[PRESS RELEASE – VILNIUS, Lithuania, July 4th, 2025]

BTCC, one of the world’s longest-operating cryptocurrency exchanges, today announced exceptional Q2 results for 2025, with total trading volume surpassing $957 billion and user base expanding to over 9.1 million globally. The milestone quarter was highlighted by BTCC’s 14th anniversary celebration in June.

Q2 Trading Volumes Surge with Strategic Product Expansion

BTCC’s remarkable $957 billion total trading volume comprised $107 billion in spot trading and $850 billion in futures trading, representing substantial growth from Q1’s $815 billion. The exchange strategically expanded its futures offerings by listing trending coins, including HUMA (Huma Finance), PLUME (Plume), and RESOLV (Resolv), while breaking new ground in tokenized assets by adding POPMART tokenized stock, a booming Hong Kong-listed company famous for its viral Labubu collectibles.

“Q2 2025 showed the resilience and maturity of both our platform and the broader crypto ecosystem,” said Alex Hung, Head of Operations at BTCC. “Even with market fluctuations, we achieved exceptional performance with over 9.1 million registered users now trusting our platform while staying committed to user protection.”

Beyond trading volume growth, BTCC reinforced its commitment to user safety by strengthening its Risk Reserve Fund with an additional $1.8 million, bringing the total to over $16.8 million.

Enhanced Transparency with Monthly Proof of Reserves Reports

In addition to strengthening security measures, BTCC took a major step forward in transparency by releasing monthly Proof of Reserves reports throughout Q2. The total reserve ratio across major currencies, including BTC, ETH, XRP, USDT, USDC, and ADA, consistently exceeded industry standards, with April reaching 161%, May maintaining 152%, and June achieving 135% — all significantly above the 100% industry benchmark.

Upgraded Demo Feature and Anniversary Milestone

Complementing its transparency efforts, BTCC enhanced its beginner-friendly platform with an upgraded demo trading feature that allows users to self-service top-ups of up to 500,000 USDT per week for expanded practice trading opportunities.

Building on these user-focused improvements, June 2025 marked BTCC’s 14th anniversary, a milestone celebrated with the launch of the platform’s first-ever user badge program featuring the exclusive “14 Years of Momentum” badge. Badge holders can enjoy ongoing exclusive benefits, including airdrops, special campaigns, and community recognition.

“Our 14th anniversary celebration was particularly meaningful as it honored users who have trusted us through various market cycles,” said Alex Hung. “The badge program is our way of giving back to the community that has been with us on this incredible journey.”

Global Community Engagement Takes Center Stage

Extending beyond the platform, BTCC brought the crypto community together offline with a major presence at TOKEN2049 Dubai as gold sponsor in April, hosting an exclusive desert safari tour and a VIP yacht party featuring top crypto influencers.

The exchange also demonstrated its commitment to social responsibility by partnering with Red Eagle Foundation to facilitate Bitcoin donations at the Legends Golf Day charity event in April.

Strategic Roadmap for Continued Excellence

Building on Q2’s achievements, BTCC plans to launch a comprehensive Trading Info Center in Q3, with the Quick Updates section going live in July. The exchange is also advancing its Futures Pro platform, currently in beta, with plans to roll out additional features and system optimizations.

“Our upcoming Trading Info Center represents our commitment to user-centric services, providing users with the tools they need to navigate this dynamic market successfully,” said Alex Hung. “As we enter the second half of 2025, BTCC remains committed to platform enhancement while maintaining the trust and security standards that have defined our 14-year journey.”

Looking ahead, BTCC is preparing for major community engagement initiatives, including an offline summer festival in Japan and a strategic athlete sponsorship scheduled for August 2025.

As BTCC continues to evolve and adapt to the changing cryptocurrency landscape, the exchange remains steadfast in its mission to provide secure, reliable trading services that aim to empower users to succeed in their crypto trading journey.

About BTCC

Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

Website: https://www.btcc.com/en-US

X: https://x.com/BTCCexchange

Ethereum remains range-bound between the 100-day and 200-day moving averages, signalling a consolidation phase.

However, a decisive breakout in either direction will likely define the next major trend, with market sentiment leaning toward a potential bullish breakout in the coming days.

By Shayan

The Daily Chart

ETH is currently consolidating between the 100-day and 200-day moving averages, entering a decisive phase in its price action.

After breaking above the pivotal 200-day MA around $2.5K, an area that has acted as strong resistance in recent weeks, the price has pulled back to retest this level. This pullback is crucial: if bullish demand resurfaces and holds ETH above this moving average, it would likely ignite another leg upward, targeting the $2.8K resistance zone.

For now, the cryptocurrency appears to be range-bound between $2.5K and $2.8K, and a clear breakout from this zone will likely set the stage for the next significant trend direction. Market participants are closely watching for a bullish continuation, which could solidify ETH’s reversal structure.

The 4-Hour Chart

On the lower timeframe, ETH’s recent rally encountered resistance at a key bearish order block between $2625 and $2670, where sellers re-entered the market. This rejection has pushed the price back toward the $2.5K support level, a historically significant zone for ETH.

This area now serves as a crucial battleground. If buyers manage to defend it, Ethereum could regain momentum and reattempt a breakout above the overhead supply.

However, failure to hold $2.5K could trigger extended consolidation or even a retracement toward lower supports.

By Shayan

The funding rate remains a key indicator of market sentiment in Ethereum’s futures market. In a healthy uptrend, this metric typically trends upward, reflecting increasing confidence and positioning from long-biased traders in both spot and perpetual markets.

Currently, however, ETH’s funding rates have been declining amid price consolidation between the 100-day and 200-day moving averages. This suggests reduced bullish conviction and signs of buyer exhaustion, raising the likelihood of continued short-term sideways movement.

For Ethereum to break above the critical $2.6K and $2.8K resistance zones, stronger demand must flow into the derivatives market, lifting the funding rate to more positive levels. Until that shift materializes, the consolidation phase is likely to persist.

This acquisition from Nano Labs comes following their accumulation of Bitcoin, which is also part of their corporate treasury.

According to the most recent data from BitcoinTreasures, the company has exactly 1,000 BTC stashed, ranking it 31st in the list of corporate treasuries holding the leading asset.

A New Crypto Asset For Corporate Treasures

Nano Labs Ltd., a Chinese company specializing in the production of mining chips and Web3 infrastructure, which is publicly traded on the NASDAQ, has shared a press release stating that it has purchased 74,315 Binance Coin (BNB).

The price per coin averaged $672.45, and the total transaction is valued at about $50 million.

The native token of the leading crypto exchange is currently the fifth-largest by market cap, according to current CoinGecko data, hovering around the $100 billion mark.

CryptoPotato recently reported on Nano Labs’ intention to acquire BNB through a $500 million convertible note deal.

Encouraging the initiative, Binance founder Changpeng Zhao (CZ) disclosed that neither he nor any of his affiliates took part in the fundraiser, though he “remains extremely supportive.”

The company also plans to apply for a stablecoin license in Hong Kong and has specifically mentioned building regulatory frameworks for BTC & BNB.

With this purchase, their total reserve of digital currencies is around the $160M mark, which includes Binance Coin and Bitcoin.

This makes Nano Labs the first publicly traded company to hold BNB in its reserves, but others are also following suit.

Before the end of last year, the company also announced that it had begun accepting payments in Bitcoin.

“Nano Labs’ acceptance for payments in Bitcoin aligns with its long-term vision of staying at the forefront of technology advancements and delivering added value to clients worldwide. With this new capability, the Company is positioned to attract a broader range of partners and customers who value progressive financial options.”