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Rumors regarding Bitcoin and price manipulation have been present for quite some time. It seems things are accelerating in this regard, with multiple investigations taking place as of right now. A new study indicates that Tether may have been involved in market manipulation in more ways than one.
The Tether Controversy Continues
Most cryptocurrency enthusiasts are well aware that Tether has been associated with Bitcoin price manipulation. Throughout 2017, it seemed the Bitcoin price was being propped up by some unknown factor. Although speculation has been running wild in this regard, a lot of the discussions touched upon Tether’s involvement.
With this company “printing” more USDT tokens whenever the Bitcoin price fell, an interesting correlation became apparent. Although such evidence is circumstantial at best, it also shows there is no such thing as coincidence in the world of cryptocurrency. Proving that Tether is doing anything wrong will prove challenging, for rather obvious reasons.
Rumors regarding Bitcoin and price manipulation have been present for quite some time. It seems things are accelerating in this regard, with multiple investigations taking place as of right now. A new study indicates that Tether may have been involved in market manipulation in more ways than one.
The Tether Controversy Continues
Most crypto currency enthusiasts are well aware that Tether has been associated with Bitcoin price manipulation. Throughout 2017, it seemed the Bitcoin price was being propped up by some unknown factor. Although speculation has been running wild in this regard, a lot of the discussions touched upon Tether’s involvement.
With this company “printing” more USDT tokens whenever the Bitcoin price fell, an interesting correlation became apparent. Although such evidence is circumstantial at best, it also shows there is no such thing as coincidence in the world of crypto currency. Proving that Tether is doing anything wrong will prove challenging, for rather obvious reasons.