BTC

Trade Volatility Smartly: Bybit Introduces Smart Leverage, Offering Users Unprecedented Control with No Liquidation

Retrieved on: 
Monday, March 25, 2024
Bitcoin, 2000s, ETH, UI, BTC

Smart leverage allows traders to take highly leveraged positions (up to 200x) with full liquidation protection until the settlement date.

Key Points: 
  • Smart leverage allows traders to take highly leveraged positions (up to 200x) with full liquidation protection until the settlement date.
  • This way, users can trade short-term volatility for Bitcoin (BTC) and Ether (ETH) without needing to worry about sudden price movements closing their positions.
  • By allowing traders to take profit at any time, users can now amplify their potential returns and more easily trade market volatility.
  • Key Features of Smart Leverage:
    No Liquidations Before Expiration: Smart Leverage ensures traders can confidently engage in high-leverage trading without fearing liquidation.

Trade Volatility Smartly: Bybit Introduces Smart Leverage, Offering Users Unprecedented Control with No Liquidation

Retrieved on: 
Monday, March 25, 2024
Bitcoin, 2000s, ETH, UI, BTC

Smart leverage allows traders to take highly leveraged positions (up to 200x) with full liquidation protection until the settlement date.

Key Points: 
  • Smart leverage allows traders to take highly leveraged positions (up to 200x) with full liquidation protection until the settlement date.
  • This way, users can trade short-term volatility for Bitcoin (BTC) and Ether (ETH) without needing to worry about sudden price movements closing their positions.
  • By allowing traders to take profit at any time, users can now amplify their potential returns and more easily trade market volatility.
  • Key Features of Smart Leverage:
    No Liquidations Before Expiration: Smart Leverage ensures traders can confidently engage in high-leverage trading without fearing liquidation.

Yala's Strategic Roadmap Unveiled: Bring Bitcoin Liquidity across Blockchain with a Meta-Yield Stablecoin

Retrieved on: 
Friday, March 22, 2024
Growth, Oracle, Ordinal, Communication, AMM, Green, Decentralized finance, BTC, YU, DAO, Cryptocurrency

This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain ecosystems, enhancing DeFi liquidity efficiency.

Key Points: 
  • This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain ecosystems, enhancing DeFi liquidity efficiency.
  • Yala is embracing the future with a newly refined message: 'Connecting Bitcoin liquidity through a meta-yield stablecoin.'
  • By harnessing the potential of Bitcoin for DeFi, Yala introduces YU — a BTC-backed stablecoin capable of generating yield across various blockchain networks.
  • This innovative approach ensures Bitcoin liquidity is truly borderless, employing a mapping and minting mechanism that allows users to tap into yields from other blockchain ecosystems without leaving the Bitcoin environment.

Bitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20%

Retrieved on: 
Friday, March 22, 2024
USDC, USDT, Por, ETH, BTC, Cryptocurrency

The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%.

Key Points: 
  • The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%.
  • It emphasizes Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves.
  • As of March 22nd, Coinmarketcap reports that Bitget's total reserves exceed $2.5 billion, comprising prominent cryptocurrencies like BTC, ETH, USDT, and USDC.
  • In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats.

Bitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20%

Retrieved on: 
Friday, March 22, 2024
USDC, USDT, Por, ETH, BTC, Cryptocurrency

The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%.

Key Points: 
  • The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%.
  • It emphasizes Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves.
  • As of March 22nd, Coinmarketcap reports that Bitget's total reserves exceed $2.5 billion, comprising prominent cryptocurrencies like BTC, ETH, USDT, and USDC.
  • In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats.

Bitcoin Halving Frenzy: Join Bybit's Miner's Point Plaza for a Shot at $1 Million and Witness History!

Retrieved on: 
Friday, March 22, 2024
Bitcoin, USDT, ETH, NFT, Miner, BTC, Cryptocurrency

DUBAI, UAE, March 22, 2024 /PRNewswire/ -- Bybit , one of the world's top three crypto exchanges by volume, today launched Miner's Points Plaza to celebrate the Bitcoin Halving.

Key Points: 
  • DUBAI, UAE, March 22, 2024 /PRNewswire/ -- Bybit , one of the world's top three crypto exchanges by volume, today launched Miner's Points Plaza to celebrate the Bitcoin Halving.
  • 2016 Halving: While the price initially dipped, it eventually soared to $2,550 by July 2017, marking a 292% increase from the halving day.
  • 2020 Halving: Bitcoin price witnessed a surge from $8,787 to its all-time high of nearly $69,000 by November 2021, a staggering 681% increase.
  • The Miner's Points Plaza offers our community the platform to maximize their gains during the Bitcoin Halving, reinforcing our commitment to leading the way in gamified experiences."

Bitcoin Halving Frenzy: Join Bybit's Miner's Point Plaza for a Shot at $1 Million and Witness History!

Retrieved on: 
Friday, March 22, 2024
Bitcoin, USDT, ETH, NFT, Miner, BTC, Cryptocurrency

DUBAI, UAE, March 22, 2024 /PRNewswire/ -- Bybit , one of the world's top three crypto exchanges by volume, today launched Miner's Points Plaza to celebrate the Bitcoin Halving.

Key Points: 
  • DUBAI, UAE, March 22, 2024 /PRNewswire/ -- Bybit , one of the world's top three crypto exchanges by volume, today launched Miner's Points Plaza to celebrate the Bitcoin Halving.
  • It's a gamified event where users complete fun tasks, earn points, and mine a 2 BTC prize pool.
  • 2016 Halving: While the price initially dipped, it eventually soared to $2,550 by July 2017, marking a 292% increase from the halving day.
  • The Miner's Points Plaza offers our community the platform to maximize their gains during the Bitcoin Halving, reinforcing our commitment to leading the way in gamified experiences."

Ledn and Casa Partner to Reward High-Security Custody Users with BTC/ETH-Backed Loan Benefits

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Ethereum, Partnership, APR, ETH, BTC, Cryptocurrency

GEORGE TOWN, Cayman Islands, March 19, 2024 /PRNewswire/ -- Casa, a leading cryptocurrency self-custody platform, and Ledn, a prominent crypto lender, today announce a strategic partnership to expand financial services available to Casa members.

Key Points: 
  • Borrowing against Bitcoin (BTC) and Ether (ETH) has been a popular request among Casa members in recent years.
  • This partnership enables Casa members to receive an exclusive discount on crypto-backed loans via Ledn, a company that has originated over $5B of loans since 2018.
  • Ledn provides a range of lending and saving products to digital asset holders in over 130 countries.
  • Starting immediately, Casa members will enjoy a reduced interest rate, with a 0.25% APR reduction on their first five Ledn loans.

Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, March 18, 2024
Electricity, Annual report, GPU, Digital, Artificial intelligence, Soluna, Sale, Shareholder, Nvidia, Graphics processing unit, ETH, BTC, Miner, Growth, Sympathy, Treasury, USDC, Mining, Cryptocurrency

Total revenue for fiscal year 2023 was $44.9 million, a 39% increase compared to the prior year.

Key Points: 
  • Total revenue for fiscal year 2023 was $44.9 million, a 39% increase compared to the prior year.
  • The Company paid approximately $0.05 per kilowatt hour to its hosting partners for electricity consumed during fiscal year 2023.
  • The Company earned 287.0 ETH in native staking and 81.9 ETH in liquid staking, respectively, during fiscal year 2023.
  • We announced the launch of a new business line, Bit Digital AI, during the fall of 2023.

44 West Mining Announces Expansion of its Kitty Site and Deployment of 575 New Bitcoin Miners

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Miner, Growth, BTC, Mining, Cryptocurrency

GILLETTE, Wyo., March 18, 2024 /PRNewswire/ -- 44 West Mining, LLC ("44 West" or the "Company"), Wyoming's premier immersion-cooled Bitcoin (BTC) mining company, today announced the deployment of a 3 Megawatt (MW) Intelliflex™ immersion-cooled BTC mining module and 575 Antminer S19j Pro BTC miners to the Company's Kitty site in Gillette, WY, expanding the Company's footprint to approximately 135PH/s hashrate and over 1,000 BTC miners.

Key Points: 
  • GILLETTE, Wyo., March 18, 2024 /PRNewswire/ -- 44 West Mining, LLC ("44 West" or the "Company"), Wyoming's premier immersion-cooled Bitcoin (BTC) mining company, today announced the deployment of a 3 Megawatt (MW) Intelliflex™ immersion-cooled BTC mining module and 575 Antminer S19j Pro BTC miners to the Company's Kitty site in Gillette, WY, expanding the Company's footprint to approximately 135PH/s hashrate and over 1,000 BTC miners.
  • Following this deployment, approximately 5MW of 20MW total capacity is now operational at 44 West's Kitty site.
  • Jamie Terranova, President & CEO of 44 West, commented, "We are pleased to announce that we have begun the expansion of our Kitty site in Gillette.
  • We intend to continue with this strategy as we further expand the site and explore additional expansion opportunities within the state of Wyoming" continued Mr. Terranova.