Bybit’s SHIB Reserve Verification Boosts Market Confidence as Traders Explore Remittix
The cryptocurrency market witnessed significant developments on September 26, 2025, as Bybit's verification of 3 trillion SHIB tokens in reserve brought renewed stability to Shiba Inu, while utility-driven project Remittix gained traction among savvy traders seeking cross-border payment solutions. Bybit's transparent proof-of-reserves audit has demonstrated substantial institutional backing for SHIB, currently trading at $0.00001231, providing investors with increased confidence in the meme coin's long-term viability. This verification process marks a crucial step in establishing credibility for meme coins within mainstream cryptocurrency exchanges. Meanwhile, market attention is shifting toward Remittix (RTX), which offers practical blockchain solutions for international payments. The project's utility-focused approach contrasts with meme-driven assets, appealing to traders looking for fundamental value propositions. This dual market movement highlights the evolving cryptocurrency landscape where established meme coins gain institutional validation while innovative utility tokens capture investor interest. Bybit's role in verifying SHIB reserves underscores the exchange's commitment to transparency and market stability, potentially setting a new standard for other exchanges to follow. As traders diversify their portfolios between proven assets like SHIB and emerging projects like Remittix, the market demonstrates both maturation and continued innovation in the blockchain space.
Crypto Trader Shifts Focus from SHIB to Remittix Amid Market Trends
Shiba Inu (SHIB) gains renewed market confidence as Bybit verifies 3 trillion tokens held in reserve, signaling stability for the meme coin. Trading at $0.00001231, SHIB's transparency through proof-of-reserves has reassured investors about its long-term viability.
Meanwhile, attention pivots to Remittix (RTX), a utility-driven project offering cross-border payment solutions. Savvy traders are increasingly favoring RTX's real-world applications over meme coin speculation, marking a potential shift in market dynamics.
Bybit's Crypto Insights Report Highlights Ethereum's Key Levels and Institutional Demand
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Crypto Insights Report focusing on Ethereum (ETH). The report outlines critical technical levels and institutional trends shaping ETH's trajectory as it consolidates near $4,218, within striking distance of its all-time high of $4,867. Ethereum's 63% year-to-date return continues to outpace broader markets.
The $5,000–$5,500 zone emerges as a pivotal psychological and technical threshold, with analysts projecting medium-term targets between $6,700 and $10,000 contingent on ETH/BTC performance and macroeconomic conditions. Declining exchange reserves signal growing institutional demand, potentially creating a supply squeeze.
Bybit's 1H 2025 Report Highlights Resilience and Innovation Amid Cyberattack
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its 1H 2025 Half-Year Report, showcasing its ability to navigate a $1.4 billion cyberattack by the Lazarus Group. The exchange not only protected user funds but also expanded its market leadership with AI-driven tools and regulatory advancements.
Key metrics include 70 million registered users, zero client fund losses, and the recovery of $29.7 million through the LazarusBounty initiative. Bybit's BTC market depth rebounded to $13 million per day within 30 days, underscoring its liquidity resilience. The launch of TradeGPT, an AI trading assistant, has attracted over 5 million users.
Ethereum Outshines Bitcoin as ETF Inflows Fuel Rally
Ethereum's surge to fresh all-time highs has shifted market focus away from Bitcoin, with spot ETH ETFs attracting $2.9 billion in weekly inflows—surpassing Bitcoin's figures. Lennaert Snyder, a crypto analyst at Bybit, attributes 60-70% of ETH's price movement to institutional ETF demand, while 30-40% stems from organic growth in staking and DeFi activity.
On-chain metrics reveal robust fundamentals: bridge inflows and expanding stablecoin supply signal thriving DeFi ecosystems. "The stablecoin pipeline is widening," Snyder noted, highlighting Ethereum's dual appeal as both a speculative asset and utility network.
Institutional preferences appear to be pivoting, with ethereum emerging as the new darling of capital allocators. This tectonic shift underscores how crypto markets are maturing beyond Bitcoin's shadow.
Bybit EU Adopts Nasdaq’s Market Surveillance Platform to Reinforce Compliance with MiCAR
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has integrated Nasdaq's Market Surveillance platform to enhance compliance with the EU's Markets in Crypto-Assets Regulation (MiCAR). The institutional-grade technology will bolster market integrity and detect potential abuse across Bybit's European operations.
The modular architecture of Nasdaq's platform ensures scalability as Bybit EU expands, enabling rapid adaptation to local regulatory requirements. Mazurka Zeng, Managing Director and CEO of Bybit EU, emphasized the partnership's role in delivering secure and transparent digital asset trading.
MiCAR's stringent surveillance and reporting mandates are driving crypto exchanges to adopt advanced solutions. Bybit's MOVE signals a broader industry shift toward institutional-grade compliance frameworks.
Bybit EU Teams Up with Nasdaq for Real-Time Crypto Market Surveillance
Bybit EU has integrated Nasdaq's Market Surveillance platform to enhance compliance with Europe's MiCAR regulations. The partnership aims to detect and prevent market abuse, fostering a transparent and secure trading environment.
Nasdaq's technology provides real-time monitoring of billions of transactions, bridging the gap between crypto markets and traditional finance standards. Bybit CEO Mazurka Zeng reaffirmed the exchange's commitment to investor protection and market integrity.