Analysis in cryptocurrency trading involves reading charts and evaluating statistical trends to predict future price movements, making this an indispensable resource for both novice and veteran traders alike.
Coinigy provides users with tools and features designed to assist them with cryptocurrency trading analysis, providing real-time data from over 45 exchanges as well as advanced charting tools.
CoinDesk
CoinDesk is a news website dedicated to bitcoin and digital currencies, featuring news coverage on trends and developments worldwide. Their reporters travel the globe tracking crypto trends and developments; stories are non-partisan and provide multiple viewpoints of an issue; additionally, any errors published articles will be disclosed by them.
This website provides a variety of products including news and analysis, podcasts, live streaming TV shows and research reports. Their goal is to foster an engaged and supportive community in the blockchain/cryptocurrency space while setting an industry-wide standard of excellence.
CoinDesk is funded through online advertising; however, ads promoting tokens or coins (though ads for companies with tokens may be acceptable). Furthermore, CoinDesk prohibits its journalists from taking part in giveaways, airdrops or contests that would compromise their ability to impartially cover the industry; no staff may own cryptocurrency assets themselves. Founded in New York City and started operating since 2013, initial investors of CoinDesk included BitPay and Blockchain Capital.
Investopedia
Investopedia is an informative website providing articles, tutorials and games related to finance and investing for students, investors and financial professionals alike. Students often utilize its extensive library of articles, resources and tutorials in order to research complex subjects like Efficient Market Hypothesis or Black-Scholes Model.
Also provided are tools to enable investors to test investment strategies without risking real money. Its trading simulator is an invaluable resource for novice investors as it displays real time investments with only minimal delays between them being tracked on screen and actual simulated investments being shown as values onscreen. Furthermore, users can compare their performance against that of others through games hosted on this website.
Investopedia is one of the largest websites on the Internet dedicated to investing education. Established during the dot-com boom of 1999, Investopedia serves both beginning investors and experienced traders alike with its wealth of content including an investment encyclopedia, simulator and game that pits prospective traders against each other. Most of this site’s funds come from advertising with some courses costing upwards of $199 as additional costs.
IntoTheBlock
IntoTheBlock is a cryptocurrency market data analytics platform. Utilizing advanced machine learning algorithms, IntoTheBlock gathers and analyses information from multiple sources like exchanges and social media in order to keep traders and investors up-to-date with market trends and can aid portfolio diversification and risk assessment efforts.
IntotheBlock allows users to develop investment strategies that will maximize potential returns, while its tools help assess risk associated with various cryptocurrencies and their underlying blockchain networks – this can be particularly helpful for trend-following strategies which involve investing in multiple coins at the same time.
IntotheBlock provides its users with a 7 day free trial without needing a credit card. It features indicators that use onchain datasets to reveal fundamental analyses for over 900 crypto assets, AI powered directional price predictions and comparisons between spot and derivative trading data for any crypto asset. In addition, active/passive strategies are being created that aim at discovering alpha in crypto markets.
LunarCrush
LunarCrush is a social listening and data analysis platform dedicated to cryptocurrency. They collect information regarding cryptocurrencies, NFTs and stocks before filtering it for proper intelligence before providing it back to their users in beautiful dashboards and real-time data analysis tools. Their extensive research tools can assist investors with making better investment decisions.
This platform takes into account various pieces of data about a coin or token, such as Reddit, Twitter, link popularity, news activity and more to form a score for each coin which can help gauge overall market sentiment.
The platform is free to use, though LUNR tokens must be obtained to unlock most features. These tokens can be earned or purchased on MEXC crypto exchange, and used for daily rewards, premium features access and bonus tokens earned. They may also be used to fund trading bots using 3Commas API that provide automated trades using Galaxy Score research.
