Announcement: BingX to Attend TOKEN2049 Singapore as Title Sponsor
I’m pleased to announce that BingX will be a title sponsor at TOKEN2049 Singapore, held at the prestigious Marina Bay Sands. This premier event in the crypto ecosystem aligns seamlessly with BingX’s mission to make crypto accessible and friendly to everyone
At BingX, our commitment to putting users first is unwavering. We are excited to offer an immersive experience at our booth, complete with cutting-edge demonstrations, interactive sessions, and opportunities to connect with the BingX community. I will be participating as a distinguished panelist, where I will share my expertise on the latest developments in the web3 industry.
This event is a fantastic opportunity for us to showcase BingX’s innovations and connect with the vibrant crypto community. Our participation underscores our commitment to providing a trustworthy and transparent platform, inspiring users to stay ahead of the curve and accomplish more with cryptocurrencies. We look forward to engaging with industry leaders and sharing our vision for the future of digital assets.
Additionally, BingX will host an exclusive pre-event party, offering a unique networking opportunity for select invitees. This event will celebrate our partnerships and offer a chance to discuss the exciting future of cryptocurrency in a welcoming and relaxed setting.
Building on our impactful participation as a title sponsor at TOKEN2049 Dubai, BingX is set to continue its momentum in Singapore. Our involvement underscores our leadership and innovative spirit in the web3 industry. Through these initiatives, we remain committed to empowering our users and solidifying our position as a pioneering force in the global crypto community.
Full press details can be found here.
Bitcoin Stuck in a Narrow Trading Rage
Bitcoin tried to regain stability after a turbulent period during late-night European trading, during which the leading cryptocurrency plunged more than 6%, briefly hitting a low of $58,090 within minutes. Crypto analysts noted that a surge in liquidations has worsened the situation. Data from Glassnode shows that over $287 million in long crypto positions were liquidated in the 24 following the turbulence. Traders speculate that a drop may continue to happen, with the price hovering around $54,000.
Other crypto projects have also been affected by the market plummet. Solana, Dogecoin, and Avalanche were down over 6% last week, signaling what some see as a widespread market correction. Ethereum has also faced challenges, with spot Ether ETFs recording their eight consecutive days of net outflows. Experts suggest that Ethereum is struggling with an “identity crisis,” and independent researcher Nick Ruck added that the Ethereum Foundation’s $100 million budget, funded by selling ETH, could add more selling pressure.
Right now, it’s challenging to distinguish essential signals from the very short-term background noise and daily microeconomic factors within the crypto market. Understanding your trading tolerance and goals is necessary, as well as creating a plan that aligns with them. If you’re considering investing in any crypto, consider a long-term strategy rather than reacting to every market fluctuation, especially during an election year. Many predictions focus on the end of this year, but even that is relatively short-term. Until December 31, there will be plenty of surprises, as with any investment.
Article Highlights
It is an honor to be featured on BeInCrypto’s SheVerified section, a profile of distinct female leaders in the Web3 space. In this exclusive interview, I discussed my transition from traditional finance to cryptocurrency, my involvement in BingX Labs, and my efforts to promote inclusivity in the industry.
I was able to cover one of the most buzzed-about topics of the year with Economy Middle East: Ethereum ETF: Will other cryptos join the bandwagon? The approval of Ethereum ETFs brings more legitimacy to cryptos; check out the full details here.
BingX was voted number one in Be In Crypto’s Top Most Safe Crypto Exchanges article! The prestigious outlet highlighted our withdrawal protection, insurance coverage, and fund safety. Check out the full story here.
About Me
I’m very excited to share my interview with Cointelegraph. From social trading to comprehensive educational resources, BingX aims to make crypto trading accessible and secure for everyone. Read more about that here.
Check out the exclusive Coingape interview and gain insights into the strategic partnerships driving BingX’s growth and impact in the crypto space.
I had a fantastic chat with WU Blockchain about BRC20, BingX’s strategy in 2024, and my professional background. Check out the article linked here!
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
