It should be great for bitcoin as it should become the crypto of choice once again for exchange trading pairs. However, Tether keeps trading with little discount which is weird to see as well. When news is ignored, it may be positive.
Posted using Partiko iOS
they took a bit of a hit but their assets I believe are now frozen so I dont think much trading will happen on the coin anymore as we move forward. The company is unable to take money or push anymore Tether.