Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
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The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards…
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Paolo Ardoino, the CEO of the top stablecoin issuer, Tether, has recently highlighted the institutional skepticism around Bitcoin ($BTC) adoption. As per Paolo Ardoino, institutions are still hesitant when it comes to adopting $BTC. He considers the lack of knowledge as the key factor behind this fear. INSTITUTIONS ARE STILL…
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…