Must-reads for August 28, 2018

Tether (USDT) New Intervention Lifts Bitcoin (BTC) to $6,800 (Cryptovest) In answer to the question, “Why is bitcoin trading above $7,000”, note that $50 million in tethers were sent to Bitfinex just a few hours before the rally, though $30 million went back shortly thereafter.   Bill Cosby Using Bitcoin To Keep Creditors, Government & His Wife From $500M Fortune (Radar) This is a kind of weird story that seems to rely on “sources.” Nonetheless, if true, it means the 81 year-old star of “Leonard Part 6,” who made millions of dollars selling sugary snacks like Jell-O and Coca-Cola to children, is hiding his money. Hey, Bill, your money can’t…