CoinAnalyst Corp. partners with iVest+ to bring proprietary
indicators to innovative trading platform
Toronto, Ontario –
November 18, 2021 -- InvestorsHub NewsWire -- CoinAnalyst Corp. (CSE: COYX FSE: 1EO),
a company that provides an artificial intelligence-based, big data
analytics platform enabling investors in the digital asset sector
and other industries to access a custom dashboard,
today announced
it has partnered with iVest+, the next generation trading
platform.
"From the
moment we started talking, there has been a natural synergy between
the two companies. We are excited to provide our Big Data and AI
indicators to further enhance their already industry leading
trading platform," stated Andrew Sazama, COO of
CoinAnalyst.
CoinAnalyst
brings experience in big data and artificial intelligence to a
simple to use research platform for the masses, from those just
beginning their foray into digital assets, all the way to those who
are experienced traders. The company makes this data available to
its partners through an Application Programming Interface (API),
which allows two applications to talk to each other. This
partnership effectively will enable iVest+ to become a CoinAnalyst
data reseller, which is anticipated to happen in the near
future.
According
to Coinmarketcap.com,
the global crypto market cap is roughly $2.76 trillion dollars as
at November 17, 2021. The overall market cap has grown over 4.5x
since last November, when it stood at $578 billion. In the next one
to three years, "every large bank and/or securities firm" is going
to be actively thinking about trading and selling cryptocurrencies,
Vikram Pandit, chairman and CEO of tech-focused private equity firm
Orogen Group and former CEO of Citigroup, said at the Singapore
Fintech Festival. "My big hope is that central banks around the
world understand the benefit of a central bank digital currency,
and move on to accept, adopt them," said Pandit.
When the market moves even one
percent, we're talking about a marketcap move of more than $26
billion dollars. The price fluctuation leaves everyone asking
what's going on, this is where CoinAnalyst fits into the equation,
by being the data source and helping people profit from these price
movements.
"As digital
assets continue to grow in popularity, from cryptocurrencies to
NFTs and beyond, it is only natural to stay ahead of the curve by
providing our customers the best tools possible," said Rance Masheck, CEO and
Co-Founder of iVest+. "The partnership between
CoinAnalyst and iVest+ does just that."
About
CoinAnalyst
CoinAnalyst provides an
artificial intelligence-based big data analytics Platform that
enables investors in the digital asset sector and other industries
to access a custom dashboard. The dashboard 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). Learn
more about CoinAnalyst, visit
www.coinanalyst.tech
About
iVest+
iVest+ has reimagined what
trading platforms should look and act like, with DIY investors in
mind. Purpose-built by leading educators, for educators, and to
empower self-directed traders, iVest+ provides tools that act as an
invisible mentor for continuous improvement. iVest+ offers
brokerages, trading educators, and independent investors the only
stock and options trading platforms that package powerful data and
insights into portable technology, with easy-to-use tools and
visuals for optimal success. For more information about the
company's white-labeled and retail trading offerings,
visit www.ivestplus.com
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.