Tag Archives: Bitfinex

Staking is a way for cryptocurrency users to generate passive income as they earn interest on their investments. And now, to meet the demands of its customers, popular exchange Bitfinex has launched a staking rewards program, according to a Tuesday announcement. EOS, ATOM, VSYS Staking On BitfinexThe new staking services will allow Bitfinex’s users to earn interest of up to 10% per annum for depositing and holding their digital assets on the exchange. For the time being, however, the staking...

In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.During this uncertain time, many companies in the crypto industry are continuing to develop their technology further and implement more innovative features for their users. This crypto digest will guide you through the major stories of March 2020.Shimmer on RustAlso, this month crypto exchange Bitfinex announced the deployment of its proprietary market...

Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.Binance, Block.one, BitMEX, TRON Foundation, BiBox and others received an astral hit. Well, not quite astral, but rather juridical. Because the regulators are mad when someone is doing things wrong.All the lawsuits are filed to the Southern District of New York. Per the...

Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.The Glassnode data shows that BTC holders are sending their coins away from the exchanges and even the custodial services. Per the stats, Bitcoin price may be in the accumulation stage. After it ends, the bull run is imminent. Since March 18, the major exchanges were losing tons of...

The popular cryptocurrency exchange, Bitfinex, has gone under sudden unscheduled maintenance. As the price of Bitcoin continues to struggle at around $8,700, the exchange suspects that it might be undergoing a DDoS attack.Bitfinex Goes DownBitfinex is arguably one of the most popular cryptocurrency exchanges. According to an official release on their website, as well as an announcement on their Twitter page, the exchange is currently “under maintenance.”We are investigating what seems like a...

The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did.  It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...

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 MobileInvented back in 2015, the Lightning Network intends to serve as Bitcoin’s off-chain scaling solution. Essentially, it allows people...

Tom Lee is a person who always gives positive price predictions when it comes to Bitcoin. But now, there’s a bunch of other people claiming that Bitcoin halving might be not good for the Bitcoin price dynamics.He thinks that the technical analysis, as well as the core principles of Bitcoin, show that the price should go up. His agency Fundstrat gains up to 193% of easy profits out of Bitcoin. Per Tom Lee:“Yes, 2020 should be great for Bitcoin. Because you got, number one the Halving happening...

Traders of Bitfinex got the ability to trade the stablecoin XAUT with a maximum of 5x leverage. Bitfinex also pumps up BTC/USD margin trading pair to the same maximum.Last week Bitfinex presented a new stablecoin Tether Gold. It is backed by the gold bars hidden in the unknown Swiss vault. Tether claimed that they have ‘direct access’ to the vault. The margin trading option as announced on Tuesday, against the U.S. dollar, Tether and BTC. The initial equity can be 20%.Margin trading will...

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 Bitcoin holdings. To gather the information, it used “standard heuristics, proprietary clustering algorithms, and advanced data...