Latest news with #TheCryptoArk
Cision Canada
09-06-2025
- Business
- Cision Canada
Bybit Private Wealth Management's Top Performing Fund Delivered 12.66% APR in May
In the month of May 2025, Bybit PWM amassed over $150 million worth of assets under management (AUM), with client subscriptions up by 77%, the update revealed. Targeting the crowded space of high-net-worth clients and professional investors, the note-worthy monthly gains in volume and subscriptions to the service demonstrate Bybit PWM's unique value-generation strategy, specializing in highly customized wealth solutions and curated private funds. The May newsletter also highlighted fund performance and strategic analysis. The best-performing fund delivered 12.66% APR in May, with positive returns across all fund selections. With over $150 million under management, Bybit PWM's USDT strategy dominated 69% of the total AUM. Benchmarked against BTC strategy and options-linked strategy, the USDT strategy leads the pack with 8.41% average returns over a 30-day period. "The demand for bespoke solutions has been on the rise, and May proved to be a record-breaking month in client subscriptions," said Jerry Li, Head of Financial Products & Wealth Management at Bybit. "Bybit PWM combines deep analysis, technical expertise, and agility to deliver returns—for example, extracting value through execution of USDT funding rate strategies." Launched in December 2024, Bybit PWM offers an alternative for wealth builders who value strategy over tactics, helping them build portfolios that can stand the test of time. Crafted and tracked by a team of experts with extensive experience in asset management, risk management, and crypto and blockchain expertise, Bybit PWM products are designed to help customers lock in value while navigating the fast-moving world of digital assets. For details of Bybit PWM's May performance, users may visit: Bybit Private Wealth Management: May 2025 Newsletter #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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
Malaysian Reserve
06-06-2025
- Business
- Malaysian Reserve
Bybit Card Exclusive: Up to $150 Cashback for Hassle-Free Crypto Spending
DUBAI, UAE, June 6, 2025 /PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, continues its advance in the crypto payment space with a limited-time campaign for the Bybit Card. Exclusive to new global users of Bybit Card, the new promotion unlocks 10% cashback in its new phase of global expansion. The evolving payment solution eliminates traditional boundaries between digital assets and real-world transactions across markets. Championing crypto freedom, the Bybit Card elevates global convenience and access to premium events and partnerships for the crypto community wherever they are headed. Since celebrating its second anniversary at Bybit's Dubai headquarters, the Bybit Card has unlocked for its users exclusive benefits at the Grand Millennium Hotel in Dubai, and subscription perks for selected AI tools and streaming services. 30-Day Incentive: All Spending Categories Accepted Eligible for global users with more international markets unlocked, the new cashback scheme potentially offers new users an extra $150 in rewards in three simple steps: Applying for a Bybit Card subject to verification and approval Making a first-time deposit equivalent to $100 in value Spending on eligible crypto transactions with the new Bybit Card in the next 30 days for 10% cashback on all eligible transactions Existing Bybit users may also enjoy the same cashback rate up to $75 during the promotional period. Global Accessibility, Unmatched Convenience The Bybit Card serves nearly 2 million users worldwide as a gateway for secure and instant crypto spending at over 90 million global touchpoints. More than a payment tool, it also offers earning opportunities through cashback, rewards, and APR on crypto balances. Incorporating crypto into their way of life in everyday spending, Bybit Card holders can tap or swipe to pay in an instant around the world. Whether they are booking a flight with Cathay Pacific or sipping a cocktail at the Ritz, users stand to get 10% back with the Bybit Card. Key Features: Crypto convenience: seamless spending in crypto, and cash withdrawals from supported ATMs around the world with the physical card available to Mastercard holders. No annual fees and up to 8% APR on balances. Year-round perks: 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits refreshed seasonally Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more. The promotion is on a first-come, first served basis for a limited time only. Terms and conditions apply. For full benefits and more exclusive rewards, users may explore: 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 70 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 For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: media@ updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Cision Canada
29-05-2025
- Business
- Cision Canada
Bybit Secures MiCAR License in Austria, Opens European Headquarters in Vienna with Strategic Expansion Plan
VIENNA, May 29, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has received its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal moment in its European expansion. With this new license, Bybit can now operate as a fully compliant crypto-asset services provider and passport its regulated and localized crypto products and services to nearly 500 million Europeans in 29 EEA (European Economic Area) member states through its EEA hub, which is based in Austria. Alongside this regulatory milestone, Bybit has also established its official European headquarters in Vienna, Austria. The MiCAR license underscores Bybit's unwavering commitment to meeting the highest regulatory standards in Europe, including crucial safeguards that are designed to enhance transparency, prevent illicit activities, and protect consumers within the European Union's digital finance ecosystem. "Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit," stated Ben Zhou, co-founder and CEO of Bybit. "We are actively collaborating with regulators and pursuing licenses globally to ensure our users can access our innovative platform with the highest levels of regulatory and compliance assurance." To support its upcoming European expansion, Bybit is making a substantial investment in Austria, with plans to hire over 100 professionals in Vienna as it provides more localized and regulated services to users. "Obtaining the MiCAR license demonstrates our commitment to compliance and transparency, in line with Europe's high regulatory standards," said Mazurka Zeng, Chief Executive Officer of Bybit Europe. "Vienna is now the home of Bybit Europe, and we're proud to contribute to Austria's forward-looking financial environment by investing in talent and innovation. Beyond this, we are dedicated to fostering a strong local crypto community and, through the Blockchain for Good Alliance (BGA), we will extend our resources to work closely with universities across the region, cultivating the next generation of blockchain innovators and exploring impactful real-world applications of the technology," Mazurka said. #Bybit / #TheCryptoArk / #MiCAR About Bybit Bybit is the world's second-largest crypto-asset exchange platform, providing over 70 million users globally access to its innovative crypto investment products and services. Bybit EU is the newly established EU headquarter and will serve the EEA clients on the dedicated Bybit EU platform.
Cision Canada
26-05-2025
- Business
- Cision Canada
BTC Hit ATH as Options Skew Favors Calls by 7%: Bybit x Block Scholes Report
DUBAI, UAE, May 26, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, released a new weekly crypto derivatives analytics report in collaboration with Block Scholes on May 22, as the markets hit all-time highs (ATH) all around from BTC spot price to perpetual swaps open interest, while ETH's pace of growth moderated. Key Highlights: Risk-On Sentiment Dominated: Perpetual open interest across the board on Bybit has been on a steady rise and reached a new monthly high at over $11B, with trading volume also recording its May best at $26B. The market-wide trajectory was supported by BTC's $111k ATH, did not outperform ETH's meteoric rise the week before. ETH Growth Rebalanced: ETH's two-week outperformance streak has ended, now trailing BTC's renewed rally. Despite strong 69% monthly returns, ETH's weekly gains have slowed. Short-term volatility still trades at a premium, but options sentiment has become less bullish, with the gap between call and put activity narrowing to just $30M. For detailed insights, readers may download the full report. #Bybit / #TheCryptoArk /#BybitResearch About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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
Cision Canada
05-05-2025
- Business
- Cision Canada
Bybit Spread Trading: An Innovative Product to Streamline Advanced Trading Strategies
DUBAI, UAE, May 5, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of Spread Trading. This new trading functionality streamlines the previously more manual technical crypto trading environment — enabling crypto traders to access markets faster and at lower cost — now available via Bybit's intuitive platform. As uncertainty becomes a constant theme in financial markets, and ongoing price fluctuations test traders' risk appetite, Bybit's Spread Trading offers a timely solution for investors seeking to capitalize on price differences between corresponding crypto assets, without the previously heavier risk management and markets access complexities traditionally associated with such trading crypto strategies. Spread trading comes with a wide range of benefits on Bybit: Guaranteed Spread Execution: The entry spread exactly matches the order price set by the user, eliminating slippage concerns. Precise Execution: Both positions are filled simultaneously or not at all, removing the "leg risk" of incomplete trades. Risk Hedging: Offsetting market swings by taking opposite positions in correlated assets. Strategic Flexibility: Diversifying strategies including Funding Rate Arbitrage, Futures Spread, Carry Trade, or Perpetual Basis trading. Lower Costs: The feature stands to save traders 50% of the fees compared to placing separate orders manually. What is Spread Trading Spread trading is a strategy where traders simultaneously buy one crypto asset while selling another related one, allowing them to profit from the price difference (spread) between them rather than from overall market direction. Bybit simplifies the process by combining both trades into a single transaction and precise entry points, eliminating timing risks and execution issues. The strategy works by pairing related instruments, such as Spot and Perpetual contracts, or two different Expiry contracts, in equal but opposite positions, creating a delta-neutral approach that protects traders from broad market volatility. Bybit's Spread Trading feature currently supports four trading combinations: Expiry & Expiry contracts, Expiry & Perpetual contracts, Expiry & Spot markets, and Perpetual & Spot markets. The service is available for BTC, ETH, and SOL with plans to expand to additional digital assets. Bybit users may now power up their trades and ride the highs and lows of the crypto markets with ease. Terms and conditions apply. To find out more about the feature and how it works, users may visit: How to Get Started With Spread Trading #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
