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Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs.In the second part of its 2023 Crypto Market Manipulation Report released Sept. 12, Solidus said among a sample of 30,000 Ethereum-based DEX liquidity pools, nearly

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Negative BTC Price-Volatility Correlation Returns as Crypto Traders Fear FTX Creditor Liquidations

"The impending U.S. August CPI data will likely show a rebound in inflation, which means the Federal Reserve (Fed) will probably take additional liquidity-tightening measures to curb reflation. In liquidity redistribution, crypto assets are prioritized last, which means that the liquidity stored in crypto assets could be withdrawn and invested

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Coinbase Advanced’s Moheeth Alvi sees pro traders as next wave of crypto users

Moheeth Alvi, group product manager at Coinbase Advanced, joins Cryptox’s Hashing It Out podcast with host Elisha Owusu Akyaw for an in-depth discussion about pro traders in the cryptocurrency space. The podcast starts by highlighting Coinbase’s eventful year so far, from new products to the launch of its layer-2 network Base

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Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin

A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin. According to the "Crypto Wealth Report” published on Sept. 5, Henley & Partners said there were roughly 88,200 millionaires worldwide with crypto holdings, with 40,500 holding

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Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

In less than a day, Bitcoin (BTC) has shed nearly all the gains it made from Grayscale Investment's court victory against the United States Securities regulator.On Aug. 29 Bitcoin popped to a two-week high after a judge ruled that the Securities and Exchange Commission was “arbitrary and capricious” when it

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