Bitcoin, Tether and The Fed: Web3 Thoughts of the Week

A Bitcoin bounceback? Tether troubles? Fed fluctuations? These and more occupy this edition of Web3 Thoughts of the Week.Fed response key to Bitcoin bounceback“The scale of this pullback is the market’s response to uncertainty, not a collapse in underlying demand. Many investors have been reducing exposure because they lack clarity on the Federal Reserve’s next move, among other reasons. Once that clarity arrives, positioning will likely shift quickly.“More than $19 billion in long positions have already be ...