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INDEX Price   

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INDEX

Index Cooperative  

#INDEX

INDEX Price:
$3.75
Volume:
$210.8 K
All Time High:
$65.14
Market Cap:
$27.2 M


Circulating Supply:
7,256,047
Exchanges:
5
Total Supply:
10,000,000
Markets:
5
Max Supply:
Pairs:
13



  INDEX PRICE


The price of #INDEX today is $3.75 USD.

The lowest INDEX price for this period was $0, the highest was $3.75, and the exact current price of one INDEX crypto coin is $3.75130.

The all-time high INDEX coin price was $65.14.

Use our custom price calculator to see the hypothetical price of INDEX with market cap of BTC or other crypto coins.


  INDEX OVERVIEW


The code for Index Cooperative crypto currency is #INDEX.

Index Cooperative is 3.7 years old.


  INDEX MARKET CAP


The current market capitalization for Index Cooperative is $27,219,643.

Index Cooperative is ranked #509 out of all coins, by market cap (and other factors).


  INDEX VOLUME


The trading volume is medium during the past 24 hours for #INDEX.

Today's 24-hour trading volume across all exchanges for Index Cooperative is $210,771.


  INDEX SUPPLY


The circulating supply of INDEX is 7,256,047 coins, which is 73% of the total coin supply.

A highlight of Index Cooperative is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market.


  INDEX BLOCKCHAIN


INDEX is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the INDEX Blockchain contracts with 2 different blockchains.


  INDEX EXCHANGES


INDEX is available on several crypto currency exchanges.

View #INDEX trading pairs and crypto exchanges that currently support #INDEX purchase.


  INDEX RESOURCES


Websiteindexcoop.com
Whitepaperindexcoop.com/whitepapers
Twitterindexcoop
Discordindexcoop


  INDEX NEWS


VanEck's MarketVector Launches Meme Coin Index to Track DOGE, WIF, SHIB,...

    MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index The acceptance of meme coins within the cryptocurrency community is gaining traction, notably with the introduction of the 'meme coin asset class' by traditional finance (TradFi). VanEck's @MarketVector launches $MEMECOIN index, top 6 assets, 30% cap. Warns potential customers: 'These coins are intended for entertainment purposes' pic.twitter.com/ihjhfCNIR4 — matthew sigel, recovering CFA (@matthew_sigel) May 8, 2024 These assets are Shiba Inu (SHIB), Dogecoin (DOGE), Dogwifhat (WIF), Bonk (BONK), Pepe (PEPE), and Floki (FLOKI). DOGE is in the lead, contributing 30.64% to index weighting, followed closely by SHIB at 28.01%. Pepe (PEPE) is at 14.51%, Dogwifhat (WIF) at 12.54%, Floki Inu (FLOKI) at 7.14%, and lastly BONK at 6.7%. A tool for institutional and retail investors, the index uses a cap of 30% on individual coin weightings to ensure diversification and protect against influence from any single asset. Monthly index reviews ensure its relevance and adaptability to the changing meme coin market. For institutional investors, the index offers a structured entry point into a market characterized by volatility and speculation.... read More



This Happened on Coinbase's Bitcoin Premium Index Before BTC Plunged to ...

    In the past few days, Bitcoin (BTC) has fallen from its newly recorded highs to levels not seen in a week, triggering millions in liquidations. Analysts have revealed that the Coinbase Bitcoin Premium Index flashed a bearish signal before BTC slumped. According to an analysis by CryptoQuant, the Coinbase Premium Index dipped below 0.05 some hours before the price of BTC fell more than 7% to $66,000 on Friday and even further on Sunday. Coinbase Premium Flashes Bearish Signal The Coinbase Premium Index is a metric that represents the percentage difference between Binance’s (Tether) USDT pair price and Coinbase Pro’s USD pair price. A decrease in the index indicates that professional traders are less bullish than their retail counterparts, as a larger portion of Coinbase’s trading volume comes from the first investor cohort. A negative trend in the Coinbase Premium Index usually signals a short-term correction within a bullish market, amplifying the likelihood of a pullback and eastside movement in the near term. This also indicates that BTC is unlikely to witness an immediate price increase. The premium’s fall below 0.05 underscored a period of weakened buying pressure from United States investors. The price correction that followed was one analysts deemed necessary. On-chain analysis platforms like CryptoQuant and Bitfinex also warned that BTC faced the risk of a price correction during its ascent above $73,000. A Necessary Correction CryptoPotato repo... read More



Bitcoin Fast Approaching $60,000 As BTC F&G Index Hits 'Extreme Greed'&n...

    After rising 5% in the last day, Bitcoin (BTC) is now rapidly nearing the coveted $60,000 mark. This is because investor interest in the largest cryptocurrency in the world has reached levels last seen during a 2021 boom, bringing it very close to its all-time high. Pre-Halving Rally? Bitcoin Nears $60K The increase in price coincided with a surge in demand as spot bitcoin exchange-traded funds (ETFs) achieved trading volumes of over $3 billion cumulatively on Tuesday. Additionally, other traders cited the anticipated April bitcoin halving as the source of a fresh narrative that spurs a pre-halving increase. The world's most sought-after digital asset's market cap has now reached $1.2 trillion, Coingecko data shows. Joel Kruger, a market strategist at LMAX Group, stated that the market is 'that much more determined to see the level retested and shattered' now that bitcoin is that much closer to retesting its record high. Due mostly to the euphoria surrounding a number of spot bitcoin exchange-traded funds that began trading in January, bitcoin has increased by as much as 16% this week and 35% so far this year. Bitcoin reached its highest level since November 2021 when it surpassed $59,000. The objective of the present surge is to see if the price can rise to $68,790, its all-time high. Six months before a stunning crash in 2022, that peak occurred. According to Coinglass data, futures bets on lower bitcoin prices have taken on $25 million in liquidations since Asian mornin... read More



Bitcoin Fear & Greed Index Reaches Highest Level Since 2021, What To Exp...

    The Bitcoin Fear & Greed Index has risen to its highest level in almost three years, hitting Extreme Greed at rocket speed. Using past performance and indicators, it is possible to deduce where the BTC price is headed next after reaching this new milestone. Bitcoin Fear & Greed Index At New 2-Year High The Bitcoin Fear & Greed Index is a measure of investor sentiment and how they are looking at the market. This can help to figure out if investors are currently putting money into the market or if they are taking money out of it. There are five major categories across the Fear & Greed Index, including Extreme Fear, Fear, Neutral, Greed, and Extreme Greed. The index is ranked on a scale of 0-100, with a range of numbers representing a category of investor sentiment. Extreme Fear is the lowest on this scale, which ranges from 0 to 25. Then, from 26 to 46, we have the Fear. Both of these categories indicate an unwillingness of investors to enter the market and have often presented as the best time to invest in crypto. Next on the scale is 47 to 52, which represents the Neutral territory. Then 53 to 75 is Greed when investors are beginning to feel confident in the market. Finally, 76 to 100 is Extreme Greed, which represents peak bullishness. As the Bitcoin Fear & Greed Index currently sits at 79, which is Extreme Greed, it could carry some implications for the market. Extreme Greed Marks The Top? Just as the Bitcoin Fear & Greed Index can be helpful in determining what is a goo... read More



Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto...

    As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships.Ripple's XRP Loses Ground in HVAC's Crypto Index Revamp The Hong Kong Virtual Asset Consortium has revised its key crypto indexes, notably excluding Ripple's XRP. HKVAC, a non-profit organization that rates digital asset trading platforms and compiles crypto market indexes, announced these revisions in a recent statement. The adjustments include the top five, top 10, and overall crypto indexes. December 2023 saw a notable shift in the crypto market, with Solana (SOL) surpassing XRP in market capitalization, becoming the fourth-largest cryptocurrency. This was a significant factor in HKVAC's decision to replace XRP with SOL in its top five global crypto index. Furthermore, the Avalanche (AVAX) token made its way into the top 10 index, following a surge in its value amidst a general downturn in the crypto market at the end of 2023. This addition came alongside partnerships between traditional finance businesses like JPMorgan and Deloitte with the Avalanche Foundation for asset tokenization initiatives. HKVAC's January statement also noted the inclusion of new cryptocurrencies such as Internet Computer's ICP, Optimism (OP), Injective (INJ), and Immutable (IMX) in its global large crypto index. These updates coincide with Hong Kong's cont... read More



Altcoin Season Index Signals Arrival — Top Tokens Eclipse Bitcoin'...

    According to the Altcoin Season Index from blockchaincenter.net, an indicator signaling the arrival of the so-called 'altcoin season,' the time has indeed come for altcoins. This metric essentially demonstrates that 75% of the leading 50 altcoins have outperformed bitcoin in the past 90 days.Altcoins Ascend as Index Points to Season's Entry In early December 2023, a multitude of cryptocurrency enthusiasts eagerly anticipated the possible onset of altcoin season. Reporting on this trending topic at the time, Bitcoin.com News referred to blockchaincenter.net's Altcoin Season Index, which rated a 47 out of 100. This indicated that as of Dec. 9, 2023, it wasn't yet altcoin season, at least based on the index's assessment. Today, however, the narrative painted by the measurement is entirely different. A preserved snapshot from blockchaincenter.net's index on Jan. 14, 2024, clearly declares 'it's altcoin season.' The index is positioned at 76 out of 100, with any score above 75 signaling an altcoin season. This level was last observed at the close of August 2022 and continued until the end of September that same year. According to the index's methodology, when 75% of the top 50 leading crypto tokens surpass bitcoin (BTC) in performance over 90 days (a season), it is officially considered altcoin season. Altcoin season also took place from the end of March 2021 to mid-June 2021 as well. The leading assets that have outperformed BTC during the season include ORDI, SEI, INJ, SOL, ICP... read More



'Extreme Greed'— Bitcoin's Price Rise Leads to Highest Fear and Gr...

    Hovering just below the $47K mark, bitcoin's price rise has coincided with the Crypto Fear and Greed Index (CFGI) reaching a notable 76 on Jan. 9, 2024. This signals a phase of 'extreme greed,' a sentiment intensity not witnessed since the cryptocurrency's previous bull run in November 2021.Soaring Bitcoin Drives Greed Index to New Highs On Jan. 9, 2024, the CFGI, available on alternative.me, soared to its highest level of 76 out of 100 since its last peak in November 2021. The index functions on the premise that extreme fear can cause bitcoin (BTC) to trade significantly below its fair value, whereas extreme greed might lead to an overvalued state. The CFGI assesses various elements, including volatility, market momentum and volume, social media sentiments, dominance, and trends. This tool mirrors the stock market's Volatility Index or Fear Index, commonly known as the VIX. The VIX, overseen by the Chicago Board Options Exchange (Cboe), gauges the stock market's expected volatility through S&P 500 index options. The alternative.me Crypto Fear and Greed Index has shown a persistent 'greed' sentiment since late October 2023. On Tuesday, the CFGI metric escalated and flashed to 'extreme greed,' climbing to 76 from the previous day's 71, which indicated mere 'greed.' In comparison, coinmarketcap.com (CMC) also presents a Crypto Fear and Greed Index, albeit with a slight variance, marking a 74 out of 100 on Tuesday afternoon (2 p.m. ET), still within the 'greed' category. While ... read More



On-Chain™ Index Ventures Unveils Revolutionary Blockchain-Native P...

    [PRESS RELEASE - Silicon Valley, California, USA, January 9th, 2024] Today, On-Chain Index Ventures, a pioneer in blockchain-native digital asset management, announces the launch of its groundbreaking investment platform. This innovative platform is designed to meet the evolving needs of asset managers, hedge fund managers, and family offices. The company stands out as the only enterprise to offer a platform that utilizes thematic smart contracts offering unparalleled diversification and participation opportunities in the realm of digital assets. Asset managers can now implement a digital asset investment strategy that provides simplicity, complete transparency, and control. “At On-Chain Index (OCI), we cater to high-net-worth individuals' demand for seamless digital asset access with our user-friendly platform, prioritizing simplicity and security. As we redefine digital asset management, our platform now encompasses support for asset managers, hedge fund managers, and family offices to achieve long-term investment horizons,” says Nitin Serro, one of the founding members. 'Our thematic index strategies are designed to simplify the complexity of digital asset investments, allowing asset managers to build confidence in their digital asset.' An OCI client adds, 'The OCI platform empowers effective diversification into digital assets with on-chain visibility. It offers a clear pathway for confidently managing my digital holdings, addressing market needs to prevent fr... read More



Coinbase Premium Index Points to Waning Bullish Sentiment in Bitcoin Mar...

    After posting remarkable gains, Bitcoin entered a new week on shaky ground as sell-offs hint at a shift in sentiment. The traders are currently on edge amid a pause in the once-continuous upward trajectory of its prices. The latest data suggest that professional traders have turned cautious amidst uncertainty in Bitcoin's price. Bitcoin Professional Traders Less Optimistic? The bullish sentiment of professional Bitcoin traders is slowly diminishing. The Coinbase Premium Index, a metric reflecting the percentage difference between Coinbase Pro's USD pair price and Binance's USDT pair price, is signaling this shift. According to CryptoQuant's latest analysis, the Coinbase Premium Index represents the percentage difference between Coinbase Pro's USD pair price and Binance's USDT pair price. A decreasing trend in the index is indicative of the fact that professional traders are demonstrating less bullish sentiment compared to their retail counterparts, considering a significant portion of Coinbase's trading volume comes from such investors. Hence, when Bitcoin's price is increasing in a market with elevated open interest and a decreasing Coinbase Premium Index, it often indicates an overheated market. Bitcoin Still Far From 'Overvalued' Territory Bitcoin experienced a significant decline after surpassing the $44,000 mark. This sudden downturn led to the elimination of hundreds of millions in open interest, indicating the swift liquidation of leveraged long positions in the f... read More



Morpher: Revolutionizing Investment with the Introduction of the Pizza I...

    [PRESS RELEASE - Vienna, Austria, December 12th, 2023] Morpher introduces the Pizza Index, an innovation in turning real-world items into investable markets. Morpher continues to expand its offerings with a variety of unique markets like Sneakers, Watches, NFTs and more unique Indices accessible to all. Morpher's Latest Market Innovation: The Pizza Index Morpher has announced its newest addition to its unique markets - the Pizza Index. This innovative index is an aggregate of several commodity markets, including wheat, tomatoes, onions, mozzarella, and olive oil. These ingredients, essential for making Pizza Pugliese, demonstrate Morpher's unique ability to turn everyday interests into investable markets. The Pizza Index allows investors to engage with the market in a more personal and familiar way, extending beyond traditional stocks and cryptocurrencies. The creation of the Pizza Index reflects Morpher's cutting-edge approach to converting real-world data into Virtual Markets. By aggregating various commodity markets, Morpher has crafted an investment option that resonates with everyday experiences and passions, opening new avenues for personal investment. Diverse Portfolio of Unique Markets Morpher's array of unique markets exemplifies Morpher's commitment to providing diverse and accessible investment opportunities. Additionally, Morpher is actively developing more innovative markets to further expand its offerings. Sneaker Markets In the realm of fashion and collectib... read More



Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals...

    In a recent blog post, ETC Group's Head of Research, Andre Dragosh, provided a comprehensive analysis of the current state of the crypto market. Dragosh’s findings shed light on the market's performance dynamics, profit-taking activity, and derivative trends. High-Risk Appetite In Crypto Market According to Dragosh’s analysis, crypto assets showcased their resilience as they outperformed traditional assets like equities, supported by a significant repricing in monetary policy expectations and short futures liquidations at the beginning of last week.  However, this outperformance encountered some limitations in the short term due to stronger-than-expected US jobs data, which began to dampen the recent rally. The US non-farm payroll growth and unemployment rate surpassed consensus estimates, leading to a reversal in US Treasury yields and a decrease in overall risk appetite across traditional financial markets. Notably, altcoin outperformance gained momentum during the period, with Avalanche (AVAX) and Cardano (ADA) returning over 50% each. Among the top 10 crypto assets, Avalanche, Cardano, and Polkadot (DOT) stood out as the relative outperformers.  According to Dragosh, this surge in altcoin outperformance compared to Bitcoin (BTC) indicates a “high-risk appetite” within the crypto market. On the other hand, on-chain data for Bitcoin suggests that investors are increasingly taking profits, evidenced by the rising number of coins in profit b... read More



XRP Greed Index Soars, Backed By Robust $1.3 Billion Volume – Good...

    The price of XRP, the native token of the Ripple payment network, increased by 4% to $0.639999 over the course of the previous day. This occurred on a day when rising optimism caused the cryptocurrency market as a whole to rise by 5%. XRP has increased by 4% over the past month and by 1.5% in only one week. It is currently the fifth-largest token by market capitalization, having increased by a remarkable 80% since the start of the year. This demonstrates how, in the cryptocurrency world, XRP is moving to its own rhythm. XRP Shows Renewed Vigor Thanks to the general surge in the cryptocurrency market, the token has emerged from a protracted hibernation with encouraging indicators. Even while it hasn't fully restored to its former splendor, the remnants of its strength are beginning to flare once more. In the upcoming days, analysts project another 15% increase, bringing its value to $0.72. Technical indicators show cautious optimism, scoring 72 for 'Greed' and neutral positive mood. When a cryptocurrency's index is labeled 'Greed,' it indicates a positive market sentiment where investors are optimistic and more willing to take risks. This sentiment is measured on a scale ranging from extreme fear to extreme greed, with a 'Greed' leaning suggesting heightened confidence and positive expectations among market participants. A surge in buying demand might push XRP's price higher and into the $0.65–$0.71 supply zone. Confirmation of the continuation of the intermediate tren... read More



Bitcoin Macro Index Enters 'Expansion', Echoing 400% Bull Run Surge

    In a detailed market update, Charles Edwards, founder of Capriole Investment, has provided an in-depth analysis of Bitcoin's current market position, highlighting a pivotal shift to an 'expansion' phase in the Bitcoin Macro Index. This transition is particularly noteworthy as it parallels conditions observed prior to historical price surges in Bitcoin's valuation. Bitcoin has recently experienced a sharp uptick, ascending from $34,000 to an interim high of $38,000. After a brief period of resistance, the price corrected to approximately $36,500. Edwards highlights this movement as a critical technical victory, with Bitcoin overcoming and holding above the major resistance benchmarks of $35,000 on both the weekly and monthly timeframes. This consolidation above key resistance levels sets a bullish context in the high timeframe technical analysis, positioning Bitcoin in a strong technical stance according to traditional market indicators. 'The recent breakout into the 2021 range offers the best high timeframe technical setup we have seen in years. Provided $35K holds on a weekly and monthly basis in November, the next significant resistance is range high ($58-65K).' Bitcoin Macro Index Enters Expansion The crux of Edwards' update is the shift in the Bitcoin Macro Index, a complex model synthesizing over 40 metrics encompassing Bitcoin's on-chain data, macro market indicators, and equity market influences. The index does not take price as an input, thus providing a 'pure funda... read More



As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from Jul...

    The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index's drop as the first correction since the market bottomed in the fourth quarter of 2022. In contrast, the prices of safe haven assets like gold and bitcoin have been on the rise. S&P 500 in Correction Territory Mounting fears that the U.S. economy is headed for recession have now seen the key S&P 500 index drop by just over 10% from the July 31 peak of 4,577 points. Similarly, the Dow Jow Industrial Average ended the last week of October 2023 1.7% lower at just under 32,420 points. The fall of both indices came just days after it was reported that the yield on 10-year U.S. Treasury notes had crossed the 5% mark for the first time since 2007. The S&P 500 has now corrected 10% from its July 31 peak. This is the first such correction since the market bottomed on October 12, 2022. I'm surprised I see no screaming red headlines about this.  It tells me it is not viewed as a big deal. Then … the decline will continue… pic.twitter.com/R2HjEPHnJD - Jim Bianco (@biancoresearch) October 27, 2023 Several media reports have characterized the S&P 500 decline to 4,117 points as a movement to the correction territory. Experts on the U.S. economy like Jim Bianco of Bianco Research concur and believe the trend will likely continue until it becomes a 'big deal.' Bianco, who has been warni... read More



Bitcoin Fear and Greed Index Soars to 2-Year High: What Does This Mean?

    The Crypto Fear and Greed Index has soared to levels last seen in November 2021, when bitcoin (BTC) hit an all-time high of more than $69,000. According to crypto data source Alternative.me, the Fear and Greed Index is currently at 71, indicating a greed sentiment among market participants. BTC Investors Have Become Greedy The Crypto Fear and Greed Index is a popular tool that measures investor sentiment across the digital asset market. It postulates two assumptions: extreme fear is a sign that investors are too worried and that could be a buying opportunity, while excessive greed means the market is rising and due for a correction, pushing investors to be cautious. The index uses several metrics, including volatility, market momentum, social media, surveys, Bitcoin’s dominance, and trends, to analyze the current sentiment of the market on a meter from 0 to 100, with 0 signaling extreme fear, 50 signifying neutrality, and 100 indicating extreme greed. When the market is rising, people tend to get greedy, and the fear of missing out (FOMO) sets in, leading to impulsive buying and selling of crypto assets. As the Fear and Greed Index is currently at 71, it is a sign that investors are more confident in the prospects of cryptocurrencies, especially BTC. What Does This Mean? On October 24, BTC recorded its latest single-day surge in over a year, climbing 14% to the $35,000 level. The pump was attributed to excitement around the possible approval of BlackRock’s spot Bi... read More



Dogecoin Aggressive 12% Leap: Fear/Greed Index Uncovers Bullish Sentimen...

    Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. This substantial rally allowed the cryptocurrency to surpass a significant resistance level positioned at $0.0640. Notably, this price breakthrough represented a momentous achievement for Dogecoin, as it hadn't reached such heights since August 31. The cryptocurrency's remarkable rebound from a low of $0.06068 indicated a resurgence in investor interest and enthusiasm, underlining the dynamic and often unpredictable nature of the cryptocurrency market. This event also served as a reminder of Dogecoin's ability to capture the attention of traders and investors, prompting them to join the fray during this period of heightened market activity. Dogecoin: Market's Shift Toward 'Greed' Territory In a recent X post by @DogecoinFear, an intriguing insight into the Dogecoin Fear and Greed Index emerges, revealing a current score of 71, which signals that the market may be entering 'greed' territory. Dogecoin Fear and Greed Index is 71. Greed pic.twitter.com/TEgVW6MunR — Doge Fear and Greed Index (@DogecoinFear) October 24, 2023 In this context, 'greed' signifies an intense desire for profit. A high score on the Dogecoin Fear and Greed Index, like the 71 mentioned, reflects a market where many investors are primarily motivated by the pursuit of substantial financial gains. This heightened 'greed' sentiment can raise concerns about pote... read More



Bitcoin Lingers in a 'Neutral' Phase as the Fear and Greed Index Signals...

    On Sunday, October 8, 2023, bitcoin's price teeters just below the $28K threshold, marking a 2.6% rise from the previous week. Presently, the Crypto Fear and Greed Index (CFGI) hovers at a 'neutral' 50 out of 100, a stance it's held over the past week. Technical data reinforces this balanced outlook, indicating bitcoin's price movement has nestled into a tighter band. Bitcoin's Tightrope Walk Continues While the Fear and Greed Index Reflects Undecided Sentiments A week prior, bitcoin (BTC) was priced at $27,189 per unit. Over the past day, its value danced between $28,103 and $27,770. This week witnessed a 2.6% climb in bitcoin's value, and it surged by 7.9% on a 30-day scale. Throughout these fluctuations, the Crypto Fear and Greed Index (CFGI) has unswervingly projected its 'neutral' position - not just today, but yesterday and the entire past week. In essence, the CFGI serves as a barometer, gauging the prevailing mood of the bitcoin marketplace. Its goal? To arm traders with insights into the collective psyche of market players. The rationale being that overwhelming fear can depress prices too much, while rampant greed can inflate them excessively. By tapping into current sentiments, traders could pinpoint potential buy or sell moments. Interpreting the CFGI, one encounters phases like extreme fear, fear, neutral, greed, and extreme greed. On October 8, 2023, alternative.me pegs the CFGI at 50, a slight rise from last week's 48. Coinmarketcap.com's 'Fear and Greed' index... read More



India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index

    Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. 'The Central & Southern Asia and Oceania (CSAO) region dominates the top of the index, with six of the top ten countries located in the region,” Chainalysis noted.Chainalysis Previews Latest Crypto Adoption Index Blockchain analytics firm Chainalysis published an excerpt from its upcoming 2023 Geography of Cryptocurrency report on Tuesday, which featured the firm's fourth annual Global Crypto Adoption Index. The complete report is scheduled for release next month. “We combine on-chain data and real-world data to measure which countries are leading the world in grassroots crypto adoption,” Chainalysis explained, noting that there were 154 countries with sufficient data for evaluation. “We’ve designed the Global Crypto Adoption Index to identify countries where the most people are putting the greatest share of their wealth into cryptocurrency.” Moreover, the firm detailed that its Global Crypto Adoption Index is made up of five sub-indexes, adding that each of those sub-indexes is based on countries’ usage of different types of cryptocurrency services. According to the index, India ranks first overall, followed by Nigeria, Vietnam, the U.S., Ukraine, the Philippines, and Indonesia. Chainalysis described: The first key takea... read More



Cambridge Revises Bitcoin Mining Index, Lowers BTC's Estimated Power Use

    Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency's energy use after finding its previous model greatly overstated power consumption.Cambridge Centre Revises Bitcoin Energy Estimates Downward: Corrected Index Reflects More Accurate Power Consumption In a report published this week, the research center said its prior methodology, in place since 2019, worked well during periods of low mining profitability but exhibited 'shortcomings' when profits surged, particularly in 2021. The previous index equally weighted all profitable mining machines in use, which led to an overrepresentation of older, less efficient models when mining was highly lucrative. 'Evidence suggests this bottleneck resulted in even next-generation hardware being stored in warehouses due to a lack of space in data centers,' the report stated. 'Given that even new machines were being stored, it is reasonable to infer that mining operators would have already replaced all old machines with newer models, exploiting all possible means to enhance the overall efficiency of their mining operations.' Cambridge said it has now integrated a weighting factor into its calculations to better account for the disproportionate impact of new, more powerful mining rigs on Bitcoin's total computing power and energy draw. It also added a two-month lag between the release and operation of new equipment. The changes cut Cambridg... read More



First Time in 3 Months: Bitcoin Fear and Greed Index Signals Fear for 2 ...

    The indicator that displays the general sentiment toward bitcoin - the BTC Fear and Greed Index - dropped to 'Fear' territory on June 13 and June 14. The last time the metric remained in that zone for two consecutive days was in the first half of March. One possible reason behind the trend's change could be the shockwave the US SEC caused on the crypto market after filing lawsuits against Binance and Coinbase. Bitcoin stood well above $27,000 last Monday but went through some highly volatile trading days and multi-month lows during the week. Is it Time for 'Fear' Again? The legal war that the US SEC waged against Binance and Coinbase has affected the entire cryptocurrency market and mostly the numerous altcoins the agency claimed to be unregistered securities. Nevertheless, the actions of the regulator also harmed BTC's price, which went from $27,000 to a multi-month low of under $25,400 after the two lawsuits were announced. Despite recovering some of its losses, the damage seems to be done, at least according to the popular Bitcoin Fear and Greed Index, which headed south. It entered into a 'Fear' zone on June 6 (the day when the American securities regulator filed a lawsuit against Coinbase and 24 hours after it did so with Binance) for the first time in nearly three months. The SEC lawsuit, which claimed that several altcoins should be deemed as securities, kept the metric within a 'Fear' level for just one day. However, it tumbled again on June 13 and June 14 ... read More



J'JO's Crypto Index Investing: Protecting Portfolios From Risks and Incr...

    The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people now believe in the potential of futuristic asset classes like crypto. Particularly since innovators are bringing novel utilities to the table. But the road ahead isn’t all rosy. We must overcome several challenges before crypto-based assets bloom fully. One key issue is the lack of simple, user-friendly, and stable instruments for beginner and pro investors. For instance, index investing, despite its strong track record in traditional finance, is mostly inaccessible to the crypto community. This exposes investors to market-related risks like high volatility, reducing their scope for diversification and generating suboptimal returns. J’JO provides a solution to these problems with its advanced index-based investment service for crypto markets. Besides making crypto investing safer and more accessible, the service helps improve financial planning for investors across the board. Why crypto needs simpler investment instruments Cryptocurrencies have shown a meteoric rise in popularity. This is great from the perspective of how this asset class provides value across industries and market segments. From digital currencies to luxury items and real estate, we now have unforeseen r... read More



Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid St...

    According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto asset's resurgence to 'increased volatility from the banking crisis' and to Binance's decision to end part of its zero-fee incentive scheme for bitcoin trades. Bitcoin Beats Nasdaq Index and Gold After closing the past year trading below $17,000, bitcoin staged a comeback that saw it close the first quarter (Q1) of 2023 trading above $28,000. With this performance, bitcoin, which eventually went past the $30,000 level, has outperformed major asset classes including the Nasdaq index and gold, data from the latest Coingecko crypto industry report has shown. As shown in the report, bitcoin's quarter-on-quarter (QoQ) growth of 72.4% makes it the best-performing asset during the period. The Nasdaq index and gold were the second and third-best performers with gains of 15.7% and 8.4%, respectively. Although bitcoin and the entire crypto market's recovery are known to have begun sometime in January, according to the report, the U.S. banking crisis might be the primary reason why interest in this asset class has surged. 'Trading volume saw an upswing in January 2023, when the market started rallying. It then spiked momentarily in early March due to increased volatility from the banking crisis... read More



Argentina Approves BTC Index Futures Contracts on Matba Rofex Exchange: ...

    Argentina's securities regulator - the National Commission of Value (CNV) - reportedly authorized the local exchange Matba Rofex to launch regulated Bitcoin index futures contracts.  Argentines have recently shown rising interest in the primary cryptocurrency and other digital assets. One factor behind the surging appetite could be the concerning inflation rate in the country and the political instability.  Additional BTC Options for the Locals The BTC index futures contracts will enable locals to gain exposure to the price of the primary cryptocurrency without having to hold the asset. Deposits will be made in Argentine pesos - the nation's official currency - via bank transfers.  The CNV's approval is part of a broad strategy to embrace new technologies and promote a variety of monetary products to the population. The domestic exchange Matba Rofex must have a valid agreement with a Payment Services Provider (PSP) registered with Argentina's central bank to launch such contracts. Its President - Andres Ponte - praised the entity for becoming the first in Latin America to offer regulated BTC futures. The platform will also warn investors about the possible risks when dealing with the asset class due to its infamous volatility. Cryptocurrencies have become increasingly popular in the South American country lately. The political chaos and monetary issues could be a reason for that interest. As CryptoPotato reported last summer, numerous local ... read More



US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From...

    On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate.U.S. Inflation Cools for the 9th Straight Month Investors were pleased to hear the latest U.S. Consumer Price Index (CPI) report on Monday, which noted that inflation has cooled over the last nine months. 'The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in March on a seasonally adjusted basis, after increasing 0.4% in February,' the U.S. Labor Department explained on Wednesday. The news follows the U.S. central bank raising the benchmark interest rate by 25 basis points last month. The Fed has increased the federal funds rate nine times in a row, to a total of 475-500 basis points. The latest data indicates that inflation has dropped significantly since last year in the U.S., but it is still far from reaching the Fed's stated goal of 2%. After the CPI report was published, the global crypto economy's total market capitalization jumped to $1.23 trillion. It had dropped a few percentage points on the night of April 11, 2023, at 10:45 p.m. Eastern Time. Currently, bitcoin (BTC) is trading above the $30,000 range, up 0.80% after the Labor Department's CPI report was published. Gold is up 0.81% and trading for $2,021 per troy ounce, while silver is up... read More



Bitcoin Fear and Greed Index Spikes to 16-Month High as BTC Exceeds $28K

    The Fear and Greed Index - a metric that shows the overall sentiment toward bitcoin - currently points at 66, the highest level since November 2021. One factor behind the investors' predominantly bullish perspective could be the impressive price performance of the primary cryptocurrency, which has been up nearly 30% for the past week. Greed Among Investors  Most cryptocurrencies, including bitcoin, have recently shown remarkable resilience to the global economic issues surging to levels unseen in several months. The primary digital asset recently tapped $28,500, increasing its price by almost 30% in one week.  The rally seems to have affected the popular Bitcoin Fear and Greed Index - a metric that tracks numerous segments, such as price volatility, social media comments, and surveys, to determine the momentary investor sentiment towards BTC.  Currently, it sits in 'Greed' territory, pointing at 66. The last time the index reached that mark was in mid-November 2021, a few days after bitcoin hit its all-time high price of nearly $70,000. Fear & Greed Index, Source: alternative.me The bullish stance on the asset coincides with the view of some crypto proponents that the bear market has finally loosened its grip. They believe the asset class could continue its impressive performance in the background of a potential banking crisis.  Bitcoin and the altcoins are yet to be put to the test after the US Federal Reserve announces the results of its ... read More



Bitcoin Fear and Greed Index Drops to 2-Month Low

    The cryptocurrency industry experienced its own set of failures last year when numerous internal companies and projects imploded, resulting in declining prices, countless bankruptcy filings, and, somewhat expectedly, lots of investor losses. This year started on a positive note, but crypto has once again taken a serious hit - this time, the most apparent reason coming from outside players. All of this has harmed the performance of bitcoin and most altcoins, resulting in yet another change in the overall sentiment. BTC Shuttered Amid Banking Issues The first several weeks of 2023 saw BTC finally overcoming $17,000, which propelled a mini bull run that drove the asset to and beyond $25,000 in February. After adding almost 50% in this timeframe and charting a multi-month high, the popular Fear and Greed Index skyrocketed from deep within 'fear' and 'extreme fear' to greed. Yet, bitcoin couldn't double down on its positive run, even though many industry experts suggested that the bear market was finally over and BTC could go back to charting new highs. Just the opposite, the asset stalled before it dropped back down to around $22,000. More price declines came, with the possible reasons ranging from the US government supposedly selling seized BTC from Silkroad on Coinbase to even further interest rate hikes. Then came some less-expected issues. Silicon Valley Bank - a large commercial bank, or what bitcoin was created to fight against, collapsed on Friday after it failed to raise ... read More



Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From 'Extrem...

    Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating 'extreme fear.' Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting 'greed.'Crypto Fear Index Jumps to 'Greed,' Etoro Market Analyst Attributes Bitcoin's Rise to Shift in Investor Expectations Records show bitcoin (BTC) saw significant value growth in the first month of 2023, with a 39% increase against the U.S. dollar. On Jan. 29, 2023, BTC reached a 30-day high of $23,954 per unit, with prices ranging from that value to a low of $22,988 over the past 24 hours. This rise has significantly raised the Crypto Fear and Greed Index (CFGI) hosted on alternative.me, moving it from the 'extreme fear' zone to the 'greed' range in the course of the month. Last week, CFGI records showed a score of around 50, indicating 'neutral,' according to alternative.me. Seven days later, the CFGI score rose to 61, meaning 'greed.' The website states that when crypto investors become too greedy, it signals the market is due for a correction. The CFGI score has remained above the neutral range of 50 since Jan. 23, 2023, after spending a significant amount of time below 45 prior to Jan. 14, 2023. On Monday, bitcoin (BTC) prices saw weakness against the U.S. dollar as traders took profits. In a note sent to Bitcoin.com News, Etoro's market analyst, Simon Peters, attributed the halt in crypto price declines to ... read More



BTC Fear and Greed Index Flashes 'Greed' for the First Time in 10 Months

    The metric showing the community's general sentiment toward bitcoin - the Fear and Greed Index - entered into the 'greed' zone for the first time since March 30, 2022. This could be a result of the price increase of the primary cryptocurrency during the first month of the year and the overall revival of the entire market. Back to 'Greed' Contrary to the economic crisis that has spread across the globe, bitcoin has started off the year on the right foot. It currently trades at around $23,000 (according to CoinGecko), which is a 40% increase compared to the last day of 2022.  The BTC Fear and Greed Index, which works as an indicator of momentary investor sentiments towards the digital asset, was stuck in the 'Fear' or 'Extreme Fear' territory for several months because of the prolonged bear market and the numerous bankruptcies and scandals in the industry. However, the asset's spike seems to have changed the trend, and today (January 27), the metric pointed at 55 - 'Greed.' The last time the Index reached that level was approximately ten months ago. Bitcoin Fear and Greed Index. Source: Alternative.me It is worth noting that the increased confidence among crypto investors should not be directly considered a catalyst for a renewed bull run. In fact, the metric being in a state of 'Fear' or 'Extreme Fear' could indicate a good buying opportunity, while too greedy investors could mean that the market is due for a correction. Could BTC Sustain the Rally? The asset's impre... read More



CryptoQuant's Bitcoin PnL Index Forms Bullish Crossover

    CryptoQuant's Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets. Bitcoin On-Chain PnL Index Has Formed A Bullish Crossover As per data from the on-chain analytics firm CryptoQuant, the index is indicating a buy signal for BTC right now. The 'CryptoQuant on-chain PnL index' is a metric that combines three different indicators into one to point out tops, bottoms, and cyclical shifts in the price of Bitcoin. The first of the metrics that the PnL index uses is the 'MVRV ratio,' which is a model that checks whether BTC is currently overvalued or undervalued by comparing the crypto's market cap with a fair value model called the 'realized cap.' The second relevant indicator here is the 'NUPL,' which tells us whether the Bitcoin market as a whole is currently carrying an unrealized profit or an unrealized loss. This metric can provide hints about whether there is a buying or selling motive among investors right now. Finally, there is the Spent Output Profit Ratio (SOPR), which tracks whether the average holder is selling at a loss or a profit at the moment. The SOPR shouldn't be confused with the NUPL, as the quantity being measured by the NUPL is the 'unrealized' profit/loss, which is the profit or loss that investors have accumulated but are yet to harvest (or 'realize') as they are still to sell their coins. There are actually two SOPR metrics of interest here; the version specifically for the short-... read More



Bitcoin Fear and Greed Index Rises to 'Neutral' for the First Time in 9 ...

    The Bitcoin Fear and Greed Index - a metric that determines the community's general sentiment on the primary cryptocurrency - spiked to a state of 'Neutral' for the first time in nearly nine months. The increase comes as a result of BTC's positive start in 2023. At Last, out of the 'Fear' Zone The Bitcoin Fear and Greed Index tracks multiple segments, including price volatility, social media comments, surveys, and others, to display the momentary investor sentiment toward the leading digital asset. It provides results between 0 ('Extreme Fear') to 100 ('Extreme Greed'). The Index pointed at 52 yesterday (January 15), meaning it was in 'Neutral' territory for the first time since April 5, 2022. It was either in the 'Fear' or 'Extreme Fear' zones during the past nine months, prompted by the prolonged bear market and the adverse events that surrounded the cryptocurrency industry (the Terra crash, 3AC's bankruptcy, the collapse of FTX, and many more). The main reason for the recent surge could be bitcoin's price increase. The asset has added approximately 25% to its USD value since the start of the year, currently trading at around $20,800. It hit almost $21,500 earlier today (January 16)- a 10-week high. Despite the promising results, though, the Bitcoin Fear and Greed Index has now returned to the state of 'Fear,' dropping to 45.  The entire digital asset sector has seen moments of revival over the last several days, with the global crypto market cap touching the $1 ... read More



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