Bybit x Block Scholes Quarterly Institution Report on ETH and Altcoin: Making Sense of the ETH Rally
DUBAI, UAE, May 28, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume released the latest institution report in collaboration with Blocks Scholes, in which the quarterly report offers a longer view of ETH's performance and potential impact on altcoins.
Analysts revisited historical patterns of ETH's trajectory and BTC's time-tested dominance, comparing how the cycles moved altcoin markets. With the focal point on ETH, the report assessed the catalysts of its recent surge since May 7, 2025.
Key Insights:
The Verdict on Altcoin Season hasn't been reached despite ETH's outperformance, for the simple reason that the ETH hype had not quite reached historical level in terms of market cap dominance for the trickle down effect to happen. Sitting at just over half of its 2021 high, ETH only occupied 9% of the market. The report noted that three out of the top 10 L-1 blockchains — HYPE, SUI, and SOL — outperformed ETH by market cap at one point or another since Trump's 'Liberation Day' on April 2.
The Pectra Upgrade appeared to have provided a boost to ETH's price performance. But a closer look at options data "complicates the narrative": the rise in implied volatility for ETH options suggested macro factors were the true drivers of sentiment shifts. In fact, the ETH rally on May 8 mirrored broader circumstances upon the announcement of the US-UK trade deal, propelling equities and BTC to climb simultaneously. The observation is consistent with later developments of market recovery amid easing tariff tensions.
Access the Full Report here.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Canada Standard
13 minutes ago
- Canada Standard
The Future of Global Priorities: Technology Over Humanity
by Irshad Ahmad Mughal When I was a young trainee as a community development worker, I was told:"Never lose sight of the forest by counting individual trees."This lesson taught me to adopt a holistic perspectivea mindset that now helps me analyze the evolving world order. In the post-Trump era, we witness a new global structure taking shape, defined by emerging alliances, shifting power dynamics, and transformed economic strategies. While Latin America remains relatively stable (with exceptions like Mexico and Panama), turbulence grips the Middle East, Europe, and South Asia. Three major powers are maneuvering to assert dominance in this geopolitical arena, much like players in a high-stakes contest. President Trump shook the world with his tariff policies, attempting to strongarm even traditional allies like Canada and Europe through threats and restrictions. Though he faced resistanceforcing tactical retreats and strategic pivotshe secured significant economic gains from wealthy Gulf states. However, he failed to deliver on his campaign promise of halting the Russia-Ukraine war. His sole diplomatic "win" was brokering a fragile ceasefire between India and Pakistan, a face-saving gesture amid broader setbacks. The Indo-Pakistan conflict unveiled a new era of aerial warfare, reshaping perceptions of military superiority. Pakistans Air Force claimed to have downed Indias "undefeated" Rafale jets using Chinese-made J-10 fighters, sparking debates about Eastern vs. Western technological hegemony. This incident bolstered Chinese and Pakistani confidence while denting Indias global standing. Today, clashes between global powers are intensifying. A new world order is emerging, and with it, a new kind of warfare. Ground forces are becoming obsolete; future conflicts will be decided in the skiesa paradigm shift with far-reaching implications. The emerging world order suggests an unpredictable future where traditional humanitarian concernsliberty, democracy, and equalityare sidelined on the global stage. Instead, international forums now prioritize tariffs, trade wars, drone warfare, artificial intelligence, data dominance, and technological supremacy. Current conflicts and ceasefires foreshadow a grim reality: the battles of tomorrow will not be fought by soldiers on the ground but waged through aerial combat, cyber warfare, and autonomous systems. Human lives may no longer be the primary casualty, but humanity itself risks becoming collateral damage in this new era. As technology races to the forefront of geopolitical strategy, foundational human values are being deprioritized. The question we must confront is this: In a world where algorithms dictate power and machines decide outcomes, what happens to the human condition? About the Author: Irshad Ahmad Mughal is the chairman of the Iraj Education & Development Foundation, based in 82B, New Chaburji Park, Lahore. Pressenza IPA
Cision Canada
21 minutes ago
- Cision Canada
AT&T to Release Second-Quarter 2025 Earnings on July 23
DALLAS, May 30, 2025 /CNW/ -- We will release second-quarter earnings on Wednesday, July 23, 2025, and webcast a conference call to discuss results. Key Takeaways: AT&T will release its second-quarter 2025 results on July 23 AT&T will webcast a conference call to discuss results AT&T (NYSE:T) will release its second-quarter 2025 results before the New York Stock Exchange opens on Wednesday, July 23, 2025. The company's earnings release and related materials will be available on the AT&T Investor Relations website. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will also be available on the AT&T Investor Relations website, and the webcast replay and transcript will be available following the call. To automatically receive AT&T financial news by email, please subscribe to email alerts. About AT&T We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at Investors can learn more at
Cision Canada
38 minutes ago
- Cision Canada
NameSilo Technologies Corp. Announces Q1 2025 Results
VANCOUVER, BC, May 30, 2025 /CNW/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the " Company"), one of the largest domain registrars in the world, is pleased to announce the financial results for the quarter ending March 31, 2025. The financial statements and related management's discussion and analysis ("MD&A") can be viewed on SEDAR+ at Financial Highlights of the Company: The Company's financial results in fiscal Q1 2025 are set forth below (all figures in Canadian dollars): 10th consecutive quarter and 7th year of consecutive revenue growth. 14 th consecutive quarter of net operating income. Record revenues of $15,872,636 for Q1 2025 as compared to $12,801,965 in Q1 2024, an increase of 24.0%. The increase in revenues for Q1 2025 was due to an increase in domains under management, marketplace revenues, and from the sale of ancillary services. Gross Profit of $4,132,472 or 26.0% of revenues in Q1 2025 vs $2,661,498 or 20.8% in Q1 2024. Highest gross margin in the Company's history. Operating income of $1,952,826 for Q1 2025 compared to $1,132,805 in Q1 2024 an increase of 72.4%. Net income of $1,622,623 in Q1 2025 compared to net income of $1,214,490 in Q1 2024 an increase of 33.6%. Adjusted EBITDA* of $1,987,836 for Q1 2025 as compared to $1,669,670 in Q1 2024 Total Bookings* of $17,469,320 in Q1 2025 compared to $13,984,557 in Q1 2024 an increase of 24.9%. Total deferred revenues of $33,067,351 as of March 31, 2025, vs $31,470,667 at December 31 2024. Cash and cash equivalents of $3,795,380. Investment, convertible loans totaling $4,607,758. "We continue to be extremely pleased with the ongoing growth of our operating business," commented Paul Andreola, CEO of NameSilo Technologies. "Q1 was another record quarter in terms of revenues and gross margin with a significant increase in free cash flow. We are excited about our future growth prospects and the continued progress of our investee companies. Namesilo Technologies has never been better positioned to grow and deploy capital in our existing portfolio companies, pursue new investment opportunities, as well as continue our share buy-back strategy. We would like to thank all our employees, customers and shareholders for their support and hard work." Kristaps Ronka, CEO, NameSilo LLC comments "Q1 2025 has been a foundational quarter for us. We've expanded our team strategically, increased efficiencies in our development processes, and integrated AI-assisted coding to significantly accelerate product rollout. On the support front, we've begun implementing a new framework to deliver platinum-level support to our largest customers. With product bundling finalized, we're excited to launch our first bundled campaigns this June—paving the way for even more value to our users." NameSilo LLC will focus on adding value-added products to offer customers a one-stop source for essential services related to their domains. The Company believes that these new products will further increase core revenues and margin growth for NameSilo, improve customer retention and improve the value proposition to the customer base. About NameSilo Technologies Corp. and NameSilo LLC NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third-party and it does not offer investment advice. NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 5.8 million active domains under management from approximately 160 countries. Disclaimer for Forward-Looking Information Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements. *Non-IFRS Financial Measure Readers are cautioned that "Adjusted EBITDA" and "total bookings" are measures not recognized under IFRS. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, restructuring costs, impairment charges and other non-recurring gains or losses. Management believes Adjusted EBITDA is a useful measure that facilitates period-to-period operating comparisons. Total bookings includes the full amount of cash received from new domain bookings, renewals and other related services. Whereas, under IFRS, the Company records revenue from domain booking and renewal fees on a straight-line basis over the life of the contract term. However, the Company's management believes that "total bookings" provides investors with insight into management's decision-making process because management uses this measure to run the business and make financial, strategic and operating decisions. Further, "total bookings" also provides useful insight into the Company's operating performance on a yearly basis. "Total bookings" do not have standardized meanings prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Readers are cautioned that "Adjusted EBITDA" and "total bookings" are not an alternative to measures determined in accordance with IFRS and should not, on their own, be construed as indicators of performance, cash flow or profitability. SOURCE NameSilo Technologies Corp.
