StellarTetherXRP

BITCOIN PRICE RALLY IN 2019 CAUSED BY ONE WHALE?! | Stellar Lumens (XLM) Crypto Supply Manipulation?

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Last 12 months, two teachers concluded that the Bitcoin value rally in 2019, when BTC hit the all-time excessive, was brought on by manipulation. Now the analysis authors found out that the surge was probably brought on by a single entity. University of Texas Professor John Griffin and Ohio State University’s Amin Shams shared their up to date analysis paper with Bloomberg the place they double down on previous claims that Tether, the most important stablecoin issuer, was the only real motive the Bitcoin value surged to its insurmountable all-time excessive of $20,000 on the finish of 2019. Now, the lecturers declare {that a} single Bitfinex whale was truly accountable for fueling Bitcoin’s rocket to the moon. “Our results suggest instead of thousands of investors moving the price of Bitcoin, it’s just one large one.”

In different cryptocurrency information at the moment, a number of hours in the past the Stellar Development Foundation burnt 50,000,000,000 XLM. Ripple XRP has additionally been twiddling with Crypto token provide lately in a attainable ploy to inflate token costs. Stellar Lumens pumped 25% on the announcement and XRP additionally obtained a carry, however are they related?

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Show Notes / News Resources:
https://bitcoinist.com/bitcoin-2019-surge-caused-by-single-entity-bloomberg/
https://u.today/bitcoin-price-rally-in-december-2019-was-orchestrated-by-one-whale-research
https://twitter.com/crypto/status/1191235935314284544
https://twitter.com/gaborgurbacs/status/1191321315870945280
https://twitter.com/AriDavidPaul/status/1191333924821229569
https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/
https://twitter.com/meinharrd/status/1191494531184611328
https://twitter.com/Josh_Rager/status/1191509625822208000

DISCLAIMER: This is NOT monetary recommendation. The views and opinions expressed on this video are simply opinions, nothing extra. Trading could be very dangerous, particularly when buying and selling with leverage. Seek monetary recommendation from an expert and commerce at your personal threat as a result of I’m not accountable for any funding selections that you just select to make.

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