Bybit plans to seek partnerships with large brokerage firms to challenge Robinhood in the U.S. market.
1 days ago
Bybit CEO Ben Zhou said that Bybit plans to partner with established local firms when entering the U.S. market to compete with platforms like Robinhood. Citing Interactive Brokers as an example, he noted that it is more suitable at this stage to seek partners that already have a U.S. customer base and are looking to expand into crypto business. Ben Zhou added that applying for money transmission licenses state-by-state could take two to three years, so he prefers to wait for progress on the CLARITY Act and further clarity on the new regulatory framework before entering the U.S. at an opportune time rather than acting hastily. He believes the U.S. market, while large, is highly competitive and already saturated. Additionally, Bybit is exploring the U.K. market, but Ben Zhou said entry costs there are high, and the location of its London office has not yet been finalized. The company also plans to launch a comprehensive application in Europe as early as the first quarter of 2027, covering derivatives and tokenized stocks.
If Bitcoin drops below $80,000, total long position liquidations on major centralized exchanges (CEXs) will hit $692 million.
51 minutes ago
Bitcoin falls below $81,000, with a 4.3% drop in the past 24 hours.
51 minutes ago
Pump.fun launches EVM limit orders, supporting take-profit and stop-loss functions.
51 minutes ago
a16z Frontier has officially confirmed its continued focus on the crypto space, expanding its investment scope to include frontier technology startups.
51 minutes ago
New York State Department of Financial Services issues alert over PHP vulnerability.
51 minutes ago
GMGN Co-founder: The self-developed cross-chain bridge is undergoing a small-scale volume test, and the APP will soon support buying multi-chain tokens with USDC.
51 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

