Former CEO of world's largest exchange Changpeng Zhao just got $1 million in crypto, and here's what he's doing with it
Bybit has managed to replenish nearly 50% of its Ether reserves just two days after suffering a $1.4 billion hack —the largest cryptocurrency theft in history. On Feb. 21, the exchange lost over 439,000 ETH along with liquid-staked tokens like Mantle Staked ETH (mETH) in an exploit that shocked the crypto industry. However, data from CryptoQuant shows that Bybit’s ETH reserves have bounced back to 201,600 ETH, up from the post-hack low of just 61,000 ETH. A significant portion of this recovery came from spot purchases, with Bybit acquiring over 106,498 ETH worth approximately $295 million in over-the-counter (OTC) trades, according to blockchain intelligence firm Lookonchain. Crypto Exchanges and Whales Step In Bybit’s rapid recovery wasn’t just due to its own efforts—major players across the industry stepped up. Several crypto exchanges and whales provided emergency liquidity to the embattled platform, demonstrating a rare show of solidarity in a fiercely competitive market. According to Lookonchain, Bybit received: 50,000 ETH from Binance 40,000 ETH from Bitget 10,000 ETH from Du Jun, co-founder of HTX Group $390 million worth of Ether in loans and deposits, including $127 million from Binance-based whales Despite the staggering scale of the attack, Bybit’s ability to process 350,000 withdrawal requests within 10 hours— completing 99.9% of them—helped reassure its users and prevent a liquidity crisis. Investigators Trace Attack to Lazarus Group As Bybit works to rebuild its reserves, blockchain security experts have been working to unravel how the attack happened. Analysts, including Arkham Intelligence and onchain sleuth ZachXBT, have linked the breach to North Korea’s Lazarus Group—a notorious hacking syndicate responsible for the $600 million Ronin network hack and several other high-profile crypto thefts. According to Meir Dolev, CTO of Cyvers, the attack bears similarities to past exploits, including those targeting WazirX ($230M) and Radiant Capital ($58M). The hackers reportedly used a deceptive transaction to trick Bybit’s signers into unknowingly approving a malicious smart contract change, effectively granting them control over the exchange’s multisig cold wallet. Despite the blow, Bybit’s proof-of-reserves auditor, Hacken, confirmed that user funds remain fully backed, reinforcing confidence in the platform’s solvency. While the full impact of the attack is still unfolding, Bybit’s rapid recovery marks a crucial test of resilience for both the exchange and the broader crypto ecosystem. The post Bybit Recovers Nearly Half of Lost Ether Reserves appeared first on TheCoinrise.com .
Cardano is trading above key demand levels after experiencing a volatile Friday. The market reacted sharply to the news of Bybit’s $1.4 billion hack, causing widespread fear and uncertainty. Prices across the crypto market, including Cardano, dropped from local highs, testing critical support levels. ADA fell over 7% on Friday as panic-driven selling took hold, but the market has since stabilized as Bybit reassured investors with a strong response. Related Reading: Bitcoin Faces Serious Price Compression – What Happened Last Time Despite the short-term volatility, analysts remain optimistic about ADA’s next move. Top analyst Ali Martinez shared a technical analysis on X, revealing that Cardano remains in a consolidation phase and is setting up for a potential 25% price move. Historically, consolidation at key demand levels has led to strong breakouts, and if ADA maintains support above its current range, a bullish move could follow. Investors are closely watching the price action as ADA continues to trade within a tight range. If bullish momentum builds, a breakout could send Cardano toward higher supply zones, confirming a new upward trend. However, if market sentiment weakens, a deeper retrace into lower demand levels may occur. The next few days will be crucial in determining Cardano’s short-term direction. Cardano Holds Key Demand Amid Uncertainty Cardano is holding above key demand levels amid recent uncertainty and fear triggered by Bybit’s hack. The event shook the market, causing a wave of selling pressure that pushed most altcoins, including ADA, into low demand levels. The extreme selling pressure that began in late December remains a concern for investors, as volatility continues to dominate price action. Despite this, ADA has managed to maintain its position above critical support zones, fueling speculation about a possible recovery. Bulls are growing increasingly cautious as ADA struggles to reclaim key supply levels. Many investors remain hopeful that the current consolidation phase will lead to a breakout. Martinez’s analysis on X suggests that Cardano remains in consolidation and could be setting up for a potential 25% price move. Historically, periods of extended consolidation at major support levels have led to explosive rallies, and ADA’s current positioning could indicate a major move is on the horizon. If Cardano successfully reclaims key supply levels and pushes above resistance zones, a massive recovery rally could follow, propelling prices toward multi-month highs. However, losing its current demand zone could trigger a significant correction, further extending ADA’s downward trend. The next few days will be crucial in determining the direction of Cardano’s price action. Related Reading: Cardano Must Hold Critical Support Around $0.67 To Sustain Bull Run – Details ADA Prepares For A Move Cardano (ADA) is trading at $0.76 after failing to reclaim the $0.82 mark for the second time. The price has been struggling to gain momentum, with selling pressure keeping it below key resistance levels. Bulls need to push above $0.82 and hold it as support to establish a foundation for higher prices. If ADA successfully reclaims this level, the next key target is $0.85, which aligns with the 4-hour 200 moving average, a critical indicator for short-term strength and momentum. For ADA to confirm a bullish recovery, buyers must defend the $0.73 level over the coming days. Holding above this level will demonstrate strength and allow the price to build a base for a potential rally. However, if Cardano fails to hold above $0.73, further downside could be expected, with the risk of a drop into lower demand zones. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore Investors remain cautious as ADA continues to trade within a tight range, and a breakout in either direction could set the stage for the next major move. If bulls manage to reclaim key resistance levels, a strong recovery rally could follow. However, failure to break above resistance could keep ADA trapped in consolidation for an extended period. Featured image from Dall-E, chart from TradingView
SUI's daily active addresses have surged to hit a 3 months high of 1.4 million.
Bitcoin (BTC) has steadied itself between $96,000 and $96,500 following a substantial decline after Bybit, one of the most prominent cryptocurrency exchanges, was hacked for a staggering $1.4 billion. The flagship cryptocurrency has registered a marginal increase over the past 24 hours and is trading at $96,390. BTC has been range-bound for weeks. However, spot Bitcoin ETFs have continued to attract inflows. ETFs have attracted inflows of $4.3 billion in Q1 2025, compared to $4.8 billion in Q1 2024. Is BTC’s Dip A Chance For Retail Investors? Bitcoin (BTC) has registered a sharp correction since hitting its all-time high on January 20. However, the flagship cryptocurrency could not sustain momentum, ultimately dropping below $100,000 as it tested key support levels. BTC is currently trading 12% lower than its all-time high. BTC’s drop has retail traders wondering if they should buy the dip or wait for a deeper correction. BTC has entered a consolidation phase after its impressive post-election rally. Analysts believe the current price action indicates a pause before the next leg of the bull rally. Edu Patel, Founder and CEO of Mudrex, stated, “While macroeconomic data and rising tariffs have caused short-term volatility, promising new developments in regulation and adoption, such as the SEC’s crypto task force and new ETFs awaiting approval, signal there could be a lot of steam left in this bull run.” According to Patel, retail investors must take advantage of this current consolidation phase and buy the dip. “With Bitcoin holding strong at key support levels, market pullbacks offer opportunities for dollar-cost averaging.” However, not everyone is convinced this is the right time to enter the market. According to Shivam Thakral, CEO of BuyUcoin, investors must conduct their research and assess their risk tolerance before making any moves in the market. “The current market conditions are marked by volatility and driven by macroeconomic factors and regulatory uncertainties. While some may view this dip as a buying opportunity, investors must conduct thorough research and assess their risk tolerance before making any decisions.” Amit Malik, President of JAPA (Japan, Asia Pacific, and Australia) at Wadzpay, warned retail investors against making impulsive decisions. “Historically, buying the dip has proven profitable for fundamentally strong cryptos like Bitcoin and Ethereum, which tend to rebound after corrections. However, prices could fall further due to regulatory changes or macroeconomic events.” Can A Strategic Bitcoin Reserve Pay Off US Debt By 2049? VanEck has released a tool that assesses the potential impact of a Strategic Bitcoin Reserve under specific conditions. The tool allows the government to set the number of Bitcoins purchased annually, the average price at which they are being bought, and the average compound growth rate of the BTC price and US debt. The tool is based on VanEck research outlining how soon the debt could be offset by the reserve at the specified parameters. The research assumes the Bitcoin Act will be adopted this year. The research assumes the US Treasury will collect a million Bitcoins in five years and hold them for 20 years, with the assets only being spent to cover the national debt. VanEck’s research concludes the US will amass 1 million BTC by 2049, with their total value amounting to $21 trillion, which would offset around 18% of the national debt, which is expected to reach $116 trillion by 2029. Bitcoin (BTC) Price Analysis Bitcoin (BTC) could be approaching a decisive moment, with a potential breakdown of key support levels after weakening buying pressure. According to one analysis, BTC’s support zone at $93,000 has been tested multiple times since BTC began trading in its consolidation range. The analysis states that multiple retests could have weakened the support zone, and buyers could be overwhelmed. The latest retest of BTC’s support level occurred on February 18, when BTC dropped to an intraday low of $93,430 before recovering. With buying pressure fading, the likelihood of a drop below this level has increased. A break below this level could lead to a deeper correction and lead BTC to drop below $80,000. BTC’s next significant level of support sits at $72,000. However, BTC has not shifted into a fully bearish mode, with current price action suggesting indecision. This means it could resolve either way. If BTC dips below $93,000 and then $90,000, it could lead to a deeper correction. On the other hand, if buyers gain momentum, BTC could push above $100,000. However, BTC is struggling to build momentum, with sellers controlling the ongoing session. BTC needs significant buying and selling pressure to break out of range. However, there is no catalyst to dictate price action, with the fallout from the Bybit hack largely contained. BTC started the week in the red after dropping 1.51% on Sunday. Sellers retained control on Monday, with the price falling below $96,000 to settle at $95,767. Selling pressure intensified on Tuesday as BTC plunged to an intraday low of $93,430. However, it recovered from this level to reclaim $95,000 and settle at $95,643, ultimately registering a marginal drop. Sentiment changed on Wednesday as buyers returned to the market, and BTC rose nearly 1% to reclaim $96,000 and settle at $96,386. Bullish sentiment intensified on Thursday as BTC registered an increase of almost 2% and settled at $98,251, with analysts expecting a move towards $100,000. Source: TradingView That expectation changed on Friday following the Bybit hack that sent shockwaves in the market, with prices tanking. As a result, BTC faced significant volatility and fell to an intraday low of $94,829 before settling at $96,184, a drop of just over 2%. Saturday saw a marginal recovery as BTC rose to $96,478. However, the price fell back during the current session, down 0.53%, and trading at $95,659. If buyers cannot retake control, the MACD, currently bullish, could flip to bearish. Meanwhile, the RSI is just below the neutral zone, indicating a bearish bias. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
In an ambitious stride towards the future, Somnia has unveiled the Shannon Testnet , marking a significant milestone in its journey to full mainnet deployment. This development follows an exceptionally successful DevNet phase, which set the stage with remarkable achievements in transaction processing capabilities. Paying homage to Claude Elwood Shannon, the Testnet not only carries his name but also his legacy of pioneering progress in information theory. It provides a dynamic sandbox for users eager to harness a high-speed, scalable blockchain environment for their ambitious projects. Through rigorous real-world testing, users will explore new dimensions of digital innovation. DevNet success has underscored the efficacy of the Somnia blockchain, achieving a throughput of over a million transactions per second, with unprecedented transaction finality and minimal costs. These advances highlight Somnia's readiness to tackle large-scale, real-world application demands. Innovative Features Transforming the Shannon Testnet Somnia is reshaping blockchain capabilities with Shannon’s innovative features. At the heart of its transformation is the MultiStream consensus model, along with key technological upgrades like sequential execution and advanced compression methods. The MultiStream consensus stands as a groundbreaking approach, propelling the blockchain's scalability by enabling the simultaneous processing of transactions. This innovation eliminates traditional bottlenecks, allowing each validator to manage its data independently while a unified consensus chain orchestrates the network. “Shannon Testnet is the proving ground for a fully on-chain future. With 1M+ TPS, sub-second finality, and MultiStream Consensus, developers can build without limits, and millions of users can experience blockchain at true internet scale,” Somnia founder Paul Thomas said. Moreover, the Testnet introduces accelerated sequential execution that maximizes performance by converting bytecode to optimized native code, enhancing single-core output without typical bottlenecks. The introduction of IceDB, a custom database, promises swift read/write operations, ensuring seamless transaction processing and precise fee calculations. These advancements are complemented by novel compression techniques that drastically reduce bandwidth needs, paving the way for a truly scalable environment capable of handling millions of transactions. Paving the Path to Future Blockchain Innovations As third-party validators integrate and staking mechanisms become active, the Shannon Testnet will strengthen its network, fostering greater security and decentralized operations. Developers are empowered to create without the burden of state wipes, ensuring consistent and predictable outcomes. This robust infrastructure is poised to ignite growth across the ecosystem as developers leverage the Testnet to test and deploy innovative applications. The Shannon Testnet holds potential to inspire real-world applications, spanning from reactive decentralized applications to immersive on-chain gaming, scalable financial services, and vibrant social platforms and metaverses. Anticipating the Future Equipped with cutting-edge infrastructure, Somnia’s Shannon Testnet is positioned to become a cornerstone for blockchain development. It offers the technological ecosystem necessary for developers to rapidly build and scale their projects. As developers are invited to engage with the Testnet, optimize applications, and pressure-test the network, Somnia's infrastructure continues to evolve towards a comprehensive mainnet launch. The journey of the Shannon Testnet signifies a pivotal step toward realizing a fully operational, scalable, and accessible blockchain environment.
The testnet launch follows the successful completion of the DevNet, which saw over 3.6 million transactions across 300,000+ unique addresses completed. Somnia , a cost-efficient EVM-compatible Layer 1 blockchain, has announced the launch of the Shannon Testnet , as it prepares for the upcoming mainnet launch. The blockchain, which aims to offer faster transaction speeds and higher scalability, will offer Web 3 users a real-world testing ground for their next-generation platform, starting today. The Shannon Testnet is named after Claude Elwood Shannon, the father of information theory, and will offer a testing ground for users to build applications on a high-speed, scalable and cost-efficient platform. In addition, the Testnet also introduces new features and innovations to make development more efficient on the platform. Some of the innovations include the MultiStream consensus, advanced compression techniques and sequential execution. The launch of the Shannon Testnet follows a successful DevNet performance, with the Somnia blockchain recording 1 million+ transactions per second (TPS), showing its capability to finalize huge volume transactions. Moreover, the DevNet also achieved sub-second finality and ultra-low transaction fees, proving its ability to handle real-world demand. The Shannon Testnet aims to improve the blockchain through rigorous testing by users and developers. It is designed to test congestion resistance and give developers the infrastructure to deploy applications at high scalability to millions of users. Shannon is designed to simulate real-world conditions, ensuring blockchain applications can function at a mass scale. Shannon Testnet Introduces New Innovations and Features As alluded to, Somnia will be bringing massive changes to the Shannon Testnet, introducing powerful groundbreaking innovations. The Testnet will be powered by several technologies, including the MultiSream consensus, sequential execution, deterministic databases, and advanced compression techniques. The MultiStream consensus aims to provide the backbone of high-performance scalability on the blockchain. This consensus revolutionizes blockchain scalability, allowing parallel execution of transactions without network slowdowns. This model enables each validator to be responsible for adding data to its chain without needing consensus checks at the individual level. Instead of a universal chain, these individual data chains function separately, while a “consensus chain” brings them together. This allows the chain to offer sub-second finality, high TPS and sub-cent transaction fees. “Shannon Testnet is the proving ground for a fully on-chain future. With 1M+ TPS, sub-second finality, and MultiStream Consensus, developers can build without limits, and millions of users can experience blockchain at true internet scale,” Somnia founder Paul Thomas said. Other additional innovations include accelerated sequential execution, which converts EVM bytecode into highly optimized native code, delivering single-core performance without runtime interpretation bottlenecks. Also, Shannon Testnet introduces the IceDB, a custom-built blockchain database that provides nanosecond-level read/write speeds, ensuring consistent transaction finalization and accurate gas fee estimation. Finally, developers on Shannon will also enjoy advanced compression techniques, reducing the bandwidth requirements through streaming compression algorithms, enabling scalability for millions of transactions per second. These innovations aim to offer developers a robust, fast, scalable and cost-effective environment to build next-generation blockchain applications. Unlocking A New Era For Blockchain Development The Shannon Testnet will enable several users to enjoy greater decentralization as multiple third-party validators join the network and staking protocols go live. This is expected to enhance the robustness of the network and enhance security and resilience. Secondly, the blockchain will remove state wipes, allowing developers to build confidently without the need to redeploy or replay the state. This ensures a more reliable and predictable environment for developers. Also, Shannon Testnet enhances developer readiness by providing the necessary infrastructure and toolkits to build and test applications. As the Testnet gains momentum, the team believes it will spark ecosystem growth as projects onboard to the blockchain, driving up real adoption rates and testing activity. This will unlock new real-world use cases across Somnia including reactive applications (DApps that instantly respond to on-chain events and real-world data), fully on-chain gaming (games with real-time mechanics, instant transactions, and decentralized economies), scalable DeFi protocols, and social platforms and metaverses. Looking Forward Somnia’s Testnet is fully equipped with the infrastructure that developers need to build and scale their applications. Apart from the next-gen features and innovations, the testnet also integrated key infrastructure partners, ensuring seamless development and deployment. With the upcoming robust ecosystem in place, developers can immediately start building without needing to wait for additional integrations. According to the team, the Shannon Testnet launch is the next step towards the mainnet launch – expected later this year. Over the coming months, the Testnet will welcome developers to deploy applications, optimize performance, and stress-test the network, while Somnia continues refining its infrastructure for full-scale adoption.
Singapore, February 23, 2025 – In the wake of the recent $1.5 billion hack affecting a major cryptocurrency exchange, HTX hosted a live discussion on X and its Global Advisor Justin Sun addressed the growing security concerns in the cryptocurrency industry. The discussion, titled “Together Against Industry Crisis, Is There a Best Solution for the Security of the Crypto Industry?” featured insights from leading security firms SlowMist and GoPlus Security, as well as prominent KOLs. Security: A Top Priority for HTX Sun stressed that security is a “top priority”, demanding constant vigilance and learning. He illustrated how hacker tactics have evolved, from early hot wallet attacks to more sophisticated multi-signature wallet breaches, and declared that exchanges must continuously enhance their security protocol. Sun emphasized that security is like personal health management, requiring internal efforts and a proactive approach. HTX has implemented multi-device login, remote login alerts, abnormal transfer alerts, and other security features, and has publicly disclosed Merkle Tree Proof of Reserve (PoR) for 28 consecutive months, maintaining reserve ratios exceeding 100%. Sun’s Influence on Security Practices Across the Crypto Landscape Sun’s commitment to security extends to his vision for HTX and his influential role in shaping security practices across the broader crypto landscape. He believes that the principle of security is considered fundamental to every business and product. He cited the early implementation of native multi-signature functionality in TRON as a successful example of proactive security design, demonstrating his commitment to building security into the foundation of his projects. He also highlighted the recent launch of USDD 2.0, emphasizing the deep understanding of stablecoin security risks that informed its development. “Just as exchanges should strengthen security mechanisms from the source in system design and operation, to maximize the prevention of security incidents,” Sun stated. Sun also revealed that HTX collaborates with numerous white hat teams to conduct continuous penetration testing, security drills, and vulnerability mining. The platform actively monitors global cryptocurrency security incidents and studies hacker attack principles and methods for effective prevention. Addressing the Situation and Industry Cooperation Regarding the controversy surrounding CZ’s suggestion for the affected exchange to suspend withdrawals, Sun acknowledged the validity of the advice from an exchange perspective. He explained that the initial hours after a security breach are crucial for investigating the issue and ensuring safety. While suspending withdrawals is necessary to eliminate risks, the suspension period should be minimized to reduce user impact. Sun called for closer cooperation between exchanges, security agencies, and the community to jointly address hacker threats, promote technological sharing, security innovation, and information exchange, and promote the healthy and sustainable development of the industry. HTX’s Commitment to User Safety HTX demonstrates its commitment to security through a proactive and continuously improving approach. The platform’s multi-faceted security strategy encompasses collaboration with leading security experts, rigorous ongoing monitoring, robust internal protocols, and a focus on enhancing multi-signature support, security alerts, and mitigating emerging threats such as hashtag scams. This comprehensive strategy reflects HTX’s dedication to safeguarding user assets and fostering a secure and reliable trading environment. This commitment was further emphasized by the specific security protocol requirements shared by Justin Sun at the February 21st Meetup in Hong Kong. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services. Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide. For more information on HTX, please visit the HTX Square , or https://www.htx.com/ , and follow X , Telegram , Discord . For further press enquiries, please contact glo-media@htx-inc.com . The post HTX Global Advisor Justin Sun Advocates Crypto Security Collaboration first appeared on HTX Square .
The digital currency world is ever-evolving, and it's important for crypto traders to remain flexible. As cryptocurrency captures the interest of diverse investor groups, having the ability to adapt to ongoing changes ensures one's trading tools remain effective. Considering this dynamic environment, a key consideration for traders is how their crypto trading bots can adapt to future market transformations. Understanding the core elements that will shape future trading success is the first step. While artificial intelligence often comes to mind, it's important to recognize that this technology, although promising, is not yet accessible for widespread, fully autonomous crypto trading. Current advancements in automated trading don't solely rely on AI. Existing bots with sophisticated features are well-equipped to help traders achieve their financial objectives. One aspect worth highlighting is the innovation of automated systems that mimic the anticipated benefits of AI. These systems, such as signals or expert-copy bots, facilitate seamless trade replication from accomplished experts, offering precision without the complexity. However, establishing a signals trading strategy requires meticulous selection of signal providers to ensure alignment with individual trader goals. Exploring various signal channels for effective alerts and strategy design is crucial. Adjustments can always be made to reflect personal risk appetites if required. When preparing for future markets, prioritize versatile options relevant to upcoming trends. Bots adept at navigating both rising and volatile markets will remain valuable. Tailored solutions that allow strategic customization for unique trading goals are crucial for forward planning. In bullish scenarios, dollar-cost-averaging bots, also known as DCA bots, are favoured for their ability to profit from short-term price increases while sidestepping possible corrections. Setting up a DCA bot for preferred cryptocurrencies can be a wise move for optimistic traders. For uncertain, choppy markets, grid bots are ideal for leveraging rapid price changes with intricate trade setups. Given the link between increasing prices and volatility, these bots are poised to remain vital tools in the crypto landscape. Finally, remember that future preparedness begins today. Aligning current strategies with tomorrow's possibilities ensures readiness for any market shifts. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Staying ahead of the curve is a big deal for crypto auto traders. As cryptocurrencies continue to grow in popularity and attract a whole new generation of investors, traders must keep up with the pace of development to ensure that they won’t suddenly find themselves with an obsolete trading solution that’s lost its magic touch. With this promising crypto forecast in mind, the main question that many crypto traders have been asking themselves is how they can ensure that their automated crypto trading bots can successfully deal with whatever the future brings. To answer this question, an excellent place to start is by asking ourselves what features and abilities we expect to be most crucial for success later on. After pondering the last sentence, artificial intelligence likely popped into many of your minds. While there is much anticipation and excitement around the topic, you should focus your efforts elsewhere. For now, this technology is out of reach, and most experts agree that there is still plenty of time before entirely autonomous AI-driven crypto trading will be a viable option available to the general public. With that said, the future of automated crypto trading is by no means reliant on just this one technology. Good crypto trading bots with a wide range of advanced features are already available to help us traders secure our financial future. To begin with, some automated trading tools give us traders the same reliable yet hassle-free approach towards buying and selling cryptos in the way that AI is expected to deliver in the coming years. These crypto bots, most commonly known as signals or expert-copy bots, allow you to automatically copy trades and positions of renowned trading experts with extreme precision. Setting up a signals trading scheme might take a while if done with accuracy in mind. For it to be successful, traders must conduct thorough due diligence on the different signal providers before choosing the ones that satisfy their preferences. If you are taking notes, your most significant takeaway should be to start exploring signal channels for trading alerts and the overall design of your trading strategies and signals bot to ensure smooth execution. If you find your signals to be too dangerous or conservative to your liking, you always have the option to adjust them according to your personal risk tolerance. Next, consider narrowing down your range of options only to those likely the most relevant to future market conditions to best prepare for the future. The safest choices would be crypto trading bots designed for exploiting rising markets, volatile markets, or both. Like before, try to focus on highly customizable trading solutions that enable traders to adjust their strategies according to their specific needs. For bullish trends, dollar-cost-averaging crypto trading bots, or DCA bots, are popular among crypto traders at all levels. Its very intuitive approach entails cashing in on short-term trades during upswings while avoiding any price correction that may occur occasionally. If you are bullish about the long-term potential of a specific crypto, then setting up a DCA bot to trade it efficiently is an option worth considering. Regarding volatile markets that lack a clear direction, grid bots are considered an excellent tool to capitalize on ranging markets through fast-paced trades with an elaborate set-up of numerous trades, each with its distinct entry and exit plan. In many cases, an ongoing price appreciation is accompanied by increased volatility. Therefore, grid bots are likely to be even more relevant in the future than they are now. As a last piece of advice, remember that tomorrow is technically the future, and there is no better time to prepare for it than today. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.