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How are Bitcoin Miners Holding Up Since the Halving? - Bitfinex blog
Since the Bitcoin halving in April 2024, which cut mining rewards in half, miners have faced significant profitability challenges, prompting many to adopt new strategies to stay afloat. With rising energy costs and reduced block rewards, miners are focusing on operational efficiency and upgrading hardware....
What is Polygon Ecosystem Token (POL)? - Bitfinex blog
The Polygon ecosystem is on the cusp of a significant transformation with a proposal to transition its native token from MATIC to POL. This proposed change aims to enhance the utility and functionality within the network. POL, poised to become the upgraded native token of...
Bitfinex Alpha | What will happen to BTC when rates fall? - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe This month’s US interest rate decisions are poised to significantly influence both Bitcoin’s short-term volatility and long-term trajectory. Since early August, Bitcoin has gained over 32 percent, driven by traders anticipating dovish...
Bitfinex to List POL, Native Token of Polygon - Bitfinex blog
ROAD TOWN, Tortola, British Virgin Islands – 2 September, 2024 – Bitfinex (https://www.bitfinex.com), a premier digital asset trading platform, announced today that it will be among the first exchanges to list POL, the native token of Polygon, a layer-2 scaling solution built on Ethereum. Originally...
Are NFTs Collectibles or Securities? - Bitfinex blog
The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to OpenSea, the leading NFT marketplace, signalling a potential lawsuit based on the classification of certain NFTs as securities. This regulatory move represents a new phase in the SEC’s scrutiny of the NFT...
Change Log: Version 1.102 - Bitfinex blog
The Bitfinex Change Log is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, please refer to blog.bitfinex.com/category/changelogs. Version 1.102 Improvements Updated the TradingView chart calendar current day styling Updated the orders’ multi-update...
Bitfinex Alpha | Risk Appetite Returns to BTC - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe BTC surged to $65,000 on August 23rd, alongside a broader rally in risk assets following comments from US Federal Reserve Chair Jerome Powell at Jackson Hole, which hinted at potential rate cuts....
Switzerland Leads the Push for Open Source Software and Digital Sovereignty - Bitfinex blog
European nations like Switzerland, Germany, and France, are increasingly adopting Free and Open Source Software (FOSS) to enhance digital sovereignty, security, and innovation. Switzerland’s legislation just mandated government-developed software to be open source, while Germany and France have made similar moves to reduce reliance on...
Bitfinex Alpha | Why is ETH Underperforming? - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe Ethereum ETFs continue to struggle compared to Bitcoin ETFs, with significant outflows contributing to Ether’s underperformance relative to Bitcoin. Despite some positive inflows into newer Ethereum ETFs like BlackRock’s iShares Ethereum Trust,...
How Does Mi Primer Bitcoin Plan on Expanding its Bitcoin Educational Efforts? - Bitfinex blog
Mi Primer Bitcoin is a nonprofit organisation, dedicated to providing Bitcoin education. It was originally founded in El Salvador, but has now expanded globally through a decentralised “Light Node” network in over 20 countries. This network empowers local educators to use Mi Primer Bitcoin’s open-source...
Bitfinex Agrees Memorandum of Understanding to Explore Integration with Komainu Connect for New Remote Custody Solution - Bitfinex blog
ROAD TOWN, Tortola, British Virgin Islands – August 15, 2024 – Bitfinex, a state-of-the-art digital asset trading platform, has announced a collaboration to explore a strategic integration with Komainu Connect, a regulated digital asset custodian. The integration is expected to allow institutions and sophisticated investors...
Welcome to the Bitfinex Brand Hub: Access the Latest Logos - Bitfinex blog
We welcome the use of the Bitfinex logo when referencing Bitfinex news, announcements or our exchange. Whether you’re creating content or incorporating our branding into your materials, having the right logo is key to maintaining a consistent and professional appearance. To make this easier, we’ve...
Mobile App Change Log 7.0.0 - Bitfinex blog
Recent updates and optimisations to the Bitfinex mobile app We’re pleased to present Version 7.0.0 of the Bitfinex mobile app. The latest update to the Bitfinex mobile app includes new widget features. iOS Android You can also download the latest version of the Bitfinex mobile...
Bitfinex Alpha | Bitcoin Experiences This Cycle’s Largest Pullback Before Recovery - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe Last week, Bitcoin saw a strong recovery, surging almost 28 percent from its recent low near $49,000, which marked the lowest price since February. This rebound brought BTC back above the crucial...
Wavlake - Nền tảng streaming nhạc và podcast kiểu mới, fan "donate" Bitcoin cho idol - Bitfinex blog
Wavlake là một nền tảng streaming nhạc và podcast đầy sáng tạo, sử dụng Mạng Lightning của Bitcoin để cho phép fan gửi tiền trực tiếp, tức thì đến nghệ sĩ yêu thích của họ. Thay vì phải thông qua các công ty trung gian...
What is Wavlake? - Bitfinex blog
Wavlake is an innovative music and podcast streaming platform that uses the Bitcoin Lightning Network to enable direct, instant payments from fans to artists. By adopting a Value 4 Value model, Wavlake allows listeners to send micropayments in Bitcoin, known as “Boosts,” or “streaming Satoshis”...
How has the Market Responded to the Ethereum ETF Launch? - Bitfinex blog
The launch of Ethereum ETFs represents an important step forward in the integration of digital assets into traditional finance, allowing investors to directly access exposure to ether through familiar investment vehicles. This event has drawn substantial interest from prominent financial institutions like BlackRock and Fidelity,...
Bitfinex Alpha | Bitcoin Faces the Heat of Economic Meltdown - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe Bitcoin (BTC) experienced a significant price decline, dropping 11 percent over the past week and hitting a low of $49,130. This marks the lowest price since February 14th. The downward momentum accelerated...
What is Turbo (TURBO)? - Bitfinex blog
Turbo AI memecoin, known as Turbo Token, is a unique project born from a creative experiment in the cryptocurrency space. Unlike traditional crypto ventures, Turbo Token was conceptualised and guided by the AI language model GPT-4, starting with a modest budget of just $69. This...
Change Log: Version 1.101 - Bitfinex blog
The Bitfinex Change Log is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, please refer to blog.bitfinex.com/category/changelogs. Version 1.101 Improvements Updated the product banners carousel indicator and the “close” button behaviour Updated...
Bitfinex Bytes: Bringing You the Best Bitfinex Content - Bitfinex blog
This month we asked: Where Do US Presidential Candidates Stand on Crypto Policy? What is the El Tor High Capacity Tor Network? If Elected, Will Trump Introduce a Bitcoin Strategic Reserve? How Likely Is a Solana ETF? If you’d like to receive more content like...
Bitfinex to List TURBO - Bitfinex blog
ROAD TOWN, British Virgin Islands – 30 July, 2024 – Bitfinex (https://www.bitfinex.com/), a premier digital asset trading platform, announced today that it will list Turbo (TURBO), an Ethereum-based memecoin that was created with ChatGPT. Launched in 2023 by digital artist Rhett Mankind, TURBO was initially...
Bitfinex Alpha | BTC Consolidation Likely After Bull Run - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe Bitcoin has been on a tear, hitting $70,000 on Bitfinex today (29 July), despite a brief pullback mid-week and after facing some tough resistance. BTC has now bounced back more than 30...
If Elected, Will Trump Introduce a Bitcoin Strategic Reserve? - Bitfinex blog
The adoption of Bitcoin as a strategic reserve asset by the US could have profound implications for global crypto regulation, policy, and perception. It would likely drive other nations to create more supportive regulatory frameworks, recognising the economic and geopolitical advantages of embracing digital assets....
Mobile App Change Log 6.22.0 - Bitfinex blog
Recent updates and optimisations to the Bitfinex mobile app We’re pleased to present Version 6.22.0 of the Bitfinex mobile app. The latest update to the Bitfinex mobile app includes general improvements. iOS Android You can also download the latest version of the Bitfinex mobile app...
What is the El Tor High Capacity Tor Network? - Bitfinex blog
El Tor aims to enhance the Tor network with high-bandwidth capabilities, powered by the Bitcoin Lightning Network, providing greater decentralisation and security. Users can host Tor relays and earn Satoshis, with Bolt12 offers managing payments. Inspired by the need for a private internet and efficient...
Tokenisation is no threat to TradFi – it’s the future - Bitfinex blog
It’s no secret that some segments of the traditional financial world remain sceptical about tokenisation. Despite the fact we’re starting to see real-world examples of successful tokenised issuances, there are still some vocal naysayers. This was recently epitomised by an opinion piece published by the...
Bitfinex Alpha | Bullish Signals Are Underpinning BTC - Bitfinex blog
Subscribe to Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? Subscribe In an extremely positive week for crypto assets, BTC hit a 39-day high of $68,560, rebounding over 29 percent from the local low on July 5th. The recent movement has been marked...
What is UXLINK (UXLINK)? - Bitfinex blog
The UXLINK project is an initiative designed to advance social interaction in the Web3 space by leveraging Web3. At its core, UXLINK aims to merge real-world social connections with the decentralised ethos of blockchain, creating a platform where users can interact, trade, and form communities...