2018-6-14 03:15 |
Markets and Prices
Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year.
Long-time tether critic Bitfinexed has been alleging as much for months, and successfully persuaded a portion of the cryptocurrency community that tether-led market manipulation was rampant.
The author of that report conceded, however, that only a complete audit of tether would settle the matter once and for all.
Bolstering the findings of today’s report into tether is the revelation that cryptos such as ether and zcash also pumped following the release of tether, with the green candles often breaking out on USDT exchanges first.
At 66 pages, and complemented by meticulous charts, citations, and algorithmical analysis, the authors of today’s report have produced the most comprehensive tether investigation to date.
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