Tether Watch Might Help Predict Bitcoin Price – Analysts

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Tether Watch Might Help Predict Bitcoin Price – Analysts

By tracking issuance of new ERC-20 Tether (USDT) tokens, traders could predict bitcoin (BTC) price and move faster in and out of the crypto market, according to Sid Shekhar, co-founder of TokenAnalyst. Blockchain intelligence firm TokenAnalyst looked into the correlation between BTC price and USDT supply, after observing that 2019 alone saw a net total of USD 1.5  Read more »
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