Cryptocurrency Analysis and News Portal
95 percent of volume on unregulated exchanges appears to be fake or non-economic in nature, an analysis from cryptocurrency index fund provider Bitwise Asset Management has argued in a report dated March 20.Bitwise reported its data and claims to the United States Securities and Exchange Commission (SEC) as part
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A report by the Blockchain Transparency Institute (BTI) claims that many exchanges are using bots to fake trading volume. Their research shows that wash trading affects over 80% of the top 25 bitcoin pairings. Furthermore, allegations of this being a deliberate business practice present significant concerns for the industry. Which
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Today, on March 21, both LBank and Bit-Z overtook leading exchange Binance on the adjusted trade volume cryptocurrency exchange rankings on CoinMarketCap, but research published on March 18 by the Tie suggests most of their volume is fake.At press time, LBank is in the third spot (formerly in first),
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Almost 90 percent of cryptocurrency exchanges’ reported trade volumes may be incorrect, new research from trading analytics platform The Tie warned in a digest released on March 18.Reporting on figures gathered from 97 exchanges, researchers found that the vast majority of the volume claimed to come from users may
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Average daily trading volume of the world’s largest cryptocurrency Bitcoin has reached its fresh highs since April, 2018.Independent crypto data researcher Kevin Rooke brought the community’s attention to bitcoin volume via his Saturday tweet. The analyst revealed that traders, in March, changed hands for/to the cryptocurrency to the extent of
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Bitcoin Trading Volumes Boom Over recent weeks, it has become more and more apparent that life has returned to Bitcoin (BTC), and the broader digital asset ecosystem by extension. Independent cryptocurrency researcher Kevin Rooke recently drew attention to data that would corroborate this sentiment on Twitter. Rooke notes that per statistics from
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The Chicago Futures Exchange (CFE) has declared that its planned bitcoin futures market will not be added this month, as per a notice published March 14, 2019. Prudent Approach The announcement from the CFE arm of The Chicago Board Options Exchange (CBOE) explains why and how they came to this decision, indicating
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Global trading volume for the world’s largest cryptocurrency bitcoin exceeded $11 billion Friday, the most observed in a 24-hour period since April 25 of last year. At that time, the average price of bitcoin was $8,845, while today the
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Crypto Market Sees Exploding Volume At long last, the crypto market has started to undergo drastic fluctuations. Following weeks of remaining in a lull-esque state, Bitcoin (BTC) broke out of its bear market shell in early-February, posting gains backed by notable levels of volume. While a substantial amount of time has passed since
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Photo: DataLight / FacebookThe bear market in 2018 was the strongest in Bitcoin’s history. This is due to the market indicators, which often have an impact on people’s minds in relation to any asset. However, people rarely delve into fundamental indicators, which is what we decided to do.Bitcoin commissions
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