Explore our new Volatility Insights dashboard: forecast next‑24‑hour volatility for the top ten Synth miners, compare prior forecasts to realized Bitcoin volatility, and visualize Bitcoin’s percentile ranges over both windows. Dive in and explore it!IntroductionThis report analyzes miner performance within the Synth Subnet over April. We examine:Leaderboard dynamics: consistency in the top ranks, week‑to‑week turnover, and the ability of miners to return to leading positions;Performance drive...

Explore our new Volatility Insights dashboard: forecast next‑24‑hour volatility for the top ten Synth miners, compare prior forecasts to realized Bitcoin volatility, and visualize Bitcoin’s percentile ranges over both windows. Dive in and explore it!IntroductionThis report analyzes miner performance within the Synth Subnet over April. We examine:Leaderboard dynamics: consistency in the top ranks, week‑to‑week turnover, and the ability of miners to return to leading positions;Performance drive...

Data from 2025-04-21 To 2025-04-27Bitcoin Price ActionDuring the week of April 21 to April 27, 2025, Bitcoin opened at $85,200 and closed at $93,700, with a weekly low of $85,150 and a high of $95,700. The week experienced significant price movement, driven by a major volatility spike on April 22 between 21:30 and 22:00 UTC. During this period, rumors of a potential tariff deal between China and the U.S. triggered a sharp 2.3% price surge within 30 minutes, pushing Bitcoin from around $91,600...

Data from 2025-04-21 To 2025-04-27Bitcoin Price ActionDuring the week of April 21 to April 27, 2025, Bitcoin opened at $85,200 and closed at $93,700, with a weekly low of $85,150 and a high of $95,700. The week experienced significant price movement, driven by a major volatility spike on April 22 between 21:30 and 22:00 UTC. During this period, rumors of a potential tariff deal between China and the U.S. triggered a sharp 2.3% price surge within 30 minutes, pushing Bitcoin from around $91,600...

Miners and traders now have two new tools to improve their subnet and trading performance!For Miners: Stay up-to-date on miners' performances with our new Miners Tooling Dashboard! Besides live CRPS and leaderboard values, the dashboard also contains the most recent information about Bitcoin price action and volatility.For Traders: Powered by the Synth data produced by the subnet's miners, futures leveraged traders can now make more informed decisions about their liquidation risks! ...

Miners and traders now have two new tools to improve their subnet and trading performance!For Miners: Stay up-to-date on miners' performances with our new Miners Tooling Dashboard! Besides live CRPS and leaderboard values, the dashboard also contains the most recent information about Bitcoin price action and volatility.For Traders: Powered by the Synth data produced by the subnet's miners, futures leveraged traders can now make more informed decisions about their liquidation risks! ...

Data from 2025-02-17 to 2025-02-23Bitcoin Price ActionFrom February 17th to February 23rd, the price of Bitcoin opened at approximately $96,073 and closed at $96,263. During this period, the price reached a minimum of $93,381 on February 18th and a maximum of $99,480 before retracing. While the overall volatility seemed more contained compared to previous weeks, there were still significant price fluctuations. Notably, on Friday, February 21st at 2:30 PM UTC, a sharp price drop occurred, with...

Data from 2025-02-17 to 2025-02-23Bitcoin Price ActionFrom February 17th to February 23rd, the price of Bitcoin opened at approximately $96,073 and closed at $96,263. During this period, the price reached a minimum of $93,381 on February 18th and a maximum of $99,480 before retracing. While the overall volatility seemed more contained compared to previous weeks, there were still significant price fluctuations. Notably, on Friday, February 21st at 2:30 PM UTC, a sharp price drop occurred, with...

Data From 2025-03-03 To 2025-03-10Bitcoin Price ActionDuring the week of March 3rd to March 10th, Bitcoin experienced significant volatility, with fluctuations in volatility regimes and an overall downward trend. The price started the week at approximately $94,300 and ended at around $80,700, marking both the weekly high and low. These price movements were largely driven by macroeconomic and geopolitical uncertainties, affecting not only the cryptocurrency market but also traditional financia...

Data From 2025-03-03 To 2025-03-10Bitcoin Price ActionDuring the week of March 3rd to March 10th, Bitcoin experienced significant volatility, with fluctuations in volatility regimes and an overall downward trend. The price started the week at approximately $94,300 and ended at around $80,700, marking both the weekly high and low. These price movements were largely driven by macroeconomic and geopolitical uncertainties, affecting not only the cryptocurrency market but also traditional financia...

Data from 2025-03-31 To 2025-04-06Bitcoin Price ActionBetween March 31 and April 6, Bitcoin opened at approximately $82,400 and closed at around $78,300, marking a 4.9% decrease over the week. The price experienced significant volatility, particularly following the U.S. announcement of new tariffs on April 2 at 8:00 PM UTC, which triggered an immediate drop. Bitcoin reached a peak of $88,400 on April 2 before declining sharply to a low of $78,100 on April 6. Notably, the end of the week saw a...

Data from 2025-03-31 To 2025-04-06Bitcoin Price ActionBetween March 31 and April 6, Bitcoin opened at approximately $82,400 and closed at around $78,300, marking a 4.9% decrease over the week. The price experienced significant volatility, particularly following the U.S. announcement of new tariffs on April 2 at 8:00 PM UTC, which triggered an immediate drop. Bitcoin reached a peak of $88,400 on April 2 before declining sharply to a low of $78,100 on April 6. Notably, the end of the week saw a...

Data From 2025-02-24 To 2025-03-03Bitcoin Price ActionDuring the week from February 24th to March 2nd, Bitcoin registered significant volatility. The week opened with a price of $96,277 at midnight on February 24th and closed at $94,274 at 11:59 PM on March 2nd. Bitcoin reached a peak of $96,490 shortly after the week's opening (on February 24th at 12:51 AM) and dropped to a low of $78,268 on February 28th at 8:46 AM. Following this, the price began to recover, returning to levels closer...

Data From 2025-02-24 To 2025-03-03Bitcoin Price ActionDuring the week from February 24th to March 2nd, Bitcoin registered significant volatility. The week opened with a price of $96,277 at midnight on February 24th and closed at $94,274 at 11:59 PM on March 2nd. Bitcoin reached a peak of $96,490 shortly after the week's opening (on February 24th at 12:51 AM) and dropped to a low of $78,268 on February 28th at 8:46 AM. Following this, the price began to recover, returning to levels closer...

Data From 2025-04-14 To 2025-04-20Bitcoin Price ActionDuring the week of April 14 to April 20, Bitcoin opened at $83,700 and closed at approximately $85,200, fluctuating between a low of $83,100 and a high of $86,400. Overall, volatility was notably lower than in previous weeks. However, brief episodes of heightened price movement persisted. One of the most notable events occurred on Monday, April 14, between 2 PM and 3 PM UTC, when Bitcoin jumped 1.4% within an hour—from $84,500 to $85,700. ...

Data From 2025-04-14 To 2025-04-20Bitcoin Price ActionDuring the week of April 14 to April 20, Bitcoin opened at $83,700 and closed at approximately $85,200, fluctuating between a low of $83,100 and a high of $86,400. Overall, volatility was notably lower than in previous weeks. However, brief episodes of heightened price movement persisted. One of the most notable events occurred on Monday, April 14, between 2 PM and 3 PM UTC, when Bitcoin jumped 1.4% within an hour—from $84,500 to $85,700. ...

Data from 2025-03-24 To 2025-03-30Bitcoin Price ActionBetween March 24 and March 30, Bitcoin opened at approximately $86,800 and closed at around $82,300, representing a significant 5.2% decrease over the week. The price exhibited notable volatility, reaching a peak of approximately $88,300 on March 25 before experiencing a sharp decline following the release of the PCE Inflation Data on Friday, March 28 at 11:00 AM UTC. The most dramatic price movement occurred immediately after the PCE infl...

Data from 2025-03-24 To 2025-03-30Bitcoin Price ActionBetween March 24 and March 30, Bitcoin opened at approximately $86,800 and closed at around $82,300, representing a significant 5.2% decrease over the week. The price exhibited notable volatility, reaching a peak of approximately $88,300 on March 25 before experiencing a sharp decline following the release of the PCE Inflation Data on Friday, March 28 at 11:00 AM UTC. The most dramatic price movement occurred immediately after the PCE infl...

Data From 2025-03-17 To 2025-03-23Bitcoin Price ActionBetween March 17 and March 23, Bitcoin opened at approximately $82,500 and closed at around $86,080. The price fluctuated between a low of $81,177 on March 18 and a high of $87,450 on March 20. Throughout the week, volatility surged, with rolling log-return volatility increasing fourfold from about 0.05% to 0.2%. These fluctuations were likely driven by geopolitical events and general market uncertainty. Notably, the FOMC (FED) meeting on ...

Data From 2025-03-17 To 2025-03-23Bitcoin Price ActionBetween March 17 and March 23, Bitcoin opened at approximately $82,500 and closed at around $86,080. The price fluctuated between a low of $81,177 on March 18 and a high of $87,450 on March 20. Throughout the week, volatility surged, with rolling log-return volatility increasing fourfold from about 0.05% to 0.2%. These fluctuations were likely driven by geopolitical events and general market uncertainty. Notably, the FOMC (FED) meeting on ...

This article evaluates the accuracy of Bitcoin price forecasts generated by Synth Subnet miners. It compares their dynamic, market-responsive models with a standard Geometric Brownian Motion (GBM) benchmark, using simulated price paths and statistical measures like log-likelihoods and Mean Squared Error (MSE). Key Points:ObjectiveAssess how well the Synth Subnet forecasts Bitcoin price movements and liquidation probabilities, with a focus on helping traders manage risk and set leverage levels...

This article evaluates the accuracy of Bitcoin price forecasts generated by Synth Subnet miners. It compares their dynamic, market-responsive models with a standard Geometric Brownian Motion (GBM) benchmark, using simulated price paths and statistical measures like log-likelihoods and Mean Squared Error (MSE). Key Points:ObjectiveAssess how well the Synth Subnet forecasts Bitcoin price movements and liquidation probabilities, with a focus on helping traders manage risk and set leverage levels...

Synth Subnet Volatility Modelling InsightsBitcoin VolatilityOne of the key challenges in the Synth subnet is forecasting volatility. Having models that can distinguish between periods of high and low volatility provides miners with a significant edge, particularly when predicting assets prone to frequent price swings, such as cryptocurrencies. In this phase of the subnet, the focus is specifically on Bitcoin. The baseline model initially recommended for forecasting Bitcoin price movements is ...

Synth Subnet Volatility Modelling InsightsBitcoin VolatilityOne of the key challenges in the Synth subnet is forecasting volatility. Having models that can distinguish between periods of high and low volatility provides miners with a significant edge, particularly when predicting assets prone to frequent price swings, such as cryptocurrencies. In this phase of the subnet, the focus is specifically on Bitcoin. The baseline model initially recommended for forecasting Bitcoin price movements is ...