Bybit has restored 77% of its assets following a recent security incident, demonstrating strong recovery and renewed client confidence. 

Daily Top Performer — Nervos Network (CKB)

The S&P 500 fell 1.59% to a six-week low amid tech selloffs and economic concerns. Gold fell 1% to $2,889.13 amid a stronger dollar and inflation concerns. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.98%, with Bitcoin and Ether dropping by 0.97% and 2.53%, respectively 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 CKB, surging 18.6% following the launch of Nervos Docs v2.15.0 with CCC Molecule SDK and SUDT fixes.

Nervos Network (CKB), launched on November 2019, is a blockchain network featuring the Common Knowledge Base (CKB) for Layer 1 security and flexibility, utilizing Proof-of-Work consensus. It supports interoperability with various blockchain layers and allows developers to build decentralized applications with account abstraction at the protocol level. 

, featuring the CCC Molecule JavaScript SDK and SUDT contract fixes. Special thanks to community member u2 for reporting the issue.

Check Out the Latest Prices, Charts, and Data of 

 77% of its assets following a recent security incident, demonstrating strong recovery and renewed client confidence. Spot liquidity and contract trading have surpassed pre-incident levels, with trading volume exceeding $40B in two days. To reinforce transparency, Bybit conducted an additional proof of reserves audit, confirming full collateralization of client assets. CEO Ben Zhou emphasized the exchange’s commitment to security, resilience, and trust.

Yesterday, BTC Spot ETFs had a total outflow of $20M, with GBTC losing $7.3M and non-GBTC funds $12.7M.

, its first Superchain utility token using the SuperchainERC20 standard for Optimism interoperability. With a 1 billion total supply, 16.8% initially unlocked, and 12% allocated for airdrops, incentives will reward various Mint ecosystem participants, including NFT holders, event winners, and active users. Details on the Token Generation Event (TGE) and airdrop date are coming soon.

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Bybit Strengthens Proof of Reserves, Security & Transparency

Crypto Zodiac is a trading competition that merges astrology with crypto trading. Learn more about this competition here.

The cosmos aligns with crypto trading in the Crypto Zodiac League, a unique competition in which traders represent their Zodiac Squads in a thrilling battle for dominance. With a prize pool of 1,000,000 USDT, this event invites traders to test their skills, leverage their strategies and climb the ranks across multiple trading leaderboards. Whether you're an aggressive Aries, a strategic Scorpio or a disciplined Capricorn, your Zodiac Squad needs you. Read on to discover how you can join, compete and claim your share of the cosmic rewards.

 is a trading competition that merges astrology with crypto trading, allowing participants to join their Zodiac Squads and compete for rewards based on their trading performance.

The event is structured around the 12 zodiac signs, forming squads whose traders team up and battle for dominance. Participants engage in individual and team-based competitions, with rankings determined by percentage profit and loss, or PnL (%), trading volume and squad performance.

The Crypto Zodiac League is more than just a competition — it's a month-long trading showdown designed to test traders’ skills while embracing astrological themes. With multiple leaderboards and diverse challenges, every participant has the chance to shine.

Squad Derivatives Trading Volume Leaderboard

The Squad Derivatives Trading Volume Leaderboard ranks Zodiac Squads based on the collective trading volume of their top 50 members. The higher the total squad volume, the larger the prize pool that squad will share. Squad members who rank within the top 50 contributors will receive a share of the rewards. The prize pool itself increases as the competition progresses, scaling based on the total volume generated by all squads, with rewards ranging from 50,000 USDT for lower-tier volumes to a maximum of 300,000 USDT for squads that achieve the highest total trading volume.

To qualify for squad rewards, participants must achieve a minimum of 50,000 USDT in trading volume.

The Individual PnL (%) Competition is designed for traders who prioritize profitability over volume. Rather than focusing on sheer trading volume, this category ranks participants based on their percentage profit and loss, or PnL (%), throughout the competition period. The top 200 traders in this category will share a 300,000 USDT prize pool, rewarding those who manage their trades efficiently and achieve consistent profits. To be eligible, participants must have traded at least 50,000 USDT during the event period.

PnL (%) = (Profit / (Initial Equity + Total Deposits)) × 100%

Individual Spot Trading Volume Leaderboard

The Individual Spot Trading Volume Leaderboard focuses exclusively on Spot trading, ranking traders based on their total accumulated Spot trading volume. The top 100 traders in this category will split a designated prize pool of up to 100,000 USDT, with a minimum trading volume requirement of 30,000 USDT. This competition category covers all forms of spot trading, including 

Individual Daily Derivatives Trading Volume Leaderboard

For those who prefer daily competition, the Individual Daily Derivatives Trading Volume Leaderboard offers a fresh opportunity to win prizes every 24 hours. Each day, traders will be ranked based on their Derivatives trading volume. The top 30 traders for the day, calculated from 10AM UTC to 10AM UTC the next day, will share a portion of the daily prize pool, with up to 5,000 USDT in rewards distributed each day. The competition resets daily, running for a total of 25 days, giving traders multiple chances to climb the leaderboard and claim their rewards.

Beyond these core competitions, the event also features Lucky Draws and Mystery Box rewards, ensuring that traders have additional opportunities to win.

In addition to the main competition categories, participants can win bonus rewards through the Crypto Zodiac Lucky Draw. By completing specific trading tasks, traders can earn Lucky Draw tickets that grant them a chance to win extra rewards.

Some of the prizes available in the Lucky Draw include USDT trading bonuses ranging from 1–20 USDT, VIP 1 trial cards for 14-day premium access, and USDT and MNT airdrops. Traders can earn Lucky Draw tickets by completing various tasks, such as trading at least 100 USDT, making their first Spot trade of 500 USDT or more, subscribing to Bybit Earn or trading MNTUSDT on Bybit’s Derivatives market. These rewards add an element of excitement and unpredictability to the competition, ensuring that even traders who don’t rank at the top of the leaderboards still have a chance to win prizes.

All Lucky Draw entries must be used before Mar 28, 2025, 10AM UTC, as any remaining chances will be forfeited after this deadline.

Should You Join the Crypto Zodiac League?

For traders looking to combine their love of astrology with competitive trading, the Crypto Zodiac League offers an exciting and rewarding opportunity. With a 1 million USDT prize pool, multiple ways to win and the chance to earn extra rewards through Lucky Draws, the event will appeal to both high-volume traders and those focused on profitability.

Beyond the financial incentives it offers, the event adds a unique social and competitive aspect to trading. By joining a Zodiac Squad, traders can collaborate, strategize and compete alongside others who share the same astrological sign. This sense of camaraderie and competition sets the Crypto Zodiac League apart from traditional trading events.

This event is also structured to offer rewards to a wide range of participants, ensuring that both experienced traders and newcomers have a fair chance to earn prizes. With squad leaderboards, individual performance rankings and daily competitions, every trader has multiple paths to success.

The Crypto Zodiac League is an exciting, astrology-themed trading competition that allows traders to compete, strategize and earn rewards based on their skills. The blend of skill-based leaderboards, social competition and Lucky Draws, is designed to create an engaging and dynamic trading environment. 

For anyone who’s passionate about crypto and enjoys the thrill of competition, this is an event not to be missed. So choose your Zodiac Squad, start trading and claim your cosmic rewards!

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Crypto Zodiac League: Squad Up for the Stars

Gold is projected to surpass $3,000 per ounce in 2025, driven by strong macroeconomic and geopolitical factors.

At the heart of gold's potential surge is the current macroeconomic landscape that’s characterized by persistent inflation and anticipated monetary policy shifts. Inflation rates in the U.S. are expected to remain above the Federal Reserve's target of 2%, creating an environment in which gold is expected to serve as a crucial hedge against currency devaluation. When inflation erodes purchasing power, investors often turn to gold to preserve their wealth.

Moreover, the Federal Reserve has signaled a shift toward monetary easing, with market expectations indicating potential interest rate cuts in the coming months. Lower interest rates decrease the opportunity cost of holding gold, making it a more attractive investment as compared to interest-bearing assets, such as bonds and savings accounts. With real interest rates projected to remain low or even go negative, gold could experience renewed demand as a safe store of value.

Geopolitical tensions further bolster gold’s appeal. Ongoing conflicts, particularly the strained U.S.-China relationship and the Russia-Ukraine war, create an atmosphere of uncertainty that drives investors toward safe-haven assets. During times of geopolitical instability, gold has historically seen increased demand as investors seek to mitigate risks associated with market volatility.

As global tensions escalate, the demand for gold is likely to rise, reinforcing its status as a reliable hedge against financial instability. Investors tend to flock to gold during crises, viewing it as a secure asset that retains its intrinsic value, especially when other markets are under pressure.

Another significant factor contributing to the bullish outlook for gold is the unprecedented demand from central banks around the world. In 2024, central banks collectively purchased over 1,000 metric tons of gold, marking one of the highest levels of accumulation in recent history. This trend is expected to continue into 2025, particularly among countries like China and Russia that are actively reducing their reliance on U.S. dollar reserves as part of a broader de-dollarization strategy.

This central bank buying provides a strong structural support for gold prices, minimizing downside risks. As these institutions accumulate more gold, the resulting scarcity in the market could lead to higher prices. The growing demand from central banks underscores the renewed confidence in gold as a strategic reserve asset, especially amidst economic volatility and geopolitical tensions.

From a technical perspective, gold is currently in a robust uptrend, trading above key moving averages and nearing critical resistance levels. If gold successfully breaks through the psychological barrier of $3,000 per ounce, momentum could carry it toward higher price targets, potentially reaching $3,200 or even $3,500. 

, such as relative strength index (RSI) and moving average convergence divergence (MACD), suggest that gold remains in a bullish phase, indicating further upside potential.

As gold approaches these key resistance points, technical traders will closely monitor its price movements. A successful breach of the $3,000 level could trigger momentum buying, propelling prices higher as investor confidence grows.

Finally, rising investor sentiment plays a crucial role in gold’s potential price surge. Increased inflows into gold-backed 

 (ETFs), in addition to speculative positioning in futures markets, reflect strong confidence among both retail and institutional investors. As ETF holdings rise, it signals renewed interest in gold as a safe-haven investment.

This optimism is bolstered by a general shift in market sentiment as investors are increasingly turning to gold amid concerns over economic stability and inflation. The combination of robust technical indicators, macroeconomic pressures and favorable investor sentiment positions gold favorably for a significant price increase in 2025.

In summary, gold is well-positioned to reach $3,000 per ounce in 2025, driven by a combination of persistent inflation, geopolitical uncertainty, strong central bank demand and positive technical indicators. As investors seek refuge in safe-haven assets, gold’s intrinsic value and historical performance during times of crisis will make it an attractive option for preserving wealth. The confluence of these factors suggests that gold's upward trajectory could continue, making 2025 a pivotal year for this precious metal.

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Bybit Commodity Insight Report: Why Gold Is Poised to Reach $3,000 in 2025

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Macro headwinds are impacting the crypto market, with a sell-off that began over the weekend deepening this week. BTC, ETH and most altcoins are declining alongside equities, gold and treasury yields, though derivatives markets are showing little bearish sentiment or increased volatility expectations. Among perpetuals, there are record consistent positive rates across most markets, indicating a reset in positioning. Meanwhile, ETH retains a volatility premium over BTC, but its term structure hasn’t inverted as sharply as in earlier sell-offs this month.

Please check out the report’s highlights.

Funding Rates Largely Positive Amid Sell-Off

Despite risk-off sentiment across asset classes this weekend and early this past week, USDT-denominated perpetual contracts have shown their most consistently positive funding rates within the past month. While these rates haven't reached the bullish levels of early December 2024, most have returned to a neutral level of 0.01%, signaling a reset in positioning due to recent market movements.

Tuesday's intensified risk-off sell-off led to a significant spike in BTC put trade volume as traders hedged against further declines. Unlike ETH, which leans bullish on calls, BTC's open interest is balanced between upside and downside protection. The volatility term structure is flat again, typical during sharp market moves, but this reflects a decline in longer-dated options, rather than a rise in short-term expectations.

As the sell-off in risk-on assets deepened this past week, ETH outperformed BTC. ETH derivatives markets are showing stronger sentiment, with higher call trade volumes indicating greater demand for upside positioning as compared to puts. However, ETH's volatility term structure has inverted more sharply than BTC's, as seen in previous significant market moves since last November (2024), with front-end volatility levels 15 points above those of BTC options with a similar tenor.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Feb 26, 2025): Sell-Off Deepends as Fund Rates Remains Positive

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Explore how you can participate in the EcoGalaxy: Mantle Surge campaign with our detailed guide.

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EcoGalaxy: Mantle Surge is an exciting new campaign that offers participants the chance to earn from a 1,000,000 MNT prize pool. This event, hosted by Bybit in collaboration with Mantle, integrates both on-chain and Bybit-specific tasks to reward users with wishes, which can be used for the Lucky Draw or leaderboard competitions. 

In this guide, we’ll break down everything you need to know about joining the campaign, maximizing your rewards and securing your share of the hefty prize pool.

Running from Mar 6, 2025 through Mar 27, 2025, EcoGalaxy: Mantle Surge is a limited-time event that incentivizes users to engage with both Bybit and the 

 through a gamified rewards system. Participants complete a mix of on-chain and Bybit tasks to earn wishes, which can be used to enter the Lucky Draw or climb the leaderboard for greater rewards.

This campaign not only boosts engagement within the Mantle ecosystem, but also offers substantial rewards for users who actively participate. With 1,000,000 MNT up for grabs, it's one of the biggest promotional events ever, designed to encourage trading, holding and on-chain interactions.

EcoGalaxy: Mantle Surge is structured around a dynamic wish-based system in which participants engage in various tasks to accumulate wishes that serve as their key to unlocking rewards. As mentioned earlier, these wishes can be used in two primary ways — either to enter the Lucky Draw or to compete on the leaderboard. However, once a participant commits their wishes to a specific reward path, those wishes are considered spent, and cannot be reused for another option. This means players must carefully strategize the way they allocate their wishes in order to maximize their potential winnings.

For participants who enjoy an element of chance, the Lucky Draw provides an exciting opportunity to win rewards instantly. Each attempt at the Lucky Draw requires a set number of wishes, and rewards are distributed on a first-come, first-served basis. This means that participants who act quickly and spin early have a better chance of securing high-value prizes before those prizes run out.

On the other hand, the leaderboard competition appeals to those who thrive on strategy and competitiveness. The more wishes a participant throws into the leaderboard pool, the higher their ranking — and the greater their potential rewards. However, leaderboard standings are not static, and rankings fluctuate as other users add their wishes. This makes it essential for participants to monitor their positions and adjust their strategies accordingly. 

At the end of each competition round, final rankings are locked in and rewards are distributed the following day. Since each round resets rankings, competitors have multiple chances to climb the leaderboard and claim their share of the 1,000,000 MNT prize pool.

How to Participate in EcoGalaxy: Mantle Surge

Now that you have a better understanding of the EcoGalaxy: Mantle Surge campaign, we’ll explore how to get started and earn a share of the 1,000,000 MNT prize pool!

Please note that you’ll first need to create a Bybit account before you can proceed with the following steps. For registration assistance, please check out our sign-up guide 

: Log in to your Bybit account and navigate to the EcoGalaxy: Mantle Surge page. 

to be redirected to the list of available tasks. 

button of the tasks to complete them and earn wishes.

: Once you’ve earned sufficient wishes, you may exchange them for Lucky Draw chances and try your hand at winning exclusive prizes. Alternatively, you can also climb the leaderboard to compete for even greater rewards.

If you’re looking for a unique way to earn rewards while engaging with both Bybit and the Mantle Network, EcoGalaxy: Mantle Surge is an event you won’t want to miss. This campaign offers one of the most substantial prize pools in recent memory, with a total of 1,000,000 MNT up for grabs, ensuring that both casual participants and competitive traders have a fair shot at winning.

What makes this event special is its dual reward system. Participants can choose between testing their chances in the Lucky Draw, where every spin is an opportunity to win instant prizes, or going all-in on the leaderboard competition, where the most dedicated users battle for top-tier rewards. This flexibility allows you to tailor your strategy based on your 

Beyond just the potential earnings, EcoGalaxy: Mantle Surge is also an opportunity to become more involved in the Mantle ecosystem. By completing on-chain tasks, you’ll get firsthand experience with Mantle’s infrastructure, opening doors to deeper engagement with the network beyond this event. 

With a limited time frame and a tremendous reward pool, there’s no better moment to participate. 

EcoGalaxy: Mantle Surge is a gamified, high-reward campaign that blends trading, staking and on-chain interactions into one competitive event. With 1,000,000 MNT in prizes, multiple ways to win and a limited time frame from Mar 6, 2025 to Mar 27, 2025, now is the time to participate.

Ready to lift off? Join the event now — and claim your share of the rewards!

How to Participate in EcoGalaxy: Mantle Surge

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards