Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. Outgoing SFC Chairman Says Ban on Cryptocurrency Trading “Will Not Work in Today’s Internet World” In…
The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew. The London-based data analytics portal revealed that the region developed a strong bitcoin trading traffic in the last 120 days. It shared a graph across its social media channels, reflecting upon the growing presence of traders in…
In late-October, NewsBTC reported that Bitcoin turned ten. While this was factually accurate, the world’s first cryptocurrency turns a decade-old yet again on January 3rd, as Satoshi Nakamoto processed the first official block on this exact day, only ten years ago. This industry occurrence didn’t go unnoticed, as crypto enthusiasts en bloc(k) have taken to Twitter,…
In its attempt to present the ecosystem of crypto exchanges, BitMEX has published in-depth research into how these exchanges work. According to their recent tweet, various exchanges were evaluated by using different types of metrics, like web traffic, security policies, and more. In depth report into the crypto exchange ecosystem The robustness of exchanges are…
As the bitcoin price surged past $7,550 to establish a new 2019 high, the daily volume of the dominant cryptocurrency on BitMEX hit $10 billion. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic.twitter.com/iLMGdpz65n — Arthur Hayes (@CryptoHayes) May 12, 2019 Arthur Hayes, the CEO at BitMEX, the most…
Crypto derivatives exchange, BitMEX, has announced the launch of Litecoin quanto perpetual contracts on its trading platform.We’re further diversifying trading opportunities with the launch of our fifth quanto swap – say hello to the LTCUSD quanto perpetual swap, launching on 30 July 2020. More details on our blog: https://t.co/ObYhgH86od pic.twitter.com/HhJydXNU4X— BitMEX (@BitMEX) July 21, 2020The…
The 2019 Bitcoin disbelief rally has recaptured some of the public frenzy and media attention experienced at the height of the last bull run, despite the next bull run barely beginning. The powerfully bullish momentum has crypto investors and analysts reviewing price charts hoping to figure out where the rally might end. One particular swing…
Another week, another round of Crypto Tidbits. Bitcoin (BTC) may have shed a good portion of its year-to-date gains over the past week, but the underlying industry saw an array of positive fundamental developments. Over the past seven days, there’s been an array of positive news: ErisX secured a key license, Donald Trump announced his…
Bitcoin has been on a near-unstoppable rally since March’s lows of $3,700. The cryptocurrency at last week’s highs was up more than 170% from the lows, tapping $10,100 after a spectacular jump higher.This trend has been marked by crypto investors withdrawing their BTC off exchanges en-masse in a strong boost to Bitcoin’s medium-term bull case.Bitcoin…
Since BitMEX rocketed to the tip of the crypto market, hosting hundreds of millions of dollars worth of nominal Bitcoin (BTC) trades each and every day, the company has come under pressure from regulators. And while the Asian startup is mostly well-respected, with its chief executive, former stock trader Arthur Hayes, being very forthcoming and…