Tether Storm Blowing Over
Now with the Tether fud out of the way we can get back to normal in the crypto world and wait for the BTC price to stabilize across all markets.
Fidelity Gets Into Crypto
Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries.
Bitfinex To Launch Improved Fiat Processing System Today
Bitfinex announced on its blog and social media page explaining that the suspension of fiat processing was a way to improve it's fiat processing system. This was met with an outcry from Bitfinex users at the time, but hopefully the new system will appease it's users.
“Complications continue to exist for us in the domain of fiat transactions, as they do for most cryptocurrency-related organizations. However, we continue to do our utmost to minimize any waiting times associated with fiat deposits and withdrawals.”