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BloFin WOW (War of Whales) 2025 Grand Prix Opens Registration for $4.2M Trading Championship and Tesla Cybertruck Prize
GlobeNewswire News Room· 2025-07-03 08:55
Core Insights - BloFin has launched the WOW (War of Whales) 2025 Grand Prix trading competition with a total prize pool of up to $4,200,000 USDT, making it one of the most significant trading events in the cryptocurrency sector for 2025 [2][4] Group 1: Competition Overview - The WOW 2025 Grand Prix features four competition formats, including team battles, individual leaderboards, random rewards, and a spin-to-win feature, running from June 26 to July 15, 2025 [3] - The prize pool starts at $35,000 USDT and scales with total trading volume milestones, encouraging more trading activity among participants [4] Group 2: Prize Distribution - Prize distribution includes various categories: Team Competition by Trading Volume (40%), Team Competition by PNL % (20%), Individual Competition by Trading Volume (25%), and Individual Competition by PNL % (15%) [7] - Top-performing teams can win a Tesla Cybertruck, while individual champions will receive luxury giveaways [7] Group 3: Registration Details - Registration for the competition is open from June 20 to July 15, 2025, and team leaders are encouraged to form squads early to enhance their competitive advantage [9] Group 4: Company Profile - BloFin is a leading cryptocurrency exchange specializing in futures trading, offering over 480 USDT-M perpetual pairs and various trading solutions [10] - The platform emphasizes security and compliance, utilizing technologies like Fireblocks and Chainalysis for asset protection [10]
5 Top S&P 500 Finance Stocks Outperforming the Index in 1H25
ZACKS· 2025-07-02 15:46
Core Insights - The financial services sector outperformed expectations in the first half of 2025, driven by modest economic expansion, decent loan demand, higher interest rates, increased market volatility, and ongoing business restructuring initiatives [1][2][8] Sector Performance - The financial services sector gained over 7% in the January-June period, surpassing the S&P 500 Index's 4.9% rise [2] - Higher interest rates, technology investments, loan growth, and market volatility contributed to the sector's strength [8] Technology and Innovation - Increased use of innovative trading platforms and the adoption of artificial intelligence (AI) are expected to enhance profitability for finance firms in the long run, despite initial technology-related expenses [3] Top-Performing Stocks - Five top-performing stocks in the financial services sector include Coinbase Global (COIN), W. R. Berkley Corporation (WRB), Northern Trust (NTRS), Goldman Sachs (GS), and Charles Schwab (SCHW) [4][8] Coinbase Global (COIN) - Coinbase is positioned to benefit from increased crypto market volatility, with 84% of its revenues coming from the U.S. market [9] - The company is investing in infrastructure and platforms like Base to enhance the practical use of crypto [10] - Coinbase ended Q1 2025 with $10.2 billion in USD resources, a 6.7% increase from the end of 2024 [12] W. R. Berkley Corporation (WRB) - WRB has been investing in startups and expanding into international markets, with a 10.2% year-over-year increase in net premiums written in Q1 2025 [15] - The company is experiencing growth across all business lines except for professional liability and workers' compensation [16] Northern Trust (NTRS) - Northern Trust is focusing on organic expansion and has launched Family Office Solutions to attract ultra-high-net-worth clients [20] - The company reported a return on equity (ROE) of 13% in Q1 2025, indicating progress towards sustainable profitability [22] Goldman Sachs (GS) - Goldman Sachs is restructuring to refocus on core strengths, including the transfer of its GM credit card business and the sale of GreenSky [24][25] - The company expects a recovery in investment banking revenues in the second half of 2025 as economic conditions stabilize [26] Charles Schwab (SCHW) - Schwab is benefiting from a high-interest-rate environment, with its net interest margin improving to 2.12% by the end of Q1 2025 [30] - The company has a strong cash position of $35 billion and a total debt of $39.9 billion as of March 31, 2025 [33]
Bitget 上线 NodeOps (NODE) 现货交易
Globenewswire· 2025-07-01 07:16
Core Viewpoint - Bitget, a leading global cryptocurrency exchange, has launched NodeOps (NODE) for spot trading, marking a significant step in expanding its product offerings and enhancing its Web3 ecosystem [2][4]. Group 1: NodeOps Overview - NodeOps is a DePIN infrastructure platform designed to simplify decentralized computing, featuring a two-layer architecture: the NodeOps Network protocol for coordinating decentralized infrastructure and a user-facing product suite including NodeOps Cloud, Console, Agent Terminal, Staking Hub, and Security Hub [3]. - The NODE token is central to the ecosystem, facilitating operations, rewarding genuine work, and governing the network, while a revenue-backed "mint and burn" mechanism ensures value sustainability and infrastructure security [3]. Group 2: Bitget's Product Expansion - Bitget aims to become a leading cryptocurrency trading platform, currently offering over 800 cryptocurrencies and planning to expand to more than 900 trading pairs, connecting users to various ecosystems like Bitcoin, Ethereum, Solana, Base, and TON [4]. - The integration of NodeOps into Bitget's offerings signifies a strategic move to deepen engagement with niche communities and drive innovation in the decentralized economy [4]. Group 3: Company Background - Established in 2018, Bitget serves over 120 million users across more than 150 countries, providing innovative trading solutions and real-time cryptocurrency price information [5]. - Bitget Wallet, previously known as BitKeep, is a multi-chain cryptocurrency wallet offering comprehensive Web3 solutions, including wallet functionalities, token swaps, NFT marketplace, and DApp browser [5]. Group 4: Strategic Partnerships - Bitget is actively promoting cryptocurrency through strategic partnerships, including being the official cryptocurrency partner of La Liga in East Asia, Southeast Asia, and Latin America, as well as collaborating with top athletes to encourage global community engagement with cryptocurrency [6].
S&P 500 Gains and Losses Today: Index Notches Record Close; Nike Jumps, Coinbase Drops
Investopedia· 2025-06-27 21:00
Group 1: Market Performance - Major U.S. equities indexes gained, with the S&P 500 advancing 0.5% to a record closing high, and the Nasdaq Composite also reaching its highest-ever closing level with a 0.5% gain [2][10] - The Dow increased by 1% on the same day [2] Group 2: Trade Developments - U.S. and China agreed on a trade framework, confirming earlier details, while President Trump ended trade talks with Canada [3] Group 3: Company Performances - Nike shares surged 15% after reporting smaller-than-expected sales and profit declines, indicating progress in its turnaround plan under CEO Elliott Hill [4] - Boeing shares rose 5.9% following trade progress with China, with analysts upgrading the stock to "buy" due to improved production and financial outlook [5] - Equinix shares gained 5.3% despite previous losses, benefiting from demand for data center services driven by AI adoption [6] - Palantir Technologies shares fell over 9% due to easing geopolitical tensions and a decrease in the Department of Defense's budget request for fiscal 2026 [7] - Coinbase Global shares dropped 5.8% after ARK Innovation ETF sold 33,000 shares, despite recent positive developments in the crypto space [8] - Enphase Energy shares declined 4.9% after a reversal of gains related to Senate budget bill discussions affecting solar companies [9] - Newmont shares fell 4.1% as gold prices decreased amid improved U.S.-China trade relations [10]
Bitget 储备金证明显示 2025 年 6 月资金覆盖率高达 199%
Globenewswire· 2025-06-27 15:07
Core Insights - Bitget, a leading global cryptocurrency exchange, reported a Proof of Reserves (PoR) for June 2025, showing a total reserve ratio of 199%, up from 192% in May, indicating a strong ability to cover user assets well above the industry standard of 1:1 [2][4] Group 1: Reserve Ratios - The platform holds 28,286.53 BTC with user liabilities of 6,593.8 BTC, resulting in a Bitcoin reserve ratio of 429% [3] - Bitget has 1.75 billion USDT in reserves against 1.61 billion held by users, achieving a coverage ratio of 108% [3] - The Ethereum reserve stands at 219,917.71 ETH, with user accounts holding 148,754.3 ETH, leading to a reserve ratio of 148% [3] - USDC shows the highest increase, with 138.88 million USDC held by Bitget against 51.44 million by users, resulting in a reserve ratio of 270% [3] Group 2: Transparency and Security Measures - Bitget implemented the Proof of Reserves mechanism in December 2022 and updates it monthly to ensure transparency and real-time assurance for users [4] - The platform has established a $600 million Protection Fund to enhance user security against extreme market conditions or sudden asset risks [4] - The reserve data is generated using Merkle tree technology, allowing users to independently verify the existence and sufficiency of reserves through an open-source tool [3][4] Group 3: Company Overview - Founded in 2018, Bitget serves over 100 million users across more than 150 countries, offering innovative trading solutions and real-time cryptocurrency price information [5] - Bitget Wallet, previously known as BitKeep, provides a comprehensive suite of Web3 solutions, including wallet functions, token swaps, NFT marketplace, and DApp browser [5] Group 4: Strategic Partnerships - Bitget is the official cryptocurrency partner for La Liga in East Asia, Southeast Asia, and Latin America, and collaborates with top athletes to promote cryptocurrency adoption globally [6]
Bitget PRO 计划推出限时 PRO+2 升级服务,旨在为高交易量及机构交易者提供强大助力
Globenewswire· 2025-06-23 07:42
Group 1 - Bitget has launched a limited-time PRO+2 Level Upgrade Promotion to enhance its offerings for institutional clients and high-frequency traders [2][3] - The Bitget PRO plan introduces a dynamic tiered system that simplifies access to lower fees, optimized API limits, exclusive loans, custody services, and higher withdrawal limits for institutional clients [2][4] - The PRO+2 Level Upgrade Promotion will run from July 2, 2025, to August 31, 2025, allowing eligible users to upgrade their trading capabilities based on their June trading volume [3][4] Group 2 - The promotion allows traders to upgrade two levels based on their trading volume, with new users able to submit past trading activity or asset holdings for equivalent upgrade benefits [3][4] - Eligible users can unlock benefits associated with the highest PRO6 level, including top-tier fee discounts, deeper liquidity, and personalized institutional support [3][4] - Bitget PRO plan automatically assigns levels based on a user's 30-day API trading volume, with a requirement that at least 20% of trades be conducted via API for levels PRO1 and above [4] Group 3 - Earlier this year, Bitget introduced institutional loan services with a maximum leverage of 5 times for spot trading, enhancing its institutional offerings [4] - The company aims to support professional traders with flexible and secure solutions, including unified accounts and enhanced OTC services [4] - Bitget, established in 2018, serves over 120 million users across more than 150 countries, focusing on innovative trading solutions and partnerships to promote cryptocurrency adoption [5]
Bitget 推出“PRO”模式,为机构客户和 VIP 交易者提供定制化服务
Globenewswire· 2025-06-19 07:48
维多利亚,塞舌尔, June 19, 2025 (GLOBE NEWSWIRE) -- 领先的加密货币交易所和 Web3 企业 Bitget 宣布推出 Bitget PRO,这是一项旨在为机构交易和 VIP 交易需求提供支持的新计划。 该计划专为满足大宗交易市场参与者的运营需求而设计,提供优化的交易环境,包括更低的费用、更优惠的利率、托管和贷款服务,以及更高的 API 频率上限和更高的提现额度。 这些改进旨在促进高效的资本配置,并为各种市场环境下的复杂交易策略提供支持。 Bitget PRO 采用自动化准入机制,符合条件的交易者可轻松享受专属权益。 资格审核自动截止时间为每日上午 9:00 (UTC+8),不同 PRO 等级对应不同的福利和费用标准。 PRO 1 级别要求用户过去 30 天的交易量中,20% 需来自 API。 反之,若未能满足此条件,用户将自动降回 VIP 等级。 Bitget 还提供做市商和经纪商计划,为用户提供更多参与平台生态系统的机会。 “机构交易者正日益成为加密货币普及的关键驱动力,并以其规模化、精准度和策略塑造行业格局。 Bitget PRO 旨在成为加密货币顶级参与者的大本营,为 ...
Bitget 向叙利亚用户敞开大门,提供全方位服务产品套件
Globenewswire· 2025-06-13 08:52
Core Insights - Bitget has expanded its services to include Syrian citizens following the recent suspension of OFAC sanctions, allowing them to register and access a full suite of services including P2P, spot trading, futures, and yield-generating products [2][3] - This move is significant for Syria, a country facing conflict and economic isolation, as cryptocurrency serves as a practical tool for survival and connection to the global economy [2] - Bitget's CEO, Gracy Chen, emphasized the company's commitment to reaching those in need of cryptocurrency, particularly in regions with unstable economies and limited banking access [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 and regions [5] - The platform is known for its innovative copy trading features and provides real-time pricing information for Bitcoin, Ethereum, and other cryptocurrencies [5] - Bitget Wallet, previously known as BitKeep, supports over 130 blockchains and millions of tokens, facilitating multi-chain transactions and staking [6] Strategic Initiatives - The decision to include Syrian users reflects Bitget's strategic focus on supporting practical use cases for cryptocurrency in regions where it can have a significant impact [3] - The company aims to enhance local engagement and accessibility, ensuring that Syrian users can utilize industry-leading products and tools to explore the world of cryptocurrency [3] - Bitget is also involved in strategic partnerships to promote cryptocurrency, including collaborations with major sports leagues and athletes to encourage global adoption [6]
Bitget 保护基金自成立以来激增超 140%,以 7.25 亿美元创历史新高
Globenewswire· 2025-06-12 05:39
Core Insights - Bitget's user protection fund reached a record valuation of $725.1 million in May 2025, marking a 140% increase from its initial reserve of $300 million [2][5] - The fund's average valuation for the month was $673.5 million, reflecting the effectiveness of holding BTC reserves and the industry's confidence in its long-term fundamentals [2][3] Fund Performance - The protection fund is designed to safeguard user assets during extreme market conditions and has shown consistent growth throughout May [2] - The fund's value fluctuates with Bitcoin prices, which were bolstered by BTC trading prices exceeding $110,000 multiple times in May [2][3] Security Measures - Bitget maintains a robust security system, including regular Merkle Tree audits and ISO 27001:2022 certification, ensuring top-tier protocols and real-time monitoring of suspicious activities [5] - The platform has not experienced any security breaches since its inception in 2018, earning a AAA security rating [5] Company Overview - Established in 2018, Bitget serves over 120 million users across more than 150 countries, offering innovative trading solutions and a non-custodial wallet supporting over 130 blockchains [6] - Bitget is actively involved in promoting cryptocurrency adoption through partnerships with major sports leagues and athletes [6]
Bitget启动第二年度“反诈骗月”活动,旨在打击日益猖獗的网络诈骗
Globenewswire· 2025-06-04 12:05
Core Viewpoint - Bitget has launched its second annual "Anti-Scam Month" to enhance public awareness of cryptocurrency security, emphasizing that safety is a shared responsibility between the platform and its users [2][3]. Group 1: Anti-Scam Month Initiative - The initiative aims to transform fear into empowerment and confidence under the theme "Smarter Eyes, Stronger Shields," incorporating gamified education, community storytelling, and interactive content [3]. - Bitget has established an Anti-Scam Center, featuring various interactive resources, a social media campaign, a series of safety blogs, and a mini-game called "Wise Eye Challenge" [3][4]. - The initiative is supported by a growing network of security experts and top security companies, including GoPlus, SlowMist, OneKey, BlockSec, and Security Alliance, to promote safety awareness [3][4]. Group 2: Collaboration and Community Engagement - The campaign has received strategic support from other notable Web3 participants like Bitget Wallet, Morph, and Tapswap, reflecting a broader commitment to a safer Web3 ecosystem [4]. - Bitget's CEO, Gracy Chen, stated that building a secure Web3 future is a collective mission, emphasizing that protecting users is not just a technical responsibility but a shared goal [4][5]. - In addition to user-focused activities, Bitget will collaborate with Slowmist and Elliptic to release the "2025 Anti-Scam Report," analyzing evolving scam tactics and showcasing how Bitget enhances its internal systems to mitigate security threats [4][5]. Group 3: Industry Context and Future Outlook - The cryptocurrency sector has seen a significant rise in scams, with losses exceeding $9.9 billion in 2024 and a 24% annual growth rate since 2020 [2][5]. - As the industry grows, the need for enhanced security measures and awareness becomes increasingly critical, with predictions that deepfake technology could account for about 70% of cryptocurrency crimes in the next two years [5]. - Bitget is committed to promoting safety awareness and education in collaboration with the global community and renowned security institutions [5].