Klein Funding and Bybit Partner to Launch a New Era of Crypto Prop Trading

LONDON, June 14, 2025 /PRNewswire/ — In 2024, Klein Funding became the first crypto-only prop firm to officially partner with Bybit, one of the world’s leading cryptocurrency exchanges. Far from a marketing move, this collaboration marked a structural shift in how crypto prop trading is approached: real tools, real markets, and a model centered on trader performance—not platform limitations.


Klein Funding

This wasn’t just a feature update. It redefined expectations across the prop firm landscape.

The partnership introduces something rare in the world of crypto prop firms—a system that gives traders:

  • Access to over 700 crypto pairs
  • Bybit’s institutional-grade liquidity
  • Lightning-fast execution with no lag or syncing issues
  • A clean, stable interface, powered directly by Bybit
  • All within a simulated capital environment

Designed for All Trading Styles

Whether trading breakout setups, scalping altcoin volatility, or managing structured longer-term positions, Klein’s system adapts to how users trade—not the other way around.

A New Model: Instant Pro, Full Access

At the center of this structure is the Instant Pro plan, built around three core freedoms:

  • No Consistency Rule
  • No Daily Drawdown
  • Once reaching 5% profit, traders are eligible for a reward

There are no multi-step evaluations, hidden conditions, or forced holding periods—just performance and direct reward.

What Sets Klein Funding Apart

Many prop firms promise flexibility. Few deliver it from the ground up.

Klein Funding didn’t retrofit flexibility into an outdated model. It built an entirely new structure designed around traders’ needs from day one. With performance-based rewards fully embedded into Bybit’s infrastructure, this isn’t just a trading platform—it’s an operating system for serious traders.

This level of integration doesn’t just improve the interface—it sharpens execution, edge, and the ability to grow.

Looking Ahead

This isn’t another funding plan or promotional push; it’s a complete rethink of the prop firm model—built to eliminate gatekeeping and give traders clarity, access, and control.

No synthetic rules. No drawdown traps.

Just a system built around real traders and real results.

Users can explore the Instant Pro model and apply at kleinfunding.com

 About Klein Funding

Klein Funding, is a crypto-only proprietary trading firm with a mission to democratize access to capital and advanced trading environments. Through smart partnerships like its latest collaboration with Bybit, Klein is helping build the most seamless and trader-first experience in the prop trading space.

Website: https://kleinfunding.com
X: https://x.com/KleinFunding
Instagram: https://www.instagram.com/kleinfunding/
Discord: https://discord.gg/wg2KJXSpTW
YouTube: https://www.youtube.com/@kleinfundingcrypto

Contact:
Klein Funding PR
Klein Funding
support@kleinfunding.com

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SOURCE Klein Funding

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BingX Launchpool to Introduce SG Coin (SGC) with Early Access Rewards

PANAMA CITY, June 13, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, is expanding its reach into the gaming ecosystem with the introduction of SG Coin (SGC) through its Launchpool. This Launchpool brings SG Coin to a broader market, marking an exciting leap forward for both BingX and blockchain-powered gaming. From June 13 to June 17, users can stake USDT or BTC in the Launchpool to earn SGC tokens ahead of their official spot trading debut.

BingX Launchpool to Introduce SG Coin (SGC) with Early Access Rewards

SG Coin (SGC) is the governance and utility token for KAI SANGOKUSHI TAISEN, a strategic card battle game developed by double jump.tokyo under license from SEGA CORPORATION. Based on the hit Sangokushi Taisen series with over 1 million players, the game lets users earn and spend SGC on card packs and marketplace trades. Produced by legendary arcade game creator Mr. Nishiyama and backed by major investors like SBI Group and SONY Group, the game is now launching its token via BingX Launchpool, giving users early access before its spot trading debut.

Through this Launchpool, BingX users can stake USDT or BTC in three different pools – USDT pool, BTC pool, and the new user pool — to earn SG Coin (SGC) before official spot trading.  BingX users who stake for at least 48 hours can unlock additional bonus rewards. And new users who join during the campaign period will also receive exclusive benefits. In addition, the Invite feature allows users to earn extra rewards by bringing friends into the campaign.

Vivien Lin, Chief Product Officer of BingX, shared her thoughts: “We are excited to introduce SG Coin through BingX Launchpool, a significant step in merging blockchain with gaming innovation. By offering early access to SG Coin, we are empowering our users to explore the future of Web3 gaming. This launch marks that we will roll out many more strategic initiatives aimed at bringing high-quality, blockchain-driven experiences to our platform.”

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

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KuCoin Announces Launch of Fully Regulated Cryptocurrency Exchange “KuCoin Thailand” to Public

BANGKOK, June 13, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has announced the launch of KuCoin Thailand, a licensed digital token and cryptocurrency exchange operating under the supervision of Thailand’s Securities and Exchange Commission (SEC). The platform is now officially open to all eligible users in Thailand after an initial invite-only phase.

This marks the first fully regulated local digital asset exchange under KuCoin’s brand—an important milestone in the company’s mission to build fast, secure, and user-friendly infrastructure for crypto users around the world. KuCoin’s recent SOC 2 Type II and ISO 27001 certifications further reinforce its commitment to the highest standards of security and regulatory compliance.

KuCoin Thailand leverages KuCoin’s world-class global technology, adapted to meet the needs and preferences of Thai users. With a focus on robust security, intuitive design, and a localized user experience, it sets a new benchmark for digital asset engagement in Southeast Asia. The platform also offers seamless Thai Baht fiat on-ramp and off-ramp solutions, making crypto access easier than ever.

“We are thrilled to see the official launch of KuCoin Thailand, a significant milestone in our global compliance journey. At KuCoin, compliance and user security have always been guiding principles — not just strategic choices, but steadfast commitments to our users.

From being the first global exchange to register with India’s FIU to now launching the first local compliant platform in Thailand, this marks a significant step toward strengthening our presence in the fast-growing markets of South East Asia, and more importantly, bringing secure, accessible crypto services to users where they are.” BC Wong, CEO of KuCoin comments.

Thailand continues to lead cryptocurrency adoption in Southeast Asia, supported by progressive regulations and strong government backing. In 2023, approximately 13 million Thais—about 18% of the population—were using cryptocurrency. Looking ahead, the government is preparing to enable tourists to spend crypto through credit card integrations, further advancing the country’s digital asset ecosystem.

The launch of KuCoin Thailand reflects KuCoin’s broader vision of making cryptocurrency accessible to everyone, everywhere—while remaining fully compliant with local regulations. All eligible Thai users can now visit www.kucoin.th to explore the platform’s offerings and start their crypto journey.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

Learn more: https://www.kucoin.com/

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XRP Price Prediction: More Downside Ahead?

Ripple’s native token XRP (CRYPTO:XRP) is facing renewed selling pressure, as bearish signals point to potential further losses. After hitting a 2025 peak of $2.65 in May, XRP has since dropped by roughly 15% to trade around $2.25. This shift in market sentiment has triggered concern among investors and analysts, fueling a more cautious XRP price prediction for the months ahead.

Global Tensions Weigh on Crypto Sentiment

Part of the recent decline stems from subdued market reactions to the latest developments in US-China trade relations. Despite progress in negotiations and a revised framework on tariffs, cryptocurrency markets failed to respond positively. Instead, uncertainty surrounding global liquidity and capital flows has contributed to weaker appetite for high-volatility assets like XRP.

The pessimism isn’t isolated to XRP alone—it reflects a broader cool-off in the crypto market, especially for tokens not directly tied to ongoing hype cycles in artificial intelligence or memecoins.

Ripple Eyes SWIFT’s Market Share

Despite near-term headwinds, Ripple continues to pursue long-term dominance in the cross-border payments space. At the XRP Ledger Apex 2025 summit, Ripple CEO Brad Garlinghouse outlined an ambitious goal: capturing up to 14% of SWIFT’s global liquidity within five years.

SWIFT, the legacy international payments network, controls much of the messaging and liquidity infrastructure for global banking. Ripple’s RippleNet—along with its On-Demand Liquidity (ODL) system powered by XRP—offers a faster, blockchain-based alternative. Major financial institutions like MoneyGram, Santander, and SBI Holdings are already testing or using ODL.

Still, integration into systems like SWIFT remains uncertain. SWIFT itself is preparing for its ISO 20022 upgrade in November, which may introduce its own blockchain tools—making Ripple more of a competitor than a partner.

Institutional Adoption Could Drive Long-Term Growth

In contrast to short-term market weakness, institutional interest in XRP remains strong. Singapore-based Trident Digital Tech Holdings (NASDAQ:TDTH) recently announced a $500 million XRP Treasury fund, marking a notable vote of confidence from the corporate sector.

The fund, advised by Chaince Securities LLC, plans to build long-term reserves of XRP while exploring staking strategies to generate yield. Trident’s CEO, Soon Huat Lim, said the move is part of a larger mission to show how public companies can responsibly engage with decentralized finance (DeFi).

Should regulatory approvals go smoothly, Trident expects to begin deploying the fund in the second half of 2025. This initiative could provide ongoing support to XRP’s price by removing supply from circulation and reinforcing its role in the institutional DeFi landscape.

Technical Outlook: Bearish Momentum Builds

From a technical analysis standpoint, the XRP price prediction is becoming increasingly cautious. The token is trading just below a key resistance area near $2.26—formed by the confluence of the 50-day Exponential Moving Average (EMA) and the previously broken support level. This suggests that any short-term rally could be capped unless XRP breaks through decisively.

A failure to hold current levels could trigger a deeper correction, with the next strong support found around the 200-day EMA at $2.09—roughly 7% below current prices. Meanwhile, the Relative Strength Index (RSI) has dipped below the 50 threshold, indicating growing bearish momentum.

On the positive side, the Moving Average Convergence Divergence (MACD) indicator still shows a buy signal, which could slow or reverse the decline if buyers step in. For bulls, reclaiming $2.34, $2.50, and ultimately $2.65 would be essential to resume an uptrend.

Conclusion: XRP Holds Long-Term Promise but Faces Near-Term Pressure

The current XRP price prediction reflects a delicate balance between bearish short-term momentum and bullish long-term fundamentals. Regulatory challenges, global macro uncertainty, and technical resistance are weighing on price action. However, Ripple’s growing institutional adoption and ambitions to rival SWIFT provide reasons for optimism.

Investors should brace for volatility but keep an eye on developments in both Ripple’s partnerships and global financial infrastructure. Whether XRP breaks higher or trends lower may depend as much on global politics as it does on blockchain innovation.

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How a US-China Trade Freeze Could Impact Crypto

As geopolitical tensions escalate, a US-China trade freeze—once unthinkable—is now within the realm of possibility. For investors, such a seismic economic shift could upend global markets and trigger ripple effects across every asset class, including cryptocurrency. While the Federal Reserve recently assured Congress it will not follow China’s path of banning crypto, digital assets could still face unprecedented tests under a full-scale freeze in US-China trade.

Bitcoin Could Emerge as a Modern Safe Haven

In periods of economic stress, investors traditionally flock to safe havens like gold. However, over the past decade, Bitcoin (CRYPTO:BTC) has increasingly served as “digital gold.” If a US-China trade freeze were to occur, faith in traditional financial institutions and fiat currencies could erode. This crisis of confidence might push both institutional and retail investors toward decentralized alternatives.

As a result, Bitcoin could experience significant demand growth—not just for speculative gains, but as a store of value detached from national borders and government policy.

US Dollar Pressure Could Boost Crypto Appeal

The US dollar currently functions as the world’s dominant reserve currency, supported by America’s trade leadership. But if trade with China collapsed, countries dependent on both economies might begin seeking alternatives to the greenback. That’s where digital currencies could shine.

Cryptocurrencies like Bitcoin, Ethereum (CRYPTO:ETH), and XRP (CRYPTO:XRP) offer borderless, decentralized means of exchange. XRP, in particular, is designed for fast, low-cost cross-border transactions and could gain favor among emerging-market nations looking for dollar alternatives.

In this context, a US-China trade freeze might accelerate the mainstream use of cryptocurrencies for international commerce and payments.

Emerging Markets May Embrace Crypto Faster

A breakdown in US-China relations would likely lead to global supply chain disruption, rising inflation, and economic instability—especially in developing countries. In these regions, where local currencies and banking systems are already fragile, crypto could become a lifeline.

Stablecoins such as USDC (CRYPTO:USDC) and USDT (CRYPTO:USDT) may see a surge in adoption as people seek to preserve value. Meanwhile, decentralized finance (DeFi) platforms could offer alternatives to traditional banking services, from loans to savings, in places where financial infrastructure is weak or inaccessible.

Governments May Tighten Crypto Regulations

Despite its advantages during economic turbulence, cryptocurrency is not immune to regulatory risk. A US-China trade freeze could trigger governments to act defensively, imposing strict controls to limit capital flight and ensure economic sovereignty.

Both the US and China have previously cracked down on crypto when it challenged monetary control. In a prolonged trade standoff, more aggressive regulations could emerge, targeting crypto transactions, exchanges, and private wallets. This would particularly affect coins used for anonymous or untraceable transfers, which could be viewed as potential threats to national security or tools for sanctions evasion.

Expect High Volatility in Crypto Markets

Although crypto could ultimately benefit from a US-China trade freeze, the short-term market response would likely be chaotic. Global financial markets tend to react to uncertainty with sharp sell-offs—and crypto is no exception. As liquidity dries up, even popular tokens like Bitcoin and Ethereum could see sudden price drops.

However, crypto markets have a history of rebounding from fear-driven downturns. Once the initial panic subsides, speculative investors might return with renewed interest, betting on digital assets playing a pivotal role in the post-trade-freeze financial order.

Final Thoughts: A Geopolitical Stress Test for Crypto

A US-China trade freeze would act as a stress test for global financial systems—including digital assets. While the initial impact on crypto could be turbulent, long-term outcomes may favor increased adoption and decentralization. From digital gold to stablecoins and DeFi, crypto’s utility during times of uncertainty may solidify its role in the next era of global finance.

For forward-thinking investors, monitoring geopolitical shifts like the potential US-China trade freeze is essential to understanding crypto’s evolving place in the world economy.

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