When it comes to cryptocurrency trading analysis, there are various tools available that can assist in better comprehending the market and making informed decisions based on data and technical analysis.
CoinMarketCap is the go-to cryptocurrency analysis website, offering comprehensive cryptocurrency market data such as prices, market capitalization and trading volume. Plus it features news updates as well as various handy tools.
CoinDesk
CoinDesk is the go-to source for cryptocurrency news and information, digital assets, blockchain technology and its implications on money’s future. Their editorial team strives to meet the highest journalistic standards while adhering to rigorous policies to ensure transparency for their readers. Their parent company Digital Currency Group invests in cryptocurrency and blockchain startups – thus giving CoinDesk journalists exposure to DCG equity as part of their compensation package.
Coinlib’s website also features a price tracker to enable investors to compare prices across exchanges and identify arbitrage opportunities. Furthermore, there is also an analysis tool that lets users view stats for up to four coins or tokens simultaneously and help decide which cryptocurrency they would like to invest in or sell off.
CoinDesk also hosts various industry events and webinars throughout the year, most notably Consensus – the premier cryptocurrency, blockchain and Web3 event. CoinDesk Indices provides institutional single asset reference rates and indices along with research reports published by its website; developers can integrate CoinDesk features on their platforms using its API which features short code snippets so developers can add CoinDesk functionality quickly and efficiently onto their platforms using its short API code snippets.
Investopedia
Investopedia is an online financial website offering articles and services related to finance, investing, and trading. While its content should not be taken as the definitive advice from qualified attorneys, accountants, or financial advisors. This site includes money management articles such as taxes, savings plans and retirement. In addition, reviews and ratings of brokers and trading accounts are also provided on Investopedia.
Established in 1999 as a free, impartial source of investing information, ValueClick acquired it in 2007 before selling it later to Forbes who now own it.
Investopedia provides some useful trading tools, including real time charts. However, the platform lacks virtual trading environments as well as many features available on modern trading platforms – including cryptocurrency trading capabilities which could prove essential in becoming more successful traders in the markets.
Nansen
Nansen, named after Fridtjof Nansen – the famed Norwegian explorer, scientist, diplomat and humanitarian – provides crypto investors with a massive amount of blockchain data intelligence. Our technology continuously analyzes petabytes of cryptocurrency trading data each day for customer insight into what drives crypto markets.
Nansen also provides NFT analytics, allowing users to keep an eye on the performance of non-fungible tokens (NFTs). These unique digital assets represent ownership over art pieces, music albums and video games – some have even sold for millions!
Medvedev reported that Nansen’s platform required auto-scaling compute and data analytics power in order to process the daily terabytes of raw crypto trading data that is processed. Google Cloud enabled Nansen quickly scale up in response to these needs while also customizing news feeds for each customer – leading to over 20x growth this year alone in new subscribers!
Cryptowatch
Cryptowatch is a real-time cryptocurrency market data, graphing and trading platform connecting users directly with their desired exchanges. The platform features over 700 markets spanning 25 exchanges that provide real-time prices and liquidity for crypto assets as well as various charting tools and indicators like Moving Averages, MACDs and RSIs for monitoring price changes and liquidity changes in real time.
CryptoWatch offers various payment options, including Pay as You Go (PAYG) and Subscription services. Both options depend on how many Credits a user possesses and can be activated or deactivated at any time; however, any paid services will automatically convert into subscriptions at the end of a 14-day trial period.
The platform relies on API connections to securely link up with any exchange a user chooses in order to monitor their portfolio performance. While this method provides more security than simply exchanging funds directly between exchange accounts, for optimal safety it is advised that tokens be stored in an Ethereum blockchain wallet instead.
