Bulls Exit BitMEX Bitcoin Futures Market
Since the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million.
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BitMEX is soon to offer futures contracts for DeFi project yearn.finance (YFI), Polkadot (DOT) and Binance coin (BNB).
Bitcoin traders have been reaping the benefits of arbitrage opportunities for many years now. In fact, there is a growing need for arbitrageurs and market makers, as they are the main providers of liquidity in any financial context. BitMEX, a platform specialized in trading Bitcoin derivatives, has integrated Bitcoin futures contracts with China stocks. This is a major step forward for the legitimacy of Bitcoin as a viable trading tool, both for investing and speculation across other markets. China A50 Bitcoin Futures On BitMEX. It goes without saying that Bitcoin and traditional financial....
Bitcoin futures and options sentiment held steady despite the BitMEX and Kucoin news, signaling a $12K bull run is near. BitMEX used to be the indisputable leader of Bitcoin (BTC) futures trading and if something similar to yesterday's civil enforcement action were to happen back in 2015-2018 the crypto markets would have completely collapsed.Regardless of partial recovery to $10,600, which was relatively quick, derivatives markets held steady during the $500 drop down to $10,400. Neither BTC futures or options displayed any signs of discomfort to the negative news.The futures market....
Leading crypto derivatives platform BitMEX has continued to support new cryptocurrencies after promising to do so earlier this year. The firm recently announced the addition of three new futures contracts for its users. BitMEX has been a subject of much scrutiny over recent weeks due to the U.S. CFTC announcing it is charging the exchange […]
Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN). The exchange has agreed to pay as much as $100 million to end investigations by the two agencies. Bitmex Settles With CFTC and FinCEN Bitmex confirmed Tuesday that “it has reached a resolution with both the United States Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) in relation to investigations by both agencies.” The company wrote: Bitmex agreed to....