Crypto Automated Trading

Kucoin Coming to Coinrule

Coinrule is excited to announce our new strategic partnership with KuCoin, a world-leading crypto trading platform! KuCoin’s integration will provide an additional exchange for Coinrule users to automate their trades and a unique new option for automated trading for KuCoin users! Top Markets With over 700 coins, KuCoin is renowned for being the top centralized exchange to purchase and trade lower market capitalization altcoins with large potential. These small cap coins often have higher volatility…

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Crypto Automated Trading

Sometimes Cash Isn’t Trash?

Ray Dalio, legendary investor and founder of the world’s largest hedge fund Bridgewater Associates, coined the term “cash is trash”. However, arguably over the past 8 months cash has weathered the economic storm the best, with the dollar being the strongest among the major currencies.  This week we saw examples of multiple fiat currencies taking severe hits against the dollar. The Dollar Currency Index (DXY), which measures the strength of the dollar relative to six…

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Crypto Automated Trading

Terra Fallout

Arguably the number one saying to always avoid uttering in investing is “This time is different”. Usually, it is related to overly optimistic bullish expectations of future market highs due to global adoption finally taking place.  Ironically, as this cycle continues it is proving to be different…  In all prior market cycles, bitcoin never rested or went below the previous all-time high during following bear markets. Last weekend, however, we saw bitcoin cascade through the…

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Crypto Automated Trading

Phew! No 10 In a Row

A sigh of relief could be heard resonating through the blockchain as the market’s down only streak of 9 consecutive weeks ended as the weekly candle closed green on Sunday night.  This begs the question: have we found our bottom or is this a relief rally before another leg down? Bitcoin dominance has surged to 47% from the January lows of 40% – showcasing the flight to safety in the market over the past several…

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Crypto Automated Trading

Uncharted Territory

DeFi’s total value locked (TVL) was valued at $700 million at the start of 2020 and surged to $250 billion by the end of 2021. This week DeFi TVL sits at $110 billion, 56% down from all-time highs and at similar levels to July 2021. The nascent DeFi space has never experienced a full-on crypto winter and with declining yields on stablecoins and other assets, the spaces’ most active users are starting to question the…

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Crypto Automated Trading

Stable Death

Famous stock investor Warren Buffet once said: ‘When the Tide Goes Out, You Find Out Who Was Swimming Naked’. Only a few weeks back under the title ‘Ponzi Or DeFi’ we spoke about the popular stable coin UST, part of the LUNA ecosystem, that was receiving significant attention due to its 20% APY on a stablecoin. This week, UST’s peg to the Dollar came under attack and collapsed. The LUNA token, 1-1 redeemable vs UST,…

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Crypto Automated Trading

Silence of the Lambs

Another market cycle with little market movement and another movie reference: in Director Jonathan Demme’s famous ‘The Silence of the Lambs’, the main character is shocked to discover that the ‘silent’ lambs are brought to the slaughterhouse. Markets remain in an unusually quiet ‘wait-and-see’ mode. Bitcoin dominance has failed to break out from a narrow range for nearly a year. Crypto total market cap has barely flinched in 2022. Yet, in the background, dark clouds…

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Crypto Automated Trading

Whitelist Binance IP Addresses

Coinrule is upgrading its server infrastructure. Please update your whitelisted IP Addresses on Binance to continue trading. Please note: After updating your IP addresses, your rules will continue running normally. You do not need to restart your rules. Step 1 – On Coinrule Copy the new IP Addresses from the Exchange page inside Coinrule Step 2 – On Binance Remove all previously added IP addresses from your API Key on Binance. Then copy and paste…

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Crypto Automated Trading

Groundhog Day?

If you are used to fast-moving Crypto markets, 2022 must feel to you like a never-ending groundhog day. After significant moves all the way up to $69k and back down to $30k in 2021, Bitcoin has been trading inside what seems to be a fairly ‘boring’ range between $36k and $48k since the start of 2022. This range-trading could also be observed in the summer of 2021, when markets were experiencing a rather dull period.…

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Crypto Automated Trading

Swinging Twenties

The last two weeks have seen a much welcomed rebound in Crypto markets. Just when total doom and gloom was threatening to take over, no additional rate tightening news from the Federal Reserve and the possibility of a coming resolution of the Russia-Ukraine war seem to have lifted market spirits. The recent announcement by the Luna Foundation that it has purchased more than $1bn of Bitcoin since January to strengthen its reserves has certainly helped as well.…

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