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Business Insider: Bitcoin is slipping after study claims its 2017 bull run was driven by market manipulation

Bitcoin is slipping after study claims its 2017 bull run was driven by market manipulation
Business Insider

Bitcoin price on June 13. Bitcoin fell 2% on Wednesday after a new academic paper was published claiming bitcoin’s price run to December last year was driven by manipulation. The University of Texas paper alleges that exchange Bitfinex may have used Tether, a cryptocurrency it is closely linked to, to support the price. Bitfinex’s CEO told BI: ” Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of Read the full story

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