First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.
The cryptocurrency derivatives platform now offers put and call options contracts settled in the stablecoin tether (USDT).
Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success.
A New York judge ordered Bitfinex and Tether to turn over financial documents to the New York Attorney General's office, but left the timing to the parties to coordinate.
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.
The New York Attorney General's office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.