On the 17th of November, an unknown individual who may have been working as part of a team targeted the dYdX exchange and its YFI token. Allegedly, the same actor had previously tried a similar strategy on the exchange’s SUSHI market merely 2 weeks prior. Good Trades Or Malicious Intent? These trades, which the platform’s...Read More
A new listing – AGIUSDT – featuring Artificial General Intelligence – the Delysium Network Token, will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000...Read More
Digital asset investment products experienced a cumulative inflow of $176 million in the past week, marking the eighth consecutive week of positive weekly inflows. The share of total cryptocurrency volumes held by Exchange-Traded Products (ETPs) is on the rise, averaging 11%, significantly surpassing the long-term historical average of 3.4%. The latest data suggest that this...Read More
[PRESS RELEASE – Warsaw, Poland, November 20th, 2023] De.Fi, a SocialFi & Antivirus SuperApp, has reached a significant milestone with the launch of De.Fi 2.0. Currently in the spotlight is the ongoing $DEFI token public sale, opened to users who want to join 2.0 Ecosystem. The project has already raised an impressive $5 million. The...Read More
The U.S. Department of Justice (DOJ) has requested that crypto exchange giant Binance pay $4 billion as a resolution to its lengthy investigation of the company. Such negotiations include the possibility that Binance CEO Changpeng Zhao (CZ) is charged with crimes possibly including money laundering, bank fraud, and sanctions violations. According to Bloomberg, an announcement...Read More
Javier Milei, a far-right libertarian, has emerged as the winner in Argentina’s presidential run-off election. Milei’s victory is crucial amidst Argentina’s ongoing inflation crisis. Notably, he is known for advocating the use of Bitcoin and has proposed replacing the Argentinian Peso with the U.S. dollar to respond to the current economic situation. Milei Wins Argentina...Read More
The U.S. Justice Department is reportedly seeking over $4 billion from Binance Holdings to resolve a criminal investigation that has been ongoing for several years. This proposed resolution is a significant move for the world’s largest cryptocurrency exchange, focusing on allegations of money laundering, bank fraud, and sanctions violations. The negotiations also suggest the possibility...Read More
Bitcoin (BTC)’s price will reach $150,000 by 2025 thanks to the upcoming “halving” and spot ETF approvals, wrote Bernstein in a Monday report. Analysts for the $691 billion asset manager’s crypto unit have modeled the asset’s future price based on its marginal production cost for miners, which they argue “acts as the price floor for...Read More
The options trading market for cryptocurrencies has witnessed a significant surge, illustrated by the impressive achievement of $15 billion in Bitcoin (BTC) options on Deribit last week. Deribit has firmly established its dominance in the BTC options arena, commanding an impressive 87% market share. This surge, which signifies a significant increase since late September, indicates...Read More
The cryptocurrency market is witnessing a sustained influx of investments, with major assets like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), and Ripple’s XRP experiencing significant inflows for the eighth week in a row. A new report highlights this trend, noting a remarkable $176 million inflow into crypto asset investment products. Exploring the Inflows...Read More
Tether, the world’s largest stablecoin issuer, froze $225 million worth of its dollar-pegged USDT tokens connected to a global “pig butchering” romance scam, the company announced on Monday. The freeze marks the largest in the company’s history, and applied to otherwise “external self-custodied wallets.” The action followed a joint investigation with crypto exchange OKX done...Read More
According to the data compiled by Bitinfocharts, Bitcoin’s hash rate reached a new all-time high yet again, climbing 547.79 Ehash/sec on November 19th. It broke the previous record of 526.71 established earlier this month. The latest jump represents over 169% increase since the beginning of the year from 203.58 Ehash/sec. Data suggests that the average...Read More
[PRESS RELEASE – Curaçao, Curaçao, November 20th, 2023] Leading online casino BC.GAME is proud to announce it has been named “Best Casino Operator” at the prestigious SiGMA Europe Awards, held in Malta. The coveted award highlights BC GAME’s distinguished standing among the world’s top online casinos and recognizes its continued dedication to responsible, player-focused operations...Read More
The tech world was taken by storm throughout the past few days with the news of the board of directors of OpenAI ousting Sam Altman – the co-founder and CEO of the company, from his position. The news came on Friday, and Mira Murati – the firm’s chief technology officer – was supposed to assume...Read More
Ethereum (ETH) bulls are dealing with the FOMO amid a power rally powered by the latest developments in spot exchange-traded funds (ETFs). This smart contract coin extended above $2,000 for the first time since July., even though it’s currently trading slightly below it. On the other hand, Investors in Bitcoin (BTC) are bullish, and the...Read More
Over the weekend, the total trading volume on Friend.tech exceeded $10 million, the highest for several weeks. However, industry analyst Colin Wu said, “This may be exit behavior.” Ethereum is being withdrawn from the platform as keys are being redeemed at a faster rate than they are being minted, according to Dune Analytics. Friend.tech ETH...Read More
This article looks into the balance of all candlesticks, specifically neutral candlesticks and how they forecast trading performance in crypto. What is A Spinning Top? A Spinning Top is a candlestick pattern which symbolises market indecision, with close prices close to each other and identified by its short upper and lower wicks. What are the...Read More
The downward trend in 2023 has failed to deter the steady pace of deals and investments in the digital market space. Binance Research’s latest report revealed that a substantial share of this sustained growth came from gaming and infrastructure projects. While the traditional VC share surged to 45% since the beginning of the year, the...Read More
Bitcoin enthusiasts are excited about recent developments surrounding Exchange-Traded Funds (ETFs) and a bold forecast from a prominent analyst. This projection suggests a potential 600% increase in the cryptocurrency’s value, potentially driving its price to an impressive $265,000. This optimistic view comes from the head of research at CoinShares, who firmly believes that this surge...Read More
Our new PYTH listing – PYTHUSDT – is now available to trade on BitMEX with up to 10x leverage. The listing began trading today at 14:15 UTC here. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX...Read More
A new listing – 100BONKUSDT – featuring BONK – the first dog-themed coin on Solana – is now available to trade on BitMEX, and with up to 10x leverage. For the lowdown on this Tether-margined listing, read on. Please note that while BONK is the coin, as it has such a small denomination, we are...Read More
On 21 November 2023 at 04:00 UTC, a new XBT futures contract, underlined and margined in Bitcoin, will be listed on BitMEX. The listing will expire on 26 January 2024. The new contract will be visible on the platform from 20 November at 04:00 UTC as ‘Unlisted’, 24 hours before the start of trading. This...Read More
