Equities

Reuters offers insight into how algos being used to scour social media for clues to crypto moves

Reuters offers insight into how algos being used to scour social media for clues to crypto moves

Reuters offered insight into how hedge funds and asset managers seeking an edge are training computers to scrape social media sites for triggers that could move the price of digital currencies. Their goal: crafting algorithms capable of picking out price “signals” from the background noise of sites ranging from Reddit and WeChat to Twitter and Telegram.