Tether (USDT) Starts September with Treasury Intervention By Cryptovest

Tether (USDT) Starts September with Treasury Intervention

(BTC) prices are once again finding support from Tether (USDT), after the treasury wallet sent 100 million tokens to the Bitfinex hot wallet, in yet another move allegedly aimed at propping up cryptocurrency prices.

The transaction, completed in the afternoon of September 2, has depleted the treasury, which now holds a little above 130 million USDT. In previous days, Tether retired two batches of tokens – 30 million tokens on August 29, and another 40 million on August 31.

Tether interventions in August supposedly helped lift BTC prices to key levels, at first saving the coin from dropping below the $6,000 level. Next, …

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Related Posts

Add Comment