This was a sarcastic article, highlighting the irony of the market, that the asset that seems to have a high counter party risk (Tether), is the one that has gone down the least...
Please do not take this as recommendation... I thought it was clear by writing these last two paragraphs:
Isn't it interesting how a 2 billion asset can reduce the marketcap of the whole cryptomarket by 400 billion?? And itself grow in its marketcap by all measures??
I could pull my hair out over this... What for a type of people have come into this market lately???
You are absolutely right .BITCOIN could crash up to 80 per cent if it turns out the price has been artificially pumped up by controversial crytpocurrency tether, analysts have warned.Tether, a so-called “stablecoin” which aims to maintain a value of one US dollar per tether, has been described as the “ticking time bomb” of the cryptocurrency world which could trigger the next “bloodbath” similar to the 2014 collapse of the Mt. Gox exchange.