DATA Ultimatum: CoinMarketCap Requests More Information From Exchanges to Make Market More Transparent

More on CoinMarketCap’s plan to fight fake volume reporting. Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last […]

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Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM Strategists Claim

JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — […]

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