Bitcoin Bots

[Caseynotes]

Interesting article on research findings that show Bitcoin Bots are being used extensively to frontrun punters in the unregulated crypto markets. Goes some way to explaining the unusual pattern of crypto pumps.

https://www.leaprate.com/cryptocurrency/exchange/report-crypto-trading-bots-caught-arbitraging-investors-by-front-running/

 

[Caseynotes]

@TrendFollower, just to point out that the article specifically referred to the special attraction to the 'unregulated' crypto markets of these types of malpractices .

There was nothing about moving averages but referred instead to the artificial 'bloating' of volume data by bots using very low latency and very high frequency trading. 

The article did refer to similar problems occurring in other markets with the introduction of high speed connections but those markets had regulators able to address the problem once identified, crypto doesn't.