eToro Launches Twitter Sentiment Trading Portfolio

0
23

eToro

eToro, the Israeli-based brokerage firm, has launched a new portfolio that uses AI to analyze Twitter for the latest social media perceptions of digital assets.

The tool, which is called TheTIE-LongOnly CopyPortfolio, is a collaboration between eToro and cryptocurrency analytics firm The TIE. According to The TIE, the platform’s “proprietary machine learning and language processing models ingest 850 million tweets per day, quantifying the positive and negative tone of conversations on Twitter.” The platform then leverages this data and allocates trades based “on positive sentiment, algorithmically rebalancing once per month.” The system is available to eToro …

Read The Full Article On CryptoCurrencyNews.com

click to read more 19 - eToro Launches Twitter Sentiment Trading Portfolio

logo CryptoCurrencyNews mi 19 - eToro Launches Twitter Sentiment Trading Portfolio

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

MUST READ  How Decentralized? New Report Reveals Three Countries Control 50% of Bitcoin (BTC) Nodes