With no fixed acceptance of Bitcoin on traditional financial markets, investors have had to turn to other vehicles to make their investments in Bitcoin. However, in a field so little regulated as Bitcoin and cryptocurrency, accusations of and actual market manipulation are still proving a real concern for regulators. The United States Securities Exchange Commission suspended trading on Tuesday of a penny stock related to Bitcoin that has soared in recent weeks (2000% this month),
Tag Archive: market manipulation
Bitcoin, Bitcoin Investment, Markets and Prices, News, News teaser Bitcoin, Bitcoin Investment, Bitcoin Price, Markets and Prices, News, News teaser
With CBOE set to roll out Bitcoin futures trading Monday morning, the exchange announced this week that the margin requirements have risen from 33% to 44% due to Bitcoin’s recent extreme volatility. As Bitcoin finished a tumultuous trading week, with coin prices climbing from $11,000 to heights of near $20,000 on the GDAX exchange, the weekend has brought worries of what effect futures trading will have on Bitcoin, especially in regard to market manipulation believed
Bitcoin, Markets and Prices, News, News teaser, Trending
As I mentioned in this week’s market wrap up, the bull run that occurred in the Bitcoin market last week was most likely the result of market manipulation. The Bitcoin price increased from the $220 range to around $260 without any discernible causes, suggesting that the spike in demand came from one person or a cooperative group. Also Read: This Weeks Market Wrap Up A new discovery serves to confirm my belief that the market was manipulated last week.