Technically, BTC/USD is bearish but with increasing adoption and an optimistic market expecting entry of institutional grade investors thanks to Fidelity Custodial Services, launch of NASDAQ Bitcoin Futures and a likely approval of Bitcoin ETF by the SEC, digital asset investors are set to gain. However, before traders begin ramping up, prices must first expand above $4,700 and the re-emergence of Satoshi Nakamoto could first track this. After 8 years Satoshi Nakamoto logged into P2P Foundation group! He posted one word in Arabic which means… “light” What does it mean?…
Day: December 3, 2018
Is Tether Trying to Price Itself out of the Stablecoin Wars?
Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to redeem USDT for USD) and in turn, Tether, with nearly $2 billion it outstanding units, had to re-establish direct redemption for USDT holders to USD. Those still wanting to use the Bitfinex method will have to trade at normal rates, which are frequently not-quite-pegged to the dollar. Source: CoinMarketCap Well, fine. But here’s the problem: Tether’s fees and limits are sort of outrageous, especially compared to its much more recent…