カテゴリー: BitFinex

Bitcoin Usage Falls to Its Lowest in Months

Bitcoin Usage Falls to Its Lowest in MonthsThere’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why […]

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Bitfinex Plans Launch of Decentralized Exchange Eosfinex

Bitfinex Plans Launch of Decentralized Exchange, EosfinexBitfinex has announced that it will launch a decentralized cryptocurrency exchange built on the Eos.io platform. The new platform, Eosfinex, will be the first exchange to be hosted using Eos.io’s decentralized application infrastructure. Also Read: EOS Raises $700M Despite Token Affording No “Rights, Uses, Purpose, or Features” Bitfinex Partners With Eos to Develop Eosfinex Bitfinex claims […]

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U.S. Corporate Customers Barred From Bitfinex’s Margin Markets

U.S. Corporate Customers Barred From Bitfinex’s Margin Markets?Multiple concerned U.S. corporate customers of Bitfinex have posted on Reddit after discovering that they were unable to access the exchange’s margin trading services. Although Bitfinex has previously indicated that it would no longer allow U.S individuals to access the exchange’s services, Bitfinex’s support portal currently states that the restrictions do not affect U.S. corporate […]

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Independent Ratings Agency Alerts Investors About Dangers of Tether

Independent Ratings Agency Alerts Investors About Dangers of TetherAnother outside observer of the controversial tether cryptocurrency is warning about the dangers it presents for the uninterrupted operation of USDT exchanges. Weiss Ratings is seeking to educate investors on the systematic risk tether introduces to the ecosystem. Also Read: Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors Inherent Risks of […]

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New Reports Shine a Spotlight on Tether’s Legal Status

New Reports Shine a Spotlight on Tether’s Legal StatusRarely a week passes when Tether, the company responsible for issuing the USD-pegged cryptocurrency of the same, isn’t in the news. In the last 24 hours, two separate reports into the status of Tether and its USDT tokens have been published, one examining its legal status and the other exploring its blockchain. Meanwhile, Upbit exchange […]

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Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend

Markets Update: Cryptocurrencies Start Forming a Well Defined UptrendCryptocurrency markets are starting to slowly inch back upwards after many digital assets lost roughly 40-70 percent of the values they held two months ago. Bitcoin core markets (BTC/USD) reached a low of $5,920 this past Monday, but as the weekend approaches the price has regained strength hovering around $8,250-8,450. Moreover, the price of bitcoin […]

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Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

Study Finds Little Correlation Between Tether Printing and Bitcoin's PriceOver the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently […]

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Markets Update: BTC Prices Suffer from a 65% Loss Since December

Markets Update: BTC Prices Suffer from a 65% Loss Since DecemberBitcoin prices and cryptocurrency markets, in general, have been declining in value for the past six weeks straight with a few bounces here and there. Currently, BTC/USD markets have reached the lowest price in weeks touching $6,600 on February 5, 2018, erasing the past three months worth of gains. Also Read: China Censors Cryptocurrency Ads on […]

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Trading Tip `The Wall´ – I Was Wrong

Trading Tip `The Wall´ - I Was WrongLast week, I made an analysis of the bitcoin price situation. My analysis noted that while the rumors of Wall Street price manipulation was most likely false, the fear was real. Despite that, the price did not break under $10,000. Because my inclination towards bitcoin is bullish (based on the the positive sentiment around the […]

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Tether Printed One-Third of All USDT After Receiving Subpoena

Tether Printed One-Third of All USDT After Receiving SubpoenaFollowing the recent announcement that Tether received a subpoena from the United States Commodity Futures Trading Commission on the 6th of December, it has become apparent that over one-third of the total supply of Tether was created after the date of the subpoena’s delivery. Also Read: U.S. Regulators Send Tether and Bitfinex Subpoenas Supply of USDT […]

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