Today's Hot Topics

Why Tether Probably Isn’t Manipulating The Price Of BTC

Over the past few months, the movement of Tether tokens (USDT) has been accused of being able to manipulate the price of Bitcoin. It’s a complicated concept, but many believe that using Tether to back FIAT currencies is having an impact on the price of Bitcoin. This is alleged to be happening in waves, as those that maintain Tether produce new tokens in order to keep up with the flow of it’s FIAT connections. This idea materialised a couple of months ago, when a research paper from the University of Texas was published which refers to the timings of Tether...

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Tethers Role As A Central Bank For Crypto

Tether, the celebrity of the stablecoin world and one of the most ‘traded’ ‘cryptocurrencies’ in the world. I say this in inverted commas, as it’s status is a little hard to grasp, this aside, Tether has made a name for itself and is now as viable an asset as the US Dollar, and the range of other FIAT currencies that is is tied up too. The Wall Street Journal have recently published a very in depth report into the status of Tether, a report that Cryptoglobe have dissected to explore Tethers role as a ‘central bank’ for cryptocurrency. The full...

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Tether In Controversial Double Spend Attack

Tether is a cryptocurrency with a growing reputation. Very recently, Tether has been noted to have some impact on the value of Bitcoin, in fact research has recently found that Tether has been used to manipulate the price of Bitcoin, bringing into question a whole host of problems and questions. Regardless of this, Tether has seen some growth recently, moving up to ninth place for market capitalisation according to Coinmarketcap.com, with a market cap at the time of writing, of $2,700,621,552.00. As we know, Tether is considered a stablecoin, this is because the value of Tether is tied to the...

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The Crypto Refresh June 17th 2018

We are back again with our weekly refresh of all things crypto. The crypto refresh is designed to bring you a weeks’ worth of cryptocurrency news in a bitesize format. We appreciate that you might not always have time to trawl through the headlines so therefore, each weekend we summarise the best bits for you. Of course, this is a concise version of events, we can’t fit it all into the crypto refresh or we would be here all day, so, for a full and comprehensive summary of the week, feel free to browse our archives at your leisure, here’s...

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New Reports Find That Tether Is Being Used To Manipulate Bitcoin Price

In an unexpected turn of events, a new report by the University of Texas has found that ‘stablecoin’ Tether could be being used to manipulate the price of Bitcoin and thus, change the direction of the markets. This research stems from an extensive study into the freak performance of cryptocurrencies at the end of 2017 and the start of 2018. If the findings are accurate, not only could this explain an awful lot, this could help to shift the way the entire world see’s currencies such as Bitcoin. Tether is a stable coin that follows the price of the US...

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