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Tag Archives: Bitmex

Crypto Policies Take Center Stage at Republican Presidential Debate

The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users. The Republican presidential debate in Tuscaloosa, Alabama, on Wednesday, delved into cryptocurrency policies and regulation. Vivek Ramaswamy, who stood out for integrating crypto into his campaign, did not hesitate to address the industry’s challenges. In response to a query about his crypto policy, Ramaswamy referenced the recent legal turmoil...

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Arthur Hayes Predicts Bitcoin to Reach $1 Million and Ethereum to Hit $100,000 

Last month, Hayes made a similar forecast, noting that Bitcoin could reach from $750,000 to $1 million towards the end of the current decade. After his visit to Rapa Nui, commonly known as Easter Island, Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, has once again predicted that Bitcoin (BTC) could reach $1 million, with Ethereum (ETH) soaring to $100,000. In an unexpected turn, Hayes humorously hinted that the island’s ancestors might have...

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BitMEX Reissues Bitcoin Deposit Addresses to Reduce Withdrawal Fees

BitMEX has made a strategic decision to enhance the utilization of Bitcoin block space and minimize withdrawal fees for its users. In a significant update, effective November 1, 2023, BitMEX will issue new Bitcoin deposit addresses to all its customers. BitMEX Reissues Bitcoin Deposit Addresses BitMEX has recently unveiled a significant update aimed at optimizing the use of Bitcoin block space and reducing withdrawal fees for its users. According to an October 30...

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New Essay by Arthur Hayes: Bitcoin Faces Watershed Moment to Keep $1M Price Tag amid 2 Wars

Hayes has always maintained an optimistic outlook on Bitcoin and remains one of the market analysts who believes the best is yet to come for the premier cryptocurrency. He believes  we will see a $1 million price tag for the coin in the long term. Arthur Hayes, the former CEO of BitMEX suggests in a recent blog post titled “The Periphery”,  that a $1 million Bitcoin (BTC) price is still attainable, even in the face of inflation and ongoing wars in Israel and Ukraine. Arthur Hayes on...

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This Shiba Inu (SHIB) Rival Affected by BitMEX’s Recent Delisting Spree

TL;DR BitMEX is delisting ten perpetual swap contracts, including FLOKI/USD and FLOKI/USDT, due to “insufficient trading interest.” Despite the delisting, Floki Inu’s (FLOKI) price increased by around 3% in the past 24 hours, outperforming other major memecoins like Dogecoin and Shiba Inu. Floki Inu is among many memecoins in the market, known for their high volatility; investors are cautioned about potential risks due to some having minimal real-world use cases. FLOKI Takes...

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Former Bitmex CEO Arthur Hayes Anticipates Explosive Bitcoin Price Rise to $750,000 by 2026

Hayes based his bullish prediction on several key factors. He pointed to the potential economic downturn and financial crisis, which could lead to near-zero interest rates, creating favorable conditions for Bitcoin’s growth. Cryptocurrency expert and former Bitmex CEO Arthur Hayes has expressed strong optimism regarding the future of Bitcoin. During an interview on Tom Bilyeu’s YouTube channel, he suggested that Bitcoin’s value could skyrocket to between $750,000 and $1 million by 2026....

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BitMEX Co-Founder Arthur Hayes Says BTC Bull Market Is in Progress

Hayes believes that it may take the market another six to 12 months to fully respond to the bull run. BitMEX co-founder and former CEO Arthur Hayes has shared an eye-opener about Bitcoin (BTC) that may have flown over the heads of many industry participants. According to him, BTC has been on a bull run for about six months or so. However, the market is yet to react, he added. Arthur Hayes Says Market Will Soon Respond to BTC Bull Run Sharing his thoughts in a keynote speech at the Korea...

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Bitcoin’s Win Is Coming as Fed Prints More ‘Fiat Toilet Paper’, Says BitMEX Co-Founder Arthur Hayes

CoinspeakerBitcoin’s Win Is Coming as Fed Prints More ‘Fiat Toilet Paper’, Says BitMEX Co-Founder Arthur Hayes The Bitcoin price has once again retraced back to $26,000 after some recovery pump earlier this week. On the technical chart, BTC continues to show bearish momentum with its price dropping under the 200-day moving average (DMA). Bitcoin’s Win Is Coming as Fed Prints More ‘Fiat Toilet Paper’, Says BitMEX...

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BitMEX’s Arthur Hayes: Bitcoin is Antidote for ‘Flawed, Corrupt, Parasitic’ Fiat Banking System

Fed chairperson Jerome Powell has been at the receiving end of significant backlash for his stance on implementing the same approach that helped the US get rid of inflation several decades ago. This strategy has been strongly contended by BitMEX founder Arthur Hayes while pointing out the difference in economic and monetary conditions in the US today from what they were in 1980. Hayes said the Fed is doomed to fail if it continues to run the same playbook, particularly given...

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Are Bitcoin ‘Drivechains’ The Future of Scaling? BitMEX Analysis

With the Bitcoin (BTC) network’s programmability and scalability still relatively limited compared to other blockchains, developers continue mulling over ways to push the protocol’s capabilities to its limits. One hotly debated idea comes from BIP 300 and BIP 301 – aka “Drivechains” – a soft fork proposal to allow Bitcoin to effectively scale through sidechains. In a blog post on Monday, analysts from BitMEX explored the benefits and tradeoffs of the proposal. BIP 300:...

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