Tag: Manipulative pricing

Federal Reserve Branch Adds Cryptocurrency Price Indexes [Yes, Really] | CCN

Federal Reserve Branch Adds Cryptocurrency Price Indexes [Yes, Really] | CCN

Announced on Tuesday, the Federal Reserve Economic Data (FRED), a database curated by the St. Louis Fed, will now include pricing data for bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC), going back to as early as 2014 in the case of bitcoin. Source: Federal Reserve Bank of St. Louis Data points are […]

Quebec Sets Higher Power Prices for Cryptocurrency Miners By Cryptovest | investing.com

Quebec Sets Higher Power Prices for Cryptocurrency Miners By Cryptovest | investing.com

In a bid to keep eager hordes of cryptocurrency miners at bay, Quebec will be increasing electricity prices until a more sustainable solution for catering to the growing demands of the energy-intensive industry can be found. As per a report by Bloomberg, the state-owned power generator Hydro-Quebec has been authorized to charge crypto and blockchain-related […]

Bitcoin, Ethereum, Bitcoin Cash, Ripple: Weekly Price Analysis And Prediction, June 18 | cryptona

Bitcoin, Ethereum, Bitcoin Cash, Ripple: Weekly Price Analysis And Prediction, June 18 | cryptona

From the price analysis, all the four major coins have had a rough time during the previous week. According to last week’s news, ripple wants to make an investment of $2 million in the Blockchain Research Initiative in the funding of the Blockchain based projects. Walmart now has a new Blockchain patent. Italian authorities were […]

Bitcoin price in free fall as cryptocurrency plunges past seven-month low | The Independent

Bitcoin price in free fall as cryptocurrency plunges past seven-month low | The Independent

The price of bitcoin has hit a seven-month low, dropping by $400 over the last few hours to below $6,500. Bitcoin’s price crash follows a hack on a cryptocurrency exchange earlier this week that resulted in a mass sell-off and also coincides with new research that suggests the value of bitcoin was artificially inflated in 2017. The […]

The Bitcoin Price Is Down 50% This Year Alone — Here’s Why | Forbes

The Bitcoin Price Is Down 50% This Year Alone — Here’s Why | Forbes

The Bitcoin price has today dropped 12%, taking its year-to-date losses to an eye-watering 50%, after South Korean exchange Coinrail warned users it’s reviewing its system due to a hacking attempt. Meanwhile, rival cryptocurrencies Ethereum and Ripple are both down over 10% today. The latest blow comes as the Bitcoin price struggles to find a […]

Australia beach town, Agnes Water All Set To Become Australia’s First Digital Currency Town | CoinGape

Australia beach town, Agnes Water All Set To Become Australia’s First Digital Currency Town | CoinGape

Tourism industry: A front-runner in adapting cryptocurrency Not just in Australia, a lot of countries are accepting or at least testing cryptocurrencies to boost their tourism. Caribbean nations were reported to be considering cryptocurrency to up its tourism offerings. Russia’s tourism officials have given multiple statements on the use of blockchain in transforming the tourism […]

Ripple CEO: Bitcoin’s influence over cryptocurrency prices is almost over | The Next Web

Ripple CEO: Bitcoin’s influence over cryptocurrency prices is almost over | The Next Web

Since their inception, altcoin prices have mostly risen and fallen with the price of Bitcoin. According to Ripple CEO Brad Garlinghouse, those days are numbered. “There’s a very high correlation between the price of [Ripple] and the price of bitcoin, but ultimately these are independent open-sourced technologies,” Garlinghouse told CNBC. “It’s early, over time you’ll […]

Why are cryptocurrency prices plummeting this time? | finder.com.au

Why are cryptocurrency prices plummeting this time? | finder.com.au

What’s Ether up to? Ether took a high dive, with interesting patterns emerging across different exchanges and coins. Its drop started on Bitfinex, but ETH prices followed suit on other exchanges before long and eventually went as low as $520 overall. However, on Bitfinex, they continued plummeting into the $400 range. Clearly one individual, or […]

Bitcoin Price Manipulation Steers World’s Top Crypto in Difficult Direction | NewsBTC

Bitcoin Price Manipulation Steers World’s Top Crypto in Difficult Direction | NewsBTC

The Manipulation Will not Stop The US Justice Department is looking into Bitcoin price manipulation right now. Whether or not they will find anything out of the ordinary, remains to be seen. Even so, indicting anyone for this manipulative behavior will pose another big problem. Large holders of Bitcoin can effectively influence the market with […]

I Would Be Shocked If Bitcoin Prices Weren’t Manipulated | Forbes

I Would Be Shocked If Bitcoin Prices Weren’t Manipulated | Forbes

According the FT and Bloomberg the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies.  Well, duh?  Of course they are. Whether the activities meet the legal definition of manipulation  or can lead to a criminal indictment remains to be seen, but I’d be shocked if […]