BitMEX Breaks Industry Record With 1 Million Bitcoins Traded in One Day

BitMEX Breaks Industry Record With 1 Million Bitcoins Traded in One Day
фото показано с : bitcoinist.com

2018-7-26 16:00

Hong Kong-based trading platform Bitcoin Mercantile Exchange (BitMEX) has revealed it traded over 1 million Bitcoin in the 24 hours through July 24.

‘Astronomical Surge’ In Volume

As Bitcoin prices continue to hover above $8000, major exchanges have handled daily volumes exceeding $5 billion this week. For a single venue, however, BitMEX claims it has broken an industry record.

“The astronomical surge in trading volume, coupled with the steadily rising price of bitcoin, is reflective of the market’s increasingly sophisticated understanding of the potential of bitcoin to redefine global markets,” CEO Arthur Hayes said in a press release.

Previously seeing $800,000 daily BTC volumes, BitMEX had also secured a combined daily volume of $1 billion, also becoming the first such venue to do so.

It should also be noted that BitMEX doesn’t serve US-based customers, adding further evidence to Asian traders driving the current Bitcoin price 00 rally.

BitMEX CEO Favors A Return To $5k

Sentiment among Bitcoin traders remains buoyant amid speculation a renewed push to launch a Bitcoin exchange-traded fund (ETF) might be successful this year.

As legal sources now suggest regulators may postpone their decision on some offerings until 2019, other commentators remain convinced that this week’s dramatic price rise is more than a temporary period of enthusiasm.

Citing a raft of statistics from exchanges as well as overall Bitcoin network volumes, eToro’s Mati Greenspan concluded current BTC/USD levels are based on more than simply speculative activity.

In comments to mainstream media last week, however, Hayes was more pragmatic. Speaking to CNBC after prices had already begun moving upwards, he warned that for a retest of all-time highs, Bitcoin should ideally fall at first – to $5000 or below.

“I would like to see us test $5000 to really see if we’ve put a bottom in,” he told the network. “…If that holds then we can rally to $50,000 by year end.”

Other analysts have also called for a return to lower levels in order to solidify Bitcoin market sentiment, Tone Vays previously saying $5000 represented his “most optimistic” scenario.

What do you think about BitMEX’s trading volume record? Let us know in the comments below!

Images courtesy of Shutterstock

The post BitMEX Breaks Industry Record With 1 Million Bitcoins Traded in One Day appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66889.16 (-0.06%)
Объем 24H $28.438b
Изменеия 24h: 2.41 %, 7d: 10.44 %
Cегодня L: $66863.41 - H: $66889.16
Капитализация $1317.696b Rank 1
Цена в час новости $ 8218.01 (713.93%)

bitcoin bitmex industry traded record million astronomical

Источник: bitcoinist.com

bitcoin bitmex → Результатов: 47


Фото:

BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why

BitMEX, the leading Bitcoin and crypto-asset derivatives exchange, has long played a central role in these nascent markets. The firm’s Bitcoin (XBT) perpetual swap — the infamous vehicle that allows traders to 100x leverage their capital in exchange for mind-blowing profits or a brutal margin call — just months ago passed $2 trillion in contracts […] The post BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why appeared first on CryptoSlate.

2020-3-23 11:20


This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally

Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash.  According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control. BitMEX’s Funding Rate Signals Good...

2020-3-22 08:17


Фото:

BitMEX Exchange now Supports Withdrawals to Native SegWit Addresses

Bitcoin Mercantile Exchange (BitMEX) a bitcoin trading venue that offers professional traders up to 100x leverage, Bitcoin futures and swaps, has announced that it now enabled Bech32 sending support on its platform, making it possible for its users to withdraw their bitcoins (BTC)  to their Bech32 wallets and enjoy exciting benefits, according to a blogRead MoreRead More.

2019-12-14 22:00


Фото:

Bitcoin Sudden Breakthrough ‘Unlikely’ In Scalability Quest, Says BitMEX

Researchers at one of the biggest Bitcoin derivatives giants believe there is no point waiting for a specific innovation to take Bitcoin mainstream. BitMEX: Bitcoin Will ‘Slowly Improve’ Presenting a new forecast on October 6, BitMEX Research, the analytics arm of BitMEX, said new tools such as the Lightning Network would not transform Bitcoin overnight.

2019-10-7 13:00


Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope

BitMEX traders might have had the worst when it comes to yesterday’s Bitcoin collapse. The price of Bitcoin fell from $10,200 to $9,500 in one fell swoop. However, just as the BitMEX traders thought the nightmare was over, it got worse as the price collapsed by another 4% and is now, finally consolidating as the […] The post Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope appeared first on AMBCrypto.

2019-8-29 17:00


Фото:

BitMEX выдала грант разработчику Bitcoin Core

Оператор биржи криптовалютных деривативов BitMEX компания HDR Global Trading Limited сообщила о выделении гранта в размере $60 000 разработчику Bitcoin Core Майклу Форду. Средства помогут ему вести полноценную работу над проектом, не отвлекаясь на другие вопросы.

2019-7-14 21:00


BitMEX exchange hits $1 trillion in Bitcoin trading volume following the parabolic advance of Bitcoin

The parabolic advance that started on April 2, caused a lot of FOMO, pushing the price as high as $13,800; the rally ended on June 26, and it has been a slow day ever since. BitMEX, one of the most famous leverage trading exchanges, known for its Bitcoin perpetual contract, surged with traders trying to […] The post BitMEX exchange hits $1 trillion in Bitcoin trading volume following the parabolic advance of Bitcoin appeared first on AMBCrypto.

2019-6-30 10:30


CEO BitMEX по-прежнему верит в биткоин по $50 000 до конца 2018 года

CEO криптовалютной биржи BitMEX Артур Хэйес заявил, что биткоин «нащупал дно» и по-прежнему верит, что до конца года цена первой криптовалюты имеет все шансы подняться до $50 000. Такое мнение он высказал в пятницу в интервью телеканалу CNBC.

2018-6-30 12:25


«Цена биткоин достигнет 50 000$ в конце 2018 года», — генеральный директор BitMEX

В пятницу вечером биткоин неожиданно получил рост объема биржевых торгов, из-за чего быстро отскочил от уровня цены в 5 800 долларов США. Сообщение «Цена биткоин достигнет 50 000$ в конце 2018 года», — генеральный директор BitMEX появились сначала на Freedman.

2018-6-30 11:57


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

CEXs saw record-breaking trading volume as Bitcoin touched ATH

On Mar. 5, Bitcoin reached the all-time high it posted in November 2021, breaking through $69,000 in the late afternoon UTC. However, Bitcoin’s stint at its ATH was extremely brief and was quickly followed by a sharp 14% correction that pushed its price down to $59,300.

Binance.US Hit Hard: Trading Activity Tanks 98% Amid SEC Squabble

Binance. US finds itself grappling with an array of difficult obstacles, each of which has contributed to a notable downturn in its trading operations. These unforeseen obstacles have collectively cast a shadow over the platform’s once-vibrant trading landscape, prompting concerns about its sustained viability in the market.

Centralized exchanges grapple with declining trading volume

Bitcoin’s narrow trading range and lack of liquidity have considerably impacted centralized exchanges. Given their importance for the market, analyzing volumes across centralized exchanges is becoming instrumental in gauging crypto market sentiment.