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Bitfinex News

The Bitfinex exchange is a popular platform for exchanging cryptocurrencies, also hosting spot and derivatives trading as well as certain lending, borrowing and staking features. Bitfinex came into existence in 2012. Bitfinex fees for spot trading are 0.10% for maker orders and 0.20% for taker orders. For derivatives trading, maker orders give customers a 0.02% rebate, while taker orders incur a 0.075% fee. Trading fees vary for each customer based on their trading volume and activity. Bitfinex also has its own utility crypto token called Unus Sed Leo (LEO). Because it restricts a number of regions, Bitfinex U.S. customers are not allowed. On Bitfinex, KYC and Anti-Money Laundering procedures are employed.

Back in 2016, there was a Bitfinex hack in which 119,756 Bitcoin (BTC) was stolen. Back then, 119,756 BTC was valued at about $72 million total.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Market Analysis

The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.

Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes

2021-07-17T15:46:39+01:00

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Short selling pressure returns to the market with a trader eyeing a retest of $31,000 as a result of support weakness.

Bitcoin price dips below crucial $33K support as Bitfinex shorts jump by over 5,000 BTC

2021-07-08T08:52:07+01:00

15539

Market Analysis

$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.

Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K

2021-06-28T20:10:40+01:00

9580

Market Analysis

A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play.

Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

2021-06-26T22:39:06+01:00

14834

Market Analysis

Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?

Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

2021-06-22T20:00:13+01:00

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Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors.

Crypto exchange giants mulling India foray despite regulatory uncertainty

Osato Avan-Nomayo

2021-06-09T13:03:51+01:00

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Market Analysis

The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash.

Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%

2021-06-07T13:00:00+01:00

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Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues.

Tether gets Coinbase’s seal of approval, will list on pro offering

2021-04-23T12:16:54+01:00

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