Cryptocurrency Analysis and News Portal
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.Investors who keep a close eye on
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Turkey is experiencing a resurgence in cryptocurrency interest as major crypto exchanges set foot in the transcontinental country. From demographics to offline marketing to currency depreciation, there is plenty of motivation for the 84 million Turkish people to sign up to the new exchanges.Bitfinex, among the world’s largest cryptocurrency exchanges,
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The platform underwent maintenance after trading was halted. Source
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Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence. The two companies have donated 25 BTC to start the initiative, and expect many more will join. The President of
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Summary: Bitfinex and Tether have set up a relief fund to help families in El Salvador affected by gang violence Both Bitfinex and Tether initially donated 25 Bitcoin to the fund Donations have grown to 36 Bitcoin, valued at roughly $1.5 million El Salvador’s President has been committed to the fight against gangs and
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Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower. Related Reading | Where Ethereum and Bitcoin Headed After
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The spread between the six-month ether and bitcoin implied volatilities fell to a two-year low of 13%, perhaps indicating that the cryptocurrencies' fortunes are more strongly tied to each other than before. Implied volatility refers to investors' expectations for price turbulence over a specific period. Original Source
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Amid global businesses boycotting the Russian residents over military conflict in Ukraine, some companies in the cryptocurrency industry stand up for the rights of non-sanctioned Russian citizens.Bitfinex, an affiliate firm of the world’s largest stablecoin provider, Tether (USDT), will not unilaterally freeze the accounts of ordinary Russian customers as part
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In brief: Heather Morgan is reportedly negotiating a plea deal with authorities to avoid jail time Morgan was arrested alongside her husband for attempting to launder cryptocurrency stolen during the 2016 Bitfinex Hack Ms. Morgan is a rapper and entrepreneur who is currently out of jail on a $3 million bond bail The lawyers
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As public understanding of how digital assets work becomes more nuanced along with the mainstreaming of crypto, the language of Bitcoin’s (BTC) “anonymity” gradually becomes a thing of the past. High-profile law enforcement operations such as the one that recently led to the U.S. government seizing some $3.6 billion worth
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