IntoTheBlock partners with fast-growing exchange Luno!

ITB signals now available on Luno Exchange

Luno is one of the most exciting companies in the crypto space. Founded in 2013, Luno (formerly BitX) is a global cryptocurrency exchange and wallet provider headquartered in London. To date, Luno has processed more than USD$14 billion in transactions and has over 5 million customers spanning 40+ countries. Luno is an independent operating subsidiary of Digital Currency Group.

Starting today, Luno traders will have access to IntoTheBlock’s dynamic, in-depth trading signals and data visualization tools for Bitcoin, Ethereum, Litecoin and Bitcoin Cash on the Luno Exchange (web only). There are now a host of new indicators for traders to use, with tools and information they need to understand the behavior of crypto-assets, identify and get ahead of changing trends, and, ultimately, make the smartest trading decisions.

Luno traders will now find a new analytics panel under a new tab called “Insights,” completely powered by IntoTheBlock. This panel shows different metrics that are the result of IntoTheBlock’s application of statistical and machine-learning models to its very rich dataset of onchain and offchain metrics. The top of the panel, called Token Summary, provides the following indicators:

· Holders Making Money at Current Price: measures the proportion of current holders would realize a profit vs. those who would realize a loss if they sold at current price.

· Concentration by Large Holders: shows the proportion of the asset’s circulating supply concentrated in addresses that each holds more than 0.1% of the total supply.

· Price Correlation with Bitcoin: displays the 30-day correlation of the asset’s daily returns to bitcoin’s daily returns.

· Holders’ Composition by Time Held: classifies addresses according to their weighted average holding period.

· Transactions Greater than $100k: shows the daily number of transactions, each with a value of $100,000 or greater.

· Transaction Demographics: Number of transactions that have occurred during Western trading times vs those that have occurred during Eastern trading times over the last 14 days.

· Total Exchanges Inflows: Total amount (in $) entering exchanges’ deposit wallets.

· Total Exchanges Outflows: Total amount (in $) leaving exchanges’ withdrawal wallets.

The bottom section of the panel, called Signals, contains momentum signals based on IntoTheBlock’s underlying indicators, including onchain, exchange, and derivative exchange signals.

For those users interested in more indicators, clicking on “Dive Deeper” at the bottom of the panel redirects them to the IntoTheBlock Platform with access to a portfolio of over 60 intelligent signals about traditional crypto assets and over 50 signals related to DeFi.

At IntoTheBlock, we are very excited and honored about this partnership with Luno. Its geographic reach will enable us to share our analytics with millions of crypto users around the globe. We look forward to hearing about your experience with Luno and IntoTheBlock!