On March 22nd, Co-founder and CEO of BitMEX Arthur Hayes has reportedly anticipated in a newsletter that the Bitcoin (BTC) price in 2019 will land at $10,000.

After experiencing a rather stormy 2018 financial year, Arthur Hayes predicted that the crypto market will start to recover somewhere around the final months of 2019.

“The 2019 chop will be intense, but the markets will claw back to $10,000. That is a very significant psychological barrier. […] $20,000 is the ultimate recovery. However, it took 11 months from $1,000 to $10,000, but less than one month from $10,000 to $20,000 back to $10,000.” Arthur claimed.

On March 2019, BitMEX research team discovered a glitch in the Ethereum (ETH) parity full node which said that the system is operating normally and in sync, while in fact having “several hundred thousand blocks behind the chain tip.” Although said potential bug can leave a window of opportunity for cyber attacks, chances for such an event to occur are rather “highly unlikely”.

In January 2019, BitMEX reported that there has been a significant downfall regarding the combined value of the tokens distributed to the analyzed team, dropping from $24.2 billion at the time of each individual token’s issuance to about $5 billion.

BitMEX research team also pointed out that the crypto scene in 2018 has contributed greatly to the fall, is responsible for 54% of it. The $1,5 billion funds given to other addresses was one of the reasons accountable for the fall as well.