Robots Can Now Trade Crypto Better Than Humans

2019-6-4 20:53

Machines are taking everyone’s jobs these days. From delivering your packages to driving you home, computers seem to do everything more efficiently. And with the latest advances in artificial intelligence, they’re even better at trading crypto.

Panxora, a crypto exchange and capital management company, has revealed a new trading algorithm which hustles bitcoin better than the savviest of human traders.

Their trading algorithms have generated returns of 120% over the past 21 months – since September 2017. That’s far above most other crypto hedge funds which have experienced a median loss of 63%, following the market downturn last year. 

Their new trading models can even beat traditional markets, according to Panxora. The Sharpe Ratio—which measures returns of an investment in relation to its risks—exceeded 2.0 for the new Panxora AI algorithm. By contrast, Warren Buffett’s Berkshire Hathaway has a long-term Sharpe of only 0.79

“These results show the level of sophistication AI can achieve in crypto hedging strategies,” said Panxora CEO Gavin Smith, who is also one of the AI architects. “Though the models learn and adapt over time to keep in step with changes in the market, the goal to capitalise on price movement remains fixed.”

In addition, Smith said, the software also protects traders from unexpected market drops. “The models are also written to guard against any downturn,” he added. ”They are built to retain as much value as possible when the market drops or moves sideways.”

Panxora hopes to leverage the new algorithm for its Active Treasury Management Service, which manages subscription capital raised by ICOS, IEOs and other token offerings. Running through a Cayman Islands-based hedge fund, the service allows crypto companies to increase their treasuries as they build out their products.

“Tokens mostly receive their subscription capital in cryptocurrency, leaving it subject to price volatility,” explained Marcie Terman, Panxora COO. “The Active Treasury Management Service effectively hedges this capital to protect it against a cryptocurrency price collapse, but the models are also trained to identify market inefficiencies that can generate excess returns.”

Oh good. Another way for ICO’s to make money.

The post Robots Can Now Trade Crypto Better Than Humans appeared first on Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0013807 (-100%)

crypto better robots trading humans trade exchange

crypto better → Результатов: 126


Crypto Tidbits: Facebook May Launch Stablecoin, Ethereum Developer ConsenSys In Throes

As the crypto market bounced en bloc, this industry’s news cycle has been starting to look lively yet again. Rob Paone, better known as “Crypto Bobby,” recently explained that this week’s industry developments have been “big,” and in stark contrast to prices, insiders continue to “hunker down” to build bonafide valuable products, platforms, and services.

2018-12-22 17:00


Фото:

The Highs and Lows of the 2018 Year in Cryptocurrency

Luno is on a mission to make buying and selling crypto from your mobile easy and in doing so, “upgrading the world to a better financial system.” While pretty much everyone agrees that 2018’s been one long stint in bear country, this blockchain firm has taken the time to analyze the highs and (mostly) lows […] The post The Highs and Lows of the 2018 Year in Cryptocurrency appeared first on NullTX.

2018-12-21 23:06


This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More

The week 9 to 15 December was another bloody week for cryptocurrencies. The market has been bearish with the top cryptocurrencies bleeding until today when it has sustained the green zone. A number of other interesting stories also unfolded, the best of which we have picked and summarized for you in this weekly summary just […] The post This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More appeared first on ZyCrypto.

2018-12-17 00:41


Seven Top Crypto Exchanges Link Up To Create A Healthy Crypto Ecosystem In South Korea

Seven Major Crypto Exchanges Team Up To Improve The Crypto Ecosystem In South Korea Cryptocurrencies are blossoming in South Korea. The environment for the industry is getting better and better and now seven companies have teamed up to join efforts in order to enhance the crypto ecosystem in the country. The local media has affirmed […]

2018-12-13 02:10


Bloomberg Analyst Says Bitcoin in 2019 Will Have Another Tough Year After Spreading More Crypto FUD

Cryptocurrencies have been in a bear market since the beginning of the current year and analysts and enthusiasts are expecting the next year to be better for the space. Indeed, there are many experts that believe that the next year is going to be very positive for virtual currencies, including Bitcoin. Nevertheless, there are some […]

2018-12-10 22:01


CryptoXchange – The Most User-Friendly Platform on the Market With Global Ambitions

CryptoXchange has just announced that it is ready to provide crypto users with a better way of trading, by putting efficiency and usability at the heart of its product. Right now, while more and more people are looking to diversify their crypto holdings, there is a real need for a platform that allows users to […] The post CryptoXchange – The Most User-Friendly Platform on the Market With Global Ambitions appeared first on CaptainAltcoin.

2018-12-3 20:07


CryptoXchange – The Most User-Friendly Platform on the Market With Global Ambitions

CryptoXchange has just announced that it is ready to provide crypto users with a better way of trading, by putting efficiency and usability at the heart of its product. Right now, while more and more people are looking to diversify their crypto holdings, there is a real need for a platform that allows users to […] The post CryptoXchange – The Most User-Friendly Platform on the Market With Global Ambitions appeared first on Ethereum World News.

2018-12-3 14:23


Kaspersky Warns Of The Crypto Mining Malware Bots Boom Amid Market Uncertainty

Kaspersky Labs has been growing in stature since its inception in 1997. The cybersecurity and anti-virus provider naturally keeps a close eye on market trends to better combat threats. In a recent blog post, they have noticed a trend which suggests that botnets have started being re-purposed for distribution of illicit crypto mining software. The malware […]

2018-11-30 10:43


Фото:

Honoring Satoshi’s Vision: Toward a Better Crypto User Experience

This post about better crypto UX was written by venture capitalist David Gold. He is the CEO of Dapix, Inc, which launched the Foundation for Interwallet Operability (FIO) and FIO Protocol. *** Satoshi Nakamoto’s Bitcoin whitepaper laid out an intoxicating vision for a “purely peer-to-peer version of electronic cash” — free of involvement and interference from third-party […] The post Honoring Satoshi’s Vision: Toward a Better Crypto User Experience appeared first on Bitcoin News.

2018-11-30 00:50