Amberdata

Unlocking Profit: Developing and Backtesting Winning ETH Trading Strategies 🛠️ The report explores how on-chain data, such as stablecoin issuance and Uniswap pool activity, can generate profitable Ethereum (ETH) trading signals. It highlights Amberdata's role in simplifying blockchain data analysis and presents various tested strategies, including a Z-score strategy that performed well in bearish and sideways markets. However, strategies based on correlations between stablecoin issuance and ETH price showed poor results, emphasizing the challenges of oversimplified assumptions. The report underscores the importance of rigorous testing and thoughtful methodology when developing trading strategies leveraging blockchain data. Learn more in this Q4 report ⬇️ https://hubs.la/Q02V9k-g0

BTC ATM vol accelerates in to election day 🇺🇸 Latest data 👉 https://lnkd.in/euJTxaSA Deribit. Always Open.

U.S. Presidential Election Special 📢 Join Greg Magadini, CFA, Director of Derivatives at Amberdata on a CoinDesk X space for an in-depth analysis of how the U.S. Presidential Election could impact Bitcoin markets. They are set to explore price volatility and policy shifts! Tune in ⤵️ https://lnkd.in/gY5VgdCg

Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Group Options Show 📖 Options trading on the leading exchange Deribit also show a broader bullish outlook with a largely neutral bias for this week, according to data source Amberdata. The 25-delta risk reversals show barely a difference between pricing for calls and puts expiring this week. The sentiment is decisively bullish from the Nov. 15 expiry and beyond. H/t to Omkar Godbole at CoinDesk for the write-up! Read the full article here: https://lnkd.in/gXiXwtvu

This Week’s Market Outlook: #Election, #FOMC, & BTC #Volatility This week is shaping up to be huge for the markets! 🌐 The U.S. election is in full swing. The FOMC will announce its rate decision on Thursday, with Powell’s press conference to follow. Expect high volatility across asset classes. Last week, markets initially rallied but reversed alongside changing election polls. 🗳️ Tracking polls and prediction markets offered valuable insights for those looking to trade around the election. Can we expect a similar trend this week? 👀 Economic data: Mixed Signals 🚦 The Fed’s favorite inflation measure, the PCE, job growth, and GDP data painted a cautiously optimistic picture. Fed expected to cut rates by 0.25% to keep inflation near its 2% target, as the labor market cools. 📉 BTC & Election Volatility 📈 As Trump’s odds surged last week, BTC tested all-time highs. With the odds back around 50/50, BTC has pulled back slightly, mirroring other election-sensitive assets. The options market is pricing in high volatility around election day. 7-day Volatility Risk Premium (VRP) is currently at +34% points, signaling traders expect a strong reaction to election results. Will BTC see the $6k-$8k post-election price swing? 🔑 Key BTC levels post-election: $60k (Dip on Kamala win) $75k-$77k (Trump win & potential ATH breakout) Either way, expect a 1.5-Sigma reaction – no surprises, but still significant volatility. ⚡ Trading Setup 📊 NOV29 contracts offer potential upside plays on a Trump win. Trading the 80k/90k call spread with a 10-to-1 payout on Deribit could be worth watching for those prepared for post-election volatility. Buckle up! This week’s events are likely to set the tone for both traditional and #crypto markets heading into year-end. 🚀 #Bitcoin #USElection Including insights from Deribit, Derive (formerly Lyra Foundation), Opyn, & Paradigm! Read the full weekly AD Derivatives Newsletter in the first comment:

🚰 Bitcoin (BTC) ETF Flows BlackRock's #IBIT had an ATH inflow of $874M in just 1 day. Altogether the Net Inflows surpassed $896M. View #BTC and #ETH's ETF flows on AmberLens in the first comment:

Bitcoin Set for $6K-$8K Seesaw as U.S. Election Enters Final Stretch: Analyst In a recent article, Greg Magadini, CFA, Director of Derivatives at Amberdata told CoinDesk "I expect a +1.5-Sigma ($6,000 to $8,000 price range) as a result of the post-election price reaction." The projection is based on the annualized forward volatility of 112% derived from the Nov. 6 options trading on Deribit, which suggests a price fluctuation of $4,000 in either direction. A positive 1.5-sigma of that translates to a price swing in the range of $6,000 to $8,000. Read more about this week's anticipation of BTC vol in the weekly AD Derivatives newsletter: https://lnkd.in/gwaaBGRj Read the full article by Omkar Godbole here ⤵️ https://lnkd.in/genRtDYf

AD Derivatives Newsletter: Navigate BTC Volatility Amid U.S. Elections Nov 3, 2024 🇺🇸 This week’s market is set to be influenced heavily by the U.S. election, the FOMC rate decision, and Jerome Powell's press conference. Markets rallied last week, only to reverse due to election poll fluctuations, offering insights for election trading strategies. For crypto, BTC has reacted to election odds, with volatility expected to remain high through election day. With a strong premium priced in, options markets indicate traders are bracing for significant moves, anticipating a price range of $60k to $77k post-election. Notably, a Trump win could push BTC to all-time highs, and the NOV29 upside options present an intriguing risk-reward opportunity. Read the full AD Derivatives newsletter ⬇️ https://hubs.la/Q02WPVHT0

AmberLens Digital Commodities Dashboard: Dive into the Future of Tokenized Assets 📊 AmberLens – your all-in-one dashboards for real-time tracking of tokenized commodities. In a world where blockchain is revolutionizing asset trading, stay updated with our key metrics and insights for gold, silver, and platinum. Why Tokenized Commodities?  The tokenization of real-world assets like commodities is transforming traditional markets. With commodities digitized on the Ethereum blockchain, you get instant access, transparency, and new trading opportunities. 🌐 AmberLens covers top digital assets including PAXG, DGX, VNXAU, TXAG, TXAU, and TXPT. Track metrics such as issuance, market cap, user activity, liquidity, and velocity to make informed investment choices. 📈 Traders can use the dashboard to identify liquidity and sentiment trends. For instance, a rise in token issuance can signal buying pressure, possibly foretelling bullish momentum. Get ahead of market movements! 🔬 Researchers benefit by observing digital commodities’ issuance and destruction. This data provides insight into the blockchain ecosystem's health and adoption trends, making it an invaluable tool for in-depth analyses. 📊 For analysts, AmberLens offers clarity on investment trends and risk exposure. Track commodity supply to understand the market sentiment – a growing supply may indicate investor interest, while a decline may suggest risk aversion. ⚙️ Methodology Overview Issuance: Tracks daily mints and burns for each token. Circulating Supply: Calculated from cumulative issuance, showing the total number of tokens in active circulation. 💵 Market Capitalization (USD/EUR): Calculated from circulating supply * token price. We use centralized prices where available; otherwise, decentralized WETH prices are converted to USD for an accurate valuation. 📊 Transfers: Analyze transfer volume for each commodity, covering counts, sums, and averages. Track inflows and outflows on the blockchain with precision for accurate insights. 📬 Senders & Receivers: Unique count of senders and receivers on the blockchain. Discover user activity trends and assess adoption levels. ⚡ Velocity: Token velocity measures how frequently tokens are circulated, directly from the Amberdata API. This metric reflects the dynamic movement within the market. 📲 Ready to explore the power of tokenized commodities? Head to the first comment for a demo and take advantage of AmberLens for enhanced trading, analysis, and research.

Crypto Market Data's Role in Trading Success ✅ Traders need accurate and detailed market data to stay ahead in the volatile crypto market. Access to live and historical data is not just a luxury—it's a necessity for trading, research, and risk management. A robust data source that streams price information in real time across various types of trades can provide the competitive edge required for success. Real-time data is particularly critical, and low-latency information on trades and prices can be the difference between profit and loss. Historical data holds equal weight, offering insights for backtesting strategies and understanding past market behavior. As the digital asset space grows, the need for strong data infrastructure becomes more apparent. High-quality market data enables the creation of diverse portfolios and new investment products with a foundation of solid, actionable market intelligence. Explore our market data solutions in the first comment: