Cryptocurrency analytics has improved; so have the manipulators 

You’ve probably heard of the Pareto principle, or the 80/20 rule. To put it briefly, it suggests that 80 percent of the effects come from 20 percent of the causes. For cryptocurrency trading, the principle should be redefined as the 95/5 rule, or the Bitwise principle.

The crypto-asset management fund made headlines in the crypto-world and in mainstream-finance through its March 2019 report. Presented before the US Securities and Exchange Commission [SEC] the report stated that over 95 percent of the volume reported by cryptocurrency exchanges was “fake or non-economic in nature.”

For the most part, this wasn’t a surprise to veterans of the field. However, for it to be put down in print, presented to a regulator, and have the number stare back at them, was a reality check.

Bitwise’s Bombshell 

While Bitwise’s report brought exchanges to a standstill, that wasn’t its primary intention. The firm wanted to detail, to the regulators, the market was…