CryptoForecast is launching a new webapp

New webapp is to be released on May 30 that will feature the aggregation of 13 different forecasting algorithms
21 May 2018   870

In order to diversify trader's analysis tools CryptoForecast is rolling out a new web application on May 30. This release will feature Cryptolearning - the aggregation of 13 different forecasting algorithms. Another seasonality model will be introduced along with the algorithms - Autoregressive Integrated Moving Average (AIMA).

The algorithms will be used for chart generation and allows customization such as:

  • Benchmark

past time period used by an algorithm for an experimental forecasting;

  • History and Forecast

length of historical database selection

  • Timeframe and pairs

BTC/USD, ETH/BTC, ETH/USD, LTC/BTC, LTC/USD, XMR/BTC, XMR/USD, XRP/BTC, XRP/USD, DASH/USD, DASH/BTC

Cryptolearning will be fully manual at launch. And some detailed guidelines about each of the aggregated algorithms and how to better use all the tools (Pillar, Technical Analysis) will be published.

At the moment of publication, the market characteristics of CryptoForecast are as follows:

Average price 0.006176 USD
Market cap 284,091 USD

Neo Foundation to Withdraw $11M From Cold Wallet

These funds will be used to finance its operations in currrent reporting year and $190M are stiill in the vault
26 March 2020   936

On March 25, the Neo Foundation announced the withdrawal of 1,660,865 NEO ($ 11 million) from the cold wallet to finance its activities in the current reporting year. About $ 190 million are still in reserves.

According to rules established in the Neo White Paper, the NEO tokens maintained by the Neo Foundation are mainly used to continuously support Neo's technological development, ecosystem growth, community expansion and the normal operations of the foundation and related organizations. 

 

Neo Foundation

According to the publication, 1,660,865 NEOs were transferred “from a blocked account to a current account”. As the information on the blockchain shows, these funds were directed to an address containing 14.6 million NEO or about $ 100 million. The project does not disclose who controls this address and what fate awaits the released tokens.

White paper Neo suggests that project costs in any given year should not exceed 15 million tokens. In the near future, a financial report for 2019 will be published.

At the time of publication, NEO is the 23rd largest asset on the market with a capitalization of $ 479 million. The price of one NEO is $ 6.79.