Tag: wash-trading
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Cleaning Up Crypto: An Interview With Denis Gorbachev
I had the pleasure of chatting with Denis Gorbachev, co-founder of coinmarketbook.cc, an effort to bring honest and accurate market data to crypto enthusiasts. His site ranks alt-coins based on “buy support” rather than the easily manipulated “market cap” measure, and also features in-house indicators. The site rivals the popular coinmarketcap.com, which has come under…
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Filtering Out Wash-Traded Crypto
Critics of the Coinmarketcap.com(CMC) system have long decried the market manipulation used to game the rankings. In an effort to filter out this problem, Coinmarketbook.cc(CMB)has been created in an effort to measure real buying support for various cryptocurrencies. Rather than using “market cap” based on misleading circulation numbers and a latest fill-price often arrived at…