Wednesday, June 13, 2018

Researchers: Bitcoin’s Price Was Artificially Inflated Last Year

It doesn't take a genius to figure this out. Well, I guess it actually did take a genius...but you know what I mean. 😉

A concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year, according to a paper released on Wednesday by an academic with a history of spotting fraud in financial markets.