Bitcoin’s rise might be linked to price manipulation, study indicates

The Verge -------- The rise of cryptocurrency prices last year, including bitcoin, ethereum, and altcoins, could have been largely caused by price manipulation, according to a paper published Wednesday by researchers at the University of Texas at Austin. The paper, co-authored by a finance professor who is known for catching fraud in financial markets, reveals several distinct patterns in trading that suggest several people or a person at the major cryptocurrency exchange Bitfinex inflated virtual coin prices. To learn more click on the picture below to read the article.