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What Market Pundits Say Comes Next For Bitcoin Following BitMEX’s Indictment

Crypto analyst Willy Woo has recently voiced his inclination on the great confidence he still has in Bitcoin despite its dwindling market price. According to Woo, the market has been unjustly overawed because BitMEX wasn’t hacked but its founders were charged by the CFTC for violating the US Bank Secrecy Act. He also states “No […] дальше »

2020-10-7 01:16


BitMEX's downtime on 19 May solely a hardware issue or something more suspicious?

The rise and fall of Bitcoin have been associated with many factors and one of them involved the impact whales have had on the market. In the past few months, the BTC market saw three major dumps, cauThe post BitMEX's downtime on 19 May solely a hardware issue or something more suspicious? appeared first on AMBCrypto. дальше »

2020-5-23 00:30


Here’s Why Bitcoin Didn’t Bottom at $3,800 According to a Top Analyst

While Bitcoin seemingly remains in a bear trend, sentiment has spread over the past few days that the cryptocurrency market has bottomed; analysts cite the fact that BitMEX funding rates are decisively negative, suggesting an extreme bottom, along with other technical analysis-based evidence to back their lofty opinion. But according to a top analyst, there... дальше »

2020-3-15 22:30


Neither Bitcoin Nor Gold; Is Cash the Only Safe Haven During A Panic?

Bitcoin had its worst sell-off in 7 years as it dropped to $3,850 and even lower at $3,600 on BitMEX that resulted in only 44% of Unspent transaction output (UTXOs) in profit. Bitcoin’s market value to realized value (MVRV) has also fallen below 1 while Net unrealized profit/loss (NUPL) has dipped into capitulation. Bitcoin and […] дальше »

2020-3-14 18:05


Gold on Track for Biggest Weekly Drop in 7-Years, Acting As A Better Safe Haven than BTC

A day before the market went into a full-on panic mode because of Bitcoin price crashing nearly 45%, BitMEX CEO Arthur Hayes published a regular note on March 12th on his exchange where he talks about how despite trading below $8,000 Bitcoin outperformed most global equity indices in 2020. But not anymore. The world’s leading […] дальше »

2020-3-14 20:55


Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights: Bitcoin plunges to $3.8K for the first time since April 2019. The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange. The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets. Bitcoin fell to its 10-month low... дальше »

2020-3-13 15:31


Ex-Wall Street Team Builds ExOne Platform To Battle The ‘Fragmented’ Crypto Market

On Wednesday this week, XRP perpetual contracts on BitMEX experienced a flash crash causing an outrage from users, some complaining that their whole account was wiped out. For a relatively big exchange like BitMEX flash crashes should be rare but happens all the time due to liquidity issues as the crypto market continues to mature. […] дальше »

2020-2-14 19:26


Bitcoin's derivatives market: Why Bakkt isn't gaining market share compared to Bitmex, Deribit

The cryptocurrency world had been eagerly waiting for Bitcoin [BTC] to breach crucial resistance at $9.8k and enter the $10k club. Even though Bitcoin's price did surge past the $10k mark, it couldn'tThe post Bitcoin's derivatives market: Why Bakkt isn't gaining market share compared to Bitmex, Deribit appeared first on AMBCrypto. дальше »

2020-2-10 18:00


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Bitcoin Hits New Yearly High For the Second Day in a Row

Bitcoin once again hit a new yearly high, for the second consecutive day. This morning Bitcoin reached a price of $9869 on BitMEX, the largest and most liquid crypto trading exchange. Bitcoin, has been having a stellar year so far It’s been another wonderfully good day for Bitcoin, and every other coin in the top ten by market cap, except Bitcoin SV which is in the red. дальше »

2020-2-7 23:04


Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move Ahead

The institutional traders on CME Group’s Bitcoin futures trading desk and the retail traders and crypto whales trading on BitMEX often dominate the market and dictate where the market goes next. With Bitcoin futures contract expiry coming up this Friday, and with BitMEX open interest soaring to new highs every hour, an incredibly massive and... The post appeared first on NewsBTC. дальше »

2020-1-28 22:00


BitMEX: Bitcoin Lightning Usage Higher Than Expected, And It’s Crucial For BTC

According of a research report from BitMEX, the largest cryptocurrency margin trading platform in the global market, the usage of the lightning network on bitcoin has surpassed expectations. More than 60,000 lightning network non-cooperative channel closures were recorded, and around 6,000 BTC were spent for closure transactions. дальше »

2020-1-13 11:31