There are various tools that can be used to analyze cryptocurrencies. These tools include metrics such as trading volume and price trends that can assist traders and investors in making sound investment decisions.
Glassnode provides crypto transaction data, wallet metrics, and miner performance in exchange for an annual subscription. UniWhales tracks whale activity with real-time cryptocurrency transaction hash data – providing insights for investors.
IntoTheBlock
Intotheblock is a company that sources and analyses on-chain data in order to deliver contextualized insights relevant to traders and investors. Their platform enables individuals to compare DeFi data for various coins and protocols; such as NFT liquidity indicators as well as DeFi protocol performance risks.
The website for the company is user-friendly and features several useful tools. For example, its charts display key metrics such as the percentage of holders making money at current price; other indicators such as total fees paid and miner inflow and outflow can also be found there.
Nansen offers competitively priced services, starting with a 7 day free trial with no credit card requirement and multiple tiers starting from $10 monthly. Nansen stands out as another reliable on-chain analysis solution with easy-to-use services offering features like alerting on specific transactions.
Nansen
Nansen leverages blockchain analytics to assist crypto investors with discovering opportunities and performing due diligence. Nansen Query allows users to programmatically access data from blockchain networks – this enables investors to monitor portfolio growth while mitigating risk; leading funds like A16z and Pantera already employ this technology.
Nansen’s core analytical mechanism is on-chain analysis, which enriches cryptocurrency trading data with wallet labeling. Through algorithmic sleuthing techniques it identifies crypto movers and shakers using easy-to-understand labels for transactions hidden behind opaque wallets; and by crunching staggering amounts of open blockchain trading data it provides intelligence into forces driving the crypto markets.
Nansen offers various tools and dashboards, such as Token God Mode, NFT Paradise and Exchange Flows that give insight into token distribution, exchange flows and more. Furthermore, their platform also offers customizable smart alerts delivered via any user-preferred communication channel.
Cryptowatch
Cryptowatch is a free-to-use platform suitable for users of all skill levels. It features customizable layouts and the ability to track multiple exchanges at the same time; users can create watchlists; access news stories; track their portfolio(s); view graphical breakdowns of portfolio performance; compare asset correlations; create custom watchlists and create watchlists, among other capabilities.
Cryptowatch’s desktop application is written using Rust, a low-level programming language widely adopted by cryptocurrency developers for its performance and safety guarantees. A demonstration conducted for Cointelegraph showed how fluid and responsive its desktop app was when its panes of market data were resized by Cointelegraph editors.
This platform offers various security features, such as two-factor authentication and SSL encryption, to protect assets against hackers. Furthermore, it supports various exchanges for terminal interfacing and provides API Keys that provide real-time market data access.
Coinigy
Coinigy is a trading platform designed to help cryptocurrency portfolio owners manage and track their cryptocurrency holdings. This secure web platform features real-time market graphs, order book data and trade history – along with price alerts for specific cryptocurrencies – making finding trading opportunities simple for its users.
Coinigy utilizes EAS 256-bit encryption technology to protect user data and keep hackers at bay from accessing confidential information. Furthermore, the multi-tiered server architecture ensures its servers remain safe. Users can connect exchange accounts directly to Coinigy website in order to gain access to portfolios and trading history data.
Coinigy provides more than just trading tools; they also offer an in-browser app and plug-ins. Their iOS/Android compatible Coinigy app integrates with Google Sheets so users can manage Bitcoin/crypto balances, search arbitrage opportunities across exchanges and currencies and integrates seamlessly with Google Spreadsheet.
