Total Supply of Tethers Increases By 20% in One Week (news.bitcoin.com)

The controversy surrounding the correlation between the release of new Tethers (USDT) and dramatic price spikes led by Bitfinex trading continues. 20 million new USDT were released shortly before a single market buy of approximately $ 13.5 million USD worth of bitcoin was executed on the 8th of November. The sudden spike in buying pressure quickly drove the price of bitcoin from $ 7075 to $ 7350 in less than 60 minutes. Since then, an additional 20 million USDT have been released into

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