Bitfinex

Bitcoin remains above $65,800 with spot ETFs recording a sixth consecutive day of inflows. Bitfinex analysts highlight $68,000 as the next critical resistance level for the cryptocurrency's recovery.

Jack Mallers has stepped down as CEO of Bitcoin treasury Twenty One Capital, succeeded by Raphael Zagury. The company, which listed on the NYSE seven months ago, aims to become an institutional-grade operating company focused on cash flow and capital allocation. Mallers will concentrate on his Bitcoin payments company, Strike.

Bitcoin traded around $63,500 after a six-day rally, with Wintermute and Bitfinex highlighting weak ETF demand and K33 noting 50% of supply is at a loss. Analysts point to thin summer liquidity and a significant portion of Bitcoin holdings remaining underwater.

Bitcoin price rose above $65,000 as ETF outflows slowed, driven by a U.S.-Iran peace deal and a hawkish stance from the new Federal Reserve Chair Kevin Warsh. The peace deal reopened the Strait of Hormuz, while ETFs recorded $226.8 million in outflows for the week ending June 18, marking the sixth consecutive week of net outflows. Corporate buyer Strategy acquired 520 bitcoin at an average price of $67,068.

Bitcoin remained above $66,000 following an Iran truce, while HYPE reached a new all-time high above $76. However, analysts from Wintermute and Bitfinex noted weak conviction in ETF demand.

Bitfinex traders are increasing their long positions on bitcoin despite a five-day price slide, with longs reaching a 2.5-year high. This indicates a strong bullish sentiment among traders. The move suggests that traders are confident in bitcoin's potential for growth.

A user shares their experience with Strike for buying BTC and seeks feedback on Bitfinex for converting BTC to USDT and integrating with a Blockstream Jade wallet. They request opinions on Bitfinex's trustworthiness and usability.

A Reddit user has been using Strike to buy BTC and now seeks a platform to convert BTC to USDT with compatibility to their Blockstream Jade wallet. They are considering Bitfinex but are asking for feedback on its trustworthiness and ease of use.

Tether, a $184 billion stablecoin, has never been fully verified despite repeated promises of audits since 2014. Regulators found USDT was only 27.6% fully backed between 2016-2019, with reserves secretly loaned to Bitfinex. In 2026, Tether announced its first audit by a Big Four firm but refused to name the firm.

Bitcoin price rose above $76,500 amid heightened geopolitical tensions between the U.S. and Iran, which impacted oil markets and investor sentiment. Fluctuations in the Strait of Hormuz's status drove volatility, with Bitcoin facing resistance near $79,000 and key options expirations looming. Bitfinex analysts highlighted the link between geopolitical developments and Bitcoin's sustainability above critical technical levels.

The U.S. government moved 8.2 Bitcoin, valued at over $600,000, linked to the 2016 Bitfinex hack. The hack, which involved $9 billion in stolen funds, has seen partial recovery efforts by authorities.

The U.S. government transferred $606,000 in Bitcoin associated with the 2016 Bitfinex hack to the cryptocurrency exchange Coinbase. This action follows the recovery of funds from a major security breach at Bitfinex.

The U.S. government transferred $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase. This action follows efforts to recover assets from the security breach that affected the cryptocurrency exchange.