Bitfinex Adds Margin Trading on Tether Gold With Pairs of Up to 5x Leverage
Bitfinex has launched margin trading for Tether Gold with select pairs of up to five times leverage.
Traditional markets continue to struggle during the coronavirus crisis while cryptocurrencies are seeing an upswing.
Prices in the crypto market are seeing such a steep upward trend that arbitrage traders are able to trade between exchanges to easily capture profit.
As cryptocurrency markets crashed hard in March, bid-ask spreads on major exchanges widened dramatically, according to a report by market maker B2C2.
Both cryptocurrency exchanges have reported distributed denial-of-service (DDoS) attacks on their systems in the last 24 hours.
Reginald Fowler has rejected a plea deal with the U.S. government in an ongoing case that accuses him of operating "shadow bank" services tied to crypto exchanges.