💻 Nasdaq preparing crypto analytics tool for traders

According to a person familiar with the plan, Nasdaq is preparing to add crypto price prediction tools to its Analytics Hub platform. Analytics Hub uses machine learning and natural language processing technologies to parse social media and alternative data sources to help investors get a better picture of market movements. According to the source, the new crypto feature will cover hundreds of assets and is being targeted for a November release. Earlier this year Nasdaq outlined a more crypto focused strategy that could include offering Bitcoin ($BTC) futures and potentially launching a cryptoasset exchange.

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