| submitted by /u/HitWithTheWOWeffect
Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently a Ph.D. student at the University of Groningen analyzed the situation, and his findings reveal the theory of new tethers pumping…
Oracle of Omaha, Warren Buffett, said on CNBC Wednesday morning that the speculation in bitcoin, and other cryptocurrencies, "will have a bad ending." Cryptocurrencies have fallen 10 percent to 20 percent in value in recent days. Anytime bitcoin is mentioned, it is expressed in U.S. dollar terms.
Google Alert – bitcoin