カテゴリー: BitFinex

Markets Update: Cryptocurrency Prices at the Crossroads

Markets Update: Cryptocurrency Prices at the CrossroadsCryptocurrency prices have once again dipped some more as most digital assets are seeing 24-hour losses of around 2-10 percent today. Bitcoin Core (BTC) markets have dipped below the $6K region to a low of $5,774 per coin but have since rebounded a hair to $5,907. Bitcoin Cash (BCH) markets dropped to a low of […]

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Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol HillIn today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their […]

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Tether Shows Law Firm Its Funds But Stops Short of an Audit

Tether Shows Law Firm Its Funds But Stops Short of an AuditTether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2.6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning  Tether’s inability to settle the solvency debate once and for all. Also read: Major Korean Crypto […]

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Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is […]

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New Report Blames Tether for Bitcoin’s Bull Run

New Report Blames Tether for Bitcoin’s Bull RunTether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. This isn’t the first time the dollar-pegged stablecoin has been blamed for market manipulation, but is the most compelling evidence to date that 2017’s record highs may not have been entirely organic. […]

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PR: Tron Mainnet Launched – Young Team Dispelled Rumors with Sweat, Perseverance and Success

Tron Mainnet Launched - Young Team Dispelled Rumors with Sweat, Perseverance and SuccessTRX made a hit as the first cryptocurrency whose value exceeded a hundred times of its issuance price in 2018 when the New Year had been only a few days away. In a flash, it squeezed itself into the Top 20 list of cryptos with highest market capitalization. Since then, TRON has recruited a mighty tech team and released a series of iterations. Albeit good news now and then, TRON is never short of controversaries and even rumors.

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DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision

DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult SupervisionInvestigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” […]

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Bitfinex Starts Sharing Customer Tax Data with Authorities

Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known tax haven, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. […]

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Markets Update: Mid-May Price Dips Plague Cryptocurrency Markets

Markets Update: Mid-May Price Dips Plague Cryptocurrency MarketsCryptocurrency markets are losing some gains today, as most digital assets are down between 3-15 percent during this morning’s trading sessions on May 16, 2018. The overall cryptocurrency market cap has shaved a few billion in losses since our last markets update, leading to the valuation of all 1,600 cryptocurrencies hovering around $374Bn today. During […]

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The Most Controversial Bitcoin Forks Yet Are Coming

The Most Controversial Bitcoin Forks Yet Are ComingBitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back. Also read: Forget Emojis – Bitcoin Sentiment […]

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