Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Scoop Today USA journalist was involved in the writing and production of this article.
HB Research announced its first crypto-related investment of 1 million in yPredict
New York, NY, United States, 25th Jan 2023 – Heisenberg Research is a trading lab that is known for making short-term investments in penny stocks with relatively higher risk and reward. Their investments have turned out well, as per their SEC filings. It has just announced its first crypto-related investment of $1 million in yPredict.ai, a platform that wants to give cryptocurrency investors AI-powered analytical tools.
Using AI-based data solutions and quantitative analysis, Heisenberg Research’s lab claims to have produced market-beating returns. The New York City-based lab has a team of data scientists, financial analysts, programmers, and traders who work on several projects that will soon be available to the general public. It is not yet known whether their investment in yPredict.ai native tokens was priced at the private sale round or through their treasury allocations. Since yPredict.ai recently announced a presale for their official tokens with a limited supply of 100 million tokens and a market cap of just 4.5 million USD.
Renuka Manandhar, analyst at Heisenberg Research, states, “Our investment in yPredict.ai is expected to be among the best bets we have ever made in low-cap stocks and virtual currencies.”
yPredict’s website describes itself as “enabling everyday traders to shortlist and trade coins like a quant,” and offers “trading and investment research tools that utilize state-of-the-art data analytics.” Their ecosystem, intended for both crypto developers and traders, will offer an open financial data repository, a marketplace for AI developers and data analysts, predictions and analysis SaaS for financial markets, and a trading terminal that integrates the platform’s AI-tools.
A private sale of their native token and the start of their token presale round are two recent events. Raj Sharma, a quant and analyst in Delhi, is in charge of yPredict along with a group of blockchain developers, programmers, and AI and machine-learning experts. According to the company’s roadmap, 2023 will be a big year with several important milestones, such as the release of a beta app, major features, and the full mobile app.
Even though the market is down right now and Heisenberg Research used to focus on the traditional stock market, they think now is the best time to invest in crypto-related projects like yPredict. They like that the platform’s goal is to offer a free, well-organized, high-quality dataset repository, which is missing in the industry right now. Heisenberg’s $1 million investment is similar to traditional short-term investments that the research lab has made in the past, which were based on their own data and research.
Organization: Heisenberg Research inc
Contact Person: Renuka Manandhar
Email: [email protected]
City: New York
Country: United States
Release Id: 2501232284
The post HB Research announced its first crypto-related investment of 1 million in yPredict appeared first on King Newswire.