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Bitcoin News Digest Wednesday, June 13, 2018

Record bitcoin price propped up by another digital currency

Bitcoin isn’t all it has been cracked up to be, according to a new report by a University of Texas professor.
The report says that Tether, one of the…

 

Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find

The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin

 

Bitcoin Price Could Reach Further Lows Below $6,000: Analyst

Ran Neu Ner, founder of Onchain Capital, and host of Cryptotrader on CNBC Africa was on CNBC’s Fast Money offering his prediction that Bitcoin is likely to see further downward movement relative to the US dollar, possibly going as low as $5,900 USD.

 

Meet Erik Finman, the teenage bitcoin millionaire

Finman used his fortune to fund an educational business – and he’s not as awful as he seems on Instagram

 

Bitcoin hits 4-month low after currency exchange theft

LONDON (AP) — The price of bitcoin has fallen to a four-month low of $6,370, days after South Korean virtual currency exchange Coinrail said hackers

 

Bitcoin is in free fall

The price of bitcoin has hit a seven-month low, dropping by $400 over the last few hours to below $6,500.

 

Has Bitcoin Hit The Bottom Yet?

Market timing is always hard and it’s taken a long time for the market to look like it was in the mood for another leg of the bitcoin crash.

 

Bitcoin Extends Its Decline

Bitcoin edged lower, bringing its four-session slide to 16 percent, as questions mount about whether the world’s biggest cryptocurrency was manipulated during last year’s record price surge.

 

Bitcoin price analysis: BTC/USD tumble to new 2018 lows, but billionaire and Bitcoin Bull Tim Draper talks of $250,000 per BTC by 2022

Bitcoin price free fall seems to have engaged a stronger gear. The king of the digital assets is now trading marginally above $6,430, but there is a d

 

Bitcoin drops to lowest since February

The price of Bitcoin has fallen below $6500 to reach its lowest level since February 6. That was a day when it found significant support from around t

 

Bitcoin is slipping after a study found signs its 2017 bull run was driven by market manipulation

Academics at the University of Texas on Wednesday published a paper concluding that the US-pegged cryptocurrency Tether had influenced the price of bitcoin.

 




Bitcoin Bulls Eye $6K Bottom After 4-Month Low

Bitcoin is still looking south, having hit four-month lows today, but the bearish momentum may wane due to short-term oversold conditions, the technic

 

Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

Internet company Spot.IM has reportedly asked Israeli tax and labor authorities for permission to pay salaries in bitcoin.

 

Just How Low Could Bitcoin’s Price Drop?

Following a drop of 10% in just 4 hours this weekend, investors wonder how low bitcoin can dip.

 

Crypto hacks: Is your bitcoin investment safe?

Digital currency worth hundreds of millions of dollars has been stolen by hackers in recent months. Experts say the problem is unlikely to go away anytime soon.

 

Tether Used to Manipulate Price of Bitcoin During 2017 Peak: New Study

Tether, one of the most-traded cryptocurrencies, shows a pattern of being spent on Bitcoin at pivotal moments, helping to drive the world’s first digital asset to a record price in December, according to research by a University of Texas professor known for flagging suspicious activity in the VIX benchmark.

 

Bitcoin price analysis: selling pressure resumed, BTC/USD back below $6,600

BTC/USD resumed the downside after a short recovery attempt. The price managed to get to $6,618 before new sellers came in and pushed it back below $6

 

Bitcoin price FALLS today: Is BTC falling? Will it rise back above $7000?

BITCOIN price took another big hit this morning as the cryptocurrency market tumbled to reach a 70-day low. BTC prices dropped more than 10 percent over the weekend after it was revealed a South Korean cryptocurrency exchange had been hacked. Will bitcoin rise back above $7,000?

 




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