Tether and Bitcoin price inflation linked to possible manipulation

Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex, Director of Research at CoinDesk, Nolan Bauerle responded.      “Bitcoin is a super volatile asset driven by a global retail investment crowd. Everyone who watches this crowd knows they use Tether to take a ‘dollar’ position when bitcoin dips. They reenter the bitcoin market when they feel the price is at a floor with the goal to have more bitcoin than at the start of the…

Read More

Joon Ian Wong Joins CoinDesk as Managing Director for Europe and Asia

  Wong returns to CoinDesk to lead its international expansion   New York, NY – June 12, 2018 – CoinDesk, Inc, the leading digital media, events, and information services company for the crypto and blockchain community has announced that Joon Ian Wong will be rejoining the company as its Managing Director for Europe and Asia. Wong joins CoinDesk from Quartz, where he specialized in covering cryptocurrencies and blockchain technology.     CoinDesk CEO Kevin Worth said “It’s been incredible to see Joon’s ascent since he first helped launch the Consensus…

Read More