Cryptocurrency Analysis and News Portal
Along with holding Bitcoins on its balance sheet, Bitfinex also supports Bitcoin Layer 2 networks, such as the Lightning Network and the Liquid Network. Similar to some of the big corporates, crypto exchange Bitfinex announced that it’s holding Bitcoins on its balance sheet. Bitfinex has a longstanding practice of retaining
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Bitcoin (BTC) has been no stranger to dramatic price swings in the volatile cryptocurrency world. As September approaches, market analysts closely monitor
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The largest cryptocurrency ticked down for a couple of hours after a report that the Bank of Japan was mulling a change to its yield curve control policy before regaining ground. Source
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1INCH fell by 10% to 36 cents on Tuesday, registering its biggest single-day (UTC) decline since June 10, data from charting platform TradingView show. The cryptocurrency changed hands at 35 cents at press time, down 18% for the week. The decline has reversed most of the token's surge from 30
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BlockFi “failed to complete basic due diligence” on Bankman-Fried’s empire, offering “special treatment for FTT and Alameda… that cast risk management principles entirely to the wind,” added the report, based on a review of 30,000 internal documents, and interviews and depositions with key individuals including founder and chief executive Zac
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The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still
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The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million. A drastic decline in the exchange supply of ETH like this has not been seen since April 2018.According to Glassnode data,
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"This trend is anticipated to persist, particularly considering that deflationary forces are expected to propel the price of Ether significantly," analysts at Binfinex previously shared with CoinDesk. "Prior to this upgrade, potential stakeholders may have been deterred from staking their ether tokens due to concerns about their funds being locked
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The country recorded the lowest cryptocurrency trading volumes in over 12 months last week. Some analysts have linked this situation to the pullback in trading from Jump and Jane Street. The United States crypto influence looks to be slipping away with each passing day. The US has been a powerhouse
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Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.Binance takes
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