Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.
This report presents analysis of cryptocurrency market movements during 2018 with special attention paid to the trends seen over June 11-17, 2018.
The report covers data on the crypto market movements during 2018. Special focus has been given to the analysis of changes taking place over May 7-13, 2018.
Coinspeaker partnered with ICOBox to provide our readers with this weekly analysis conducted by Professor Dima Kornilov and Dima Zaitsev devoted to cryptocurrency and digital assets markets changes that took place in February 2018, including over the last week (February 19-25, 2018).
Tether is yet to come clean on its alleged involvement with Bitfinex exchange and issuing USDT tokens which are alleged to have been not backed by the U.S Dollar.