Day: July 10, 2025

Bitget Protection Fund in June 2025 Hits $716 Million Bitget Protection Fund in June 2025 Hits $716 Million VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its monthly report on Protection Fund which has reached a high of $716 million in June 2025, more than doubling its original benchmark of $300 million. The fund, designed to serve as a safeguard for users in extreme market conditions, maintained a consistent 6,500 BTC balance throughout the month. Its value fluctuated with market prices, with the average monthly valuation settling at around $687

Bitget Hosts Public Token Sale for pump.fun (PUMP) Bitget Hosts Public Token Sale for pump.fun (PUMP) VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has launched a public token sale for pump.fun (PUMP), the native token of the viral Solana-based memecoin platform pump.fun. The sale opens on July 10, 2025, at 10:00 (UTC) and runs for 24 hours, closing on July 11 at 10:00 (UTC). With a fixed swap price of $0.004 per token, participants can subscribe using USDT and USDC, with individual contributions ranging from 5 to 1,000,000 coins. A total of

Bitget Burns 30M BGB Worth $138 Million for Q2 2025 Bitget Burns 30M BGB Worth $138 Million for Q2 2025 VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is set to burn 30,001,053.1 BGB (2.56% of total supply) tokens for the second quarter of 2025, equivalent to approximately $138 million based on the Q2 2025 average price. This brings the total burn for the first half of the year to over 5% of the total supply of the BGB token, based on Bitget’s strategy of growing the native ecosystem token. BGB has emerged