Category: BitMex

BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s […]

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Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April

Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo traveled from the U.K. to the United States and pleaded not guilty […]

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BitMEX founder Arthur Hayes intends to surrender next month on a proposed $10 million bail

BitMEX founder and former CEO Arthur Hayes intends to voluntarily surrender to U.S. authorities next month on a proposed $10 million bail. Hayes plans to travel to Hawaii on April 6 from Singapore, where he is currently residing with his wife, according to court documents seen by The Block. Hayes’ proposed bail worth $10 million, […]

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BitMEX co-founder Ben Delo surrendered to US authorities, released on $20 million bail

BitMEX co-founder Ben Delo surrendered to U.S. authorities on Monday and was subsequently released on a $20 million bail. Delo traveled to New York from the U.K. and was arraigned before U.S. Magistrate Judge Sarah L. Cave during a remote proceeding on Monday, according to court documents seen by The Block. Delo pleaded not guilty, […]

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Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months

Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet. A whopping 189,000 bitcoin […]

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Former BitMEX CEO Arthur Hayes Could Surrender in Hawaii in April

Several months after the US Commodity Futures Trading Commission charged the BitMEX operators and owners of illegally operating a derivatives exchange, one of the key participants – Arthur Hayes – is willing to surrender next month. Arthur Hayes to Surrender in Hawaii? CryptoPotato reported back in late 2020 that the CFTC charged the BitMEX founders […]

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U.S. prosecutors discussing surrender agreement with former BitMEX CEO Arthur Hayes

Arthur Hayes could surrender to U.S. authorities as soon as next month, prosecutors told a New York judge during a February hearing. According to court documents obtained by The Block, Hayes — the co-founder and former CEO of the crypto derivatives exchange — is “currently residing abroad in Singapore” and in discussions with the U.S. […]

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Arthur Hayes is Back: Bitcoin is the Other Game as Opposed to Traditional Finance Systems

After months of complete silence from one of the biggest proponents of cryptocurrencies and arguably one of the most influential people in the industry, Arthur Hayes is back. The former CEO of BitMEX shared his thoughts on some pressing and trending matters – the state of the “crypto capital markets” following the fiasco with GameStop […]

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