Bitmex: Tether ‘Possibly’ Has Enough Cash Reserves, Could Still Be Shut Down
Bitmex Research reports shows that while Tether probably has enough fiat reserves, it is at risk of a regulatory shutdown. #NEWS Go to Source Powered by WPeMatico
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Bitmex Research reports shows that while Tether probably has enough fiat reserves, it is at risk of a regulatory shutdown. #NEWS Go to Source Powered by WPeMatico
Tether is quite an interesting company with a rather dubious reputation among cryptocurrency users. BitMEX, one of the more popular exchanges, sees no issues with this company or its tokens. It is good to hear such an outspoken opinion being expressed, even though it remains to be seen if BitMEX isn’t backing the wrong horse in this … Read more
The cryptocurrency landscape has changed significantly over the past 12 months. Gone are the guaranteed returns of 5x, 10x or greater on ICOs, as a growing number of investors clamor for a piece of the pie. New coins, new forks, and new airdrops have created a competitive marketplace characterized by diminishing returns and reduced profits. … Read more
Up until now, bitcoin has largely been behaving as an uncorrelated asset. This got a lot of people excited, categorizing bitcoin as a future digital gold or a safe haven asset. The worst thing about this recent dip in price ($5,873, GDAX) was not the decrease in the price itself. Much more daunting for bitcoin, … Read more
Despite being associated with cryptocurrencies such as bitcoin and ethereum, ripple’s status as a decentralized currency is a matter of dispute. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied. A new report from Bitmex Research, whose cryptocurrency analysis … Read more
Last week, I made an analysis of the bitcoin price situation. My analysis noted that while the rumors of Wall Street price manipulation was most likely false, the fear was real. Despite that, the price did not break under $10,000. Because my inclination towards bitcoin is bullish (based on the the positive sentiment around the … Read more