Friday, November 8, 2024
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BitMEX’s Receding Market Share Might Have Spared Bitcoiners Bigger Sell-Off

Four years ago, when the Seychelles-based cryptocurrency exchange BitMEX announced a new product called the “perpetual bitcoin leveraged swap,” few traders in nascent digital-asset markets could have anticipated what a major impact the obscure roll-out would have on the industry.But the instrument, which made it easy for customers to trade

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