Tether Limited “Investing” in Bitcoin (BTC) is a Bullish Signal

Bitcoin (BTC) ranging but stable
A portion of Tether reserves was used to invest in Bitcoin (BTC)
Tether and iFinex, the parent company, are controversial though they play a crucial role in the ecosystem. Despite their claim that every USDT in circulation is pegged 1:1 against the USD, it appears that they are also investing in Bitcoin and other assets according to the latest Supreme Court transcript.
Bitcoin Price Analysis
Fundamentals
The controversy around Tether Limited, the official issuer