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RE: It’s all good news for Bitcoin next week. HODL on!
I find it a little interesting that the sell-off began as soon as the news about Bitfinex's bank account @ ING came out.
I find it a little interesting that the sell-off began as soon as the news about Bitfinex's bank account @ ING came out.
Do you think this could turn into a black swan? Do share links to info with news about this. Best regards!
Here is one of the articles: https://www.reuters.com/article/us-crypto-currencies-bitfinex/ing-says-cryptocurrency-exchange-bitfinex-has-an-account-with-it-idUSKCN1G42MU
I find the last paragraph in that article to be hinting at more complications for Bitfinex. The Tether drama is still weighing on the market and any news regarding Bitfinex and Tether usually causes a sell-off.
It's too early to tell if this will actually bring any real regulation or how long it would take. Markets are jittery like this though so it could be contributing to the current correction in prices.