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Topic: Did bitfinex leave whale pool? What happens in the market future (Read 130 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Lots of users have withdrawn their assets from this exchange as a result of the controversy and although the stablecoin its affiliated with is not fully backed at the present moment its likely this situation will be resolved satisfactorily over the coming weeks however, this issue is not likely to have any impact on the outcome of the next boom as it will be driven mainly by institutional investment in regulated products such as ETFs and not in exchanges such as this
This has already expected by so many parties but the fact that bitfinex scandal about the bitfinex borrow a lot of tether from the tether company has destroyed its reputation. No more people will believe in bitfinex and they are all moving toward the new exchange site. Look at the volume right now.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Bitfinex always acted shady about Tether. And that create fud over and over.

It seems people is not sick of that and leaving bitfinex. I can't blame them.
sr. member
Activity: 700
Merit: 250
https://bitinfocharts.com/zh/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
No longer purchased and greatly reduced
Binance does not know how to speculate and manipulate
What will happen in the next bull market?
As more and more bad information about USDT, Bitcoin tends to rise and this has lasted for the past 2 years. I believe that instead of worrying, you should consider investing because Bitcoin will be the next safe destination for this market. In fact, every year USDT creates more than 300 million USD and this makes many people feel anxious but that is the best way to create liquidity for investors so USDT is still the number choice one in this market
hero member
Activity: 1344
Merit: 502
Lots of users have withdrawn their assets from this exchange as a result of the controversy and although the stablecoin its affiliated with is not fully backed at the present moment its likely this situation will be resolved satisfactorily over the coming weeks however, this issue is not likely to have any impact on the outcome of the next boom as it will be driven mainly by institutional investment in regulated products such as ETFs and not in exchanges such as this
hero member
Activity: 1414
Merit: 516
Well i think on next bull run we can have a new ATH even if bitfinex will not be used so much, and maybe people lose trust because the USDT problem and US authorities ask them to proove they have backed up all USDT funds on real banks.
newbie
Activity: 63
Merit: 0
https://bitinfocharts.com/zh/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
No longer purchased and greatly reduced
Binance does not know how to speculate and manipulate
What will happen in the next bull market?
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