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Cryptopolitan 2019-11-19 03:40:09

Longhash contests Bitcoin market manipulation theory

Blockchain education start-up Longhash has released a report that takes a stand against the 2017 Bitcoin market manipulation theory and claims that the Bitcoin bull run of 2017 could not be the result of a single whale. John M Griffin and Amin Shams revealed earlier this month that the dramatic Bitcoin price movements in 2017 were, in fact, caused by the inflated manipulation efforts led by the disputable cryptocurrency issuer Tether and the infamous cryptocurrency exchange Bitfinex. It shook the cryptocurrency space by stipulating that it was not the investors but a single whale driving the markets back in 2017.

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