Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price

Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price
фото показано с : btcmanager.com

2018-10-3 18:00

A recent academic study by Dr. Wang Chun Wei, a researcher at University of Queensland Business School, concluded that the “kingpin” of stablecoins, Tether (USDT), had no impact on the price of the bitcoin (BTC) during last year’s cryptocurrency bull run.

The study provides an interesting perspective on the claims that the USD backed stablecoin was the prime culprit for. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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2018-6-14 14:40


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Research shows Bitcoin’s price increased due to tether manipulation

The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. The published study states that the researchers used “algorithms to analyze the blockchain data, we find that purchases with tether are timed following market downturns and result in sizable increases in bitcoin prices.

2018-6-13 19:31