Bitcoin locked over $4800

First cyptocurrency continues its growth on the background of big events planned
10 October 2017   1522

Continuing steady growth on Monday, October 9, the first crypto currency went to levels above $ 4800. As of 08:00 GMT on Tuesday, the average weighted bitcoin rate, according to Coinmarketcap, was $ 4,819.58, but subsequently dropped to $ 4,802.47 to a moment of press.

The observed increase in the price of bitcoin occurs against the background of the expected Bitcoin Gold hardfork later in October and the growing disagreements in the community regarding the SegWit2x. The latter, if nothing extraordinary happens, SegWit2x will have to happen in November.

Both hardforks assume the releaze of new coins for users, which is why high trading volumes are happening last 24 hours. Bitfinex, Bithumb, BitFlyer, HitBTC and GDAX exchanges became the top five leaders in the volume of deals with Bitcoin at this hour.

Over the past 24 hours, bitcoin has risen in price almost by 5%, while its dominance index with total capitalization of $ 152 billion is over 52%.

Bitcoin Charts
Bitcoin Charts

At the same time, we can see that whole bunch of altcoins are losing their "weight". 

Top ten cryptocurrencies chart
Top ten cryptocurrencies chart

As you can see on the chart above, besides Bitcoin, only NEM continues to grow. It gained more than 8.85% in last 24 hours.

Bitifinex to Cooperate With Bitrefill

Exchange's users will be able to purchase products from the Bitrefill catalog with help of Lightning Network
05 December 2019   152

The Bitfinex cryptocurrency exchange has entered into a partnership with the service of replenishing mobile accounts and gift certificates Bitrefill.

Using Lightning Network (LN) technology, Bitfinex users will be able to purchase products from the Bitrefill catalog, which includes more than 2,000 digital gift cards and options for replenishing mobile accounts.

As soon as the user pays for the goods using Bitcoin, Bitfinex and Bitrefill automatically settle through the LN network, which makes transactions cheaper and much faster.

Bitcoin’s use as a means of payment represents an important milestone in the inevitable journey towards mass adoption. This is why the Lightning Network is so important. As an exchange, Bitfinex is at the forefront of developing solutions utilizing this technology.
 

Paolo Ardoino

CTO, Bitfinex

On December 3, Bitfinex integrated payment support through the Lightning Network.