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BitMEX News

cryptocurrency May 22, 2020

Advertisements Margin-longs for Ethereum are exploding today on both BitMEX and Bitfinex. Some 85% of all margin-calls are currently long for Ethereum compared to shorts. The massive amount totals around 2% of the entire circulating supply. Indeed, 2.3M or so ETH is now now margin-long. The longs have continued to accumulate, as shown in the […]

cryptocurrency May 19, 2020

Advertisements Bitcoin failed to make it back into five-figures on Monday despite a promising start and has since retreated to the mid-$9,000s. However, odds are reasonably high that it will once again kick start a new rally to reclaim the lost ground above $10k. Meanwhile, new data from the cryptocurrency research platform, The Tie, shows […]

cryptocurrency May 14, 2020

Advertisements Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. Many observers were […]