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MARKETS DAILY: Is Bitcoin Market Manipulation Profitable?
With markets recovering, we take a look at Bitcoins' recent behavior and wonder whether it's still a safe haven? Later, we're joined by Galen Moore for quick discussion on alleged bitcoin market manipulation...
Updated May 2, 2022, 3:45 p.m. Published Dec 4, 2019, 4:51 p.m. 1 min read
Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.
Having trouble with the embedded player? You can download the MP3 here.
On Today's Show:
- Crypto & traditional markets update
- Is Bitcoin getting boring? Is it still a Safe Haven?
- The Mechanics of Bitcoin Market Manipulation with CoinDesk Research's Galen Moore
- How Litecoin is dealing with falling miner participation
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BTC's three-month uptrend against gold has broken down amid strong inflows into gold and precious metals ETFs.
What to know:
- Bitcoin’s three-month uptrend versus gold has broken down.
- ETF flows point to a renewed bias for hard assets, with over $2 billion exiting BTC funds while gold and precious metal ETFs attract fresh inflows.
- The shift signals weakening momentum for bitcoin as a “store of value,” with gold poised to...
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