I think the only thing that is currently hindering the next bull phase in the market is the pending Tether scandal - which has the potential to be the ultimate scandal... Think about it, if it were to blow up, there would be waves of fear articles all over the media (similarly to what we saw last month), people would divest quickly and run to fiat gateways (Coinbase, Kraken, etc.) and, definitely, the reputation of crypto would be further severely impacted.

The current good news you post does indeed boost the market sentiment but to what extent? If the claimed (!!!) market manipulation is true, that would mean we are at a significant overvaluation. I am a firm believer in the technology and fundamental value of these projects, however, currently they are only that - projects. A severe market crash might not lead to people losing money, per se, (disclaimer: if you are not invested in crypto through leveraged CFD, that is) but it will lock your funds for a significant amount of time. What is your take on the whole Tether scandal?