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Why is Crypto Down? This week hasn’t been too nice to Bitcoin. Since the start of the week, the leading cryptocurrency has lost some 20%, failing to break up from a long-term price triangle. This dramatic move — which came as there were optimists calling for Bitcoin to break higher to $20,000 — has..
Analysis In 2018, the executive on the board for the European Central Bank (ECB) declared Bitcoin, “the evil spawn of the financial crisis” — referring, of course, to the economic disaster 10 years prior. Interestingly, also born from the ashes of the mortgage crisis was the United States governme..
As speculation of regulatory guidelines and institutional investment in cryptocurrencies continues to unfold, keeping up with all of the developments can be challenging. However, Bitcoin futures have been available since the end of 2017, and they are increasingly available on regulated exchanges. T..
News BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces. Cryptocurrencies trade 24 hours a day, seven days a weekIn a Sept. 19 article by Bloomberg, Hayes noted that cryptoc..
News Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said. Fed echoes 2008 crisis movesIn a tweet on Sept. 18, Arthur Hayes, CEO of derivatives giant BitMEX, forecast ..
News BitMEX parent firm HDR Global Trading has hired a former executive of French banking group BNP Paribas as the group’s general counsel. 28 years of legal expertiseDerek Gobel, who served at BNP Paribas for more than 19 years, will now oversee HDR Global’s legal function and help the company mo..
News The chief operating officer (COO) at digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down. A spokesperson familiar with the matter told industry-focused media outlet The Block on Sept. 9: "We can confirm that Angelina Kwan is leaving the company and is on gardening lea..
Back in July, the chief executive of BitMEX, Arthur Hayes, duked it out with New York University economics professor Nouriel Roubini in a scathing debate. While many say Hayes won, he and his platform quickly went silent on social media, turning two once-active Twitter accounts into seeming ghost to..
News The team at Seychelles-registered crypto exchange BitMEX have accused fellow exchange Binance of plagiarizing BitMEX documents as part of its recent futures testnet launch. On Sept. 4, the platform published a sarcastic tweet, stating: “Congrats on the Testnet Futures launches @binance. Glad ..
Analysis The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics since January 2019. The ASA r..