The use of Tether (USDT) has been associated with institutional investors, but it is gaining traction in Russia. That is, at least, what we may deduce from recent accounts. The stablecoin, which is now ranked seventh in terms of market capitalization, has found a new use case with Indian importers. Indian dealers in Russia […]
Tag: tether
When BitMEX launched its Bitcoin (BTC) perpetual futures market in 2016, it created a new paradigm for cryptocurrency traders. Although this was not the first platform to offer BTC-settled inverse swaps, BitMEX brought usability and liquidity to a broader audience of investors. BitMEX contracts did not involve fiat or stablecoins and even though the reference […]
Bitcoin price is currently trading at just above $10,900, but it may not be doing so for much longer. As the…
The unthinkable just happened: Bitcoin derivatives trading platform BitMEX is being targeted by the CFTC for a variety of charges, and…