🗣 Bybit CEO Ben: Why We Didn't Renew the F1 Sponsorship
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou explained that the company did not renew its Red Bull F1 sponsorship due to the declining commercial value and rising activation costs. He mentioned that maintaining the execution team could exceed the sponsorship fee, making renewal unlikely to break even. Zhou also highlighted issues with recurring guest invitations, which created "relationship management" challenges. Bybit is now seeking branding opportunities that offer better value.
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou explained that the company did not renew its Red Bull F1 sponsorship due to the declining commercial value and rising activation costs. He mentioned that maintaining the execution team could exceed the sponsorship fee, making renewal unlikely to break even. Zhou also highlighted issues with recurring guest invitations, which created "relationship management" challenges. Bybit is now seeking branding opportunities that offer better value.
🇺🇸📈 Oil prices rose by more than 3.5% after the US and Iran rejected peace proposals. #macro
📊 According to CoinGecko data, tokenized gold products recorded $90.7 billion in spot trading volume in the first quarter of 2026, surpassing the total spot trading volume of $84.6 billion for the full year of 2025. The tokenized gold market is primarily led by PAXG and XAUT.
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🚨 🚨 🚨 Whitehat returns $190K to Renegade hours after hacking the protocol
#Regulation #DeFi #Security #CryptoNews
#Regulation #DeFi #Security #CryptoNews
📊 According to the Sealaunch dashboard, Uniswap v4 Hooked Pool trading volume exceeded $2 billion over the past week, reaching a new all-time high. Among them, Sato Hook recorded $66 million, Angstrom recorded $63 million, and Uniswap recorded $41 million.
💰 #BTC Bitcoin Is Once Again Being Sold at Sustained Profits
“Bitcoin is absorbing profit-taking without immediate deterioration in price structure. Coins are being realized at a profit, but the market has shown sufficient absorption capacity so far.”
“Bitcoin is absorbing profit-taking without immediate deterioration in price structure. Coins are being realized at a profit, but the market has shown sufficient absorption capacity so far.”
Forwarded from Elite Trade Signals – Crypto | Forex | Gold
Forwarded from Signals Crypto Insights Profits
💰 CoinShares: Crypto Funds See $857.9M Weekly Inflows as CLARITY Act Lifts Sentiment
CoinShares reported that digital asset investment products saw $857.9 million in inflows last week, raising total assets under management (AuM) to $160 billion.
Bitcoin led with $706.1 million in inflows, while Ethereum, Solana, and XRP recorded inflows of $77.1 million, $47.6 million, and $39.6 million respectively.
Short-Bitcoin products experienced $14.4 million in outflows, the largest this year.
CoinShares reported that digital asset investment products saw $857.9 million in inflows last week, raising total assets under management (AuM) to $160 billion.
Bitcoin led with $706.1 million in inflows, while Ethereum, Solana, and XRP recorded inflows of $77.1 million, $47.6 million, and $39.6 million respectively.
Short-Bitcoin products experienced $14.4 million in outflows, the largest this year.
If you have a 10% chance of a 100x return, you should take that bet every time." - Jeff Bezos.
💰 #USDC Circle attracts $222 million from BlackRock, Apollo, and others in the presale of Arc tokens worth $3 billion.