Omg Bitcoin Is Pumped More Then $1000 In Just 2-3 Hours Because Of USDT Delisting Update From Binance !!
Hello All Dear Steemit Friends,
So guys after a bad crash in Bitcoin and others Altcoins price in last week, now market is acting super Bullish and Bitcoin broke through $7000 mark within 2-3 Hrs. Today and I know many of you are still confused about what happened today that made this bull Trend,
So basically Many big cryptocurrency Exchange including Binance announced that they are going to D-list USDT from their Exchange because USDT is now no a trust worthy coin for them and for their investors bcz Account to a leading cryptocurrency news portal,
USDT is failed to provide proper proof to their investors and other companies that their Token is actually Backed by real Usd $$ and that is why people are seeing USDT as a upcoming biggest scammer in our cryptocurrency market and because of this most of the USDT Holder are now buying other Cryptocurrencies with USDT pair to save them selves from getting scammed.
As you can see that all Cryptocurrencies in top 10 are rising and USDT is trending at $0.94 only and this is not a good prive for a stable coin like USDT.
So guys try to be careful if you are holding your funds in USDT.😇
Thanks For Reading My Post
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i personally think its tether that has controlled the market downwards over the last 6 months.. Glad to see the back of them
Yes very likely, good to see others rising.
Most crypto coins are going up except USDT. OMG! How it happened?
Delisting effect.
There is another coin called "TUSD". What about it?
Working fine for now but don't know about inside news
Any speculation on steem price?
Not yet
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Hello @thecrytotrader, thank you for sharing this creative work! We just stopped by to say that you've been upvoted by the @creativecrypto magazine. The Creative Crypto is all about art on the blockchain and learning from creatives like you. Looking forward to crossing paths again soon. Steem on!