Abstract In this piece we discuss the possibility of a chain split when the merge occurs on Ethereum, resulting in an ETH2 coin and a new ETHPoW coin. We examine the viability of the ETHPoW chain, which is almost guaranteed to be a minority chain with respect to the coin price and economic chain usage....Read More
This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. In today’s issue, we wanted to highlight the recent moves in Bitcoin mining. State Of The Mining Market, July 2022 The...Read More
It’s almost time. The world’s first crypto-margined foreign exchange swap listings are arriving at BitMEX next week, giving traders the chance to long or short FX pairs with up to 50x leverage. Ahead of the listings arriving on our platform, this blog takes a closer look at our 22 upcoming FX swap contracts. Read on...Read More
This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. Markets Rally After Federal Rate Hike On 28 July 2022, the Federal Reserve went through with another 75-bp rate hike. This...Read More
A new breed of crypto derivative is about to arrive on our platform. In one week’s time, users will be able to trade crypto’s first-ever perpetual FX swap listings – with up to 50x leverage. It’s an addition that will allow users to trade and speculate on some of the most popular foreign currency pairs...Read More
A quick update that we’ve just listed our new monthly Bitcoin futures contract on BitMEX. XBTQ22 started trading at 04:00 UTC on 27 July 2022.You can start trading XBTQ22 here, or read on to learn more. Our Current Bitcoin Futures Contracts For the listing and settlement dates of our current futures contracts, please see the...Read More
This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. Comparing Bear Market Rallies In Bitcoin Magazine’s issue from June 6, Equities Bear Market Unfolding, they highlighted bear market rally comparisons...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) (Note to reader: this week’s essay is a continuation of my piece from last week, “A Samurai, a Knight,...Read More
This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. Bitcoin Squeezed Past $23,000 Short squeezes unfold across crypto markets. In yesterday’s piece, we highlighted how the bitcoin (and more broadly,...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Betwixt a placid pond and the high road rests an inn. That is where you shall find me, a...Read More
This article is part of our new series of crypto research content, produced by Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. A look at previous bitcoin bear market cycles shows two distinct phases of capitulation. In today’s issue, we will cover historical bear...Read More
Abstract: In this piece we explore why Dapps are typically built on Ethereum rather than Bitcoin, which takes us all the way back to March 2014. We examine a debate about whether and how a Dapp protocol called Counterparty should use Bitcoin’s blockchain. This was sometimes called “The OP_Return Wars”. We explain the history of...Read More
To our community of dedicated BitMEX traders – we have made the decision to postpone the listing of the BMEX Token on our spot exchange. The reason is quite simple. Although we are ready to list BMEX, the present market conditions are not ideal, and we want to list the token in an environment that...Read More
The full version of our app – BitMEX Mobile* – is now ready for download, bringing with it all-new features – spot and crypto derivatives trading. It’s an addition that makes trading on BitMEX a whole lot easier and more accessible. What’s more, the app offers all the tools you need to execute trades, track...Read More
This blog presents an introduction to Bitcoin Magazine Pro’s latest report, entitled: ‘Contagion Report – June 2022.’ You’ll find the full report here. Bear markets are for building, but also for learning lessons. If we add to our understanding of the crypto markets, we will be stronger for the next bull. Thanks to our partnership...Read More
As we continue to enhance the BitMEX platform for our users, we will be facilitating a minor upgrade to our database that will temporarily halt trading in our Testnet environment on Thursday, 7 July at 01:00 UTC, and our production (Mainnet) environment on Thursday, 14 July at 01:00 UTC. The system will continue in cancel-only...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)This current crypto nuclear bear market marks my third brush with generalised market carnage. And while they can sometimes feel...Read More
This article is also available on Gleb’s personal blog here. In this article, we attempt to design smart contracts encouraging miners to withhold a certain transaction, to better understand how practical such smart contracts are. Better understanding these contracts is relevant in the broad Bitcoin context, and for better understanding the security of time-sensitive Bitcoin...Read More
An industry spread selloff in digital assets from significant exchanges and the fall of highly rated tokens like TerraUSD and Luna have triggered ripple effects across the crypto industry. The recent mass crypto liquidation wave has triggered fear of contagion risks. Major DeFi lenders Celsius Network and Babel Finance froze withdrawals, and Three Arrows Capital,...Read More
Abstract: In this piece we take a second look at Taproot. We explain the mechanics of Taproot by walking through two example Taproot transactions on the Bitcoin mainnet, including spending Bitcoin sent to the same address in two different ways: i. Using the Schnorr signature and ii. Using the Tapleaf and the so-called un-tweaked public...Read More
A quick update that on 24 June 2022 at 12:00:05 UTC, BitMEX will update the Index Multipliers of our basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)Sometimes you just want to experience pain to remind yourself that you still exist. Maybe that is why I thought...Read More
BitMEX and Bitcoin Magazine today announced a wide-ranging partnership that brings the companies, two of the most trusted and established in the bitcoin space, together to offer the best Bitcoin-focused insight to the crypto community. The partnership, which lasts through this year, will see BitMEX become the official sponsor of Bitcoin Magazine PRO, including its...Read More
BitMEX has extended Calvin Kim’s Bitcoin developer grant until November 2022, a six month extension from the previous grant, which expires at the end of this month. Commenting on the grant, Calvin said: I’m extremely grateful for BitMEX’s continued support of my work. This past year, I was able to make much progress on exploring...Read More
From today, users who stake their BMEX Tokens will immediately enjoy a wider range of rewards and privileges. The more BMEX you stake, the more rewards – and tokens – you’ll get. From withdrawal/network fee refunds and early product access to trading fee discounts and VIP services, BMEX stakers now have exclusive access to a...Read More
BitMEX has extended Rene Pickhardt’s Bitcoin developer grant until November 2022, a six month extension from the previous grant, which expires at the end of this month. Commenting on the grant, Rene said: I feel very grateful and honoured that the team at BitMEX understands the importance of fundamental research and continues to sponsor the...Read More
On 24 June 2022 at 12:00:05 UTC, we will update our index weights. From today, the hypothetical values of indices with their new weights will be published as the “NEXT” index family (e.g. .BXBT_NEXT). As of 24 June 2022 at 12:00:05 UTC, assuming no constituent exchanges have been excluded – due to Index Protection Rules...Read More
On 15 June 2022 at 04:00 UTC, we will be listing new quarterly Futures on BitMEX. The new contracts will be visible on the platform from 14 June at 04:00 UTC as Unlisted, 24 hours before the start of trading. Please see the table below for the listing and settlement dates of current and upcoming...Read More
New week, new listings. Users can now trade our new XBT- and USDT-margined Terra Luna 2.0 contracts – all with up to 25x leverage. LUNAUSD and LUNAUSDT went live on 2 June 2022 at 04:00 UTC. Read on to learn more about our new listings. LUNAUSD Quanto Contract Specs As with all quanto contracts, the...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Come eat some of these ‘member berries with me. ‘Member when folks used to travel hours per day to...Read More
