Bitfinex | Crypto Profit Bot

Bitfinex Pay to integrate U2F authentication for online merchant payments

September 3, 2021

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Cryptocurrency exchange Bitfinex launches a new authentication standard for online payments service Bitfinex Pay. 1684 Total views 65 Total shares In an effort to increase customers’ security and privacy on its platform, cryptocurrency exchange Bitfinex has announced the adoption of open authentication standard universal second factor (U2F) within its merchant payments service, Bitfinex Pay. The […]

2022 trial date set for Tether’s accused ‘shadow banker’ Reggie Fowler

August 6, 2021

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Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year. 1050 Total views 8 Total shares A 2022 trial date has been set for former NFL team owner and alleged “shadow banker” Reggie Fowler. Fowler […]

Here’s how altcoin futures volumes and the USD lending rate signal market crashes

July 19, 2021

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Every once in a while, a new indicator pops out that can be used to detect price tops and bottoms in the market. This assertion is even more evident in cryptocurrencies because the data comes from exchanges and on-chain data extracted from the blockchain. These indicators are constantly monitored and commented on by analysts and […]

Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

June 26, 2021

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One of the most common errors traders make when analyzing cryptocurrency markets is taking an exchanges’ bid and ask data and traded volumes at face value. When doing this type of analysis, the trader has to exclude the trading venues mentioned on multiple ‘fake trading volumes’ reports, like the one Bitwise published in March 2019. […]

Tether gets Coinbase’s seal of approval, will list on pro offering

April 23, 2021

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Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. 6776 Total views 38 Total shares The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on its professional trading platform. According to a Thursday announcement, Coinbase Pro has enabled USDT deposits ahead of the trading […]

The perils of suing crypto exchanges after ransomware attacks

April 18, 2021

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In October 2019, unknown hackers infiltrated a Canadian insurance company by installing the malware BitPaymer, which encrypted the firm’s data and IT systems. The hackers demanded a ransom of $1.2 million be paid in Bitcoin (BTC) in return for the decryption software needed for the firm to regain access to its systems. The firm’s United […]

Bitcoin price slides 5% after failing to break $60K — Here’s why

March 21, 2021

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The price of Bitcoin (BTC) dipped below $56,000 on March 21 after repeated rejections by the $60,000 resistance level throughout the past four days. BTC/USD 1-hour candle chart. Source: Tradingview Despite getting closer to cleanly breaching past the key technical level, Bitcoin has been showing weakness in the $59,000 to $60,500 range. There are three […]

Tether to report reserves and pay $18.5M fine after settlement with NYAG

February 23, 2021

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New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents. 5949 Total views 37 Total shares Bitfinex and Tether settled with the New York Attorney General office in the landmark case against Tether. New York authorities alleged that Tether misrepresented the degree to […]

Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe

February 5, 2021

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Bitfinex says early Friday it repaid fully of the loan to Tether. (CoinDesk archives) Feb 5, 2021 at 9:12 p.m. UTCUpdated Feb 5, 2021 at 9:19 p.m. UTC Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe Crypto exchange Bitfinex claimed Friday it repaid the remaining balance of a $550 million […]

Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

January 31, 2021

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The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. 4052 Total views 14 Total shares The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin (BTC), as more retail investors look to “rail against” the financial status quo, […]

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Category: Bitfinex