Tag: bitfinex

  • technical analysis bitcoin
    Technical

    Bitcoin Price Analysis: BTC Bulls Soar, Next Target $4,500

    Bitcoin price is trading above the psychological $4,000 mark. Prices are held within a $800 range with upper limits at $4,500 BitFinex and ETHFinex under maintenance DX Exchange rolls out, support Bitcoin Still, Bitcoin prices are consolidating within an $800 but likely to break above $4,500 triggering conservative...

    Dalmas Ngetich | January 7, 2019 | 2:00 pm
  • Bitfinex
    Crypto

    Bitfinex Expands Stablecoin Listings to Provide ‘Agnostic Platform’

    Stablecoins have been a point of contention in recent months especially for Bitfinex and its Tether auditing fiasco. In order to alleviate some of the concerns the crypto exchange has announced that it will list a further four stablecoins. More Stablecoins in The Crypto Cauldron Bitfinex still holds...

    Martin Young | December 5, 2018 | 11:00 am
  • Bitcoin
    Bitcoin

    DoJ Bitcoin Manipulation Probe Homes in on Tether and Bitfinex

    Tether Burns Half a Billion USDT Coins in an Act of RedemptionAn ongoing criminal probe into potential Bitcoin price manipulation conducted by the U.S. Department of Justice has begun to take a closer look at how Tether and crypto exchange Bitfinex may have played a role in Bitcoin’s...

    Tony Spilotro | November 20, 2018 | 8:00 pm
  • Bitcoin

    Withdrawing Crypto to Fiat From Bitfinex Now Costs Close to PayPal

    Converting crypto to fiat is not cheap anymore, at least on Bitfinex. The Hong Kong-based digital assets exchange on Sunday updated its fee structure for high-frequency wire withdrawals. It effectively imposed a 3 percent commission cut on all external wire withdrawal requests that would exceed 1) more than two...

    Davit Babayan | November 12, 2018 | 2:50 pm
  • Tether
    Technology

    Tether Opens Bank Account with Caribbean Deltec Bank

    Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The move follows a long process of due diligence review of the company, including the ability to maintain the USD peg at any moment in time, the announcement says. Deltec...

    Ricardo Esteves | November 2, 2018 | 7:00 pm
  • Tether
    Industry

    Tether Burns Half a Billion USDT Coins in an Act of Redemption

    In their recent blog post, Tether, the parent company of a USDT stablecoin, announced a token burn that will permanently eliminate 500 million units. Yesterday, the company announced that the burning process had been completed. Tether has just destroyed 500M USDt from the Tether treasury wallet with the...

    Ali Raza | October 25, 2018 | 4:30 pm
  • Technology

    Long-Time Critic Explains Why Bitfinex is Unable to Work With Banks

    Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has stated in an interview with Modern Consensus that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services. For years, from the shutdown of...

    Joseph Young | October 18, 2018 | 3:00 pm
  • Tether
    Bitcoin

    Bitcoin Trades at $300 Premium on Bitfinex as Tether Faces Panic

    As Tether faces credibility issues in the cryptocurrency market, holders are taking a 5 percent haircut as they exchange the stable coin for other cryptocurrencies, including Bitcoin, on the Bitfinex exchange. The increased fear that each token issued may not be backed by one U.S. Dollar has resulted in...

    Ricardo Esteves | October 18, 2018 | 5:00 am
  • trade volumes, finbitex
    Bitcoin

    Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

    After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded billions of dollars...

    Nick Chong | October 16, 2018 | 10:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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