Bybit launches Crypto Surf: Copy Traders and Bots Battle for 250K USDT

DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.

Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.

Prize Pool Distribution Highlights:

  • 40% to the champion squad
  • 30% to the runner-up 
  • 25% to the top 100 individual traders by volume
  • 5% to users who correctly predict the winning squad

The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.

Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.

The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.

Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 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.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Bybit kicks off 555% APR boost and airdrop for new deposit users

DUBAI, UAE, April 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is welcoming new users with a high-yield opportunity – offering up to 555 percent APR on USDT and a 5 USDT airdrop as part of a limited-time promotion.


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This campaign runs until June 30, 2025, and is open to first-time users who complete level 1 identity verification. To join, users need to deposit at least 100 USDT using a credit or debit card through one-click buy, fiat deposit or their preferred P2P payment method. Once eligible, they can stake between 100 and 300 USDT in a two-day fixed savings plan to earn extra rewards—and receive a 5 USDT airdrop once it’s complete.

“This offer reflects our commitment to building a rewarding, easy-to-access onboarding experience for new users,” said Mazurka Zeng, Head of Fiat at Bybit. “We’re giving people the tools to grow their assets from day one — and a taste of what’s possible through our ecosystem.”

Spots are limited and the offer is restricted to one subscription per eligible user. 

It is worth noting that Bybit’s Savings product suite offers both flexible and fixed-term options tailored to a variety of investment goals. Fixed-term plans, like the one featured in this promotion, are designed to offer expected returns over a set period, while flexible options allow users to earn daily yields with the freedom to withdraw their funds at any time.

The platform also supports features such as Auto-Savings and seamless access through both the Unified Trading and Funding Accounts, giving users greater control over how they manage and grow their assets. All participants must complete level 1 identity verification, underscoring Bybit’s commitment to security, transparency and regulatory compliance.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 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.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com 

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@bybit.com 

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SOURCE Bybit

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Crypto Markets Open 24/7: No Holiday Pause

As traditional stock markets in the U.S. and Europe close their doors for Good Friday on April 18, the crypto markets remain open 24/7, highlighting one of the key advantages of digital asset trading. While exchanges like the New York Stock Exchange and the London Stock Exchange observe public holidays, cryptocurrencies such as Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) continue trading around the clock—without exception.

This uninterrupted trading access has become a defining feature of the crypto economy, providing investors with continuous flexibility, instant liquidity, and the ability to respond to real-time global events even when traditional markets are paused.

Why Crypto Markets Stay Open 24/7

The crypto markets’ 24/7 accessibility is made possible by blockchain technology, which is decentralized and doesn’t rely on a central authority to function. Unlike stock markets that operate during set trading hours and close on weekends and holidays, crypto assets are powered by networks of global computers running nonstop.

This infrastructure allows crypto exchanges like Coinbase (NASDAQ:COIN) and Binance to facilitate trades at any time—day or night—regardless of local business hours. For many investors, this round-the-clock operation is more aligned with today’s fast-moving global economy.

Benefits of 24/7 Crypto Markets

The ability to trade anytime gives crypto investors several advantages:

  • Real-time market reactions: Crypto traders can instantly respond to breaking news, earnings announcements, or geopolitical events—even outside regular trading hours. 
  • Inflation hedging: In times of economic uncertainty, like during recent inflationary cycles or the ongoing U.S.-China tariff tensions, crypto offers a way to reallocate capital quickly. 
  • Global access: With no centralized closing bell, investors from any country can participate without being restricted by time zones or holiday schedules. 

For example, when traditional markets are closed for Good Friday, traders may still adjust their positions in Bitcoin (CRYPTO:BTC) or Solana (CRYPTO:SOL), reacting to global developments without missing a beat.

Crypto’s Appeal During Market Closures

Market closures like Good Friday offer a stark reminder of how different the traditional and crypto worlds operate. On holidays, while major indices like the NASDAQ Composite (NASDAQ:IXIC) and the S&P 500 (INDEXSP:.INX) remain static, the crypto markets keep moving, often becoming more volatile due to lighter trading volumes and higher retail activity.

For active traders, this presents unique opportunities. Price swings during holidays can lead to profitable trades or strategic entries and exits that wouldn’t be possible in the stock market until after the holiday.

Additionally, for long-term investors, the open nature of crypto means they can rebalance portfolios or initiate positions at their convenience—not just during preset hours.

Risks of 24/7 Crypto Trading

While crypto markets open 24/7 provide unmatched flexibility, this constant access comes with risks. The lack of downtime can lead to investor burnout, and round-the-clock volatility may trigger emotional trading decisions. Furthermore, scams and hacks can happen at any time, making it crucial for traders to use secure platforms and follow best practices for protecting digital assets.

Still, for those who understand the landscape and manage their risk, the benefits often outweigh the downsides.

A Glimpse Into the Financial Future

The idea of financial markets that never sleep may seem futuristic, but it’s already a reality in the crypto world. The model of crypto markets open 24/7 reflects the growing demand for seamless, borderless financial participation.

As traditional finance continues to evolve, it’s possible we’ll see greater integration between these two worlds. Until then, cryptocurrency offers a unique advantage: staying open when others close—offering global financial opportunities, even on holidays.

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Barry Silbert Crypto Views: Only a Few Coins Will Survive

In a candid interview on The Journeyman podcast with financial strategist Raoul Pal, Barry Silbert—the founder of Digital Currency Group—delivered a jarring assessment of the crypto industry. According to Silbert, 99.9% of cryptocurrency tokens are worthless, offering no real value to the ecosystem. His statement sent shockwaves through the crypto world, igniting fresh debate on which digital assets truly have staying power.

These Barry Silbert crypto views carry weight. As one of the earliest institutional investors in Bitcoin, his voice resonates across the blockchain industry. Silbert, who began investing in Bitcoin (CRYPTO:BTC) when it was trading at just $7 back in 2011, has witnessed every stage of the crypto market’s evolution—from fringe tech experiment to trillion-dollar asset class.

Most Crypto Tokens Are Doomed, Says Barry Silbert

Silbert explained that, despite his fascination with the innovation in the space, he has become increasingly skeptical of new tokens. “I’ve always been intellectually curious about everything else that’s coming out of our space. But for the most part, 99.9% of crypto tokens that are out there have no reason to exist and are worthless,” he said.

His crypto investment philosophy has shifted over time. Initially, he was drawn to Bitcoin for its disruptive potential. But after experiencing several boom-and-bust cycles, Silbert began focusing on investing in the infrastructure surrounding Bitcoin and blockchain tech rather than individual coins.

“Had I just held on to the Bitcoin, I actually would have done better than making those investments,” Silbert admitted. Still, his perspective offers a warning: the majority of tokens being hyped today may fade into obscurity.

Privacy Coins Still Catch Barry Silbert’s Eye

While Barry Silbert remains pessimistic about most of the crypto market, he’s still bullish on privacy-focused digital currencies like Zcash (CRYPTO:ZEC). These coins have lost significant ground over the past few years, but Silbert believes they fill a vital niche. “People are going to realize financial privacy is important to them. There’s a version of Bitcoin that’s private,” he noted, referring to Zcash and other similar projects.

This view aligns with the broader concerns about digital surveillance and the potential for overreach by governments and corporations. In Silbert’s eyes, privacy coins may still have a role in the decentralized future, even if the broader market continues to shrink.

Lessons from Silbert’s Crypto Journey

Barry Silbert’s early journey with Bitcoin is a textbook lesson in market psychology. At one point, he believed he had made a brilliant investment, only to later worry it was a mistake after the price plunged. Yet, as the asset recovered and soared to new highs, he doubled down—not just on Bitcoin, but on companies building around it.

His takeaway? Sometimes, the simplest investment is the most profitable one. While Silbert backed companies like Ripple and others building crypto infrastructure, he confessed that simply holding Bitcoin would’ve yielded higher returns.

It’s a rare moment of transparency from one of the crypto space’s most influential figures and reinforces his broader message: focus on the few strong players, and ignore the noise.

The Future of Crypto Through Silbert’s Lens

Barry Silbert’s crypto views offer a stark reality check in a market flooded with new tokens and speculative hype. He believes that most of today’s cryptocurrencies will not stand the test of time—and history may prove him right. However, his optimism about Bitcoin and select privacy coins shows that there’s still meaningful innovation and value in the space—just not where many expect to find it.

For investors navigating the volatile crypto market, Silbert’s insights are a reminder to look beyond hype and evaluate digital assets with a critical eye. While 99.9% of tokens may be worthless, the remaining 0.1% could define the future of finance.

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HTX Completes Fireblocks Off-Exchange Integration, Advancing Institutional Trading Security and Efficiency

SINGAPORE, April 16, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has successfully integrated and launched Fireblocks Off-Exchange, a next-generation solution for institutional trading.

“This integration represents a strategic expansion of HTX’s institutional offerings,” said Justin Sun, Advisor to HTX. “Fireblocks’ state-of-the-art technology enhances our platform’s security infrastructure while streamlining institutional operations within a compliant framework. Looking ahead, we remain committed to delivering cutting-edge solutions that make HTX the preferred gateway for institutions entering the digital asset market.”

This milestone reinforces HTX’s commitment to delivering a secure, compliant, and seamless trading environment for its global institutional clientele.

Fireblocks Off-Exchange: Revolutionizing Institutional Asset Security

Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, while simultaneously receiving 1:1 credit on the exchange. This dramatically reduces counterparty risk while maintaining the speed and capital efficiency of centralized trading.

The solution facilitates rapid, low-cost settlement across platforms, ensuring assets remain under institutional-grade security throughout the trade lifecycle. A robust disaster recovery mechanism guarantees recoverability of funds even under extreme conditions, enabling institutional clients to retain control over private keys while accessing deep exchange liquidity.

HTX: Reinforcing Institutional Confidence in the Crypto Market

By deploying Fireblocks Off-Exchange, HTX strengthens its platform’s regulatory posture and operational resilience—critical factors in today’s evolving digital asset landscape. The integration aligns with HTX’s broader mission to advance institutional participation through enhanced asset protection and compliance infrastructure.

Since the launch, HTX has onboarded numerous institutional clients and recorded a 200% increase in trading volume, validating market demand for secure off-exchange settlement models.

A Step Toward the Future of Compliant Institutional Trading

As the crypto industry continues to mature, HTX remains committed to innovation in asset protection, regulatory alignment, and institutional services. The Fireblocks Off-Exchange integration marks another key milestone in HTX’s journey to provide a best-in-class, compliant trading experience tailored to institutional needs—positioning the exchange as a global leader in secure digital asset trading.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

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