English
Glossary (Stablecoin)
Entry into Stablecoin data/indicators
Data/Indicator
Definition
Interpretation
-Type of cryptocurrency that is pegged to a fiat currency
-How stablecoin is issued
-Stablecoin with treasury account
-Stablecoin without treasury account
Amount of Stablecoin deposited/withdrawn into/from the exchange wallets.
  • Increase of inflow - Mostly a Bullish sign
  • Increase of outflow - Mostly a Bearish sign
The amount of the stablecoins held in the exchange addresses
  • High
    High Buying pressure
  • Low
    Low selling pressure
  • Increasing trend
    Increasing potential Buying power -Bullish
  • Decreasing trend
    Decreasing scarcity - Bearish
The number of unique addresses making inflow/outflow transactions of exchanges
  • High
    Large number of investors
  • Low
    Small number of investors
  • Increasing trend
    Expanding interest and activeness
  • Decreasing trend
    Diminishing interest and activeness
The total number of deposits/withdrawals transactions of the exchange
  • High
    Large number of transactions
  • Low
    Small number of transactions
  • Increasing trend
    Expanding interest and activeness
  • Decreasing trend
    Diminishing interest and activeness
Defined as a ratio of the Market Cap of BTC divided by the Market Cap of all Stablecoins
  • Increasing trend
    Slowing down status of stablecoin's buying power - Bearish or sideways sentiment
  • Decreasing trend
    Rising status of stablecoin's buying power - Bullish

How to look at indicators

This section identifies the look out point for individual indicators. These indicators could be divided by their identity and the usefulness in trading. Each indicator utilized each feature of stable coin and put together they cover multiple aspects and capture movements in stablecoin relatively precisely.
If you want to make use stablecoin feature of by figuring out

1) How many stablecoins came out from or into the exchange

Checking the flow into the exchange is a great way to keep track of stablecoins that could be medium to buy cryptocurrencies or liquidity of derivative market

2) How many stablecoins are in the exchange

Checking the Stablecoin Reserve in exchange helps measuring buying power in the exchange

3) How many stablecoin addresses or transactions are active or being made through the exchanges

Checking the active address count or transactions is a great way to figure out how much addresses are participated in the movement in the price and find out the sentiment behind it

4) Figuring out how buying power or liquidity in the market

To figure out the power balance between the BTC and Stablecoin by market cap

It is wise to take a look at each indicator according to the number stated above.