Really Un‐Tethered?’ Bitcoin Price Manipulation Returns With New Research


Days after Tether (USDT) gained a higher market cap than Monero and Dash, new research has reignited suspicions that the altcoin “manipulated” Bitcoin prices. 

The product of two researchers at the University of Texas, the paper — titled Is Bitcoin Really Un‐Tethered? — claims to have identified potential evidence of direct price manipulation since November 2017. Bitcoin’s all‐time highs around $20,000 one month later — and those of major altcoins — were also a result of Tether flooding the market with coins, they say.

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