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Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?

[Oct 16, 2024 8:30 AM] Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of…

Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case

[Oct 12, 2024 12:30 AM] Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring…

Bitcoin Facing Potential Capitulation Amid On-Chain Liquidity Squeeze, Analyst Says

[Oct 11, 2024 1:00 AM] According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market. Bitcoin Headed Lower Before Higher In a…

Only Bitfinex may get restitution in 2016 hack, per government filing

[Oct 9, 2024 6:44 PM] Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.

Bitcoin open interest surge past $35B raises 'overheating' concerns

[Oct 2, 2024 2:40 PM] Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market.

EigenLayer’s EIGEN token unlock looms, futures tip a $6.8B FDV

[Sep 30, 2024 5:55 PM] EigenLayer’s EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after. 

'Sustained' Bitcoin ETF inflows may 'buoy' price despite slowing spot buying

[Sep 25, 2024 11:46 AM] A more “sustained” run of spot Bitcoin ETF inflows may counteract the Bitcoin "spot market buying slowing,” says Bitfinex analysts.

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex

[Sep 24, 2024 6:46 AM]

Billions in Settlements Disrupted, Blockchain Gaming Boom, and More — Week in Review

[Sep 15, 2024 12:30 PM] Recent Western sanctions have disrupted over $55 billion in trade settlements between Russia and Turkey. Cameron Thacker of Mythical Games believes the current blockchain gaming surge is more stable, as it focuses on better user experiences rather…

Analysts Anticipate Altcoin Outperformance and Bullish Q4

[Sep 12, 2024 12:30 AM] Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months…

India tops global crypto use despite offshore exchange ban

[Sep 11, 2024 11:58 AM] India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.

US Fed rate cut could push Bitcoin down 20%: Analysts 

[Sep 4, 2024 2:47 AM] Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.

Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom

[Sep 3, 2024 11:30 PM] Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a…

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

[Sep 3, 2024 4:22 PM] Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.

Coinbase, KuCoin, others file crypto license applications in Turkey

[Aug 18, 2024 8:09 AM] As the Turkish Capital Markets Board continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes.

Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound

[Aug 14, 2024 2:30 AM] Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among…

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

[Aug 12, 2024 3:30 AM] Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are…

Bitfinex hacker Heather Morgan spotted at Bitcoin Conference 2024

[Jul 29, 2024 3:39 PM] Heather Morgan, aka Razzlekhan, has been spotted in several Bitcoin events, the latest at the Bitcoin Conference 2024.

Trump won’t sell US BTC if elected, what about seized assets?

[Jul 28, 2024 11:43 AM] Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit

[Jul 16, 2024 2:25 AM] Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This…

Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset

[Jun 18, 2024 12:52 AM] Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new…

Hidden Road partners with Bitfinex after Bybit KYC issues

[Jun 13, 2024 7:00 AM] After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange.

Fake Crypto Airdrop: Tether’s CEO Warns Of Ongoing Supply Chain Email Exploit

[Jun 5, 2024 3:00 PM] Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Exciting News: It’s A Scam! On Wednesday…

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

[Jun 3, 2024 3:26 PM] Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex

[May 22, 2024 6:09 AM] Bitcoin ecosystem recorded consistent high daily closes, massive BTC outflows from crypto exchanges and inflows into the spot Bitcoin ETF market.

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

[May 15, 2024 2:11 PM] Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

[May 10, 2024 2:26 PM] The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

[May 6, 2024 6:07 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis

[Apr 23, 2024 9:00 AM] In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the…

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

[Apr 23, 2024 1:22 AM] The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.