NEWSBTC: Does Tether Manipulate Bitcoin Prices? Binance Support Boosts ICON - June 14th Cryptocurrency News

  • Thursday, 14 June 2018 12:10
Bitcoin continues to struggle. Negative news surrounding the crypto world continues to impact sentiment. Hitting headlines on Reuters is a research paper by the University of Texas. The authors believe Tether has a significant impact on the cryptocurrency market and is used to stabilize and manipulate Bitcoin prices. So let’s take a look at this paper called Is Bitcoin Really Un-Tethered? According to Reuters, Bitfinex and Tether CEO JL van der Velde“ said in a statement, (Neither) Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation”. We also take a look at ICON as it gained more than 13% after Binance announced its support for the token swap. ICON also recently announced partnerships with Carboneum and Deloitte. Sources: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066 https://support.binance.com/hc/en-us/articles/360004753992-Binance-Supports-ICX-Mainnet-Swap-and-Adds-ICX-USDT-Trading-Pair- https://medium.com/helloiconworld/icon-carboneum-strategic-partnership-4c75d239b6b4 Please remember this is news, not investment advice.

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