If anyone tells you Tether was “exonerated,” they don’t know what words mean. Read the settlement.
Bubbles grow until they pop. Timing the pop, that’s the tricky bit.
I don’t know precisely what tiger iFinex and Tether are riding, but it clearly has teeth.
News from before the Fall.
The price went up in a triangular Fibonacci double-reacharound formation, moderated somewhat by both Makemake and Haumea being in Libra.
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
Crypto: “Take us seriously!”
FinCEN, Treasury: “Sure!”
Crypto: “No, not like that,”
I get my crypto market insights by watching the remote-viewing guy draw pictures of his psychic impressions on YouTube.
We just topped twenty billion alleged dollars’ worth of tethers! If you think this is sustainable, you’re a fool.
The US has a fair chance of obliterating the US crypto trading stablecoin market in the quest to rein in Facebook’s bad idea.