A South Korean lawmaker has shown how the government’s announcement policy enabled market manipulation last week following the news of possible cryptocurrency trading shutdown. According to his evidence, reporters and officials had 40 minutes to buy the dip as the price of bitcoin in Korean won reversed and rallied. Also read: South Korean Officials Caught Trading […]
The post Korean Lawmaker Shows Evidence Government Embargo Led to Market Manipulation appeared first on Bitcoin News.
Powered by WPeMatico
A lot of things have happened in the world of cryptocurrencies over the past few weeks.Litecoin is one of the top currencies in this regard, even though its total valuation is a lot lower than some people would like it to be. With an individual Litecoin price of $205.71 at the time of writing, it seems things are heading in the right direction once again. There’s still a long way to go to reach the all-time high of $356, but the Litecoin price appears to be on the road to recovery again. Litecoin Price is Heading in the Right Direction
The fall of Bitconnect was as certain as night follows day. A pyramid scheme wrapped inside a Ponzi with a side order of WTF, Bitconnect was as crazy as it was calamitous. The only miracle was that the racket lasted so long. When the ringleaders shut up shop on Wednesday, causing the token to plummet […]
Despite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, after energy hungry […]
Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $100m worth of tethers – surrogate US dollars – and was followed by […]