Market Disruption Event: Bitfinex

Just recently, Bitfinex announced that USD deposits¬†will be rejected until further notice. In combination with their previous notice blocking USD withdrawals, this means that Bitfinex is no longer a viable USD/Bitcoin exchange, and we expect the pricing discrepancy between Bitfinex and other exchanges to increase as traders attempt to withdraw via cryptocurrencies. For this reason, … Continue reading Market Disruption Event: Bitfinex