According to @nic__carter, the Griffin and Shams paper’s publication in The Journal of Finance and its acceptance in media and policy circles to bolster crypto views in Washington, D.C. is a scandal that has not been scrutinized adequately (source: Nic Carter on X, Nov 3, 2025). The referenced study, Is Bitcoin Really Un-Tethered? by John M. Griffin and Amin Shams, was published by The Journal of Finance in 2022 and reports that large USDT transfers to exchanges were associated with subsequent BTC price increases during 2017–2018 (source: The Journal of Finance, 2022). For trading, the paper’s core empirical claim links Tether issuance to BTC price support, making USDT supply changes and exchange transfer flows a key watchlist metric when assessing liquidity-driven rallies and resilience in BTC (source: The Journal of Finance, 2022). Carter argues the study has been used to bolster crypto policy views in Washington, highlighting the need for traders to track U.S. stablecoin policy developments, which have been formally prioritized for oversight by U.S. authorities (sources: Nic Carter on X, Nov 3, 2025; President’s Working Group on Financial Markets, Report on Stablecoins, Nov 2021).

According to Greeks.live, this week (6/23-6/29) features numerous high-impact economic speeches and meetings, with stablecoin-related policy developments taking center stage. Traders should closely monitor regulatory updates on stablecoins, as these can significantly affect market sentiment and trading volumes for major cryptocurrencies like BTC and ETH. The anticipated policy shifts are likely to drive volatility and liquidity changes across both the stablecoin sector and the broader crypto market. Monitoring these events can help traders adjust their risk management and capitalize on potential price movements. Source: Greeks.live (Twitter, June 23, 2025).

According to Fox News, Stephen Miller publicly challenged CNN's assumptions regarding the scope of Donald Trump's executive power, highlighting potential shifts in regulatory policy if Trump is re-elected (source: Fox News Twitter, May 31, 2025). For crypto traders, any changes in U.S. executive authority could lead to accelerated or delayed regulatory actions affecting digital assets, particularly in areas like SEC oversight and stablecoin policy. Market participants should monitor political developments closely as regulatory uncertainty remains a key driver of crypto price volatility.