As part of Coinrule’s new technical indicator offerings, Coinrule has now integrated support for 4 Exponential Moving Average (EMA) periods! You can now build EMA8, EMA12, EMA26 and EMA55 into your strategies, giving you a greater degree of customizability for your rules. EMAs are a type of moving average that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving…

Continue reading

The last two weeks in crypto have been comparatively less volatile than the two weeks prior and it finally looks like we’re getting some reprieve. The market operations that the Bank of England started engaging in appear to have been successful in cooling the pound sell-off as it has gained back some ground against the dollar. This appears to have, at least temporarily, brought some calm to financial markets. Subsequently, Bitcoin has remained stable as…

Continue reading

Coinrule has integrated 5 new Moving Average periods meaning you now have even more customizability for your rules! You can now build MA3, MA27, MA32, MA65 and MA75 into your strategies, giving you a huge array of MA values to choose from: Moving Averages are one of the simplest technical indicators. They work by smoothing out price trends by filtering out the noise that you get from short-term price fluctuations. Moving Average crossings can provide…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

Ethereum’s rise from the ashes over the past two weeks has demonstrated why you should not underestimate bear market rallies. Prior to its explosive surge, covering over 50% in a week, the second largest crypto asset was tracking bitcoin’s moves closely. Now it appears to be the one leading the rest of the market and showcases the market’s shift to a more risk-on stance. Last week saw the second week of inflows to Ethereum crypto…

Continue reading

Coinrule has now launched the ability for users to utilise MA and RSI increase and decrease within their rules, giving you even more customisability! What are RSI and MA? The RSI, or relative strength index, is a technical indicator frequently used in trading. It works by measuring the speed and change of price movements to determine whether a coin is oversold (indicating a good entry point) or overbought (indicating a point of exit/entry for a…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading

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…

Continue reading