Latest news with #BTCUSDT


Barnama
24-04-2025
- Business
- Barnama
Bitget Upgrades Liquidity Incentive Program With Top-Tier Maker Rebate For Institutional Traders
VICTORIA, Seychelles, April 24 (Bernama) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review.


Globe and Mail
24-04-2025
- Business
- Globe and Mail
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders
VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review. To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start. "In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies," said Gracy Chen, CEO of Bitget. This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms. For more details on the updated program, visit: Liquidity Incentive Program About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.


Hamilton Spectator
24-04-2025
- Business
- Hamilton Spectator
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders
VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review. To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start. 'In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies,' said Gracy Chen, CEO of Bitget. This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms. For more details on the updated program, visit: Liquidity Incentive Program About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at


Bahrain News Gazette
23-04-2025
- Business
- Bahrain News Gazette
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders
Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders VICTORIA, Seychelles, April 23, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic update aligns with Bitget's commitment in 2025 to serving institutional investors, improving liquidity depth, and trading efficiency across its platform. The upgraded program introduces a tiered system with market-leading fee incentives, including maker rebates of up to -0.012% on spot and -0.005% on futures, and taker fees starting as low as 0.02% and 0.025%, respectively. For the first time, maker rebates will apply to major perpetual contract trading pairs such as BTCUSDT and ETHUSDT, significantly enhancing rewards for liquidity providers and high-frequency trading firms. Around 130 futures pairs now enjoy Bitget's top-tier fee rates, with more to be added in the following months after regular liquidity review. To further accelerate onboarding, new liquidity providers can submit historical trading records to receive a tier upgrade, granting access to better fee rates and higher API rate limits from the start. 'In 2025, one of our top strategic priorities is the expansion of Bitget's institutional ecosystem. By upgrading our liquidity incentives, we aim to create a more attractive and sustainable environment for market makers and professional traders. Strong institutional participation not only drives market depth but also contributes to the mass adoption of cryptocurrencies,' said Gracy Chen, CEO of Bitget . This announcement follows Bitget's recent upgrade of its institutional lending services, which now support over 50 collateral assets with flexible loan terms of up to 12 months — providing institutions with scalable and efficient access to capital. In parallel, Bitget also launched invite-only live trading for its Unified Account, enabling professional traders to manage spot, margin, and futures positions under one simplified interface. Together, these enhancements form a critical part of Bitget's broader institutional strategy, aimed at delivering a seamless, high-performance infrastructure that meets the evolving needs of sophisticated trading firms. For more details on the updated program, visit: Liquidity Incentive Program About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at GlobeNewswire Distribution ID 1001091755


Globe and Mail
28-02-2025
- Business
- Globe and Mail
Fears of a Bitcoin Peak Send MicroStrategy Stock Plunging. Should You Buy or Sell Shares Now?
MicroStrategy (MSTR) has had a tough few weeks as Bitcoin (BTCUSDT) continued to bump into one headwind after another in February. First, it was President Donald Trump's plans to raise tariffs, then came the hotter-than-expected inflation data, and then the $1.5 billion Bybit hack shook investor confidence in digital assets. In total, MSTR shares have lost nearly 30% this month. Still, there's more than one reason to hope for a swift recovery in MicroStrategy stock. Bitcoin Could Resume Its Upward Trajectory Macroeconomic concerns continued to weigh on Bitcoin, pushing its price down to a new low near $78,000 on Friday, Feb. 28. Still, a Standard Chartered analyst remains bullish as ever on the world's largest crypto. According to Geoffrey Kendrick, Bitcoin will eventually hit a $500,000 valuation as institutional capital continues to find its way into the digital asset. The analyst even downplayed the Bybit hack in his research note, adding the industry will be safer as it becomes 'more institutionalized.' Kendrick's forecast is immensely bullish for MicroStrategy stock as its valuation is tied to Bitcoin. Once the crypto king resumes its upward trajectory as he believes it will, the price of MSTR shares could pick up just as quickly as it declined in February. MicroStrategy Continues to Load Up on BTC Investors should note that a sizable correction in Bitcoin like the one that's currently unraveling has precedence as well. What follows after a massive pullback in the price of the world's largest cryptocurrency by market cap is usually a sharp move to the upside again. That's part of the reason why MicroStrategy itself continues to buy Bitcoin on the weakness. The Nasdaq-listed firm has spent nearly $2 billion buying more than 20,000 coins of the digital asset over the past two weeks. An eventual recovery in BTC, it's convinced, will drive MSTR shares up as well in the coming weeks and months. Analysts Remain Bullish as Ever on MSTR Shares Despite a terrible February, analysts remain bullish on MicroStrategy stock. The consensus rating on the Bitcoin proxy currently sits at 'Strong Buy' with the mean target of $540 indicating potential upside of well over 100% from current levels.