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A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
Coin Edition 2025-03-07 11:30:00

Crypto’s Dirty Secret: Offshore Exchanges—Bigger Casinos Than Vegas, Analyst Says

Crypto’s Dirty Secret: Offshore Exchanges—Bigger Casinos Than Vegas, Analyst Says

Offshore crypto exchanges control 80% of market prices, driving extreme volatility. Daily leveraged bets on crypto exceed $100B, leading to $1B in liquidations. Calls grow for the CFTC to regulate crypto futures markets and curb manipulation. “The biggest casino in the world isn’t in Las Vegas; it is in offshore crypto exchanges, where billions get wiped out in a flash,” says Marty Party, a crypto analyst. He claims that neither retail investors nor institutional spot buying drives crypto’s price action. Instead, offshore, unregulated futures markets are where the real power is. People understand offshore centralized unregulated crypto exchanges manipulate the crypto markets in both ways, up and down. They make the bull and bear market. Their primary business is an unregulated unlicensed global crypto futures market (casino) and they sell bets to… — MartyParty (@martypartymusic) March 7, 2025 Offshore Exchanges: 10x Vegas, 8x Sports Betting He argues that these “ offshore centralized ” platforms run over 80% of crypto pricing, messing with markets through leveraged futures trading. With over $100 billion traded daily, setting off $… The post Crypto’s Dirty Secret: Offshore Exchanges—Bigger Casinos Than Vegas, Analyst Says appeared first on Coin Edition .

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Cryptohopper
Market Cap
24h Vol
60.37%
Bitcoin Share
130
Today News
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