One of the most trustworthy pieces of information we've found in the last couple of days is the reports published by the Blockchain Transparency Institute. Their report gives brief findings of wash trading in various cryptocurrency exchanges. Wash trading is a form of market manipulation where one entity simultaneously sells instruments and buys them back in order to create fake volume. This has run rampant in Bitcoin and other Alt's. BTI has published an in-depth methodology as to what algorithms and research mechanism they use to come to these conclusions. They are genuine and provide data that is extremely useful to investors looking for real sustainable exchanges that care about their customers. Check out this data and their entire list of trustworthy exchanges on their website.
https://www.blockchaintransparency.org/
ReverseAcid Monthly Recap
Crypto Analysis Series
- Part 1 - Basic Attention Token and How It's Revolutionizing the Internet
- Part 2 - Golem Network Token as a Potential Giant Killer
- Part 3 - Augur and the Future of Decentralized Predictions Markets
- Part 4 - Dogecoin - Such Meme, Much Value
Previous posts:
- Giving in to Your Fear: Does the Current Market Warrant this Magnitude of FUD?
- DLT, Blockchain, and Cryptocurrencies: What it all Means for FinTech and More
- Confidence Crisis: HODL on to Your Horses
- Bitcoin Technicals: In Depth Breakdown of the Current Move
- The Scalability Trilemma
- Online Retailer’s Incentives for using cryptocurrencies as a medium of exchange
- Bearish Sentiment is Almost Gone: Bitcoin Technical Breakdown - 21 November 2018
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