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Tag Archives: Bitfinex

Tether Invested Funds in Bitcoin – Could Bitcoin Crash?

The Block reported yesterday about Tether admitting to allegations that users made for several years now. The Block cites David Miller, the attorney for Bitfinex, from a transcript that the news outlet received. In it David Miller says: “Prior to the April 24th order … Tether actually did invest in instruments beyond cash and cash […]

Bear & Bull Struggle at the $8000 Resistance – Watching Lows

What we are seeing currently in the Bitcoin market is typical before decisive moves are happening. Everyone is expecting the market to move. However, less and less investors are interested in participating in the market. The result of that is that Bitcoin’s price is forming a lot of Doji candles on the 1 hour chart […]

Roundup – 27/04/2019 – Bitfinex Withdraws About $80 Million After Accusation of Misusing Tether Funds & more

Bitfinex Withdraws About $80 Million After Accusation of Misusing Funds The crypto exchange Bitfinex has withdrawn more than $80 million from its cold wallet. Bitfinex is closely associated with the stable coin Tether. Neither of the two companies has indicated any reason for the withdrawal. Due to the recent rally, critics brought up old allegations […]

Roundup – 15/04/2019 – Harvard Invests In Crypto Startup & more

Harvard Invests In Crypto Startup According to Bloomberg, the Harvard Management Company together with two other investors has invested $11.5 million in the blockchain startup Blockstack. The Harvard Management Company is the foundation that finances the Harvard university. The foundation understands itself as a Non-profit organization. However, it does invest money in useful companies to […]

How To Sell Ripple For USD Or Bitcoin

Ripple’s XRP recently overtook Ethereum’s ETH to be the world’s second largest Cryptocurrency at market capitalization dimension. Although this figure is highly volatile and can barely last 24hrs in its numbers, the fact still remains that most Cryptocurrency enthusiasts prefer investing in XRP more than all Cryptocurrencies except Bitcoin (BTC) that remains a leader at […]

Bitfinex Refutes Insolvency Claims

Bitfinex, a Crypto exchange based in Hong Kong, has denied claims making rounds within the Crypto community that it is currently insolvent. It has refuted these claims by disclosing wallet addresses which seem to show that the Crypto exchange has Crypto assets amounting to more than 1.5 billion dollars. Proof Of Solvency The firm stated […]