BitYard Partners with IntoTheBlock
BitYard is one of the most well-known cryptocurrency exchanges. BitYard is frequently referred to as a global investor’s one-stop trading platform. Since 2019, it has continued to provide global users with professional, convenient, and novel trading services. Takes cryptocurrency trading to a whole new level, enabling customers with a better trading experience, with a new tagline “Grow your future in the Yard” and a fundamentally enhanced user interface.
BitYard has just published a new component in their app that uses IntoTheBlock to help traders make better-educated decisions. The section displays some of IntoTheBlock’s indicators based on blockchain, price, social, and other variables, on which statistical and machine learning models have been applied, for each crypto asset.
Holders Making Money at Current Price: The percentage of addresses that would make a profit if sold at the current price against those that would lose money.
Concentration by Large Holders: The percentage of an asset’s value that is concentrated at addresses that possess more than 0.1 percent of the total value in circulation.
Holders’ Composition by Time Held: The following is a breakdown of the amount of activity of an asset’s owners: How many addresses have the asset for more than a year, less than a month, or somewhere in between.
Transactions Greater than $100k: Shows the quantity and trend of onchain transactions over $100,000, giving an indication of significant players’ activity and momentum.
Transaction Demographics: A comparison of the quantity of blockchain transactions that take place during “Eastern” (Asian) trade hours against “Western” trading hours.
Exchanges Inflows and Outflows:ITB’s machine learning-based models are used to calculate asset flows into and out of the main exchanges serviced by ITB.
The bottom segment of IntoTheBlock’s signals, which are based on the momentum of some of ITB’s most important indicators.
The “Dive Deeper” buttons will take traders to the IntoTheBlock Platform, where they will find a portfolio of over 120 intelligent signals concerning traditional crypto assets, specialty marketplaces like DeFi, and event price-prediction models.
We’re excited at IntoTheBlock about this new agreement, which will allow us to distribute our data to Bityard’s burgeoning crypto community. We’re excited to learn about your Bityard and IntoTheBlock experiences.
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