Bitfinex moves its derivatives business to El Salvador

The exchange wants to provide innovative solutions “to the underserved regions of Latin America.” Several Bitfinex businesses have already moved to El Salvador. Bitfinex Derivatives, the arm of the cryptocurrency exchange dedicated to the financial derivatives sector, announced that it will move its headquarters to El Salvador. This move comes after the company received a…

loans on Bitfinex skyrocketed

This Tuesday, multiple loan orders on the bitcoin (BTC) and cryptocurrency exchange Bitfinex were placed at annual percentage rates of 30%. Large traders have started increasing their positions heavily, emanating clear bullish signals for the bitcoin (BTC) and cryptocurrency market. According to Greeks.live, loan rates are they shot despite a small setback in the market,…