These 2 Factors Show Bitcoin Will Shake Off Chilling “Perfect Reversal” Signal

Bitcoin has been on a tear over the past two days. After breaking past $7,800 on Tuesday evening, the cryptocurrency entered a steep uptrend that saw no serious pullbacks until 36 hours later when BTC hit $9,500. This marked a 20% rally from the lows. This move largely caught traders off guard, with crypto derivatives […]

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BitMEX CEO: ‘All in, Motherf*ckers’ on Bitcoin and Gold

BitMEX founder Arthur Hayes put out a thought-provoking piece on the company blog today. He talks about the effect of the COVID-19 crisis on the global economy and states that nothing will ever be the same again. “The USD fiction is over. It’s time for a new mental crutch.” He’s opting for Bitcoin and gold–what […]

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BitMEX Donates $400,000 to Cyber Security Organisation

BitMEX parent company HDR Global Trading Limited has become a partner of nonprofit Shadowserver Foundation. HDR will sponsor the nonprofit by offering $400,000 over the next four years. BitMEX Operator Becomes Member of Shadowserver Industry Alliance Shadowserver Foundation is an organization that collects and analyzes data on malicious activity on the Internet. HDR has become […]

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Major Bitcoin Influencer ‘Can No Longer Recommend’ Trading On BitMEX

Following the recent major bitcoin and cryptocurrency market crash, popular influencer WhalePanda tweeted that he could “no longer recommend” trading on BitMEX, following criticism of the platform’s handling of the situation. While prices plummeted, BitMEX, ‘very conveniently’ according to WhalePanda, went offline twice during peak trading, citing firstly a ‘hardware issue’ followed by a DDOS […]

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U.K Financial Regulator Accuses BitMEX Of Illegal Operation

The United Kingdom’s Financial Conduct Authority (FCA) has just issued a statement accusing BitMEX of providing financial services without proper authorization. It is advising British citizens to stay away from the controversial exchange. BitMEX Compared To Scammers This statement by Britain’s financial watchdog warns against any involvement with BitMEX. It does not directly accuse BitMEX […]

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BitMEX Insurance Fund Seems To Be Working As Intended: CryptoQuant

Following the BitMEX Insurance Fund’s continued growth throughout the year, data provider, CryptoQuant, took a deeper look at the derivatives specialist’s on-chain data. Insurance Fund Now Holds 0.18% Of All Bitcoin Over the past 12 months the BitMEX Insurance Fund grew to almost 33.5k BTC, representing a 62% increase from the 20.77k BTC it held […]

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IEOs Just as Shocking as ICOs, BitMEX Data Shows

Tokens that emerged from Initial Exchange Offerings (IEOs) have demonstrated a poor performance this year, according to BitMEX research. Most IEOs Have Failed Despite Bitcoin Surge In May of this year, BitMEX published its first piece of research on IEOs, concluding that the market was doing much better than initial coin offerings (ICOs). In fact, […]

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Europeans Trade Bitcoin Futures the Most on BitMEX: Data

In the past month, European business hours became extremely active for bitcoin futures trading on BitMEX futures.  European Traders Pick Up the Slack on BitMEX New data shows European bitcoin traders became active in the past month, making up the bulk of volumes on the BitMEX  XBT/USD perpetual contract. European hours have been the most […]

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BitMEX Daily Volume Hits 2019 Low, ‘Market Officially Lifeless’

BitMEX, the most active futures market, is slowing down as it grinds towards the end of the year. The BTC volume on the exchange has now dropped to the lowest levels in 2019. BitMex Slows Activity to Levels of November 2018 The current BTC volumes resembles the situation of November 2018, when BTC stagnated and […]

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