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Bitget’s $BGB Token Soars To New Heights, Cracks Top 20 Cryptocurrency Ranking

In a remarkable display of growth, Bitget’s native token $BGB has catapulted to the 19th spot in the cryptocurrency rankings, boasting a circulating market value of $10 billion and a fully diluted valuation (FDV) of $14.3 billion. This surge is largely attributed to Bitget’s strategic expansion of $BGB’s utilities within its ecosystem. $BGB Hits Historic $7 Price Mark According to recent data, $BGB’s price has skyrocketed, touching 7 USDT and registering a 24% increase in 24 hours and a staggering 349% growth over the past month. This upward trajectory has set a new record for the token. Notably, $BGB’s trading volume has even surpassed that of BNB, a testament to its burgeoning popularity. Bitget announced the merger of BWB (Bitget wallet token) and BGB. After the merger, BGB will become the unified ecosystem token for both Bitget and Bitget Wallet. The price of BGB has skyrocketed recently, and its trading volume even exceeds that of BNB. https://t.co/thUR2pIBI7 — Wu Blockchain (@WuBlockchain) December 26, 2024 In a significant development, Bitget announced the merger of BWB (Bitget Wallet Token) and $BGB. Following this integration, $BGB will emerge as the unified ecosystem token for both Bitget and Bitget Wallet, further solidifying its position within the cryptocurrency landscape. As $BGB continues to gain momentum, investors and traders are keeping a close eye on its future prospects. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news! Image Source: cooldesign/ 123RF TipRanks

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Tether Faces Potential Ban in Europe Under MiCA Regulations

Tether (USDT), the world’s largest stablecoin, may disappear from European exchanges by December 30, 2024, as it struggles to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The framework aims to protect investors and regulate the crypto market, but Tether’s failure to meet compliance deadlines has raised concerns among investors and market analysts. … Continue reading "Tether Faces Potential Ban in Europe Under MiCA Regulations" The post Tether Faces Potential Ban in Europe Under MiCA Regulations appeared first on Cryptoknowmics-Crypto News and Media Platform . TipRanks