Tether Donation Criticized by Dorsey Amid BTC Reserve Build
Tether come donate $250,000 to OpenSats to help develop Bitcoin, but Jack Dorsey no gree as e talk say the money no match wetin Tether make na $13 billion profit last year and their plans to raise $20 billion. Paolo Ardoino wey be Tether CEO defend the money say e show how dem serious about open-source Bitcoin software and decentralisation. Dorsey compare am with the $21 million wey him Start Small Initiative promise and people still dey ask am about how him Ocean mining pool dey operate. Meanwhile, Tether dey increase their Bitcoin stash, add 8,888 BTC to become the sixth biggest owner. The whole wahala show say crypto philanthropy, how money dey flow and company responsibility get gbege and e fit affect how market see BTC.
Bullish
Di tori togeba say Tether dey still dey gather BTC, add 8,888 coins for im reserve, e dey show say big oga dem still dey support Bitcoin well well, and that one dey usually mean say market go get confidence and price go dey push up. But di kain small small talk wey dem talk on top di small $250,000 Tether don give for donation fit make some people begin doubt how serious dem be for crypto development. But since di donation na small money when you compare am with di koko wey Tether hold, e no go too affect how plenty BTC fit move for market. So, di main thing wey take first place na di reserve wey dem dey gather, e pass di wahala, e show say price fit still go up for short and long time. Traders fit see am as sign say demand dey rise and oga dem still support am, so e go push BTC price go higher.