Search results for Bitfinex
Crypto
Bitcoin supply structure reshaped in 2026 as 290,000 BTC leaves retail hands
Bitcoin ownership is shifting in 2026 from short-term individual investors to long-term holders and institutions. Over the past 30 days, short-term holders reduced holdings by about 290,000 BTC, while long-term holders, exchange-traded funds and structured strategies absorbed more than 370,000 BTC. Coins dormant for more than 155 days rose sharply, and institutions also took in most newly mined supply. ETF inflows continued even during extreme fear readings, while exchange reserves fell.
Crypto
Tether expands bitcoin reserves, maintains 15 percent of quarterly net profit buying policy
Stablecoin issuer Tether moved 951 bitcoin from a Bitfinex wallet to its reserve wallet, a transfer valued at $70.5 million at the time, according to Arkham Intelligence data cited by The Block Crypto. The move lifted Tether’s bitcoin reserves to 97,141 BTC. Tether said in 2023 it would allocate 15 percent of quarterly net profit to bitcoin purchases and has continued expanding reserves, with its website showing bitcoin makes up about 4 percent of more than $190 billion backing USDT.
Crypto
Bitcoin\'s next move hinges on oil stability as Hormuz risk returns
Bitcoin has climbed back above $71,000 after sliding near $67,000, tracking a roughly 15 percent drop in oil prices following a U.S.-Iran truce. Analysts say the durability of the rally depends on whether oil stays weak, which could revive expectations for U.S. rate cuts and support non-yielding assets. Risks remain as renewed regional tensions and reports of disrupted oil shipping through the Strait of Hormuz raise fears of another oil surge.