NEW YORK, June 3, 2025 /PRNewswire/ — Monarq Asset Management (“Monarq”), a leading multi-strategy investment firm, formerly known as MNNC Group, today announced a strategic investment from FalconX, a leading institutional digital asset prime broker. The investment will accelerate Monarq’s growth as it scales its team, product offerings, and institutional client base.
With a track record dating back to 2017 and experience navigating multiple market cycles, Monarq is led by alumni from prestigious firms like LedgerPrime, Tower Research, and BlockTower. The firm deploys quantitative, delta-neutral, and directional strategies across both centralized and decentralized venues, focused on delivering consistent, risk-adjusted returns in all market conditions.
“We are pleased to welcome FalconX as a strategic investor,” said Shiliang Tang, CEO and Managing Partner of Monarq. “With FalconX’s strategic support, we are well positioned to scale our proprietary quantitative models, grow our team of portfolio managers and technologists, and bring institutional-grade asset management to a broader set of investors.”
The investment strengthens FalconX’s ability to serve clients seeking actively managed digital asset strategies and further diversifies its business lines.
“We saw a rare combination of quantitative finance and derivatives expertise in Monarq, grounded in the infrastructure and risk discipline expected of top-tier institutional managers,” said Raghu Yarlagadda, Co-Founder and CEO of FalconX. “As institutional capital allocates more meaningfully into digital assets, the search for differentiated, risk-adjusted returns is intensifying — and we believe institutions will increasingly turn to actively managed platforms as the asset class continues to mature.”
The investment comes amid a period of significant growth in the alternative investment space, with increasing allocation from institutional investors, family offices, and high-net-worth individuals seeking diversified returns in a complex market environment.
About Monarq Asset Management
Monarq Asset Management, formerly MNNC Group, is a multi-strategy digital asset investment manager focused on generating consistent, risk-adjusted returns through all market conditions. Managed by former executives from firms such as LedgerPrime, Tower Research, and BlockTower Capital, the team offers extensive experience in quantitative trading, volatility strategies, and digital market structure.
Leveraging a foundation of delta-neutral and directional strategies, Monarq utilizes a disciplined, data-centric investment approach spanning centralized and decentralized markets. By integrating institutional-grade financial rigor with native blockchain infrastructure, the firm is positioned to meet the evolving demands of today’s sophisticated institutional investors.
About FalconX
FalconX is a leading digital asset prime brokerage for the world’s top institutions. We provide comprehensive access to global digital asset liquidity and a full range of trading services. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.
FalconX is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore and Valletta. For more information visit falconx.io or follow FalconX on X and LinkedIn.
“FalconX” is a marketing name for FalconX Limited and its affiliates. Availability of products and services is subject to jurisdictional limitations and FalconX entity capabilities. For more information about which legal entities offer particular products and services, please see the disclosure on our public website, incorporated herein, or reach out to your relationship contact.
Castries, Saint Lucia, June 2nd, 2025, Chainwire
PrimeXBT, a global multi-asset broker, has expanded its regulated offerings with approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide crypto services. This development strengthens PrimeXBT’s presence in one of Africa’s leading financial markets and supports the company’s broader mission to advance regulated crypto access worldwide.
With this updated licence in place, PrimeXBT is now offering traders a secure and trusted environment to deposit, withdraw, trade, and convert digital assets. South African clients gain access to crypto-funded accounts on MT5, PXTrader, and Crypto Futures, with support for BTC, ETH, USDT, and USDC margin trading, including CFD trading on stocks, indices, forex, crypto and commodities. Traders can also benefit from on-platform tools to instantly exchange crypto to crypto or stablecoins with USD.
“This expansion not only benefits South African traders but also represents our broader commitment to global crypto adoption under trusted regulatory framework,” said Sihle Tuta, Head of Region at PrimeXBT South Africa. “At PrimeXBT, we aim to lead by example, delivering an all-in-one trading experience that prioritises trust, access, and innovation. As one of the few regulated brokers offering both crypto and traditional financial instruments, we bring these markets together through a unified platform built for diverse trading strategies.”
In addition to expanding its trading services, PrimeXBT continues to invest in trader education and financial literacy across the world. The broker offers online learning resources, webinars, and market insights tailored to various levels of trading experience. As part of its global CSR initiatives, PrimeXBT also supports community-focused projects with a strong emphasis on education and skills development.
This addition to PrimeXBT’s regulated operations further strengthens its reputation as a compliant and forward-thinking broker. As demand for regulated crypto access grows, PrimeXBT is well-positioned to serve traders with a platform that blends security, flexibility, and innovative market access.
To learn more, users can visit the PrimeXBT website.
About
PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
Contact
PrimeXBT
pr@primexbt.com
George Town, Grand Cayman, May 30th, 2025, Chainwire
Zircuit, the chain where innovation meets security, announced the launch of non-custodial wallet top-ups for Crypto.com Visa Cards. This new integration enables users to seamlessly fund their cards via Zircuit.
Now live in the Crypto.com App, this feature allows users to connect a non-custodial wallet to their Crypto Wallet and transfer ZRC via Zircuit Chain. Users can convert the assets into supported tokens like USDC or ETH as needed to complete the top-up process. This makes it easier than ever to spend crypto wherever Visa is accepted.
“At Zircuit, we’re committed to expanding the possibilities of crypto in the real world,” said Dr. Martin Derka, co-founder of Zircuit. “This integration with Crypto.com brings us one step closer to that future, offering users the freedom of self-custody and the convenience of everyday spending.”
How it works:
- Users connect their non-custodial wallet to the Crypto Wallet in the Crypto.com App via Zircuit Chain.
- Funds are sent directly from the connected wallet, converted to fiat, and used to top up the Crypto.com Visa Card
- If needed, assets are auto-converted to supported tokens like USDC or ETH.
Users can visit crypto.com/en/product-news/top-up-with-zircuit for step-by-step instructions or access the FAQ for more information.
About Zircuit
Zircuit: Where innovation meets security, designed for everyone. Zircuit offers developers powerful features while giving users peace of mind. Designed by a team of web3 security veterans and PhDs, Zircuit combines high performance with unmatched security. Experience the safest chain for DeFi and staking. To learn more about Zircuit, users can visit zircuit.com, and follow them on Twitter/X @ZircuitL2
Contact
Head of Communications
Jennifer Zheng
Zircuit
jen@zircuit.com
Victoria, Seychelles, May 16th, 2025, Chainwire
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of Spot Margin Trading for the Nexpace (NXPC)-USDT pair. This strategic move marks a significant milestone in empowering users with advanced trading tools and bolstering innovation in the decentralised gaming ecosystem.
Nexpace (NXPC), a prominent player in the Web3 gaming industry, is transforming the digital entertainment landscape with its decentralised, player-centric platform. The integration of NXPC into Bitget’s Spot Margin offering enables traders to borrow funds to amplify potential gains, thus enhancing market liquidity and trading flexibility for the NXPC ecosystem.
Commenting on the development, Gracy Chen, CEO at Bitget, said “Bitget is excited to support the growth of decentralised gaming by enabling spot margin trading for the NXPC token. We believe Nexpace’s vision aligns with the future of interactive digital economies, and we are committed to offering our users diversified trading options and early access to game-changing projects.”
To celebrate the listing of new coins, Bitget will randomly distribute spot margin interest vouchers or position vouchers to users. Spot margin interest vouchers can be used to offset part or all of the borrowing interest in margin trades. Position vouchers allow users to open margin trade positions without using their own funds. Users can claim vouchers in the Coupons Center.
With this launch, Bitget continues its commitment to supporting high-potential Web3 projects by providing greater exposure and access to sophisticated financial instruments. Spot Margin Trading allows users to trade NXPC with leverage, enabling them to take both long and short positions, and to participate more actively in market movements.
For more information on NXPC on Bitget, users can visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
About Nexpace (NXPC)
Nexpace is a decentralised gaming platform that leverages blockchain to give players true ownership, governance rights, and seamless in-game economies. NXPC is the utility and governance token driving the platform’s vibrant ecosystem and community-driven growth.
For media queries: media@bitget.com
Contact
Public Relations
Media
Bitget
media@bitget.com
Abu Dhabi, UAE, May 15th, 2025, Chainwire
MapleStory Universe brings player-owned economies to life as a blockchain-powered expansion of the 23-year old MMORPG IP, powered by its proprietary NXPC token
Now live on Bitget, Bithumb, Binance, Bybit, Gatei.o, KuCoin, Upbit – NXPC ranks among the most successful Web3 gaming token debuts
NEXPACE, the Web3 IP-expansion initiative backed by Nexon, today announced the official launch of MapleStory N, a blockchain-powered MMORPG. Together with the game, NEXPACE also debuted the NXPC token, integral to the MapleStory Universe (MSU) ecosystem, on seven leading exchanges, including Bitget, Bithumb, Binance, Bybit, Gateio, KuCoin, Upbit. This joint milestone marks a major step forward for NEXPACE’s MSU, bringing the iconic 23-year-old gaming IP to the blockchain for the first time.
MapleStory N blends the nostalgic 2D visuals and classic gameplay of the original MapleStory IP with new blockchain-native features such as NFTs, on-chain item mechanics, and open marketplaces. Players can complete quests, battle monsters, all while earning, crafting and trading assets that hold real world value. The broader MSU platform also introduces Synergy Apps, allowing fans, creators, and builders to develop their own content and decentralized applications. This reflects the legacy of the original MapleStory IP franchise, where user-generated games and creations flourished.
The NXPC token further marks a major evolution of MapleStory’s decades-old in-game economy by enabling true asset ownership and player-driven item markets. With MSU’s Fusion-Fission model, players can redeem NXPC for collections of NFTs (Fission) and exchange collections of NFTs back into NXPC (Fusion), creating a self-balancing system that curbs oversupply and supports long-term value. Beyond gameplay, NXPC powers a broader contributor reward system, incentivizing builders and creators to develop user-generated contributions that expand and enrich the MSU IP ecosystem.
Sunyoung Hwang, CEO of NEXPACE, explained, “The launch of MapleStory N and the NXPC marks a major evolution in how games are played and valued. MSU addresses long-standing issues in traditional gaming like item inflation and developer-controlled ecosystems, by giving real ownership to players. NXPC enables users to participate in a decentralized, self-sustaining ecosystem that rewards creativity, contribution, and engagement over speculation. Together, they form the engine of a community-led digital economy, reshaping how games are enjoyed and remembered.”
As the first implementation of NEXPACE’s virtual IP universe, MapleStory N and MSU sets the foundation for future blockchain-powered gaming experiences. Backed by Nexon’s portfolio of globally recognized gaming IPs, NEXPACE’s protocol is designed to support the expansion of these titles through decentralized economy and community-led creativity, evolving the gaming worlds beyond the traditional models.
The excitement surrounding MSU’s first blockchain game was clearly reflected in the recent OpenSea Primary Drop Campaign, held from May 6 to 12, which saw over 1 million mints. Built on a custom Layer 1 chain using Avalanche, powered by AvaCloud, the campaign also drove Avalanche Network to record its highest number of Unique Active Wallets since the campaign’s launch day. MapleStory N is now live and available on PC.
MSU is now reshaping the Web3 gaming landscape, launching its NXPC token across seven major exchanges and showcasing one of the most impactful blockchain gaming debuts in recent years.
About NEXPACE
NEXPACE, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, NEXPACE creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members.
At the heart of NEXPACE’s ecosystem are principles of transparency, security, and trust, empowering creators to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, NEXPACE envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community.
For more information, users can visit: Website | Medium | X/Twitter | Discord
Contact
MapleStory Universe PR Manager
Bee Shin
Wachsman
bee.shin@wachsman.com
Zurich, Switzerland, May 15th, 2025, Chainwire
GSR, a leading crypto investment firm, has made an equity investment in Maverix Securities, a Swiss-based innovator in structured investment solutions. The investment cements a broader partnership between the two firms to collaborate on a new generation of digital asset products for institutional and professional investors.
This partnership represents a major step in bridging traditional finance and the digital asset ecosystem. GSR will support Maverix in launching structured products linked to digital assets, as well as the development and listing of exchange-traded products (ETPs) tied to leading cryptocurrencies.
GSR and Maverix combine complementary strengths that go far beyond operational collaboration. GSR’s expertise in digital asset liquidity and risk management, combined with Maverix’s issuance capabilities and proven track record in launching regulated investment products on the SIX Swiss Exchange, will help to deliver differentiated, compliant, and value-driven digital investment solutions. All offerings will be subject to any applicable jurisdictional regulatory approvals and investor suitability standards.
“We’re excited to join forces with Maverix to deliver digital asset solutions that combine the precision of traditional financial engineering with the transformative potential of blockchain-based assets,” said Alain Kunz, Managing Director at GSR. “This partnership reflects a strong alignment between Maverix’s excellence in structured product design and our strengths in digital asset liquidity and risk management.”
“We see significant investor appetite for thoughtful, risk-managed exposure to digital assets,” said David Schmid, Co-CEO of Maverix. “Partnering with GSR gives us access to world-class digital asset infrastructure and a network that will be instrumental in accelerating our product roadmap. GSR also fits perfectly into our partner strategy — we deliberately seek selective, high-quality collaborations that expand our ecosystem and support long-term innovation.”
The collaboration will deliver a range of institutional-grade products, including yield-enhancing structured solutions, customized crypto index strategies, institutional advisory and treasury services, and advanced derivatives and hedging tools. Subject to any applicable regulatory approvals, these offerings are designed to meet the evolving needs of professional investors seeking compliant, risk-managed exposure to digital assets. For more information, users can visit www.mavx.com.
As part of the collaboration, Alain Kunz, Managing Director at GSR, will join the Board of Directors of Maverix, further strengthening strategic alignment and accelerating product development and go-to-market execution. The first wave of jointly developed products is expected to launch in the second half of 2025, targeting both professional and institutional investors across key global markets.
About GSR
Founded in 2013, GSR is a global leader in digital asset trading, market making, and liquidity provision. With over a decade of experience in cryptocurrency markets, GSR operates one of the largest and most sophisticated trading operations in the industry. The firm partners with leading token projects, trading venues, and institutions, offering a full suite of services including algorithmic trading, liquidity solutions, and strategic investment. GSR is headquartered in London with offices across the United States, Europe, and Asia.
About Maverix
Maverix Securities is one of the leading Swiss Securities Houses in the structured products market. Since 2008, Maverix has been offering its services to professional asset managers, banks, and institutional investors using one of the most innovative technologies. This unique investment approach combines next-gen technology, deep human experience,e and relentless creativity.
Contact
VP Public Relations
Haley Malanga
GSR
haley.malanga@gsr.io
Miami, Florida, April 30th, 2025, Chainwire
FLOKI has partnered with Rice Robotics to launch the FLOKI Minibot M1, an AI-powered companion robot that combines robotics, blockchain, and tokenized rewards.
Unveiled ahead of TOKEN2049 Dubai, the FLOKI Minibot M1 is powered by RICE AI, Rice Robotics’ decentralized AI protocol. This small but capable robot can handle day-to-day tasks like managing grocery lists, scheduling household chores, and even providing bedtime stories or dancing to your favorite music — all while adapting to your personality and preferences over time.
But the innovation doesn’t stop at the hardware. As part of the rollout, Rice Robotics will also launch the $RICE token, the main utility token of the RICE AI protocol. The token integrates real-world usage with on-chain incentives. Users of the FLOKI Minibot M1 will earn $RICE tokens through interaction — turning ordinary conversations and commands into valuable AI training data, and rewarding users for participation in the ecosystem.
According to Rice, the $RICE token will be launched through the TokenFi Launchpad, allowing $TOKEN stakers to participate in the early sale. Additionally, airdrops are coming for both $FLOKI and $TOKEN holders, adding to the growing utility behind the FLOKI ecosystem. The $RICE token will serve various functions within the RICE AI ecosystem, including access to premium features, AI upgrades, and data exchange within decentralized physical AI networks.
Rice Robotics, known for its work with top-tier clients like Nvidia, SoftBank, Mitsui Fudosan, and 7-Eleven Japan, is no stranger to real-world deployment. Their robots are already in use in offices, shopping centers, and urban infrastructure across Japan, Dubai, and Hong Kong.
Softbank, notably, is also a key player behind President Trump’s $500 billion Stargate Initiative, aimed at building AI infrastructure across the U.S. Rice’s involvement further signals the blend between policy, AI, and tokenized economies.
This collaboration marks the next big chapter in decentralized physical AI (DePAI), a concept where robots can learn, share data, and self-upgrade using blockchain-backed protocols.
FLOKI Goes Big at TOKEN2049
FLOKI is making its mark as an official Gold Sponsor of TOKEN2049 Dubai, one of the world’s premier crypto events scheduled for April 30–May 1, 2025. With over 15,000 attendees and 10,000 companies expected, TOKEN2049 brings together industry leaders, innovators, and investors to explore the future of Web3, AI, and digital finance. FLOKI’s strong presence at the event reflects its expanding ecosystem and bold push into utility-driven innovation.
As part of its sponsorship, FLOKI branding will feature across venue signage, tables, and marketing campaigns. The project’s Community Relations Officer will also deliver a keynote on the IO NET Stage titled “How utility will shape the memecoin revolution.” The event will culminate in “AFTER 2049,” the official closing party, also sponsored by FLOKI.
About Floki
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 520,000 holders globally, Floki has already established a strong brand presence. Users can learn more at floki.com.
For more information:
Website: https://www.floki.com/
YouTube: https://www.youtube.com/@FlokiOfficial
Telegram: https://t.co/vBZd3lbFQK
Instagram: https://www.instagram.com/floki_crypto/
Tik Tok: https://www.tiktok.com/@floki_crypto
Discord: https://discord.com/invite/floki
Facebook: https://www.facebook.com/groups/290420602797109/?ref=share
Reddit: https://www.reddit.com/r/Floki/
Twitch: https://www.twitch.tv/officialfloki
Valhalla: https://valhalla.game
Contact
Community Relations Officer
Pedro Vidal
Floki
Marketing@floki.com
Analog, a leader in blockchain interoperability, has secured a $15 million strategic funding commitment from Bolts Capital, further boosting its capital raise to a total of $36 million. This new commitment comes in the form of a significant token purchase, deepening Bolts Capital’s role in Analog’s mission to unify liquidity across the decentralized Web3 landscape.
Fueling Infrastructure for Unified Liquidity
“This $15 million in a strategic funding commitment from Bolts Capital is a major step forward for Analog as we continue building the infrastructure layer for unified liquidity in Web3,” said Victor Young, Founder of Analog.
Analog aims to become the ultimate liquidity hub by enabling frictionless asset movement across chains. The newly secured capital will support the development of innovative tools like the Omnichain Analog Token Standard (OATS), Firestarter, and Zenswap. “With this capital, we’re accelerating the development of groundbreaking solutions like OATS, Firestarter, and Zenswap, which will drive scalable RWA adoption, optimize liquidity, and unlock deeper markets for DeFi applications,” Young added.
A Track Record of Momentum
Before this latest funding, Analog had already raised $21 million from leading investors such as Tribe Capital, Wintermute, NGC Ventures, and the NEAR Foundation. The February 2025 launch of its mainnet and $ANLOG token marked major milestones, with listings now live on platforms including Bitget, Gate.io, KuCoin, MEXC, and Kraken. Stakers are currently enjoying an APY of 82.7%, showcasing high yield opportunities within the ecosystem.
Ecosystem Growth and Cross-Chain Adoption
Analog’s ecosystem now features over 60 partners across DeFi, RWA, gaming, and AI. Key collaborators include OKX Wallet, Frax, MetaStreet, and Rarible. On the testnet side, more than 384,000 users have participated, and over 121,000 have already claimed airdrop rewards.
The platform’s expansion is also reflected in community apps like Pixelport, which has brought in nearly 58,000 users. To date, 14,980 NFTs have been bridged across different blockchains, highlighting early interest in omnichain asset utility.
What’s Next
Analog’s product roadmap features several new launches, led by OATS for seamless cross-chain asset transfers. Firestarter, backed by Black Label Ventures, will introduce real-world asset tokenization, while Zenswap—developed with Soramitsu—will enable cross-chain swaps via a single transaction.
“We see Analog as one of the few teams truly solving for interoperability at scale. As more use cases emerge across chains, especially in RWAs, there’s a real need for foundational infrastructure like what Analog is building,” said Managing Director of Bolts Capital. “And we’re excited to support their vision and growth with this $15 million strategic commitment.”
On April 5, the US Department of the Treasury and various federal agencies are expected to disclose their holdings of Bitcoin and other digital assets, following an executive order issued by President Donald Trump.
This is in line with Trump’s recent directive to create a Strategic Bitcoin Reserve and Digital Asset Stockpile, aimed at solidifying the country’s position in the digital asset space. The government’s holdings of assets like XRP, Solana, and Cardano—mentioned in the president’s previous statements—are also expected to be clarified.
Trump’s March 6 executive order mandates that all federal agencies report their holdings of Bitcoin and other digital assets to the Treasury Secretary within 30 days. The Treasury Secretary is tasked with overseeing the creation of two new offices to manage these government-held assets. One of these offices will oversee the Strategic Bitcoin Reserve, which will store Bitcoin acquired through criminal or civil forfeiture. This reserve is expected to function as a “digital Fort Knox” for long-term value storage, with no plans to sell off the Bitcoin.
Bitcoin’s Volatility Amidst Government Moves
Despite the announcement of the Strategic Bitcoin Reserve, Bitcoin’s price has remained volatile. Since the reserve’s creation, Bitcoin’s value has dropped by approximately 10%, falling from over $92,000 to around $82,000.
David Bailey, CEO of BTC Inc, has suggested that the upcoming audit could offer insights into the recent fluctuations in Bitcoin’s price. Bailey believes that the findings could answer many of the questions surrounding the asset’s performance, particularly in light of ongoing concerns about trade wars and a potential recession.
The US government’s Bitcoin holdings currently stand at approximately 198,012 BTC, valued at around $16 billion. However, according to White House crypto czar David Sacks, the government once held about 400,000 BTC, most of which was acquired through civil and criminal asset forfeitures over the past decade.
Approximately half of this amount, around 195,000 BTC, has already been sold, generating significant proceeds for the government. Had the government kept the entire 400,000 BTC, its value would now exceed $17 billion.
Kingstown, St. Vincent and the Grenadines, April 1st, 2025, Chainwire
Bitunix exchange has announced that it has launched the Ultra version of the K-line (candlesticks) on its mobile app integrated with TradingView. This advanced charting system transforms the mobile trading experience for cryptocurrency traders, allowing them to enjoy a smooth candlestick experience.
Bitunix is the first exchange in the industry to integrate TradingView professional-grade features on its app, making this an Industry-Leading feature integration. This launch marks a significant milestone for the crypto exchange on a journey that began nearly four years ago.
Users can set stop-loss and take-profit levels, place limit orders, and interact with charts in real time, easily syncing with the web platform. The app offers a smooth trading experience with easy-to-use charts that allow swiping, zooming, and dragging. Traders can customize their view with various chart styles, technical indicators, and drawing tools. Plus, a refined slider feature makes order placement even more precise and user-friendly.
Traders can activate the Ultra Version K-line by navigating to the settings in the Bitunix app and selecting the Ultra Version K-line option.
Commenting on the launch and integration of this version, KX Wu, COO of Bitunix, said that this is a unique feature that no one has offered before. “We are the first to offer this version to our users. This has come as a result of the fact that we are always looking to introduce new features for our traders. Now everything will be easier for them with our TradingView Integrated K-Line Ultra App Version,” he said.
All TradingView Functions Now Available on Bitunix Mobile App
With the Ultra Version K-Line offering improved tools, better customization options, and an improved interface, users can analyze the market more effectively and execute trades with greater ease. Here are some of the key upgrades and features:
- Chart Customization: Traders can change colors, styles, and chart settings.
- Advanced Tools: Traders can adjust candlestick shapes and use technical indicators.
- Live Trading Data: See transaction history, opening costs, and active orders.
- Clearer Interface: A bigger layout makes charts easier to read and use for traders.
- Drag-and-Drop Trading: Ability to move stop-loss, take-profit, and limit orders directly on the chart.
- More Time Frames & Drawing Tools: Traders can use trendlines, Fibonacci retracements, and other tools for deeper analysis.
Setting a New Industry Standard for Mobile Trading
Candlestick charts, or K-lines, are critical tools for cryptocurrency traders, enabling market analysis and strategic decision-making. Historically, mobile apps have struggled to match the sophistication of web-based charting tools. This version redefines mobile crypto trading by delivering a professional, web-level experience on mobile devices.
Bitunix continues to prioritize user experience, following the latest insights from the industry. According to a report on the importance of user experience in crypto trading apps, by Blockchain Magazine, improving the trading platform’s usability is crucial for attracting and retaining users in an increasingly competitive market hence the launch of the K-Line Ultra.
Breaking Records Since 2021
Since its launch in 2021, Bitunix has continuously improved its platform. Version 1 introduced spot and futures trading, followed by Version 2 in 2022, which added third-party fiat payment integration.
In 2023, Bitunix expanded with a P2P market, and in 2024, it introduced Convert and Copy Trading features along with a Multi-asset margin function. It also launched an advanced multi-window trading interface, where users can open up to 16 windows on one screen at the same time, becoming the only exchange in the world to have this feature. Looking ahead, 2025 will see the launch of Earn products and COIN-M futures trading, further elevating user experience.
In 2024, the platform demonstrated its Proof of Reserve, showcasing its commitment to security and transparency, and secured a $5 million insurance fund for its users. This led to Bitunix being ranked among the top 15 exchanges on CoinMarketCap and CoinGecko, a testament to its rapid growth and reliability. Recently Bitunix was also ranked among the top 10 crypto exchanges on CoinGlass.
During these years, Bitunix has created partnerships with industry leaders like Moonpay, Volet, Coinify, and Alchemy Pay, making purchasing crypto securely and easier. Additionally, Hacken, Certified, and Salus security audits have reinforced its commitment to user safety.
Bitunix participated at Blockchain Life 2024 conference in Dubai, was a Silver Sponsor at Token2049 Singapore, Golden Sponsor at ETH Riyadh 2024, and Title Sponsor at Web3 Amsterdam. The exchange will also participate in Paris Blockchain Week and Token2049 Dubai in 2025, among other key conferences.
The launch of the Ultra Version K-line is the culmination of all the efforts that the Bitunix team has made to make trading as easy as possible for traders. As the world’s fastest-growing crypto exchange, Bitunix has been committed to continuous improvements and remains dedicated to ongoing innovation and user-driven improvements.
About Bitunix
Bitunix is a global crypto derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 700 trading pairs and leverage of up to 125x.
With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 2,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $5 billion on its platform.
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Contact
COO
KX Wu
Bitunix
kx.wu@bitunix.io