BitMEX CEO Arthur Hayes says Bitcoin Could Fall to $2,000

Today BitMEX released it’s BitMEX Crypto Trader Digest and Arthur Hayes used this opportunity to clarify his comments from earlier this week when he predicted that the bear market could last another 18-months. Another Retraction It’s been a busy week for BitMEX CEO Arthur Hayes and it’s clear that he has been doing a lot […]

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BitMEX: Not Competing with Bitcoin Core?

An article appeared on the BitMEX blog this week comparing competition to the Bitcoin Core software project. It concluded that, even if the Bitcoin Core repository were hijacked or deleted, Bitcoin should remain largely unaffected. Competing Approaches BitMEX initially considered three different ways to compete with the Core project prior to examining at arguments for and against […]

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Crypto Trading Ban Won’t Work, Says Hong Kong’s Top Financial Regulator

Carlson Tong Ka-shing believes Hong Kong needs a more robust regulatory framework for cryptocurrency trading. The soon-to-be former head of the Hong Kong Securities and Futures Commission (SFC) has called for greater emphasis on investor protection in the volatile virtual currency trading arena. Blanket Cryptocurrency Trading Ban isn’t the Right Approach Speaking to South China […]

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Crypto ‘Currency?’ Only 10% Of Bitcoin Cash Used For Transactions

Wilma Woo · June 9, 2018 · 11:00 am 90 percent of Bitcoin Cash holdings are held as investments and never change hands, new research from Chainalysis revealed on June 8. ‘Far Fewer Transactional Users Than Bitcoin’ The findings — which the firm released along with wider insights into Bitcoin’s money supply in 2017-18 — contrast […]

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Bitcoin Price Will See $50,000 By End of 2018, Says BitMEX CEO

Osato Avan-Nomayo · May 15, 2018 · 10:30 am Arthur Hayes, the CEO of BitMEX, predicts that bitcoin will reach the $50,000 mark by the end of this year. Appearing on CNBC’s Fast Money, the former Citigroup and Deutsche Bank executive also spoke on volatility and the dominance of Asian retail traders in the crypto […]

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Goldman Sachs Opens Bitcoin to Institutional Investors

Adam James · May 14, 2018 · 11:00 am Goldman Sachs will help institutional investors bet on Bitcoin price — but what will it do to the cryptocurrency market?  Goldman Goes All In Following a slew of inquiries from hedge funds, foundations, and endowments benefiting from Bitcoin millionaires, Goldman Sachs has become the first regulated […]

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