Bakkt Bitcoin Dump! What's Next? Tether Pump or Dump?

18,954 Views · Posted 5 years ago

Bakkt Bitcoin Futures launched, and so far have been underwhelming. What is next for BTC?? To answer that, we should look to nothing other than…..TETHER $USDT! Tether currently controls 75 percent, of the fiat based & stablecoin market. This is even after, it has proven to be only 75 percent backed. Today, we examine current Tether trading volumes, who could be doing it and why. And what does this mean for the future of Bitcoin & the crypto markets.

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⏰ Time Stamps ⏰
00:08 Introduction
00:34 Bitcoins Head Is Not Above Water....
01:10 The Money Flow Into Crypto: Data & The Facts: Tether vs Fiat
02:13 The Exact Figures
02:52 Why Is Tethers Dominance Alarming??
04:06 Binance Has Been Up To No Good With Tether
05:32 What Could Be Going On With Tether: A Theory
07:14 Is The Demand For Tether Real?: The Russia & China Argument
08:18 Concluding Thoughts
08:39 Outro

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