On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […]
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August
Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $ 60,000 and $ 70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said, adding that he expects “prices to bottom, chop, and begin a slow grind …
Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving
Former Bitmex CEO Arthur Hayes has explained why he believes that “bitcoin and crypto prices in general will slump around the halving.” He added that from now until May 1, he “will be in a no-trade zone,” emphasizing that “April will experience extreme weakness in risky asset markets.” Bitcoin Price Will ‘Slump Around the Halving,’ […]
Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
Bitcoin’s price on Bitmex plummeted to $ 8,900 in a flash crash late Monday, diverging significantly from the global average price of around $ 67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing the dramatic price drop while other …
Former Bitmex Chief Foresees Bitcoin Rising to $1 Million Amid Banking Bailout and Money Printing Surge
Arthur Hayes, former CEO of crypto exchange Bitmex, has predicted a remarkable surge in the price of bitcoin, envisioning it reaching $ 1 million amidst anticipated banking bailout measures and significant money printing by the Federal Reserve. Hayes expects the troubled New York Community Bancorp (NYCB) to become bankrupt after Moody’s cut its credit …