In the world of trading, recognising key market patterns can determine the difference between whether you profit and loss. This is even more prudent in a volatile market like crypto. In particular, there are market patterns which help signal market extremes, such as blowoff tops and selling climaxes. They are crucial indicators which can help...Read More
Timing the market is the holy grail for many traders, but the reality is that it’s an extremely difficult task. Far too often, new traders get caught up in “buying the dip” or “selling the top” — only to end up nursing heavy losses when their market timing works against them. There’s a notorious trading...Read More
Tomorrow at 04:00 UTC, MAGA (TRUMP) and Kamala Horris (KAMA) – the US election memecoins – are coming to BitMEX Spot for users to deposit, buy, and trade the TRUMP and KAMA tokens on BitMEX. You will be able to deposit, buy, and trade TRUMP here and KAMA here. For a lowdown on the new...Read More
When trading cryptocurrencies, it’s crucial to understand some key concepts that help analyse market trends. Two important terms you’ll often hear are volume and open interest. These metrics, while primarily used in futures markets, provide valuable insights into trading activities and market sentiment. Let’s break it down. What is Volume? Volume refers to the total...Read More
A new perpetual contract listing – TONUSDT – featuring Toncoin – is now available to trade on BitMEX, with up to 20x leverage. Trading for TONUSDT started here at 04:00 UTC on 19 August 2024. For the lowdown on the latest listings, read on. If you haven’t signed up for a BitMEX account yet, we’re...Read More
What Are Bollinger Bands? Bollinger Bands are a popular tool in technical analysis used to measure market volatility and identify potential price trends. Created by John Bollinger in the 1980s, this tool consists of three bands: Middle Band: A moving average (typically 20 days) Upper Band: Two standard deviations above the middle band Lower Band:...Read More
A new listing – BANANAUSDT – the trading bot, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 16 August 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
A new listing – ATHUSD – featuring Aethir, a cloud computing infrastructure platform – 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 in...Read More
Abstract: We make a brief comparison between some of Bitcoin’s supposed “layer 2” systems, such as Lightning, Ethereum (WBTC), Blackrock’s $IBIT and a sidechain called CoreDAO. We argue that a critical factor to consider is whether the system is non-custodial or not. CoreDAO has non-custodial Bitcoin staking, however, we conclude by claiming that it was...Read More
(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Water, water, every where, And all the boards did shrink; Water, water, every where, Nor any drop to drink. – Coleridge,...Read More
A new listing – NEIROUSDT – featuring Neiro, a Solana meme coin, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 13 August 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet,...Read More
As of 9 August 04:00 UTC, four new Prediction Markets are available to trade on BitMEX to predict and take positions on the outcomes of the following: P_TRUMPX24: Whether or not Donald Trump wins the election P_KAMALAX24: Whether or not Kamala Harris wins the election P_POWELLK26: Whether Jerome Powell will quit or get fired before...Read More
(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) What do you do when the market is down but you have an election to win? That’s an easy answer if...Read More
As a beginner crypto trader, navigating trading charts can be overwhelming – especially given the countless techniques and tools available. Before diving into the technical aspects, it’s essential to understand what technical analysis is, why it’s important for trading success, and how it’s different from fundamental analysis. What is Technical Analysis? Technical analysis is the...Read More
Trading in the crypto markets can be a rollercoaster – your portfolio can soar to all time highs or plummet if you fail to control your risk. Success in trading isn’t about how much you make but how much you keep, as a single decision can make or break your portfolio. One such decision comes...Read More
Abstract: In this piece we compare the economic costs of attacking a Proof of Work network and a Proof of Stake network. We break down the analysis between the cost to rent the hashrate/stake and the cost to buy the hashrate/stake. We address the misconception than Proof of Stake networks are inherently much more expensive...Read More
A new listing – POPCATUSDT – the Solana Memecoin, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 24 July 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
On 26 July 2024 at 04:00:05 UTC, BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index pages for the actual Index...Read More
On 20 May 2024, Dr Craig Steven Wright was found by the High Court of England and Wales to have been dishonest in his claims to have been the person behind the pseudonym Satoshi Nakamoto (the creator of Bitcoin). The Court found that Dr Wright “lied to the Court extensively and repeatedly” in his evidence...Read More
Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. Last summer, I travelled to the mecca of doosh doosh (house music) in Ibiza. It was a specialist mission...Read More
In response to the U.S. Department of Justice’s decision to file a charge of Bank Secrecy Act (BSA) violation against HDR Global Trading Limited (HDR), the entity owning and operating BitMEX, we would like to share the following statement: The BSA charge is old news – this is the same charge brought in 2020 against...Read More
Please see below our commentary from the courtroom in London, for the hearing which took place on 7 June 2024. This hearing related to the COPA vs CSW identity trial, which CSW lost. The main topic of the gearing focused on what injuctions, if any, to impose on CSW following on from his loss. We...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Some of y’all be like: “The crypto bull market is over.” “I need to launch my token now because...Read More
A new listing – BLASTUSDT – the native token of Blast Network, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 27 June 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet,...Read More
Don’t know where to start with crypto options? Introducing Strategies on BitMEX Options: the place for you to execute ready-made options trading strategies instantly in a few clicks. The new feature is your comprehensive solution to… Quickly scan through a diverse range of trading strategies with the best risk-reward profiles Gauge trade payoff details with...Read More
On 28 June 2024 at 04:00:00 UTC, we will update our index weights at BitMEX. From today, the hypothetical values of indices with their new weights will be published as the “NEXT” index family (e.g. .BXBT_NEXT). As of 28 June 2024 at 04:00:00 UTC, assuming no constituent exchanges have been excluded – and due to...Read More
Earlier in Q4 2023, we replaced all customers’ deposit addresses to improve our use of Bitcoin block space, so that they no longer use an on-chain multisignature wallet containing the BitMEX founder private keys. You can find more information about the wallet upgrade announcement here. This time around, we will transfer the remaining Bitcoin from...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I have just finished the first book, “Red Mars,” in a trilogy by Kim Stanley Robinson. One of the...Read More
Two new listings will be available to trade on BitMEX, with up to 10x leverage: ZROUSDT (LayerZero) and TREMPUSDT (Doland Tremp). Trading is expected to commence at 04:00 UTC on 21 Jun 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering...Read More
A new listing – ZKUSDT – the native token of zkSync, is now available to trade on BitMEX, with up to 10x leverage. Trading started here at 12:00 UTC, shortly after spot markets have opened on 17 June 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a...Read More