Bitcoin risks consolidation as Treasury yields surge and economic outlook dims – Bitfinex

Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according to Bitfinex’s latest Alpha report.

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Bitcoin poised for more upside after breaking $63,000 – Bitfinex

Bitcoin (BTC) could continue to rally as key on-chain metrics suggest that more upside is possible after clearing a critical resistance at $63,000, according to the latest edition of the “Bitfinex Alpha” report.

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Bitcoin could continue to consolidate under $65,200 in the near term – Bitfinex

Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks, according to the latest edition of the “Bitfinex Alpha” report.

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Bitfinex: Bitcoin may restest $48.9k support

Bitfinex analysts opined that Bitcoin might retest support around $48,900 as a potential local bottom after crypto markets dropped under $2 trillion. Bitcoin (BTC), crypto’s bellwether asset, could reach lower levels as worldwide economic uncertainty wiped out over $570 billion…

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Bitfinex Moves Gargantuan Bitcoin (BTC) Chunk, Here's Surprising Destination

Major exchange Bitfinex has seen hundred million USD in Bitcoin withdrawn from it, here's what research report has to say about this

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Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters.

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Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report

Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news.

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Bitfinex’s reserves are 91% Bitcoin, Ethereum

According to data shared by crypto influencer John Brown, 91% of Bitfinex exchange’s reserves are Bitcoin (BTC) and Ethereum (ETH). The post Bitfinex’s reserves are 91% Bitcoin, Ethereum appeared first on CryptoSlate.

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Bitcoin long positions spike 60% on Bitfinex

Long positions on Bitcoin have hit an all-time high on Bitfinex as they spike over 60% in a day.

The post Bitcoin long positions spike 60% on Bitfinex appeared first on CryptoSlate.

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Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading

An unexpected problem causes Bitfinex to temporarily shut down, with Bitcoin price action undoing gains in the process.

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Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K

$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.

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Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play.

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Bitfinex launches Litecoin/Bitcoin and Polkadot/Bitcoin perpetual contracts

CryptoNinjas » Bitfinex launches Litecoin/Bitcoin and Polkadot/Bitcoin perpetual contracts Bitfinex Derivatives, a crypto derivatives platform accessible through crypto exchange company Bitfinex, today launched perpetual contracts for Litecoin/Bitcoin and Polkadot/Bitcoin.

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Bitcoin whale accumulation trend on Bitfinex shows $14k or lower isn’t likely

Whales on Bitfinex have been accumulating after the recent Bitcoin dip. The post Bitcoin whale accumulation trend on Bitfinex shows $14k or lower isn’t likely appeared first on CryptoSlate.

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Bitcoin Worth $97M from 2016 Bitfinex Hack on the Move

The flurry of BTC disbursement from the Bitfinex hack loot occurred following the bitcoin price setting a new all-time high on some exchange platforms. 5045.8 BTC in Stolen Bitfinex Funds Moved as Bitcoin Spikes According to transactions tracked by on-chain monitoring bot “Whale Alert,” entities in control of the wallets containing funds from the 2016 … Continued The post Bitcoin Worth $97M from 2016 Bitfinex Hack on the Move appeared first on BeInCrypto.

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Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet

Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4. 1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11.

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‘Big Buys’ on Bitfinex Exchange has Bitcoin Trading at a Premium

The world’s leading cryptocurrency shot past $10,000 yesterday in a strong move only to fall to $9,150 on Bitfinex and $8,600 on BitMEX in a sudden drop. Bitcoin has officially failed at yet another attempt to take over $10,000.

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Hackers Wire Nearly $800,000 in Bitcoin Stolen from Bitfinex in 2016

Cyber criminals keep moving Bitcoin they stole from hacking the major crypto exchange Bitfinex four years ago. Slightly under $1 mln was wired this time

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Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance

Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract.

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Blockchain Bites: ‘Immunity Passports,’ a Darknet Pharmacist and How Bitcoin Miners Prepare for the Halving

Cryptography can solve privacy concerns stirred up by COVID-19; Bitfinex moves more than one billion dollars worth of bitcoin for less than a dollar.

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Bitcoin, Ethereum, and XRP margin trading get max leverage on Bitfinex

Bitfinex, one of the world's largest cryptocurrency exchanges, has announced that it has increased its maximum leverage in margin trading for popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETHThe post Bitcoin, Ethereum, and XRP margin trading get max leverage on Bitfinex appeared first on AMBCrypto.

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Bitfinex Longs Dominate Shorts, But Is This Bullish or Bearish For Bitcoin?

The cryptocurrency exchange known as Bitfinex is often the playground chosen for many whale traders, who take up large positions in Bitcoin and other cryptocurrencies using leverage to amplify their returns.

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What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex?

The number of long orders on the Bitfinex exchange has been making all-time highs for the past five days. This is unusual since the Bitcoin price has decreased by around 10% over these days. The possibility of this occurrence preceding a long squeeze has likely been invalidated, since the rapid price decrease of December 17 […] The post What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex? appeared first on BeInCrypto.

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Bitfinex Sparks Controversy Allegedly Manipulating $20,000 Bitcoin Price High

Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale.

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Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain

Bitfinex moved $1.5 million worth of the Tether stablecoin from the Omni protocol to the Liquid Bitcoin sidechain

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Analyst: Bitfinex Court Hearing Could Contribute to Massive Bitcoin Volatility

The crypto markets have been closely following the situation that has been unfolding around the popular and controversial Bitfinex cryptocurrency exchange, which also owns the controversial stable coin Tether, which is accused by the NYAG of allowing US-based users to flout the Bitcoin (BTC) and crypto leveraged trading restrictions.

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Bitcoin Sidechain Coin Launches on Bitfinex

Blockstream has announced Liquid Bitcoin (LBTC) is now available for deposits and withdrawals on Bitfinex as well as for conversion to BTC at a 1:1 peg. “Issuing bitcoin, stablecoins, and...

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Bitcoin (BTC) Steady as IEO is on the Cards for BitFinex

Bitcoin (BTC) consolidate among bears BitFinex considering an IEO to raise $1 billion It may take weeks, but whales are already lining up $300 million in USDT to shore BitFinex, and maintain community’s trust.

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Bitfinex Debacle Aside, Bitcoin (BTC) May Shoot To $6,000 Due To Historical Trend

Analysts Keep Their Bullish Tone On Bitcoin A number of analysts have become disconcerted as a result of the news that Bitfinex and Tether could be on thin ice, but some have aimed to stay... The post Bitfinex Debacle Aside, Bitcoin (BTC) May Shoot To $6,000 Due To Historical Trend appeared first on Ethereum World News.

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Cardano (ADA) – Time to buy the dip as market comfortably absorbs Bitfinex news

The crypto market has dumped in the last couple of hours, with Bitcoin (BTC) dipping to as low as $5057 on some exchanges. This followed a Wall Street Journal article that Bitfinex used tether reserves to mask an $850 million hole.

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Bitcoin Price Analysis: BTC bulls Raved, BitFinex Server Migration in Progress

Latest Bitcoin News By dropping 8,540.4082 BTC, the number of Bitcoin open short positions at BitFinex is down 26 percent at the time of press in the last two days. This decline hint of capital flight and as a major player in the space, a downtime that would see the exchange move their servers from […] The post Bitcoin Price Analysis: BTC bulls Raved, BitFinex Server Migration in Progress appeared first on Ethereum World News.

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US DoJ Launches Criminal Probe Into Bitfinex, Tether (USDT) After Massive Bitcoin (BTC) Crash

The US Department of Justice is currently investigating the use of Tether on Bitfinex to manipulate the price of Bitcoin.

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Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.

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“Too much FUD”: Bitcoin Pumps, Tether Dumps on Fake News & Bitfinex Temporary Withdrawal Pause

In a volatile market like cryptocurrencies, one piece of bad news can be all it takes to wipe off millions from coin valuations. As the bears refuse to leave the market, there is a chance that fear and uncertainty will creep in amongst traders.

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Monday Bitcoin News Summary: Chief Strategist Leaves Bitfinex, Cryptos go to Capitol Hill

person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money.

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New Research Claims Bitcoin Price was Manipulated using Tether (USDT)

New research out of the University of Texas alleges that the price of Bitcoin throughout its bull run in 2017 was being manipulated using Bitfinex’s Tether currency. Tether May Have Been Used to Prop Up Bitcoin A recently published paper by Professor John Griffin and graduate student Amin Shams examined the traffic of cryptocurrencies on.

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Researchers Say Bitcoin’s Price Was Artificially Inflated Last Year

“There were obviously tremendous price increases last year, and this paper indicates that manipulation played a large part in those price increases,” Mr. Griffin said. Bitfinex executives have denied in the past that the exchange was involved in any manipulation.

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Researchers found Tether and Bitfinex manipulated Bitcoin prices

To do that, the person or people used a secondary virtual currency, known as Tether, which was created and sold by the owners of Bitfinex, to buy up those other cryptocurrencies. Bitfinex executives have denied in the past that the exchange was involved in any manipulation. The authors of the new 66-page paper do not

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Bitcoin Price Manipulation Seems Tethered To Bitfinex Says Study

It’s virtually an open secret that Bitcoin price manipulation was rampant last year, and now we’re a lot closer to proof. An academic paper published on Wednesday, concluded that “at least half” of Bitcoin’s meteoric rise last year was a result of Tether purchases on Bitfinex.

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Bitcoin Target %6K Bottom After 4- Month Low

As a result, the price fell to $6,370 on Bitfinex today, the lowest level since Feb. 6. At press time, bitcoin was slightly higher at $6,453. The drop to the four-month low has bolstered the already bearish technical setup and raised the odds of a sell-off to $6,000 (February low). Weekly chart The downside break

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Research: Tether, Bitfinex ‘Manipulation’ Reason Behind 2017 Bitcoin Price Highs

Extant suspicions Tether “manipulated” Bitcoin prices have been joined by new research, The New York Times reports

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