Ethereum Hitting $10K By End Of 2022 Still Possible, Bitmex Former CEO Says
Arthur Hayes, the Former CEO of Bitmex, harped on the potential of Ethereum registering $10,000 in value by the end of 2022. But, he reiterates that the market could be turbulent, especially in the middle of the year. More so, Hayes also expressed his opinion regarding the downfall of Terra, which is the direct result […]
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From times immemorial, the Bitcoin and Ethereum camps argue about nodes and their respective blockchains’ characteristics. This mind-bending report by BitMEX Research will put the debate to rest. Surprisingly, they determine that the Bitcoin blockchain is still bigger than the Ethereum one. This will soon change, though. BitMEX Research also concludes that size is not […]
Crypto derivative platform BitMEX’s struggle with the American authorities took a toll on Bitcoin and Ethereum markets. The US Commodity Futures Trading Commission on Thursday filed criminal charges against the owners of BitMEX, accusing them of facilitating money laundering and other illegal financial transactions. The news prompted derivative traders to withdraw more than $25 million […]
It’s official – the U.S. government has the Bitmex exchange in its headlights. With one Bitmex leader in custody and others on the lam, the exchange is practically toast. New York Times broke the story on October 1 showing how charges related to money laundering and reckless financial activity have left Bitmex backers in a […]
The former executives of bitcoin derivatives platform BitMEX face trial over money laundering charges next year.
Ethereum has undergone a strong rejection at the daily highs due to fundamental news pertaining to BitMEX. On Thursday morning, the CFTC of the U.S. announced that it is charging BitMEX for derivatives and anti-money laundering violations. Bitcoin dropped in response to the news, falling from $10,900 to $10,450 in the span of an hour or two. Ethereum and other altcoins also plunged as well, leading to the ongoing correction. While this was notable for […]