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On today’s episode of Your Daily Crypto News, we take a look at the markets continuing to dwindle to very dangerous levels. By dangerous, I mean we may start hitting levels where we see more sell offs in order to protect profits. One of the reasons for the dip today is based upon the fact that a report by the NY Times says that Tether and Bitfinex have been manipulating the markets. Possibly up to 50% of the bull run we saw in December was market manipulation. Also in the news, we look at the Overstock ex-chairman explaining how much better crypto is than credit cards, India may lift crypto ban soon, BAT & Brave Software is included in the WSJ’s top 25 tech companies to watch in 2018, Polymath partners with Pegasus, Enjin launching testnet, & Ambrosus runs a demo of their software at an Ethereum meetup.

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Timestamps & Links
4:36 Tether/Bitfinex: https://www.nytimes.com/2018/06/13/technology/bitcoin-price-manipulation.html?
6:26 Overstock: https://www.forbes.com/sites/astanley/2018/06/13/overstock-chairman-committed-to-crypto-despite-market-woes-calls-for-u-s-regulatory-clarity/#2ef8ef7597bc
8:07 India: https://www.techllog.com/news/rbi-will-regulate-bitcoin-and-cryptocurrency/
8:58 BAT: https://www.reddit.com/r/CryptoCurrency/comments/8qt97d/brave_software_bat_enters_wall_street_journals/
11:00 Polymath: https://www.investinblockchain.com/polymath-pegasus-partnership/
11:48 Enjin: https://blog.enjincoin.io/enjin-coin-testnet-launch-in-24-hours-will-see-several-industry-firsts-c7909197116d
12:32 Ambrosus: https://twitter.com/AmbrosusAMB/status/1006814584441835520

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22 COMMENTS

  20. I made a 3-part prediction to a friend last year about a possible healthy crypto future:
    1. BitConnect crashes
    2. Tether found fraudulent
    3. Bitcoin Cash overtakes Bitcoin

    Only 1/3 so far, but we shall see…

  21. The bull run was made due to all the airdrops forks and soch for BTC. Also the market was BULLISH and you could use your coins as
    Colateral to open long positions. So there you have it. People happily buying with credit.. This is why BITFINEX causes many of the market's deeps, to liquidate their theater and keep damage control

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