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2024-06-14
“BlockSquare Seoul Plans Cryptocurrency Analysis Update for July”
By Publish Team, Cointelegraph
“BlockSquare Seoul Plans Cryptocurrency Analysis Update for July”
Price movements for over 200 cryptocurrencies are provided and divided into two categories depending on whether prices increased or decreased during the past five minutes.

BlockSquare Seoul, which aggregates cryptocurrency data, said it plans to upgrade its market analysis functions in July to deliver more detailed information and improve user convenience.


BlockSquare Seoul provides a market intelligence service under the name Retri, which tracks and delivers real-time insights into trends and movements in the cryptocurrency market. This enables users to make faster and more accurate decisions.

With the update scheduled for next month, the Goya service will provide real-time data for cryptocurrency price forecasting. Previously, price fluctuation predictions were based on hourly data, but the new version will generate forecasts using more recent figures. In addition, new price chart indicators will be added to further enhance user convenience.

Existing market analysis features primarily focus on analyzing cryptocurrency prices and trading volumes in the market to suggest optimal buy and sell timing. Until now, price forecasts have relied on time-based data.

Another update includes the introduction of the “Duo” feature, which presents two predicted prices for a cryptocurrency, allowing immediate reflection of price movements following sudden spikes or sharp declines.

Many users have found trend line analysis difficult, but the update improves usability by making trend lines easier to view and interpret. The platform will also enhance features that estimate future market conditions based on multiple historical charts and display projected trends directly on a single chart.

The update will additionally provide features designed to help investors better understand the overall cryptocurrency market. Price movements for more than 200 cryptocurrencies will be offered and categorized into two groups based on whether prices have risen or fallen over the past five minutes.

Currently, the service provides dominance data for digital tokens such as Bitcoin and Tether, which represents their respective market shares. The upgraded version will also include dominance data for Ethereum, major coins, and other altcoins—alternative digital currencies—allowing investors to track overall capital flows more comprehensively.

BlockSquare Seoul is a company that delivers in-depth analysis of the cryptocurrency market within a legal framework. This update focuses on enhancing convenience for more than 20,000 paid Retri users across 23 countries.

While skepticism toward blockchain and cryptocurrencies remains widespread, BlockSquare Seoul continues to emphasize transparency and legality, striving to maintain trust in the cryptocurrency market by providing reliable and credible information.


About the Press

Founded in 2013, Cointelegraph is the leading independent digital media resource covering a wide range of news on blockchain technology, crypto assets, and emerging fintech trends. Each day our team delivers the most accurate and up-to-date news from both the decentralized and centralized worlds. Our editorial content is based on our passion to deliver unbiased news, in-depth analytics, comprehensive cryptocurrency price charts, insightful opinion pieces, as well as regular reports on the social transformation that digital currencies bring.