BitMEX and BitMart Announce Shutdowns as Crypto Bear Market Deepens
Covered by 4 sources · 4 articles
4 outlets - including Cryptopotato, Beincrypto and Yahoo and 1 more - are covering this story. "The next cycle will be dominated by licensed exchanges and institutional capital," one analyst predicted.
All coverage
BitMEX, BitMart, and More: Are Exchange Shutdowns a Sign the Bear Market Is Ending?
"The next cycle will be dominated by licensed exchanges and institutional capital," one analyst predicted.
Why BitMart and BitMEX Shutdowns Have Analysts Calling a Bottom
The BitMart and BitMEX shutdowns have drawn bullish reactions, with analysts calling the closures a healthy reset. BitMart began winding down on Sunday, three days after BitMEX confirmed its own exit. AscendEX closed on July 1, bringing the…
Why BitMart and BitMEX Shutdowns Have Analysts Calling a Bottom
BitMEX and BitMart Announce Shutdowns as Crypto Bear Market Deepens
BitMEX and BitMart are shutting down amid the ongoing crypto bear market, which signals mounting pressure on exchanges and the broader digital asset industry.