides a level of security and stability that newer and smaller cryptocurrencies often cannot. For new investors looking to get into crypto, Bitcoin’s established presence makes it a safer and more reliable choice.

Numerous Ways to Invest in Bitcoin

While purchasing an entire Bitcoin at its current price may be out of reach for many investors, there are various ways to get involved in Bitcoin investment. Investors can gain exposure to Bitcoin by investing in cryptocurrency exchange-traded funds (ETFs), blockchain technology, or publicly traded Bitcoin mining companies that validate transactions on the Bitcoin network.

Additionally, investors can choose to purchase smaller portions of Bitcoin, known as “satoshis,” which allow for more flexibility and lower entry points. As Haar suggests, starting small with Bitcoin and gradually increasing your investment as you gain confidence is a smart approach for newcomers.

The Growth Potential of Bitcoin

Despite Bitcoin’s already massive market cap, many experts believe the cryptocurrency still has significant growth potential. As more individuals and institutional investors become comfortable with the idea of digital currency, the demand for Bitcoin is expected to increase. Haar predicts that by 2030, Bitcoin could match the market cap of gold, which is valued at around $10 trillion.

For new investors, this growth potential represents an exciting opportunity to get in on the ground floor of what could be a transformative asset in the coming years. While Bitcoin’s price has seen volatility, its long-term trajectory remains positive, making it a solid option for those looking to invest in the future of finance.

Caution is Still Key in Bitcoin Investment

Even though Bitcoin offers promising growth prospects, it is essential for new investors to approach their investments with caution. Haar recommends that investors start by allocating no more than 5% of their liquid net worth to Bitcoin. This ensures that even if the market experiences short-term fluctuations, the overall impact on an investor’s portfolio remains minimal.

Investors should also take the time to educate themselves about Bitcoin, the blockchain, and the broader cryptocurrency market. By researching through books, podcasts, and other resources, new investors can make more informed decisions and understand the risks and rewards involved in Bitcoin investment.

Conclusion: Bitcoin Investment for New Crypto Investors

Bitcoin offers new crypto investors an opportunity to tap into the future of digital finance. With its fixed supply, large market cap, and growth potential, Bitcoin stands as the most trusted and stable cryptocurrency for those starting out in the space. While caution and education are key, Bitcoin remains the top choice for those looking to build a long-term position in the crypto market.

Featured Image:  Freepik © starline

Please See Disclaimer

This post was originally published on this site

Coinbase (NASDAQ:COIN) recently received positive news when the U.S. Securities and Exchange Commission (SEC) decided to abandon its enforcement case against the crypto firm. Coinbase’s CEO, Brian Armstrong, hailed the news as a “huge day” for cryptocurrency enthusiasts, expressing hopes that this change signals a more crypto-friendly regulatory environment in the U.S. under the new administration of President Donald Trump. Armstrong believes that the dismissal of these cases could create a “domino effect” that benefits the broader crypto industry in 2025 and beyond.

Despite the optimistic update, Coinbase stock saw a dip, dropping 4.5% on February 21. However, shares have gained 1.4% year-to-date, and analysts are still optimistic about the company’s long-term prospects, given its strong position in the cryptocurrency market.

How High Could COIN Fly in 2025?

Although the market’s initial reaction to the SEC news was less than expected, it may actually represent a buying opportunity for investors looking at the long-term growth potential of COIN stock. Recently, Oppenheimer raised its price target for Coinbase to $388, with analyst Owen Lau remaining bullish on COIN due to the company’s continued market share growth in crypto spot trading.

In a recent report, Lau noted that Coinbase now holds 67% of the crypto spot trading market, up from 64% just a few months ago. This dominance in the market places the company in an advantageous position as the crypto industry continues to grow, especially with Bitcoin (BTCUSD) hitting new milestones. Furthermore, Coinbase’s strategy of diversifying its business model is seen as a key driver of future growth, which could push the stock even higher.

Coinbase’s Strong Financials and Growth Potential

Coinbase has posted solid financial results recently, including a 130% year-over-year increase in its revenue for Q4, reaching $2.3 billion. This surge in revenue was driven by Bitcoin’s rally past $100,000, following the victory of President Donald Trump in the 2024 election. Analysts are optimistic that the momentum behind Bitcoin will continue into 2025, which could boost Coinbase’s earnings even further. Oppenheimer forecasts a 30% year-over-year growth in COIN’s earnings for the current quarter, with an even more impressive 69% increase expected in Q2.

As Coinbase continues to scale its operations and expand its reach, the company is well-positioned to capitalize on the growing demand for cryptocurrency trading and blockchain services. If the company successfully diversifies its revenue streams, investors could see significant upside potential in the stock.

The Bottom Line on COIN: Buy, Sell, or Hold?

Given the news that the SEC is stepping back from its enforcement case against Coinbase, the company’s strong Q4 performance, and its increasing market dominance, the outlook for COIN remains favorable. While the stock may have experienced a brief dip, the overall growth trajectory for Coinbase is positive, especially as the crypto market continues to evolve.

With analysts predicting further revenue growth, particularly from Bitcoin’s expected upward trend in 2025, Coinbase’s stock could provide significant long-term returns. If you’re looking to invest in a leading cryptocurrency firm with strong market share and a solid financial outlook, Coinbase (NASDAQ:COIN) is worth considering as a potential buy. However, for those cautious about short-term volatility, holding the stock while waiting for more clarity on market conditions may also be a prudent strategy.

For investors looking to capitalize on the long-term growth potential of cryptocurrency, COIN offers a compelling opportunity. As the industry continues to evolve and the company strengthens its market share, the stock could see significant gains. Whether you’re considering buying, holding, or selling, keeping an eye on Coinbase’s progress in 2025 will be key to making informed decisions.

Featured Image: Freepik

Please See Disclaimer

This post was originally published on this site

DUBAI, UAE, Feb. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce 10,000 USDT in bonuses for P2P traders looking to up their games in 2025 in the Bybit P2P Block Trade Giveaway. The event starts today until Mar. 28, 2025 and offers three winning tracks for block traders and merchants to unlock the total prize pool. From Feb. 17 to 21, 2025, Bybit P2P has also been hosting interactive AMAs across regions, helping interested users get ahead of the curve with Bybit P2P’s features, bonus schemes, and the latest trends in P2P.

Throughout the week of Feb. 17, a series of virtual AMA workshops has offered an in-depth look into P2P trading, market and product insights, and local offers and platform highlights. During the interactive AMAs, users get to learn more about how to make the most of Bybit P2P’s benefits and standout features, as well as the opportunity to win up to 60 USDT for eligible live participants. The next one is scheduled for 10:00PM UTC on Feb. 20, 2025 for the LATAM community on Youtube.

Bybit P2P block trading allows two parties to privately buy or sell larger amounts of digital assets on Bybit’s ultra user-friendly interface. Leveraging Bybit’s robust platform function and matching engine, the service spares users the need to place regular orders, reducing slippage risks and often comes with lower fees. Exclusive on Bybit P2P, eligible users may sign up for the event to qualify for one of the three prize pools on a first-come, first serve basis from now until Mar. 28, 2025:

1. New Users Exclusive: First-time block traders may share in a 3,500 USDT prize pool. With a 175 USDT bonus for the lucky winners, the potential rewards spells an auspicious start of their block trading journey.
2. For All Users: The first 35 users to execute a block trading order at at least 20,000 USDT will receive a 100 USDT bonus. Block merchants are not eligible for this perk.
3. Block Merchants Exclusive: Another 150 USDT bonus is reserved for each of the first 20 block merchants who fulfil at least 50,000 USDT in trading volume.

“Stakes can be high in a dynamic market and a maturing P2P ecosystem, and Bybit is here to support our customers, no matter their ticket size. We want to craft a trading experience that is both rewarding and frictionless for our P2P traders,” said Joan Han, Sales and Marketing Director at Bybit. 

Bybit offers an open marketplace ripe with earning opportunities and potential rewards for users holding diverse crypto assets. With competitive trading limits from 10,000 to 200,000 USDT in a single order, Bybit P2P Block Trade is a trusted avenue, effectively bridging a gap in the market for users leveling up their P2P trading strategies. Users may find out more about the entry requirements for Bybit P2P Block Trading, and stay tuned to Bybit’s official channels for details about the upcoming AMAs.

#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: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Photo – https://megastockalert.com/wp-content/uploads/2025/02/Bybit_P2P_Block_Trade_Refreshes_2025_Rewards_AMAs.jpg
Logo – https://megastockalert.com/wp-content/uploads/2024/03/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-block-trade-refreshes-2025-rewards-with-amas-302381475.html

Featured Image: depositphotos @ slabko sereda

Disclaimer

This post was originally published on this site

The U.S. Securities and Exchange Commission (SEC) has announced the creation of a new specialized unit, the Cyber and Emerging Technologies Unit (CETU), to combat the rising tide of fraud in the cryptocurrency and emerging technology sectors. This strategic move aims to address the increasing sophistication of scams in the digital asset space, which has seen crypto scams soar to a staggering $12.4 billion in 2024 alone. The launch of CETU cyber unit is a critical response to the growing concerns about investor protection in rapidly evolving technologies.

CETU: A Focus on Protecting Investors and Innovation

The SEC’s decision to reorganize the Crypto Assets and Cyber Unit and form CETU signals a shift in focus towards broader technology oversight. Under the leadership of Laura D’Allaird, the unit will reduce its staff by 40%, but significantly expand its scope beyond just crypto to include AI, social media-driven frauds, and other emerging technologies. This revamped approach ensures that enforcement resources are deployed effectively to protect retail investors while fostering an environment where innovation can thrive.

Mark T. Uyeda, the acting Chairman of the SEC, emphasized that the new unit’s mission is to strike a balance between protecting investors and encouraging capital formation in new technologies. He also highlighted the unit’s role in rooting out fraudulent actors attempting to exploit technological advancements for malicious purposes. By focusing on a wide range of tech-related frauds, CETU aims to restore investor confidence in emerging technologies like blockchain, AI, and machine learning.

CETU and the Rising Threat of Crypto Scams

The urgency of this initiative is underscored by recent statistics from Chainalysis, which reported that crypto scams reached $12.4 billion in 2024. This surge is largely attributed to the increasing use of AI-driven scams and high-yield investment schemes that have preyed on unsuspecting investors. A significant portion of these scams, specifically “pig butchering” schemes and memecoin scams, has contributed over $9 billion in fraudulent revenue.

The SEC’s creation of CETU aligns with a broader effort to combat such scams, which have plagued the crypto space. With the rise of sophisticated fraud techniques, including AI and social media manipulation, the SEC’s proactive stance aims to close the regulatory gaps that scammers have exploited to target investors. The emergence of “rug pulls,” where prominent figures have launched fraudulent crypto projects, further highlights the need for a specialized unit to tackle this growing problem.

CETU’s Role in Enhancing Regulatory Oversight

One of the primary goals of CETU is to address the regulatory challenges posed by the fast-paced evolution of Web3 and decentralized finance (DeFi). Fraudsters often exploit the varying crypto regulations across jurisdictions to carry out their schemes. As the decentralized nature of blockchain technology creates a complex landscape for regulators, the SEC’s CETU will work to streamline efforts to catch bad actors and ensure they are held accountable.

Notably, the SEC’s collaboration with Commissioner Hester Peirce’s Crypto Task Force is expected to create a more integrated and balanced approach to regulation. This partnership ensures that regulatory actions not only protect investors but also promote healthy innovation within the cryptocurrency and blockchain spaces.

Impact on the Crypto Market and Future Outlook

The SEC’s formation of CETU comes at a pivotal time for the crypto market, as it continues to grow and evolve. Despite the rise of scams, the adoption of digital assets, including Bitcoin (BTC) and Ethereum (ETH), continues to gain traction among retail and institutional investors. The market’s resilience, despite scams and regulatory uncertainty, shows that there is a strong demand for crypto and blockchain technologies.

By providing targeted oversight and cracking down on fraudulent schemes, the SEC hopes to foster a safer environment for crypto market participants. As digital assets become an increasingly important part of the global financial system, the need for such regulatory bodies becomes even more crucial in preventing the exploitation of vulnerable investors.

Global Impact of Crypto Scams and Fraud

While the focus of CETU is on the U.S. market, the impact of crypto scams is global. Scams like the LIBRA memecoin, which involved prominent figures such as Argentina’s President Javier Milei, have caused significant losses. In this case, nearly 86% of investors in LIBRA lost over $251 million. As bad actors continue to exploit the Web3 market, the SEC’s CETU will play a vital role in coordinating efforts with international regulators to curb fraudulent activities.

Conclusion: The Future of Crypto Regulation with CETU

The creation of the CETU Cyber Unit marks a significant step in the SEC’s ongoing efforts to ensure that the crypto market remains secure and transparent. With a broader focus that includes AI, social media frauds, and blockchain-related scams, CETU is poised to make a lasting impact on investor protection. As scams continue to evolve, CETU’s ability to adapt and stay ahead of emerging threats will be crucial in safeguarding the future of the cryptocurrency market.

Featured Image: Freepik

Please See Disclaimer

This post was originally published on this site

In 2024, global crypto adoption reached a significant milestone, with ownership of digital assets growing by 13%. This growth was driven by increased interest in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which saw their ownership rates rise by 13.1% and 13.6%, respectively. The latest report from Crypto.com reveals that by the end of 2024, the number of global crypto owners had risen from 583 million to 659 million, reflecting a surge in digital asset adoption worldwide.

Bitcoin and Ethereum Lead the Charge in Global Adoption

Bitcoin remains the dominant player in the crypto market, with 337 million owners globally, making up 51% of all crypto holders. Ethereum, while not as widely adopted, is also showing impressive growth, with 142 million owners, or 21% of the total market. This growth comes despite the increasing competition from other cryptocurrencies and evolving market conditions.

The adoption of Bitcoin and Ethereum can be attributed to several factors, including the expanding range of products and services available for these coins. Bitcoin’s position as a store of value has been further solidified by the introduction of U.S. spot Bitcoin exchange-traded funds (ETFs), which have provided an easier entry point for investors. Crypto.com reports that an additional 1.2 million people may have gained exposure to Bitcoin through these ETFs, helping drive further adoption.

Ethereum’s growth, on the other hand, is largely due to its strong ecosystem, including its Layer-2 network and the Dencun upgrade. The launch of spot Ethereum ETFs in the summer of 2024 also boosted its adoption, attracting more institutional investors and individual traders alike.

Global Crypto Adoption Outpaces Mobile and Internet Growth

According to a separate study by BlackRock (NYSE: BLK), the rate of crypto adoption in 2024 outpaced mobile phone adoption by 43% and internet adoption by 20%. While mobile phones took 21 years to reach 300 million users, crypto adoption reached the same milestone in just 12 years, illustrating the accelerating pace at which digital assets are being adopted.

BlackRock’s findings underscore the growing global appetite for cryptocurrency, particularly among younger generations. These demographic groups are more likely to embrace digital currencies, making them key drivers of crypto adoption in the coming years.

The Role of Demographic Trends in Crypto Adoption

Both Crypto.com and BlackRock attribute the growth in crypto adoption to changing demographic trends. Younger generations, in particular, are more open to using digital coins and tokens as part of their everyday financial activities. This trend is particularly pronounced in emerging markets, where access to traditional banking services may be limited, making crypto a viable alternative.

In 2024, countries like India, Indonesia, Nigeria, the U.S., and Vietnam emerged as the top adopters of cryptocurrency. In these regions, younger populations are increasingly embracing crypto as a tool for savings, investment, and everyday transactions. As the global youth population continues to grow, the adoption of digital currencies is expected to accelerate, with these regions remaining at the forefront of the movement.

A Look at the Future of Crypto Adoption

With crypto adoption continuing to rise, the outlook for the industry remains promising. The success of Bitcoin and Ethereum is driving broader interest in the space, and the growth of decentralized finance (DeFi) applications and blockchain innovations is expanding the utility of digital assets.

As more people gain access to cryptocurrencies and related products, the market is expected to continue evolving. However, the continued adoption of crypto will depend on a variety of factors, including regulatory developments, market volatility, and technological advancements. While the growth in 2024 is impressive, the path forward will require ongoing innovation and adaptation to keep pace with global trends.

The Top Crypto-Adopting Countries of 2024

The rise in global crypto adoption was notably driven by countries like India, Indonesia, Nigeria, the U.S., and Vietnam. These nations represent a mix of emerging markets and established economies where digital currencies are rapidly gaining traction. India and Indonesia, in particular, have seen increased adoption due to large, young populations that are tech-savvy and eager to explore alternative financial systems.

Bitcoin’s Market Performance in 2024

As of the end of 2024, Bitcoin is trading at $97,385 per digital token, marking an 86% increase in value over the past year. This surge in Bitcoin’s price is a testament to the increasing demand for the cryptocurrency as a store of value and a hedge against inflation.

Conclusion: The Future of Crypto Adoption

Crypto adoption in 2024 has exceeded expectations, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. As the global digital asset market continues to grow, the adoption of cryptocurrencies will likely continue to increase, driven by technological advancements, institutional investments, and demographic trends. While there are challenges ahead, the future of crypto adoption looks bright as more people worldwide discover the potential of digital currencies.

Featured Image: Freepik @ produtizebro

Please See Disclaimer