Another day - another trade #3. 10M new USDT hit the market.

in trading •  7 years ago 

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On 22th of August Tether printed another 10 millions of USDT. Bitcoin reacted by growth from 6450 to 6800. Which did not lat for too long.

Nowadays Tether is acting like a crypto Central Bank. It could single-handedly move prices by 10-20% by monetary and verbal interventions. And Tether is obviously too-big-to-fail in crypto world. What happens next with them?

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Printing press is on the run

Ох уж этот схематоз