On Saturday, reports revealed that Bitfinex, one of the largest crypto exchanges in existence, unveiled official plans to sell $1 billion worth of an asset called LEO. While this seems innocuous, a leading analyst warns that it could be a detriment to Bitcoin (BTC). Related Reading: Bitfinex Premium Continues To ‘Rally’ Even After Bitcoin (BTC)...The post Fundstrat: Bitfinex $1B IEO Raise Could Pressure Bitcoin (BTC) Lower appeared first on NewsBTC.
