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RE: Stablecoin Tether Faces Volatility, Affecting Bitcoin Prices
Wasn´t Tether also involved in concerns about manipulating the BTC price up to the "insane" levels we saw in Dec 2017?
https://medium.com/coinmonks/statistical-analysis-of-bitcoin-price-manipulation-by-tether-issuance-in-late-2017-b3342b8915a0
So if it is going down now, I am not sure if it is a good sign for BTC or even a bad sign (as investigator trust in cryptos in general will get hurt).
@Hi stayoutoftherz, wow that's a very detailed report you have shared there. Yes agreed, together with the launch of Bitcoin futures and a possibly less regulated coin market in Dec 2017 could ahve pushed the prices sky high. It's a good sign as people caught on, getting it regulated, and hopefully bringing back the stability that Bitcoin's future entails.