Institutional appetite continues to grow amid bear market — BitMEX CEO
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. Go to Source Powered by WPeMatico
BitMex
Auto Added by WPeMatico
Italian Serie ‘A’ Soccer Team AC Milan to Launch NFT Initiative
AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of NFT branded game assets for … Read more
Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the … Read more
BitMEX former executive pleads guilty to violating the Bank Secrecy Act
Gregory Dwyer becomes the last one from the exchange’s management to enter a plea. Go to Source Powered by WPeMatico
Russians banned from accessing Bitmex within European Union
Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022. Go to Source Powered by WPeMatico
Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC … Read more
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital currency companies have liquidated the hedge fund’s leveraged positions. … Read more
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020. Go to Source Powered by WPeMatico
Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come. Go to Source Powered by WPeMatico
Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry
Bulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry. Go to Source Powered by WPeMatico
