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BlockDB

@blockdb

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BlockDB
@blockdb
What does this mean for investors? Cryptocurrencies offer unique diversification opportunities in a portfolio. Stay tuned for more insights like this! 🔍✨ #Crypto #Chart #Analysis #BlockDB
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BlockDB
@blockdb
🗝️ Insight: While traditional stock indices are closely linked, cryptocurrencies like BTC and ETH operate in their own world, showing only weak correlations with major U.S. markets. This independence is partially due to crypto markets operating 24/7, unlike the stock market which closes on weekends and holidays.
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BlockDB
@blockdb
🔹 SPX vs. NDX: In contrast, traditional indices like the S&P 500 and Nasdaq have a very strong correlation (R² = 0.90), showing close interdependence in traditional financial markets.
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BlockDB
@blockdb
🔹 BTC vs. SPX: Bitcoin shows a slightly stronger connection to the S&P 500 (R² = 0.13), but it's still far from a strong dependency.
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BlockDB
@blockdb
🔹 BTC vs. NDX: Bitcoin's correlation with Nasdaq is even weaker, with an R² of 0.10, proving BTC marches to its own rhythm.
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BlockDB
@blockdb
🔹 ETH vs. NDX: With an R² of 0.13, Ethereum remains mostly independent from Nasdaq trends, reinforcing its unique market dynamics.
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BlockDB
@blockdb
🔹 ETH vs. SPX: A weak R² of 0.16 suggests that Ethereum's price movements are not heavily influenced by the S&P 500 index.
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BlockDB
@blockdb
🔹 BTC vs. ETH: A strong correlation (R² = 0.64) shows that Bitcoin and Ethereum tend to move in tandem, highlighting their close relationship within the crypto space.
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BlockDB
@blockdb
@blockdb There's a common theory floating around that crypto is strongly correlated with the U.S. stock market—especially the Nasdaq (NDX). At BlockDB, we decided to dig deeper into the data for 2024 to see if this holds true. Here’s what we found: (Details in comments 😉)
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BlockDB
@blockdb
Hi, devs! What do you think about our roadmap? Is it realistic? 🔧 Now - Dec: Building our data provision infrastructure 👩‍💻 Dec: Global Beta Test 🛠 Jan/Feb: Refining based on feedback from the Beta. 🔥 Mar/Apr: Free Trial We'd love to hear your opinions and answer questions! #Roadmap #StartUp #Web3StartUP #Blockchain #Developers #BlockDB
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BlockDB
@blockdb
🚀 BlockDB Roadmap 🚀 🔧 Now - Dec: Building our infrastructure. 👩‍💻 Dec: Global Beta Test Network with Founders 🛠 Jan/Feb: Refining based on feedback from the Beta. 🔥 Mar/Apr: Launch & Free Trial Zero-Cost Exploration of our premium data. Long-term Growth for your projects with our scalable infrastructure. 👉Follow for updates & join our Global Beta + Free Trial! #DataProvision #Web3 #Blockchain #Developers #BlockDB
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BlockDB
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API keys are like socks in the laundry—somehow, they just vanish, and you’re stuck digging around for them! 😂 In our project, we’re actually planning to promote data delivery via files on SFTP rather than through APIs, but I really appreciate this idea. It's a smart approach, and we’ll definitely work towards making it a reality 👍 Radosław @ BlockDB
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BlockDB
@blockdb
Who are we building for at BlockDB? 🔎 We focus on professional dApp developers in DeFi and Web3. Our data is clean, precise, and ready-to-go, perfect for advanced decentralized applications. At BlockDB, we value: - Simplicity: Clean code and easy data delivery. - Precision: Data you can trust. - Collaboration: We enjoy building with other developers. 🤓 BlockDB is not for beginners. We work with developers who have a solid grasp of DeFi and Web3. Ready for advanced challenges? Let’s scale together. We focus on long-term partnerships and evolving data solutions. Our real-time and historical data come with strong documentation and insights. Think of us as your Web3 software partner.👨‍💻 Want to stay ahead in DeFi? Follow us for updates and tools to power your dApp. #BlockDB #Web3 #DeFi #MEV #BlockchainData #Web3Development #CryptoDevelopers
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BlockDB
@blockdb
🚀 Meet the BlockDB Team! We’re building the future of on-chain data in the DeFi & Web3 space, driven by passionate innovators: 👨‍💻 Radek (Co-founder/CEO): Leading with expertise in DeFi, QF, MEV & HFT. 👩‍💻 Iza (CMO): Crafting precise marketing strategies focused on psychology & team values. 👨‍💻 Dawid (CTO): Expert in system architecture, data science & optimization. 👨‍💻 Mikołaj (.NET Dev): Building scalable IT & ERP solutions with a focus on security. 👨‍💻 Konrad (IT Associate): Skilled in programming, system testing & market analysis. 👨‍💻 Grzegorz (Co-founder): Innovator in automation, Python & entrepreneurship. 🌐 If you're a Web3 builder or investor, join us on our journey to power the decentralized future! #DeFi #Web3 #Blockchain #OnChainData
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BlockDB
@blockdb
🔍 What is BlockDB? Your Blockchain Data Provider. We specialize in full, reliable #onchain data for #Web3 devs—offering real-time updates & comprehensive historical data. From #dApps to enterprise-grade #MEV infrastructure, BlockDB has you covered. 👉 Follow us for more! #BlockDB #Builders #Blockchain
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