Crypto Exchange Bithumb Denies Wash Trading Allegations as Critics Mount | CryptoGlobe
December 27, 2018 5:52 PM Discuss South Korean cryptocurrency exchange Bithumb has recently denied wash trading allegations levied against it by cryptocurrency exchange rating service CER , which claims the company faked trading volumes in the second half of this year. According to Forbes , CER claims Bithumb was removed from crypto data aggregator indexes like CryptoCompares Aggregate Pricing Index (CCCAGG) as it has been inflating its trading volume through artificial activity. Gleb Myrko, CER's marketing lead, was quoted as saying: Some of the examples CER cited for its allegations include average transaction sizes ballooning in short amounts of time, and trading volumes jumping in specific times, as well as odd trade patterns. Per CER, BTC transactions on September 9 totaled 7,600 in five minutes, a volume that equaled 94% of the day's volume.
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Sponsored: Trade Santa Automated Crypto Trading Made Simple
December 24, 2018 2:23 AM Discuss A cloud software with a Christmas-like name Trade Santa argues crypto-holders have the opportunity to benefit from crypto-market fluctuations by means of automated trading. Trade Santa is a cloud platform that enables crypto-holders to automate their trading on exchanges. They claim its software automates simple strategies relied upon by thousands of traders around the world, and the company hopes to ensure capitalizing on fluctuations in cryptocurrencies doesn't need to be a full-time job. Users can accelerate the trading process as bots are able to simultaneously track market shifts for unlimited trading pairs and place hundreds times more orders compared to manual trading.
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Crypto Trading Exchange Coinsquare Hits Europe as it Opens in 25 New Countries
December 23, 2018 11:13 PM Discuss While it is a very widely known cryptocurrency exchange in Canada, being one of the largest in the country. It's been made public that this position coincides with a storming launch into the European Union, with more than 25 exchanges being established across the continent. This is according to a report from Wednesday 19th December. Within the statement, Coinsquare announced that it has worked to significantly expand opportunities for itself within the market. Significant being an understatement as the exchange has managed to send it rocketing up by approximately 1,200%. This gives the company, and an increased pool of customers, the opportunity to trade and do business with what is the world's third largest market.
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Lost Money Trading Crypto This Year Here's How to Recoup Your Losses at Tax Time - Ethereum World News
December 19, 2018 2:31 PM Discuss Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752. If you bought Bitcoin and other cryptos when their prices were high, there's a silver lining around the gray state of crypto markets now: any losses you take this year could place you in a lower tax bracket. What's more, claiming those losses is easier than you might assume. Read on to find out everything you need to know about how to file your crypto losses. For the purposes of taxation, the US and most other governments consider cryptocurrencies to be assets. This means that whenever you trade cryptocurrency, the transaction falls into one of two categories: a capital gain or a capital loss.
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Do Crypto Trading Bots Really Work - Bitcoin News
April 22, 2018 11:00 PM Discuss Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they've raked in from their proprietary arb bots. There's no doubt that bot activity is very real. But is it profitable Also read: Five Reasons Why Bitcoin Cash is About to Win Big In the 1950s, robots were promised that would soon eliminate the daily chores of housewives across the globe. 60 years later, and their cyber counterparts bots are promised that will do the same for crypto traders. If the hype is to be believed, these bundles of code can deliver a passive income for even the laziest or dumbest of traders. But as almost everyone knows, the hype is never to be believed. Profiting from bots isn't that simple or easy.
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