Study: Late 2013 Bitcoin Bubble Fueled by Suspicious Trading Activity on Mt. Gox
According to a recent study by researchers from the University of Tulsa and Tel Aviv University, the massive increase in the bitcoin price in late 2013 was caused by suspicious trading activity on the now-defunct Mt. Gox Bitcoin exchange. The study, which is titled “Price Manipulation in the Bitcoin Ecosystem,” indicates that 600,000 bitcoins were....
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Results from the past do not offer guarantees for the future. It's the legal disclaimer that comes with every new financial brokerage account and trading promotion. And for good reason. Because results from the past, do not offer a guarantee for the future. Then again, history tends to repeat itself. Let's take a look at the two most recent Bitcoin bubbles: Bitcoin to USD - Jan 2013 to Oct 2013. Bitcoin to USD - Aug 2013 to Jul 2014. If you superimpose them over each other, a clear pattern emerges: Bitcoin to USD chart - April 2013 and December 2013 bubbles superimposed. The similarity....
Has the Bitcoin Value bubble burst? Looking at the most recent prices, we seem readier for a gentle nosedive than a new rollercoaster ride to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a steady slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a new rise to 10,000 USD. This recent bubble wasn't the first bubble, and it won't be the last for Bitcoin. Bitcoin price in USD from begin 2013 to June 2014. You see that tiny top in April 2013? That was a bubble just like....
The US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are reportedly investigating suspicious trading patterns in the shares of certain companies that have announced crypto treasury strategies. Related Reading: BNB Chain To Host KBW25 And TOKEN2049 Side Events For Builders, Web3 Enthusiasts SEC, FINRA Scrutinize Suspicious Trading Moves On Thursday, […]
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for its customers.
Sunacrip Publishes Internal Providence on Fintech Activities
Sunacrip, the Venezuelan cryptocurrency watchdog, is seeking to have better control of the movements that Venezuelans make using cryptocurrencies....
The "Bitcoin Bubble Index" is heavily hinting that another BTC price local peak will come this year. Bitcoin (BTC) is facing a “double bubble” and will see two price tops this year, fresh data suggests.In a tweet on Aug. 18, Charles Edwards, CEO of investment firm Capriole, highlighted 2021 as having one key similarity to the 2013 double top bull cycle.Bitcoin gears up for second peakBitcoin has divided opinion over whether its 2021 bull run is more like 2013 or 2017 — the other two years which immediately followed block subsidy halving events.Looking at one metric, unrealized profit and....