Coin Metrics Adds Data From Twitter Into Its Platform via Social Market Analytics Partnership

2019-6-18 00:29

The cryptocurrency data company Coin Metrics will be incorporating Social Market Analytics’ (SMA) crypto data feed into the market data platform they have. This would allow users to know more about the virtual currency market and the sentiment in the space.

The information was released a few hours ago by The Block. Coin Metrics Adds […].

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This paper investigates whether Tether, a digital currency pegged to U.S. dollars, influences Bitcoin and other cryptocurrency prices during the recent boom. Using algorithms to analyze the blockchain data, we find that purchases with Tether

Using algorithms to analyze the blockchain data, we find that purchases with Tether are timed following market downturns and result in sizable increases in Bitcoin prices. Less than 1% of hours with such heavy Tether transactions are associated with 50% of the meteoric rise in Bitcoin and 64% of other top cryptocurrencies. The flow clusters

2018-6-13 19:39


Фото:

Research shows Bitcoin’s price increased due to tether manipulation

The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. The published study states that the researchers used “algorithms to analyze the blockchain data, we find that purchases with tether are timed following market downturns and result in sizable increases in bitcoin prices.

2018-6-13 19:31