Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price

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