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Regulatory Compliance - OKX becomes the first global exchange to offer regulated retail crypto derivatives in UAE under VARA framework [1] Market Expansion - The move signifies OKX's expansion into the UAE market [1] Industry First - OKX is the first global exchange to achieve this milestone in the UAE [1]

Core Insights - The 2025 King's Cup Global Invitation (KCGI) has entered the team competition phase with a total prize pool of 6 million USDT, featuring exclusive rewards such as LALIGA VIP tickets and MotoGP passes [2] - The competition emphasizes collaboration, strategic planning, and regional unity among traders, creating an ideal platform for leveraging strengths [3] - Bitget aims to enhance community engagement and promote Web3 development through this event, showcasing the spirit of global collaboration [2][3] Company Overview - Bitget, established in 2018, is a leading cryptocurrency exchange and Web3 company serving over 120 million users across more than 150 countries [6] - The platform offers innovative trading solutions, including copy trading features, and supports a wide range of cryptocurrencies through its Bitget Wallet [6] - Bitget has strategic partnerships with major sports leagues and organizations, including being the official cryptocurrency partner of LALIGA in specific markets and collaborating with UNICEF for blockchain education [7] Event Details - The team competition runs from July 24 to August 12, 2025, with over 1,300 teams already registered [2] - Teams must consist of at least 10 members and achieve a cumulative trading volume of 30,000 USDT to qualify for the prize pool [2] - Additional incentives include a 10% reward share for team leaders and a total of 100,000 USDT in BGB tokens for the top 200 qualifying team leaders [2][4] Prize Distribution - 1.2 million USDT will be awarded to the teams with the best profit and loss (PnL) performance [4] - 1.2 million USDT will be allocated for the top regional teams based on return on investment (ROI) [4] - 300,000 USDT will reward individual winners in both PnL and ROI categories [4]

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Industry Overview - Drone maker stocks are experiencing significant growth, with Kratos Defense & Security Solutions (KTOS) up 40% in the last month and 80% over the last six months [1] - Drones are playing a crucial role in modern warfare, particularly in the Russia-Ukraine conflict and recent Israel-Iran tensions, leading to increased defense spending focused on drone technology [2][3] Defense Spending Trends - The U.S. Defense Secretary announced a major drone initiative, emphasizing that drones represent a significant battlefield innovation [2] - NATO members have committed to spending 5% of their GDP on defense and security by 2035, with a substantial portion allocated to drone technology [2] Stock Performance - KTOS has shown remarkable returns, with a total trade return of 250% as of the latest update, reflecting the compounding effect of momentum trading [6][8] - Palladyne AI (PDYN), another drone-related stock, has surged 48% recently, with recommendations to lock in profits due to its overbought status [9][10] Market Dynamics - The market is characterized by individual stocks experiencing significant surges, despite major indexes being at all-time highs [13] - The combination of fundamental and seasonal strength is highlighted as a strategy for identifying potential investment opportunities [15][19]

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Core Points - Bitget, a leading cryptocurrency exchange and Web3 company, has launched Eclipse (ES) for spot trading in its Innovation Zone, with trading starting on July 16, 2025 [2] - The company is offering a total of 1,511,494 ES tokens for users to share through a dedicated Launchpool rewards event [2][3] - Eclipse is a modular second-layer network designed to enhance blockchain performance by integrating multiple ecosystems, focusing on scalability, security, and decentralization [5] Launchpool and Rewards - Bitget's Launchpool event will run from July 17 to July 21, 2025, with a total reward of 1,295,600 ES tokens available for eligible users [3] - Users can lock between 5 to 50,000 BGB tokens to share in 1,261,000 ES tokens, while locking 8 to 800,000 ES tokens allows participation in a pool of 34,600 ES tokens [3] - Additional rewards will be distributed through the CandyBomb event, providing 166,000 ES tokens based on trading activity [3] Community Engagement and Promotions - A lottery event on the X platform will allow 750 eligible users to share 24,947 ES tokens, running from July 16 to July 23, 2025 [4] - Community activities will also offer another 24,947 ES tokens to 750 eligible users who meet specific participation criteria [4] Company Overview - Bitget, established in 2018, serves over 120 million users across more than 150 countries, providing a wide range of trading solutions [7] - The platform supports over 800 listed tokens in both spot and derivatives markets, reinforcing its position as a top cryptocurrency exchange [5][7] - Bitget is involved in strategic partnerships to promote cryptocurrency, including collaborations with LaLiga and UNICEF for blockchain education [8]

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