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Cryptocurrency News Articles

Daily Top Performer — Berachain (BERA)

Feb 07, 2025 at 01:00 pm

The S&P 500 rose 0.36%, led by consumer staples, financials, and tech, as investors awaited the jobs report. Gold fell 0.38% to $2,852 amid rising yields and profit-taking before the jobs report but remains near YTD highs. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.81%, with Bitcoin and Ether dropping by 0.44% and 2.91%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link. Today's top performer is BERA, which surged nearly 3.0% following Berachain's mainnet launch and $632M BERA airdrop announcement.

Daily Top Performer — Berachain (BERA)

Top cryptocurrency today. Daily Top Performer — Berachain (BERA)

The S&P 500 rose 0.36%, led by consumer staples, financials, and tech, as investors awaited the jobs report. Gold fell 0.38% to $2,852 amid rising yields and profit-taking before the jobs report but remained near YTD highs. Coindesk Indices, an index measuring broader cryptocurrency market performance, was down by 0.81%, with Bitcoin and Ether dropping by 0.44% and 2.91%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is BERA, which surged nearly 3.0% following Berachain's mainnet launch and $632M BERA airdrop announcement.

Berachain (BERA), founded in 2021, is a Layer 1 blockchain with Proof-of-Liquidity consensus, ensuring security and liquidity while maintaining full Ethereum compatibility. Berachain launched its mainnet on February 6, together with a $632 million BERA airdrop to eligible users. Around 79 million BERA tokens were distributed, primarily to Bong Bears NFT holders. BERA serves as the network’s gas and staking token. Berachain employs a Proof-of-Liquidity consensus to enhance both security and liquidity. Token allocations also include funds for community initiatives, ecosystem R&D, and institutional investors.

Check Out the Latest Prices, Charts, and Data of BERAUSDT Perp and BERA/USDT Spot Contracts!

Talk of the Town

Ankr has been selected to power TAC, a new TON Network extension that brings full EVM compatibility to TON. With 100M active wallets and Telegram's 950M users, TAC enables Ethereum developers to deploy effortlessly on TON. Built on the Cosmos SDK and Ethermint, TAC integrates Babylon’s Bitcoin staking protocol for enhanced security and decentralization. Assets like Teleport BTC (tgBTC), stTON, and tsTON will support restaking within TAC’s infrastructure. As the first blockchain to leverage Ankr's Bitcoin Secured Infrastructure, TAC connects Ethereum’s liquidity to TON’s scalability, advancing Web3 growth in Telegram's ecosystem.

Check Out the Latest Prices, Charts, and Data of TONUSDT Perp and TON/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Yesterday, BTC Spot ETFs had $140.2M in outflows, with GBTC losing $42.2M and non-GBTC funds dropping $98.0M.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch

Kuroro Wilds, an Ethereum RPG on Ronin, launched a play-to-airdrop campaign ahead of its KURO token launch. Players earn rewards by completing quests, social tasks, and referrals. The event offers 10M KURO and Treasure Eggs, running until mid-February. VIP pass holders get extra rewards, while top players can win additional prizes. KURO’s launch date is yet to be announced.

Check Out the Latest Prices, Charts, and Data of ETHUSDT Perp and ETH/USDT Spot Contracts!

Read More

Original source:bybit

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