Cointelegraph’s crypto intelligence platform is turning 2

Changelly
Cointelegraph’s crypto intelligence platform is turning 2
Coinbase


Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, has been available to the public for nearly two years now.

The platform, which took a year to develop, is the result of an exhaustive analysis of crypto markets and the key drivers of asset price movements.

It was developed jointly by Cointelegraph and The TIE, the most comprehensive and actionable digital asset information provider trusted by 100+ institutional clients.

Testing the VORTECS™ Score

At the heart of the platform is the VORTECS™ Score, which compares current market conditions for over 420 crypto assets to historically similar marketscapes.

Phemex

A proprietary algorithm analyzes those historic conditions, seeking consistent patterns in market behavior in the following days.

“While we’re all aware that past performance is not indicative of future results, the Cointelegraph Markets Pro platform combines sentiment analysis and social media activity with real-time market conditions in a way that allows us to create very specific models,” says Cointelegraph Markets Pro director, Russell DeCorte.

History doesn’t predict, but it can be deeply informative.

VORTECS™ beta testing delivered compelling results, according to Joshua Frank, CEO of The TIE, sharing, “We tested every score that crossed a certain threshold.

“When the VORTECS™ Score for a particular crypto asset crossed 75, we saw an average price increase of 567.2% over the next 24 hours and 473.49% over the next seven days.

“Moreover, when scores crossed the 80 threshold, asset gains were 600.01% over the next 24 hours and 473.49% over the following week.

“Of course, since many crypto traders are hodling for dear life, the real measure of success during a bear market is whether or not a platform delivers an actual edge over the market.”

Breaking NewsQuakes™ deliver headlines faster

Cointelegraph Markets Pro also features NewsQuakes™, a comprehensive headline news aggregator believed to be the fastest in the cryptocurrency industry.

Cointelegraph Markets Pro has been working with The TIE for two years to identify and isolate the most important price drivers in the news cycle.

Exchange listings and partnerships are among the headlines that tend to move markets most consistently.

The Cointelegraph Markets Pro platform uses artificial intelligence (AI) to sift through the thousands of sources that are analyzed every minute, delivering key insights directly to Cointelegraph Markets Pro subscribers — often within seconds.

When a cryptocurrency asset is listed on Coinbase, for example, it often sees rapid and significant price appreciation. “These announcements can deliver swift returns to traders who pick up on them quickly,” DeCorte says.

For instance, the NewsQuake™ system delivered news about Marinade (MNDE) which provided early indicators of a one-day move from $0.07 to $0.30 at its peak, for a 307% profit for investors.

Market intelligence for everyone

Cointelegraph Markets Pro subscribers also gain access to innovative community features. Managed by teams from both Cointelegraph and The TIE, members can join the discussion with fellow enthusiasts, share strategies and ideas, and access unique research from market experts.

DeCorte believes that the combination of real-time news and algorithmic modeling makes the crypto markets more accessible to investors of all stripes.

“We’ve witnessed a global surge in interest in cryptocurrencies even during the FTX collapse, as well as a realization that the information asymmetries inherent in existing financial markets tend to be stacked against the average investor.

I hope that Cointelegraph Markets Pro can help level that playing field in the crypto industry.”

Frank echoed the sentiment: “When we initially set out to build The TIE almost seven years ago, we had one singular goal: to enable millions of everyday investors around the globe to make more informed decisions with trusted and transparent cryptocurrency data.

The challenge was synthesizing the billions of data points we captured and sharing intelligence that is actionable and insightful for everyone.”

To see how Cointelegraph Markets Pro delivers market-moving data before this information becomes public knowledge, click here.

Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.

All ROIs quoted are accurate as of December 20, 2022.



Source link

NiceHash

Be the first to comment

Leave a Reply

Your email address will not be published.


*