BitMEX Expands Bitcoin Derivatives with New XBTN25 Futures Contract
BitMEX has launched its new monthly Bitcoin futures contract, XBTN25, marking another milestone in the platform’s expansion of cryptocurrency derivatives. The contract became available for trading on May 27, 2025, at 04:00 UTC, with settlement scheduled for July 25, 2025. This development highlights BitMEX’s ongoing efforts to provide traders with innovative tools for strategic positioning in the Bitcoin market. Currently, Bitcoin is trading at 107,765.67 USDT, reflecting the dynamic nature of the cryptocurrency landscape. The XBTN25 contract joins BitMEX’s suite of active futures, including XBTK25, XBTM25, and XBTU, further solidifying the platform’s role as a leader in crypto derivatives.
BitMEX Launches XBTN25 Bitcoin Futures Contract
BitMEX has rolled out its new monthly Bitcoin futures contract, XBTN25, now available for trading as of May 27, 2025. The contract, which went live at 04:00 UTC, underscores BitMEX’s commitment to expanding its cryptocurrency derivatives offerings.
The XBTN25 contract is set to settle on July 25, 2025, providing traders with a clear timeline for strategic positioning. BitMEX’s suite of active futures contracts includes XBTK25, XBTM25, XBTU25, and XBTZ25, each with distinct listing and settlement dates to accommodate diverse trading strategies.
This move highlights the growing institutional interest in Bitcoin derivatives, as exchanges continue to innovate and cater to the evolving demands of the market.
Arkham Claims Identification of MicroStrategy’s Bitcoin Holdings Worth $54.5 Billion
Blockchain analytics firm Arkham has allegedly uncovered the bitcoin addresses tied to MicroStrategy, revealing holdings totaling 525,047 BTC—valued at approximately $54.5 billion at current prices. The software company, led by vocal Bitcoin advocate Michael Saylor, had previously declined to disclose wallet details for security reasons.
Arkham’s analysis suggests the primary address holds 454,231 BTC ($48.8 billion), exclusively in Bitcoin. A subsequent claim identified an additional 70,816 BTC ($7.6 billion) linked to MicroStrategy. The revelation underscores institutional-scale accumulation, with MicroStrategy now accounting for nearly 2.5% of Bitcoin’s circulating supply.
Bitcoin Retreats as U.S. Court Overturns Trump Tariffs, Sparks Equity Rally
Bitcoin dipped slightly Wednesday after a federal court struck down former President Donald Trump’s sweeping tariff regime, a move that reignited equity markets and injected volatility into crypto markets. The U.S. Court of International Trade ruled Trump overstepped his authority by invoking emergency powers to impose blanket tariffs in April 2020.
The three-judge panel deemed the tariffs unconstitutional, citing improper use of the 1977 International Emergency Economic Powers Act. "IEEPA imposes meaningful limits on presidential authority—unlimited tariff power violates constitutional checks," the ruling stated. The decision nullifies 10% baseline tariffs and higher levies targeting Canada, Mexico, and China.
U.S. equity futures jumped on the news as traders rotated capital from crypto to traditional markets. Bitcoin’s brief pullback highlights its growing sensitivity to macroeconomic policy shifts. The court gave the government 10 days to comply, though Trump’s legal team immediately filed an appeal.
Bitcoin Hits Historic $111,970 Peak Amid Q3 Uncertainty
Bitcoin’s ascent to a record $111,970 on May 22 has ignited bullish sentiment, yet skepticism lingers. Analysts warn of potential consolidation as the asset enters Q3—historically its weakest quarter, averaging just 6.03% gains since 2013.
Bitfinex’s note strikes a cautious tone: ’The coming weeks will reveal whether this is a local top or the prelude to another leg up.’ Macroeconomic forces now hold the keys to Bitcoin’s next move.
Bitcoin (BTC) Faces Potential Profit-Taking Amid Market Resilience
Bitcoin surged to a record $111,880, marking a 50% rebound from recent lows, as institutional inflows and spot market activity fuel its recovery. The rally reflects a maturing market, shifting from speculative trading to sustained institutional interest.
Metaplanet’s $104 million BTC acquisition and pro-crypto legislation in Michigan highlight growing institutional confidence. Despite macroeconomic headwinds—including potential U.S. tariffs—BTC’s stability underscores its evolution into a macro-sensitive asset.
Profit-taking looms as prices consolidate NEAR all-time highs. The cryptocurrency’s resilience above key levels suggests a structural shift in demand dynamics, with ETFs now acting as a primary price driver.
