Category: Crypto Automated Trading

In terms of the global macroeconomic picture, the past two weeks have been nothing short of a firestorm. Last week, the UK government announced plans for unfunded tax cuts and additional government borrowing in the ‘mini budget’. This caused a drastic reduction in market confidence. Consequently, the Pound crashed to historically low levels against the U.S. dollar at under $1.04. The volatility currently playing out in financial markets is unprecedented and akin to what we…

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ETH 2.0 is here! Yesterday, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further capitulation and turmoil? At first glance, it appears the merge has been successful. This event will…

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Crypto Traders view this August with mixed emotions. It looked like the bulls were out in full force as we continued to rally from the June lows. However, on August 19th, total crypto market cap fell 3.3% in under 24 hours, resulting in a stark downturn in market sentiment. In the relief rally that started in mid-June, the price of Bitcoin rose in an ascending channel. Starting from a low of around $17,600, it reached…

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Activity log improvements are now live on Coinrule! The changes focus on two main areas: The profit and loss (P&L) graph Rule history Profit and Loss Graph In regard to the P&L graph, it is now much more detailed and displays an increased array of information: The blue rightward pointing arrows indicate the opening of a trade and the leftward pointing arrows mark the closing of a trade. The colour of the arrow indicates if…

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The connection between traditional finance and crypto is more closely linked than ever before as institutional demand for our treasured asset class rises rapidly. Last week we saw BlackRock, the world’s largest asset manager with approximately $8.5 billion under management, endorse bitcoin by offering a spot bitcoin private trust to their U.S-based investors. Being the largest asset manager in the world, it could be likely that all of their competitors will quickly follow suit to…

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There is a large variety of uses for the widely used Relative Strength Index (RSI) indicator. We have now added another dimension of customisation with the ability to set conditions based on the RSI value crossing above or below a certain level. This can be used within your rules to time reversals in the RSI or to buy strength or sell weakness when RSI manages to break above or below certain levels.  As shown on…

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July was a reassuring month for crypto, and financial markets in general, stimulated by the Federal Reserve deciding a 0.75% rate hike was sufficient to slow inflation. They also stated the 2.25-2.50% federal fund rate is now neutral – no longer contributing to growth or contraction within the economy. This caused markets to rally on the expectation there may not be many further rate hikes and the possibility the worst may be behind us. Last…

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Sick of all the faff that comes with connecting an exchange? Binance one-click authentication has arrived! Connecting an exchange to Coinrule has never been so easy. With Binance one-click, spend less time connecting exchanges and more time trading. No more whitelisting APIs and manually setting permissions. To connect Coinrule to your Binance account, simply navigate to the exchanges page on Coinrule, click ‘Connect’, follow the prompts, and you’re ready to go!  Here at Coinrule, we’re…

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