Bitfinex Announcements
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Official announcements from the Bitfinex team.
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What if a blockchain could rival Visa?

Fantom FDNโ€™s Sonic upgrade is set to process over 2,000 transactions per second, reduce storage costs, and enhance security. Fantom promises to unlock the future of high-frequency DApps and DeFi.

Read the blog now.
https://blog.bitfinex.com/education/what-do-we-know-about-fantoms-sonic-migration/
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Two years after the Merge, has the move from Proof-of-Work to Proof-of Stake improved Ethereum?

As we mark the 2nd anniversary of this transition, Ethereum still struggles with high fees & congestion, while competitors have surged ahead.

Read more:
https://blog.bitfinex.com/education/has-the-merge-been-good-for-ethereum/
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๐ŸšจWhy is $MATIC transitioning to $POL?

We dive into the
Polygon 2.0 ecosystem and find out what this means and how it aims to improve the utility & functionality of $POL

Get all the details - $POL is available on #Bitfinex:
https://blog.bitfinex.com/education/what-is-polygon-ecosystem-token-pol/
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Weโ€™ve arrived in #Singapore ๐Ÿ‡ธ๐Ÿ‡ฌ, ready for an exciting week at #Token2049.

We are putting together an exclusive event with
Thalex Global for some of the brightest minds in #Bitcoin and finance.

Stay tuned!
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With key interest rate decisions coming this week, we expect $BTC to be volatile.

Spot CVD has flattened, and we see #BTC increasingly correlated with equities even as it decouples from gold prices, which hit an ATH last week.
The short-term outlook for #BTC is currently uncertain.

Check out our analysis in this weekโ€™s #Bitfinex Alpha:
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-btc-faces-volatility-risk-as-25-bps-rate-cut-expected/
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Trade Anytime, Anywhere with the Bitfinex App!

๐Ÿ“ˆ Real-time charts for precise trading insights
๐Ÿ“ฒ Intuitive interface for seamless navigation
โšก Regular updates to enhance your trading experience

Get started here:
https://bitfinex.onelink.me/lbPZ/ed65xmw6
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๐Ÿƒ Bitfinex Meetup in Panama City, Panama!

๐ŸŽ‰ Join us to learn all about Bitfinex P2P and enjoy an evening of networking with fellow crypto enthusiasts. Donโ€™t miss the chance to connect with the Bitfinex community!

๐Ÿ“ Venue: Capital Cervecerรญa
๐Ÿ“ Address: Av. Manuel Espinosa Batista, Panama City, Panama Province, Panama
๐Ÿ•– Time: 6:30 pm
๐Ÿ“… Date: September 18, 2024

๐Ÿ“ข Discover how Bitfinex P2P can transform your crypto journey. We look forward to seeing you there!
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๐Ÿ“ข Bitfinex will undertake scheduled maintenance in approximately 30 mins from now at 6:30 AM UTC.

This scheduled maintenance is to improve connectivity and is designed to cause minimal disruption, but there may be brief networking interruptions during the process. ๐Ÿšง

We appreciate your understanding and patience as we work to enhance our services!

If you have any questions, please reach out to Bitfinex here:
https://cs.bitfinex.com/
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Our scheduled maintenance has completed and connectivity is fully restored. โœ…

Thank you for your patience during this process!

If you experience any issues or would like to reach out to Bitfinex for assistance, please contact us here:
https://cs.bitfinex.com/
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Looking forward to seeing some of the most important institutions in crypto markets at our VIP Drinks with Thalex Global. #Token2049 ๐Ÿ‡ธ๐Ÿ‡ฌ

With the most liquid markets, and the most advanced trading tools, we are proud to be the Original Bitcoin Exchange!
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๐ŸŒ Introducing Assange DAO: A decentralised movement that supported Julian Assange in his successful fight for Justice!

Now the $JUSTICE token is live on #Bitfinex:
https://blog.bitfinex.com/education/what-is-the-assangedao-and-the-justice-token/
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This week, Rachel O'Leary from AssangeDAO will join us to explore the movement that shook the crypto world by raising over $50 million for Julian Assangeโ€™s legal defence.๐Ÿ’ฅ

This episode contains insights on whatโ€™s next for this historic DAO. ๐ŸŽฅ
https://youtu.be/ptoGR_EmLGg
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Thanks to everyone who came yesterday for a great evening of camaraderie, conversation and fun! Thanks to Thalex Global and all our customers. Looking forward to the next one!

#Token2049 ๐Ÿ‡ธ๐Ÿ‡ฌ
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Hey Taikonauts! ๐Ÿฅ

$TAIKO is our Bitfinex Token of the Week :tada: Taiko is revolutionizing Ethereum scaling as an #Ethereum-equivalent ZK-Rollup! By batching transactions, it cuts costs and significantly boosts speed.โšก๏ธ

TAIKO is available on Bitfinex!
https://blog.bitfinex.com/education/what-is-taiko-taiko/
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Has #Bitcoin ossification gone too far already?

This debate is about more than keeping the protocol safe. Supporters see ossification as the ultimate sign of Bitcoinโ€™s maturity, but critics warn that it could block essential updates.

๐Ÿ”—Read the blog now
https://blog.bitfinex.com/education/is-ossification-good-or-bad-for-bitcoin/
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๐Ÿ”ฎ#Bitcoin spot market buying is slowing, with spot Cumulative Volume Delta flattening at $63.5K, suggesting near-term range-bound movement.

Without sustained spot buying, could we be headed for consolidation? ๐Ÿค”
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-consolidation-on-the-cards-for-btc-post-rate-cuts/
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