Connect with us
DAPA Banner

Crypto World

Crypto Press Releases are Manipulating Markets, Study Shows

Published

on

Crypto Press Releases are Manipulating Markets, Study Shows

A growing share of information driving crypto markets comes not from journalists, but from paid press releases.

A Chainstory analysis of 2,893 crypto press releases published between June and November 2025 shows that these distribution networks operate as a parallel news market, capable of shaping sentiment and temporarily moving prices, even before verification occurs.

Over 60% of Releases Come from High-Risk Projects

The study found that 62% of releases originated from high-risk (35.6%) or outright scam (26.9%)projects. Meanwhile, 27% were low risk, and 10% were medium risk.

Sponsored

Advertisement

Sponsored

Unlike editorial coverage, where journalists assess credibility, press-release wires publish client content with minimal review. This allows misleading or exaggerated claims to reach audiences quickly, influencing asset prices.

Only 2% of releases (58 total) covered substantive events such as funding rounds, mergers, or research. Nearly 50% were product or feature updates, and 24% were related to trading and exchange listings, often flooding the market with repetitive content ignored by credible newsrooms.

Tone analysis revealed that only 10% of releases were neutral, while 54% were overstated and 19% overtly promotional.

Advertisement

In total, around 70% contained blatant marketing spin, with words like “revolutionary,” “game-changing,” or “leading the Web3 future.”

Category % Of Total
Product / Feature Updates 48.98%
Trading, Listings, Exchanges 23.99%
Token Launches / Tokenomics 14.00%
Events, Conferences, Sponsorships 6.01%
Metrics, Research, Reports 3.01%
Funding / VC / Corporate Finance 2.00%
Vanity, Awards, Community Fluff 2.00%

Market Impact and Manipulation Risk

Syndication practices amplify these effects. Many platforms guarantee placement across dozens of sites, including crypto media outlets and mainstream sidebar feeds. This allows projects to showcase “as seen on” signals.

Small or overlooked disclaimers may lead casual investors to treat promotional content as independent reporting.

The hype-laden content can trigger retail investor activity and even algorithmic trading bots, generating short-term price moves based on perception rather than fundamentals.

Advertisement

This mirrors traditional pump-and-dump tactics in penny stocks, where press releases have historically created artificial demand before insiders sell.

Therefore, the study presents a crucial takeaway for investors: visibility does not equal validation. Press releases, especially from high-risk or scam-adjacent projects, should be treated first as promotional material and second as potential market-moving signals—with skepticism applied at every step.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Strategy Buys 1,031 Bitcoin Using MSTR Stock Sales

Published

on

Strategy Buys 1,031 Bitcoin Using MSTR Stock Sales

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), bought another 1,031 Bitcoin last week in a much smaller purchase than its previous two weekly buys, funding the acquisition with sales of Class A common stock.

Strategy acquired 1,031 Bitcoin for $76.6 million last week, according to an 8-K filing with the US Securities and Exchange Commission on Monday.

The purchases were made at an average price of $74,326 per coin, below the company’s overall average acquisition price of $75,694. Bitcoin averaged around $70,871 for the week of March 16-22, based on daily closing prices.

The new acquisitions bring Strategy’s holdings to 762,099 BTC, acquired for a total cost of roughly $57.69 billion, the company said.

Advertisement
Source: SEC

Common stock funded the latest buy

Strategy’s relatively modest purchase follows larger Bitcoin acquisitions recently, including a 22,337 BTC buy reported last Monday and a 17,994 BTC buy a week earlier.

The 22,337 BTC ($1.6 billion) purchase ranks among Strategy’s largest on record and was largely funded through sales of its perpetual preferred equity, Stretch (STRC). The stock generated approximately $1.2 billion, accounting for about 75% of the total purchase.

Related: Strategy records biggest STRC issuance day with estimated 1,420 BTC buy

Unlike the prior week’s funding mix, the latest purchase appears to have been funded through sales of Strategy’s Class A common stock rather than preferred equity.

Source: SEC

Strategy has bought 41,362 Bitcoin for around $2.93 billion in March. With Bitcoin trading at $70,430 at the time of writing, the company is down around 7% on its BTC holdings, now worth around $54 billion, according to data from CoinGecko.

Related: Strategy halts Bitcoin buying via STRC: Will BTC price dip again?

Advertisement

Strategy’s holdings are roughly 3% below the Bitcoin holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT), which held about 785,300 BTC on behalf of its clients after the close of trading on Friday.

US spot Bitcoin ETFs collectively held nearly 1.3 million BTC as of March 20, representing roughly 6.1% of the 21 million maximum Bitcoin supply, according to data from WalletPilot.

Magazine: Metaplanet’s Japan Bitcoin bet, Bithumb ordered suspension: Asia Express