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Tag Archives: Bitmex

‘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 semi-regular newsletter, Hayes argued that ...

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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 BTC in daily trading volume ...

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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 expiries, thanked its users and ...

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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 and test the US$5,000 level ...

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BitMEX CEO Pragmatic on Bitcoin Price Rise

Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when Bitcoin’s price jumped from $6700 to $7500 in under an hour. For Hayes, however, the behavior ...

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$230 Million Cleared on BitMEX Amidst Bitcoin Recovery, Short Squeeze Likely

Bitcoin’s most recent run-up has led many to ask, what was the catalyst? Some analysts cited institutional money, while others pointed out that it may have been positive technicals and a short squeeze. On Thursday’s showing of CNBC Fast Money, the CEO of Bitmex addressed the latter theory. BitMEX’s CEO Addresses The Short Squeeze Theory According to Business Insider, Bitcoin’s ...

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Bitcoin to Hit $50,000 Despite Recent Plummet, BitMEX CEO Says

The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money as its price changes. Bitcoin ...

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BitMEX CEO: Bitcoin Will Move to $50,000 by the End of 2018

Bitcoin has recently hit weekly highs after a quick bounce off a $5,800 low, BitMEX’s CEO calls for further moves upwards. Bitcoin See Volume Pump, Moving $600 Upwards Within 5 Hours. On Friday night, Bitcoin saw an unexpected surge in exchange volume, quickly bouncing from the $5,800 price level. Bitcoin fell under $5,800 on Thursday, with many expecting further declines. ...

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BitMEX Chief Predicts Bitcoin Price to Hit $50,000 in 2018

Join our community of 10 000 traders on Hacked.com for just $39 per month. There are numerous bitcoin price predictions floating out there, but when the head of a major bitcoin derivatives exchange shares his forecast, the price prediction has legs. Arthur Hayes, the co-founder and CEO of Seychelles-based BitMEX, the bitcoin mercantile exchange, has a bullish prediction for the ...

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