Diversifying into gold, forex and other assets through Bybit Gold&FX helps crypto traders manage risk and stabilize their portfolios amid market volatility.

Navigating financial markets can feel like riding a roller coaster, with sharp twists and turns driven by economic events, inflation and global uncertainty. While crypto offers exciting opportunities, its volatility can be overwhelming. That’s why savvy traders look beyond digital assets, incorporating gold and forex into their strategies to create a more balanced portfolio. 

 makes this approach easier, giving traders the chance to diversify their portfolios into gold, commodities and forex. At the same time, Bybit Copy Trading Gold&FX allows traders to tap into expert strategies and advanced tools to 

 and capitalize on macro trends. This handy guide explores three simple steps to embrace macro volatility with Bybit Gold&FX so you can build a more resilient trading approach.

Volatility is a measure of how much asset prices fluctuate over time, indicating the level of uncertainty in financial markets. Higher volatility means bigger price swings, while lower volatility suggests more stability.

Why crypto traders should pay attention to gold, stocks and forex

, with prices often fluctuating dramatically and creating potential risks for investors. To 

, many crypto traders look toward diversifying their portfolios by incorporating traditional assets, such as gold, stocks and foreign exchange (forex), etc. Let’s look at why this matters.

Gold has long been viewed as a hedge against economic uncertainty, inflation and currency devaluation. Unlike crypto, which can experience extreme price swings due to factors like sentiment-driven movements or regulatory shifts, gold tends to retain or even grow in value during economic downturns. 

In March 2025, gold reached a historic milestone, hitting an 

. This rally was largely driven by geopolitical tensions, including renewed trade tariffs and Middle East instability, as well as expectations of interest rate cuts by the US Federal Reserve. During times of global stress, investors often shift capital into gold to preserve wealth — a pattern that has repeated strongly this year. 

For crypto traders, gold presents a way to counterbalance the volatility of digital assets. When crypto markets dip due to regulatory news or macroeconomic shocks, gold may provide stability and a steady store of value.

Equities remain one of the most established investment classes for long-term capital growth and dividend income. In contrast to many cryptocurrencies, which are highly speculative in nature, blue chip stocks and broad indices offer relatively stable returns and are influenced by business fundamentals and macroeconomic trends.

In early 2025, Chinese stocks posted an impressive comeback, with the 

. This growth was fueled by China’s economic stimulus measures, investor-friendly reforms and optimism around industrial recovery. Sectors like electric vehicles, technology and infrastructure saw particularly strong inflows.

For crypto traders, exposure to stocks can provide a more predictable and income-generating component to their portfolio — which is especially useful during periods when the crypto market is consolidating or correcting.

The forex market is the largest and most liquid market in the world, with over $7 trillion traded daily. Unlike crypto, forex operates 24/5 (instead of 24/7), and is deeply influenced by macroeconomic policies, interest rates and geopolitical developments.

In 2025, one standout example of forex movement came from the South African rand, which 

 as gold surged past the $3,000 mark. Since South Africa is a major gold exporter, the rise in gold prices naturally supported South Africa’s local currency. This is a clear example of how commodities, national economies and forex are closely linked, offering savvy traders multiple angles for profit.

For crypto traders, forex offers the opportunity to diversify into another high-liquidity market with its own rhythm and drivers. It’s especially attractive for those looking to apply 

 across different assets or hedge macro exposure.

Platforms like Bybit provide features that make it easier for traders to add traditional assets into their portfolios. Bybit Gold&FX, for example, allows users to access gold and forex markets alongside their crypto holdings, helping them create more diversified and sturdy investment strategies. This integration gives traders the flexibility to take advantage of diverse market conditions — so they can better manage their risk.

 offers traders a powerful and versatile platform to access a wide range of global markets — from crypto and forex to CFDs on commodities and 

Built for both beginning and more seasoned traders, Bybit Gold&FX comes packed with over 90 technical indicators, customizable charting tools and support for automated strategies through Expert Advisors (EAs). Its robust order management system ensures flexibility and precision, making it ideal for executing complex trading strategies in real time.

Investors and traders who prefer a more laid-back approach can consider 

 instead, a copy trading feature on the Bybit platform that allows users to replicate expert strategies in 

 (MT5). It offers a way to diversify portfolios with traditional assets by leveraging the expertise of advanced traders, helping reduce risks tied to crypto market volatility.

How to embrace macro volatility with Bybit Gold&FX

Managing macroeconomic volatility with Bybit Gold&FX requires a thoughtful and strategic approach. The following short description will show you how traders can embrace this volatility and play the macro game in three simple steps.

Understand the broader economic forces that drive market movements, including inflation rates, central bank policies and geopolitical events. Keep an eye on key developments, such as 

 (FOMC) meetings and Federal Reserve speeches, as well as factors like political instability and trade wars that can have an impact on global markets. 

 in early 2020. As uncertainty began to spread, gold prices surged because investors saw it as a safe-haven asset. Studies found a strong link between rising global COVID-19 cases and increased gold prices, with the pandemic contributing to significantly more volatile gold returns.

Bybit offers insights into macro trends and volatility, helping traders make fact-based decisions. Tools such as

 can provide a clearer picture of current market conditions and potential shifts, allowing traders to adjust their strategies with confidence.

Diversify your portfolio with a mix of assets on Bybit Gold&FX, including gold, forex and contracts for difference (CFDs) in order to navigate market fluctuations more effectively. As a traditional safe-haven asset, gold can help hedge against crypto volatility, inflation and currency devaluation. 

Forex pairs like EUR/USD or USD/JPY offer opportunities to capitalize on global economic trends, while commodities like oil and silver add another layer of diversification. 

 allows traders to amplify potential gains in these markets without directly owning the underlying assets. However, CFD trading and leverage carry significant risks, as they can amplify both gains and losses that potentially exceed your initial deposit.

Historically, cryptocurrencies like Bitcoin have shown 

 with traditional assets like gold and stocks, meaning their relative price movements don’t always align. This weak correlation suggests that adding traditional assets to your portfolio can help offset potential losses in the crypto market.

To track these relationships, traders can use tools such as correlation matrices. In addition, platforms such as Chainalytics Labs provide 

 that map out connections between major blockchains, gold, silver and 

, an open-source tool that helps visualize the relationship between cryptocurrencies and other financial assets.

Step 3: Execute trades efficiently on Bybit Gold&FX

Bybit Gold&FX gives you direct access to global markets — all with your USDT, no fiat conversion required. As the only crypto exchange offering this unique product, Bybit Gold&FX offers fast execution, advanced charting capabilities and customizable trading strategies, enabling traders to analyze markets effectively and respond swiftly to price movements. This is especially helpful for traders looking to act on major news — such as gold’s recent all-time high of over $3,050.

 and create your MT5 account, then proceed to download the MT5 platform and fund your account to start trading.

When you’re ready to start using Bybit Copy Trading Gold&FX, head to the 

 tab. Once you've selected a trader whose strategy aligns with your goals, configure your settings to 

. From there, you can automatically copy their trades and gain exposure to gold, forex and CFD markets with ease.

Bybit Gold&FX provides crypto traders with a powerful way to navigate market volatility by diversifying into gold, forex and other traditional assets. By understanding macro trends, strategically positioning across multiple asset classes and leveraging Bybit’s advanced trading tools, traders can build more resilient portfolios. 

Diversification helps you reduce risk, stabilize returns and take advantage of opportunities beyond the crypto market. Whether through Bybit Gold&FX’s advanced features or Copy Trading Gold&FX, Bybit empowers traders to adapt and thrive in uncertain market conditions. In the dynamic financial market, embracing a well-rounded investment strategy is key to long-term success.

Intermediate

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3 easy steps to embrace macro volatility with Bybit Gold&FX

Discover how to buy and sell crypto on the Bybit app with this beginner-friendly guide. Learn how to deposit, buy and sell cryptocurrencies in simple steps.

Bybit is a leading global cryptocurrency exchange that’s well-known for its user-friendly interface, advanced trading tools and large number of listed assets. Founded in 2018, Bybit caters to both novice and experienced traders, offering services such as Spot, Derivatives and P2P trading. Its mobile app is designed to further enhance accessibility, allowing traders to manage their portfolios and execute trades while on the move. In this article, we’ll provide a brief summary of how to use the Bybit App to buy your favorite coins or tokens.

 and enter your email address or phone number. Set a password, and agree to the terms to create your account.

 before they can buy or sell cryptocurrencies. 

Individual identity verification is divided into three levels: Standard, Advanced and Pro. The differences in benefits and withdrawal limits between these three levels can be found in the section entitled 

 KYC involves two to four steps, depending upon the level: 

 lets users trade crypto directly with others, with local payment methods. 

The benefits of P2P include the following:

To start P2P trading on Bybit, follow our step-by-step guide below.

drop-down at the top of the page and select 

page, you can filter advertisers based on different criteria, such as 

Please note that in each advertisement, you’ll see the following:

: Choose the advertisement that matches your needs, and tap on its corresponding 

: Input the amount of fiat you want to pay or the amount of coins you would like to receive, and tap on 

 that some orders will require verification if you exceed a certain amount. This requirement will be mentioned under the 

You’ll be redirected to a page on which a countdown timer is in place for you to complete verification. Simply tap on 

Once the order has been approved by the merchant, you’ll see the order page with a countdown timer for transferring the money to the seller’s bank account. 

You can proceed to make payment in fiat. Please ensure that you’re transferring the correct amount to the correct account via the correct methods. After you’ve done so, tap on the 

If you wish to cancel the payment without completing verification, or the proof is rejected by the merchant, the cancellation will not affect your completion rate. However, there is a daily cancellation limit, and exceeding this limit will result in a 24-hour restriction on your ability to conduct P2P Trading. During this time, you’ll have to wait for the restriction to be lifted.

 For orders that do not require verification

You’ll be redirected to the order page with a countdown timer for transferring the money to the seller’s bank account. You can proceed to make payment in fiat. Please ensure that you’re transferring the correct amount to the correct account via the correct methods. After you’ve done so, tap on the 

Tips for what to do when the transaction is unsuccessful

: You might be required to submit the payment receipt or enter the transfer amount in the pop-up window before completing the transaction. Verify the details, and tap on 

Please note that you'll only be able to tap on the 

button after you’ve submitted the payment proof or entered the exact amount you’re required to pay.

: If you’re not required to submit any proof, you can simply tap on 

: Once the coins you’ve purchased are released by the seller, you’ll be able to view them in your Funding Account under the 

 upon P2P purchase, the coins will be directly credited to your Earn Account.

To view your order history, navigate back to the advertiser list and tap on the 

In the event that the seller fails to release the coins after 10 minutes, you may submit an appeal by clicking on the 

Button. Our customer support team will assist you in the Order Chat Box. During this period, please do not cancel the order, unless you’ve received a refund from your seller. 

This feature simplifies the buying process and allows Bybit users to seamlessly buy their chosen crypto asset. Users can buy crypto using a variety of payment options, including P2P trading, bank card payment, third-party payment or fiat balances.

: Place an order by inputting your preferred fiat currency, the coin you would like to receive and the purchase amount. Then, tap on 

: Choose the deposit account and verify your payment details before confirming your order. 

Please note that you may be required to create or link your virtual account for the initial deposit. For more information, click 

: Once you’ve successfully added/chosen your payment method, tap on 

:Enter your security code to confirm the transaction. Then, tap on 

Please note that some payment methods specify set requirements in order for the transaction to be completed successfully. Please refer 

: You’ll receive a notification on your deposit status. If it’s successful, the assets will be credited to your selected account within 48–72 hours (depending upon the payment method). If not, the notification will explain why the transaction was unsuccessful, in which case you may try again later.

If you’ve made the payment but haven’t received the asset in your Bybit account after three working days, please submit your request 

 with the Order ID and payment receipt. 

To track your deposit, you can tap on the 

Fiat Deposit allows users to transfer fiat currency to their Bybit Funding Account. They can then use that balance to buy crypto at any time, reducing the hassle of payment processing. As of March 2025, Bybit supports over 20 fiat currencies from around the world. You can see if your currency is supported by checking the 

Input your preferred fiat currency, the deposit amount and your payment method, and verify the details. Then, tap on 

Some payment methods require you to link your Bybit account to your service provider’s account. Verify the information before tapping on 

Please note that each payment method has different deposit processes. You can find more details 

Follow your bank or service provider’s instructions to transfer assets in accordance with the information Bybit has provided. Please ensure all details are correct and consistent, and be mindful of the deposit limit. Please be patient while your bank or service provider processes your order.

A pop-up notice window will appear, and you’ll need to verify it before tapping 

 to continue. Head to your deposit channel to transfer funds using the payment details shown on the page. Please ensure that you deposit using an account registered under your identity information. Otherwise, the transaction will fail. The ensuing refund process may take 7–14 working days, assuming all required information has been provided upon request.

 iconin the upper-right corner of the page. 

Bybit’s Spot market is a reliable and secure way to swap cryptocurrencies. It supports a wide variety of coins and tokens. To get started with Bybit’s Spot market, users first need to deposit their crypto into their Bybit account, and to place their buy or sell trade on the app by using the Spot market section. 

Beginner

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How to buy and sell crypto with the Bybit App

Arcium has joined NVIDIA’s Inception Program to accelerate Private AI adoption, leveraging NVIDIA’s resources to enhance its encrypted supercomputer technology. 

Daily top performer — Movement Labs (MOVE)

The S&P 500 rose 0.16%, extending its winning streak as investors weighed Trump’s tariffs. Gold fell 0.67% to $3,002 as easing trade tensions and rising US yields pressured prices. Fed’s Bostic signaled one rate cut in 2025, delaying the inflation target to 2027. Gold holds near $3,000 support. The Coindesk Indices, which tracks the broader crypto market, are up by 1.37%, with Bitcoin and Ether down by 0.18% and 0.99% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is MOVE, up 30.6% as Movement Network launches $38M buyback following market maker breach.

Movement Labs (MOVE), founded in 2023, is a modular blockchain network leveraging the Move language to improve security, performance, and user experience in decentralized systems. Its core products include the Movement SDK, M1 Layer 1 network, and M2, an Ethereum Layer 2 rollup. 

 cut ties with a market maker after discovering unauthorized $MOVE token sales. The team recovered $38M USDT and will use it for a three-month buyback to support the ecosystem. Movement reaffirmed its commitment to transparency and security.

Check out the latest prices, charts, and data of 

 NVIDIA’s Inception Program to accelerate Private AI adoption, leveraging NVIDIA’s resources to enhance its encrypted supercomputer technology. This follows Arcium’s acquisition of Web2 competitor Inpher, which brought over 30 patents and $25M in prior funding from JP Morgan and Amazon. Arcium’s secure AI infrastructure aims to protect intellectual property, prevent data breaches, and ensure compliance across industries like finance and healthcare. The partnership strengthens Arcium’s tech stack ahead of its mainnet launch, driving its mission to advance privacy-focused AI solutions.

Yesterday, BTC spot ETFs saw $15.2M in net outflows, driven entirely by non-GBTC funds, while GBTC recorded no activity.

 a 300M BIC token airdrop over 50 months to drive Web3 adoption and reward user engagement. The SocialFi platform integrates blockchain, NFTs, and token incentives to empower creators and businesses. Built on Arbitrum, Beincom ensures fast, low-cost transactions, while a liquidity protection model discourages early sell-offs. BIC Tokens unlock premium features, power NFT transactions, enable advertising, and support token-paid messaging. The roadmap includes expanding BIC utility, enhancing NFTs, and introducing new monetization tools like Deep-Ads and Social Hub V1.

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Arcium joins NVIDIA Inception Program to advance privacy-focused AI solutions

Viction (VIC) is a scalable EVM-compatible L1 blockchain powering web3 with its World Wide Chain Protocol, gas-free transactions and fast PoSV network.

A surprise announcement by Binance on Mar 12, 2025, regarding the listing of the VIC token on its 

 platform with a leverage of 75x, sent the 

 (L1) project on a price rally that has made investors take note. Within 24 hours of the announcement, VIC’s price had risen by over 81%, with its 

Viction, which hosts some of the top projects on 

, is on a mission to create an ecosystem that enables fast, secure and affordable blockchain transactions. Let’s dig deeper into Viction and learn why it’s causing a buzz in the crypto market.

 (EVM)–compatible L1 blockchain designed to provide a framework for scalable, fast and cost-efficient blockchain transactions that will encourage mass adoption.

In November 2023, TomoChain announced that it had rebranded to Viction in order to accommodate the project's expanding vision of creating a blockchain that would power technological development for the masses. Viction was born as a symbol of TomoChain's new identity as a key player in using blockchain to change people's lives. 

The Viction blockchain, built with efficiency in mind, uses a 

 (PoS) voting consensus mechanism whereby token holders vote for Masternodes to secure the network. This enables at least 2,000 

As a people-centric network, Viction provides an open-source framework on which developers can build easy and affordable blockchain apps. Developers can also submit their projects on Viction Horizon, a hackathon platform designed to unlock human potential through blockchain.

Viction also has a wide range of products designed to empower crypto enthusiasts to maneuver the complex blockchain landscape. The Viction Wallet provides web3 users with a secure and private browser extension to stake VIC and to buy, sell and store 

There's also the Viction Bridge, which enables users to quickly and affordably bridge crypto tokens, such as 

VIC is the native token for the Viction ecosystem. It's used for governance, staking and rewarding Masternodes that secure the Viction network.

The Viction ecosystem consists of the following components that play distinct roles in ensuring the network maintains integrity and performs well.

Masternodes are specialized servers responsible for producing and validating blocks within the Viction network. A total of 150 Masternodes have been designated to secure the entire Viction ecosystem. To become a Masternode operator, an individual or entity must deposit at least 50,000 VIC tokens, and apply through a governance 

Once elected, Masternodes participate in a round-robin process to produce and validate blocks, ensuring efficient transaction processing. To enhance security, Viction employs a double validation mechanism whereby a second, randomly selected Masternode verifies each block before it's added to the blockchain, reducing the risk of attacks. ​

You can stake your VIC tokens with Viction Masternodes to help secure the network and maintain its efficiency. Doing so earns you staking rewards, a good form of 

. Locking your tokens also earns you a right to vote on important decisions regarding the Viction network, including the election of Masternodes/validators.

Within the context of Viction, “validators” refers to the Masternodes themselves, as they’re responsible for validating transactions and producing blocks. The terms "masternodes" and "validators" are often used interchangeably within the network. These validators ensure that all transactions comply with the network's rules and maintain its blockchain's integrity.

Delegators are VIC token holders who prefer not to run a Masternode, but still wish to participate in staking. They delegate their tokens to existing Masternodes, strengthening the network's security and efficiency. In return, delegators receive a share of the rewards earned by the Masternode to which they’ve delegated their tokens.

In its efforts to create a cost-efficient and inclusive blockchain for all web3 users, Viction has developed (and continues to develop) various products that align with this vision. The Viction infrastructure consists of the following key features:

The Viction World Wide Chain Protocol (WWCP) is a novel solution consisting of a network of app chains that operate concurrently and use Viction as a common settlement point. The product, developed in collaboration with 

 Labs, is designed to facilitate seamless asset and data transfers between blockchain DApp builders.

 on the Viction mainnet that facilitate these transfers. Assets on WWCP benefit from a shared bridge contract, simpler liquidity management and easier/faster transactions.

Viction’s data availability (DA) layer runs as an independent module separate from the main Viction blockchain. This means that developers building on other blockchain networks can leverage this product for their data needs.

 (POL) and GlitchD. The DA helps them scale and become more interoperable and flexible across the larger blockchain ecosystem.

Some of the key features that builders can access on the Viction DA include the following:

High gas fees have been a persistent challenge to blockchain users, especially due to the complex activities involved when transacting. To counter this, Viction developed the VRC25 token standard, which facilitates near-zero gas fees when transacting (there's a VRC725 standard designed for NFTs).

Projects on Viction can integrate the VRC-25 token standard into their tokens, allowing them to pay gas fees on behalf of the user and making it possible to offer zero-fee gas transactions on the user's end. Developers can also expand the features on their tokens to pay gas fees instead of using the native VIC token.

The zero-fee gas transactions feature on Viction makes it affordable for crypto users to engage in 

. It also eliminates the complexities associated with blockchain transactions, encouraging more crypto-curious beginners to engage in web3 activities.

VIC is the native cryptocurrency for the Viction network, as well as the reserve cryptocurrency for third-party apps powered by Viction.

The use cases for VIC token are as follows:

​Viction's tokenomics underwent significant changes following the implementation of Viction Improvement Proposal #1 (VIP#1) and the subsequent hard fork on Oct 29, 2024. These changes were designed to enhance the network's security, incentivize participation and ensure the long-term sustainability and growth of the ecosystem.

Initially, Viction had a total supply of 100 million VIC tokens. However, after the hard fork, the total supply expanded to 210 million VIC tokens, with 20 million VIC tokens immediately added to boost the circulating supply.

Also, following support for a second proposal, Viction held an 

 through the Viction Retrodrop program, whereby stakers, active users and governance participants would be rewarded with VIC tokens for their contributions to the Viction ecosystem.

You can buy VIC on Bybit’s Spot trading terminal as the 

As of Mar 26, 2025, Viction has a market cap of $30 million and is priced at $0.25. This is a 93.6% drop from its all-time high of $3.88 on Sep 6, 2021, and a 77.4% increase from its all-time low of $0.14 on Mar 13, 2020.

Crypto price prediction experts have mixed forecasts for Viction’s future price. According to CoinCodex, VIC 

 a maximum price of $0.23 in 2027 and drop to $0.13 by 2030.

However, another price forecasting platform, DigitalCoinPrice, is highly bullish on the future price of Viction. Its experts 

 VIC may hit $0.90 in 2027, and rise to $1.36 by 2030.

While some of these price predictions seem bullish, they aren’t financial advice. We highly recommend that you 

 before investing in Viction or any other cryptocurrencies.

Viction is revolutionizing the web3 space with products such as its World Wide Chain Protocol, data availability (DA) and gas-free transactions feature. These products are designed to attract crypto users, including developers, who want to explore blockchain technology's limitless opportunities. Viction’s people-focused design and mass-adoption vision make it a project to watch in the fast-paced blockchain space. 

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Viction (VIC): Scaling web3 beyond limits with the World Wide Chain Protocol

In this tutorial, we’ll explore how you can complete a series of tasks in Haedal for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete a series of tasks in Haedal for 

Task: Deposit more than $5 and become a haeVault LP

: Navigate to the Haedal Vault page and click on 

: Once your wallet is connected, select the pool you’re interested in. For this example, we’ll be using the 

: Input the amount of SUI you’d like to deposit, and the USDC amount will automatically be calculated. Then, click on 

Please note that the total deposit amount needs to be greater than $5 in order to pass verification.

: A pop-up window will appear. Confirm the details and click on 

. Then, approve the transaction in your Bybit Wallet to proceed.

Congratulations! You’ve successfully become a haeVault LP and can now enjoy this pool's simple and high yields.

If you only have one asset on hand, you may choose to try out the 

feature, which allows you to participate in a pool with just a single asset. It will automatically convert your deposit, according to the vault ratio, to complete the liquidity injection. To use the 

, select your preferred asset, input the amount and click on 

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How to complete Haedal tasks for Bybit Web3 Airdrop Arcade

The Ethereum network is set to undergo the Pectra upgrade, aimed at addressing critical performance issues and enhancing Ethereum’s competitive edge against rival blockchains. 

The Ethereum network is set to undergo the Pectra upgrade, aimed at addressing critical performance issues and enhancing Ethereum’s competitive edge against rival blockchains. This upgrade is particularly urgent, due to Ethereum's underperformance relative to Bitcoin (BTC) and other smart contract–enabled platforms. 

The Pectra upgrade includes several Ethereum Improvement Proposals (EIPs) designed to improve network scalability, staking efficiency and user experience. Key features include validator consolidation (EIP-7251), which allows for variable stake sizes, and streamlined withdrawal mechanisms (EIP-7002), which simplify the staking process. The upgrade is anticipated to be released in early Q2 2025, following initial plans for Q1.

Technical improvements and their implications

The Pectra upgrade introduces a range of technical enhancements focused on improving the efficiency of 

 processes. EIP-7251 will change the validator balance requirements, enabling validators to consolidate their stakes into larger amounts, thereby reducing the total number of validators and alleviating network congestion. This consolidation will help maintain decentralization while improving scalability. EIP-7002 will facilitate easier withdrawal of staked ETH by separating validator keys from withdrawal keys, allowing for partial withdrawals and reducing trust assumptions for delegated stakers.

Additionally, changes related to blob space (EIP-7691) will increase the space available for 

 (L2) transactions, which is critical for improving transaction throughput and lowering fees. EIP-7623 will modify the cost structure for using calldata, further incentivizing the use of blob space and optimizing transaction efficiency. These improvements collectively aim to enhance Ethereum’s transaction capacity and lower operational costs, increasing its appeal for developers and users alike.

Despite the anticipated benefits of the Pectra upgrade, market expectations appear cautious. Ethereum has consistently underperformed against BTC and other altcoins, with traders reacting negatively to broader macroeconomic conditions, rather than network-specific developments. Historical patterns show that previous upgrades have led to immediate sell-offs, due to “sell-the-news” phenomena — suggesting that traders may not view these upgrades as immediate catalysts for price increases.

Currently, ETH options markets are exhibiting higher implied volatility compared to those for BTC, indicating uncertainty surrounding Pectra's impact. However, this elevated volatility may also reflect broader market trends, rather than Ethereum-specific factors. As the Pectra upgrade approaches, the Ethereum community remains focused on enhancing the network’s long-term scalability and competitiveness. Overall, while Pectra aims to solidify Ethereum's position in the blockchain ecosystem, its success will largely depend upon market sentiment and the network's ability to execute these technical improvements effectively.

Advanced

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Bybit x Block Scholes Institutional Report: Ethereum’s Pectra upgrade and the market’s cautious reaction

A wallet address is a group of letters and numbers used for sending and receiving cryptocurrencies and other digital assets. It can be shared to facilitate digital transactions.

Wallet Address

An airdrop is a type of marketing strategy that involves sending crypto wallet addresses a few tokens or coins in exchange for small tasks, such as sharing a social media post. This is usually done to increase public awareness of a new cryptocurrency.

Airdrop

An algorithm is a finite sequence of instructions used to perform a calculation or to process data. These instructions must be completed in a specific order to produce the desired result.

Crypto & Trading: A Quick Start Guide in a Minute