NWC Development report: 2–9 January
The first week of 2022 is coming to an end. Let’s dive into the progress made here at NewsCrypto. If you’re also interested in the overview of the action in the markets, make sure you check out our Letter from the CEO, which has already been uploaded to our blog.
The most important development of this week is the AI sentiment tool upgrade, which was deployed on Thursday. Our revolutionary tool that checks news items and social media to determine the overall sentiment in the markets has been improved with an enhanced algorithm, as well as new timeframes. Instead of going solely over news headlines it also goes over even more extensive articles to ensure the best predictions. On top of that it also takes basic technical analysis into account to make certain discrepancies between fundamentals and technicals don’t deteriorate forecasts.
This week we also distributed awards from our non-custodial wallet giveaway. We’ve rewarded 100 randomly selected participants that transferred their NWC to a non-custodial wallet, such as our own NewsCrypto or Metamask Wallet with 200 NWC tokens each. Thanks for the participation everybody and stay tuned for more competitions in the future. To be sure you stay up to date and don’t miss anything consider following us on our official Twitter profile.
This week we also shared a blog that covered 5 trends we anticipate will be a hot topic in the year ahead, so you can more easily predict what sectors of the crypto market will be booming and adjust your exposure accordingly to secure the highest gains and maximize your returns. To celebrate the start of a new year we’ve also given everybody an opportunity to upgrade their Subscription at a discount. You can now join our Pro Tier for 22% off with the promo code NWC2022. You can learn more about the professional features you get, when you upgrade your subscription to the professional level here.
As for our regular posts, this week’s Market Price report was about Yearn Finance (YFI), while the FA report covered THORChain (RUNE). Our weekly How-to Crypto taught you how to secure your browser, which is essential when handling cryptocurrencies. This week’s Newsco Weekly Report covered the recent news, such as the $87B Italian Bank adding BTC trading option for their customers, as well as the current market situation along with all of the crucial on-chain data.