The United States Department of Justice (DOJ) has revealed that the founders of the Seychelles-based cryptocurrency exchange BitMEX – Arthur Hayes and Benjamin Delo – had pled guilty of violating the Bank Secrecy Act (the BSA). The authorities said the derivatives trading venue was “in effect a money-laundering platform” due to its willful failure to implement...Read More
Arthur Hayes – co-founder of BitMEX – just gave an interesting Bitcoin price forecast in his bi-weekly analysis. Despite his expectations that the Federal Reserve won’t raise interest rates, he still doubts Bitcoin’s bottom will arrive until a $28,500 retest. Calling the Fed’s Bluff In BitMEX’s latest post from Crypto Trader Digest titled “Bottomless,” the...Read More
After months of complete silence from one of the biggest proponents of cryptocurrencies and arguably one of the most influential people in the industry, Arthur Hayes is back. The former CEO of BitMEX shared his thoughts on some pressing and trending matters – the state of the “crypto capital markets” following the fiasco with GameStop...Read More
Bitcoin, the world’s largest cryptocurrency, is in the news again after American economist and popular crypto-critic Nouriel Roubini claimed that it had no intrinsic value, adding that BTC is heavily manipulated. Taking to Twitter on Thanksgiving Day, the crypto-skeptic, in fact, also went on to blame retail investor FOMO for the latest Bitcoin price drop....Read More
100x Group, the organization that owns and operates the popular Bitcoin derivatives platform BitMEX, has appointed a new Chief Compliance Officer – Malcolm Wright. According to the official announcement, Wright will lead the company’s compliance efforts globally. He will assist with BitMEX’s goal to complete its User Verification Programme and to “further enhance our compliance...Read More
A few days after being charged and arrested by the US Department of Justice, BitMEX CTO Samuel Reed has been released on a $5 million appearance bond. His release came with two conditions. Those are: Reed has to appear for court proceedings, and if convicted, to “surrender to serve a sentence that the court may...Read More
Following the fiasco between the United States Commodity and Futures Trading Commission and BitMEX – one of the world’s largest crypto derivatives platform, there will be major shifts in the executive management of the latter. As per an official announcement published today, October 8th, Arthur Hayes, the well-known CEO of the company operating BitMEX, will...Read More
Yesterday, the United States Commodity Futures Trading Commissions (CFTC) filed charges against BitMEX and its executive team, pressing both criminal and civil allegations. Its CTO, Samuel Reed, was arrested. The platform’s CEO, Arthur Hayes, and its cofounder Ben Melo are still under the radar. The news spread quickly throughout Crypto Twitter, and of course, the...Read More
Ethereum’s next target is $500, according to BitMEX co-founder and CEO Arthur Hayes. He expressed his amazement about ETH’s surge to $400, calling for the continuation of the rally. Ethereum Breaks Above $400 For First Time Since August 2018 On Sunday, Ether hit the highest level in two years, breaking above $400 for the first...Read More
Bitcoin’s price took a turn for the best over the past couple of days as it breached the coveted $10,000 mark in today’s early hours. Naturally, this brought a lot of excitement in the cryptocurrency community, and a definitive testament of this is the reaction of Arthur Hayes – the CEO of one of the...Read More
The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits. BitMEX Flatters Its Corporate Customers In the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of...Read More
Arthur Hayes, the CEO of one of the leading Bitcoin derivative exchanges, BitMEX, has once again slammed a cryptocurrency for being a “shitcoin.” This time it was Bitcoin Cash (BCH) that’s under his radar. BitMEX Listing BCH/USD Perpetual Contract In an announcement from June 01st, 2020, BitMEX revealed that it’s going to launch a BCH/USD...Read More
Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator. A ‘head-fake’ trade happens when an asset price makes...Read More
Over the past two years, BitMEX, a prominent Bitcoin derivatives platform, has gained much traction within the cryptocurrency trading community; in 2017, most BTC traders kept to trading on spot exchanges, meaning without leverage, though the tides have changed in the past two years as investors seek more profits.Related Reading: BitMEX Research Predicts Bitcoin Trading...Read More
One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company. Law Case Against BitMEX For $300 Million...Read More
BitMEX accuses Binance of plagiarism, but it’s not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN. Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in...Read More
Bitcoin price trajectory is heading back to $20,000, BitMEX CEO Arthur Hayes has said as he returns to the spotlight after a month-long absence. Hayes Emerges For Conference In a tweet on September 3, Hayes, who at the start of August said he was abandoning public life, will attend the Invest Asia conference in Singapore...Read More
‘No news is good news’, or so they say. But the continued lack of communication from BitMEX, or its illustrious commander-in-chief, Arthur Hayes, may be cause for concern. Especially considering the things that we do know are happening with the company, and Hayes’ previous level of social media interaction. Have You Seen this Bitmex CEO?...Read More
