Bitwise Says Fake Trading Volume Does Not Affect BTC Prices[1]
Back in March, crypto investment manager Bitwise claimed its research showed 95 percent of all reported crypto trading volume on unregulated exchanges was fake. Now, in a newly published white paper, Bitwise researchers have shown that, despite the fake trading volume, regulated bitcoin futures and improved custody services help keep the cryptocurrency's price true.
References
- ^ Bitwise Says Fake Trading Volume Does Not Affect BTC Prices (www.ethnews.com)
