
Nearly $160 Million Liquidated in Crypto as Market Continues to Crash
The biggest liquidation order took place on Bybit, where a BTC/USDT trader lost $1.6 million.
The biggest liquidation order took place on Bybit, where a BTC/USDT trader lost $1.6 million.
HDR Global Trading, BitMEX’s parent company, faces a $100M penalty for BSA violations, while its founders previously settled separate charges for $10M each.
Arthur Hayes warns investors of risks from Middle East tensions affecting markets, suggesting Bitcoin may rise amid inflation and energy crises.
Arthur Hayes has once again shared his deep thoughts on the player versus player concept.
Veteran trader Peter Brandt shared the BTC price chart also echoed Arthur Hayes’ bearish sentiment predicting a BTC price drop to $46,000 levels.
Fear of further Bitcoin price capitulation in the short term significantly increased amid continued sell-offs from whale investors.
A more aggressive Fed rate cut could signal a more assertive monetary policy stance, potentially leading to a pronounced market response.
Arthur Hayes projected that Bitcoin and altcoins could rally from September due to a likely increase in US liquidity injection.
Justin Sun announced the creation of a $1 billion fund aimed at combating fear (FUD) in the crypto space during volatile times.
Hayes proposed that the crypto industry should be fighting for transformative crypto legislation signed into law ahead of the elections.
From 2015 to 2020 or thereabout, BitMEX operated in the United States without taking cognisance of federal regulations designed to prevent money laundering.
Moving large amounts of Bitcoins from BitMEX is often seen as a sign of accumulation. This shows that the high net-worth investors of Bitcoin are betting on the asset’s future potential.
By offering a single-instrument solution, BitMEX aims to reduce this complexity to the barest minimum possible.
Bitcoin has faced a big drop in its price recently, raising concern among investors and market watchers. Over the past 30 days, the cryptocurrency has witnessed a notable decrease of 7% in its value.
Arthur Hayes said that Japanese banks engaged in USTs will start selling the bonds, resulting in “another pillar of the crypto bull market.”