7Day

Bitcoin's 7-day average volume spikes after previous subdued levels

Bitcoin’s 7-day average volume spikes after previous subdued levels

Bitcoin’s trading volume has been an immensely important metric for the world’s largest digital asset in 2020. A metric that is highly accurate in detecting a price bottom, the importance of the same was highlighted by TokenInsight’s Q1 2020 report, according to which, BTC’s trading volume rose by 80 percent since 2019’s last quarter. Source: …

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Nomics Machine-Learning Tool Offers 7-Day Price Forecast on Top 100 Cryptos

Nomics Machine-Learning Tool Offers 7-Day Price Forecast on Top 100 Cryptos

Data provider Nomics is using machine learning to predict the future prices of cryptocurrencies like bitcoin. Launched Thursday, the 7-Day Asset Price Prediction feed will give an outlook on future crypto prices based on purpose-built algorithms and the firm’s API, Nomics CEO Clay Collins told CoinDesk in an interview. “There are a lot of poor …

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