Agreement: BitMEX Thunderstorm will benefit the market in the long term and boost the approval of Bitcoin ETFs.

On October 2, U.Today announced that the US Commodity Futures Market (CFTC) sanctions on BitMEX are having a major impact on the cryptocurrency market, but many analysts believe it will have a positive impact on the company to long term. . Matt Hougan, head of global research at Bitwise Investments, said the CFTC strike on BitMEX was the best news in the crypto space this month as it would help control cryptocurrency volatility. Economist Alex Kruger has argued that the government crackdown on BitMEX could lead to the approval of the Bitcoin ETF. Abra CEO Bill Barhydt believes the move won't affect Bitcoin, but it should sound the DeFi alarm bells.