The Crypto Market Letter, previously only available in Germany, will be available for global distribution starting December 1, 2021 CoinAnalyst Corp. a company that provides an artificial intelligence-based big data analytics platform which delivers detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators to investors in the digital asset sector and other industries, announced today ...

The Crypto Market Letter, previously only available in Germany, will be available for global distribution starting December 1, 2021

 CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), a company that provides an artificial intelligence-based big data analytics platform (the "Platform") which delivers detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators to investors in the digital asset sector and other industries, announced today the worldwide distribution of their Crypto Market Letter.

The Market Letter is based on the patented big-data insights technology, powered by the CoinAnalyst platform, which encompasses both fundamentals and Artificial Intelligence.

"Our Analysts actively monitor a simulated portfolio and the overall market and highlight a specific new coin each month. Our Crypto Market letter is modernizing newsletters and creating actionable insights," said Andrew Sazama, COO of CoinAnalyst.

The team at CoinAnalyst is comprised of seasoned analysts, who have delivered approximately 70% positive returns in the newsletter portfolio since April of 2021. Historical returns are not indicative of future results, but the experience of the team speaks for itself.

"Just like our insights platform, we started the newsletter after a conversation in our boardroom. With so many different options in the market, we set out to breakdown the space one asset at a time. Since its inception in April 2020, the newsletter selections have returned over 1100% on the simulated portfolio," said Thomas Reuter, Managing Editor of the Crypto Market Letter.

A recent study by data analytics firm Engine Insights showed that nearly 60% of Gen Z respondents to the survey believe they could become wealthy by investing in cryptocurrencies. "This generation has a greater acceptance and comfort with all things digital, so it is not surprising that they would be more comfortable with crypto," Kathy Sheehan, SVP at Cassandra, a division of Engine Insights, told businessinsider.com.

About CoinAnalyst

CoinAnalyst provides an artificial intelligence-based big data analytics Platform that enables investors in the digital asset sector and other industries detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators. The platform monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings). The software monitors news sources, tracks influencers, scans online social media, and provides sentiment analysis, forecast and trade signals on the top 300 digital assets (more are added regularly). Additionally, the software system provides news, price quotes and allows for messaging. A mobile version and professional terminal are in development with expected availability in Q1, 2022. The Platform is accessed through a monthly subscription model, which ranges in price depending on the plan. The plans include basic, professional, and corporate. The Platform is sold through business-to-consumer (B2C) and through business-to-business-to-consumer (B2C2C). To Learn more about CoinAnalyst: www.coinanalyst.tech.

For more information, please contact:

Andrew Sazama
Chief Operating Officer and Director
Email: contact@coinanalyst.tech
Phone: + 49 69 2648485 - 20

For Media interview requests, please contact:

Nelson Hudes
Hudes Communications International
Email: nelson@hudescommunications.com
Phone: (905) 660-9155

Forward-Looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations, the Company being able to successfully execute its business strategy, statements regarding the development of a mobile version of the Platform and professional terminal, the continued availability of capital and financing, and general economic market or business conditions. The forward-looking statements and information are based on certain key expectations and assumptions made by management.

Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, general economic conditions, the state of the regulatory environment in which the Company operates, competition, loss of markets, inability to access sufficient capital from internal and external sources, currency and interest rate fluctuations, and other risks. Please refer to the Listing Statement for more details on the risks faced by the Company. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104934

News Provided by Newsfile via QuoteMedia

CoinAnalyst COO, Andrew Sazama, Featured on The Stock Day Podcast

CoinAnalyst COO, Andrew Sazama, Featured on The Stock Day Podcast

The Stock Day Podcast welcomed CoinAnalyst (CSE: COYX) ("the Company"), a company that provides an artificial intelligence-based big data analytics platform that enables investors in the digital asset sector and other industries detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators. Chief Operating Officer and Director of the Company, Andrew Sazama, joined Stock Day host Everett Jolly.

Jolly began the interview by commenting on a recent press release detailing the Company's strategic partnership with Yieldster. "Yieldster is a fantastic partner; they are looking to use the big data and artificial intelligence pieces that we develop in our platform to help augment and improve their vault system, as well as allow us to have our own option to share copy trading."

Keep reading... Show less
Banxa Signs Top 20 Crypto Derivatives Exchange Deribit

Banxa Signs Top 20 Crypto Derivatives Exchange Deribit

Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry, is excited to announce the launch of a partnership with Deribit, the institutional-grade Top 20 crypto derivatives platform (Source: coinmarketcap.com). This partnership gives Deribit customers access to the Banxa Network, with the broadest range of payment options using Banxa's secure, managed service.

Deribit provides a professional, fully dedicated cryptocurrency futures and options trading platform, now supported by Banxas' payments service. Deribits' focus on integrity and quality combined with Banxas' provision of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliant payments solutions empowers Deribit traders with a long-term sustainable solution for derivative and crypto trading. In addition, the partnership between Deribit and Banxa allows traders access to the same standards as the conventional derivatives market.

Keep reading... Show less
CoinSmart Achieves Record Monthly Revenue of $1.8 Million in October

CoinSmart Achieves Record Monthly Revenue of $1.8 Million in October

Record Cash of 18MM and Crypto Assets of 3MM for a total of $21 Million ($0.35 per share) on Balance Sheet

Toronto, Ontario--(Newsfile Corp. - November 30, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, today announced record preliminary unaudited monthly revenue in October 2021 of approximately $1.8 million[1]. This represents a 24% increase compared to September 2021 and was primarily driven by increased trading volume.

Keep reading... Show less

Prophecy DeFi Announces Amended Terms of Brokered Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Prophecy DeFi Inc. (" Prophecy DeFi ", " PDFI " or the " Company ") (CSE: PDFI) announces that further to its press release dated November 15, 2021 it is amending the terms of the previously announced brokered private placement financing.  Under the amended terms Canaccord Genuity Corp. (the " Lead Agent ") on behalf of a syndicate of agents including INFOR Financial Inc. (collectively, the " Agents ") will act as agents for the Company to offer for sale, on a commercially reasonable efforts private placement basis, up to C$10,000,000 aggregate principal amount of convertible debenture units of the Company (the " Debenture Units ") at an issue price of C$1,000 per Debenture Unit (the " Offering ").  Each Debenture Unit will be comprised of $1,000 principal amount of 10.0% unsecured convertible debentures of the Company (the " Convertible Debentures ") and 1,250 common share purchase warrants of the Company (the " Warrants ").  Each Convertible Debenture will be convertible on the terms described below and each Warrant will be exercisable into one common share of the Company (" Common Shares ") at a price of C$1.25 per Common Share for a period of thirty-six (36) months from the closing date, subject to the right of the Company to accelerate the expiry date of the Warrants if, at any time following the date that is four months and one day following the closing date of the Offering, the daily volume weighted average trading price of the Common Shares on the Canadian Securities Exchange (the " CSE ") is greater than $2.50 for 10 consecutive trading days.

Keep reading... Show less
CoinAnalyst Plans Roll Out of Enhanced Sentiment Analysis for NFTs

CoinAnalyst Plans Roll Out of Enhanced Sentiment Analysis for NFTs

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), a company that provides an artificial intelligence-based big data analytics platform which delivers detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators to investors in the digital asset sector and other industries, announced today its plans to roll out an enhanced Sentiment Analysis for passion-based NFTs.

"2021 has seen the meteoric rise of the non-fungible token (NFT). The data we collect shows a strong correlation between passion and investment, which is especially true with NFTs. As passion grows for a particular art, the price increases. Adding these indicators will allow our sentiment analysis to evolve in a big way as Web 3.0 emerges," said Andrew Sazama, COO of CoinAnalyst.

Keep reading... Show less
Banxa Announces Fiscal Results for September Quarter 2021

Banxa Announces Fiscal Results for September Quarter 2021

Highlights:

  • $256 million AUD ($182 million USD) Total Transaction Value (TTV) up 205% year on year
  • Revenue of $12 million AUD ($8.5 million USD) - up over 316% year on year
  • $25 million AUD ($18 million USD) in liquid assets (including cash and equivalents)
  • Adjusted EBITDA loss of $1.2 million AUD ($0.8 million USD)
  • Added 17 new coins with current support for 39 coins

Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first public payment service provider (PSP) and compliance Reg-tech platform for the digital asset industry, is pleased to announce its September 2021 quarter results. The full results including MD&A are available on Sedar.

Keep reading... Show less

Top News

Related News