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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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