Bitfinex Platform Upgrade Update
Bitfinex Platform Upgrade Update
🔄 Upgrade Nearing Completion...
Bitfinex has provided updates on their scheduled platform upgrade. The upgrade commenced at 9:30 AM UTC on May 5th, 2024, and the platform was taken offline for approximately 2-3 hours. At 11:55 AM UTC, the platform will return in view-only mode, allowing users to cancel orders before trading resumes at 12:00 PM UTC. Prior to the upgrade, Bitfinex had announced the temporary downtime and provided a link to a detailed announcement. The company had also previously investigated and addressed issues with reduced platform performance, temporarily halting trading before resuming operations.
Our upgrade is nearing a successful completion and the Bitfinex platform will be returning in view-only mode with the option to cancel orders at 11:55 AM UTC, before trading opens at 12:00 PM UTC. Thank you for your patience.
Our scheduled upgrade has begun and Bitfinex is offline. Please monitor our X account and bitfinex.statuspage.io for updates. Thank you for your patience!
Our scheduled upgrade has begun and Bitfinex is offline. Please monitor our X account and bitfinex.statuspage.io for updates. Thank you for your patience!
Our scheduled upgrade is set to commence 30 mins from now (9:30 AM UTC). The Bitfinex platform, along with all features, will be down for approximately 2 to 3 hours. For more information on what to expect, please refer to the full announcement: blog.bitfinex.com/announcements/…
We are investigating issues with platform reduced performances and have temporarily halted trading. We will keep everyone updated on here and our Status Page bitfinex.statuspage.io as we know more.
🔧Scheduled Maintenance: the Bitfinex Trading Platform will be temporarily offline for 2-3 hours on May 5, 2024, starting around 9:30 AM UTC. More details here 👇 blog.bitfinex.com/announcements/…
Our maintenance is nearing a successful completion and the Bitfinex platform will be returning in view-only mode with the option to cancel orders at 12:45 PM UTC, before trading opens at 12:50 PM UTC. Thank you for your patience.
We are investigating issues with platform reduced performances and have temporarily halted trading. We will keep everyone updated on here and our Status Page bitfinex.statuspage.io as we know more.
Our scheduled upgrade is set to commence 30 mins from now (9:30 AM UTC). The Bitfinex platform, along with all features, will be down for approximately 2 to 3 hours. For more information on what to expect, please refer to the full announcement: blog.bitfinex.com/announcements/…
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Ethereum's Price Struggles Amid Project Slowdown and High Fees
Ethereum's performance remains subdued due to several key factors: - High gas fees deterring new projects and builders - $1,800 identified as crucial support level to monitor - ETH ETFs showing mixed results: * Some inflows to newer products like BlackRock * Significant outflows from established funds like Grayscale The ETH/BTC ratio has reached its lowest point in over 1,200 days, with aggressive selling by major market makers like Jump Trading contributing to a 40% price decline. [Read full analysis on Cointelegraph](https://cointelegraph.com/news/ether-1-8k-correction-global-tariff-fears-eth-etf-outflows)