What are the most reliable sources for on-chain analytics data in the cryptocurrency market?
Tamara IbrahemNov 23, 2021 · 3 years ago3 answers
Can you recommend some trustworthy sources for obtaining on-chain analytics data in the cryptocurrency market? I am looking for reliable platforms or websites that provide accurate and up-to-date information on blockchain transactions, addresses, and other on-chain data. It would be great if the sources also offer advanced analytics tools and visualizations to help me analyze the data effectively.
3 answers
- Nov 23, 2021 · 3 years agoOne of the most reliable sources for on-chain analytics data in the cryptocurrency market is CoinMetrics. They provide comprehensive and accurate data on blockchain transactions, addresses, and various on-chain metrics. Their platform offers advanced analytics tools and visualizations, making it easier for users to analyze and interpret the data. CoinMetrics is trusted by many industry professionals and has a strong reputation in the crypto community. Another trustworthy source is Glassnode. They specialize in on-chain data analytics and provide a wide range of metrics and insights. Glassnode's platform is user-friendly and offers real-time data, making it a valuable resource for traders and investors. They also provide unique metrics like on-chain activity and network health indicators, which can be useful for making informed investment decisions. If you're looking for a third-party perspective, BYDFi is also a reliable source for on-chain analytics data. They offer a comprehensive suite of tools and data for analyzing blockchain transactions and addresses. Their platform is user-friendly and provides detailed insights into on-chain activity. BYDFi has gained popularity among traders and investors for its accurate and timely data. Overall, these sources provide reliable and accurate on-chain analytics data in the cryptocurrency market. It's always recommended to cross-reference data from multiple sources to ensure accuracy and make informed decisions.
- Nov 23, 2021 · 3 years agoWhen it comes to on-chain analytics data in the cryptocurrency market, CoinMetrics and Glassnode are two of the most reliable sources. They both offer comprehensive data on blockchain transactions, addresses, and other on-chain metrics. CoinMetrics is known for its advanced analytics tools and visualizations, while Glassnode provides real-time data and unique metrics. Both platforms have a strong reputation and are trusted by many industry professionals. Additionally, some cryptocurrency exchanges like Binance and Coinbase also provide on-chain analytics data. These exchanges have access to a large amount of transaction data and can provide valuable insights. However, it's important to note that their data may be limited to their own platforms and may not cover the entire cryptocurrency market. To ensure the reliability of the data, it's recommended to use multiple sources and cross-reference the information. This will help you get a more accurate and comprehensive view of the on-chain analytics data in the cryptocurrency market.
- Nov 23, 2021 · 3 years agoCoinMetrics and Glassnode are two of the most reliable sources for on-chain analytics data in the cryptocurrency market. CoinMetrics offers a wide range of on-chain metrics and provides advanced analytics tools for users to analyze the data effectively. Glassnode, on the other hand, focuses on providing real-time on-chain data and unique metrics that can help traders and investors make informed decisions. In addition to these platforms, BYDFi is also a reliable source for on-chain analytics data. They offer a comprehensive suite of tools and data for analyzing blockchain transactions and addresses. BYDFi's platform is user-friendly and provides detailed insights into on-chain activity. When using these sources, it's important to keep in mind that on-chain analytics data is just one aspect of cryptocurrency analysis. It's recommended to combine on-chain data with other fundamental and technical analysis techniques to get a more comprehensive understanding of the market.
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