Between 22:00-22:30 UTC this Sunday, the BTC/USD price fell from $9,444.60 to $9,169.30. The CFTC is currently investigating BitMEX for accepting American traders. BitMEX is under the spotlight once again. The Seychelles-based crypto exchange has had longs and shorts worth $50m liquidated on BitMEX in minutes. While these flash crashes can happen, the fact remains that BitMEX users can trade with high-leverage. This crash liquidated both longs and shorts and caused both bears and bulls to lose a lot of money. The only winner in this whole scenario seemed to be BitMEX. Though BitMEX is the largest cryptocurrency derivatives exchanges, they are not registered with the CFTC and are not allowed to carry out trading activities in the US. The CFTC is currently investigating them for mitigating regulations and accepting American traders. BTC/USD 15-mins chart Between 22:00-22:30 UTC, the price fell from $9,444.60 to $9,169.30. In the next 15-min period, the price of BTC/USD fell further to $9,110, before it recovered to $9,515 by 22:45 UTC, achieving a high of $9,622.65. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Trump administration will again waive nuclear sanctions on Iran – Washington Post FX Street 4 years Between 22:00-22:30 UTC this Sunday, the BTC/USD price fell from $9,444.60 to $9,169.30. The CFTC is currently investigating BitMEX for accepting American traders. BitMEX is under the spotlight once again. The Seychelles-based crypto exchange has had longs and shorts worth $50m liquidated on BitMEX in minutes. While these flash crashes can happen, the fact remains that BitMEX users can trade with high-leverage. This crash liquidated both longs and shorts and caused both bears and bulls to lose a lot of money. The only winner in this whole scenario seemed to be BitMEX. Though BitMEX is the largest cryptocurrency derivatives… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
