Price Analysis
A revisit to the $100,000 level seems likely now that BTC price slipped below two key support levels.
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Bitfinex News
The Bitfinex exchange is a popular platform for exchanging cryptocurrencies, also hosting spot and derivatives trading as well as certain lending, borrowing and staking features. Bitfinex came into existence in 2012. Bitfinex fees for spot trading are 0.10% for maker orders and 0.20% for taker orders. For derivatives trading, maker orders give customers a 0.02% rebate, while taker orders incur a 0.075% fee. Trading fees vary for each customer based on their trading volume and activity. Bitfinex also has its own utility crypto token called Unus Sed Leo (LEO). Because it restricts a number of regions, Bitfinex U.S. customers are not allowed. On Bitfinex, KYC and Anti-Money Laundering procedures are employed.
Back in 2016, there was a Bitfinex hack in which 119,756 Bitcoin (BTC) was stolen. Back then, 119,756 BTC was valued at about $72 million total.
- Price Analysis
Bitcoin sell pressure ramps up as traders anticipate today’s FOMC results. Could BTC price fall to $100,000?
8779 - Market Analysis
Bitcoin margin longs dropped, but options and ETF flows point to strong bullish sentiment from professional investors.
6112 - Price Analysis
Bitcoin’s bounce off the lower levels increases the possibility of a rally to $100,000.
13804 - News
Twenty One Capital has grand plans to dethrone Michael Saylor’s Strategy as the leading Bitcoin treasury firm, receiving investment support from industry heavyweights.
7352 - Market Analysis
Bitfinex margin traders show high-risk tolerance, and a decrease in their longs doesn’t necessarily mean BTC’s price will immediately pull back.
7444 - Market Analysis
Leverage long Bitcoin positions at Bitfinex hit a 6-month high, but data shows the bullish sentiment is mostly shared among risk-loving traders.
5083 - Price Analysis
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
10123 - News
The US Strategic Bitcoin Reserve will initially be funded by Bitcoin forfeited to the Treasury, which controls an estimated 198,109 Bitcoin forfeited or seized in criminal cases.
10775 - Price Analysis
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
5301 - News
The trader bought 70,000 Bitcoin during the FTX collapse when the price varied between $40,000 and $16,000.
8339 - News
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.
28975 - Market Analysis
Analysts speculate that the Bitcoin bull run is ready to resume after Bitfinex longs soar to $5.1 billion. Are they mistaken?
6489 - News
Judge Kollar-Kotelly asked the US government to explain its position on forfeiture to the Bitfinex exchange by Feb. 4.
7999 - News
Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement.
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