‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

When Arthur Hayes has an opinion, he doesn’t tend to mince words. The BitMEX CEO and noted pot-stirrer stayed true to form on Tuesday when using a few, err, colorful illustrations, he predicted that the ethereum price is on track to plunge to double-digit price levels. Writing in BitMEX’s “Crypto Trader Digest,” the exchange operator’s

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Did ICOs Cause Ethereum to Drop by 44% in 2 Weeks by Dumping on the Market?

Within a period of two weeks, from August 1 to August 14, the price of Ether, the native cryptocurrency of the Ethereum network, dropped by 44 percent. In 14 days, the price of Ethereum plummeted from $470 to $260, reaching its lowest point in 2018 by falling below the $300 mark for the first time

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Bitcoin Trading Platform BitMEX Hits 1 Million BTC in Daily Volume [Again]

Bitcoin investors might be suffering under the weight of one of the asset’s heaviest-ever bear markets, but for cryptocurrency derivatives exchanges like BitMEX, the mood is anything but sour. “What market downturn?,” began a press release sent from a public relations firm representing BitMEX, reporting that the Seychelles-based exchange had on Wednesday crossed 1 million

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Bitcoin Price Intraday Analysis: BTCUSD Beating Continues

It was consolidating sheepishly until a big red candle just appeared out of nowhere. The bitcoin price, at the time of this writing, has dropped to around $7,000 in what seems like a carefully orchestrated dump. We cannot tell what has caused a $500 drop in the past four hours, but people are already blaming

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Wall Street Traded $572 Million in Bitcoin Futures During Tuesday’s Bull Run

The bitcoin price is rallying, and this time, it looks like Wall Street has shown up to the party. On Tuesday, bitcoin brief briefly broached the $8,500 threshold on Bitfinex for the first time since mid-May, and while it has since pulled back several hundred dollars from that two-month high, it has nevertheless risen 10

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Bitcoin Gains: BitMEX Trades Record 1 Million XBT In 24 Hours

BitMEX, a P2P trading platform offering leveraged contracts bought and sold in bitcoin, traded close to 1 million in XBT in the last 24 hours, worth more than $8 billion, an industry record, the company noted in a tweet. The platform, which offers a variety of contracts, including perpetual contracts and contracts with fixed date

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Worst Not Yet Over for Bitcoin Price: BitMEX CEO Arthur Hayes

Seems like that anticipated trip to the Lambo dealership will have to be put off for later. According to the co-founder and CEO of Bitcoin Mercantile Exchange, Authur Hayes, the rally that bitcoin has experienced this week was accompanied by healthy volumes, making it possible for higher levels to be reached. However, prices could reverse

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Octagon Strategy Remains Bullish on Bitcoin Despite Price Decline

Digital asset broker Octagon Strategy has said that the company “remains bullish” on bitcoin despite the current decline in price and the possible obstacles that await it in the future. Bitcoin’s continued dip in price has led to a new set of bearish sentiments as regards its future and the possibility that it can reach

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Hayes: A positive regulatory ETF will push Bitcoin to $50,000 in 2018

Arthur Hayes, the Co-Founder and CEO of BitMEX, a Peer-to-Peer Trading Platform that offers leveraged contracts that are bought and sold in Bitcoin predicts that the pioneer cryptocurrency will sell for at least $50,000 by the end of 2018. Hayes made his prediction while speaking on the CNBC Fast Money show on June 29 2018.

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Bitcoin Cash and EOS Drop 13% as Cryptocurrency Market Sheds $30 Billion Overnight

The cryptocurrency market has dropped by more than $30 billion overnight, from $408 billion to $377 billion. Major cryptocurrencies such as bitcoin, Bitcoin Cash, EOS, and Cardano dropped in the 5 to 13 percent region, with Bitcoin Cash and EOS dropping 11 percent and 13.5 percent respectively. Bitcoin Cash and EOS Traders have often described

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