The great wave of FOMO of 2017 may have been sparked by a single “whale” entity, causing a concerted climb for Bitcoin (BTC), reported Bloomberg. BTC started to rally in the spring of 2017, but accelerated its pace in the last three months of 2017, before entering a year-long bear market.
A new paper has looked at the data from the biggest BTC rally in history. John Griffin, University of Texas professor, and Amin Shams of Ohio State University, are known for pointing out the connection between Tether (USDT)...