We have added the new feature to the asset page – the volume of purchases and sales at Binance.
This simple, yet comprehensive method of calculation of blockchain activity is effective in comparing different time frames and different blockchain with each other. But Real Usage Index is also a very important indicator for a fundamental analysis of crypto assets.
Exchange analysis allows to see an outstanding growth in some metrics. Often, an increase in trading volumes leads to a sharp change in price (in this case, it increases). If this factor is used in conjunction with the other indicators, you can adjust your trading strategy more effectively.
In consequence of the growth of the main cryptocurrency and the fall of the TOP altcoins, the BTCX index has reached a figure of 78%, updating the maximum of this year.
For centuries gold was considered one of the safest and profitable means of storing the capital. With the advent and popularization of Bitcoin, it received the nickname of digital gold In today’s joint study with the Huobi Exchange, we decided to check how much the investor could have earned by investing $ 1000 in current TOP-5 crypto coins or gold.
After the beginning of the bull run of Bitcoin, we have decided to track down how trading volume and blockchain indicators have been changing from mid-2017 to present.
Lightning Network is a payment protocol that operates on a Bitcoin blockchain and allows to carry out transactions at the speed of light. The main concept of this technology is that microtransactions do not need to be written on the blockchain, since making them “out of the chain” increases the speed of transactions tens of thousands times.
Initial Exchange Offerings (IEOs) have so far been a lucrative investment for those brave enough to invest their money – with returns on top cryptocurrency exchanges hitting impressive figures. Notably, on Binance the average return on investment (ROI) per project was of 534%.
The cryptocurrency from Facebook Libra has not yet been released. But it was able to closely approach the level of Bitcoin on the discussion on Twitter far ahead of all other competitors.
New blockchains are arriving to our lab, and today it is STELLAR (XLM). Feel free to apply all of our amazing blockchain analytics tools to it.
Now that we seem to be in the early stages of the next crypto bull run, or at least out of the depths of the crypto winter that began in 2018, many are fixated on what the next big price movement for Bitcoin will be. The parallels between 2019 and 2017 are drawing a lot of attention.
Binance coin has set a new record by trading volume on May 21. The path BNB has made is incredible: it has climbed from 19th to 7th place in coins ranking by Market Cap in a year only.