Crypto Markets News 

BitMEX Research: ICO Tokens Allocated by Teams to Themselves Lost 54% of $24 Bln Value

“BitMEX has conducted a research of the ICO market in collaboration with analytics firm TokenAnalyst, looking into treasury balances of more than a hundred projects on the Ethereum (ETH) network” writes Ana Alexandre for cointelegraph.com. The conclusion drawn by BitMEX and TokenAnalysits from their research is that the ICO market suffers from a lack of standards and transparency, especially in regards to allocating tokens to the founding teams. Source: cointelegraph.com

Read More
Crypto News 

Binance Lists XRP, GMO Abandons Crypto Mining: Best of the Week

“With 2018 almost at an end, Finance Magnates took the opportunity to take a look at how cryptocurrency exchanges evolved during the month of December” writes Celeste Skinner for financemagnates.com. This week, Finance Magnates spoke with Virgilio Lizardo, the Vice President of International Affairs at Gate Technologies, the parent company of Gate.io, about the exchange’s attempt to rise to the top.Specifically, GMO expects its cryptocurrency mining division to post an extraordinary loss of JPY 35.5 billion ($318 million). Source: financemagnates.com

Read More
Crypto Markets News Platforms 

Bitcoin Bear Market Could Last Another 12 – 18 Months, Says BitMEX CEO

“Arthur Hayes, CEO of BitMEX, the largest Bitcoin derivatives trading platform, believes that the bear market could last another 18 months from now, according to Yahoo!” writes Kuldeep Kaul for livebitcoinnews.com. Do you agree with Hayes’ views of a prolonged Bitcoin bear market?. Will Warren, the co-founder of 0x protocol, stated: Mati Greenspan, an analyst with eToro, a trading platform, said: The price of bitcoin is undoubtedly in a bear market, but in the application of bitcoin and other blockchain projects, we are in fact in a bull market. Source: livebitcoinnews.com

Read More
Crypto News 

Bitcoin Price Hasn’t Bottomed Yet, According…

“Despite the substantial price increase, Arthur Hayes, CEO of cryptocurrency exchange BitMEX, holds that we have yet to see a serious decline” reports livebitcoinnews.com. According to Arthur Hayes, however, we haven’t seen the worst Bitcoin price yet.Speaking to CNBC’s Fast Money Thursday, July 19th, he noted: Hinting that Bitcoin hasn’t bottomed yet, Hayes also said that the first and foremost cryptocurrency could increase in price before falling again.Bitcoin (BTC) recently gained over $700 in less than 45 minutes, marking an increase of upwards of 10 percent.Silbert said at the Delivering…

Read More
Crypto News 

Bitcoin Price to Hit $50,000 by Year’s End,…

“BitMEX co-founder Arthur Hayes has come forward, stating that Bitcoin price will reach $50,000 by the end of 2018” reports livebitcoinnews.com. Do you think $50,000 by year end is a realistic Bitcoin price prediction?. Despite the serious volatility in the price of the leading cryptocurrency, in May, Hayes held that it would hit $50,000 by the end of 2018.Hayes has been quite outspoken about his bullish sentiment on the price of Bitcoin (BTC). Source: livebitcoinnews.com

Read More