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June 14, 2024
BlockSquare Seoul to Enhance Crypto Price Analysis Service
By Lee Yeon-woo, The Korea Times
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A Bitcoin logo is displayed outside a cryptocurrency exchange in Hong Kong, April 15. AFP-Yonhap

BlockSqaure Seoul, a firm offering cryptocurrency price prediction services, announced on Friday that it will introduce enhanced market analysis functions starting in July.


BlockSquare Seoul, a firm offering cryptocurrency price prediction services, announced on Friday that it will introduce enhanced market analysis functions starting in July.

The company has been providing real-time insights into cryptocurrency market trends and movements to its users through its service, Retri. This includes analyzing cryptocurrency prices and trading volumes in the market to suggest optimal buy and sell times.

From July, the price prediction chart service will offer more precise real-time data on cryptocurrency price predictions. Previous predictions were based on hourly data, but the new version plans to utilize more recent figures. The company also said new price graph indicators will be included to enhance user convenience.

Another update includes a dual-function feature that provides two predicted prices for a cryptocurrency. This feature aims to promptly reflect price changes following sudden spikes or drops.

The update will also provide investors with additional features to better understand the overall cryptocurrency market.

Currently, the service tracks price fluctuations of over 200 cryptocurrencies, categorized into two groups based on whether their prices have risen or fallen over a five-minute period. It also provides information on the dominance, or market share, of digital tokens such as Bitcoin and Tether.

The upgraded version will include market share information for major coins such as Ethereum and other altcoins, enabling investors to monitor the overall asset flow across different cryptocurrency markets.

"BlockSquare Seoul provides in-depth analysis of the cryptocurrency market within legal boundaries," an official from BlockSquare Seoul said. "This update focuses on enhancing convenience for our 20,000 paid Retri users across 23 countries."


About the Press

The Korea Times published its first issue on Nov. 1, 1950, during the height of the Korean War, with the aim of providing updates on the war to readers in and out of Korea. As Korea’s first English-language daily, The Korea Times has operated as an independent media from the government and other external forces, and contributed to the democratization of the country, by defending itself from dictatorship and military regimes. In a today’s digital era, The Korea Times is informing readers around the world about the geopolitical situation surrounding the Korean Peninsula, the country’s cutting-edge chip and battery manufacturing capacities, as well as an increasingly competitive entertainment sector spanning K-pop and K-dramas. The Korea Times issues a 20-page daily from Monday through Friday.