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CoinAnalyst Launches Crypto Intelligence Newsletter Globally

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

Toronto, Ontario–(Newsfile Corp. – November 24, 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: [email protected]
Phone: + 49 69 2648485 – 20

For Media interview requests, please contact:

Nelson Hudes
Hudes Communications International
Email: [email protected]
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

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

BHE Exchange: Redefining the Future of Digital Asset Trading

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Blockchain

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

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A new bill introduced in the U.S. House of Representatives, known as the Blockchain Integrity Act, seeks to address concerns surrounding the use of cryptocurrency mixers and tumblers. The proposed legislation aims to regulate these privacy-enhancing tools, which are often used to obscure the origins of cryptocurrency transactions.

The bill, if passed into law, would impose strict regulations on the operation of cryptocurrency mixers and tumblers within the United States. These tools, which allow users to mix their funds with those of other users to obfuscate the transaction trail, have raised concerns among law enforcement agencies and regulators due to their potential use in money laundering, terrorist financing, and other illicit activities.

Under the Blockchain Integrity Act, operators of cryptocurrency mixers and tumblers would be required to register with the Financial Crimes Enforcement Network (FinCEN) and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Failure to register or comply with these requirements could result in significant penalties, including fines and imprisonment.

The proposed legislation also seeks to empower law enforcement agencies to investigate and prosecute individuals and entities that operate unregistered cryptocurrency mixers and tumblers. By enhancing regulatory oversight and enforcement capabilities, the bill aims to safeguard the integrity of the blockchain ecosystem and prevent the illicit use of cryptocurrencies.

However, critics argue that the Blockchain Integrity Act could stifle innovation in the cryptocurrency space and infringe on individuals’ privacy rights. They contend that while cryptocurrency mixers and tumblers can be used for illicit purposes, they also serve legitimate privacy-enhancing functions, such as protecting users’ financial privacy and security.

The introduction of the Blockchain Integrity Act reflects growing concerns among policymakers about the potential risks associated with cryptocurrencies and their use in illicit activities. As lawmakers continue to grapple with these issues, it remains to be seen how the regulatory landscape for cryptocurrencies will evolve in the United States and around the world.

Source: cointelegraph.com

The post Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years appeared first on HIPTHER Alerts.

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Government-owned KfW elaborates on blockchain digital bond plans

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The government-owned KfW Bank, based in Germany, is delving further into its plans to issue digital bonds leveraging blockchain technology. This move underscores the institution’s commitment to exploring innovative financial solutions in the digital age.

The proposed digital bond issuance is poised to mark a significant milestone for KfW, as it seeks to embrace the transformative potential of blockchain technology. By tokenizing bonds on a blockchain platform, KfW aims to streamline the issuance process, enhance transparency, and optimize operational efficiency.

One of the key advantages of digital bonds lies in their potential to reduce the reliance on intermediaries and streamline the entire bond lifecycle. Through blockchain-based tokenization, KfW aims to automate various aspects of bond management, including interest payments and maturity settlements, thereby reducing the need for manual intervention and minimizing operational costs.

Moreover, digital bonds have the potential to enhance liquidity in the secondary market, allowing investors to trade bonds seamlessly on digital asset exchanges. This increased liquidity could attract a broader range of investors, thereby diversifying KfW’s investor base and potentially lowering borrowing costs.

In addition to the issuance of digital bonds, KfW is also exploring the integration of blockchain technology into other areas of its operations. By leveraging blockchain for various use cases, such as trade finance and supply chain management, KfW aims to unlock new efficiencies and drive greater transparency across its ecosystem.

Overall, KfW’s foray into blockchain-based digital bonds underscores its commitment to innovation and its recognition of the transformative potential of blockchain technology. As the institution continues to explore and implement blockchain solutions, it is poised to stay at the forefront of digital innovation in the financial sector.

Source: ledgerinsights.com

The post Government-owned KfW elaborates on blockchain digital bond plans appeared first on HIPTHER Alerts.

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