Bitfinex | Crypto

Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.  Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […] The post Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer appeared first on CryptoSlate.

Despite Bitcoin (BTC) dropping by 2.5% in the past 24 hours to trade near $101,600 and triggering nearly $200 million in liquidations of open long positions, the latest “Bitfinex Alpha” report highlighted that on-chain metrics remain constructive. The current price action follows a move that saw Bitcoin rally from a recent low near $74,000 to […] The post Bitcoin’s rise above $100K buoyed by institutional inflows and macro tailwinds – Bitfinex appeared first on CryptoSlate.