TradeView integrates Bitcoin and Ethereum volatility charts from Volmex Finance

It is reported that the Bitcoin and Ethereum volatility charts of the cryptographic derivative protocol Volmex Finance have been provided on the technical analysis platform TradeView. Cole Kennelly, founder and CEO of Volmex Labs, said that these charts were launched on Friday, and the 50 million traders and investors who use Trading View each month now have access to the Volmex Implied Volatility Index, BVIV Index, and EVIV Index.

Interpretation of this information:

The recent news from Volmex Finance indicates that volatility charts for Bitcoin and Ethereum are now available on Trading View, a popular technical analysis platform. This move follows the company’s previous announcement regarding the launch of their cryptographic derivative protocol. With the latest development, the 50 million traders and investors who use Trading View each month can now access three volatility indices, namely the BVIV Index, EVIV Index, and Volmex Implied Volatility Index.

Volatility charts are essential in helping traders assess the potential risk involved in trading cryptocurrency assets. In the case of Bitcoin and Ethereum, the volatility of these assets has been one of the main reasons why they have become so popular in recent years. As such, the charts provided by Volmex Finance on Trading View can give traders and investors insights into these assets’ behavior and expected price movements.

The Volmex Implied Volatility Index, for example, is designed to capture changes in the market’s expectations for future volatility. Meanwhile, the BVIV Index measures realized volatility against implied volatility. Lastly, the EVIV Index measures the expected level of volatility over the next 30 days.

What does this mean for the cryptocurrency industry? The availability of these volatility charts on Trading View can only further increase the awareness and interest in cryptocurrency assets. Traders and investors alike can use the charts provided by Volmex Finance to sharpen their strategies and make more informed decisions.

The move also indicates a growing interest in cryptocurrency derivatives, as companies like Volmex Finance offer trading alternatives that allow traders to hedge their bets against future price movements. As a result, trading and investing in cryptocurrencies may become more accessible, not just for experienced traders, but for beginners looking to diversify their portfolios.

In summary, Volmex Finance’s announcement regarding the availability of their volatility charts on Trading View appears to be a significant development for the cryptocurrency industry. With more traders and investors now having access to these charts, the potential for making informed decisions when trading and investing in cryptocurrencies increases significantly.