Bitcoin Creator Satoshi is ‘Already Dead’, Claims BitMEX CEO

Bitcoin, Satoshi

Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead. “I think they’re already dead,” said Hayes about Satoshi, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. Satoshi is said to … Read more

Bitcoin Price Crashes 7% in Minutes: What Triggered the Plunge?

bitcoin price crash

On August 28, the bitcoin price abruptly crashed from $10,200 to $9,500 on major cryptocurrency exchanges including BitMEX, recording a staggering 7 percent drop within a span of minutes. The drop occurred hours before the weekly close of the BitMEX perpetual contract, which reflects the price of bitcoin on major spot exchanges. Most analysts have … Read more

BitMEXodus: Bitcoin Traders Abandon Exchange Amid CFTC Probe

bitcoin traders leaving bitmex

July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading platforms: BitMEX. BitMEX Just Had Its Worst Month Ever by One Key Metric Data curated by TokenAnalyst reveals that BitMEX, a cryptocurrency exchange that offers up to 100x leverage, suffered … Read more

Binance, in One-Two Punch to Rival Exchanges, Readies Margin Trading

Binance

By CCN.com: Cryptocurrency exchange Binance has given followers a peek into its margin trading screen, and its native cryptocurrency BNB surged as much as 10% in response. Speculation about Binance’s expansion into margin trading has been swirling for a while. True to the company’s style, they took to Twitter to reveal a screenshot of the … Read more

BitMEX CEO Hayes Comes Full Circle, Predicts $50,000 Bitcoin Price

arthur hayes bitmex crypto bitcoin exchange

The bitcoin price is holding at the $5,100 level, which is drowning out the bearish voices.

BitMEX CEO Arthur Hayes isn’t always the biggest bitcoin bull in the room, but he’s coming around. Hayes predicts the bitcoin price could reach at least $50,000 in the next two-to-five years. Clearly, the bitcoin price has had the wind at its back in 2019, which made the crypto community quick to forgive the wrong calls during crypto winter.

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‘Gravity’s a B*tch’: BitMEX CEO Mocks Crypto Firms for Failure of ‘Poo Poo’ ICOs

arthur hayes bitmex crypto bitcoin exchange

The research team at BitMEX exchange has released a report in collaboration with TokenAnalyst which reveals that various ICO teams in 2018 gifted themselves a grand total of $24.2 billion worth of crypto tokens. The abstract of the piece is quick to state that “in reality liquidity was too low for this value to be … Read more

Analyst: 2019 a Year of Accumulation For Bitcoin, Recovery by Year’s End

bitcoin

In the past 24 hours, the crypto market has recovered from $120 to $123 billion as the Bitcoin price avoided a further drop below the $3,600 mark. Ethereum has also been able to rebound relatively quickly from the delay of the Constantinople hard fork, which initially caused a 10 percent drop from $130 to $116. … Read more

Hong Kong Crypto Exchange BitMex Shutting Down Trading Accounts in the US and Quebec

The Hong Kong-based bitcoin futures exchange BitMex, is pulling the plug on trading accounts in the US and in the Canadian province of Quebec amidst growing regulatory restrictions in North America. Although BitMex is one of the most active bitcoin trading platforms in the world with a current turnover of $928 billion, the trading platform … Read more

Bitcoin Surges 5% in Minutes: Can it Lead to Bigger Rallies This Month?

The Bitcoin price has surged by six percent on the day to $4,070, breaking out of the $4,000 mark comfortably for the first time since Christmas Eve. Bitcoin’s strength does not convince many traders of a big short-term bull rally. Could Bitcoin Engage in Bigger Rallies in January? With a 20 percent increase in its … Read more