“It seems like it’s some sort of price suppression,” Mow said during a panel discussion at Consensus Hong Kong. Bitcoin’s price action is raising concerns about possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows. Bitcoin has been range-bound for over two months, trading between the…
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Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers. Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock. “If…
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Experts say the price of Bitcoin could top $200,000 by 2028 but concerns around network security and miner profitability still loom. Saturday’s Bitcoin halving has officially seen the rewards paid out to miners reduced from 6.25 Bitcoin per block to 3.125 BTC. But now, experts turn their eye to where Bitcoin could be by the…
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