75% of Bitcoin Exchanges Report ‘Suspicious’ Crypto Trading Volumes: Research

2019-3-19 23:53

A site called TheTie released a report today that estimates over 86% of all reported Bitcoin exchange volume is suspicious, while 75% of exchanges report extremely dubious volumes. The research uses a different formula than other reports have: it values each website’s visitors and compares that value to the reported figures.

Potential Fake Crypto Volumes High Across The Board For example, Bithumb, which has been the subject of previous investigations, was expected to have a monthly volume of roughly $1. 2 billion based on an average visit value of $13,418. Instead, Bithumb reports over $28 billion. This means their reported volume

The post 75% of Bitcoin Exchanges Report ‘Suspicious’ Crypto Trading Volumes: Research appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67593.74 (-0.10%)
Объем 24H $26.436b
Изменеия 24h: -1.03 %, 7d: -1.68 %
Cегодня L: $67187.68 - H: $67683.44
Капитализация $1332.021b Rank 1
Цена в час новости $ 4031.32 (1576.71%)

report volumes exchanges volume bitcoin research reported

report volumes → Результатов: 55


Фото:

Upbit Denies Cryptocurrency Wash Trading Accusations

South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times.

2018-12-22 11:03


Report: BitHumb fakes 94% of trading volume. Most manipulated coins include WTC, LTC, ETC, XMR, ZEC, OMG, and BTG.

As Yoseph Young explains it, in illiquid markets and trading platforms with inflated volumes, it is relatively easy to manipulate the price of small cryptocurrencies. While it takes many major factors and an unlikely correlation of events to bring down the price of major cryptocurrencies like Bitcoin and Ethereum, researches demonstrate that a similar result […] The post Report: BitHumb fakes 94% of trading volume.

2018-12-20 23:20


Фото:

Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.

2018-10-31 20:51


Фото:

CME Report: Bitcoin Futures Trading 41 Percent Up from Q3 2018

The Chicago Mercantile Exchange (CME), one of two major providers of Bitcoin Futures in the U.S., revealed trade volumes increased 41 percent in Q3 2018 with interest rates up by 19 percent. Booming Bitcoin Futures Market While the retail cryptocurrency market has taken a downturn in 2018, the institutional-focussed Bitcoin futures market seems to be […] The post CME Report: Bitcoin Futures Trading 41 Percent Up from Q3 2018 appeared first on CryptoSlate.

2018-10-19 13:00


Crypto Researcher Uses OnChainFx to Show Exchange Trade Volume Disparities in New Report

Disparities Seen In Trade Volumes of Key Virtual Assets: Report A virtual asset researcher known as Kevin Rooke recently published information which led to an uproar among Twitterattis. According to his analysis on a number of virtual assets, there are a couple of things that raises eyebrows. The analysis was conducted on the OnChainFx which […]

2018-9-11 03:39


South American Country Peru Sees Growth In Cryptocurrency Trading Volumes

Cryptocurrency Gains Ground In Peru – Report Shows South American countries have stepped up their game in recent times. The Latinos, as they are popularly referred to, have embraced the use of cryptocurrencies due to several reasons that dab around the standard of living to the accelerated rate of development of science and technology, among […]

2018-8-6 16:25