Cryptocurrency markets are showing a significant price decline today as Bitcoin has dropped by over 5% in the past 24 hours. Most other cryptocurrencies followed BTC’s trajectory, with Ethereum diving by 3.8%, XRP down 2.33%, and Solana down 4.38%. What’s causing the sharp sell-off? Let’s look at any relevant news that might be causing the...Read More
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to...Read More
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal...Read More
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi...Read More
AltSeason has been much awaited for a pretty long time, and while some altcoins attempt to make a larger move, Bitcoin slashes hard, dragging the entire crypto space towards the bottoms. Ever since the beginning of the 2022 trade, a similar scenario has been repeating each time, weakening the momentum of the altcoins. However, with...Read More
Today, cryptocurrency markets continue to trade sideways, with Bitcoin and Ethereum managing to hold support. Sideways markets are great for newly released coins as they provide them with stability to experience significant price growth. Today we look at a recently released Metaverse crypto coin gaining over 618% in the past 24 hours. Let’s look at...Read More
In just a few weeks, BitMEX Spot will arrive, allowing users to instantly buy, convert, deposit, and withdraw multiple cryptocurrencies. What’s more it’s now on Testnet, ready for those seeking a preview of our new offering. The arrival of BitMEX Spot comes coupled with a brand new user interface and trading experience. From the first...Read More
The price of bitcoin concluded April on a bearish note, with fears that more downside pressure will persist. The Ethereum price continues to trade in a narrow range. After a sell-off in April, Bitcoin price activity picks up in May. April has historically been one of the greatest months for Bitcoin. April 2022, on the...Read More
You asked, we listened. As of today both SUSHI coin and UNI token have arrived at BitMEX, joining 5 new cryptocurrencies as we gear up for BitMEX Spot. From today, users will be able to deposit, withdraw, buy, and convert the UNI token and SUSHI coin with us. They’re now sitting alongside AXS, LINK, ApeCoin,...Read More
