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Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M

Arthur Hayes Predicts 0K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching MBitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial markets. Arthur Hayes Predicts Bitcoin Surge […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’

Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe $1 million.” Arthur Hayes Predicts Aggressive Financial Measures and Soaring Crypto Prices Arthur Hayes, […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures

Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML FailuresCrypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions and settlements. Bitmex says: “We have accepted the BSA charge, will seek […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?

Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters, Hayes believes the crypto community could play a decisive role in determining the outcome. Arthur Hayes on Crypto’s […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Crypto Trading Platform BitMEX Pleads Guilty To Bank Secrecy Act Violations

Crypto Trading Platform BitMEX Pleads Guilty To Bank Secrecy Act Violations

Crypto exchange platform BitMEX is pleading guilty to violations of the Bank Secrecy Act, according to the Department of Justice (DOJ). In a new press release, the DOJ says that BitMEX, founded by crypto entrepreneur Arthur Hayes in 2014, violated the law by neglecting to establish and maintain an adequate anti-money laundering (AML) protocol. BitMEX […]

The post Crypto Trading Platform BitMEX Pleads Guilty To Bank Secrecy Act Violations appeared first on The Daily Hodl.

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

BitMEX pleads guilty to Bank Secrecy Act violation

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

Officials with the US Department of Justice announced that cryptocurrency exchange BitMEX pleaded guilty to violating the Bank Secrecy Act (BSA) by operating without “any meaningful” Anti-Money Laundering (AML) program.

In a July 10 notice, US Attorney Damian Williams said BitMEX “willfully fail[ed] to establish, implement, and maintain” an adequate AML program from 2015 to 2020. The charges seem to result from testimony during 2022 criminal proceedings against some of the exchange’s founders and employees.

“BitMEX opened itself up as a vehicle for large-scale money laundering and sanctions evasion schemes, posing a serious threat to the integrity of the financial system,” said Williams. “Today’s guilty plea indicates again the need for cryptocurrency companies to comply with US law if they take advantage of the US market.”

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Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Solana slumps to 45-day low — Will SOL price bounce at $130?

SOL price weakness can explained by Solana Network's activity and lack of appetite from derivatives traders.

Despite a brief rally to $151 on June 16, Solana’s native token SOL (SOL) has experienced a 24% correction since June 7. It has underperformed against the total cryptocurrency market capitalization that’s down 14% over the same period.

This suggests that SOL’s issues are more pronounced than the overall market’s reduced interest in cryptocurrencies.

Several indicators, including Solana Network’s on-chain activity and demand for leveraged positions, indicate that SOL's bearish momentum is likely to continue. If demand remains stagnant, this could lead to a retest of the $130 level or lower.

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Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates

Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash RatesArthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. Bitmex Founder’s Perspective on Global Finance and Bitcoin In […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum

Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for EthereumOn June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

Crypto Derivatives Exchange Bitmex Ventures Into Options Trading

Crypto Derivatives Exchange Bitmex Ventures Into Options TradingOn Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […]

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off