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More than 50% of reported Bitcoin trading volume is 'likely to be fake or non-economic' — Report

A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they're small or unregulated.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

More than 50% of reported Bitcoin trading volume is 'likely to be fake or non-economic' — Report

A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they're small or unregulated.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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