[PRESS RELEASE – Mahe, Seychelles, April 29th, 2025]

BitMEX, the safest crypto derivatives exchange, today announced that all active users on its platform can enjoy zero-fee Bitcoin spot trades placed from now until the price of Bitcoin hits the $100,000 mark.

With many predicting that Bitcoin’s price will rally back to the $100,000 range by mid-2025, BitMEX has introduced the promotion to help its traders leverage current prices before it increases. Any user on the BitMEX platform including new, returning, and existing traders – will be eligible to participate in the campaign until the day Bitcoin’s price hits $100,000.

Traders will receive the offer via a trading fee rebate of up to 1,000 USDT, which will be deposited to their BitMEX wallets within seven days of the campaign’s completion. More information on the campaign and its terms and conditions can be found here.

Furthermore, new and returning traders on BitMEX can also enjoy fee-free trading on 17 different spot pairs including ETH/USDT, BMEX/USDT, SOL/USDT, XRP/USDT, STLS/USDT, APE/USDT, and more. Users can leverage the offer until 23 May 2025. More details on the fee-free spot trading campaign can be found here.

About BitMEX

BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, users can visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, users can contact press@bitmex.com.

[PRESS RELEASE – Dubai, UAE, April 28th, 2025]

Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one.

Solstice Labs, an onchain asset manager backed by $1 billion digital asset investment firm Deus X Capital, today announced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL), providing users access to institutional-grade returns through automated delta-neutral trading strategies.

Designed for both institutions and everyday users, USX is a synthetic stablecoin optimized for performance on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a 3-year track record showing 19.2% average over the last 12-months and protected by a dedicated insurance fund.

“We’ve seen the same dynamic repeat in crypto: DeFi yields are constantly over-engineered, opaque or reserved for institutional players,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed at its core to change this by simplifying competitive yields in a transparent and sustainable way. All stablecoin users should have the opportunity to capture the yield that larger protocols keep to themselves while not giving up utility in the base asset. That’s the promise of DeFi, and that’s what we’re building at Solstice.”

The Solana Stablecoin for Everyone

Solana has quickly emerged as one of the fastest-growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months, at the time of publication. But while the chain has become a hub for stablecoin velocity, especially in MEV, arbitrage, and orderbook-style trading, it still lacks a dominant Solana-native stablecoin built for yield.

USX is designed to fill that gap, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new onchain capital via yield-native stable assets.

USX’s launch is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding the stablecoin’s utility across both centralized and decentralized exchanges.

Built by the Team Behind Solstice Staking

USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG, after a recent acquisition. Solstice Staking is one of the most trusted staking operations in the industry, currently securing:

• $1B+ in staked assets
• 9,000+ validator nodes
• 100% renewable energy-powered infrastructure
• 99.99% uptime for institutional reliability

With a track record rooted in stability, Solstice is now focused on creating the next evolution of DeFi; one where transparency, performance, and access go hand in hand.

Coming Summer 2025

USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io. Meet the team this week in Dubai during Token2049 at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.

About Solstice Labs

Solstice Labs AG, a Deus X Enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the onchain era. Solstice’s Protocol leverages a registered approved manager to offer institutional-grade products to investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields.

Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes.

Users can learn more at https://solsticelabs.io and follow @solstice_io.

About Deus X Capital

Deus X Capital is a specialist investment and operating company focused on private equity, venture capital, and venture build opportunities in the capital markets, fintech, and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector.

TL;DR

• A popular analyst suggests that if Dogecoin (DOGE) closes April above $0.20, it might ignite strong bullish momentum.
• With Elon Musk dampening hopes for government-driven adoption, attention has shifted to the potential approval of a spot DOGE ETF, which could boost demand for the asset.

Time for Another Bull Run?

The OG meme coin saw its price rise by 12% in the past week, briefly exceeding $0.19. The uptick garnered the attention of numerous market observers, some of whom predicted much more impressive gains for the near future but under certain conditions.

The renowned analyst Ali Martinez believes Dogecoin (DOGE) can explode to its all-time high of $0.74 if it closes the month above $0.20. 

“Such a breakout would signal strong bullish momentum and potentially attract increased investor interest,” he added.

Trader Tardigrade and Muro also weighed in. The former claimed that DOGE reclaimed the 100 exponential moving average (EMA) “after breakdown” and envisioned a rise to as high as $0.80 in the following months. For their part, Muro believes that DOGE’s possible rally could ignite an altseason:

“Once DOGE starts pumping, it would be the official signal for a legit altseason, it’s always been the altseason indicator.”

Waiting for This Catalyst

After the disappointment faced after Elon Musk’s rather controversial and somewhat failed attempt to really cut down on excessive government spending, an agency that has DOGE’s name in it, the Dogecoin community has started to look for other catalysts that could act as price boosters. One example is the potential approval of a spot DOGE ETF in the United States. 

Grayscale, Bitwise, and Osprey Funds are among the companies racing to launch this kind of product. The chances of a green light before the end of 2025 have been rising lately, currently standing at around 58% (per Polymarket’s data). 

This type of investment vehicle will offer people the chance to gain exposure to Dogecoin without having to purchase the cryptocurrency directly. As a result, it could attract additional investors and inject fresh capital into the ecosystem.