Caitlin Long, the CEO of Avanti reveals the reason behind the sell-off of other cryptocurrencies and advises traders to avoid risk, on Thursday. The value of stablecoin’s reserves more space in the crypto market leading to more sell-off of other cryptocurrencies and reducing bitcoin price as well. Added to this,
-Bitfinex announced that it repaid the remaining balance of a $550 million loan to Tether.-In 2018 Bitfinex borrowed $750 million from Tether.-Moreover, Tether is one of the most liquid exchange pairs with BTC. Crypto exchange Bitfinex announced that it repaid the remaining balance of a $550 million loan to its
TETHER When there is no stability on coins value and it is volatile, users will be confused about buying goods and services in fear of losing coins value. Though the cryptocurrencies like Bitcoin and Ethereum have been used more for transactions like online payments, they are not reliable using it
Stax, an Australian crypto-friendly capital raising platform announced that West Coast Aquaculture (WCA) will conduct its first Initial Public Offering (IPO). WCA is a company that operates an aquaculture farm in Australia. It will allow investors to participate in its IPO purchase equity using the cryptocurrency Tether (USDT) or Australian
