In this article, we explore how CCData’s industry-leading, institutional-level, comprehensive cryptocurrency dataset serves as a game-changer for AI companies in the evolving cryptocurrency landscape.
On March 30, 2023, London-based CryptoCompare, a leading provider of real-time digital asset data, market insights and indices, announced the launch of its new brand, CCData.
Founded in 2014, CryptoCompare is a trusted source of market data for the digital asset industry. CryptoCompare will continue to serve the retail sector, although the company aims to strengthen its offering under his CCData brand as institutional demand increases.
According to the company’s press release, CCData will be dedicated to providing institutional-level data solutions, indices, market insights and CCDAS, the leading London event.
CCData’s proprietary technology provides the most comprehensive and accurate real-time digital asset data, making it the preferred choice for financial institutions, regulators, hedge funds, and other market participants. Under the new brand, CCData will maintain its dedication to world-class data solutions, market insight and customer service.
CCData is licensed by the FCA as a benchmark administrator and is dedicated to providing financial institutions with accurate, real-time digital asset data. The company’s data streams come from over 300 exchanges, with extensive coverage of over 300,000 currency pairs. CCData’s unique combination of proprietary technology, deep knowledge of digital assets, and a vast network of data sources enables the company to provide the industry’s most comprehensive and reliable real-time digital asset data.
Digital currencies have emerged as a key component of the global economy. As the market evolves, AI companies need access to diverse and comprehensive data sets to remain competitive. CCData, a pioneer in providing data for the digital currency industry, provides rich data for AI companies to make data-driven decisions and enhance business strategy.
In a blog post published on April 24, 2023, CCData co-founder and CTO Vlad Cealicu discusses spot/reference rates, derivatives, options trading datasets, open interest, funding rates, and dating back to 2011. OHLC portion. The post also introduces CCData’s new on-chain dataset, which includes comprehensive block data for Ethereum (and all tokens built on top of it), Bitcoin, and the top 30 blockchains.
CCData’s comprehensive datasets provide complete coverage of the digital currency market, including spot/reference rates, derivatives/options trading datasets, open interest, funding rates, and OHLC fractions. AI firms can use these data points to build predictive models, assess risk, and fine-tune trading strategies.
Their new on-chain dataset will allow AI companies to examine on-chain metrics, identify potential risks, and improve smart contract analysis. In addition, CCData’s latest news aggregation keeps AI companies informed about the latest market developments, regulatory changes, and emerging trends.
By integrating vast amounts of asset data with real-time news updates, AI companies can efficiently navigate complex digital currency markets and make informed decisions to improve their customers and the broader ecosystem. can be done.
