Tag Archives: Bitfinex

There’s good news for Bitcoin investors and enthusiasts! The study of some on-chain metrics and Bitcoin wallets shows that the world’s largest cryptocurrency has been in the accumulation zone over the last 12 months.As on January 14, nearly 784,000 addresses were holding one or Bitcoin tokens. This is also an 11% surge from the 707,000 addresses holding BTC a year ago. Furthermore, the blockchain intelligence company Glassnode noted that total addresses holding BTC have doubled since...

Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...

Bitwise Bitcoin ETF proposal has been withdrawn. The cryptocurrency asset management firm indicated that it had submitted a note to the U.S. SEC. Bitwise said that the withdrawal request is “consistent with the public interest and protection of investors”. This shows that the firm is studying the situation at this time. The global head of research told:“We did indeed withdraw the application. This is a procedural step, and we intend to refile our application at an appropriate time.”It also...

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 BankThe Luxemburg-based cryptocurrency exchange recently announced its involvement with Silvergate Bank’s new product – SEN Leverage. Investors will have the option to obtain USD loans...

The cold as winter market suddenly turns hot: major coins getting a significant bump in prices. Specifically, the main Bitcoin forks are hitting the price roofs with Bitcoin Cash, Bitcoin SV and a hefty of other coins gaining a larger price per coin in no time. The SV rise from $150 per coin to $400 per coin may be also connected with Craig Wright‘s promise to obtain the private keys from Satoshi’s 1 million coins. And… publications like this one.Bitcoin Cash has also received a bump-up going...

A class-action suit against both Tether and cryptocurrency trading platform Bitfinex alleging that these parties manipulated the bitcoin price back in 2017 has been withdrawn.Tether and Bitfinex Are In a RutNote that this doesn’t mean the lawsuit has been dropped or taken out of commission. Rather, it was withdrawn and then resubmitted through a new plaintiff in an entirely different jurisdiction.Both companies have been under fire for some time when in 2018, University of Texas finance...

On 8 January, a day after the document is taken from the court, two plaintiffs sent a lawsuit against iFinex Inc., Bitfinex and Tether to another court. This lawsuit travels from Washington to New York, according to the Block.Bitfinex Has Three Weighty Cases against ItselfThe Western District Court in Washington gave the case back to Eric Young and Adam Kurtz, the crypto traders standing behind the third lawsuit against Tether. Despite yesterday’s news, the lawsuit was filed again, this time...

Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...

Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...

Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...