Daily: Fake USDT News / Markets spike up as people bail on USDT / Ethereum

in #bitcoin6 years ago

Fake news about USDT spread like wildfire today, causing unsuspecting people to panic sell in Bitfinex exchange or dump USDT. This created a spike increase in Bitcoin and Ethereum Prices. Ethereum Constanipole goes live on Ropsten testnet. Hong Kong SFC contemplates new crypto specific regulations

1:12 Market analysis
1:41 Fake news galore : “USDT delisted from Binance”
3:31 Ethereum’s Constantinople running on Ropsten
4:58 Hong Kong SFC wants to introduce crypto regulation

Answering USDT fake News: https://twitter.com/cz_binance/status/1051763178026065921

Ethereum Ropsten Testnet: https://ropsten.etherscan.io/

Hong Kong SFC: https://cointelegraph.com/news/hong-kongs-security-watchdog-to-propose-crypto-regulation-chairman-says

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I've not seen a stablecoin that is really stayed at 1$.

true. remember the days when steem dollar was $10?

Sure i remember.
Stablecoin-trading could be the next big thing :D

The markets can change so quickly, Just overnight a firestorm of fake news. I never know what I will see when I turn on my phone in the morning! 🙃
Resteemed

Amazing how that happened!

Posted using Partiko Android

I just wait for the bull run. Hope the 2017 crypto market will be reloaded very soon.

Markets are so low I hope to rise as soon as possible Really a very special article Well done publishing😊😊

Thanks so much @roselover!

Michael, your anti-fud vaccine video is taking effect. Tether is now returning to 1 dollar ($0.978). Looks like market manipulation is still an issue in this space. I noticed that several exchanges have suddenly listed alternative stable coins today. That's a coincidence!

Amazing how delicate the market is to these types of news. It shows how highly inefficient prices are in this market. Some would think of this as an opportunity to make a good arbitrage trade for Tether trading below the $1 peg.

Yeah! its not zero risk arb because we can't guarantee Bitfinex is solvent. situation is overblown is all we know.

Hi dear sir
your article is very useful crypto for right direction and best investment in crypto currency for long term investment

Great video about the FUD. Especially, that a team or a person spread the fud. They probably make a huge profit with this fake news. I wouldn't surprise me if the market is red tomorrow​.

shit evey time this is happing ist so hard to exsplan to non crypto user.
on the hold way of crypto. a dont even care anymore. fake news is just like hacking make you holding safe by do some research when it happens. make sure you know if it's fake or not befor jumping ship.

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