The 21st-century political arena has seen a dramatic shift in political ideologies, priorities, and political platforms. Among these changes is the growing importance of Bitcoin and its influence on the political zeitgeist. From Argentina to the United States, Bitcoin is now playing a significant role...Read full story at Bitfinex Blog >
Markets were left reeling last week as Bitcoin plunged below the psychologically significant $25,000 mark. This recent downward spiral was accompanied by a hair-raising $1 billion in futures liquidations. Before this tumble, Bitcoin had been enjoying an almost serene market period, with historically low volatility...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – August 14, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will list SEI, the native token of the Sei Network, an open-source layer-1 blockchain . This will make Bitfinex one of the first...Read full story at Bitfinex Blog >
The one word we use to describe the current market environment is: languid. Indeed, it is languid at best and sceptical at worst. Bitcoin funds have witnessed a massive outflow of $111 million in the week to August 5th, its most significant weekly withdrawal since...Read full story at Bitfinex Blog >
Today, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District Of New York issued a comprehensive and incisive 6-page decision that included an order dismissing the meritless class action lawsuit filed by Matthew Anderson and Shawn Dolifka against Tether and...Read full story at Bitfinex Blog >
Istanbul, Turkiye, August 2, 2023 Bitfinex Turkiye*, (https://www.bitfinextr.com/), a state-of-the-art digital asset trading platform, is pleased to announce the successful integration of an API connection with Vakıfbank, one of the largest banks in Turkiye. This integration empowers Bitfinex Turkiye customers to deposit Turkish Lira (TRY)...Read full story at Bitfinex Blog >
August 1st marks a monumental date in the world of digital currencies, it is recognised as Bitcoin Independence Day. The day serves as a symbolic reminder of the moment when Bitcoin demonstrated its resilience, decentralisation, and sovereignty by overcoming an attempt at control exerted by...Read full story at Bitfinex Blog >
Splicing is an advanced feature of the Lightning Network, a second-layer payments network designed to boost the speed, scalability, and efficiency of Bitcoin. Splicing allows users to increase or decrease the capacity of their existing payment channels on the Lightning Network, either by adding or...Read full story at Bitfinex Blog >
Despite some price slippage in Bitcoin to below the $30,000 mark, we still see an array of on-chain metrics signalling the beginning of a bull market. Central bank rate hikes seem to be a lesser concern with the market largely pricing these in. More notable...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – July 25, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing OP, the native token of Optimism, a decentralised, Ethereum-based layer-2 blockchain that enables scalable smart contracts and instant transactions. Built...Read full story at Bitfinex Blog >
The Lightning Network is revolutionising Bitcoin scalability by establishing itself as the primary payment rail bridging various Layer Two projects together. This interconnected ecosystem is fostering cross-compatibility, thereby promoting seamless, fast, and low-cost transactions across different Bitcoin Layer Two projects. Did Lightning’s Early Adopters Miss...Read full story at Bitfinex Blog >
On July 6th, Lightning Labs announced a set of developer tools to enable Lightning and AI developers to integrate the Lightning Network for micropayments directly within Large Language Models (LLM). This is intended to make payments for Artificial Intelligence a lot more easy. Integrating Lightning...Read full story at Bitfinex Blog >
Despite the relief with which markets greeted last week’s Consumer Price Index (CPI) print, the US economic picture is still quite mixed. While there are indications of improvement, such as increased small business optimism, challenges persist, including inflationary pressures in the housing sector and cautious...Read full story at Bitfinex Blog >
Road Town, British Virgin Islands, July 6, 2023 Bitfinex, (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, is pleased to announce that it has received $312,219.71 in cash and 6.917 BCH from the United States Department of Homeland Security (DHS). This is part of Bitfinex’s ongoing...Read full story at Bitfinex Blog >
For Journalists Only PROVIDENCE, Mahe, Seychelles, July 5, 2023 – Bitfinex Derivatives*, a leading digital asset trading platform, is thrilled to announce the listing of a new Turkish Lira perpetual contract, which will enable traders to take positions on the currency, and trade up to...Read full story at Bitfinex Blog >
The economy remains resilient, which means rates will continue to rise In an intriguing turn of events, the US manufacturing sector is charting a rebound, reporting surging orders driven by strong demand for transportation equipment. Great news for the economy! But is it? The longer-term...Read full story at Bitfinex Blog >
ROAD TOWN, Islas Vírgenes Británicas – 27 de junio de 2023 – Bitfinex (https://www.bitfinex.com/), una plataforma de negociación de activos digitales de última generación, está reafirmando su compromiso con la libertad financiera e inclusión en América Latina con el lanzamiento de ‘Bitfinex P2P’, una nueva...Read full story at Bitfinex Blog >
Decentralised Finance has taken the crypto world by storm, making Ethereum the second largest blockchain by market capitalisation and spawning legions of parallel EVM-based, Web3, layer one, blockchains. It’s a little known fact, but DeFi also exists in Bitcoin-land and is growing quickly. Let’s examine...Read full story at Bitfinex Blog >
RGB is a smart contract layer and off-chain protocol built on the Bitcoin blockchain, which allows for the minting and issuing of Bitcoin-based digital assets. With RGB, users will be able to issue stablecoins, tokens, Non Fungible Tokens (NFTs), and create client-validated confidential smart contracts...Read full story at Bitfinex Blog >
The US economy continues to face a mixed economic landscape as more key indicators roll in. Wholesale prices, as measured by the Producer Price Index (PPI), experienced a larger-than-expected decline in May, pointing towards a potential slowdown in inflation. This trend suggests that supply chain...Read full story at Bitfinex Blog >
The Bitfinex Pay Merchant Dashboard is an internal tool designed to provide our Merchants with powerful reports and features to manage their Merchant crypto gateway. We’re pleased to share the latest updates to Bitfinex Pay. For more on Bitfinex Pay, please refer to https://blog.bitfinex.com/category/bitfinex-pay/. Merchant...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – June 13, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, has just published the first of three high-octane episodes showcasing its first-ever Bitfinex Trade Masters Trading Competition which took place in Istanbul, Turkey to its official YouTube channel...Read full story at Bitfinex Blog >
We are pleased to announce the launch of our brand-new website, dedicated to providing our customers with easy access to all official Bitfinex channels. At Bitfinex, we believe in transparency, trust, and efficient communication, and this website is a testament to our commitment to empowering...Read full story at Bitfinex Blog >
ASTANA, Kazakhstan June 8, 2023 – Bitfinex Securities Ltd, the leading platform for the issuance and trading of tokenized securities, – is pleased to announce the signing of a Memorandum of Understanding (MOU) with Astana International Exchange (AIX), to establish a collaborative partnership in various...Read full story at Bitfinex Blog >
Summer 2019 – Bitcoin Beach initiative begins Bitcoin Circular Economy project and planned tourist village in El Zonte, El Salvador. Mike Peterson, Roman Martinez, and Jorge Valenzuela head up the project. June 1st, 2019 – President Nayib Bukele begins his term as President. June 5th,...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – June 6, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, announced today that it will be listing the GoC Token, the native token of the GoCrypto Ecosystem. GoCrypto is a leader in global crypto and card payment infrastructure,...Read full story at Bitfinex Blog >
As we survey the markets this week, mixed US economic data continues to emerge as crypto markets begin to look like they are entering a summer lull. We also begin to see strains in Europe, with Germany entering into a recession. In the US, the...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – May 30, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, announced today that it will be listing WhiteBIT Token, the native utility token of WhiteBIT Exchange. Founded in 2018 and originally from Ukraine, WhiteBIT is a top 20...Read full story at Bitfinex Blog >
The United States finds itself in an extraordinary economic environment, where recession indicators continue to flash red, interest rates are at their highest point in 16 years, inflation remains a persistent concern, yet the services sector of the economy and the job market continue to...Read full story at Bitfinex Blog >
Bitcoin Magazine’s Bitcoin conference is the world’s largest gathering of Bitcoin and crypto enthusiasts in the world. Past years have witnessed major industry announcements like El Salvador’s Bitcoin legal tender law. Let’s take a glance at the most interesting announcements from this year’s conference. Bitcoin...Read full story at Bitfinex Blog >
Bitfinex is aware of a report that has been undertaken by the Organised Crime and Corruption Reporting Project and was recently published by Wired magazine. The assertions made by the OCCRP are factually incorrect. We advised OCCRP of this in March 2023. Wired magazine made...Read full story at Bitfinex Blog >
Despite mounting economic challenges, the good news just keeps on coming. Consumer spending in the United States witnessed a substantial increase in April, showcasing the remarkable resilience of American households and their ability to navigate an uncertain economic landscape. Consumer spending was fuelled by continued...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – May 22, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital asset trading platform, announced today that it will be listing PEPE Token, a popular ERC-20 token on the Ethereum blockchain. PEPE is a memecoin created in April 2023 as a tribute...Read full story at Bitfinex Blog >
Michael Saylor, founder and chairman of MicroStrategy recently took to Twitter and announced that MicroStrategy is working on onboarding the corporate world to Bitcoin and Lightning Network. Let’s take a look at his plans for orange-pilling corporate CEOs. Spinning up Lightning Wallets like Containers in...Read full story at Bitfinex Blog >
The fight against inflation is not over, according to New York Federal Reserve President John Williams. On an absolute basis, it is still too high and way above the Fed’s two percent target. But progress is being made. Consumer Price Index (CPI) inflation for April...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – May 11, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be among the first crypto exchanges to list $KARATE, the native governance token of the live-action martial arts sports league, Karate Combat. Offering...Read full story at Bitfinex Blog >
BRC 20 is gaining traction and popularity because of the recent meme coin pump. According to brc-20.io, BRC-20 tokens have reached a market capitalisation of $858,775,461. Designed for the Bitcoin blockchain, created using the Ordinals protocol, the BRC-20 token standard is seemingly secure and fungible...Read full story at Bitfinex Blog >
The difference in views on monetary policy between what the Fed is indicating and what the market is predicting is stark. As the Fed raised rates last week by an expected 25 basis points to bring the federal funds rate to between 5-5.25 percent, it...Read full story at Bitfinex Blog >
Bitcoin Beach is the most well known Bitcoin circular economy and community project, but it has inspired many other similar efforts around the world. Even since before Bitcoin Beach, there is a rich history of people trying to use Bitcoin as money at a grassroots-level...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – May 3rd, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing FLOKI, the Native Utility token of the Floki Inu ecosystem. The Floki ecosystem is community-powered and gives users control of their...Read full story at Bitfinex Blog >
With Bitfinex’s Paper Trading platform, customers can now trade without putting any capital at risk. New and small investors can learn how to trade, while sophisticated professionals and institutional investors can backtest trading strategies to see how they perform. Paper Trading is the perfect way...Read full story at Bitfinex Blog >
The US economy continues to face concerns regarding a potential recession later in the year. A deeper yield curve inversion than any seen in the past 40 years suggests a prolonged and far-reaching recession than usual. Further interest rate hikes by the Fed in 2023...Read full story at Bitfinex Blog >
Today we’re going to take a look at Fedi, a Bitcoin startup building on the Fedimint open source protocol for federated Chaumian E-cash integrated with the Lightning Network. Fedimint stands for “Federated Mint” and uses a decentralised federation similar to Blockstream’s Liquid sidechain. What is...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – April 27, 2023 – Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today the launch of its revamped paper trading platform, with 18 spot and 16 perpetual trading pairs, including BTC, ETH, SOL and MATIC. The Bitfinex Paper...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – April 25, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform announced today its sponsorship of Penguin Academy’s three-week introductory coding bootcamp in Paraguay. Dedicated exclusively to women, the bootcamp is set to take place from May 3 –...Read full story at Bitfinex Blog >
The signs of a cooling economy, battered by a year of interest rate increases, are finally taking hold. As an indicator of economic sentiment, housing is a good proxy for the longer-term sentiment. In March, US housing starts fell by 0.8 percent, with multi-family projects...Read full story at Bitfinex Blog >
Bitfinex to List Bitget’s Native Utility Token, $BGB ROAD TOWN, British Virgin Islands – April 24, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing $BGB, the native token of crypto derivatives exchange, Bitget As a player in...Read full story at Bitfinex Blog >
It’s become a tradition throughout the cyclical Bitcoin boom and bust market cycle, that while Bitcoin is bearish, the builders will simply continue to build. It’s this ethos which has sustained Bitcoin’s first mover advantage, throughout the first 3 Bitcoin halvings, seeing it emerge as...Read full story at Bitfinex Blog >
The Consumer Price Index (CPI) reading improved in March, albeit remaining obstinately high. The monthly rate of inflation decreased primarily due to a significant decline in energy prices. Excluding food and energy, core inflation persists. However, we think enough work has been done over the...Read full story at Bitfinex Blog >
After recently passing its Digital Assets Securities Law and regulatory framework earlier this year, El Salvador has given its first-ever Digital Asset licence to Bitfinex Securities. This milestone marks a historic first for the Central American nation’s radical and innovative Bitcoin adoption strategy. Financial Freedom...Read full story at Bitfinex Blog >
New licence an historic victory for financial freedom in Latin America & beyond SAN SALVADOR, EL SALVADOR, April 11, 2023 – Bitfinex Securities El Salvador S.A. de C.V. (“Bitfinex Securities El Salvador”), a fully-regulated digital asset exchange that will enable the issuance and trading of...Read full story at Bitfinex Blog >
The US economy has seen a mixed bag of indicators in recent months, with some signs of slowing growth and others that indicate continued resilience. The labour market, in particular, has seen a decline in job openings to a 21-month low of 1.67, although the...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – April 10, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing LDO, the native governance token of Lido DAO. As a liquid staking solution for proof-of-stake (POS) blockchains, Lido aggregates node operator...Read full story at Bitfinex Blog >
For distribution to journalists only. Equity indices include HONG KONG 50, JAPAN 225 and AUSTRALIA 200 PROVIDENCE, Mahe, Seychelles, 3 April 2023 – Bitfinex Derivatives, a derivatives platform that is accessible through Bitfinex announced today a range of perpetual contracts for three of the largest...Read full story at Bitfinex Blog >
The current macroeconomic landscape presents a mixed outlook with several challenges still to overcome. In a recent speech, Federal Reserve Governor Philip Jefferson made it very clear that the US central bank’s commitment to addressing high inflation while minimising adverse effects on the US economy...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – April 3, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing PRMX, the native token of PREMA, a comprehensive NFT-integrated platform that provides users with access to multiple blockchains. Describing itself...Read full story at Bitfinex Blog >
For distribution to journalists only. Bitfinex offers a Perpetual Contracts in ARB PROVIDENCE, Mahe, Seychelles, March 28, 2023 11:30 AM UTC – Bitfinex Derivatives is pleased to announce a new perpetual contract for Arbitrum, a popular Ethereum layer 2 scaling solution. The launch of the...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – March 28, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing BRISE, the native token of Bitgert. Bitgert is a cryptocurrency platform that offers an alternative to DEX platforms, and allows users...Read full story at Bitfinex Blog >
With another 25 basis point rate hike under our belts, the Fed reinforced its message last week that despite the recent bank failures, it still remains focused on combating inflation. Fed Chairman Jerome Powell also warned that there were unlikely to be any rate cuts...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – March 23, 2023 – Bitfinex, a leading digital token trading platform, has announced its listing of Toncoin (TON), the native token of The Open Network. The Open Network aims to unite various blockchains and the Web2 Internet into a single open network. The TON ecosystem offers a decentralized exchange, staking tools, domain names, and multifunctional wallets, enabling quick, cost-effective, and energy-efficient transactions.
TON serves multiple purposes, including participating in network governance, paying transaction fees, facilitating cross-chain transactions, and serving as the native currency for services within the network's ecosystem.
The US economy has consistently defied predictions of a broad-based recession and has demonstrated resilience in withstanding supply-chain stresses caused by lockdowns, global conflicts, labour shortages, and significant interest rate hikes. However, this resilience is now facing another test, as a banking crisis threatens the...Read full story at Bitfinex Blog >
Bitfinex to List ARB, Arbitrum’s New Native Token ROAD TOWN, British Virgin Islands – March 20, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be one of the first exchanges to list ARB, the new governance token of...Read full story at Bitfinex Blog >
The Bitfinex Pay Merchant Dashboard is an internal tool designed to provide our Merchants with powerful reports and features to manage their Merchant crypto gateway. We’re pleased to share the latest updates to Bitfinex Pay. For more on Bitfinex Pay, please refer to https://blog.bitfinex.com/category/bitfinex-pay/. Merchant...Read full story at Bitfinex Blog >
Perpetual Swaps For distribution to journalists only. PROVIDENCE, Mahe, Seychelles, March 15 2023 – Bitfinex Derivatives* is pleased to announce a range of perpetual contracts for some of the largest and most popular global commodity indices. The launch of the commodity contracts will allow Bitfinex...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – March 14, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be one of the first crypto exchanges to list the new Wrapped Minima (WMINIMA) token, an ERC-20 token issued by Minima. Launched...Read full story at Bitfinex Blog >
We start this week’s Bitfinex Alpha with a deep dive into the extraordinary collapse of Silicon Valley Bank (SVB) and the de-pegging of USD Coin (USDC). As we explain, the demise of SVB is a classic case of poor risk management in a rising rate...Read full story at Bitfinex Blog >
As more and more breakthrough technologies get adopted in daily life, the lines between technology sectors can begin to blur. Enter CryptoGPT, a ZK Layer two blockchain for Artificial Intelligence. CryptoGPT lets users monetise every aspect of their daily lives by making their data available...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – March 9, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be one of the leading global exchanges to list Onomy Protocol (NOM), an interoperable layer-1 ecosystem built with the aim of converging Forex...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – March 8, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be one of the first exchanges to list GPT, the native token of CryptoGPT, an Ethereum-based, layer 2 blockchain dedicated to Artificial...Read full story at Bitfinex Blog >
In the dream scenario, a “soft landing,” with moderating inflation and a resilient and growing economy, would be ideal. However, after more evidence of re-accelerating inflation and strong consumer spending in February, the possibility of higher US interest rate hikes continues to loom large over...Read full story at Bitfinex Blog >
A still-resilient US economy is giving a glimmer of hope for a soft landing. Despite the Federal Reserve’s massive rate hikes that started last year, PMI (Purchasing Manager Index) output figures show that the economy is still growing. The service sector saw a notable improvement...Read full story at Bitfinex Blog >
El Salvador’s Ambassador to the United States, Milena Mayorga announced the nation’s second Bitcoin Embassy, planned for the state of Texas. El Salvador leads the world in Bitcoin adoption, and opened the first Bitcoin Embassy in Lugano, Switzerland in October of last year. El Salvador’s...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – February 23, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced that it will be listing BLUR, the native token of Blur, an Ethereum-based NFT marketplace and aggregator platform. Launched in October 2022, Blur is designed as...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands, February 23 2023 – Bitfinex Securities, a fully-regulated exchange powered by Bitfinex enabling the issuance and trading of tokenized securities including equities and bonds, today celebrated the opening of an important new regional office in Astana, Kazakhstan. The opening of...Read full story at Bitfinex Blog >
It’s been another action-packed week, with data out suggesting future rate hikes could be higher than 25 basis points. Inflation came in hotter this January, and although on an annual basis, headline CPI is declining, select consumer spending categories show that inflation remains persistent. It...Read full story at Bitfinex Blog >
Drivechains are a Bitcoin layer two technology for side chains which allow for altcoins to exist on top of Bitcoin. This would offer several benefits like allowing permissionless experimentation, new features or use cases, eliminating competition between blockchains, and improved scalability. The downside is that...Read full story at Bitfinex Blog >
Inflation concerns seem unable to beat the love this Valentines. Survey results suggest that Americans are expecting to spend significantly on Valentine’s Day despite the fact that prices are notoriously worse during this week. According to the National Retail Federation, Valentines Day sales in 2023...Read full story at Bitfinex Blog >
Ethereum’s Shanghai upgrade will allow investors who staked their Ether to support last year’s “Merge” to withdraw their ETH, and implement Ethereum Improvement Proposal (EIP) 4895. Ethereum switched from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) model following The Merge...Read full story at Bitfinex Blog >
[Press release] ROAD TOWN, British Virgin Islands – February 9, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing OGN, the native token of Origin Protocol, an Ethereum-powered platform that specializes in NFTs and DeFi. Launched in...Read full story at Bitfinex Blog >
The Bitfinex Pay Merchant Dashboard is an internal tool designed to provide our Merchants with powerful reports and features to manage their Merchant crypto gateway. We’re pleased to share the latest updates to Bitfinex Pay. For more on Bitfinex Pay, please refer to https://blog.bitfinex.com/category/bitfinex-pay/. Merchant...Read full story at Bitfinex Blog >
Bitfinex is proud to announce our new spread ladder trading feature, which lets traders easily execute large trades in a single transaction without having to take multiple positions to hedge risk, and assists in achieving an average entry and exit price. Incremental buys & sells...Read full story at Bitfinex Blog >
Bitfinex, Keet, Synonym and Tether would like to express our sincerest condolences and sympathy to the people of Turkiye, following the devastating earthquake to hit the country today. It is clear that the scale of the disaster has been both widespread and catastrophic. Our hearts...Read full story at Bitfinex Blog >
Early calls for a pause in rate hikes, following last week’s 25 basis point increase, are likely to fall on deaf ears. With inflation at 6.5 percent, we are still a long way above the Fed’s two percent target. Furthermore, employment demand is robust, and...Read full story at Bitfinex Blog >
Over the past week, the Bitcoin community has been locked in a heated debate over Ordinals and Inscriptions, a new way to create NFTs assigned to individual Satoshis, the smallest divisible unit of Bitcoin. Ordinals take advantage of Taproot & Segwit witness data to store...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – February 2nd, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, has launched a new trading Spread Ladder into its user interface. The tool allows traders to execute large trades in a single transaction without having to take multiple...Read full story at Bitfinex Blog >
It is a conundrum for markets and economic policy makers that when the economic data is indicating a slowdown, it is taken as a positive. Signs of declining US business activity and declining personal consumption would seem to indicate that the string of interest rates...Read full story at Bitfinex Blog >
Since the early days of Bitcoin, its sometime status as an uncorrelated digital asset or cryptocurrency has meant that it experiences bouts of sharp volatility in comparison to other types of traditional investments. This volatility has caused naysayers and critics to declare its death more...Read full story at Bitfinex Blog >
As crypto markets rally following a fall in retail sales and Producer Price Index (PPI) data, there is hope that interest rate increases are becoming a thing of the past. Unfortunately, that is almost certainly too optimistic for where we are in the fight against...Read full story at Bitfinex Blog >
The seasoned Bitcoiner’s mantra has always been “Not your keys, not your coins” and for good reason. Many early adopters carelessly stored their private keys, were hacked, scammed, or stored their coins on custodial platforms that were untrustworthy, losing a fortune in Bitcoin in the...Read full story at Bitfinex Blog >
Today, we’re pleased to announce that we have simplified and enhanced the user experience (UX) for customers who want to make USDt-on-Near transfers on Bitfinex. Bitfinex is the only platform to offer the opportunity for customers to deposit and withdraw USDt on the NEAR blockchain,...Read full story at Bitfinex Blog >
Bitfinex, in its year-end open letter, called 2022 an annus horribilis. Marked by spectacular collapses of major crypto hedge funds (Three Arrows Capital), big crypto projects (Terra Luna) and crypto household names (FTX, Celsius, BlockFi), it is not surprising that as we enter 2023, there...Read full story at Bitfinex Blog >
After 425 basis points of interest rate increases over the last 12 months, there has finally been some reward. The latest reported decline in consumer price inflation has not only given risk assets a boost but also provided leeway to the Federal Reserve to relax...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – January 11, 2023 “We are delighted that El Salvador has today passed its domestic securities law. This paves the way for more innovative financial solutions to meet the country’s needs, including the forthcoming Volcano Token. This is a monumental...Read full story at Bitfinex Blog >
In another exciting announcement from “Bitcoin Country”, El Salvador has announced the passing of its “Digital Asset Issuance” legislation that was proposed last November. This new digital asset regulatory framework paves the way for its much anticipated Volcano Token issuance. A Regulatory Framework For Digital...Read full story at Bitfinex Blog >
Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetisation models. Flare’s State Connector protocols enable information external to...Read full story at Bitfinex Blog >
As we enter the new year, the enthusiasm of the markets cannot be contained. Even following the release of the FOMC minutes last week and much jaw-boning by Fed officials indicating that the fight against inflation is not over, the market is indicating interest rates...Read full story at Bitfinex Blog >
ROAD TOWN, British Virgin Islands – January 05, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will be listing Flare (FLR), the native token of its interoperable blockchain, which offers developers a simple and coherent stack for decentralized interoperability. Flare,...Read full story at Bitfinex Blog >
The Bitfinex Pay Merchant Dashboard is an internal tool designed to provide our Merchants with powerful reports and features to manage their Merchant crypto gateway. We’re pleased to share the latest updates to Bitfinex Pay. For more on Bitfinex Pay, please refer to https://blog.bitfinex.com/category/bitfinex-pay/ Merchant...Read full story at Bitfinex Blog >
As one of the world’s oldest and best-known digital asset trading platforms, Bitfinex is no stranger to bear markets. Even for us, though, 2022 will go down as an unusually dramatic year. A month after the demise of FTX, now seems an appropriate moment to...Read full story at Bitfinex Blog >
The message from the data last week is that inflation is abating, but the process is slow, and the Fed is not easing up yet. There will be more rate hikes to come and we predict another 50 basis point increase in February and another...Read full story at Bitfinex Blog >