Bitcoin poised for massive correction to $70K-$75K before surging to $250K by year end, BitMEX co-founder
BitMEX co-founder Arthur Hayes predicted that Bitcoin could potentially pull back toward the $70,000 to $75,000 range. In a recent post on X, BitMEX co-founder Arthur Hayes said that Bitcoin (BTC) price stands poised for a massive correction to the $70,000 to $75,000 range. Furthermore, he suggested that this dip could trigger a “mini financial […]
BitMEX ordered to pay $100m fine for violation of U.S. banking laws
Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. In a ruling on Wednesday, January 15, 2025, U.S. District Court Judge John Koeltl, of the […]
Ethena price slips after BitMex founder Arthur Hayes moves tokens
Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling. Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240. It has dropped by over 16% from its highest level this month. Data by Nansen shows that Hayes, the co-founder and former […]
