Category: Bitfinex
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Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?
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This article is also available in Spanish. After the dull performance in recent weeks, it seems that Bitcoin is witnessing a fixed recovery as its price is now approaching the price of $ 100,000. In particular, so far, BTC has managed to restore some falling losses in recent weeks as…
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Major Victory For Bitfinex: DOJ Declares $9 Billion In Stolen Bitcoin Should Be Returned
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About $9 billion in bitcoin, taken from cryptocurrency exchange Bitfinex in a 2016 hacking incident, must be returned to the exchange, the US Department of Justice (DOJ) said. This claim arises from a legal document provided by the Department of Justice, which indicated that there are no identifiable victims in…
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El Salvador Pushes Crypto Forward, Grants Bitfinex Derivatives License
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Bitfinex Derivatives has taken a big step forward by acquiring a Digital Asset Service Provider (DASP). Licensing in El Salvador. With this move, the platform can now offer more derivatives trading services in Latin America. Through this license, Bitfinex plans to leverage El Salvador’s support for cryptocurrencies to set up…
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How Bitfinex Whales Signal Price Moves
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The movements of Bitfinex whales were reliable indicators of Bitcoin price movements themselves, as this analyst explained. Bitfinex whales have shown intelligent financial behavior in recent years In new mail On X, analyst James van Straaten discussed the trend in long Bitcoin positions on cryptocurrency exchange Bitfinex. Here is the…
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US Prosecutors Crack Down On Bitfinex Hack Mastermind
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The man behind Notorious Cryptocurrency exchange Bitfinex hacked A person who stole billions of dollars worth of cryptocurrencies could spend the next five years in a state prison once he is sentenced in November. Because of his role in the robbery, state attorneys urged the federal court in Washington to…
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Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex
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Bitcoin (BTC), the world’s largest cryptocurrency, has surged more than 22% over the past two weeks to trade at around $63,200, after a sharp drop to $52,000 on September 6. That’s the highest level Bitcoin has reached in nearly two months. Critical resistance looms at $65,200 According to a recent…
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Bitfinex expects news-driven Bitcoin gains, but warns of potential selling pressure
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The start of the week saw Bitcoin rise above $63,000, but analysts at Bitfinex warn that the market could face a correction as the week progresses. Bitcoin has gained 5% in the past 24 hours and 13% over the past week. The gains came amid a combination of factors including…
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Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
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Although Bitcoin (BTC) has fallen to its lowest level since February 26 and hovered around the $57,000 range over the past few days amid high volatility, Bitfinex analysts have seen on-chain signs that the leading crypto asset may not record any further declines. According to this week’s release of Bitfinex…
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Bitcoin rally hinges on rate cut, Bitfinex exec says
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Macroeconomic uncertainty in the US has pushed Bitcoin to a two-month low, but slowing inflation suggests monetary policy could soon boost risk appetite. Bitcoin (BTC) price fell below $57,000 after the US Federal Reserve minutes confirmed that interest rates will remain at their current levels until economic data justifies more…
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Bitfinex Among Major Firms Affected by Evolve Bank Data Theft
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Cryptocurrency-friendly financial institution Evolve Bank and Trust has been implicated in a massive data breach. The bank has admitted to being aware of the incident, which involved the theft of 33 terabytes of user data. While Evolve Bank insisted that customer funds appeared to be intact, it acknowledged that hackers…
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Bitfinex Among Major Firms Affected by Evolve Bank Data Theft
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Cryptocurrency-friendly financial institution Evolve Bank and Trust has been implicated in a massive data breach. The bank has admitted to being aware of the incident, which involved the theft of 33 terabytes of user data. While Evolve Bank insisted that customer funds appeared to be intact, it acknowledged that hackers…
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Renewed Investor Interest Pushed Bitcoin (BTC) to its Highest Daily Close in 5 Weeks: Bitfinex
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Flows into the US Bitcoin exchange-traded fund (ETF) market have reversed after a period of outflows and minimal inflows. According to Bitfinex Alpha a reportThe new trend of heavy net flows into spot Bitcoin ETFs indicates renewed interest in the products and investors’ faith in the potential of the digital…
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Bitfinex CTO Dispels FUD, Refutes Data Breach By Ransomware Group
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In an interesting turn of events, Paolo Ardoino, Bitfinex’s chief technology officer, denied rumors about the exchange being involved in a large-scale data breach. This came in response to allegations of a major security breach by hacking group FSOCIETY just over a week ago. On April 26, FSOCIETY claimed on…
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Tether CEO responds to alleged Bitfinex database attack from ‘F Society’
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A ransomware group claims to have targeted Bitfinex, but senior officials at the cryptocurrency exchange deny a cyberattack took place. The notorious group known as the F Society is raising concerns across the cryptocurrency community after claiming to have successfully hacked Bitfinex and gained access to a staggering 2.5 terabytes…
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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex
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Bitcoin is struggling to rise above the $60,000 level after a devastating downtrend this week. Bitfinex analysts shared their latest insights on BTC for May, predicting that the world’s leading cryptocurrency will continue to act as a benchmark for price movement in the market, indicating the market capitalization of the…