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Finally! Historical Market Capitalization and more

New features and metrics available on IntoTheBlock Analytics

We’re happy to release a valuable update to IntoTheBlock Analytics. We’ve improved several indicators and metrics including historical correlation, historical market cap, circulating supply and many more!

There are 6 main improvements to our blockchain analytics platform that will help you get additional insights and guide your trading decisions. Let’s go through each of them.

Historical Market Cap

We now provide the daily market capitalization from the beginning of each asset. Market capitalization is the total dollar value of all the coins that are in circulation. This is an important metric because it helps you assess the value of a crypto asset with the circulating supply in mind.

Historical Market Cap
Historical Market Cap

Circulating Supply

We now provide the daily circulating supply from the beginning of each asset as well. This refers to the number of cryptocurrency coins or tokens that are publicly available and circulating in the market.

Circulating Supply
Circulating Supply

Correlation Matrix & historical correlation

We now provide a correlation analysis between any crypto asset and the top 10 assets ordered by Market Cap, instead of only the correlation to BTC. The time frames we support are 30 days and 60 days.

Correlation Matrix & historical correlation
Correlation Matrix & historical correlation

With these new metrics, you will also be able to analyze the historical correlations per asset.

Time held of coins transacted

With this new release we provide insights into how long coins are held before they are transacted. This chart includes price and volume of transacted coins. This can be useful to analyze because it helps to understand the behavior of holders of a specific asset and potential selling pressure.

Time held of coins transacted
Time held of coins transacted

Holdings Distribution Matrix

Last but not least, we now provide a simple breakdown of the number of addresses and volume held by different levels of holdings in our crypto Holdings Distribution Matrix. This table makes it easier to view how assets are distributed in the market.

Holdings Distribution Matrix
Holdings Distribution Matrix

Whilst this release brings a lot of exciting new metrics to our Analytics platform, we have plenty of things coming in the near future, including new assets and more features. Sign up for a free trial and click here to try out all the improved cryptocurrency analytics

 

Disclaimer

This content by cryptomentor.info is in no way a solicitation or offer to sell cryptocurrencies, securities, shares, financial assets or investment advisory services. cryptomentor.info is not intended to be a source for professional advice. Our content is intended to be used and must be used for informational purposes only and this is not a place for giving or receiving financial advice, advice concerning investment decisions or tax or legal advice. It is very important to do your analysis before making any investment based on your circumstances. Readers should always seek the advice of a qualified professional before making any investment decisions.

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