VELES — platform for creating bots on the cryptocurrency market

The market is a cyclical phenomenon that has not been broken and will never be broken. An absolutely living organism whose lifeblood is money. First, let’s start with a definition – what is an “alt season”? It’s a market cycle when major capitals are focused on altcoins after fixations on bitcoin. In the cryptocurrency market, the asset-to-asset path of money is already entrenched. At the…

Summer has always been a season for rest and relaxation. Even when one has work commitments, the bright sunshine and pleasant temperatures create an atmosphere for relaxation. For financial markets, summer is also a kind of vacation. After nine months of hard work by big capital and financial organizations, the markets need to cool down in order to continue making strong trend movements. The circumstance…

June 2024 Results Cryptocurrency events This June, BTC decreased in value by 13%, ETH showed a 24% growth. However, traditionally, the market does not show strong movements in summer time. A slow decline in bitcoin occurred throughout the month, and today the price of the main cryptocurrency is trading near $60 thousand. Traders’ attention was attracted by the sensational NOT Coin, the volumes of which…

The essence of the market is the reallocation of funds. This is where uptrends, downtrends and sideways trends come from. After a strong market movement, when the majority of participants have closed their positions. After such movements, there is a period of calm in the market, or by another name, a sideways trend. A sideways trend means that the price does not give a clear understanding of the movement. It forms a certain corridor in which it trades. This corridor is called a sideways trend. The logical reasoning behind the sideways trend is that a large participant will gain a position. It is impossible to pour a large amount of money into the market, because it will cause an instant reaction of the price and a large position will not bring the planned profit. That is why it is taken in parts and in the price range.

Airdrops remain the main chip of new cryptocurrency projects that want to attract new users. Productive advertising is money, also free. First of all, let’s understand what an airdrop is? Airdrop is a process where new cryptocurrency projects distribute their tokens to users for free.Users do not need to invest money in the project to receive the tokens. They receive these tokens for free. It is only necessary to perform various tasks of the project to become lucky and get the coveted tokens. It is also known that the number of tokens distributed through Airdrop is limited. Therefore, many reward hunters are trying their best to get the coins. And the more, the better.

Cryptocurrency events Bitcoin continues to consolidate near the historical maximum, trading at $69 thousand. At the same time, the market capitalization of stablecoins updated the historical high, which may indicate the readiness to inject investments into the market. The most significant event during the month was the approval of the spot Ethereum-ETF. Unexpectedly for the market, the SEC approved all applications to launch spot Ethereum…

Bybit exchange and Veles platform have launched a trading competition with a prize pool worth up to 57,875 USDT To participate, you will need to have an account on Bybit exchange and connect your API to your Veles profile, if you haven’t done so already. Register for the contest and start trading with Veles bots

Veles team has done a complex testing and finalization of the settings presented in the showcase of ready-made Veles bots. The description of the settings is accompanied by the results of backtesting, as well as recommendations for their usage. To work with trading bots, it is recommended to keep on deposit a backup capital of at least 50% of the amount allocated for a deal.

The fourth halving of bitcoin happened, the price of the main cryptocurrency continues to trade near the support at the mark above $60 thousand. April was marked for traders by liquidations of $1.8 billion, after which a prolonged sideways trend began. The reason for the unexpected, but localized market reversal was the news from the Middle East region.The situation changed traders’ expectations on the Fed interest rate cut, the meeting on which is scheduled for June. Earlier, the US decided to raise the inflation rate to 3.5%, the previous figure was 3.2%

Veles team has introduced an innovative type of trade analysis. Backtests are designed for testing and creating your own trading strategies. The platform capabilities allow for a detailed analysis of various scenarios on the chart history. Each Veles user can manage orders through partial position opening, setting multiple take-outs and closing the deal at breakeven.

The Crypto2AF™ Signals spot trading tool has been added to the Veles platform. The indicator is based on the strategy of breaking chart patterns and helps traders to find potential entry points, reducing the need for self-tracking the market and reducing stress during trading.

Bitcoin broke through its all-time high (ATH) and reached a price of $73777. In February, BTC marked an increase of 43.5%, ETH grew by 46.2%.

Bitcoin continues to demonstrate its strength, reaching the $64k milestone. Even more interesting is its potential, as BTC is approaching all-time highs.

The month began with gifts for buyers and sellers at the same time. FUD around the news of ETF approval did not decrease for several months, familiarizing with the volatility rapidly arriving novices to the market.

We have put together a collection of Veles strategies 2.0. In this collection you will find examples of ready-made bots for futures and spot markets with different variations of our trading tools application.

The year 2023 has come to an end and it’s time to summarize the results of the Veles platform. This year has been full of changes, new achievements and unforgettable moments. We are glad to unite such a large number of users under a common flag – Veles, under which we are going into the New Year. And we are sure that we will be able to prove ourselves together with our users in 2024!

Veles team has backtested CryptoWave – Swing48 signals for mid-term trading and investment holding.

Bitcoin has been in a stable sideways trend for a month, without any noticeable volatility, which also affects altcoins. The total trading volume for the month reached $400 million!

Veles has been successfully audited by Binance. The audit was performed by leading experts from the exchange’s team. The exchange’s report confirmed that Veles has a high level of security, which ensures the reliability and proper functioning of the platform.

As an overview we have collected bot configurations on one page. Here you will find various configurations that are available on the showcase, as well as versions that we publish separately in our community.

The month started with some positive news – bitcoin closed September with a green candle for the third time in its history. The mood of traders and investors is set by rumors about the upcoming approval of a spot bitcoin-ETF. FUD is building up around this news, shaking weak hands out of the main crypto asset in every way possible.

Retail trading automation platform Veles.Finance has raised $500k in a closed pre-seed round with business-angels and private decentralized fund DF101 as investors.

Bitcoin entered September with a 12% drawdown and did not show any serious dynamics all month long. TON coin showed a 51% movement. The U.S. inflation rate rose to 3.7%, up from the previous reading of 3.2%. Bitcoin reacted with a short-term rise.

August proved to be challenging for traders in the cryptocurrency market, serving as a reminder of the importance of prudent risk management and a strategic approach to trading.

At Veles.Finance, we have always been skeptical of backtests: they do not predict price movements, but merely confirm the reality of the past. And history, especially in trading, does not tolerate the subjunctive mood. Today, we have decided to challenge the results of backtests and invite all interested parties to participate in our experiment.

Bybit is organizing the WSOT 2023 tournament in August. For users who will be trading from the Veles team, we are holding an internal contest with branded and cash prizes. The level of professionalism is not important. Even beginners with modest deposits are welcome.

The second month of summer closes with uncertainty. In July, the annual inflation in the USA slowed to 3%, triggering a rise in Bitcoin’s price. At one point, the coin’s price surged to $31,800, reaching its yearly maximum. As of today, the price of Bitcoin is trading at around $29,400.

We have updated the ready-made bots showcase. Explore the mechanics of the market with $1 or collect Bitcoin during price dips. Settings vary in risk levels, and there is a recommendation for each of them.

June was not easy for traders. The overall negative backdrop of SEC lawsuits against Binance and Coinbase led to a string of liquidations in the market. For its part, Binance accused the SEC of creating confusion and deliberately misleading the community. Nevertheless, buying forces are gaining momentum – last week bitcoin renewed its yearly high and hit $31,400.

Every trader first and foremost tracks price development, buying power and market trend. As a rule, a trend is a phenomenon of short duration. More often the price goes in a flat or sideways, you can call these pro-trends in different ways. If you look at the yearly picture of bitcoin, which sets the rate for all other coins, all bitcoin does during that time is go down. But if you study the whole history since its inception, it’s going up. It’s all about timeframes and cycles!

The crypto community remains in a frenzied anticipation due to the approval of trading in China for a number of major exchanges, but May didn’t leave us without entertainment. Meme coins continued to manage the crypto market, and the sensational PEPE token took the third spot in the top market capitalizations with a rise in the price of more than 400%.