π΄Direct Correlation Between Crypto Asset Prices and Their Code Developers:
π»Findings of A 37-page report show that there is a clear link between the collaborative development of cryptocurrencies and their market behavior, allegedly, βthe first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months.β
As regards that many Crypto assets host open-source code, they ward off manipulation schemes consistently. 4% of developers contribute to the code of more than one cryptocurrency and that the market reflects these cross-asset dependencies.
#cryptoasset
#codedeveloper
#opensourcecode
#technology
#coding
#developers
#trading
π»Findings of A 37-page report show that there is a clear link between the collaborative development of cryptocurrencies and their market behavior, allegedly, βthe first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months.β
As regards that many Crypto assets host open-source code, they ward off manipulation schemes consistently. 4% of developers contribute to the code of more than one cryptocurrency and that the market reflects these cross-asset dependencies.
#cryptoasset
#codedeveloper
#opensourcecode
#technology
#coding
#developers
#trading