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Nalezeno "BitFinex": 1033

Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom


Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices...

Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound


Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...

47 Companies Apply to Operate in Turkey Under New Crypto Regulations


Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with...

Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit


Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister...

First Digital Debt Offering Fails to Get Traction in El Salvador


The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The issuance, intermediated by Bitfinex Securities to build a Hilton hotel at El Salvador International Airport, raised $342,000 from interested investors, less than...

Bitcoin nears $70k as Bitfinex sees end to sell-off


Bitcoin, for the first time in its history, rose above $70,000, and experts believe that this may signal the end of a prolonged phase of the BTC rate’s stagnation. This top digital currency hit this level for the first time in a week and then pulled back to around $69,200, rising just 2% over...

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