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Coinbase Raises $1 Billion in Convertible Notes

Coinbase's Bold Move: Raising $1 Billion in Convertible Senior Notes In an audacious financial maneuver, Coinbase, the leading digital asset exchange in America, has announced a private offering aimed at raising $1 billion through convertible senior notes. This strategic decision not only underscores the growing confidence in the cryptocurrency market but also showcases the exchange's ambition to further solidify its position within the industry. Coinbase Stock Performance As of the latest trading session, Coinbase's stock, designated as COIN on the Nasdaq, experienced a notable uptick of 3%, bringing the share price to $263.86. Here’s a brief overview of its recent performance: Previous Close : $256 on Tuesday Intraday High : Surged above $268 on Wednesday morning Month-to-Date Growth : Nearly 90% Recent Peak : Reached its highest price since 2021 at $271.65 earlier this week The robust performance of COIN illustrates investors' renewed interest in crypt...
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Produced by Daniel Aharonoff & Mogul Media AI

Bybit Card Launches Exciting Rewards Program for Crypto Card Holders

As cryptocurrency continues to gain popularity and widespread adoption, cryptocurrency exchange Bybit has launched an enticing rewards program for its Bybit Card. This new program is designed to attract holders of other crypto cards and incentivize them to make the switch to Bybit Card. With a range of bonuses and benefits on offer, Bybit is positioning itself as a top choice for crypto card users.

Rewards Program Details

The Bybit Card rewards program is offering the first 10,000 users up to $25 in card bonuses for crypto card holders who choose to switch to Bybit Card. Here are the key details of the rewards program:

  1. Application Bonus: Users who apply for a Bybit Card through the landing page will receive $10 for a successful application.

  2. Transaction Bonus: After the first successful transaction with the Bybit Card, users will unlock an additional $5.

  3. Deposit Bonus: Depositing at least $100 for the first time on the Bybit exchange will unlock an additional $10.

  4. Referral Program: Bybit Card also offers a referral program. Referrers will receive a 20 USDT airdrop for each referral after their first transaction, while referees will get 10 USDT after their first transaction.

  5. VIP Tier Benefits: Referring new users also unlocks VIP tier benefits. VIP1 card benefits are unlocked after five referrals, VIP2 after 20 referrals, and VIP3 after 50 referrals. VIP card benefits include escalating tiers of reward points and a higher reward points cap.

  6. Trading Pack and Social Media Pack: VIP users also enjoy access to rebates through the Trading Pack and Social Media Pack. The Trading Pack offers rebates on subscriptions to professional trading tools, while the Social Media Pack offers rebates on subscriptions to Telegram Premium and X Blue.

Bybit Card Features

The Bybit Card is a crypto debit card that enables users to spend funds directly from their Bybit account in any location where Mastercard Debit is accepted. Here are some notable features of the Bybit Card:

  1. Supported Cryptocurrencies: The Bybit Card supports popular cryptocurrencies such as Bitcoin, Ethereum, XRP, and the USDT and USDC stablecoins.

  2. No Fees: The Bybit Card offers benefits such as no annual, inactivity, or card cancellation fees, providing users with a seamless and cost-effective experience.

  3. ATM Withdrawals: Cardholders can make ATM withdrawals of up to $2,000, ensuring convenient access to their funds.

With its attractive rewards program and a range of benefits, the Bybit Card is positioning itself as a leading option for crypto card users. Bybit's commitment to providing a user-friendly and rewarding experience sets it apart in the competitive cryptocurrency exchange market. Whether you're a seasoned cryptocurrency enthusiast or a newcomer to the industry, the Bybit Card offers a convenient and rewarding solution for managing and spending your digital assets.

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