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Report: 51% of Bitcoin’s Trading Volume is Fake

Report: 51% of Bitcoin’s Trading Volume is Fake

Bitcoin Bitcoin’s trading volume is significantly lower than what is reported, according to Forbes’ latest study of 157 exchanges. According to the report, Bitcoin trading volume on June 14 was $128 billion, far lower than the total $262 billion reported by all exchanges. This shows that around 51% of all Bitcoin trading activities were fake or non-economic. Tether’s Role According to Forbes, Tether plays a significant role in Spot Bitcoin trades as most of the trade comes from stablecoins. However, fiat currencies like the US dollar, Japanese Yen, and South Korean Won are also involved in a high percentage of trades. Overall, […]
AAX Forrester Report: The Use of Bitcoin in Emerging Markets

AAX Forrester Report: The Use of Bitcoin in Emerging Markets

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Another way to prevent getting this page in the […]
Grappling Report: IBJJF changes rules to curb closeouts

Grappling Report: IBJJF changes rules to curb closeouts

Gordon Ryan is no stranger to cryptocurrency as the elite competitor has already managed to secure a $100,000 sponsorship deal with Bitcoin Cash to represent them at ADCC 2022. It doesn’t stop there though, as he has just announced the release of 100 NFTs bearing his likeness as well. As with many NFTs, these will actually serve a functional purpose instead of simply being something tsshat people can buy and sell. The Gordon Ryan NFT will actually grant the owner free lifetime access to any and all of the instructional content that he releases after the date of purchase. Considering […]