Why the Bitfinex BTC Premium Matters

The crypto markets have been very interesting following the Bitfinex/Tether issues that have arisen in the media. But while things have been *relatively* stable following an immediate Bitcoin/crypto sell-off, a variety of factors are shaping up for increasing volatility.

Let's take a look at the Bitfinex BTC premium and the rising funding rates that are costing shorts an arm and a leg and why it all matters to you!

Keep an eye on the Bitfinex BTC premium with this chart:
https://www.tradingview.com/chart/BTCUSD/PlQY1tPj-Bitfinex-BTC-Premium/

Su Zhu's tweet: https://twitter.com/zhusu/status/1122527945094905856

Loomdart's tweet:
https://twitter.com/loomdart/status/1122522644035850244

CZ's response to "Binance insolvency" due to Tether:
https://twitter.com/nondualrandy/status/1121605143550681090

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**