4 out of 10 NFT sales are fake: Learn to spot the signs of wash trading
NFT wash trading creates a phoney appearance of popularity to push up prices and rip collectors off. But you can learn how to spot the signs.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
NFT wash trading creates a phoney appearance of popularity to push up prices and rip collectors off. But you can learn how to spot the signs.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Four unpatched bugs, a 5-year quantum clock, and a miner standoff are pushing Bitcoin to a critical crossroad
Bitcoin entered BIP-110's final ordinary 2,016-block window on July 25 with miner support at 0.89%. The proposal requires 1,109 bl...
New Bitcoin study shows the strongest recurring liquidation warning signs cannot warn of an individual crash
A new arXiv preprint studying seven major Bitcoin crashes found the warning signal shifting among price, leverage, and order flow...
After $8.2B loss forced Bitcoin sales, Michael Saylor gives Strategy to September to repair broken dividend engine
Michael Saylor’s Strategy (formerly MicroStrategy) is targeting a September recovery for its STRC preferred stock as the company s...
Bitcoin spot ETFs report $62M in net outflows, ending three-week inflow streak
The recent outflows in Bitcoin spot ETFs highlight the volatility and shifting investor sentiment in the crypto market, impacting...
Hong Kong police flag $3M romance scam involving fake crypto app
The rise in romance-linked crypto scams underscores the urgent need for enhanced consumer education and regulatory measures in dig...
A tiny cluster of Solana bots unlocked a 3x trading advantage by routing through one proprietary protocol
New research into automated trading on Solana found a nearly threefold difference in positive wrapped SOL outcomes inside one smal...