Here’s why US regulators launched two criminal probes into crypto price manipulation within last three weeks
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first stemmed when it was announced […]
Ethereum has currently created an environment for some positive movement due to current developments in hand and positive SEC rulings over the past few days, according to NewsBTC. Although the price of Ether continues to reflect the current market, there are some positive developments such as its Plasma updates and sharding solutions. Sharding, also known […]
In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate we were all hoping to […]
At press time, nothing has changed regarding the bitcoin price. The father of cryptocurrencies is sitting at $6,700 – a price it has held for roughly 24 hours, and recovery doesn’t appear imminent anytime soon. The mega-drop that hit the asset during yesterday’s morning hours stem from two likely sources. The first is the hack […]
The U.S. regulator has subpoenaed four crypto exchanges to submit trading data as part of an investigation into market manipulation.
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially hit $8,000 again in the […]
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have similarly followed suit. Last night, […]
On June 4, Rostin Behnam commissioner of the U.S. Commodity Futures Trading Commission (CFTC) took an interesting stance on cryptocurrency and related technologies during a talk at the BFI United Nations Summit. Rostin Behnam, New Cryptocurrency Ally? While Rostin Behnam, the aforementioned commissioner of the CFTC, took the stage at the UN Plaza in New… […]
The US Commodity Future Trading Commission (CFTC) has subpoenaed Coinbase, Kraken, Bitstamp, and ItBit in an ongoing Bitcoin manipulation probe started last month, reports Coingape. It is thought that the investigation has been initiated due to the distorted prices in the futures market. Coinbase is one of the world’s major cryptocurrency exchanges with Kraken in 24th position […]
The Bitcoin price is volatile by nature. Not all of this volatility is created out of the blue either. An ongoing investigation regarding Bitcoin price manipulation is taking place. As such, U.S. regulators demand data from various trading platforms to address these concerns. Bitcoin Price Manipulation Investigation There have been swelling rumors regarding major Bitcoin… […]
The US CFTC has rejected a request for releasing the subpoenas allegedly sent to crypto exchange Bitfinex and token issuer Tether last December
Commissioner of the CFTC, Rostin Behnam, gave an address emphasizing the potential of blockchain to address issues in all sectors.
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked ‘stablecoin’ operator Tether.
SEC chairman Jay Clayton clarified today on CNBC that he does not consider Bitcoin to be a security, as it can replace sovereign currencies like the yen, the euro, and the dollar