Crypto trading has quickly become one of the most sought-after investments, yet remains extremely volatile. To reduce risk and keep costs to a minimum, technical tools that offer insight into market dynamics should be used.
Coinmarketcap is an reliable source for information on digital assets with an intuitive user-friendly interface. Basic data are accessible for free; users may upgrade for access to more sophisticated screens and charts.
CoinDesk
CoinDesk is a crypto news website that provides in-depth coverage of Bitcoin and other digital currencies, along with guides for new investors. Furthermore, CoinDesk helps keep an eye on your investments by tracking real-time prices – essential tools if you wish to maximize the potential of your investments.
Developers can leverage key CoinDesk features into their applications and platforms using the CoinDesk APIs, including short code snippets that allow developers to search articles on CoinDesk while also offering end-users similar functionality.
CoinDesk was recently purchased by Bullish, a digital asset exchange run by former New York Stock Exchange President Tom Farley and marks another setback to Barry Silbert’s once mighty crypto empire.
Investopedia
Investopedia is an online learning platform designed to teach users the ins-and-outs of purchasing and selling securities. Users receive virtual money to invest with, while tracking its simulated value over time. Furthermore, this resource also offers educational materials and glossaries designed to help students better comprehend investment concepts within an everyday context.
Users of the Site are solely responsible for ensuring they possess all necessary hardware and software to access and utilize this Site and its Services. No portion of this Site may be used commercially without first receiving written approval from Investopedia.
Investopedia does not offer the watchlist feature found on other trading simulators, which is an unfortunate lack of functionality for investors looking to monitor specific stocks, like Volkswagen and LVMH that dominate European markets but do not appear here.
IntoTheBlock
IntoTheBlock’s platform empowers users to gain market insights and execute sophisticated quantitative strategies across a number of crypto markets, while providing tools for risk monitoring and management. In addition, IntoTheBlock boasts extensive expertise in DeFi and is working towards institutional adoption of cryptocurrency technologies.
Blockchain IntelligenceTM features enable users to gain a comprehensive understanding of the technology that underlies digital assets, helping them craft effective investment strategies and managing cryptocurrency portfolios effectively. Real-time analytics and market trends analysis also aid users in optimizing their cryptocurrency holdings.
IntoTheBlock’s platform is simple to navigate and provides data-driven insights that can assist investors with investment decisions. Users can take advantage of custom alerts on this platform to stay abreast of price movements or significant events happening within the crypto market.
TradingView
TradingView is an advanced platform that enables users to implement various analytical strategies. With its vast collection of integrations and features, TradingView serves traders and investors alike. Furthermore, it boasts an impressive set of technical analysis tools.
This platform also boasts an expansive idea repository for peer review and backtesting trading strategies, while intuitive visualizations make market data easy to interpret. Furthermore, users can interact with one another on the platform via commenting, following, and real-time chatting features.
The program is compatible with desktop computers, supporting multiple monitors. The multi-chart feature of this application is especially helpful in comparing various data sets simultaneously, and traders can create customized chart layouts according to their specific needs.
Glassnode
Glassnode offers on chain analysis to assist investors and traders in making informed financial decisions. Their tools include metrics, guides, industry leading The Week On-Chain newsletter and their academy section where users can learn about crypto financial indicators.
Recently, the company reached 800,000 users and is rapidly growing. Oliver Stauber (ex Bitpanda) as Chief Legal Officer, Chris Grundy as Vice President of Marketing, and Andreas Thode as Head of Institutional Sales have all joined to facilitate growth.
The API provided by Coin Metrics offers live and historical multi-asset on-chain data for use by trading platforms, exchanges, hedge funds, family offices and banks. Coin Metrics’ main competitors are Riskbloq Kaiko Amberdata with over 150 employees located out of Zurich based headquarters.
