Ripple’s XRP prices experience a crash on the BitMEX derivatives exchange and but quickly recovered. BitMEX CEO Arthur Hayes has been in the recent times quoted disapproving XRP openly in the social media.Ripple’s XRP derivative, XRP /USD, experienced a quick market crash on February 13, at 14:00 UTC on the BitMEX crypto exchange. The XRP price dipped from $0.33 to $0.13 in few seconds where it immediately recovered leaving a long wick on the candlestick. As a result, the crash stop hunted...
Read More »Bitcoin Price Prediction 2020: Anthony Pompliano Says BTC Is on Way to Hit $100K
As yesterday Bitcoin broke through $10,000. Pompliano confirms his Bitcoin price prediction for 2020. He believes BTC is moving higher to reach $100K in December 2021.On Sunday, February 9, Bitcoin price crossed its psychological barrier of $10,000 levels. The entire crypto community started rooting for Bitcoin to touch a new all-time high.At the current price, Bitcoin is 40% up since the beginning of 2020. At press time, Bitcoin is trading at a price of $9852 with a market cap of $179...
Read More »XRP Price Is Stable as BitMEX Launches XRPUSD Perpetual Swap
BitMEX is the largest exchange offering cryptocurrency derivatives, according to some outlets. Users will get one more trading opportunity on 5 February 2020, 04:00 OTC. The XRP swaps will be available, with the coins traded against USD with up to 50x leverage. It is said in the BitMEX announcement from 4 February 2020. Per the announce:“Symbol: XRPUSDExpiry Date: PerpetualBitcoin Multiplier: 0.0002 XBT (20,000 Satoshis)XBT Contract Value: XRPUSD Price * Bitcoin Multiplier (20,000...
Read More »Early BitMEX Investor Files Suit Against the Platform
BitMEX – one of the world’s largest and most prominent bitcoin and cryptocurrency exchanges – is being sued by one of its early investors over potential fraud and lost equity.BitMEX Is In Trouble All Over AgainThe plaintiff in this case is a former JPMorgan derivatives trader named Frank Amato. He and his company RGB Coin are looking to garner $300 million in restitution from BitMEX and its head executive Arthur Hayes, who also owns a company called HDR Global Trading.Amato claims he was one...
Read More »Early Investor Files A $300M Lawsuit Against BitMEX
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 MillionAccording to a recent report, one of the leading Bitcoin margin trading exchanges, BitMEX, has been taken to court by an early investor. Frank Amato and RGB Coin LTD have filed the suit on December...
Read More »The Faces Behind The Rising Bitcoin Futures & Derivatives Market
The Bitcoin futures market has exploded like no one could have expected over the recent years, and it continues to grow. This summer, BitMEX hit a new record for BTC futures trading at over $16 billion.CME recently petitioned the CFTC to double its BTC futures trading capacity in the face of soaring interest. Binance had recently entered the space, and Bakkt has launched with its physically delivered BTC futures product (albeit somewhat tepidly).In the light of so much action among the margin...
Read More »#699 Binance Futures Plagiat, Marshallinseln Krypto Währung & Jack Dorsey Bitcoin keine Währung
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 699. Heute geht’s um folgende Themen: BitMEX „gratuliert“ Binance: Dokument zu Futures-Plattform ein Plagiat, Marshallinseln führt nationale blockchainbasierte Währung ein, Jack Dorsey sagt Bitcoin ist keine Währung. 1.) BitMEX „gratuliert“ Binance: Dokument zu Futures-Plattform ein Plagiathttps://de.cointelegraph.com/news/bitmex-congratulates-binance-on-plagiarizing-its-futures-platform-doc 2.) Marshallinseln...
Read More »Binance & BitMEX Kiss and Make Up After Plagiarism Accusation
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 its recently-launched crypto derivatives testnet.On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch,...
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