Banging the Close: How Brokers are Playing with the Bitcoin Markets for Profit

By Jumpy Bitcoin, Mining, Broker, Volatility Read Comments

There is a practice in the bitcoin mining industry that is affecting prices on public exchanges, impacting commerce across the entire cryptocurrency economy. This is the practice of over the counter liquidity provision. In layman's terms, this is when a broker offers large amounts of USD or other fiat for equally large amounts of bitcoin.
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