Is BitMEX profiting from the crypto community's misfortune?

The derivatives trading platform BitMEX has announced the launch of perpetual USDT/USDC swaps.

Now the exchange will earn from traders speculating on the depegging of stablecoins from the US dollar.

🔍 Bitcoin will be used to pay margins, and the maximum leverage will be 10x.

Maker fee: -0.01%
Taker fee: 0.075%

Some people may consider BitMEX's actions to be unethical, but at the end of the day, money talks.

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♾ Hong Kong will officially allow all retail investors to invest in crypto from 1 June 2023

Crypto will be fully legal in Hong Kong 🇭🇰


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🪙In the $26,760 - $27,570 price range 278,000 BTC (283,000 addresses) were bought, which is one of the biggest purchases in a while

One of the most important resistances waiting for us is the $27.640 - $28.600 price range. 314,000 BTC💰 (615,000 addresses) were bought in this range, which is the second major resistance area after the $31,000 - $32,500 area📁

💭Now the market is frozen in anticipation of tomorrow's U.S. Federal Reserve meeting and interest rate decision

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Less than 40% of total Bitcoin supply is considered liquid (< 1 year).


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📌Do Kwon 🌝leaving Court in Montenegro in handcuffs.


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CZ Bullish 🚀🚀🚀

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Do Kwon the infamous #UST founder got arrested 🤡

He had been running from the police for the last year 🏃


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Microstrategy: Acquired 6,455 💰 Bitcoins for Approximately $150.0 Million, at an Average Price of $23,238 Per Bitcoin

▪️MicroStrategy said it now holds 138,955 BTC acquired for approxiamtely $4.14 billion at an average price of $29,817.

▪️The pro-Bitcoin firm added that it prepaid the principal of $161 million on its loan from failed crypto-friendly bank Silvergate Bank.
According to the filing, the 34,619 BTC held as collateral for the loan has been released.

🔗 Link


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♾BREAKING:

*SILICON VALLEY BANK SOLD TO FIRST CITIZENS

*THE TRANSACTION INCLUDED THE PURCHASE OF ABOUT $72 BILLION OF SVB'S ASSETS AT A DISCOUNT OF $16.5 BILLION


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Ⓜ️BREAKING: CoinMarketCap has rebranded.

CoinMarketCap Is Now CoinMarketCrab: Sideways Until the Moon!

✅Source


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🪙 Justin Sun has offered to buy all 41,500 Bitcoin from the US Government at a 10% discount.


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🪙FTX EU has launched a refund website for European users who had funds on the exchange 👐

Sirf European users ka hi return karenge, baki country ke user ka kya? 🤔


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♾ CZ and three crypto influencers face $1 billion lawsuit for unregistered securities promo

✅Source


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🪙BTC price targets fix on $35K as Bitcoin eyes 'massive' liquidity squeeze

Bitcoin will spark "massive" liquidations if it rises to take out ask liquidity around $30,000, the latest BTC price analysis says.

✅-Source


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🪙MicroStrategy has acquired an additional 1,045 bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin

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Wow 🤩, The 🇹🇭 Thailand opposition leader promises $300 crypto airdrop per citizen if elected Prime Minister in May.

Now politicians are promising crypto airdrops😅😀


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🇺🇸 U.S. Bank deposits fell by nearly $65 billion last week, tenth straight weekly drop.


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🏦🪙 Banks are getting nervous.


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