The crypto markets have been very interesting following the Bitfinex/Tether issues that have arisen in the media. But while things have been relatively stable following an immediate Bitcoin/crypto sell-off, a variety of factors are shaping up for increasing volatility.
Let's take a look at the Bitfinex Bitcoin premium and the rising funding rates that are costing shorts an arm and a leg and why it all matters to you!
Keep an eye on the Bitfinex BTC premium with this chart:
https://www.tradingview.com/chart/BTCUSD/PlQY1tPj-Bitfinex-BTC-Premium/
Su Zhu's tweet:
https://twitter.com/zhusu/status/1122527945094905856
- zhusu
Loomdart's tweet:
https://twitter.com/loomdart/status/1122522644035850244
- loomdart
CZ's response to "Binance insolvency" due to Tether:
https://twitter.com/nondualrandy/status/1121605143550681090
- nondualrandy
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
