Did Tether (USDT) Really Manipulate the All-Time Price Highs of Bitcoin (BTC)?

did tether usdt really manipulate the all time price highs of bitcoin btc

Tether (USDT) & Bitcoin (BTC) – A new study has surfaced this morning putting Tether in the negative spotlight once again. Last December, Tether was subpoenaed by the U.S Commodity Futures Trading Commission to provide proof that the digital currency was in fact back by a reserve of U.S. dollars. Bitfinex was also subpoenaed due to it losing banking relationships, but continued to remain operational. CEO of Bitfinex, JL van der Velde, spoke out against the accusations last year in an emailed statement and said: “Bitfinex nor Tether is, or has…

Read More

Bitcoin Expert Says: 2018 Drop Was ‘Normal,’ – New Highs Will Follow

bitcoin expert says 2018 drop was normal new highs will follow

The bitcoin expert and senior market analyst at eToro, Mati Greenspan, explained that Bitcoin’s behavior is completely normal and that after reaching historical highs of around 20k a drop like the one seen during the first quarter of 2018 was to be expected. In an interview for The Express Mr. Greenspan mentioned that technical analysis better explains the reasons for the fall in Bitcoin prices than fundamental analysis. “I believe that more than fear of regulation that decline from the 20,000 peak was more of just a normal retracement.” Mr.…

Read More