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Bitfinex

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Bitfinex is a crypto-currency exchange trading and currency-storage platform based out of Taiwan, owned and operated by iFinex Inc. Since 2014, it has been the largest Bitcoin exchange platform, with over 10% of the exchange's trading.

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • Blackintus
    BlackIntus (@Blackintus) reported

    Crypto Fear & Greed Index: 16/100 โ€” โ€œextreme fear.โ€ Bitcoin briefly broke $60K last week โ€” worst stretch since FTX collapse in 2022. Now rebounding to $63,800. But Bitfinex warns: โ€œRallies are increasingly being sold rather than accumulated.โ€ The structural problem hasnโ€™t changed. Macro is restrictive. Rates are going higher. Bitcoin is a risk-on asset in a risk-off environment. ๐Ÿ’ฐ YOUR MOVE: The $63,800 bounce is a relief rally, not a reversal. For the trend to change you need two things: Strait of Hormuz reopens (oil down, inflation pressure eases, Fed pause) or SpaceX IPO capital returns to crypto after the excitement fades. Neither is happening this week. If youโ€™re long crypto, set a stop at $58,000. If youโ€™re waiting to buy the dip โ€” the structural floor is $52,000, not $60,000. @Blackintus

  • Mike_the_Animal
    Mike Richardson (@Mike_the_Animal) reported

    @CW8900 Last cycle the volume of BTC Longs on Bitfinex was highest at the bottom of the cycle, roughly. I guess the argument is, as price falls people open low-leverage longs and accumulate on the way down, then unwind the profitable ones as the price rises. Whether that is true or not, who knows. Also, on the weekly chart, they are still accumulating.

  • RemoteCareerAfr
    Remote Career Africa (@RemoteCareerAfr) reported

    Bitfinex is Hiring ๐Ÿ“ข Role: Product Manager Location: Remote (Worldwide) Pay: Competitive - 2+ years of product experience (or equivalent hands-on ownership). - Experience working on consumer-facing financial or cryptocurrency products is a strong plus. - Strong product sense and ability to simplify complex flows.

  • Stashquants
    Stash Management (@Stashquants) reported

    @bitfinex Urgent KYC issue: Compliance directed me to open a ticket, but Support has directed me back to Compliance. I can provide current documents and proof of my legal name change. My account is also under a withdrawal hold, making the 3-day deadline impossible. Need Help.

  • Octop3s
    Octopus (@Octop3s) reported

    every BIT exchange is shutting down. never see a world where Bitfinex would ever shut down. thereโ€™s just too much money in the reserves.

  • BigTrout300
    Trout (@BigTrout300) reported

    Twap/Scale with BT300 I was shorting a massive massive amount of BTC thru the 70s, on a scale/add in limit. 1. When you have conviction, know a market is coming into resistance, pick a decent leverage point where you're comfortable sizing. (similar on the long side) 2. Let's say I am short 3x at 76k, and I know the market is gonna stop within 10k price (86k being max range), I will scale in ontop of my order starting at 76k, all the way to 86k. so it looks like: $100k position, 10% of Port. Enter 76k $50k, scale limit 76.5k - 86k. (200d SMA was target) additional $50k ($100k total position size) is scaled in. (Ai generated image for example) 3. Use other factors like a vwap, moving average, tpo, delta, order books, metrics to help validate this thesis. (IE I was watching USDT.D, ATH VWAP & Bitfinex longs) 4. You can do this with longs too. When breadth flashes in the SPX, CTAs start going, the trend is gonna be up.. asset isnt as flimsey as a single stock, penny stock or a dogshit alt coin. 5. Once you understand the BitFinex long rate ****, you will understand their intial position, and why they size it when the market pulls back (They're already long sub 30k, they can begin filling) 6. Using this scale method, also brings your liquidation point lower (because you're scaling) so if price goes up/down, you have a free-er chance of getting out at less loss, + you might actually go in profit sooner.

  • BankXRP
    ๐—•๐—ฎ๐—ป๐—ธXRP (@BankXRP) reported

    XRP longs on Bitfinex just printed a massive round trip. Positions surged from 4.9M in June to a peak of 6.45M in late August one of the biggest leverage buildups this cycle. Now unwinding: longs down to 5.62M, price back to $1.41 (-1.61% today). Leverage got ahead of itself. Worth watching if this flushes further or finds support here.

  • RicoPointEth
    ๐•ฝ๐–Ž๐–ˆ๐–” ๐•ฟ๐–๐–Š ๐•ฎ๐–๐–†๐–˜๐–Š๐–— (@RicoPointEth) reported

    @seth_fin @bitfinex Strong support zones are where sentiment usually gets tested. @seth_fin

  • DaneiCesario
    Youngsky01 (@DaneiCesario) reported

    @bloom_pegnmk6 @bitfinex Satoshi also wouldn't recognize half the things people call "blockchain" todayโ€”he was solving a specific problem (trustless payments), not inventing a hammer for every nail in existence

  • Difoxxn
    difoxxn (@Difoxxn) reported

    $๐—•๐—š๐—• ๐—ฏ๐˜‚๐—น๐—น๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ผ๐˜‚๐˜ ๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜€๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚ ๐—ฎ "๐˜‚๐—ป๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฎ๐—น ๐—ฒ๐˜…๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ" ๐—ณ๐—ฎ๐—ถ๐—ฟ๐˜† ๐˜๐—ฎ๐—น๐—ฒ ๐˜„๐—ต๐—ถ๐—น๐—ฒ ๐˜๐—ต๐—ฒ ๐˜๐—ผ๐—ธ๐—ฒ๐—ป ๐—ถ๐˜๐˜€๐—ฒ๐—น๐—ณ ๐—ถ๐˜€ ๐—พ๐˜‚๐—ถ๐—ฒ๐˜๐—น๐˜† ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฒ๐—ธ๐˜. ๐—Ÿ๐—ฒ๐˜'๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ผ๐˜€๐—ฒ ๐˜๐—ต๐—ฒ ๐—ด๐—ฎ๐—ฝ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ผ๐—ป-๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—ฎ๐—น๐—ถ๐˜๐˜† Bitfinex just yeeted $BGB off their platform (delisted July 3). And the "official reason"? A vague "listing qualifications review." Translation: read between the lines yourself. Meanwhile Bitget's out here launching Stocks 2.0 like it's the second coming of TradFi. Cool story. But nobody's talking about the fact that $BGB's 24h volume is a measly $10M on a $1.18B cap. That's a 0.85% vol/cap ratio. This thing trades like a ghost town, not a "top 3 exchange token." "Deflationary tokenomics" ๐Ÿคก let's fact check that real quick: Dec 2024 burn: 800M tokens. Massive, legit, impressive. Q2 2026 Morph burn: 3,010,400 tokens. That's not a burn, that's a rounding error. Someone's riding on 2024's hype with 2026's leftovers. And here's the part that should actually scare you โ€” there's NO public whale wallet breakdown for $BGB. None. Zero. Nada. An exchange that publishes monthly Proof of Reserves for 42 straight months... can't show you who's holding the bag on their own token? Make it make sense. That green candle everyone's screenshotting? Pure market beta. Zero BGB-specific catalyst behind it. You're not smart money for buying it โ€” you're just along for the market's ride. My honest take: this is a CEX with real revenue wrapped around a token with thin liquidity, a fresh tier-1 delisting, and zero whale transparency. That's not a "hold and pray" setup โ€” that's a "know your exit" setup. Growth headlines don't pay your bags. On-chain flow does. Stay sharp, don't get exit-liquidity'd. NFA, DYOR, act accordingly. #BGB #Bitget

  • ForeDex_Global
    ForeDex (@ForeDex_Global) reported

    Daily ForeDex CVD by Order Size (Spot) Snapshot ๐Ÿ“ธ ๐Ÿ”ธ Whales and Mega Whales Only ๐Ÿ”ธ Based on a 1 month period (1M) 1. Binance: Decreased ๐Ÿ“‰ 2. Bybit: No Change โž– 3. Bitfinex (USD): No Change โž– 4. Bitfinex (USDT): No Change โž– โœ… Summary: Unlike yesterdayโ€™s slight decline, Binance showed a more distinct step down today. The other three exchanges showed no change. [07-28-2026]

  • iamrahulinc
    Rahul K (@iamrahulinc) reported

    ๐Ÿšจ๐—š๐—Ÿ๐—ข๐—•๐—”๐—Ÿ ๐—ฆ๐—ฃ๐—ข๐—ง ๐—ฉ๐—ข๐—Ÿ๐—จ๐— ๐—˜ ๐—ฃ๐—Ÿ๐—จ๐— ๐— ๐—˜๐—ง๐—ฆ ๐Ÿฎ๐Ÿญ.๐Ÿณ% ๐—œ๐—ก ๐—๐—จ๐—Ÿ๐—ฌ! Spot trading across 14 leading exchanges fell to $429.0โ€ฏbillion in July, down from $547.9โ€ฏbillion in June. Every exchange saw a dip. Binance led with $196.5โ€ฏbillion (45.8% of total), followed by OKX ($41.6โ€ฏbillion) and Bybit ($36.3โ€ฏbillion), together making up 64% of activity. Uniswap ($UNI) had the mildest drop at 9.8%, while Bitfinex slumped 59.7%, Coinbase 26.4% and Bybit 24.5%.

  • TheBlockCo
    The Block (@TheBlockCo) reported

    THE BLOCK: Bitcoin bitcoin:native sat near $64,000 despite $211.5 million in spot BTC ETF inflows Tuesday and a record S&P 500 close. Bitfinex, Glassnode, and Wintermute all read the same tape: bottom signals forming through boredom, not capitulation, with no demand engine behind them yet.

  • realUrbanHacker
    Urban Hacker (@realUrbanHacker) reported

    After the Coldcard hack the vultures arrived on schedule, circling in perfect formation, announcing that self custody is de facto dead. You've read the posts. If only these poor souls had kept their coins "on an exchange," none of this would have happened. Adults said this out loud, in public, with their real names attached. So let's do the thing nobody circling the corpse wanted to do. Let's look at the data. ๐Ÿ”ด Mt. Gox โ€” 2014 Hot-wallet theft + years of mismanagement โ†’ insolvency ~850,000 BTC (~200k later recovered) ๐Ÿ”ด Bitfinex โ€” 2016 Hot wallet breach ~119,756 BTC ๐Ÿ”ด Coincheck โ€” 2018 Hot wallet breach (NEM) ~523M XEM (~USD 530M then) ๐Ÿ”ด Zaif โ€” 2018 Hot wallet breach ~5,966 BTC + other assets (~USD 60M) ๐Ÿ”ด QuadrigaCX โ€” 2018โ€“19 Not a classic hack: founder death + "inaccessible" cold wallets; monitor found big shortfall / suspected fraud ~26,000 BTC + other coins (~CAD 190โ€“250M+) ๐Ÿ”ด Cryptopia โ€” 2019 Hacked, then liquidation (BTC + alts) ~USD 16M+ initially reported ๐Ÿ”ด Binance โ€” 2019 Hot wallet breach 7,000 BTC (~USD 40M โ€” SAFU covered users) ๐Ÿ”ด KuCoin โ€” 2020 Hot wallets breached ~USD 275M mixed tokens ๐Ÿ”ด BitMart โ€” 2021 Hot wallets breached ~USD 150โ€“200M mixed ๐Ÿ”ด FTX / Alameda โ€” 2022 Fraud & insolvency; customer funds misused ~USD 8โ€“10B shortfall ๐Ÿ”ด DMM Bitcoin โ€” 2024 Unauthorized outflow 4,502.9 BTC (~USD 300M+) ๐Ÿ”ด WazirX โ€” 2024 Multisig / custody breach ~USD 230โ€“235M mixed ๐Ÿ”ด Bybit โ€” 2025 Cold-wallet / signer exploit ~401,000 ETH (~USD 1.4โ€“1.5B), not BTC-led Custodial and protocol heists together โ€” centralized exchanges plus DeFi and bridges โ€” run into the tens of billions of dollars over their lifetime at event prices, with single bad years clearing USD 2โ€“3B in hacks alone. That's not counting fraud, insolvency, or the founder who dies with the keys in his head. One Coldcard wave: roughly USD 0.04โ€“0.07B. Do the division. Very rough math puts Coldcard at somewhere between 0.1% and 1% of a single bad year, and comfortably under 1% of lifetime headline losses from exchanges and DeFi combined. It is a rounding error. It is the tip you leave on the bill for everything else that got stolen this decade. And it is being used as an argument to hand your keys back to the same institutions that produced the top of that table. But I'm not going to end on a smug ratio, because something about this genuinely bothers me. The people who lost money here were not degens. They weren't farming yield on a bridge held together with hope and a Discord moderator. They were the careful ones โ€” the people who read the guides, bought the hardware, wrote the words down on steel, and did everything the responsible adults told them to do. Playing it safe is exactly what got them hit. That's the part that stings, and anyone selling you a custodial account off the back of their pain should be treated accordingly. The conclusion doesn't move, though. Verify your entropy, verify your seed on a second implementation, stop trusting single black boxes โ€” and understand that from a strict safety analysis, your funds have never been safer than in self custody.

  • perdooky
    perdooky (@perdooky) reported

    my journey to safely custody bitcoin: first heard about bitcoin in 2011 and stored it on MyBitcoin because it was literally called MyBitcoin > website disappeared with my bitcoin started over and deposited it into Bitcoin Savings & Trust because a man named pirateat40 was paying a very sustainable 7% per week > ponzi collapsed > lost all my bitcoin started over on Mt. Gox because the exchange handling most global bitcoin volume had to be the safe one > 647,000 BTC stolen > bankruptcy > lost all my bitcoin started over on Bitfinex because exchanges had surely learned their lesson > 120,000 BTC hack > every customer received a 36% haircut and an IOU token moved what remained to BTC-e because nothing says trustworthy custodian like โ€œBTC-eโ€ > operator arrested and servers seized put the recovery stack into BitConnect because its proprietary volatility trading bot guaranteed daily returns > hey hey heyyyy > lost all my bitcoin started over on QuadrigaCX because Canada felt responsible > CEO died in India, supposed cold wallets were empty and the exchange turned out to be a ponzi > lost all my bitcoin finally learned โ€œnot your keys, not your coinsโ€ and ordered a Ledger > Ledger leaked my name, phone number and home address still had the bitcoin though, so wrapped it and deposited it into BadgerDAO because decentralized finance eliminated counterparty risk > front end compromised > lost all my bitcoin bought a Bitcoin-only, air-gapped Coldcard in 2021, generated a fresh seed and moved my long-term stack there > finally safe used the trading stack to buy UST because bitcoin was too volatile and โ€œstableโ€ was literally in the name > deposited it into Anchor for a modest 20% risk-free yield > death spiral > lost all my stable bitcoin unbanked myself with Celsius > withdrawals frozen moved to Voyager because it was publicly traded > bankruptcy started buying on FTX because Tom Brady, an arena and effective altruism felt like sufficient due diligence > bankruptcy started over on BlockFi because FTX had just rescued it > FTX bankruptcy also bankrupted BlockFi tried Gemini Earn because this time the exchange was regulated and run by two people > Genesis froze withdrawals gave up on custodians and downloaded Atomic Wallet because โ€œatomicโ€ sounded difficult to hack > $100 million hack stored my seed phrase in LastPass so I could never lose it > LastPass hackers found it before I did went back to Japan and bought on DMM because surely Japanese exchanges had learned from Mt. Gox > 4,502.9 BTC stolen > exchange shut down then in 2026 learned the Coldcard seed protecting my long-term stack had as little as 40 bits of entropy > wallet drained remotely researched multisig for three straight days, ordered a Trezor as another signer and finally achieved real cold storage > shipping provider leaked my full name, email, phone number and home address my bitcoin is now completely secure because there is none left, but fortunately everyone knows where I live. this is satire > if you made it this far go check out @SolarisAI_fun for the most undervalued infrastructure utility play in web3

  • WuBlockchain
    Wu Blockchain (@WuBlockchain) reported

    July 2026 Exchange Spot Volume Report: total $429.0 billion, MoM decreased 21.7% Spot trading volume across 14 major exchanges totaled $429.0 billion in July 2026, down 21.7% from $547.9 billion in June, with all 14 exchanges recording month-over-month declines. Binance ranked first with $196.5 billion in volume, accounting for 45.8% of the total, followed by OKX with $41.6 billion and Bybit with $36.3 billion. The top three exchanges together accounted for 64.0% of total spot volume. Among the 14 exchanges, Uniswap recorded the smallest month-over-month decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Bitfinex posted the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.

  • JacobKinge
    Jacob King (@JacobKinge) reported

    Bitcoin is the most centralized asset ever, marketed as โ€œdecentralized.โ€ If you understand how the Bitcoin blockchain actually works, it becomes obvious that it is not immutable or untouchable. The code can be changed, and the chain can be controlled through coordination. For those who donโ€™t know, Bitcoin runs on a single public blockchain, and control of that chain comes from who produces the blocks. Today, block production is dominated by only 4 mining pools: Foundry USA (30%), AntPool (18%), ViaBTC (11%), and F2Pool (10%). Together, the top pools routinely control over 65% of total hash power, and the top 5 over 75%. Officially, these pools are โ€œseparateโ€ on paper, but they all work together. They share the exact same private funding, have same aligned incentives, and overlapping miners. This creates a de facto centralization where a single group influences block production, censors transactions, or pushes protocol changes at will. In reality, fewer than 10 people control most of Bitcoin through the top mining pools and core developers. Revealed from the Epstein files, Israel also funded much of this early development, covering over 60% of the core developersโ€™ salaries. โ€œDecentralizedโ€ is purely marketing. Stablecoins give this same cabal another lever over Bitcoin. They want prices up? Easy. They print unbacked Tether or USDC out of thin air and inject it into exchanges they control or influence, like FTX (before it collapsed), Binance, Bitfinex, Coinbase, and others. They want prices down? Just pretend to burn the coins, trigger panic, and the market enters a bear phase. These mechanisms make Bitcoinโ€™s price highly manipulable despite its โ€œfree marketโ€ image. When a small group produces most of the blocks, transaction censorship, reordering, and enforced protocol changes are no longer hypothetical. Bitcoin is marketed as pseudo-anonymous and seizure-resistant, yet governments have seized millions of dollars in BTC with ease. Do you ever wonder how? The 2021 Colonial Pipeline ransomware payment was traced and recovered almost immediately by the FBI, which they later admitted they got access to the walletโ€™s private key (Very sus!). Similar seizures occurred with Silk Road, the Bitfinex hack funds, and multiple darknet and ransomware cases. This level of enforcement is incompatible with claims of true privacy or sovereignty. They clearly have backdoor access. Bitcoin functions like a Trojan horse. It was hyped as a financial miracle, sold to the masses, and accepted without skepticism. In reality, it is a speculative gambling chip, heavily surveilled and quietly managed by insiders. Strip away the mythology and it is no more valuable than a digital beanie baby with better marketing.

  • aqualanga
    Max Gas (@aqualanga) reported

    $UNI already down 5.5% over 4 hours, and $2.8M just landed on Binance, Bitget, Gate and Bitfinex in the last hour. this isn't the early signal, it's supply still showing up while the move is already happening. one wallet, 0x28c6โ€ฆ1d60, sent $2.0M straight onto Binance by itself. that's not a smear of small deposits, that's one player moving real size. worth noting, "Ceffu Deposit" also pulled $101K off Binance in this window, and we've clocked that wallet before, it moved on LINK back in August and that one barely budged the price over the next 8 hours. mixed signals in the same hour. coins on exchanges can be sold, they're not guaranteed to be. go trace the $2.0M yourself if you don't believe the number. NFA

  • ____Holyspawn
    Giovanni Colombo๐ŸŒนโšก๏ธ๐Ÿ‡ธ๐Ÿ‡ป $69Mil gang founder (@____Holyspawn) reported

    @bitfinex There is clearly no correlation sigma at all between these 2. And correlations , even at sigma above 0.9, could still means deep ****, even eggs price could be more significant than this one vs #Bitcoin. ๐ŸŒน

  • 0xlaplaced
    0xLaplace ๐Ÿ”บ (@0xlaplaced) reported

    Bitfinex survived by making everyone share the wound. Customer balances were cut by about 36%. In return came BFX debt tokens: $1 for every dollar lost. Hold, sell, or swap them for equity. Within eight months, Bitfinex redeemed the tokens. The bitcoin remained gone.

  • nineinchtrails
    NineInchTrails (@nineinchtrails) reported

    BTC We went lower. And imo BTC looks like it wants to go lower soon again with breaking $60k eventually. Several BOSs. Closed below demand. Closed below CME gap. Closed below HTF range EQ. USDT.D now BOSs after the SFPs after the bullish 3 drives. Very bullish structure. Confirmed accumulation imo. Also crossed several fibs already. Now in supply. But overall imo USDT.D looks like it wants even higher. All on the daily as well. BVOL out of support. BTC Longs on Bitfinex moving up nearing the next supply level that could indicate a possible local bottom of $44k-$48.9k. So a clean HTF redistribution to me here. The level between $68kish and $70kish acted as a strong "downside trampoline" like I thought. CME Gap + FVG + Range EQ + strong bullish level before at the move up. Things further speed up in terms of going down as thought. Don't know if it's just a coincidence and bs or if I turned knowledge into correct learnings. Waiting for a close below $62.kish SL for confirmed SOW. And as far as I get it there's also no real HTF liquidity there. Would support the idea of a further fast move down. And I think if we close below the $60kish low the probability is very high that we could go all the way down to the $44k-48.9k region for the next local bottom afterwards. FIFA World Cup could act as a nice distraction then maybe, to make the herd believe "everything is good, it's already going up again". HTF Bias: still bearish Main Thesis: we could go below the Feb 6th $60.kish low. Invalidation: in case we should close above $90.kish we have a bullish ChoCh on the daily. // As already stated often but again here and there: Below a TA beginner and not trading yet. So just paper trading here for improving TA.

  • Cryptomit
    crypto_mit ( ๐Ÿ—ฝ/ Acc ) (@Cryptomit) reported

    @ArjunKalsy It was nothing to do with bitmart and bitfinex though about points you mentioned, they didnโ€™t went bankrupt had a restriction wind down, No tokens has any utility thereโ€™s nothing that can ever exist, Holders are fin savy folks and builders using protocol are dev savy one dosnt does the either No protocol has idea of how theyโ€™ll infuse rev from devs to token or even intend to Only protocols like hyperliquid have an intersection of users into rev and token Hard market as attention is hard to keep might not be hard to get

  • CosimoCapital
    Cosimo Capiฯ„al โšœ๏ธ (@CosimoCapital) reported

    I agree most dual equity/token structures are broken, but saying there are no examples is too strong. ethereum:0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3 might be the only clean counterexample: Bitfinex/iFinex had equity, issued a token, and routed real business revenue into buybacks and burns. That is the key distinction. LEO did not work because it had vague governance, ecosystem utility, or a โ€œcommunityโ€ narrative. It worked because the token had explicit, credible value accrual. The lesson is not that equity + token never works. The lesson is that it almost never works unless the token has a real economic sink tied to the business. Crypto Twitter has also changed. It is starting to act less like moonbois and more like activist investors. People are demanding value capture, capital return, burns, buybacks, transparency, and alignment. We should study what has actually worked and duplicate the mechanism instead of pretending every token needs to be a vibes-based governance asset.

  • tutsiandre
    Tutsi Andre (@tutsiandre) reported

    Hey @bitfinex I've been a verified customer for many years, now you are blocking my withdrawals?

  • skygecko_
    SkyGeckoโ„๏ธ (@skygecko_) reported

    One thing Apple shares, Brazilian credit, and $1.6B worth of nickel had in common this week is that... They all became part of the onchain financial system. The market has moved beyond the usual Treasury narrative, with tokenized stocks, commodities and real-world credit becoming increasingly usable across DeFi. Hereโ€™s what happened: โ†’ Coinbase tokenized U.S. stocks on Base Apple, Nvidia, Meta and Alphabet are now available to eligible non-U.S. users, backed 1:1 by real shares. They can trade 24/7 and connect with protocols like Aave, Morpho and Euler. The stock doesnโ€™t just sit onchain, it can be used. โ†’ $50M of nickel was tokenized Bitfinex Securities completed a $50M raise tied to ~7M meters of 99.99% pure nickel stored in Switzerland and valued at ~$1.64B. Physical commodities are becoming financial products people can access digitally. โ†’ Brazilian credit entered RWA Earn Bybit added nOPAL, a tokenized Brazilian credit-card receivables strategy with $70M+ TVL and a reported ~12% 30-day rolling yield. โ†’ Trade finance moved beyond the pilot stage POSCO International completed a live tokenized trade-receivables transaction where verified invoices and shipping documents were used to support an actual financing deal. Meanwhile, tokenized RWA value sits around $38B with holders around 3M. RWA is slowly becoming more about making aseets useful once they come onchain.

  • AriDavidPaul
    Ari Paul (@AriDavidPaul) reported

    @nic_carter At least two of cryptoโ€™s biggest successful institutions were ponzis at points in time. Both seem today to have more than fully recovered their assets. With bitfinex-tether I think this is pretty public knowledge at this point: at one point bitfinex was insolvent and recapitalized with tether, and vice versa, so at various points each was in a ponzi state. But profits flowed, and all worked out. The principals wanted/hope for this to happen, rather than their customers eat the losses, their business fail, and possible criminal charges. IMO, this is all unethical and illegal, butโ€ฆa lot less malicious and unethical than people who run ponzis intending to exit scam. The other example is more controversial - Binance. We know customer funds were transferred from the exchange to a private trading account and gambled with (on-chain forensics, public reporting). Presumably repaid later with winnings. Why did CZ do that? I assume the same reason heโ€™s still running pumps and dumps as the worldโ€™s richest felon.

  • SupplyDemand29
    Muntari Abdulhamid (@SupplyDemand29) reported

    $BTC BITCOIN BOUNCES TO $64,812 AND ETHEREUM LEADS - BUT DON'T GET TRAPPED Today's market is doing the exact opposite of yesterday and most people will misread it. BTC is up to $64,812 from $64,246 open. Low was $63,267, high $65,176. We bounced $1,500 from yesterday's dump. ETH is at $1,922 up 1.12%, high $1,936 low $1,872. ETH/BTC at 0.0297 - ETH is beating BTC again. So what changed in 24 hours? Yesterday Korea's KOSPI crashed 10% and dragged us to $63K. Today Korea crashed again and Bitcoin went UP toward $64K. That's called decoupling. Bitfinex predicted this. When stress is rates-driven, BTC dumps with stocks. When stress is stock-specific like chipmakers Samsung and SK Hynix, BTC decouples and holds. That's exactly what happened today. Second, Fed relief. The panic before Fed is over. Market is positioned. Bitcoin held the $63K support and 50-day EMA at $65,089 area, printed its 4th weekly gain structure intact.

  • PikaC888
    Pika C (@PikaC888) reported

    @bitfinex So youโ€™re saying max pain is BTC going down ?

  • JourneyMacro
    Nomad (@JourneyMacro) reported

    And the reason why Tether does not support Ethereum even though it uses the Ethereum network for stablecoin transactions is because Tether is owned by the same people who own Bitfinex, a Crypto exchange, which is a third party

  • catchingflaws
    catching flaws (@catchingflaws) reported

    Alts did a full 180: 67 green, 9 red, avg +2.8%. $ARB +35% on record DEX volume โ€” the L2 finally woke up. $DASH +12.9% riding the privacy bid, OI up 49%. Losers are rounding error: $POL -4.2%, $LEO's -2.4% is just Bitfinex noise. BTC dom 59.1%. Sentiment: BUY โ€” 67/9 breadth, alts beating BTC as dominance slips.