May 14: USDT Tether, the next black swan event?
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A comment made by Ripple's CEO on a podcast is getting a lot of attention. The comments seemed to be a jab at Tether, the issuer of the USDT stablecoin. Or maybe there just can’t be any smoke without fire? The proposal for FTX's restructuring, and redemption plan has been submitted. It's a huge plan, 163 pages long, and it doesn't look so promising. Let’s dig some shady details together. A new law is set to be submitted in Türkiye that aims to mitigate the risks associated with cryptocurrency trading and bring it in line with international standards, possibly removing it from the Financial Action Task Force's (FATF) 'gray list'.  Is it the beginning of meme stock rally? Gamestop, AMC’s stock has risen 73%, 48% respectively on Monday with one meme on Twitter. We are truly in a strange time.  Today’s News👇 https://cointelegraph.com/news/us-government-going-after-tether-ripple-ceo-claims https://www.dlnews.com/articles/regulation/the-wildest-details-from-the-ftx-bankruptcy-plan/  https://www.dailysabah.com/business/tech/bill-on-crypto-assets-set-to-be-presented-to-turkish-parliament  https://www.dlnews.com/articles/markets/gamestop-rises-70-possibly-a-favorable-sign-for-crypto/  https://www.dlnews.com/articles/markets/gamestop-rises-70-possibly-a-favorable-sign-for-crypto/  https://twitter.com/TheRoaringKitty/status/1789807772542067105  Participate in DCN👇 https://substack.com/@dcndailycryptonews https://twitter.com/DCNDailyCrypto https://www.youtube.com/@DCNDailyCryptoNews Contact & Partnership inquiry👇 [email protected] [email protected]  —————————————————————— ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!  ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.
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Published 06/27/24