Bitcoin Price Manipulation On Centralized Exchanges Seems Coordinated
The Centralized Bitcoin exchanges seem to coordinate their prices across continental divides. One goes down - they all go down. The question is why the public tolerates their scam. If they were useful or desirable, they'd consider the very people who sustain the Bitcoin network, namely Bitcoin miners who, below $400, likely operate at a loss. Exchange clients and miners get whatever is happening in the busiest exchange. The exchanges' arbitrage-bots equalize prices between one another. Miners - you're the backbone of this innovation. Cryptomonkeys - you think you're trading - but your....
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A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened. Decentralized exchange (DEX) GMX has reportedly suffered a price manipulation exploit from an exploiter who managed to make off with around $565,000 from the AVAX/USD market.The unidentified exploiter is understood to have capitalized on GMX’s “minimal spread” and “zero price impact” features to pull off the exploit, which impacted GLP token holders who provided liquidity in the form of AVAX (the Avalanche token) to GMX.GMX....
Bitcoin price is in a slow controlled descent with frequent spikes to the upside developing. Market orders are streaming through the exchanges like a ticker tape and buy limit orders fill the orderbooks down to $290. We look at arbitrage trading in the Bitcoin exchanges and consider options for trend in the coming days. Bitcoin Price Arbitrage. Bitcoin Price Analysis. Summary. Comments. Bitcoin Price Arbitrage. Many thanks to all the readers, supporters and cynics alike, who had responded to Sunday's article about manipulation in the exchanges. It's only by kicking the hornet's nest that....
Bitcoin’s finite supply poses challenges to big banks’ traditional tactics of price manipulation.
Bitcoin's price is trending up after a dip while traders are moving ether off from centralized exchanges.
On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial amount of price oracle manipulation in 2020. On Monday, he tweeted: “Price oracle manipulation has resulted in over 30MM of losses so far and it shows no signs of slowing.” The tweet was also retweeted by....