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2019-10-02 02:49:30

Would newly printed $20m USDT pump Bitcoin price?

Tether has recently printed another twenty (20) million tokens instigating a new debate whether or not it would pump Bitcoin price. A prevailing concept in the cryptosphere suggests that Bitcoin (BTC) had artificial inflation of its price due to Tether. 💵 💵 20,000,000 #USDT (19,996,690 USD) minted at Tether Treasury Tx: https://t.co/jcJdlDHp3m — Whale Alert (@whale_alert) September 30, 2019 This news has popped up just a week after Tether’s previous mint, in which the company printed fifteen million tokens, right after the drop of BTC’s value to under ten thousand dollars ($10,000). Andrew Rennhack is a crypto-asset trader who