Crypto News
BitMEX Announces New XBTJ25 Bitcoin Futures Contract
BitMEX is set to launch a new XBTJ25 futures contract, underlined and margined in Bitcoin, on February 25, 2025. The contract offers up to 100x leverage and will expire on April 25, 2025. (Read More)Source link
North Korea’s Lazarus Group Behind Bybit’s $1.4 Billion Ethereum Hack: Arkham
On-chain sleuthing linked Friday's $1.4 billion hack of crypto exchange Bybit to North Korea's Lazarus Group, Arkham Intelligence said.Source link
BitMEX Delists 10 Derivatives Contracts, Settled Early
BitMEX has announced the delisting of 10 derivatives contracts, settled early on February 21, 2025. This move affects traders holding positions in these contracts. (Read More)Source link
Bitcoin Price Analysis: Bybit Hack Sparks Market Volatility; BTC Tests Key Support at $95,000
Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within a 24-hour range of $95,086 to $99,504, reflecting heightened volatility following the breach of Bybit’s Ethereum coldSource link
Plunging U.S. Stocks Help Add to Crypto’s Bad Day
Only a handful of hours ago crypto markets were buoyed as the Securities and Exchange Commission signaled its intent its dismiss a lawsuit against Coinbase (COIN).The welcome regulatory news sparked 5% gains for COIN and the likes of increasingly important crypto trading platform Robinhood (HOOD), and sent bitcoin (BTC) breaking out of its recent tight trading range to within sight of the $100,000 level.The first bomb to break the good vibes came late in the U.S. morning when Bybit was stung by about a $1.5 billion hack — the largest such exploit ever in crypto. That news sent bitcoin and ether (ETH) sliding roughly 2% in a manner of minutes.Prices quickly seemed to stabilize and — at least in the...