Bitcoin miners have yet to display any major signs of capitulation, with on-chain data consistently indicating a positive outlook, according to analysts at Bitfinex Alpha in a recent research report. Despite ongoing macroeconomic challenges and a 32% decline from Bitcoin's all-time high in 2024, analysts observed that miner reserves have ...
Cantor Fitzgerald is teaming up with major players in the crypto space—Tether, Bitfinex, and SoftBank—to launch a $3 billion Bitcoin investment vehicle. According to the Financial Times, the partnership plans to create a publicly traded entity called 21 Capital, which will receive $3 billion in Bitcoin from the participating firms. ...
Evgeny Shatov, a partner at London-based venture capital firm Capital Lab, predicted that Bitcoin's current bullish run is nearing its conclusion as the market prepares for a shift toward altcoins. In an interview with Russian media outlet Izvestia, Shatov explained that Bitcoin dominance is beginning to wane, signalling the start ...
Bitfinex predicts Bitcoin will reach $200,000 by mid-2025, following a year filled with significant milestones, including the launch of the first-ever spot crypto ETF. A recent report indicates that Bitcoin's halving event in 2024 typically signals a bullish market trend in the following year. The report also emphasizes that ongoing ...
Ilya Lichtenstein, the mastermind behind the largest cryptocurrency hack in history, faces a 5-year prison sentence after U.S. prosecutors urged a Washington district judge to impose the punishment. Lichtenstein, along with his wife, Heather Morgan, admitted to laundering $6 billion worth of Bitcoin stolen during the 2016 hack of Bitfinex, ...
In a groundbreaking move, Bitfinex Securities has announced plans to offer tokenized debt bonds to its customers as part of capital raise to finance the construction of a new Hampton by Hilton hotel complex at El Salvador International Airport. These debt bonds will be the first to be arranged and ...
