Latest news with #TheCryptoArk
Cision Canada
4 days ago
- Business
- Cision Canada
Bybit Launches "Fiat-to-Crypto Weekly Frenzy" with 20,000 USDT Weekly Prize Pool for New Users
DUBAI, UAE, July 15, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announces the launch of its exclusive Fiat-to-Crypto Weekly Frenzy, a promotional event designed to welcome and reward new users exploring the crypto ecosystem. Running now until September 30, 2025, the campaign offers participants the chance to win a share of 20,000 USDT every week by completing simple trading and deposit tasks. Bybit's Peer-to-Peer (P2P) platform enables users to access over 300 cryptocurrencies using their local fiat currency, delivering fast, secure, and hassle-free transactions. From leading digital assets such as USDT, BTC, and ETH, to trending altcoins like DOGE and LAYER, Bybit P2P is designed to make crypto accessible to a wider global audience. How the Event Works: Sign Up and Verify: New users register for a Bybit account and complete identity verification. Complete Tasks: Participants visit the Rewards Hub to complete simple deposit and spot trading activities, earning bonuses and lucky draw tickets. Join Weekly Draws: Each ticket serves as an entry for a chance to win a share of the weekly 20,000 USDT prize pool. The goal of the Fiat-to-Crypto Weekly Frenzy is to create an exciting and rewarding experience for users who are new to the crypto space. Bybit explains that Bybit P2P simplifies the process of converting fiat to crypto and provides valuable incentives, encouraging users to explore digital assets safely and efficiently. For more information or to register for the event, users may visit the Fiat-to-Crypto Weekly Frenzy event page. #Bybit / #TheCryptoArk 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
Business Insider
5 days ago
- Business
- Business Insider
Bybit & Block Scholes Report: BTC Options Flipped Put-Call Skew After ATH
Dubai, United Arab Emirates, July 14th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report with Block Scholes, outlining BTC's solid price action in the previous week with positive movements all around from ETH to altcoins. Key Insights: Price Surge Uplifted Option Interest and Funding Rates: Perpetual trading volume on Bybit hit a monthly high at $11.1B by the end of the week after a lackluster July thus far, following BTC's breakthrough to $115k on July 9. Following weeks of fluctuation, overall funding rates for assets, including BTC, turned consistently positive, with BTC suffering only 8 hours of negative funding rates a day before its ATH over Trump's tariff remarks. BTC Options Reversed Course: BTC's options market sentiment underwent a dramatic reversal at the price surge on July 9th, with put-call skew flipping from a 2% premium favoring downside protection to a 5% premium on upside calls, indicating traders are increasingly positioning for further BTC price appreciation despite the asset's already substantial gains. Source: Bybit and Block Scholes Altcoins Outperformed BTC: Notably, altcoins demonstrated competitive gains against BTC, with ETH and XRP each surging over 6% compared to BTC's relatively modest gains to its new ATH of $112K—just $29 above the May peak. While BTC options maintained rangebound implied volatility between 26-35%, the altcoin rally highlighted shifting market dynamics, though SOL lagged with only a 2% weekly gain despite strong ecosystem fundamentals, including record-breaking Q2 revenue of $271M that outpaced all other Layer 1 and Layer 2 networks. For detailed insights, readers may download the full report. #Bybit / #TheCryptoArk / #BybitLearn 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 Contact Head of PR Tony Au Bybit
Business Insider
07-07-2025
- Business
- Business Insider
Bybit Launches BybitGeorgia.ge, Bringing Localized Crypto Services and Rewards to Georgian Users
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has officially launched a dedicated platform for users in Georgia, following its successful expansion into the European Union earlier this year. Bybit has become the first and only global crypto leader to operate in Georgia with a full local license, offering users a secure, regulated environment for digital asset trading. 'We are thrilled to officially launch Bybit in Georgia as the first global leader in the crypto industry to establish a fully licensed presence in the country,' said Tekla Iashagashvili, Country Manager of Bybit Georgia. 'This milestone not only underscores our commitment to delivering world-class crypto services, security, and infrastructure, but also reflects Bybit's broader mission to expand access to digital assets worldwide. We're excited to support Georgia's dynamic digital economy and to contribute to the global growth of the crypto community.' Through the new platform, Georgian users gain access to services including spot trading, asset conversion, and over-the-counter (OTC) trading for high-volume transactions. Bybit Georgia is working on launching additional localized features, such as fiat deposit, withdrawal services, and the Bybit Card, enabling users to spend digital assets in everyday transactions. To celebrate the launch, Bybit Georgia is introducing a limited-time Launch Campaign running from July 7 through August 7. New users who register and complete identity verification can earn up to 65 USDT in rewards for completing deposit and trading tasks. These rewards can be combined with Bybit's standard New User Welcome Gifts of up to 50 USDT, bringing the total potential bonus for new users to 115 USDT. The campaign offers a total reward pool of up to 20 000 USDT, distributed on a first-come, first-served basis. Eligible users will receive rewards within 10 business days after the promotion ends, provided they meet all requirements and have not engaged in any prohibited or abusive activities. Full terms and conditions, including country eligibility, are available on the Bybit Georgia website. Users registered via Bybit's official Georgian website can earn airdrops and trading fee commissions by inviting friends to join the platform through a unique referral link or code. Rewards include 10 USDT for deposits of at least $100 within seven days, up to a Mystery Box worth up to $1,000 for higher trading volumes, and commission rates from 20% to 30% based on the number of referrals. Commissions, calculated from referees' net trading fees, are distributed daily. Bybit's expansion into Georgia underscores its commitment to bringing regulated, innovative crypto services to new markets while helping users participate safely and confidently in the growing digital asset economy. For more information or to get started, users may visit #Bybit #TheCryptoArk #BybitGeorgia #CryptoInGeorgia 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 For more details about Bybit, please visit Bybit Press Contact Bybit
Business Insider
04-07-2025
- Business
- Business Insider
Bybit & Block Scholes Report: Crypto Reacted to US-Vietnam Trade Deal; BTC Brushed $110k
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report with Block Scholes, capturing key movements in the crypto markets last week, including the breakout moment on July 2, driven by a tariff truce between the U.S. and Vietnam. BTC climbed above the $110,000 threshold while ETH pushed past $2,500, leading to heightened short-term volatility expectations as BTC's weekly implied volatility briefly surged. The derivatives landscape revealed interesting anomalies, including unexpectedly negative SOL perpetual funding rates despite recent ETF launch approvals and a persistent pattern where ETH options maintained roughly double the implied volatility levels of BTC equivalents throughout both the upward move and any retracements. Key Insights: BTC options volatility dipped to a 2-year low: BTC options markets experienced an unusual quiet period last week, with 7-day implied volatility dropping to just 26% on June 27 - the lowest level since mid-2023 at the $30,000 mark. This breakdown below the typical support levels was quickly reversed by the rally on July 2, which pushed volatility back up to 35% amid broader market optimism following the US-Vietnam trade agreement. ETH volatility indicated further upside: ETH significantly outperformed BTC during the July 1-2 period, climbing from $2,400 to over $2,500 before surging another 6% on trade deal news. This price action drove ETH's 7-day at-the-money implied volatility up by a 10-point daily increase. Throughout this period, ETH options consistently maintained roughly double the implied volatility of comparable BTC. ETH options skew shifted bullishly: The volatility term structure for the power duo of ETH and BTC remained relatively balanced through most of the week due to limited price movement. ETH displayed a more dramatic shift than BTC, with 7-day options now pricing in a 1.3% premium for out-of-the-money calls, completely reversing from the previous day's -1.9% put skew. For detailed insights, readers may download the full report. #Bybit / #TheCryptoArk / #BybitLearn 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 Contact Head of PR Bybit
Int'l Business Times
27-06-2025
- Business
- Int'l Business Times
Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards
Dubai, UAE, June 27th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience. With just a few clicks, users can now purchase USDT, BTC, ETH, and more directly with their credit cards, while benefiting from real-time currency conversion and cashback of up to 10 USDT. To further sweeten the deal, new users making their first transaction in a newly accepted currency will also receive an additional 5 USDT bonus, stackable with the cashback reward. The supported local currencies include: PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU. This initiative shows Bybit's goal to make crypto accessible everywhere. By making it easier to convert local currencies into crypto, more people can join the Web3 space with ease and confidence. To participate, users simply need to visit the 'One-Click Buy' page on Bybit's platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification. Users should note that this offer is not available to customers in the European Economic Area. Full terms and conditions apply. #Bybit / #TheCryptoArk 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 For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@ For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube Contact Head of PR Tony Au Bybit media@
