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Posts Tagged ‘Price’

What Do We Know About the CFTC Price Manipulation Probe

On June 8, it was reported that the U.S. Commodity Futures Trading Commission (CFTC) demanded extensive trading data from several cryptocurrency exchanges in order to investigate whether there has been price manipulation in the crypto market. Earlier, on May 24, Bloomberg reported that a criminal probe into Bitcoin (BTC) and Ethereum (ETH) price manipulation by…

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Bitcoin Price Recovery In Play If Key Support Holds

Bitcoin (BTC) is still in recovery mode, but the bulls must keep prices above key support seen just below $6,500 to maintain momentum, the technical charts indicate. The cryptocurrency clocked a high of $6,736 on Bitfinex yesterday amid signs of a bear breather. However, bargain hunters were short in supply and prices fell back below…

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When Moon(ero): The Mystery of Monero’s Declining Price

Matthew Hrones · June 16, 2018 · 3:00 am The popular privacy coin has been one of the worst performers in the past month, especially since the pullback in early May. It has been steadily dropping in BTC value since late April, and it raises the question, why? Privacy Isn’t Selling, Apparently Monero is a…

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Bitcoin Price Drop Caused by Futures Expiration, Tom Lee Says

Georgi Georgiev · June 15, 2018 · 9:00 am Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the…

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‘Really Un-Tethered?’ Bitcoin Price Manipulation Returns With New Research

Wilma Woo · June 13, 2018 · 1:00 pm Days after Tether (USDT) gained a higher market cap than Monero and Dash, new research has reignited suspicions that the altcoin “manipulated” Bitcoin prices.  Cryptocurrency Highs Fuelled By Tether The product of two researchers at the University of Texas, the paper — titled Is Bitcoin Really Un-Tethered?…

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$97: Litecoin Price Hits Fresh 2018 Low

The price of litecoin (LTC), the world’s sixth largest cryptocurrency by market capitalization, fell to a fresh 2018 low on Wednesday.   Data from Bitfinex shows the cryptocurrency slipped to $97.04 today – the lowest level since Dec. 8 in 2017, reflecting a 74 percent decline since its all-time-high at $379 seen on Dec. 19. Further,…

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Factors That Will Push Bitcoin’s Price Higher Are Gathering Steam

Julio Gil-Pulgar · June 12, 2018 · 10:30 pm The hacking of exchanges and relentless attacks from financial powers have, in the short run, adversely affected the price of Bitcoin. However, once the news about these adverse effects fades, investors will be able to turn their focus to several bright ongoing developments. What Doesn’t Kill…

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