Posts

Showing posts with the label crypto currencies

US and EU stock indices data ingestion currently broken

An update on data ingestion and chart generation Here is a real quick update on what can currently be observed on the main website: Our main data source for US and EU stock indices changed some internals, which is why the automated data ingestion no longer works. Hence, the automatically generated charts stopped updating in June. Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated. The charts for indices from India and all crypto-related things are not affected. What are the next steps to fix the US and EU stock indices charts? We are going to look for another data source and adapt all things accordingly. We will let you know as soon as everything is fixed.    

21Shares Crypto Basket Index ETP Market Breadth Added

Image
21Shares Crypto Basket Index ETP Market Breadth Data now available   Today, we've added market breadth data for the 21Shares Crypto Basket Index ETP .   The 21Shares Crypto Basket Index ETP (ticker: HODL) is a popular instrument to invest in crypto currencies. This security as a WKN and ISIN and can be traded with traditional broker accounts. The ETP covers the five biggest crypto currencies based on their market capitalization. When we added this crypto basket to our website on October the 2nd, the following five crypto currencies were covered: BitCoin, Polkadot, Ethereum, Cardana, Cosmos. As usually, we calculate the market breadth data for this index on daily basis (7 days a week).    

Crypto Market Breadth according to BitPanda's Crypto Index BCI 10 (08.09.2021)

Image
Crypto Market Breadth according to BitPanda's Crypto Index BCI 10 (08.09.2021) BitPanda's Crypto Index BCI 10 has 10 components. It does not mirror the whole crypto market, but gives an impression about how crypto is currently doing.   Here is the market breadth data for the crypto index BCI 10: Market breadth data for BitPanda's crypto index BCI 10 provided by www.advance-decline.net   The market breadth data surely reflects the current development, meaning the little sell-off we saw during the last 24 hours. We now see less crypto currencies trading above their SMA 50, 100 and 200. The decline is particular strong for the percentage of members trading above their SMA 200 (current value is 60% compared to 2 trading days before where we had 100%). The McClellan Oscillator fell below the zero line and the McCllellan Summation Index started its decline (but is still on a high level, though). If only looking at market breadth, the current state is nothing more than a necessary

BCI10 Crypto Index from BitPanda what's happening right now?

Image
BitPandas BCI 10 Crypto Index: What's happening right now? After a strong weekend for crypto, some major currencies seem to take a break from the rally. The BCI 10 Crypto Index represents 10 crypto currencies and might help us to understand: What's happening right now?   Before I start writing, let's look at the BCI10 Crypto Market Breadth data:   Source: https://www.advance-decline.net/crypto-indices/bci-10/ Dissecting the Crypto Market Breadth Data Some would say crypto was overheated a bit after the last strong weekend.  The McClellan Oscillator dances with its zero line, while the McClellan Summation Index seems to have created a top. Values for this indicator are very high, comparable to the golden times from the beginning of the year. The percentage of BCI 10 members trading above their SMA 50 is very high. The percentage of BCI 10 members trading above their SMA 100 is very high. The percentage of BCI 10 members trading above their SMA 200 is continuously rising and