BitMEX ends after 11 years and rekindles old controversies
BitMEX announced the closure of its operations after 11 years, marking the end of one of the most influential — and controversial — exchanges in crypto market history.
Known for popularizing perpetual contracts and high-leverage trading, the platform became defined by days of extreme volatility, when billions of dollars in liquidations happened within just a few hours. These episodes fueled, for years, community suspicions of market manipulation and "stop hunts." Despite the theories, no public evidence has ever emerged that BitMEX promoted pump-and-dump schemes.
In addition to the controversies, the company faced regulatory problems and lost ground to competitors in recent years. Now, its shutdown raises a question among investors: is this only the end of an exchange that fell behind, or the final chapter in one of the most contentious stories in the cryptocurrency market?
One thing is certain: BitMEX helped shape the derivatives market in Bitcoin, and its closing marks the end of an era.
While he toughens his rhetoric on Iran and expands sanctions, geopolitical tension is rising and risk assets are feeling the impact. At the same time, his administration is advancing crypto-friendly policies, including a new regulatory framework for the sector. If the international situation stabilizes, Bitcoin could start attracting institutional inflows again and resume the push toward new highs. Volatility continues to be the price of opportunity. 🚀 $BTC #BTC $USDT
Before the panic, Bitcoin found support near $59K, a level many traders see as a possible floor for this cycle. Now, the market’s eyes are turning to the $80K region, considered strong psychological and technical resistance. If institutional inflows continue and sentiment remains positive, that target will come back onto the radar. But a consistent breakout will still be needed to confirm the resumption of the uptrend. #BTC $BTC
📊 Bitcoin at US$ 72 million? The scenario gains momentum, but there are still obstacles.
New indicators suggest a positive outlook for Bitcoin: whales have reduced their selling, long-term investors keep accumulating, and a technical signal has reappeared—the same one that preceded a 5.6% increase earlier.
Despite this, analysts warn that BTC still faces a significant resistance level and needs a strong catalyst to confirm a new uptrend. Until those factors emerge, the market may continue to fluctuate.
Do you think Bitcoin will break through this resistance, or will we still see more consolidation?
📉 Benjamin Cowen suggests a possible Bitcoin bottom in Q4
Analyst Benjamin Cowen believes Bitcoin could find its market bottom in the fourth quarter of 2026, within a range near US$44K. According to him, the market has entered an observation phase, where time may matter more than fresh sharp drops.
If the projection holds true, this period could represent an opportunity for long-term investors, although the outlook still calls for caution given the volatility.
Do you think BTC is already close to the bottom, or will we still see more downside? 📊🚀
Tether changes strategy for its Bitcoin treasury after just 7 months
Tether is reshaping the plans of Twenty One Capital (XXI) following Jack Mallers’ departure from the CEO position. In addition to canceling the integration of XXI with Strike, the company has begun to prioritize deals that generate cash flow, moving away from a strategy focused solely on accumulating more Bitcoin.
Despite the change, Twenty One remains among the largest corporate holders of BTC in the world. The new positioning shows that, even for companies highly exposed to Bitcoin, financial sustainability and revenue generation are becoming increasingly important. The decision could influence other firms that follow similar Bitcoin treasury models.
Do you believe companies should continue accumulating Bitcoin or prioritize cash flow in the current market?
📉 The bottom of Bitcoin may be closer, but it hasn’t been confirmed yet.
A new report from analyst Benjamin Cowen suggests that Bitcoin could form its market bottom in the fourth quarter, with an estimated range between $44K and $47K. According to the analysis, the market has officially entered a bottom-watch phase, where the time factor may be more important than a sudden drop in price.
While the projection brings optimism for long-term investors, there is still no confirmation of a definitive reversal. Demand behavior, the macroeconomic scenario, and global liquidity will continue to be decisive factors in defining BTC’s next moves.
📊 For those following the market, this could be a strategic time to watch for signs of accumulation, without ignoring the risks of further swings before the start of a new bull cycle. $BTC #BTC
O XRP became the only altcoin, besides Bitcoin, to remain among the top 10 cryptocurrencies by market value every year since 2014. The feat reinforces its longevity and relevance in the sector, while other cryptocurrencies that have already appeared in the top 10 have lost ground over the years.
Trump has threatened Iran again with new bombings after the ceasefire ended. If tensions escalate, will Bitcoin be a global safe haven... or the first asset to be liquidated? The market may be about to find out. $BTC #BTC
A $TRUMP reignited an important debate: can a president profit more than US$ 1 billion from businesses linked to cryptocurrencies while his government influences the sector?
There is no evidence of *pump and dump*, but suspicions of a conflict of interest continue to grow.
The support at 72k on the weekly chart is being tested, I believe a rebound could happen early next month... if it breaks down hard, more dips might follow... what do you all think?
With the potential change in the FED presidency, the market is already starting to price in new directions for interest rates and global liquidity. As always, the altcoins feel this before anyone else; if a more "dovish" stance comes through, the risk-on flow could return strong. In the end, crypto remains the thermometer of trust in the traditional system.