Bitfinex

Business
Exchange
Security

Exchange Volumes Report: Many BTC Pairs Have True Volume Under 1% Of Reported Volume

December’s Exchange Volumes Report by the Blockchain Transparency Institute (BTI) reveals that from CoinMarketCap’s top 25 Bitcoin (BTC) trading pairs, most have actual volumes of less than 1% of what is being reported by the exchanges. Known as wash trading, exchanges and traders use bots and automated tools to wash trade in order to inflate the […]

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Business
Exchange
Finance
Trading

Bitfinex and Ethfinex List All Major Stablecoins

Bitfinex has announced today that its customers will be able to trade with all six of the major stablecoins. The stablecoins are supported on both Bitfinex and Ethfinex, its ERC20-focused exchange. Apart from Tether (USDT) and Dai (Ethereum-based stablecoin), the following new coins are now supported: USD Coin (USDC) True USD (TUSD) Paxos Standard Token (PAX) […]

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Business
Exchange
Finance
Politics

Bitcoin Arbitrage Opportunities on Bitfinex

With the stability of cryptocurrency Tether under pressure, Bitfinex, a cryptocurrency exchange that shares a CEO with Tether, is offering Bitcoin at a premium. According to newsBTC,  Bitcoin, was recently trading approximately $300 higher on Bitfinex compared to its price on Coinbase.  Traders are pushing up the Bitcoin price by selling Tether and buying Bitcoin […]

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Business
Exchange
Finance

Bitcoin Up on Tether Exodus

Bloomberg has reported that Tether, a USD backed cryptocurrency, touched  85 cents on the crypto exchange Kraken. This volatility breakout in Tether has prompted traders to choose Bitcoin as an alternative and has consequently pushed up the price of Bitcoin.  Tether accounts for approximately 20% of trading transactions at times, however, there are alternatives such […]

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