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Tag Archives: Bitmex

Over $200 Million Worth of Major Tokens to be Unlocked This Week: What You Need to Know

Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....

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BitMEX Extends its Partnership With the Italian Soccer Club AC Milan

The cryptocurrency exchange BitMEX announced that it had extended its collaboration with one of the most successful Italian soccer teams – AC Milan.  This could be considered another proof that the company continues its recovery following the prolonger bear market last year when it laid off employees and saw its CEO resigning from his post. Renewing the Partnership BitMEX disclosed that it has transitioned to a Premium Partner of AC Milan according to the new terms. The...

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Arthur Hayes Claims Removal of US Retail Investors From Crypto Capital Market is Misplaced

The ongoing regulatory enforcement actions are threatening to drive US crypto businesses offshore. The implications of such a shift for the country’s economy are significant, something that has translated into declining crypto prices, making investors even more jittery. While the market’s concerns regarding the potential removal of the US retail investor from the crypto capital markets are palpable, Arthur Hayes believes the fear is misplaced. Elimination of US Retail...

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Former BitMEX CEO Arthur Hayes Remains Bullish on Bitcoin (BTC)

Bitcoin’s strong bounce back despite the SEC lawsuits has made analysts optimist about the beginning of the next bull run. After facing strong selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has given a strong bounceback today moving closer to $27,000. As of press time, BTC is trading 3.2% up at a price of $26,603 and a market cap of $515 billion. The recent bounce back has created optimism among Bitcoin enthusiasts with analysts turning bullish on the...

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Arthur Hayes’ Exit Liquidity Article Explores America’s Position as Global Reserve Currency Issuer

BitMEX co-founder Arthur Hayes examines de-dollarization and its fiscal and political implications in an article titled ‘Exit Liquidity.’   Former BitMEX CEO Arthur Hayes recently aired his views on exit liquidity vis-à-vis the US dollar’s reserve currency status. In a Medium blog post, the American entrepreneur wrote exhaustively on whether the US dollar can be replaced as the global reserve currency. Additionally, Hayes debated whether China or any other powerful nation would be willing...

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Arthur Hayes: Zhu Su ann Kyle Davies-led OPNX Received Funding From Bahrain

The launch of the exchange project, OPNX, earlier this week managed to attract significant backlash from the community. A new development has emerged regarding the funds received for the development of OPNX, which is backed by the founders of the bankrupt hedge fund Three Arrows Capital (3AC). BitMEX’s Arthur Hayes cited an anonymous source and claimed that the founders of the controversial project, Zhu Su and Kyle Davies, received a “lot of money” from the sovereign wealth...

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Former BitMex CEO Arthur Hayes Says His Maelstrom Capital Will Focus on ‘Quality’ to Outperform Bitcoin and Ethereum

Arthur Hayes says Maelstrom is “patient” and is currently only seeking to invest in projects that can prove their worth. Erstwhile BitMex CEO Arthur Hayes plans to beat returns offered by Bitcoin (BTC) and Ether (ETH). Together with former BitMex head of corporate development Akshat Vaidya, Arthur Hayes founded Maelstrom Capital, a fund they plan would considerably outperform the top two largest cryptocurrencies by market cap. The Maelstrom website describes the company as Arthur Hayes’...

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Here is What 2023 Holds for Bitcoin, According to BitMEX

The cryptocurrency exchange BitMEX outlined some possible scenarios that could unfold in the coming months for the cryptocurrency industry. It believes the Federal Reserve will most probably cease its interest rate hikes by the end of the year, triggering a flow of funds into global capital markets and risk-off assets. Cryptocurrencies, such as bitcoin and ether, could benefit in such cases. Scenario #1 According to BitMEX, the US Federal Reserve will most likely slow the...

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