BitMex

The crypto markets were rocked late Monday by a shocking flash crash of Bitcoin’s price on the BitMEX exchange. In a matter of minutes, the value of Bitcoin plummeted from around $67,000 to $8,900 before rapidly recovering. @syq reported that an enormous sell order of over 850 Bitcoins worth around $55 million on the BitMEX […]

The U.S. Securities and Exchange Commission (SEC) is facing criticism from influential figures in the finance and crypto sectors over its approach to crypto exchange-traded funds (ETFs). Even though the market has been growing more optimistic, the demand from investors for a Bitcoin tracking ETF amid its rally this year has yet to result in […]

United States-approved spot Bitcoin exchange-traded funds (ETFs) could eclipse the entire cryptocurrency exchange-traded product (ETP) market. According to new data from BitMEX research, the existing global market for crypto ETPs includes about 150 products totaling $50.3 billion in assets under management. The list includes spot and futures funds that typically track the performance of leading […]

The threat spelled out by Arthur Hayes, the former CEO and co-founder at BitMEX, said a potential downfall of Bitcoin’s recent statement is underlined. Hayes particularly concentrated on the launch of Spot BTC ETFs, highlighting that traditional financial (TradFi) asset managers could be an ugly brute threat against the pioneer cryptocurrency. In his year-end article, […]

BitMEX CEO and co-founder Arthur Hayes has noted the potential impact of successful spot Bitcoin exchange-traded funds (ETFs), suggesting they could spell doom for the leading cryptocurrency. Hayes expressed his concerns in a blog post on December 23, emphasizing the intrinsic value of Bitcoin in its dynamic nature. "Expression" is my last article of 2024. […]

BitMEX co-founder Arthur Hayes has shared his insights concerning a potential Bitcoin (BTC) rally on platform X. Alongside a chart depicting changes in net Reverse Repurchase Agreements (RRP) and Treasury General Account (TGA) balances, Hayes specifically referred to US Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In his statement, Hayes advised fellow Bitcoin enthusiasts […]

This year’s crypto conferences in Asia have ignited a spark of enthusiasm that’s hard to ignore. Reports from industry insiders suggest that the atmosphere was electric, particularly compared to similar gatherings in the United States. Messari and Blockworks Group de­serve commendation for curating e­xceptional lineups and fostering a live­ly discussion. The conference­s held in Asia during […]