Bitfinex

Bitfinex

Markets

Bitcoin pulls back to near $71,000 even as software sector soars

The two battered markets have had a nearly one-to-one correlation in recent months, but are moving in opposite directions on Thursday.

A bear

Markets

Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet

Crypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.

Here's what bitcoin analysts are saying as price remains stuck during global rally

Markets

Bitcoin's rising leveraged position points to continued dip buying, but may not yet signal price bottom

Bitfinex margin longs surge to a two-year high as bitcoin falls below $69k.

BTCUSD Longs Bitfinex (TradingView)

Tech

Bitfinex hacker Ilya Lichtenstein credits Trump’s First Step Act for early prison release

The U.S. hacker pleaded guilty to stealing and laundering nearly 120,000 bitcoin from cryptocurrency exchange Bitfinex in 2016.

Ilya Lichtenstein, who pleaded guilty with wife Heather Morgan in the plundering of Bitfinex, is now testifying against the mixer he used. (Alexandria Sheriff's Office)

Markets

Bullish bitcoin plays on Bitfinex swell to highest since early 2024

Margin long positions continue to climb, signaling strong conviction despite bitcoin’s weakness.

Bitfinex Whales (TradingView)

Markets

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.

Bitcoin (BTC) price on December 8 (CoinDesk)

Markets

Bitcoin Longs on Bitfinex Jump 40% in Three Months as Traders Double Down on Dip

Rising margin bitcoin longs show confidence despite bitcoins ongoing correction.

BTCUSD Longs (TradingView)

Markets

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

BTC has erased all year-to-date gains with the Monday decline, while crypto-related stocks like COIN, CRCL, MSTR, GLXY also plunged.

Bitcoin (BTC) price on November 17 (CoinDesk)

Markets

Bitcoin Slides Below $95K in Worst Week Since March; Analyst Sets Downside Target at $84K

BTC has tumbled nearly 9% this week, while ETH, SOL declined even further and XRP outperformed.

Bitcoin price (CoinDesk)

Policy

Heather 'Razzlekhan' Morgan's Release From Prison Wasn't Us, White House Says

Despite her social-media suggestions that President Donald Trump let the rapper out earlier from her Bitfinex hack sentence, an official said that's not the case.

Heather "Razzlekhan" Morgan has dropped another music video before she reports to her 18-month prison sentence in the Bitfinex hack. (Screen shot from "Razzlekhan vs. The United States")