Cointelegraph Markets Pro , a data platform designed to level the playing field for players in the cryptocurrency market, is now available to the public after a successful live testing period.
The platform, in development for a year, is the result of an exhaustive analysis of the crypto markets and the main drivers of the movements of prix assets. It was jointly developed by Cointelegraph and The TIE, a leading provider of crypto data, analytics, and software that counts major hedge funds, market makers and over-the-counter bureaus among its clients.
VORTECS Score Testing
At the heart of the platform is the VORTECS Score, which compares current market conditions for over 130 crypto assets to historically similar markets. A proprietary algorithm analyzes these historical conditions, looking for consistent patterns of market behavior in the following days.
"Even though crypto markets can appear volatile, volatility is often remarkably consistent," said Jay Cassano, CEO of Cointelegraph. “While we are all aware that past performance is not indicative of future results, the Markets Pro platform combines sentiment analysiss and social media activity with real time market conditions in a way that allows us to create very specific patterns.
Beta testing of VORTECS has yielded convincing results, according to Joshua Frank, CEO of The TIE.
"We tested every score that crossed a certain threshold in our live beta phase," Frank explained. "When the VORTECS score for a particular crypto asset exceeded 70, we saw an average price increase of 7.61% over the next 24 hours. And 25.9% over the next seven days.
Frank noted that when scores crossed the 80 threshold, asset gains were 8.58% over the next 24 hours - and 28.2% the following week.
"Of course, given that most crypto traders look to other assets like Bitcoin, the real measure of success during a bull market is whether the assets that havecrossing these thresholds generated gains across the crypto market, ”Frank continued.
Breaking NewsQuakes publish headlines faster
Cointelegraph Markets Pro also offers NewsQuakes, a comprehensive news aggregator considered to be the fastest in the cryptocurrency industry.
" We work with The TIE for a year forr Identify and isolate the most important price factors in the news cycle, ”explained Cointelegraph editor-in-chief Jon Rice.
"Token burns, exchange listings, partnerships, and staking announcements are some of the headlines that tend to move the markets. The Markets Pro platform uses AI to sift through the thousands of sources we analyze every minute, delivering key information about these events directly to Markets Pro subscribers - often within seconds. "
Rice suggested that when a cryptocurrency asset is listed on Coinbase, for example, it often sees rapid and significant price appreciation." These announcements can provide quick returns to traders who get them back quickly, ”he said.
Rice also noted that for many foreign exchanges, the time between an announcement in the native language of the exchange andan English version can be much longer, but the NewsQuake service supports multiple languages and translates them in real time.
Business intelligence for everyone
Markets Pro subscribers also access community features. Managed by Cointelegraph and TIE teams, members can participate in the chat with fellow enthusiasts, share strategies and ideas and access unique research from experts.
Cassanohopes that the combination of real-time information and algorithmic modeling makes the crypto markets more accessible to investors from all walks of life. “We have seen a resurgence of global interest in cryptocurrencies, as well as a realization that the information asymmetries inherent in existing financial markets tend to be cumulative relative to the average investor. I hope Markets Pro can help level the playing field in the crypto industry. "
Frank echoed this sentiment, expressing that" when we started creating The TIE over three years ago, we had one goal: to empower millions of investors. dailies around the world to make more informed decisions with reliable and transparent cryptocurrency data. The challenge was to synthesize the billions of data points we captured and share insightsactionable and relevant training for everyone. "
cointelegraph market pro is available here