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Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. This isn’t the first time the dollar-pegged stablecoin has been blamed for market manipulation, but is the most compelling evidence to date that 2017’s record highs may not have been entirely organic. […]
The post New Report Blames Tether for Bitcoin’s Bull Run appeared first on Bitcoin News.
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Bitcoin has surged! Following yesterday’s new “high” of $6,900, bitcoin has jumped by over $700 and is now trading at just under $7,700. It’s a massive step forward following what has been a relatively “rough-and-tumble” week. The news marks a near 10 percent jump for the father of cryptocurrencies, though bitcoin was trading on Luxembourg exchange Bitstamp for a price of nearly 17 percent higher during the early morning hours. Bitcoin is also joined by other major cryptocurrencies such as ether and Ripple’s XRP, which have both enjoyed 10 percent jumps. Two analysts claim that large moves which occurred viaPowered by WPeMatico