A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge […]
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Cryptocurrency exchange Bitget has announced plans to consolidate its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single utility token, BGB. The transition, effective Dec. 27, aims to create a unified onchain and off-chain ecosystem. Bitget Merges Tokens BGB and BWB Bitget, ranked among the top three globally in trading […]
The native asset of crypto exchange Bitget (BGB) is closing in on a market cap of nearly $8 billion after the token surprisingly sparked an 844% rally in 2024. According to current data, BGB is trading for $5.64 at time of writing, a 15% increase during the last 24 hours. BGB launched in 2021 and […]
The post Bitget Token (BGB) Soars to $7,869,959,009 Market Cap With Suprise 844% Rally This Year appeared first on The Daily Hodl.
Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron’s native token, TRX. The Seychelles-based exchange cited Tron’s extensive adoption as […]
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]
Bitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing accessibility to the crypto market. By utilizing Viet QR, a standardized QR code system that enables secure […]
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […]
According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China's popular WeChat app.
According to Gracy Chen, the CEO of exchange and wallet provider Bitget, Telegram's symbiotic relationship with the independent Open Network and its crypto trading features distinguishes the application from competitors and positions it for massive growth. The CEO told Cointelegraph:
The Bitget CEO also cited the meteoric adoption of Telegram in emerging market economies — particularly among young people in Africa as further evidence of the application's potential to become an everything app used by billions of individuals.
Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.
Bitget Wallet, a self-custodial cryptocurrency wallet operated by Bitget exchange, is gaining popularity on Telegram, where its Mini App attracted millions of users within days of launch.
On Oct. 31, Bitget Wallet announced the official launch of Bitget Wallet Lite, a multichain wallet integrated into Telegram, allowing users to buy, store and send crypto within the app.
The official launch comes three days after the Bitget Wallet Lite’s soft launch on Oct. 28, with six million users joining the Mini App on Telegram since.
A crypto analyst opined that XRP’s price "is likely to fluctuate between $0.50 and $0.80" for the rest of 2024 with strong emphasis on regulatory developments.
The latest appeal by the United States regulator in its case against blockchain payments firm Ripple may further push market participants to adopt a more risk-off approach to XRP in the short term, according to a crypto analyst.
The comments come despite the recent filing not directly challenging the ruling that XRP is not a security. The appeal asked the court to review its decisions regarding Ripple’s XRP sales on exchanges and personal XRP sales by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.
The legal uncertainty could widen XRP’s (XRP) price volatility, pushing the asset to potentially fluctuate within a range of nearly 50%, the analyst believes.
