bitfinex

Next Generation: Bitfinex Launches Lightning Network Bitcoin Deposits On Its Mobile App

The Hong Kong-founded popular cryptocurrency exchange, Bitfinex, has recently launched the newest version of its mobile app, which comes with Bitcoin deposits utilizing the Lightning Network. The update for the mobile app comes less than two months since the exchange added support for the Lightning network to its web platform. The Lightning Network Comes On...
Read More

Report: Only 23 Million Entities Hold Bitcoin, Which Is 0.3% Of The World’s Population

The number of active entities holding Bitcoin is continuously growing over the years to the current number of over 23 million, according to a recent report. Cryptocurrency exchanges control 13% of all bitcoins, and Coinbase is the leader with the most considerable stash. The popular blockchain monitoring resource, Glassnode, recently published its new paper regarding...
Read More

Bitstamp And Silvergate Bank To Launch Bitcoin Leverage Trading Platform For Institutions

Popular cryptocurrency exchange Bitstamp and California-based Silvergate Bank have partnered up to launch a new Bitcoin leverage trading product. It would allow institutional investors to trade with leverage collateralized by Bitcoin and held on the exchange. SEN Leverage By Bitstamp And Silvergate Bank The Luxemburg-based cryptocurrency exchange recently announced its involvement with Silvergate Bank’s new...
Read More

Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply

Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network...
Read More

Are Crypto Traders Becoming Less Confident The Bottom Is In?

A fall in an important Bitcoin-related metric with ties to overall crypto market sentiment over the past couple of weeks, suggests that recent price action across the crypto market has traders and investors increasingly fearing that the bottom isn’t in for Bitcoin, and may be adjusting their expectations and preparing positions in anticipation of the...
Read More

Bitfinex Sees Cross-Chain Value Transfer as Key in 2020

Bitfinex CTO Paolo Ardoino sees cross-chain value transfers as the most critical issue facing the cryptocurrency sector for 2020.  With over 4,000 digital assets in circulation and many of them confined to their own ecosystems, a lack of liquidity and interoperability plagues many tokens. Blockchain ecosystem diversity is harming the industry — locking value inside...
Read More

Market Update: Crypto Traders Search for Bullish and Bearish Trends

During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether...
Read More

Bitfinex Exchange Enforces Rigid KYC Regulations

As per an email to verified customers, the Bitfinex exchange has noted that it is increasing the KYC verification system. The email urges verified customers to produce their additional information including address proof. Moreover, Bitfinex also asks the user to share details on the source and use of funds. The details will be retained securely...
Read More

BitFinex Users Gets Option to Purchase Cryptos Using Cards

British Virgin Islands-based cryptocurrency exchange Bitfinex has announced that users can now buy cryptocurrencies using debit and credit cards. Third-party payment solutions provider Mercuryo and OWNR Wallet are aiding the crypto exchange to allow users to purchase using cards. As of now, card purchases allow Bitcoin, tether and ERC20 tokens. However, these features are allowed...
Read More

Bitfinex Longs Dominate Shorts, But Is This Bullish or Bearish For Bitcoin?

The cryptocurrency exchange known as Bitfinex is often the playground chosen for many whale traders, who take up large positions in Bitcoin and other cryptocurrencies using leverage to amplify their returns.The post appeared first on NewsBTC
Read More

Bitcoin Is Back: 4 Bullish Signs in Favor of a Huge Santa Claus Rally

Bitcoin volatility makes a stunning return. The “extreme fear” countertrade is back on the table. Bakkt futures record all-time highs. Bitcoin’s recent rise has sparked new hopes for BTC just in time for the holidays. Here are several signs that may indicate a Santa Claus rally is on its way. Bitcoin has been anything but...
Read More

Market Update: Bears Claw Crypto Prices Below Long-Term Support

Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to...
Read More

Bitfinex Exchange Review – The Largest USD Bitcoin Trading Exchange

Cryptocurrency exchange is a hot business nowadays. Various exchanges are evolving in the market. Bitfinex exchange is one of them. This Bitfinex exchange review is a walk through Bitfinex Exchange. Bitfinex Exchange Review QUICK NAVIGATION : Bitfinex is a Hong Kong-based cryptocurrency exchange operating since late 2012. In the following post, I will review the...
Read More

Ready To Explode: Bitcoin Longs Surge 12% To a New ATH, Squeeze Might Crash Bitcoin Price

BitFinex Bitcoin’s open long positions keep increasing rapidly and had recently set a new all-time high record on the popular cryptocurrency exchange. In the last two weeks, the total number has surged to over 43,000 BTC, bringing up the discussion within the community if this very odd behavior might end up in a cruel long...
Read More

Chainalysis Develops Robust Crypto Trading Monitoring System for Bitfinex

Blockchain analysis firm Chainalysis has announced the development of a crypto trading monitoring system for cryptocurrency exchange giant Bitfinex. The news comes amid calls by financial regulators in different jurisdictions for robust oversight of digital currency transactions. Meanwhile, Bitfinex and Tether are still embroiled in different legal tussles most of which hinge on alleged manipulation...
Read More

Bitfinex Integrates Know Your Transaction by Chainalysis

Blockchain analysis firms continue to gain more attention. In the case of Chainalysis, the company will now collaborate with Bitfinex to keep criminals at bay.  It is crucial for any cryptocurrency exchange to ensure no illicit money streams pass through its order books. Chainalysis Tool Helps out Bitfinex That is often easier said than done,...
Read More

Chainalysis And Bitfinex Partner For Privacy-Safe Compliance

Chainalysis and Bitfinex announced their new partnership for the completion of a full AML solution applied to the exchange. The latest analysis is becoming the next frontier of verification as the FATF rules will be unrolled from next summer of 2020. Following the latest crypto news and analysis, Chainalysis and Bitfinex are two institutions that...
Read More

Chainalysis Partners with Bitfinex for Privacy-Safe Compliance

This week, Chainalysis announced the completion of a full AML solution applied on the Bitfinex exchange. The blockchain analysis is becoming the next frontier of verification, as the Financial Action Task Force (FATF) rules start to be unrolled from the summer of 2020. Regulators Worldwide Start Looking at Blockchain Activity Directly Chainalysis remarks that institutions...
Read More

Bitcoin Longs Near All-Time High, TD9 Reaches Sell Signal

Long positions taken on Bitcoin on the popular crypto exchange Bifinex are nearing an all-time high, all while the leading cryptocurrency by market cap continues to fall.The post appeared first on NewsBTC
Read More

Bitcoin Scaling Layer Lightning Network “Works Like a Charm”, Says Bitfinex CTO

The first week of Lightning Network support at cryptocurrency exchange Bitfinex, has seen more than 800 transactions make use the Bitcoin payments layer. The company’s Chief Technical Officer Paolo Ardoino says customers have deposited more than seven Bitcoin (~$52,000) to the exchange since it added Lightning payments.Despite recent Lightning Network vulnerabilities, it appears to be...
Read More

Leveraging Lightning, Bitfinex Users Can Now Shop at Bitrefill

The Lightning Network may have just gotten its first business-to-business (B2B) payment channel. Two of the most prominent Bitcoin companies in the space are collaborating: Bitfinex users can now shop at Bitrefill, straight from their trading environment on bitfinex.com. With access to the entire Bitrefill catalog, Bitfinex customers can use their account balance to buy...
Read More

Video: Bitfinex CTO Paolo Ardoino on Adding Lightning Network Support

On December 2, 2019, Bitfinex officially informed its subscribers that it had added support for Lightning Network deposits and withdrawals. Subsequently, Bitfinex CTO Paolo Ardoino confirmed the information in a tweet.  A few days before this announcement, Ardoino agreed to do an exclusive interview with Bitcoin Magazine to provide more technical details about the Lightning...
Read More

Research: Only 7% Of Ethereum’s Circulating Supply Is Kept On Exchanges

According to recent statistics, only about 7% of the circulating ETH is currently being held in cryptocurrency exchanges. This represents a notable decrease throughout the past few years. Data also reveals how storage was redistributed among the various exchanges over the same period. Ethereum Exchange Storage Decreases Popular cryptocurrency monitoring resource TokenAnalyst has presented exciting...
Read More

Tether Faces Another Lawsuit in the Western District of Washington

Tether has come under scrutiny time and time again in the past year and a half. It now appears the company faces another lawsuit in Washington State. The new lawsuit was filed on November 22, and addresses both Tether and Bitfinex. Another day in Court for Tether and Bitfinex It is a lawsuit very similar...
Read More

Bitfinex Under Legal Attack: Another Class-Action Lawsuit Filed in Washington

The controversy around Bitfinex and Tether continues. Apparently, the company is under legal attack as yet another “copycat” class action lawsuit has been filed against it with the US District Court for the Western District of Washington. Bitfinex Responds Against A Mysterious Complaint According to an official statement, “mercenary” lawyers continue to attack Bitfinex and...
Read More

Crypto Exchange Bitfinex Seeks Case Dismissal Over Bitcoin Bubble

Hong Kong-based crypto exchange Bitfinex is pleading with court for the dismissal of a $1.4 Trillion case in which it allegedly manipulated the 2017 Bitcoin bubble. The exchange claims that the plaintiffs’ cause of action has no legal basis, terming it ‘frivolous.’ Earlier, the plaintiffs filed a class-action lawsuit against Tether, Bitfinex, and others accusing...
Read More

Bitfinex to Launch Gold-Backed Stablecoin, says CTO Paolo Ardoino

Bitfinex exchange is all set to launch gold-backed stablecoin within the first quarter of 2020 says Bitfinex CTO, Paolo Ardoino. TheBlockCrypto hosted a podcast wherein Paolo Ardoino was the main guest. The main topic of focus was on the exchange transparency and its future plans. The Bitfinex exchange CTO, while talking in the podcast, discussed...
Read More

Biftinex is Set to Launch Options and a Gold-Backed Tether in Q1 2020

In a recent podcast, Chief Technology of Bitfinex cryptocurrency exchange revealed company’s ambitious plans for 2020 which include the debut of options and gold-backed Tether. With many issues that have made premier cryptocurrency exchange Bifinex controversial, it seems that the exchange is set to get its groove back in 2020 as per revelations by its...
Read More

BnkToTheFuture to Expand Its STOs Business to the U.S. Market

The CEO of BnkToTheFuture, Simon Dixon, strongly believes that in 2020 we will observe a durable tilt towards security tokens. The online investment platform known as BnkToTheFuture is yet again on another ambitious move and this time, its sights are fixed on the U.S. market. Knowing that without authorization from the Securities and Exchange Commission...
Read More

Tether Denies Recent Bitcoin Whale Manipulation Study

A recent study published by two US academics claimed that Tether and Bitfinex manipulated Bitcoin’s parabolic rally in 2017. Days after the publication, Tether has issued an official response denying the merits of the report, saying that the paper lacks credibility. Tether’s Response A few days ago, two university academics updated a paper they have...
Read More
1 2 3 4