Bybit , the world’s second-largest cryptocurrency exchange by trading volume, proudly marks its 6th anniversary , celebrating a journey of innovation, resilience, and growth that has redefined the cryptocurrency landscape. Bybit’s meteoric rise in the cryptocurrency world is reflected in its remarkable achievements. Over the past year, Bybit’s registered user base has tripled from 20 million during its 5th anniversary to nearly 60 million as it celebrates its 6th anniversary, a testament to the platform’s ability to attract and retain a rapidly growing global audience. Bybit now averages $33 billion in daily trading volume over the past quarter, , with an all-time-high trading volume of $100 billion recorded in August 2024. This growth has catapulted Bybit to the second spot in spot market share, rising from 7th place last year with 3.2% to 8.51% in 2024. Bybit has also seen significant progress in the derivatives market, increasing its share from 6% to 15% , a testament to its robust offerings and strategic advancements. Reflecting on Bybit’s incredible transformational journey, Ben Zhou, Co-founder and CEO of Bybit, remarked: “Bybit’s journey is a story of transformation. Over the past six years, we have not only achieved milestones but also reimagined what’s possible in the crypto industry. At Bybit, we’re driven by a commitment to innovation, trust, and inclusivity, shaping the future of Web3 and empowering millions to participate in the digital economy. Together, we’re building a world where opportunities are limitless.” Innovation as a Transformational Driving Force Innovation has been a cornerstone of Bybit’s success. The platform has introduced transformative products like bbSOL , the first exchange-backed LST token on its Web3 staking platform, and DEX Pro , an advanced decentralized trading solution that bridges the gap between centralized and decentralized exchanges. These developments were showcased during the 2024 WSOT DEX Wave , which highlighted Bybit’s ability to integrate CEX and DEX platforms seamlessly. Trailblazing the Web3 Ecosystem Bybit’s leadership in the Web3 ecosystem is further evident in its growing market share within the TON ecosystem, which increased from 3% at the start of 2023 to 17% in late 2024.The exchange has also strengthened its presence in the Web3 space, with its share of the TON ecosystem soaring from 3% in early 2023 to 17% in late 2024. This remarkable growth underscores Bybit’s commitment to delivering state-of-the-art solutions tailored to an evolving crypto landscape. Earlier this year, Bybit became the first exchange to complete the Catizen ($CATI) tokens through an airdrop, part of the Telegram-based tap-to-earn game Catizen. Bybit’s ability to handle complex airdrop operations demonstrates its technical infrastructure’s strength and commitment to advancing Web3 opportunities. Global Compliance and Community Commitment Bybit’s compliance-first approach has been pivotal in securing licenses across major jurisdictions, including Argentina, the Netherlands, Kazakhstan, Georgia, Lithuania, Turkey, Dubai and among others. Demonstrating its dedication to inclusivity and innovation, Bybit became the first global crypto exchange to introduce Sharia-compliant islamic accounts , making its services accessible to a broader range of communities. These initiatives foster stronger connections and reflect Bybit’s mission to create a trusted and vibrant web3 ecosystem for the global users. Bybit continues to strengthen its commitment to fostering a vibrant and engaged blockchain community. In 2024, the company made notable strides by actively contributing to the Blockchain for Good Alliance (BGA) , onboarding over 100 partners, and attracting more than 1,000 participants to its latest hackathon. To celebrate exceptional achievements, the BGA Web3 Oscar Awards were recently held in Bangkok, recognizing seven projects that exemplify the alliance’s mission to harness blockchain technology for a sustainable future. Additionally, Bybit’s Crypto Content Creator Campus 2024 brought together over 200 creators, with Bybit, as the title sponsor, playing a crucial role in empowering the next wave of crypto content innovators. As Bybit celebrates its 6th anniversary, it remains steadfast in its mission to “Build, Transform, and Supercharge” the crypto and Web3 ecosystem. Bybit’s journey of innovation and trust promises a bold future as it continues to lead the charge in shaping the digital economy. #Bybit / #Super6Bybit About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For more information, please visit: https://www.bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Don’t Miss Out, Join Now: Best 7 Cryptos to Buy This Month with 100x Potential
The crypto market in December 2024 is firing on all cylinders, with altcoins grabbing the limelight as investors look for the next big opportunity. While major players like Bitcoin and Ethereum often dominate headlines, savvy traders know that the real gains lie in discovering the best cryptos to buy in December 2024 before they skyrocket. One coin leading the charge is Qubetics ( $TICS ), a project that’s pushing boundaries with practical, real-world applications. But it’s not the only one. Let’s dive into seven altcoins with the potential to deliver massive returns this month. 1. Qubetics ($TICS): A Web3 Pioneer Reshaping Privacy and Data Security Qubetics is more than just a cryptocurrency—it’s a solution for modern digital challenges. Its Decentralised VPN (dVPN) is a lifeline for people and businesses grappling with privacy concerns in an age of increasing cyber threats. Traditional VPNs rely on centralised servers, leaving users exposed to hacking, surveillance, and censorship. Qubetics changes the game by decentralising the entire process. Imagine you’re a financial advisor working remotely. You’re dealing with sensitive client data, from tax returns to investment portfolios. Using Qubetics’ dVPN, you can encrypt your online activity and prevent prying eyes from gaining access to this critical information. For businesses in healthcare, law, or even retail, Qubetics offers unparalleled security, fostering trust and compliance in a data-driven world. Currently in Presale Phase 11, Qubetics tokens are priced at $0.0282. The project has raised over $4.3 million, with more than 6,200 holders and 266 million tokens sold. With weekly 10% price hikes, now is the time to act. Analysts predict a post-presale value of $0.25, offering a potential 900% ROI. A $500 investment today buys you 17,730 $TICS, which could turn into $4,432 if the price hits $0.25. Why did this coin make it to this list? Qubetics addresses the critical issue of online privacy with innovative, practical solutions that appeal to individuals and businesses alike. 2. Solana (SOL): The Blockchain Built for Speed Solana is setting a high bar for blockchain technology with its lightning-fast transaction speeds and low fees. Trading at $235.97, it’s become a favourite for developers building decentralised finance (DeFi) applications, NFT marketplaces, and Web3 projects. Let’s say you’re an artist selling your first NFT collection. Solana’s efficient network allows you to mint and sell NFTs without the high fees and congestion issues associated with other blockchains. As a result, creators can focus on growing their community rather than stressing over transaction costs. Analysts predict Solana could hit $378 by 2025, making it an attractive option for long-term investors. A $500 investment today would get you 2.12 SOL, which could grow to $801 if these predictions hold true. Why did this coin make it to this list? Solana’s combination of speed, low costs, and developer adoption make it a standout in the altcoin market. 3. Avalanche (AVAX): The Scalable Smart Contract Platform Avalanche is making waves as one of the most scalable and eco-friendly platforms for smart contracts. Trading at $47.82, AVAX is gaining traction among developers who value its high throughput and low latency. Imagine you’re running a blockchain-based game with thousands of active users. Avalanche ensures that every transaction is processed quickly and without network slowdowns, creating a seamless experience for players. This scalability makes it an ideal choice for DeFi projects, gaming platforms, and enterprise applications. Analysts forecast Avalanche could reach $80 by 2025, offering strong returns for early adopters. A $500 investment today would buy you 10.46 AVAX, which could grow to $837 if the price reaches its target. Why did this coin make it to this list? Avalanche’s focus on scalability and user-friendly features makes it a key contender for long-term growth. 4. Ripple (XRP): The Cross-Border Payment Disruptor Ripple is leading the charge in transforming how cross-border payments are handled. Trading at $2.63, XRP offers a fast, affordable alternative to traditional banking systems, making it a top pick for businesses managing international transactions. Picture yourself as the CFO of a multinational company. Ripple allows you to settle transactions in seconds without incurring the high fees associated with wire transfers or currency exchanges. With growing adoption and regulatory clarity on the horizon, Ripple is well-positioned to capitalise on its early successes. Analysts predict XRP could hit $5 within the next few years. A $500 investment today would get you approximately 190 XRP, which could double to $950 at that target price. Why did this coin make it to this list? Ripple’s proven use case and increasing adoption make it a reliable option for investors. 5. Chainlink (LINK): The Bridge Between Blockchains and Real-World Data Chainlink is a crucial part of the blockchain ecosystem, connecting smart contracts to real-world data through its oracle network. Trading at $15.45, LINK is the backbone of countless decentralised applications across industries like finance, insurance, and supply chain. Imagine you’re running a weather-based insurance platform. Chainlink ensures accurate, tamper-proof data feeds to automate payouts for farmers affected by natural disasters. Its growing number of partnerships makes it an indispensable part of the Web3 infrastructure. Analysts predict LINK could rise to $30 in the next year. A $500 investment today would buy you 32.37 LINK, which could grow to $971 if its price doubles. Why did this coin make it to this list? Chainlink’s unique utility and expanding adoption make it a vital player in the blockchain space. 6. Cardano (ADA): The Eco-Friendly Blockchain Cardano is an eco-conscious blockchain that combines scalability, security, and sustainability. Trading at $0.45, it’s building a reputation as a developer-friendly platform for decentralised applications. Imagine launching a crowdfunding platform where transparency and trust are key. Cardano’s secure and traceable transactions make it the ideal choice for socially conscious projects. With continuous upgrades and a growing ecosystem, Cardano is set for long-term success. Analysts forecast ADA could reach $1.50 by 2025. A $500 investment now would buy you 1,111 ADA, which could grow to $1,667 if these predictions come true. Why did this coin make it to this list? Cardano’s focus on sustainability and its expanding use cases make it a strong long-term investment. 7. Polkadot (DOT): The Multi-Chain Innovator Polkadot is revolutionising blockchain interoperability with its multi-chain architecture. Trading at $45.23, DOT allows developers to build cross-chain applications that can communicate seamlessly. Think about a DeFi app that needs to interact with multiple blockchains for liquidity. Polkadot makes this possible, opening up new avenues for innovation and scalability. Its unique approach has already attracted a vibrant developer community. Analysts predict Polkadot could rise to $70 by 2025. A $500 investment today would buy you 11.05 DOT, which could grow to $773 if the price hits its target. Why did this coin make it to this list? Polkadot’s interoperability and developer appeal make it a standout project in the altcoin space. Time to Catch the Next Big Crypto Wave If you’re searching for the best cryptos to buy in December 2024 , these altcoins should be at the top of your list. From Qubetics’ game-changing dVPN to Solana’s unmatched speed and Ripple’s payment revolution, these projects are built to last. With Avalanche, Chainlink, Cardano, and Polkadot rounding out the list, your portfolio will be ready for the future of blockchain innovation. Don’t wait too long. Coins like Qubetics are seeing weekly price hikes, and opportunities like these don’t stick around. Take action now and position yourself for long-term gains. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Bitcoin World
Crypto Boom Ahead? Trump’s SEC Chair Pick Points to New Era for Digital Assets
Donald Trump has nominated pro-crypto Paul Atkins as SEC chair, signaling a strong shift toward innovation-friendly policies and a transformative era for digital assets. Crypto-Friendly Policies in the Works? Trump’s SEC Pick Signals Major Shift U.S. President-elect Donald Trump announced Wednesday on his social media platform, Truth Social, the nomination of Paul Atkins as chairman Bitcoin World