Evidence That Tether Is Manipulating Bitcoin Is Nonexistent

Evidence That Tether Is Manipulating Bitcoin Is Nonexistent
фото показано с : cryptodaily.co.uk

2018-9-24 13:30

It’s become a bit of a hot topic within the crypto-debate. Research carried out during the middle of 2018 suggested that movements of Tether (USDT) could have been disturbing Bitcoin and thus, could have been manipulating the price of Bitcoin.

This came as research found a correlation between significant changes in the price of Bitcoin and significant movements of USDT tokens.

What is Tether?

As a quick reminder, according to the Tether website:

“Tether Platform currencies are 100% backed by actual fiat currency assets in our reserve account.

Continue reading Evidence That Tether Is Manipulating Bitcoin Is Nonexistent at Crypto Daily™.

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Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of the […] The post Tether plans $500M investment into Bitcoin mining operations appeared first on CryptoSlate.

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