2022-12-29 18:46 |
A recent study by NBER revealed that users on unregulated crypto exchanges engage in wash trading.
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An average of 70% transaction volume on unregulated exchanges are in wash trades. The statistic is part of a report recently released by the National Bureau of Economic Research (NBER). Incentives for exchanges include rankings and short term price movements.
2022-12-29 16:38 | |
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The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons why bitcoin draws the most investors, given such high trading volume and good depth across all exchanges.