The murky relationship between the bitcoin price and “tether” tokens is raising suspicions – Quartz


Quartz

The murky relationship between the bitcoin price and “tether” tokens is raising suspicions
Quartz
As the bitcoin price has surged, so has the supply of a digital token called tether. Tethers are tokens backed by US dollar deposits, with each tether always worth one dollar. This allows cryptocurrency traders to cash in and out of bitcoin quickly ...

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