Cryptocurrency Analysis and News Portal
Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons. One of its newest products, the XRP/USD Perpetual Quanto Swap Contract,
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XRP, the native asset of San Francisco-based Ripple’s XRP Ledger, experienced a flash crash on Hong Kong-based derivatives exchange BitMEX on Thursday.At exactly 14:00 UTC, the price on the XRP/USD pair quickly plummeted from 33 cents to 13 cents, a 60 percent drop. During that minute, volume spiked to $6
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WhaleTrades, a Twitterati who tracks the bulky crypto transactions, alerted that a big whale on BitMEX sold $5 million worth of bitcoin at $9,749.69.BitMEX $BTC Whale:$5,000,000 worth of #Bitcoin sold at $9,749.69 12:13:43 2020/02/07| 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰 EXIT ALL CRYPTO MARKETS— WhaleTrades 🐳 (@WhaleTrades) February 7, 2020Minutes before the big sell order, Bitcoin
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The bullish sentiment continues to build in the crypto market as numerous altcoins post double-digit gains on a daily basis. Bitcoin’s spot price (BTC) on crypto exchanges also continues to push higher with the passing of each day and earlier today the price broke above $9,800, extending to $9,862
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Derivatives trading is a common activity in conventional financial markets and the same is true in the cryptocurrency industry, so Bitcoin and crypto derivatives are becoming a welcome new volatile asset-class that presents an alternative to traditional trading. As we witness a rising interest in cryptocurrency, we’re also witnessing an
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As Bitcoin has flatlined in the past 24 hours, XRP has exploded. Per data from CoinMarketCap, the third-largest digital asset by market capitalization is up 10% in the past 24 hours, rallying from $0.25 to just shy of $0.28 as of the time of writing this.The cryptocurrency just last hour
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Controversial altcoin XRP has finally launched on crypto derivatives giant BitMEX — but so far, its price has failed to react.In a tweet on Feb. 3, BitMEX confirmed it had decided to support XRP, the third-largest cryptocurrency by market cap, for perpetual swaps against the United States dollar.XRP squeezes
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Bitcoin (BTC) futures are fast becoming the darling of institutional investors as open interest spikes 60% since the start of 2020. Data from monitoring resource Skew Markets shows that open interest across major futures offerings from exchanges now stands at more than $4 billion. BitMEX, OKEx futures open interest passes $1BOver
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Experts believe bitcoin’s explosive price rally is about to hit an end as a trend-defining technical indicator screams ‘sell.’Bitcoin’s Open Interest (OI) is approaching $1 billion on BitMEX. Historically, whenever the total valuation of unsettled contracts touches the said valuation, bitcoin’s price in spot markets plunge. In September 2019, for
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According of a research report from BitMEX, the largest cryptocurrency margin trading platform in the global market, the usage of the lightning network on bitcoin has surpassed expectations.More than 60,000 lightning network non-cooperative channel closures were recorded, and around 6,000 BTC were spent for closure transactions.The lightning network is a
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