Tether mints $1 billion USDT: Is this a bull signal?

Tether mints $1 billion USDT: Is this a bull signal?

full version at ambcrypto
Market participants ignored Tether's explanation, fueling a surge in Bitcoin's price to $65,254, up from $60,200 on the day of the minting.

Recent conversions

0.033 BTC to CZK 0.067 BTC to EUR 1 BTC to KWD 2000 RON to ETH 40 SOL to AUD 2000000 SHIB to GBP 0.011 BTC to EUR 15000000 KRW to CZK 100 BITS to EUR 0.00000030 BTC to AUD 0.49 SOL to EUR