Bitfinex Announcements
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Official announcements from the Bitfinex team.
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๐ŸŒŸ What's the one token you just can't get enough of? Drop your favourite and tell us why it's your top pick here: t.me/bitfinex

Weโ€™ve got our eyes on one token this week, stay tuned for our pick this Friday! ๐Ÿšจ
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Weโ€™re pleased to welcome KomainuCustody as our latest remote custodian.

Soon you will be able to trade safely on Bitfinex while keeping your assets in cold storage with Komainu and
Ledger Tradelink!
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๐Ÿ“Š The Mayer Multiple is a crucial metric for assessing #Bitcoin's price movements. Itโ€™s the ratio of the current price to the 200-day moving average (200DMA)โ€”a key benchmark for traders to distinguish between bullish and bearish markets.

Learn more:
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-bitcoin-experiences-this-cycles-largest-pullback-before-recovery/
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Meet Josรฉ Flores, the founder & CEO of Kapitalex.

He is orange-pilling Mexicans and promoting the #Bitcoin standard, but it is not easy. We discuss the future of $BTC in Mexico and how Kapitalex is reshaping financial services in LATAM.

Listen now ๐ŸŽง
https://youtu.be/QQzlNoIzBDg
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๐Ÿ† 1st Leaderboard Revealed!

NB<# leads with 13.5% PnL, but ONLYLOVE88 in 2nd is earning bigger rewards at 11.41% with a higher deposit. ๐Ÿ’ฐ

Smaller funds? Youโ€™ll need a higher %PnL to claim more of the $10K prize!

โณ 3 weeks left to win thousands.

๐Ÿ”— http://bitfinex.com/competitions/double-profit
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๐Ÿšจ Weโ€™ve added $USDt-on-TON to Bitfinex Pay!

You can now accept payments in the fastest-growing USDt transport layer - USDt-on-TON!
With almost $620m USDt now on TON, we have made transactions just a little bit easier โœ…

Get started now:
https://pay.bitfinex.com
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Closing first Week for the Bitfinex OG CREW Invite Competition!๐Ÿ“Š

๐Ÿ† Weโ€™re wrapping up the first week of the Bitfinex OG CREW Invite Competition! PIOLHO is leading the competition with 2 invites. How close are you to earning 1000 XP and leveling up to Seasoned?

Thereโ€™s still time to climb the Discord ranksโ€”invite your friends and take the lead!

Show off your teamwork skills and join us: discord.gg/bitfinex
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Can 100,000 students worldwide gain financial freedom through Bitcoin education?

Find out how Mi Primer Bitcoin is trying to bring financial freedom through its innovative โ€œLight Nodeโ€ network. Empowering local educators to spread $BTC. ๐ŸŒ

Read more:
https://ow.ly/fXGY50SZto4
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This week, we spotlight $APTOS as our Bitfinex Token of the Week! ๐Ÿ…

Aptos is redefining Layer 1 blockchain technology with a focus on scalability, safety, and user experience ๐ŸŒ
APTOS is available for trading on Bitfinex.

Get more info on our blog!
https://blog.bitfinex.com/education/what-is-aptos-apt/
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Start your trading week with Bitfinex Alpha! โญ๏ธ

Including:
โœ… On-chain crypto news
๐ŸŒ World-wide macro economy outlook
๐ŸŒŸ Global outlook into the cryptosphere

Get yours now:
https://go.bitfinex.com/AlphaSignUpPage
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1sat from the Elite Trader Hunt is back on top with a 13.19% PnL and $131 in rewards, pushing NB<# to 3rd. ๐Ÿฅ‡

Weโ€™re doubling your profits up to $10K! ๐Ÿ’ฐ

With 3 weeks left and traders slowly getting back in the green, $10K is still up for grabs! ๐Ÿ”ฅ
http://bitfinex.com/competitions/double-profit
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You can now view live currency price moves directly on your mobile!

Monitor price movements in real-time and stay ahead of the market with the Bitfinex widget โœ…

Customise your widget now ๐Ÿ“ฒ
https://bitfinex.onelink.me/lbPZ/ed65xmw6
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Meet Turbo AI's $TURBO - powered by GPT-4, fueled by community, and driven by fun ๐Ÿฅณ

TURBO is the first memecoin created entirely using AI and the toad-ally awesome news is that it can be traded on Bitfinex!

Find out more about Turbo Toad Token ๐Ÿธ
https://blog.bitfinex.com/token/what-is-turbo-turbo/
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Why is ETH underperforming? Bitfinex Alpha 118

1. #Ethereum ETFs are struggling to keep pace with #Bitcoin ETFs. Despite some positive inflows into newer products like BlackRock, older ones like Grayscaleโ€™s Ethereum Trust are seeing significant outflows.

2. Major market makers like Jump Trading have been aggressively selling, which has further amplified the outflows.This pressure has contributed to a steep 40% decline in Etherโ€™s price as of early August.

3. The ETH/BTC ratio has hit its lowest level in over 1,200 days. With these challenges - will $ETH bounce back?

Keep an eye on the markets with Bitfinex Alpha: https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-why-is-eth-underperforming/
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Second Week Kickoff for the Bitfinex OG CREW Invite Competition ๐Ÿ”ฅ


Weโ€™re heading into the second week of the Bitfinex OG CREW Invite Competition! ๐ŸŽ‰ Are you building your Discord crew on Bitfinex? Call your friends and prove your skills as a team!

Earn up to 1000 XP and level up to Seasoned to unlock access to exclusive trading competitions and weekly Discord events.

Donโ€™t let this opportunity slip by: discord.gg/bitfinex
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Diamond hands HODLers, we salute you! #HODL your #Bitcoin. ๐Ÿ’Ž๐Ÿ‘Œ
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Every trader is back in the green. ๐ŸŒŸ

1sat holds strong at the top, but Vietnamโ€™s traders are surging up the ranks!

It only takes 0.93% PnL and with $10K on the table, could you double your profits? ๐Ÿ’ฐ

http://bitfinex.com/competitions/double-profit
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What's your favourite token of the week? โœจ

Whether it's one that's been making waves in the market or a hidden gem you've discovered, share your pick with us!

Weโ€™ll reveal our pick on Friday โฐ
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It's midway for the Bitfinex OG CREW Invite Competition ๐Ÿ”ฅ

Weโ€™re in the home stretch of the Bitfinex OG CREW Invite Competition! ๐Ÿ

Thereโ€™s still time to bring in your crypto crew and climb the Discord ranks. Every invite counts, so keep pushing and stay ahead of the game!

Donโ€™t forget, reaching the Seasoned level will unlock access to exclusive competitions and events.

Get your crew together! discord.gg/bitfinex
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This week on Bitfinex Talks: Can you imagine buying Bitcoin with spare change?

Edgar Borja, founder of K1 Technology in El Salvador, is here to show us how his game-changing machine enhances Bitcoin adoption across 17 countries.

๐ŸŽ™๏ธWatch the full story here.
https://youtu.be/3ftSwzJIIoQ
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