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Since mid-January, users have continuously deposited more than $2 billion worth of Bitcoin per day, establishing a new record for total deposits of $2.46 billion, as of data collected by the analytical firm Glassnode in February 2024.While Bitcoin hits $68,000 reaching its all-time high, crypto exchanges have been reported to receive and outflow approximately 78% of all economic on-chain volume according to the same source.
BGB functions as a utility token within the Bitget ecosystem -—one of its main utilities for the platform’s traders serves as a discount on transaction fees and access to exclusive privileges."We are thrilled to witness Bitget's unprecedented growth of surpassing 25 million users, a clear testament to the trust and confidence the global crypto community places in us.
The top five tokens PIXEL, GDP, ALT, GTAI, FIRE and ZETA had extraordinary success as a result of this expansion, with price increases of more than 1,000%. The crypto exchange has previously released market performance on its early listed tokens, some of which experienced a three-digit growth.Stablecoin Standard and Aleph Zero Announce Strategic Partnership to Facilitate the Future of On-Chain Commerce