Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2019-11-19 03:40:09

Longhash contests Bitcoin market manipulation theory

Blockchain education start-up Longhash has released a report that takes a stand against the 2017 Bitcoin market manipulation theory and claims that the Bitcoin bull run of 2017 could not be the result of a single whale. John M Griffin and Amin Shams revealed earlier this month that the dramatic Bitcoin price movements in 2017 were, in fact, caused by the inflated manipulation efforts led by the disputable cryptocurrency issuer Tether and the infamous cryptocurrency exchange Bitfinex. It shook the cryptocurrency space by stipulating that it was not the investors but a single whale driving the markets back in 2017.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer