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Bitfinex

Bitfinex is the world's leading digital asset trading platform.

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Hamster Kombat: Play-to-Earn Game Gains Traction

Thu 26th Sep 2024
**Hamster Kombat**, a new play-to-earn game on Telegram, has gained significant popularity since its launch in March 2024. Key points: - Amassed 200 million users in just 7 months - Offers rewards for players - $HMSTR token now trading on Bitfinex Bitfinex has introduced special trading fees for $HMSTR: - No fees for makers - 4 bps for takers The game, powered by TON blockchain, combines entertainment with earning potential. Users can now deposit $HMSTR on Bitfinex and participate in this rapidly growing ecosystem. *For more information, visit the Bitfinex blog.*
Community article

Bitfinex Announces Top Trader for September 2024

Thu 3rd Oct 2024
Bitfinex has revealed its top trader for September 2024. User benaw04 claimed the top spot with an impressive $59,000 in realized profits. This achievement highlights the potential for successful trading on the Bitfinex platform. - benaw04 crowned as September's top trader - $59,000 in realized profits - Leaderboard available for viewing As October begins, Bitfinex is encouraging traders to aim for the top position. The company has dubbed this month #Uptober, hinting at potential market optimism. **Want to see how you stack up?** Check out the Bitfinex Leaderboard: https://go.bitfinex.com/Leaderboard
Community article

Bitcoin Surges 26.2% in September, Raising Hopes for 'Uptober'

Mon 30th Sep 2024
Bitcoin has experienced a significant rally, rising 26.2% since its September 6th low of $52,756. This surge has surpassed August's local top, sparking optimism for a potentially strong October. Key points: - Historically, October has shown robust gains for Bitcoin, with a median return of 27.7%. - Bitcoin has reclaimed important levels, including the Short-Term Holder Realised Price. - Open interest has reached $35 billion, a level previously associated with local peaks. - Bitcoin is currently trading in a $50K-$68K range. - Declining exchange reserves and reduced passive selling suggest a potential new all-time high by Q4 2024 or early 2025. However, caution is advised as spot market buying has slowed, and high open interest raises concerns about market overheating. Investors should monitor these signals closely and conduct their own research before making investment decisions.
Community article

Solana vs Ethereum: A Potential Shift in Web3 Dominance

Mon 30th Sep 2024
The debate over Solana's potential to overtake Ethereum in the Web3 space continues to gain traction. Solana's impressive 2,600+ TPS and low transaction fees are challenging Ethereum's market position. Key points: - Solana's high performance is attracting attention - Ethereum's upgrades are in progress - The outcome remains uncertain While Ethereum works on scaling solutions, the crypto community speculates on whether these improvements will be sufficient to maintain its lead. The competition highlights the evolving nature of blockchain technology and its impact on the Web3 ecosystem. *For a detailed analysis, visit the Bitfinex blog.*
Community article

Interview with Moritz Kaminski from Alby

Mon 30th Sep 2024
This week's interview features Moritz Kaminski from Alby, discussing their efforts to simplify Bitcoin payments: - Alby is developing user-friendly wallets - Integration with Nostr, a decentralized social network - Support for Podcasting 2.0 standard The company aims to make Lightning Network more accessible to a broader audience. These innovations could potentially lower barriers to entry for Bitcoin transactions and enhance the cryptocurrency's utility in everyday scenarios. **Watch the full interview:** https://youtu.be/cdjzNgDt4jo *For more insights on crypto innovations, check out our previous interviews with industry leaders.*
Community article

AssangeDAO's Future After Julian Assange's Freedom

Thu 12th Sep 2024
With Julian Assange now free, the AssangeDAO faces new horizons. @lunar_mining discusses potential directions for the organization on Bitfinex Talks: - Exploring new causes and battles - Charting a fresh course for the DAO's future This follows AssangeDAO's significant role as the largest donor in Assange's fight for freedom. The discussion provides insights into: - How the DAO became a key player - Its transformation into a multimillion-dollar entity - The impact on Assange's legal defense For those interested in decentralized movements and their real-world effects, this talk offers valuable perspectives on AssangeDAO's journey and potential future impact.

Bitfinex Alpha Offers Free Weekly Market Insights

Mon 23rd Sep 2024
Bitfinex Alpha provides expert market analysis and updates for crypto enthusiasts. Key points: - Free weekly newsletter delivered every Monday - Offers expert analysis and market insights - Helps readers stay informed about crypto markets - Sign-up available for tomorrow's report Bitfinex Alpha aims to keep subscribers ahead of market trends with timely, professional analysis. The service is completely free, making it accessible to all interested in cryptocurrency market intelligence. To receive your own copy of tomorrow's report and start benefiting from these valuable insights, simply sign up through the provided link.
Community article

AssangeDAO: From $50M Fundraiser to $JUSTICE Token Launch

Thu 19th Sep 2024
AssangeDAO, a decentralized movement that raised over $50 million for Julian Assange's legal defence, has made significant strides. n Key developments: - Interview with @lunar_mining from AssangeDAO discussing the movement's impact - Insights into the future plans for this historic DAO - Launch of the $JUSTICE token on Bitfinex exchange The AssangeDAO's success demonstrates the power of decentralized communities in supporting causes. The introduction of the $JUSTICE token on Bitfinex marks a new chapter for the organization. n For those interested in decentralized governance and its real-world applications, AssangeDAO offers a compelling case study. n To learn more about AssangeDAO and the $JUSTICE token, visit Bitfinex's blog.
Community article

Altcoins Show Strength in Choppy Markets

Thu 12th Sep 2024
Bitfinex Alpha's recent analysis, as reported by Cointelegraph, suggests altcoins may be gaining strength in the current volatile market conditions. Key points: - Bitcoin dominance has stabilized around 51%, potentially signaling a new altcoin season - Liquidity in the top 20 altcoins has increased - Smaller coins may be experiencing a decline This data hints at a possible shift in market dynamics, with larger altcoins potentially outperforming Bitcoin and smaller tokens. Investors should monitor these trends closely, as they could indicate changing opportunities in the crypto market landscape.

Bitfinex Alpha Predicts Bullish Q4 for Bitcoin

Thu 22nd Aug 2024
Bitfinex Alpha reports that Bitcoin's behavior since the April halving aligns with previous post-halving cycles, potentially setting up a bullish Q4 for BTC. This analysis is consistent with earlier predictions from Bitfinex, which suggested a new all-time high could occur around Q4 2024, based on historical data showing Bitcoin typically reaches new peaks several months after halving events. Key points: - Bitcoin's current behavior mirrors past post-halving cycles - Q4 2024 could see significant price movement - Historical data supports the prediction of new ATH several months post-halving Investors should conduct their own research and consider market volatility before making decisions.
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