Traditional financial word is long-established, it is strictly controlled by the government, and its functions are divided amongst a number of players: banks, brokers, stock markets, auditors, and investors.
The cryptocurrency market situation is different: chaos and inconsistency reign supreme, clear-cut rules of the game and external regulation are non-existent.
Mass media and social media are stirring up interest for blockchain projects and new cryptocurrencies, but very few sources publish verified information. Today hundreds of altcoins exist, and new ones keep coming all the time, so it is hard for a newcomer to make sense of all this variety.
In order to ease the immersion into the world of cryptocurrencies for those investors used to working in the traditional financial market, the experts of the Double Capital Group financial team have created the CryptoEYE.pro platform. This is an analytical platform, where, for the first time in the industry, the tools familiar to fiat investors — indexes — are represented, but in this case — for cryptocurrencies.
Share indexes, used to designate asset groups, have existed for many years on traditional markets. Companies belonging to the same economic sector are often included into an index, which helps the traders to understand in general the state of affairs in the field, and to realize the current stock value dynamics of the companies included in the index. Now cryptocurrency investors also have an opportunity to do such analysis.
At present the CryptoEYE.pro project is on the first stage of its development: the cryptoindexes have been actualized, knowledge base and a security device for investors have been arranged. In the future a news aggregator based on the Big Data analytics, an opportunity to buy index funds, trade strategies development and trade hypothesis testing service will appear on the platform.
“The classification of all the information obtained will be subject to an all-round systemic analysis which will uncover the factors that affect a specific cryptoasset. As a result, a summary of important news will be formed, together trading signals, allowing the investors to determine the best moment for buying or selling assets — or to create an automatic trade strategy, using such signals, directly on our platform”, commented the Double Capital Group co-founder Khachatur Gukasian.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.