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Rebuttal To Tether Manipulating The Price Of Bitcoin
New research published this week by professors at the University of Texas allegedly found that Tether, a cryptocurrency pegged to the U. S. dollar, was used to manipulate the price of bitcoin during the peak of its rally in 2017. дальше »
2018-6-16 04:16 | |
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This paper investigates whether Tether, a digital currency pegged to U.S. dollars, influences Bitcoin and other cryptocurrency prices during the recent boom. Using algorithms to analyze the blockchain data, we find that purchases with Tether
Using algorithms to analyze the blockchain data, we find that purchases with Tether are timed following market downturns and result in sizable increases in Bitcoin prices. Less than 1% of hours with such heavy Tether transactions are associated with 50% of the meteoric rise in Bitcoin and 64% of other top cryptocurrencies. The flow clusters дальше »
2018-6-13 19:39 | |
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