Yes they will. Unfortunately not for the right reasons. Derivatives are necessary, but over leverage and speculation of derivatives in an unregulated market is just asking for trouble. Should derivatives exist in crypto?
Could be Bullish…. Or maybe just people dumping their coins and playing it safe. I think tether is just the new bank account that yields 5% when staked.
The ratio of #Tether stablecoins on exchanges has risen to 22.5%, which is the highest level in over 6 months. This amount of supply converts to $8.99B, indicating a rising level of buying power accumulating on exchanges. https://t.co/Ew9XWwqO2N