BTC Volatility to Reach Dec 2018 High

Little BTC price correnction began 28.05, but it produced great volatility this month, reaching 4.7%;  in April this figure was 3.5%, and in March - 1.1%
29 May 2019   560

Bitcoin falls in price since the evening of May 28, and although this correction in itself is hardly worthy of special attention in the long run, such a technical indicator as volatility is interesting.

According to Bloomberg, in May Bitcoin volatility increased significantly, reaching 4.7%. For comparison, in April this figure was 3.5%, and in March - 1.1%.

Big Bitcoin Moves
Big Bitcoin Moves

Earlier, the largest indicator of bitcoin volatility at 4.2% was recorded in December 2018.

Bitcoin Price Chart | 29.05.2019
Bitcoin Price Chart | 29.05.2019

At the moment of press, Bitcoin price is $8601; losing about 1,28% in last 24 hours. Today's lowest value of $8487 was reached around 6.00 UTC 29.05.2019.

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   51

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.