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CryptoCompare March Exchange Review: Institutional Traders Err On The Side Of Caution As Bitcoin Open Interest On CME Drops 15%

CryptoCompare March Exchange Review: Institutional Traders Err On The Side Of Caution As Bitcoin Open Interest On CME Drops 15%
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Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading

Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading
Date
09/02/2021
Bitfinex, a state-of-the-art digital token trading platform, successfully managed 400,000 ‘trading events’ per second yesterday amid a frenzy of speculation on bitcoin after Elon Musk s Tesla bought US$1.5 billion of the world’s biggest cryptocurrency.
Bitfinex cemented its preeminent position, delivering a high-performance trading experience while rival exchanges suffered downtime amid soaring website traffic as the bitcoin price spiked to US$48,000.
Bitfinex handled approximately 400,000 events, or connections, per second from a global customer base between 1pm and 5pm UTC on February 8th. These connections were composed of crypto investors seeking to trade or obtain a price for digital tokens. ....

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