|All Time High:|
|Market Cap: |
|The price of #INDEX today is $1.72 USD.|
The lowest INDEX price for this period was $0, the highest was $1.72, and the exact current price of one INDEX crypto coin is $1.72259.
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 ETH or other crypto coins.
|The code for Index Cooperative crypto currency is #INDEX. |
Index Cooperative is 2.3 years old.
|The current market capitalization for Index Cooperative is $12,227,265.|
Index Cooperative is ranking upwards to #560, by market cap (and other factors).
|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 $216,039.
|The circulating supply of INDEX is 7,098,202 coins, which is 71% 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.
More Index Cooperative (#INDEX) News
|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 ...
|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...
|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-...
|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 ...
|Bitcoin Volatility Index Suggests Large Price Move Arriving Soon
Historical data of the Bitcoin volatility index hints that the price of the crypto may observe a big move in the near future.
Bitcoin Volatility Index Has Recently Been Below A Value Of 25
As pointed out by an economist on Twitter, the volatility index has declined into a zone that has historically been followed by an explosive move in BTC.
The 'volatility index' in question is the BitMEX .BVOL index, and according to the exchange, the metric's value 'is the rolling 30 day annualized volatility of the daily 11:30 UTC to 12:00 UTC Time Weighted Average Price (TWAP) of Bitcoin / USD.'
Here, the Time Weighted Average Price is calculated using measurements made at 1 minute intervals for a period of half-an-hour.
What this index tells us is how much has the recent BTC price deviated from the average, or more simply, how volatile it has been recently.
High values of the metric suggest the crypto has shown some sharp moves recently, while low ones imply a stale market.
Now, below is a chart that shows how the Bitcoin volatility index's value has changed during the last few years:
The value of the metric seems to have been quite low in recent days | Source: Alex Krüger on Twitter
As you can see in the graph, the analyst has marked relevant points of trend between the Bitcoin volatility index and the price of the crypto.
It looks like whenever the indicator has dipped below a value of 25, and then subsequently bottomed below the level, the BTC price has seen some significant mo...
|USD Index Starts Inching Toward Highs Again, Société G&eac...
In 2022, the U.S. dollar has been very strong, despite the global economy's downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will likely rally back toward the 114.8 high.Greenback Index Starts Climbing Again After the Recent Pullback, Société Générale Economists See a 'Prevalence of Upward Momentum'
The U.S. dollar, otherwise known as the greenback, has been a formidable foe against a myriad of fiat currencies this year. A large swathe of fiat currencies like the euro, pound, yen, yuan, and Australian and Canadian dollars have all suffered from the greenback's strength. On September 27, the U.S. Dollar Index (DXY) tapped a high of around 114.8, a height that hasn't been recorded since 2001. The DXY is an index that is leveraged to measure the value of the greenback against six different fiat currencies.
The basket of fiat currencies traded against the U.S. dollar consists of the European Union's euro, the Swiss franc, the Swedish krona, the British pound, the Canadian dollar, and the Japanese yen. However, the basket of six currencies is not distributed evenly, as the euro consists of 57.6% of the basket, and the yen is the second largest component with 13.6%. The index gives traders, analysts, and economists a fair valuation of the dollar's strength agai...
|Fidelity Launches Ethereum Index Fund — Sees Client 'Demand for Ex...
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a 'traditional limited partnership.'Traditional Limited Partnership
According to a filing lodged with the U.S. Securities and Exchange Commission (SEC), Fidelity planned to launch an Ethereum index on October 4, 2022. As per the filing, a minimum investment accepted from an outsider interested in the security is $50,000. At the time of writing, the fund had just over $5 million worth of assets.
As explained by a report published by Barron's Advisor, the new security, which is also known as the Fidelity Ethereum Index Fund, is not an exchange-traded fund (ETF). Instead, the ethereum index fund is said to be structured as a 'traditional limited partnership.'
A limited partnership according to Investopedia, is a partnership made up of two or more partners. One partner known as the general partner is responsible for managing the business while other partners who are also known as limited partners are not involved in the day-to-day activities of the business.
Clients' Demand for Exposure Beyond Bitcoin
Commenting on the revelations that Fidelity had launched an ETH-based index fund less than two years after it launched a similar fund for bitcoin, a spokesperson for the investment company reportedly said:
We have continued...
|Leading Asset Manager Fidelity Introduces $5 Million Ethereum Index Fund
Fidelity Investments doubled down on its cryptocurrency efforts after its brokerage arm - Fidelity Brokerage Services LLC - offered an Ethereum Index Fund to clients.
The product has raised around $5 million since sales started at the end of September, while outside investors can participate in the initiative with a minimum investment of $50,000.
Fidelity's Next Crypto Step
One of the largest entities in its field (with over $4.5 trillion in assets under management) received the US SEC's approval to register its Fidelity Ethereum Index Fund.
According to the filing, the first sale occurred on September 26, and since then, the feature has raised approximately $5 million.
Fidelity displayed its intentions to offer the fund for more than one year and asserted that it will not be a subject of a future business combination transaction, including a merger, acquisition, or exchange offer.
Speaking of an Index Fund, it is worth mentioning that it is quite different than an Exchange-Traded Fund (ETF) as it trades only once per day (once the markets close).
The US-based asset manager started its crypto journey in 2014 when it began mining bitcoin. Four years later, it launched Fidelity Digital Assets - a platform and investment solution that helps individuals access cryptocurrency services and products.
In April this year, the company made the headlines by enabling investors to add bitcoin to their retirement 401(k) accounts. Speaking on the initiative, Dave Gray - Head of Workplace Re...
|Vietnam, Philippines, India, China Among Top Countries for Crypto Adopti...
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it 'remains above pre-bull market levels,' the firm said.Chainalysis' Latest Cryptocurrency Adoption Index
Chainalysis published an excerpt of its upcoming report titled '2022 Geography of Cryptocurrency' Wednesday. It highlights the company's 2022 Global Crypto Adoption Index, which ranked all countries based on their usage of different types of cryptocurrency services, the blockchain data firm explained.
According to the index, Vietnam tops the list overall, followed by the Philippines, Ukraine, India, the United States, Pakistan, Brazil, Thailand, Russia, and China.
Overall adoption slows worldwide in bear market, but remains above pre-bull market levels.
Moreover, the blockchain analytics firm noted that 'Emerging markets dominate the global crypto adoption index.'
In addition, the firm explained that China finally reentered the top 10 of its global cryptocurrency adoption index this year after placing 13th last year.
'Our sub-indexes show that China is especially strong in usage of centralized services, placing second overall for purchasing power-adjusted transaction volume at both the overall and retail levels,' Chainalysis described.
'This is especially interesting given the Chinese government's c...
|Colony Avalanche Index Launches to Offer Yield-Bearing Avalanche Ecosyst...
[PRESS RELEASE - Paris, France, 6th September 2022]
Colony Lab, the Avalanche ecosystem accelerator, has partnered with decentralized crypto index platform Phuture to launch CAI, the first index token offering exposure to the AVAX ecosystem.
AI, or Colony Avalanche Index, is an investment tool to benefit from the growth of the Avalanche ecosystem as a whole through just one token. The CAI is a basket of both AVAX and Avalanche application tokens, spread into different thematic sections for DeFi, GameFi and others.
In addition, thanks to an integration with Yield Yak, the CAI token is natively yield-bearing. The assets inside it are deployed to earn additional yield through the aggregator, offering a safe but effective way to compound gains.
CAI is designed for investors who are excited about the Avalanche ecosystem but prefer to gain exposure in a calculated, more efficient way that optimizes capital for them. The network is a mere 22 months old, but it is already the third largest DeFi ecosystem by total value locked, in addition to very successful GameFi projects like DeFi Kingdoms, which run on their own subnets. The ecosystem will continue to grow and evolve rapidly, making it difficult to pick the ultimate winners at this stage.
To account for the dynamism of the Avalanche Ecosystem, CAI will rebalance every month to always include the top assets by liquidity and capitalization. The dynamic rebalancing methodology ensures that CAI always stays allocated in the best-perfo...
|Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to 'extreme fear' in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the 'fear' zone, but it has seen an improvement. On June 19, the CFGI rating tapped a low score of 6 which means 'extreme fear,' and 61 days or two months later, the CFGI rating now shows a score of 33 or 'fear.'CFGI Ranking Score Shows Crypto Winter Continues to Keep Investor Sentiment in the 'Fear' Zone
While the crypto economy has jumped back above the $1 trillion range, prices have started to drop again after the last rally. Following the Terra blockchain implosion, the crypto economy lost significant value and extreme fear shook the community into June as well. The Crypto Fear and Greed Index (CFGI) hosted on alternative.me dropped severely at the time, and on May 31, 2022, Bitcoin.com News reported the CFGI ranking score was 16 out of 100 or 'extreme fear.'
Every day the CFGI ranking score analyzes 'emotions and sentiments from different sources and crunch them into one simple number.' Alternative.me indicates that the value of 0 means 'Extreme Fear' while a value of 100 represents 'Extreme Greed.' The website adds:
The crypto market [behavior] is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction [to] seeing red numbers - There are two simple assumpt...
|Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20...
Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union's member states reached parity against the U.S. dollar for the first time in 20 years.Euro Hits Parity Against the US Dollar, Greenback Skyrockets Against a Basket of Fiat Currencies
Even though it was a goal for the European Union (EU) to introduce a sovereign fiat currency for the EU back in the sixties, the euro did not get introduced until January 1, 1999. At first, the euro was introduced virtually, and by 2002 bills and coinage started to circulate. Close to 24 years later, the euro is not doing well against America's greenback, and the EU's sovereign currency reached parity with the U.S. dollar on Tuesday, July 12.
The EU has been suffering from significant inflation due to the monetary easing that happened amid the Covid-19 pandemic, and the Ukraine-Russia war. Prior to the war, the EU was getting around 40% of the EU's gas from Russian exporters. The U.S. dollar has seen significant demand in recent times as the fiat currency spiked to a 20-year high against a basket of fiat currencies on Wednesday.
Last week, Germany printed its first trade deficit in goods in three decades. Analysts are finding it hard to envision that things in the eurozone could improve in the near future. 'Given the nature of Germany's exports which are commodity-price sensitive, it remains hard to imagine tha...
|Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 C...
Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an 'extreme fear' state. In fact, the metric is at its lowest position since the COVID-19 crash.
Extreme Fear Becomes the New Norm
The crypto markets took a massive turn for the worse starting at the end of March. At that time, bitcoin was riding high, close to $50,000, and the community wondered if it will be able to breach that level and even head for a new ATH.
However, that was not the case, and BTC entered its longest negative streak. The cryptocurrency closed the next nine weekly candles in the red and lost over $20,000 in value in the meantime.
It remained around $30,000 for a while but started plummeting last Friday again. The weekend brought more pain, and so did the start of this week. As a result, bitcoin nosedived to just over $20,000 earlier today, which became its lowest price position since December 2020.
Somewhat expectedly, this predominantly bearish trend resulted in a massive shift in investors' beliefs and overview of the market. This is best presented by the Bitcoin Fear and Greed Index - a metric determining the overall sentiments by gauging different sorts of data, such as volatility, surveys, social media comments, and more.
It displays the end results from 0 (extreme fear) to 100 (extreme greed). Ever since the start of May, the Index has been deep inside 'extreme fear.' The past few days saw another decline in the metric, which now...
|a16z-Backed Indian Crypto Exchange Launches the First Rupee-Based Index
The a16z-backed Indian crypto exchange - CoinSwitch Kuber - announced the launch of an index that tracks the performance of crypto assets based on the Indian rupee rather than the US dollar.
CoinSwitch CEO Kuber Ashish Singhal tweeted the latest updates regarding the newly unveiled index, the Crypto Rupee Index (CRE8). He stated that it will provide a true picture of the Indian market and help local investors make 'informed investment decisions,' as they no longer need to 'second-guess how the Indian Crypto market is behaving.'
Until now, investors in India had to rely on international indices based on US Dollar. But these indices do not give the true picture of the Indian market and miss the supply-demand dynamics of India’s growing investor base.
— Ashish Singhal (@ashish343) June 2, 2022
CRE8 is the first product offering such a direct view of the market in India.
As one of the largest exchanges in the country, CoinSwitch Kuber said it has 18 million registered users on its trading app, and they can directly access the new product.
The new index, tracking the performance of eight predominant crypto assets that account for over 85% of the total volume traded in rupees, will be refreshed over 1,400 times a day (approximately one time per minute) to ensure that it follows the real-time market movement.
As reported previously by CryptoPotato, major exchanges based in India have witnessed a sharp decline in trading volume after the controversial tax introdu...
|Crypto Fear and Greed Index Shows 'Extreme Fear' and Shaky S...
For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the 'extreme fear' range. While bitcoin gathered some gains on Monday, the CFGI is still in the 'extreme fear' position with a ranking score of 16 out of 100.
Crypto Fear and Greed Index Remains in 'Extreme Fear'
Approximately 45 days ago, the Crypto Fear and Greed Index (CFGI) hit the 'extreme fear' range with a score of 22. That day, on April 15, the 24-hour bitcoin price range was between $39,823.77 and $40,709.11 per unit. Since then markets tumbled even lower and on May 12, the value of BTC tapped a low at $25,401, which was lower than the previous bottom last summer in July. If someone purchased BTC on May 12, today they would be up more than 24% against the U.S. dollar.
Despite the gains during the past two weeks, the CFGI is still in the 'extreme fear' zone and the ranking is even lower than it was on April 15. At the time of writing, the CFGI ranking score is 16 out of 100, but it doesn't necessarily mean markets will remain gloomy. The CFGI hosted on alternative.me measures market sentiment and the website notes there are two simple assumptions:
Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
When Investors are getting too greedy, that means the market is due for a correction.
However, extreme fear can also lead to more capitulation and the so-called buying opportunity may be much lower. Or one could also assume ...
|Chinese Indexes Company Launches Hang Seng Metaverse Index
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said.Rising Popularity of the Metaverse
Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng Family of Indexes, recently announced the Hang Seng China Metaverse Index launch. The new index tracks the performance of mainland Chinese companies involved in metaverse-related businesses.
As explained in a statement released by the company, the decision to launch the index comes against a background of growing popularity of the metaverse as an investment theme among investors.
Besides the metaverse index, Hang Seng Company Limited - a wholly-owned subsidiary of Hang Seng Bank - said it has also added Oncology Index to its Megatrend Index Series. Remarking on his company's launch of the two indexes, Daniel Wong, director & chief index officer said:
New megatrends are having an increasingly significant impact on our daily lives. Our two new megatrend indexes are designed to help investors capture potential opportunities arising from these innovative and transformative trends in the mainland China and Hong Kong stock markets.
According to a press statement, the two new indexes will be calculated and disseminated in real-time at two-second intervals. As shown in the statement's appendix, the top ten constituent compa...
|Market Sentiment Dangerously Negative As Crypto Fear Index Drops To Two-...
Crypto market sentiment has dropped into the far negative once more. This has been one in the making ever since the Terra crash had begun and investors had scrambled to leave the market. A culmination of this and speculations that the market is headed into one of the longest bear trends ever recorded has now seen sentiment fall to levels not recorded since 2020.
In The Extreme Fear Region
Now, the crypto market sentiment has not been positive for a while. Most of the last two months have been spent in the fear territory and April had closed out in extreme fear. Nevertheless, the scores on the Fear & Greed Index had remained somewhat high until the LUNA crash. This makes it the second-lowest score that has ever been recorded on the index, the lowest being a score of 5 in 2018. What had followed from its May 17th lows was a bit of a recovery but even that had not held up well. As of the time of writing, the index has lost another point and is now sitting at 11.
Market sentiment falls to extreme greed | Source: Arcane Research
This extreme fear reading mirrors how investors are feeling when it comes to investing in cryptocurrencies at the moment. Simply put, investors do not want to put money into the market and this is evidenced by the exchange inflows that have been rocking the space. These exchange-wide sell-offs only contribute to the already declining sentiment, sending digital assets further down.
Is It Time To Buy Crypto? Historically, when the crypto market sentim...
|21Shares Launches Two US Index Funds Tracking Major Cryptocurrencies
Switzerland-based investment product issuer – 21Shares – is launching two private funds tailored for US accredited investors to gain exposure to crypto assets. The products will track top and mid-tiers cryptocurrencies available on US exchanges.
Entering the US Market
According to the press release by the firm, the two products - 21Shares Crypto Basket 10 Index Fund and 21Shares Crypto Mid-Cap Index Fund – will respectively track the performance of the 'Vinter 21Shares Crypto Basket 10 US Index,' made up of the top 10 crypto assets by market cap, and 'Vinter 21Shares Crypto Mid-Cap US Index,' which includes a basket of emerging mid-tier digital assets.
The two crypto exchange-traded products (ETPs) are the first-ever such investment products by the firm for US customers. Arthur Krause, Director of Product at 21Shares, said the new features will help potential crypto investors manage their investments without worrying about custodial arrangements:
'Historically, the cumulative return rate of the top dozen cryptocurrencies has vastly outperformed traditional indexes like the S&P 500, Dow Jones Industrial Average, or Nasdaq Composite. Our two new index funds enable accredited investors to participate in cryptocurrencies without assuming the responsibility of managing custodial arrangements, tracking private keys and passwords, or being susceptible to hacking or security breaches.'
21Shares CEO Hany Rashwan considered the latest step into the US market as ...
|Bitcoin Fear and Greed Index Deep in 'Extreme Fear' as BTC D...
With bitcoin's price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. In fact, the metric hasn't been in such a poor state since late January, when the asset's price dropped to $33,000.
Fear Takes Over
Ever since the end of March, the landscape around the primary cryptocurrency has been rather bearish. Bitcoin was close to $50,000 at that point but failed and started to lose value gradually. In April alone, BTC dumped by more than $10,000 and closed the month below $40,000.
May is not going well either so far. Bitcoin jumped to $40,000 following the latest FOMC meeting, in which the Fed said it will raise interest rates by 50 basis points instead of 75, but that was short-lived.
Soon after, the cryptocurrency plummeted below $36,000, and the situation worsened in the past 24 hours when it dumped to its lowest price point since late January of around $34,000.
Somewhat expectedly, this violent price crash resulted in a change in the overall market sentiment, shown by the Bitcoin Fear and Green Index. By examining community social media posts, surveys, volatility, trading volume, etc., it determines the general feelings toward the asset. The metric shows the final results from 0 (extreme fear) to 100 (extreme greed).
It has been in a fear territory since mid-April, but the latest price dumps drove it to extreme fear. In fact, by displaying 18 right now, the Index is in its lowest position since the aforementioned l...
|While Markets Consolidate, Crypto Fear and Greed Index Points to '...
18 days ago on March 28, the Crypto Fear and Greed Index tapped the 'greed' position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto Fear and Greed Index back down to the 'extreme fear' position with a score of 22.Crypto Sentiment Index Slides to 'Extreme Fear,' Bitcoin's USD Value Is Down 35.7% Year-to-Date
On Friday, April 15, 2022, the price of bitcoin (BTC) has consolidated for now, after reaching a low four days ago. BTC's 24-hour range on Friday has been between $39,823.77 to $40,709.11 per unit, with roughly $22 billion worth of global trading volume.
Bitcoin is down 7.2% this past week and two-week statistics show the leading crypto asset has lost roughly 11.3%. Year-to-date, bitcoin's price against the U.S. dollar is 35.7% lower than a year ago today.
While bitcoin's market capitalization on Friday is around $767 billion it represents 38.91% of the current $1.97 trillion crypto economy. Today's top trading pair with BTC is tether (USDT) with 60.88% of all trades worldwide. Tether is followed by USD (12.27%), BUSD (7.88%), JPY (4.09%), and KRW (3.28%).
On April 15, the Crypto Fear and Greed Index tapped the 'extreme fear' position and has a current score of 22. Yesterday, it was 28 which represents 'fear' and the week prior, the score was 37, which also means 'fear.'
The Crypto Fear and Greed Index leverages market sentim...
|Time To Be Fearful? Bitcoin Index Reaches Greediest Point Since Peak
Data shows the Bitcoin fear and greed index has now reached the highest level since the peak in November as the price of the crypto rallies up.
Bitcoin Fear And Greed Index Now Points At 'Greed'
As per the latest weekly report from Arcane Research, the BTC fear and greed index has surged to values of greed sentiment this week.
The 'fear and greed index' is an indicator that tells us about the current general market sentiment among Bitcoin investors.
The metric uses a numeric scale that travels from one to hundred for representing this sentiment. All values above fifty signify that investors are greedy at the moment. While those below the cutoff suggest a fearful market.
Values above 75 and below 25, that is, the values toward the ends of the range, represent extreme greed and extreme fear, respectively.
Now, here is a chart that shows the trend in the Bitcoin fear and greed index over the past year:
Looks like the value of the indicator has surged up recently | Source: Arcane Research's The Weekly Update - Week 12, 2022
As you can see in the above graph, the Bitcoin fear and greed index has sharply risen over the past week.
|Crypto Fear and Greed Index Hits 'Greed' for the First Time ...
On March 28, the Crypto Fear and Greed Index has jumped back to the 'greed' position for the first time in four months. The last time the index reached the current position was when bitcoin reached a high of $69K per unit last year on November 10.Crypto Index Dedicated to Emotions and Sentiments Reaches 'Greed' for the First Time in Months
The crypto economy has surged in value during the last day jumping 5.4% in value to $2.26 trillion. The price of bitcoin (BTC) reached a high of $48,234 at roughly 3:00 p.m. (ET) on Monday afternoon.
Ethereum (ETH) tapped a high of $3,431 per unit roughly around the same time frame as BTC's daily high. Presently, bitcoin (BTC) has a dominance of around 40.3% of the $2.26 trillion, while ethereum (ETH) commands 18.1%.
For the first time since November 16, 2021, and the week that preceded that date, the Crypto Fear and Greed Index has once again reached the 'greed' position. On a daily basis, the index analyzes the 'emotions and sentiments from different sources and crunch them into one simple number.'
Today, on March 28, 2022, that number is 60 which is the position of 'greed.' Yesterday, the index had a 'neutral' reading and the score was 49. Last week the index had a 'fear' ranking at 30 and another 'fear' ranking the month prior at 26.
The index has been on the rise since March 14 but on March 2, the Crypto Fear and Greed Index reached 52 and settled back down. It had a brief spike to 28 on March 10, had another lull, and started t...
|First Time Since November: Bitcoin Fear and Greed Index Shows Greed as B...
With Bitcoin finally breaking above the $45,000 resistance level that held it down for months, the market is finally reflecting overall optimism. The Crypto Fear & Greed Index has now reached 60 – the highest reported number since Bitcoin’s all-time high in November.
Back in Bullish Territory
The Crypto Fear and Greed Index is an overall measure of crypto market sentiment gauged by Alternative.me – a software connecting platform. Its basket of indicators includes Bitcoin’s price volatility, market momentum, trading volume, Twitter interactions, surveys (currently paused), Bitcoin dominance, and Google search trends.
The index is measured on a scale of 0 (extreme fear) to 100 (extreme greed) with 50 being neutral. The figure has remained well below 60 until today, with only occasional spikes above 50 in both February and March within the last 4 months.
Crypto Fear and Greed Index. Source: Alternative.me
The bullish surge comes following similar behavior with Bitcoin’s price, which has finally returned to $47,000 for the first time since January 3rd.
Following the pump, price analysts are backing up the market’s newfound enthusiasm. Will Clemente – Lead Insights analyst at Blockware – noted that price has surpassed the short-term holder cost basis (the average price at which coins were bought in the last 155 days) for the first time since December 3rd. “It’s hard to bearish as long as BTC is above,” he adds.
|Crypto Winter or Not, Here's Why Index Trading Can Help Spread the...
The crypto market just shed 3.49% over the day to $1,6 trillion. With concerns over Russia and Ukraine and rate increases by the Federal Reserve in the U.S, cryptocurrencies are tumbling. DCA is a way of spreading out risk over time. Index investing is a way of spreading out risk over space. By employing both, investors can gain crypto exposure without the headache of deciding when or what to buy.'
Wang noted that 'Almost all the growth in the S&P 500 in recent years were driven by tech and biotech' and added that Amun believes 'blockchains are the next chapter of the internet and having exposure in this emerging field could be as rewarding as investing during the early years of the internet.'
'From a product perspective, the S&P 500 index has been a benchmark for the industry and a key indicator of the US economy. We hope to create an index that will serve as the benchmark of the crypto economy over the coming years.'
Safety, Fluidity, And Diversity
Wang pointed out that Amun's tokens consist of some of the most dependable projects in crypto, 'the largest and most established DeFi projects on tier-1 blockchains like Ethereum, Solana, and Polygon.'
'You no longer need to sign up to an exchange or hire a broker to invest in industry indexes.'
As crypto users demand safety, fluidity, and diversity of their transactions, Wang noted that 'Fluidity and diversity are considerations already baked into index investing,' like so:
'Diversity of investment is achieved by grouping ...
|Small Cap Index Lead Gains In February, But What Is Bitcoin Doing?
Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains recorded so far in February are additional proof of this.
Small Cap Index Takes The Lead
The whole of the crypto market had suffered from the downtrend that began in December. However, the second week of February had come to some reprieve with double-digit gains across bitcoin and all of the indexes. This is a huge step-up for the index after it closed out January as the worst-performing index, seeing accelerated losses compared to its counterparts. The tables have now turned as the gains for the small cap index have been 4% higher than all of the others.
Small cap index returns highest gains | Source: Arcane Research
Bitcoin, the mid cap, and the large cap index all returned doubled-digit gains for January. Most of the gains recorded were from a single week that saw prices surge across the crypto market.
What About Bitcoin? Bitcoin has no doubt also returned impressive gains for its investors in the same time period. It may not be as high as the small cap index but still remains one of the top gainers n the space. It follows the move of the market sentiment from extreme negativity back into the positive. At its current point, the next resistan...
|Bitcoin's Fear and Greed Index at Highest Rate Since November 2021
After a choppy month that involved whales cashing out and taking profits, the cryptocurrency market rose to a collective valuation above $2 trillion. The market leader - Bitcoin, for one, tested the coveted $45k-level but failed to reclaim it.
The Bitcoin Fear and Greed Index essentially demonstrates overall market sentiment towards BTC by taking factors such as volatility, surveys, social media activity, dominance, and others into consideration.
On February 8th, the index climbed to 48 - a state of 'neutral' after a period of almost three months when it was in a state of fear or extreme fear, according to Alternative.me.
Bitcoin Fear and Greed Index is 48. Neutral
Current price: $43,778 pic.twitter.com/rHb3kk4Fil
— Bitcoin Fear and Greed Index (@BitcoinFear) February 8, 2022
The Fear and Greed Index had hit 45 on December 22nd, which was followed by Bitcoin noting a mild uptrend from $46k to $52k before taking multiple tumbles.
Since then, the index had mostly oscillated within the confines of 'Fear' and 'Extreme Fear.' The latest shift marks a reset in terms of sentiment, but the week's bullishness, however, does not invalidate the possibility of a return to red.
The score does depict a sentiment of optimism among crypto traders and investors.
Bitcoin faced significant resistance in the $45k area. CryptoPotato had reported millions of shorts being liquidated as a result. The average funding rates remained low, meaning traders are cautious to avoid significant liq...
|This Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Be Ne...
The current Bitcoin volatility Index values suggest that a short squeeze may be near, if past pattern continues to hold.
Past Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Happen Here
As explained by an analyst in a CryptoQuant post, the BTC volatility index has now reached values where a short squeeze has happened in the past.
The 'volatility index' is an indicator that shows how much the price of Bitcoin has fluctuated in a day compared to its historical average.
When the value of this metric rises, it means the crypto's price has recently seen higher volatility as its price has deviated more from its average.
On the other hand, low values suggest Bitcoin has been relatively stable lately as the price hasn't seen any large movements.
Volatility is often high following a liquidation event. These 'liquidation squeezes' happen when the market is overleveraged, and so any big swings in the price lead to mass liquidations of futures positions.
Related Reading | Bitcoin Bearish Signal: Binance Observes Massive Inflow Of 10k BTC
The price usually crashes during a long liquidation squeeze due to a cascading effect by these liquidations. On the contrary, the price may instead jump up during a short squeeze.
Now, here is a chart that shows the trend in the Bitcoin volatility over the past six months:
The index's value seems to have risen and subsequently fallen recently | Source: CryptoQuant
As you can see in the above graph, the indicator's value shot up recent...
|Grayscale Launches Future of Finance Index in Partnership with Bloomberg
Digital currency investment and cryptocurrency asset management firm Grayscale continues to chase its expanded exchange-traded fund (ETF) plans with the launch of a new crypto-related index offered in collaboration with Bloomberg.
Future of Finance Index By Grayscale and Bloomberg
According to a press release issued on Wednesday, January 19, 2022, Bloomberg and Grayscale have announced the launch of an index called the Bloomberg Grayscale Future of Finance (BGFOF). The index is built to provide investors with an analytical tool to follow the convergence of finance, technology, and digital assets in the growing digital economy.
BGFOF will track U.S. and non-U.S. crypto-linked equities across 22 companies selected by Bloomberg's Intelligence analysts based on its proprietary theme basket methodology. The filing document, however, doesn't list the 22 companies, but they are said to be firms that will play a pivotal role in the growth of the emerging digital economy, i.e., the future of finance.
The index will not offer direct exposure to digital assets or their derivatives but will instead offer investors indirect exposure to the crypto-linked equities tracked by BGFOF across markets like crypto trading, blockchain innovation, cryptocurrency mining, virtual asset management.
Commenting on the importance of the index and its role in providing much-needed insight into relevant developments for investors, Bloomberg's Global Head of Multi-Asset Indices Dace Gedeon said:
|Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment P...
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows 'extreme fear' is in the air, and the CFGI score is a 10. The last time the CFGI score was this low was 171 days ago on July 21, 2021.
Current CFGI Sentiment Shows 'Extreme Fear' - Bitcoin's Price 39% Lower Than All-Time High
Digital currency markets shed billions in value this past week and the leading crypto asset bitcoin (BTC) lost close to 10% during the last seven days. On Saturday, January 8, 2022, the price hit its lowest point since the end of September 2021, tapping a low of $40,517 per unit this afternoon.
Bitcoin's global trade volume on Saturday is roughly $23.6 billion. BTC's largest trading pair is tether (USDT) which commands 61.46% of all trades today. This is followed by USD (14.73%), BUSD (6.79%), KRW (3.64%), JPY (3.27%), and EUR (3.21%).
BTC's top exchange on Saturday is FTX.US, followed by Coinbase, Bitfinex, Kraken, and Bitstamp. BTC's global trade volume today only represents 23.69% of the $99.6 billion in trades among all the assets in the crypto economy. While BTC commands $23.6 billion in trade volume, tether (USDT) captures $46.7 billion in trade volume worldwide.
Bitcoin Fear and Greed Index is 10 – Extreme FearCurrent price: $42,290 pic.twitter.com/j477q3iSjV
- Bitcoin Fear and Greed Index (@BitcoinFear) January 8, 2022
BTC's 24 hour range on Saturday has b...