The Bitcoin bull market this season is currently undergoing through ‘FUD-Phase’ where a series of FUDs have hit the market one after the other, many of which has already been debunked. After Bitcoin mining energy consumption FUD and China Bitcoin ban, it seems the long-running Tether FUD can make an entry.
Jim Cramer, the founder of popular business media publication The Street asked Pomp whether Tether is good for the market trying to indicate the possible accusations of market manipulation. Stuart Hoegner, the General Counsel for Tether and Bitfinex responded to Cramer’s query with the breakdown of their issuance reserves.
Recent assurance opinions here: https://t.co/esSyPi7jZShttps://t.co/FNmzY1kDiP
Naslednji atest za 30. junij
Breakdown of our reserves as of Mar 31 here: https://t.co/H19bbODPOa
Z veseljem se pogovorimo. Ne poslušajte nocoinerjev, ki želijo oportunistično podreti kriptosistem
oglas- Stuart Hoegner (@bitcoinlawyer) Maj 25, 2021
Privežite FUD suggests that Bitcoin price is often manipulated and pumped by the issuance of a significant amount of USDT in the market whenever the price of the top cryptocurrency takes a dip. The FUD also claims that USDT supplies are not backed by the US Dollar and the company issuing it prints just like the Federal Reserve. While there is no iota of evidence to prove such wild claims and Tether has also offered audited reports of its holdings, the market seems just right for another FUD.
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Noben bikovski trg ni popoln brez FUD-ov
Vsak bikov trg je videl številne FUD-je, bodisi kitajska prepoved Bitcoinov in zatiranje rudarjenja Bitcoinov, ki je izviralo leta 2013, bodisi Tether manipulacija cene Bitcoin-a, ki izvira iz leta 2017. Čeprav ti FUD-i niso razlog za skrb kripto veteranov, novi vlagatelji, ki se pridružijo sredi naraščajoče blaznosti, pogosto postanejo plen takšnih FUD-ov in zaradi njih nastane panika.
Tether and Bitfinex not only offered complete audit reserves something they have avoided earlier but also settled their two-year-long lawsuit against the NYAG, thus putting rest to all possible accusations against the stablecoin issuer.
Vir: https://coingape.com/is-tether-fud-next-after-china-bitcoin-ban-and-bitcoin-mining-energy-fud/
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