The 4 most bearish headwinds for BTC
Bitcoin is poised to surmount these challenges, yet the intricate and advanced nature of the existing crypto market could prolong its return to stability.
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Updated: Apr. 29, 2023 at 5:33 pm UTC
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Tether
$0.99959
Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
Changpeng Zhao, widely known as CZ, is a Canadian Chinese entrepreneur and the founder of Binance, one of the world’s largest cryptocurrency exchanges by trading volume.
Gary Gensler is an American government official and former investment banker who served as the 33rd Chair of the U.S.
Binance
Binance is one of the world’s largest centralized cryptocurrency exchanges by trading volume, offering spot, derivatives, and earning products to a global retail and institutional user base.
Tether Limited
Tether Limited is the issuer of Tether’s family of fiat-pegged stablecoins, most notably USD₮ (commonly referred to as USDT), the largest U.S.
Mt. Gox
Mt Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan that was launched in July 2010.
FTX
FTX is a defunct cryptocurrency exchange, currently in bankruptcy proceedings, that was founded by Sam Bankman-Fried and Zixiao “Gary” Wang in May 2019.
Voyager
Voyager Digital is a bankrupt cryptocurrency exchange company in the United States that was founded in 2018.
Celsius Network
Celsius Network is a bankrupt cryptocurrency lending company that was founded in 2017 and headquartered in Hoboken, New Jersey.
