Tether Printing Press Causes Fewer Cryptocurrency Price Swings

Cryptocurrencies and digital assets are notoriously volatile markets. Vast price swings can appear out of nowhere. At the same time, creating artificial “pumps” in the cryptocurrency world has become a lot more difficult. The role of Tether in these schemes still remains unclear.

Tether Supply Keeps Increasing Rapidly

The month of August 2018 has been interesting for Tether. With another half a billion tokens added to the supply, experts expected a major Bitcoin price pump. So far, nothing of the sort has happened. It is an example of how difficult it becomes to influence cryptocurrency markets. For the overall industry, it is another sign of maturity.

Cryptocurrency price manipulation is a touchy subject. Such events are hinted at quite regularly. In most cases, the discussions involve the Tether asset. With the increasing supply and lack of price action, most rumors are put to rest. Whether it is coincidence or a logical outcome, remains to be seen.

Things look very different…