Cryptocurrency Analysis and News Portal
Unlike traditional financial markets, crypto exchanges are largely unregulated, and virtually every Bitcoin (BTC) and crypto trader is familiar with various stories detailing the degree to which certain aspects of crypto market price action is manipulated. Despite this, many traders feel like there is little they can do to avoid the
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[sociallocker id="55298"] The plaintiffs behind a class-action alleging that Bittrex and Tether drove the 2017 bull run through market manipulation have requested the issuance of summons to exchanges Bittrex and Poloniex. The lawsuit, first filed in October 2019, alleges that veteran cryptocurrency exchange Bitfinex and its sister company Tether inflated the
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Gibraltar’s minister for digital and financial services, Albert Isola, has announced forthcoming regulations to reduce market manipulation among blockchain firms.In an interview with The Banker published April 10, Isola also discussed his government’s decision to abandon its development of a legislative apparatus for token sales amid the bursting of
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One of the biggest names in crypto has joined in an ongoing argument about who will lead the class-action suit against Bitfinex and its affiliates over alleged market manipulation leading to Bitcoin’s 2017 bull run. Antonopoulos’s affidavitAmid a flurry of filings seeking to lead the class, Andreas Antonopoulos has come
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An Oct. 10 class-action lawsuit filed against iFinex Inc., the parent company of Bitfinex and Tether, was refiled on Jan. 8 in New York’s Southern District. The lawsuit by Young et al. was followed on the next day by a similar class-action filing by Bryan Faubus.The original lawsuit alleges
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With markets recovering, we take a look at Bitcoins' recent behavior and wonder whether it's still a safe haven? Later, we're joined by Galen Moore for quick discussion on alleged bitcoin market manipulation... Source
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The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin
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The action began at 3am UTC, with a sell order roughly 6 percent below the market price and hundreds of times larger than the norm on the exchange at that time. As that order fulfilled available bids, the ask price moved lower, dragging the market price down until it reached
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A paper that was initially released in 2018, which was claiming that Tether (USDT) manipulation was the cause behind the 2017 Bitcoin(BTC)trade bull run, has recently been updated with new analysis reinforcing its argument. Now, a different research is refuting this thesis.According to Professor John Griffin from the University of
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If you have been invested in XRP or cryptocurrency for the past two years you will be acutely aware of the fact that the market is heavily manipulated. If like me, you are not a billionaire you may be wondering how such rampant price suppression is tolerated or even possible. It turns
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