What Real Deep Learning Applied to Social Media Tells Us About the Crypto Market

Social and news media plays a relevant role in the dissemination of information related to crypto-assets. In a nascent financial market without established disclosure mechanisms, a lot of the relevant events about crypto-assets are distributed first in news and social media channel and, not surprisingly, the market remains incredibly susceptible to those channels. The result is an ecosystem in which social and news media becomes a first-class source of intelligence about the behavior of crypto-assets. Unfortunately, most of the techniques used to analyze social and news media fees for crypto-assets remain incredibly simplistic producing ineffective and often misleading results. In the last few months, our team at IntoTheBlock started different research efforts focused on producing a more sophisticated analysis of social and news media for crypto-assets.