Bitfinex
Bitfinex Hacker Ilya Lichtenstein Should Serve 5 Years in Prison, DOJ Says
Lichtenstein pleaded guilty to stealing nearly 120,000 bitcoins from Bitfinex in 2016, and then conspiring with his wife, Heather “Razzlelkhan” Morgan, to launder a portion of the funds.

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex
A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
Bitfinex suggested bitcoin could fall to as low as $40,000 in a bearish scenario.

Increasing Accumulation Addresses Show Bullish Sentiment in Bitcoin: CryptoQuant
A new report from crypto exchange Bitfinex says that the slump in bitcoin (BTC) since March was likely driven by long-term holders selling but the trend has stalled. Blockchain data tracked by CryptoQuant shows that investors are starting to accumulate BTC again, which indicates increasing bullish sentiment. CoinDesk's Helene Braun presents "The Chart of the Day."

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

Key Bitcoin Indicator Signals Period of Stability in Crypto Market
Bitcoin’s volatility risk premium (VRP) has collapsed from 15% to 2.5% since the halving on April 20, according to data tracked by Bitfinex’s analysts. The drop in the indicator suggests a relatively low volatility market environment ahead. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound
The latest price moves in crypto markets in context for May 6, 2024.

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
