Double Capital Group Launches World’s First Cryptocurrency Indexation and Analysis Service
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 who are 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 in the first stage of its development. The crypto indexes 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.
Double Capital Group co-founder Khachatur Gukasian commented:
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.
Images courtesy of Double Capital Group