Hi guys, today i brought good news for you guys. A tool that gives cryptocurrency price predictions? How awesome can that be?
Nasdaq, an American stock exchange, is reportedly going to launch a tool capable of predicting cryptocurrency price movements in November. The tool is allegedly going to support 500 cryptocurrencies, and it is currently being tested.
The analysis is going to collect fund flows via wallets, data from exchanges, and, finally, social media: “There’s the social media sentiment part, so applying machine learning and NLP, which will start with Twitter and might include StockTwits and then eventually perhaps Reddit”, according to an internal source.
