Knowing the details of all the cryptocurrency news that is out there can be a difficult task at the best of times, so it is no surprise to see plenty of businesses trying to find a solution to this problem.
CryptoTheorem is one of those businesses and it seems to be doing this to a higher standard than most.
Their analysis of the global sentiment of cryptocurrencies and other portfolio options is making plenty of waves and investors are excited.
Their tool works by detecting news events and sentiment on every major geopolitical location, government organization, company, cryptocurrency or asset token and compiling it for those who need it.
Its algorithms flies through thousands of unstructured social interactions almost instantly and searches for information likely to impact financial markets.
They say that knowledge is power and this tool is giving that power to investors.
Maxim Tartarovsky, Spokesperson of CryptoTheorem team, reckons that this tool will put the information back into the hands of those who need it.
He said: “For the first time, you can automatically react to unexpected events and act first within milliseconds of them being reported.
“Historically, such event detection relied on manual tagging which risked inconsistency and delays, but we have now developed a leading solution that delivers value, regardless of asset classes or how short the investment horizon is. The only limitation is the number of scenarios and models our users can imagine.”
In other words, it puts structure into data would be a mess otherwise.
Traders who use CryptoTheorem’s services will be hoping to generate better returns and keep ahead of all the goings-on in their chosen market.
This could be a gamechanger. CryptoTheorem to test it out!