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X @Bitget Wallet 🩵
Bitget Wallet 🩵· 2025-10-25 10:00
He said BitgetIndustry wins = Wins for everyoneCZ 🔶 BNB (@cz_binance):First time seeing Bitget (peer/competitor) posts good things about me. 😂Truly appreciate it. 🙏🤝 ...
X @CZ 🔶 BNB
CZ 🔶 BNB· 2025-10-24 17:50
First time seeing Bitget (peer/competitor) posts good things about me. 😂Truly appreciate it. 🙏🤝Gracy Chen @Bitget (@GracyBitget):很为CZ和行业感到高兴。经此一役，更多加密公司，尤其是交易所都会更认真地布局美国市场Happy for CZ and the industry. After this episode, more crypto companies, esp exchanges, will likely strengthen their focus on the US market. ...
X @Bitget
Bitget· 2025-10-24 12:51
Trade APR, TURTLE, EVAA Futures to grab a share of 30,000 USDT in airdrops!Competition period: Oct 24, 10:00 AM — Oct 31, 10:00 AM (UTC)Event highlights:🔹 10,000 USDT for new Futures users🔹 20,000 USDT for Futures trading rankingJoin now: https://t.co/ACekIoThP1 https://t.co/IaqnkPK3mq ...
$19B October Crypto Flash Crash Cancelled Altseason, Says Bitget CEO Gracy Chen
Yahoo Finance· 2025-10-24 09:32
Core Insights - The anticipated altseason is effectively canceled, with the market crash on October 10 leading to a significant loss of nearly $19 billion in leveraged positions [1][6] - The sentiment in the industry indicates a shift away from speculative altcoins towards projects with tangible value, such as stablecoins and real-world asset tokenization [2][3][6] Market Sentiment - Gracy Chen, CEO of Bitget, noted that the risk-reward ratio for trading altcoins has collapsed, and the altseason is unlikely to occur in 2025 or 2026 [2][6] - Investors are now focusing on utility-backed projects rather than speculative gains from memecoins and microcaps [3][6] Digital Asset Treasury (DAT) Insights - The DAT boom may be nearing its end, as recent deals have shifted towards "in-kind" swaps rather than genuine investments [4][6] - There is little organic demand for long-tail DAT tokens, suggesting that this model could quickly lose momentum [4] Market Conditions - The market is still recovering from recent losses, with trading volume across centralized exchanges sharply declining [5][7] - Major market makers have faced liquidation after increasing leverage, indicating a challenging trading environment [7] - Despite current difficulties, the market has not yet reached its peak, which is characterized by irrational euphoria [7]