🟠 BitMEX Is Shutting Down After More Than 11 Years The exchange confirmed that all trading services will permanently stop on September 23 at 04:00 UTC. New registrations have already been disabled, while existing users are being asked to close their positions and withdraw their assets before the deadline. BitMEX said the decision followed a strategic review of the business and the broader crypto market. Once one of the biggest names in crypto derivatives, BitMEX processed billions of dollars in daily volume and helped popularize perpetual contracts for $BTC traders. But over time, stronger competition and years of regulatory pressure made it difficult for the platform to regain its former position. The company says the closure was not caused by a new regulatory action or disclosed financial problems. Still, the shutdown marks the end of one of crypto’s earliest and most influential trading platforms 📌 #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#