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10% Rebate: Bybit Card Introduces USDC Cashback

DUBAI, UAE, April 24, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, now offers cashback in both of the dominant USD-denominated stablecoins for Bybit Card holders. With the introduction of USDC cashback in addition to USDT, BTC, and ecosystem partner token AVAX, Bybit Card holders may now earn rewards in a cryptocurrency of their choice through daily spending. Starting Apr. 18, Bybit Card holders will be able to diversify their cashback earnings into USDC. Once approved, new users will receive a virtual card compatible with Apple Pay or Google Pay, and be invited to choose a default cashback option on the Card Rewards page after logging in. Depending on the cardholder’s VIP level, they may receive up to 10% or $150 in cashback for eligible spending. One of the most popular stablecoins worldwide, USDC is a game-changing financial innovation with standout features: Stable : Fully backed by cash and cash-equivalent assets, always redeemable 1:1 for USD. Frictionless : USDC can be moved across borders with instant finality at minimal cost. Open : Available 24/7, making it easy to send, spend, or save anytime. “The Bybit Card is about crafting an inclusive experience for our diverse customers. The introduction of the USDC cashback option is tailored for cardholders prioritizing stable returns, and we are looking to expand the range of rewards as the Bybit Card continues to grow,” said Joan Han, Head of the Payment Business Unit at Bybit. With more than 1.7 million cards issued globally, the Bybit Card offers a nimble solution for users to top up, spend, and earn yield and rewards, with their digital assets. Bybit Card holders are swipes away from their payment and spending needs with the virtual or physical card, accessible anywhere within the global Mastercard network. Key Features of the Bybit Card: Instant virtual card: users will get a versatile card instantly, compatible with Apple Pay and Google Pay. Crypto convenience : spending in crypto, and cash withdrawals from any ATM worldwide that supports Mastercard for added convenience with the physical card. No annual fees and up to 8% APY and 10% cashback Year-round perks: 100% rebates on selected partners, including Netflix and ChatGPT, plus air lounge access, early-bird access to Tomorrowland Brasil 2025, and seasonal benefits Multi-asset support : USDC, USDT, BTC, ETH, AVAX, and more. Restrictions apply. Users may find out more about the Bybit Card, regional rewards, and eligibility: Bybit Crypto Card: Your Ultimate Crypto Debit Card . #Bybit / #TheCryptoArk / #TheBybitCard 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 CoinTurk News

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TRUMP Defies Market Correction With Double-Digit Surge, BTC Falls by $2K (Market Watch)

Following a few consecutive days of charting gains and multi-week peaks, bitcoin’s price movements have finally reversed, and the asset has corrected by around two grand. Most altcoins have followed suit, aside from TRUMP, which exploded after it became known that the top 220 holders will have a special dinner with the US president. BTC Rally Halts The past week was quite sluggish for BTC, as the asset spent most of the time in a tight range between $83,000 and $86,000. All attempts for a breakout in either direction were halted in their tracks. The weekend was similar, with little to no actual price moves. The situation started to change on Monday morning when BTC finally broke above the upper boundary and jumped above $87,000. After a brief correction, it went on the offensive once again on Tuesday by surging past $90,000 for the first time since early March. The gains continued on Wednesday when bitcoin added another four grand and exceeded $94,000 to mark a new multi-week peak. However, after jumping by almost ten grand within a few days and $20,000 since the low on April 7 and 9, BTC, perhaps expectedly, started to lose some ground. As of now, the asset trades around $92,000 after losing just over two grand since the local peak. Its market cap has retraced to $1.825 trillion on CG, but its dominance over the alts is well above 61% on CG. BTCUSD. Source: TradingView TRUMP Shoots Up The biggest news in the cryptocurrency space yesterday came from the US president’s team as the Official Trump (TRUMP) website stated that the top 220 holders of the meme coin will attend a special dinner with the POTUS. Naturally, the asset’s price skyrocketed as investors rushed to buy it . On a daily scale, TRUMP is up by nearly 30% but it went even higher yesterday. In contrast, most other altcoins have turned red today. XRP, DOGE, HBAR, and PEPE lead the pack from the larger-cap alts, while IMX has lost the most value from the mid-caps. The total crypto market cap has lost around $80 billion since yesterday’s peak to under $2.970 trillion. Cryptocurrency Market Overview. Source: QuantifyCrypto The post TRUMP Defies Market Correction With Double-Digit Surge, BTC Falls by $2K (Market Watch) appeared first on CryptoPotato . CoinTurk News