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Tripling My Bitcoin Buys, 15-Year Sentences, and YouTube Pays Me In StableCoins/
Digital Asset News· 2025-12-12 19:25
Investment and Trading Risks - Crypto investing and trading involves risk of loss [1] - Price predictions are all worthless [1] Crypto Education and Resources - Simplified Crypto Education is available on DAN Website [1] - Ben's INTO THE CRYPTOVERSE Site offers on-chain, macro & strategy analysis with 10% off the first month using code DAN10 [1] - Recommends Kraken for crypto trading, highlighting its features and offering a $25 sign-up bonus in the app [1] Security and Storage - Advocates for diversifying crypto storage [1] - Recommends TANGEM COLD STORAGE WALLET for simple, secure, and inexpensive storage, offering a 10% discount via an affiliate link [1] - Suggests using STONEBOOK to keep seeds & passwords safe, offering a 20% discount via an affiliate link [1] Tax and Legal Considerations - Highlights a new crypto tax rule in 2025 [1] - Provides a link to crypto tax software with a 20% discount using code DANCRYPTO [1] Disclaimer - Emphasizes that the content is not financial, legal, or tax advice and is for entertainment purposes only [1]
Bybit Launches BYUSDT to Tokenize Staked USDT for Margin Trading
Yahoo Finance· 2025-12-12 17:51
Core Insights - Bybit has launched BYUSDT, a proprietary token that allows users to tokenize their USDT Flexible Easy Earn balances for margin trading while still earning daily yield [1][2] Group 1: Product Features - BYUSDT enables Bybit VIP account holders to tokenize their staked USDT for 1:1 margin trading, allowing seamless swaps between BYUSDT and USDT Flexible Easy Earn accounts without fees [2] - The token accrues rewards hourly with daily payouts, enhancing the user experience [2] - Bybit's offering is unique in the centralized exchange space, as it integrates directly with the platform's staking rewards program [3] Group 2: Competitive Landscape - While similar products exist, such as those from Derebit and Kraken, Bybit's approach combines margin trading with a comprehensive rewards platform, unlike Kraken which limits margin trading to specific rewards [4][5] - Bybit's capital efficiency allows users to earn yields on staked USDT while maintaining liquidity for trading, addressing a common dilemma faced by traders [5] Group 3: Strategic Partnerships - Bybit is focusing on the stablecoin market, particularly through its partnership with Circle to enhance USDC liquidity across various markets and services [6][7] - The partnership aims to improve fiat-to-crypto on/off-ramps and expand USDC integration within Bybit's ecosystem, including services like Bybit Card and Bybit Earn [7]
X @Crypto.com
Crypto.com· 2025-12-12 13:16
The Kaiko Spot Exchange Ranking is out, and we’re #1 🏆A huge thank-you to our community and partners for trusting us as we continue elevating industry standards in security, liquidity, and product excellence.Next year, we raise the bar we set — again.https://t.co/hE5edVZhLVKaiko (@KaikoData):The latest Kaiko Spot Exchange Ranking is out now, and there was significant movement at the top. The top three global exchanges shifted around, with @cryptocom taking top spot from @krakenfx , while @Bitstamp entered t ...