Cryptocurrency Analysis and News Portal
Last week was some of the darkest hours of global financial markets. Affected by the COVID-19 epidemic and oil price war, global stock markets, crude oil price, gold price and futures markets dived successively. While people were eager to seek robust investment targets and found that Bitcoin might be the
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The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000.In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform.Ethereum traders see 40 BTC refundedComing at
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The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit.In spite of the widespread carnage, the insurance fund of leading derivatives exchange, BitMex, only took two days
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Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700.According to a tweet from the company, problems arose during frenzied trading activity on the evening of March 12.BitMEX “hardware issue” sparks delaysAs a result,
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When I woke up just minutes ago and saw the price of Bitcoin, I thought someone had pulled a joke on me; never in a hundred years did I think BTC was going to move that fast.For those who have been living under a rock or sleeping as I have,
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Despite the strength seen earlier this week, Bitcoin started to plunge on Saturday.After printing a bearish “Darth Maul” candle that resulted in a crucial reversal at $9,200, the cryptocurrency has trended lower and lower, falling as low as $8,325 just minutes ago as of the time of writing this article.
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A UK financial watchdog hastily retracted an official warning about Kraken after apparently confusing the exchange with online scammers — but a similar warning about BitMEX remains active.On March 3, the United Kingdom Financial Conduct Authority (FCA) published a notice on its website cautioning citizens that the second-largest U.S.
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Today the cryptocurrency market saw a huge drop in the price of Bitcoin (BTC). According to the data analytics provider Skew on Feb. 26, over $150 million worth of Bitcoin was liquidated on the trading exchange BitMEX, the most seen since the new year began. Millions of dollars of long
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It seems that Bitcoin’s plunge has accelerated since our last price update posted just minutes ago. We wrote our last update when the cryptocurrency was trading at $9,900 after sustaining a 2% drop in a few minutes’ time.Now the cryptocurrency is trading for $9,600, falling as low as $9,300 just
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BitMEX continues to field major criticism and even anger from traders who lost huge amounts of money in a flash crash involving altcoin XRP. The crash, which occurred at 14.00 UTC on Feb. 13, saw XRP/USD fall 60% from $0.33 to just $0.13 — for two seconds.XRP crashes on BitMEX In
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