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Bybit showcases crypto payment solutions at Web Summit Rio 2025 with Bybit Pay launch in Brazil

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Daily Bits
May 5, 2025

Daily top performer — Zebec Network (ZBCN)

The S&P 500 extended its rally with a nine-day winning streak, its longest since 2004, as optimism over potential trade deals and upcoming Fed and earnings updates lifted sentiment. Gold rose to $3,245 on trade uncertainty and Fed rate cut hopes. CoinDesk Indices, which tracks the broader crypto market, fell 1.50% in the past 24 hours, while Bitcoin and Ether dropped 0.10% and 0.51%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

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Today's top performer is ZBCN, which surged 19.5% after Zebec Network joined the Circle Alliance, aiming to make USDC the default stablecoin for real-world payments.

Zebec Network (ZBCN), founded in 2021, is a Solana-based DeFi protocol enabling real-time payroll and payments, with products like Zebec Card, Safes, and Web3 Banking, all governed by ZBC token holders. Zebec Network is now a certified member of the Circle Alliance Program, with Circle Ventures being an early backer. USDC powers Zebec's products, including Zebec Cards and payroll services. With Circle holding a significant amount of ZBCN, Zebec aims to establish USDC as the default stablecoin for real-world payments.

Check out the latest prices, charts, and data of ZBCNUSDT perp contracts!

Talk of the town

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Bybit showcased its innovative crypto solutions at Web Summit Rio 2025, emphasizing its role in integrating crypto into traditional payments. The exchange launched Bybit Pay in Brazil, offering a seamless crypto-to-fiat experience with features like QR code payments, multi-currency support, and secure blockchain transactions. Bybit also highlighted its strategic partnerships, including with Tomorrowland Brasil, and introduced its rewarding Bybit Card. The event showcased Bybit’s commitment to empowering the LATAM crypto community and making crypto accessible in everyday life.

Bitcoin spot ETF flows

Date

GBTC (M USD)

Non-GBTC (M USD)

Total (M USD)

28 April 2025

(42.7)

633.9

591.2

29 April 2025

0.0

172.8

172.8

30 April 2025

(32.0)

(24.3)

(56.3)

01 May 2025

16.0

406.5

422.5

02 May 2025

0.0

674.9

674.9

Total (weekly)

(58.7)

1,863.8

1,804.6

Current Total (from inception): 

(22,747)

62,954

40,207

BTC spot ETFs saw $1.8B net inflows last week, driven by $1.86B into non-GBTC ETFs despite a $58.7M GBTC outflow. Since inception, total net inflows stand at $40.2B.

Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!

Airdrop to watch

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GiveRep is experiencing heavy traffic, causing site loading issues, but the team is actively working on releasing V1 soon. In the meantime, users can continue earning rewards as all tweets about GiveRep are still being indexed. A confirmed ATTN token airdrop will reward those who rank higher on the leaderboard, so continued engagement is encouraged.