Tag: financialcrisis

Cantor, Tether, SoftBank's $3.6B Bitcoin Bet Exposes A Deeper Crisis

Cantor, Tether, SoftBank's $3.6B Bitcoin Bet Exposes A Deeper Crisis

$3.6 billion. Let that number sink in. The Bitcoin that Twenty One Capital will issue will be worth at least this much. Despite these challenges, it boasts formidable support from heavy hitters such as Tether and SoftBank. While some are celebrating this as a bullish sign for crypto, I see...