Bitfinex

The CriptoLatinFest conference begins today, featuring key speakers discussing Bitcoin's growing role in Latin America's economy. Following yesterday's Bitfinex Business Day in Medellín, which highlighted: - Reduced tokenization costs (24% vs traditional 17%) - Integration of blockchain in banking services - Regulatory frameworks supporting market growth - Capital flow efficiency in regional markets The conference brings together @whbitcoin, @fabitcoiner, and @paleobit to share insights on Bitcoin's impact across Latin American markets. [Join the conference →](https://criptolatinfest.com/)

Bitfinex has confirmed support for the upcoming Maker (MKR) token swap and rebranding to Sky (SKY). Key dates to note: - Aug 26: MKR margin and perpetual positions enter reduce-only mode - Sep 3: MKR deposits and withdrawals will be suspended - Sep 4: MKR trading on Bitfinex will cease Users should prepare for these changes and ensure their positions are adjusted accordingly. For complete details, visit [Bitfinex's official announcement](https://www.bitfinex.com/posts/1134/).

A Bitfinex representative (@paleobit) shares firsthand experience with Argentina's financial turmoil, highlighting: - Personal encounters with frozen bank accounts - How USDt emerged as everyday currency - Bitcoin's role in providing financial sovereignty The discussion connects to broader monetary policy issues: - Central banks targeting 3-4% inflation - USD losing 97% value since 1913 - $100 from 1913 equivalent to $3 today Watch the full interview: [YouTube Discussion](https://youtu.be/WH1bTvAfKPc)

XFounders Camp's rigorous selection process filters through 2,000 applicants to identify top Web3 and tech founders. The accelerator program: - Evaluates investment potential and existing traction - Adapts criteria by region to capture diverse talent - Maintains chain-agnostic approach while focusing on Web3 - Considers founders across AI, gaming, pay-fi, and fintech Their Startup Warriors series features 10 episodes of founder stories, helping participants build market presence and community connections. [Watch the full episode](https://youtu.be/LAJlHbscSpg)

Bitcoin-based timestamping technology is emerging as a tool for election security across multiple jurisdictions. Here's what you need to know: - Successfully implemented in Georgia (US) and Guatemala's electoral systems - Uses blockchain to verify results without exposing sensitive voter data - Notable case study: Software engineer Rafael Cordón's Simple Proof system helped prevent fraud in Guatemala's presidential election The technology's potential extends beyond elections, with growing adoption across Latin America for financial transactions. Jeronimo Ferrer from Bitfinex will discuss these developments at @criptolatinfest. Learn more: [Election Integrity Blog](https://blog.bitfinex.com/freedom/can-bitcoin-improve-election-integrity/)

Bitfinex is hosting an exclusive AMA session on their Telegram channel with a prominent Web3 figure. The event will be moderated by @BitFreedomGus. Key Details: - Special edition AMA with mystery guest - Host: @BitFreedomGus - Platform: Bitfinex Telegram - Join link: [Bitfinex Telegram](https://t.me/bitfinex) This follows their successful July AMA featuring LaymansCrypto from TokenFi.

Bitcoin maintained support at $114,800 after last week's 5% drop that triggered $1.46B in long liquidations. While BTC shows resilience, attention is shifting to altcoins with open interest expanding from $26B to $44B since July. Key developments: - ETH dominance growing with increased speculative inflows - Daily liquidations averaging $350M indicate high leverage - US economic data shows weakness - Institutional crypto interest continues rising Market structure suggests rotation from BTC to alts, though elevated leverage raises risk levels. Long-term holders are distributing while ETFs and retail absorb supply near all-time highs.

LaymansCrypto, Social Media Coordinator at TokenFi, will host a live AMA session on Bitfinex's Telegram channel. **Event Details:** - Date: July 4, 2025 - Time: 2PM UTC - Platform: [Bitfinex Telegram](http://t.me/bitfinex) - Host: @BitFreedomGus Community members can submit questions through the [submission form](https://forms.gle/D1eNETgSBc1bbdsz5) until 23:59 UTC. *Join the discussion to learn more about TokenFi's latest developments.*

Bitcoin continues its consolidation phase between $100K-$110K, with strong support at $98.7K and notably low leverage levels. Historical data indicates Q3 typically represents Bitcoin's weakest quarter, characterized by: - Reduced market volatility - Slower price movements - Extended consolidation periods This pattern follows an 81-day trading range of $91K-$102K earlier in 2025, marked by: - Historic low volatility levels - Bearish Inter-Exchange Flow Pulse - Significant altcoin corrections (PEPE -46.4%) *Key question*: Will current market conditions break from historical Q3 patterns? [Read full analysis on Bitfinex Alpha](https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-btc-consolidates-ahead-of-q3/)

@r0ckstardev shares insights from El Salvador's Bitcoin journey in latest Bitfinex Talks: - Real adoption comes from *actively using* Bitcoin, not just holding - Emphasis on practical implementation in daily transactions - Highlights importance of flowing sats to global communities - Demonstrates how Bitcoin adoption transforms communities Key takeaway: **Bitcoin's true value emerges through practical usage and circulation within communities** Watch the full discussion: [Bitfinex Talks Episode](https://youtu.be/Fr0z4CN4uQQ)