Published on June 13th, 2018 | by bitcoin0
Past Bitcoin: Reuters Grows Information Benefit to Beat 100 Cryptos
Mass media and data giant Thomson Reuters is expanding its cryptocurrency sentiment data toolkit to cover 100 different coins, the company announced Wednesday.
Initially launched back in March, the bitcoin data feed was created in partnership with MarketPsych Data LLC.
The Thomson Reuters MarketPsych Indices Cryptocurrency Sentiment (TRMI 3.1) package monitors more than 2,000 global news and 800 social media sites in real-time.
It gauges sentiments such as “excitement” or “hope” to provide insight on investment and reveal market patterns using natural language processing combined with machine learning.
This expansion in the capabilities of TRMI is part of a growing use case for artificial intelligence technology among investment insights products.