Blockchain Technology -

Bitcoin Surpasses Google and Amazon: Becomes the Fifth-Largest Asset Globally

Bitcoin (BTC) surpasses both the digital behemoths Alphabet Inc. (Google) and Amazon to become the fifth-largest valuable asset in the world by market capitalisation. This can be seen as a historic event for the cryptocurrency industry. Moreover, Biotcin‘s market capitalisation increased to $1.87 trillion. This amount surpasses the $1.859 trillion and $1.837 trillion valuations of Alphabet and Amazon, respectively. These significant amounts highlight Bitcoin’s rising status in the global financial scene. Bitcoin’s Growth The...

by TechPapersWorld

Blockchain Technology

Bybit Spot Grid 3.0: Better Crypto Trading with Enhanced Automation

Bybit, a top-three global crypto exchange, is proud to announce the launch of Spot Grid 3.0, an upgrade to its popular Spot Grid Bot, with new features designed to enhance flexibility, control, and opportunities. Understanding the diverse needs of its users, Spot Grid 3.0 offers three customized investment modes: Quote Mode, Base Mode, and Base+Quote Mode. These options allow users to trade multiple BTC, USDT, and ETH pairs depending on their strategy and market outlook. And, with Base+Quote Mode,...

by TechPapersWorld

Blockchain Technology

Bitget Introduced Proof of Reserves (POR) Report of February 2024

https://techpapersworld.com/bitcoin-surpasses-google-and-amazon-becomes-the-fifth-largest-asset-globally/Bitget, the world’s leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 159%, emphasizing Bitget’s unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR disclosures, Bitget upholds its pledge to maintain 100% backing for user funds. Bitget reaffirms its unwavering commitment to sound financial practices and stability as evidenced...

by TechPapersWorld

Blockchain Technology

Deeper Liquidity and Minimized Risks: FinchTrade Partners with Cypator for Enhanced OTC Crypto Trading

FinchTrade, a Swiss company specializing in liquidity provision and investment tools in the cryptocurrency sector, announces its collaboration with Cypator, a leading institutional crypto Electronic Communication Network (ECN). FinchTrade will use Cypator’s ECN to enable enhanced liquidity discovery, with pre-trade balance checks through settlement, on a bilateral and custodian and prime broker basis. This partnership underscores FinchTrade’s dedication to enhancing its service offerings, especially in order execution and liquidity provision for client investment strategies. Cypator’s...