Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price ByAisshwarya TiwariPRO INVESTOR Updated: 09 September 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. A recent academic study by Dr. Wang Chun Wei, a researcher at University of Queensland Business School, concluded that the “kingpin” of stablecoins, Tether (USDT), had no impact on the price of the bitcoin (BTC) during last year’s cryptocurrency bull run. The study provides an interesting perspective on the claims that the USD backed stablecoin was the prime culprit for…Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News