Tag Archives: Bitfinex

Binance’s Bitcoin (BTC) Trading Share Falters In Crypto Bear Market

Binance’s Bitcoin (BTC) Trading Dominance Dives Another week, another crypto-centric analytics report from Diar, a leading research unit in the nascent cryptocurrency ecosystem. In the startup’s most recent installment, released on Monday, Diar drew attention to the ever-changing role that Bitcoin (BTC) and that exchanges that support it have played in the cryptocurrency market at large. Interestingly, per data compiled… Read More »

Bitfinex, Ethfinex Add Four More USD-Backed Stablecoins

Cryptocurrency exchange Bitfinex and its spin-off Ethfinex have added support for four new major USD-backed stablecoins, according to an blog post published Dec. 4. Per the announcement, both exchanges have introduced stablecoins USDC, True USD (TUSD), Paxos (PAX) and the Gemini dollar (GUSD) in a bid to keep the platforms “agnostic.” The four new stablecoins join the already… Read More »

Bitfinex and Ethfinex to List 4 New Stablecoins: TUSD, USDC, PAX and GUSD

A few hours ago, and via twitter and Medium, Bitfinex announced that it was adding four additional stablecoins. The newly added stablecoins would also be listed on Ethfinex: the Ethereum token centered version of Bitfinex. The four newly listed stablecoins are as follows. USD Coin (USDC) True USD (TUSD) Paxos Standard (PAX) Gemini USD (GUSD) The new additions… Read More »

Bitfinex Expands Stablecoin Listings to Provide ‘Agnostic Platform’

Stablecoins have been a point of contention in recent months especially for Bitfinex and its Tether auditing fiasco. In order to alleviate some of the concerns the crypto exchange has announced that it will list a further four stablecoins. More Stablecoins in The Crypto Cauldron Bitfinex still holds the reigns on Tether and that maybe what is holding… Read More »

Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors

Advertisement Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex now have a total of six stablecoin options for trading on either platform. Bitfinex Opens Platform to Tether Competitors As Bitfinex writes, for years the only major option in stablecoins was Tether (USDT), and for quite a while Bitfinex was the only way to cash in… Read More »

Op-Ed: Is Tether Trying to Price Itself out of the Stablecoin Wars?

Advertisement Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to redeem USDT for USD) and in turn, Tether, with nearly $2 billion it outstanding units, had to re-establish direct redemption for USDT holders to USD. Those still wanting to use the Bitfinex method will have to trade… Read More »

Tether Re-Opens Direct Redemption of Fiat, While Bitfinex Adds Tether-Fiat Trading Pairs

Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27. Tether announced the direct redemption of Tether to fiat along with a major redesign of its platform for the verification of new customers. According to the official… Read More »

Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether Ltd., the controversial issuer of the tether stablecoin (USDT), which aims for parity with the U.S. dollar, announced Tuesday that it would reopen account verification for new customers and enable customers to redeem tether for fiat currency directly through its platform. “Tether is able to return to its original vision of having a wallet for creating and… Read More »

Why Crypto Traders Might Need to Embrace Shorting Bitcoin (BTC) and Other Cryptocurrencies

Sunday the 25th of November will go down in history as the date Bitcoin (BTC) fell to $3,500 and Ethereum (ETH) went sub $100 when it was valued at $98 only hours ago. These major coins are now valued at $3,866 and $111 as we look forward to the final week of November. In the case of XRP,… Read More »

Top 5 Richest Bitcoin Addresses Belong to Exchanges

The richest Bitcoin addresses are owned by cryptocurrency exchanges. Collectively, these addresses hold less than 3.5 percent of all bitcoins. Richest Bitcoin Addresses Hold $3.1 Billion Not surprisingly, the top 5 wealthiest Bitcoin addresses belong to cryptocurrency exchanges. All of them hold a total of 592,943 BTC, which is currently worth around $3,150 billion. This accounts for roughly… Read More »