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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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Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.
Wat u moet weten:
- Ether has fallen below $2,000 for the first time since March amid rising risk aversion, with losses of nearly 8% over the past week.
- Open interest in ether futures has hit a record high even as prices drop, a combination that suggests aggressive leveraged selling and a bearish market tilt.
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