Bitcoin Price Falls Under $10,000 After Bitfinex, Tether Subpoena
US regulators’ scrutiny into Bitfinex, one of the world’s largest cryptocurrency, over its dollar-pegged digital token Tether has sent bitcoin sinking below $10,000.
Bloomberg is reporting that the US Commodities Futures Trading Commission (CFTC) has sent subpoenas to Bitfinex and Tether, the firm behind a namesake digital token that is directly pegged to the value of a US dollar and is used for widely used for trading among exchanges globally. While Tether says its $2.3 billion in tokens are backed by USD reserves, the CFTC and Tether’s skeptics have questioned that very claim.
Full article: https://www.ccn.com/newsflash-bitcoin-price-falls-10000-bitfinex-tether-subpoena/
It's another great time to buy! This is a little crazy though, right after the Largest heist in history just happened! I have used Tehter a lot and Im sure others have as well! It's just a messed up situation... Look on the bightside, you can get all of the alt coins almost half off!!! It's Like shopping at a discount store!!!
wow~It's a very useful message, thank you,
I will always support you,
I hope you will support me.
When will this fud end ? This is soooo depressing.
but why is it that very recently by that i mean since after the mile stone hit of bitcoin to $20k there have so much governmental interventions as regard the regularization of the crypto-world that has brought about massive fall in the market and of course fellas uses the same opportunity to spread fud. what could be the way out still remain the valid unanswered question.
Could be a scare tactic inorder for the Whales to jump in on Wall street and flood the market with Hundreds of Billions soon!! Just a Food for thought!!!
yeah i can't agree less, they flood the market with bad news and jump as a result.
@southforce thankyou so much for the information