Cindicator CND

Market Cap $ 32.382 MM (#151)
24h Volume $ 338.756 K
Chg. 24h: -5.67%
Algo. score 3.9/5  (#77)
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Cindicator News

Token asset management company Cindicator expands to South Korea

CryptoNinjas Cindicator, a tokenized fintech company developing Hybrid Intelligence (human + artificial intelligence) for effective asset management, announced today the localization of all its products for the South Korean market. The South Korean community is... Token asset management company Cindicator expands to South Korea

6 hours ago

Triangular Arbitrage Today: Easy Profits of up to 17%

In the world of triangular cryptocurrency arbitrage, big profits are relatively easy to achieve. That will only happen if all involved exchanges and currencies offer major liquidity, which is not always a guarantee. The following six options stand out today, as significant profits are waiting to be secured. MANA (Bittrex / CoinDelta / Bitbns) One of the more appealing triangular arbitrage opportunities today comes in the form of MANA. This altcoin can be purchased on CoinDelta with Indian Rupee at a relatively low price. Transferring these funds to Bittrex for a conversion to LOOM allows users to sell the second currency on BitBns for a healthy profit. If successful, gains of roughly 15% are not out of reach by any means. ZRX (Binance / Livecoin / Bitfinex) Whenever a triangular arbitrage opportunity presents itself, one has to look at the exchanges involved. In the case of ZRX, there are several key exchanges involved. Buying ZRX with US Dollars on Livecoin and converting them to CND on Binance is the first leg of the journey. Combined with selling the CND on Bitfinex, traders can achieve profits of roughly 12-13%. EMC (Bittrex / LiveCoin / BitBns) The arbitrage opportunity for EMC is very similar to that of MANA. It requires users to buy EMC on Livecoin and convert it to Loom on Bittrex. That LOOM balance can then be sold on BitBns for a total profit of nearly 11%. All of this will depend on overall liquidity, though, which is always difficult to predict first and foremost. CMT (Binance/ OKEx / Bitfinex) Another opportunity involving only bigger exchanges comes in the form of CMT. Buying this altcoin on OKEX and converting it to CND on Binance is a great opportunity to score some profits. Especially when selling that CND balance on Bitfinex, as that will allow for a total profit of roughly 8% with very little effort involved. QTUM (Bittrex / CoinDelta / Bitbns) It doesn’t happen all that often QTUM arbitrage opportunities arise, even though this altcoin isn’t more stable than others by any means. Buying QTUM with Indian Rupees on CoinDelta allows users to sell them on Bittrex and convert it to LOOM. These LOOM balances can then be sold on BitBns for profits of 15% or slightly more. BCH (Cryptopia / Kraken / KuCoin) It is another Bitcoin Cash arbitrage opportunity, albeit one that involves a bit more work. Users need to buy BCH with Bitcoin on Kraken and send it to Cryptopia for conversion to HST. These HST tokens can then be sold on KuCoin for a net profit of 17%. A very appealing opportunity, as it represents very easy money first and foremost. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Triangular Arbitrage Today: Easy Profits of up to 17% appeared first on NullTX.

7 days ago

Cindicator debunks belief in correlation between bitcoin (BTC) futures expiry and price drops

CryptoNinjas Cindicator, a company which develops predictive Hybrid Intelligence (human + artificial intelligence) for effective asset management, today published a report “Bitcoin Futures: Market Evolution,” a new analysis of the emerging market for bitcoin (BTC) futures. For this... Cindicator debunks belief in correlation between bitcoin (BTC) futures expiry and price drops

24 days ago

Bitcoin Price Isn’t Correlated To Futures Expiration, Research Shows

Cindicator research group recently did a study to determine the correlation between bitcoin’s price and the close of CBOE & CME futures contracts. This study found that as of today, there is no clear relationship between the two.

24 days ago

Cindicator Researches Correlation Between Bitcoin Futures and BTC Price Movements

Cindicator, a US-based fintech company that develops hybrid intelligence (human + artificial intelligence) for effective asset management, released on Oct. 18 a report called “Bitcoin Futures: Market Evolution.” The Study’s Objectives The study investigates whether there is a correlation between the price movements of Bitcoin and Bitcoin futures after their launch on CBOE and CME last year. It consists of two parts: the first one conducts an analysis of the Bitcoin (BTC) trading volumes on the most popular crypto exchanges and the volumes of Bitcoin futures. The second part is focused on Bitcoin price movements around futures expiry dates, attempting to identify evidence of recurring market behavior and patterns during that period. Prior to its launch, the crypto community was particularly torn about the implications that Bitcoin futures would have on the digital currency’s price volatility and, eventually, its growth toward mainstream adoption. Bitcoin futures would provide the regulated environment that institutional investors seek, in order to invest in crypto assets that are generally surrounded by uncertainty. After a thorough look at the volume data, however, Cindicator’s study found that futures are still not a common instrument of exposure in cryptocurrencies, and it speculates that institutional investors may be ignoring the risks and invest in cryptocurrency exchanges directly. Study Concludes - No Concrete Evidence of Correlation After a detailed month-by-month analysis since the Bitcoin futures’ inception, Cindicator came to the following conclusions: Market trends and technical levels can be significantly more impactful on Bitcoin’s price in respect to the price movements near futures expiration dates. There is no tangible evidence that Bitcoin’s price always dumped before futures expiries and pumped right after. It could be valid to take it under consideration when outlining trading strategies during specific market phases, though opening or closing positions based on these price movements in fast market phases have proved to be ineffective. The bearish trend and lowered volatility on Bitcoin trading could attract more institutional investors. Therefore, increasing popularity may change the importance of rolling futures and their impact on Bitcoin’s price movements. This analysis should be reconsidered when futures and over-the-counter trading volumes start to converge. Simon Keusen, head of analytics at Cindicator, said: “Looking at the past movements of Bitcoin’s price, we can see that there is no golden rule for trading based on futures expiration dates. The overall market trends can influence Bitcoin prices in a much stronger way. Our conclusions from this research are a good representation of the overall value we seek to provide to crypto investors by presenting different reasons for why certain market movements might happen and encouraging doing research and using analytical tools.” Cindicator’s hybrid intelligence platform provides forecasts on crypto and traditional markets based on a wide set of machine-learning models and neural networks. It is aimed at improving investment decisions by utilizing predicting analytics and sentiments as a result of the symbiosis of humans and artificial intelligence. Cindicator Researches Correlation Between Bitcoin Futures and BTC Price Movements was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

24 days ago

Guide: How To Buy Cindicator On Binance

[Updated October 2018] — Major cryptocurrencies, such as Bitcoin, XRP, Bitcoin Cash and Litecoin receive the most attention when it comes to crypto investing, but there are many smaller coins worth... Continue reading "Guide: How To Buy Cindicator On Binance"...

25 days ago

Research Shows That Bitcoin Price is Not Correlated with Expiring Futures Contracts

According to a study titled ‘Bitcoin Futures: Market Evolution,’ released by Cindicator (CND), the idea held by many that bitcoin price drops just before the cryptocurrency futures contracts expire is not supported by the facts. While analysis did show some correlation back in January after the futures markets had just launched and the first contracts come up for expiration, since that time the effect of the futures market on the price of bitcoin has become less and less relevant, despite an increase in the number of futures contracts. (JF)

a month ago

Bitcoin Price Not Correlated to Futures Expiration Dates: Research

The common idea that the bitcoin price drops just before the cryptocurrency futures contracts expire has no solid basis, a new study published by Cindicator suggests. The report, titled Bitcoin Futures: Market Evolution, studied bitcoin volumes on futures and spot cryptocurrency exchanges to get an idea about the liquidity and development of the holistic trading market....

a month ago

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