Despite Tether & Serenity News, Ethereum (ETH) Analysts Still Wary

All eyes may be focused on Bitcoin right now, but Ethereum (ETH) has seen a number of strong positive developments over recent days and weeks. Just the other day, Binance, one of the world’s largest exchanges, revealed that it would be changing its Tether (USDT) stockpile from Omni (Bitcoin-based system) to the Ethereum blockchain. (For those unaware, USDT exists on four chains simultaneously, these being Omni, Ethereum, Tron, and EOS.)

Binance’s Changpeng “CZ” Zhao told users of his platform last month that as soon as Binance’s ETH-USDT stash outweighed its Omni-USDT stash, it would convert over to the former.

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