Case Study: Using Machine Learning for Portfolio Management

In a recent blog post, Nomics announced the release of its 7-day crypto price predictions. Their predictions use a long short-term memory (LSTM) machine learning model. Although the 7-day predictions are still in beta, we were excited to see the development of new strategies for price analysis.

This excitement got us thinking about how this strategy would perform over the course of a few months. What would happen if we benchmark the performance against other strategies like market-cap indexes, holding Bitcoin, and score-based allocations.

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Crypto News: What you missed in January 2020

It’s a new year and a new opportunity for the crypto market to mature. 2020 was kicked off with a bang. The market showed signs of recovery as the market cap rose almost 33% over the course of the month.

The slow recovery is a promising signal for the year to come. It’s clear the optimism is runnning deep in the community. The expectation seems to be that this is the year of cryptocurrency.

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Threshold Rebalancing - The Evolution of Cryptocurrency Portfolio Management

In the Shrimpy Application, threshold rebalancing is a strategy which can be implemented by users to control for risk. Automating your portfolio has never been easier. In seconds, implement a dynamic cryptocurrency index fund which tracks the market or allocate a portfolio of your own design. Manage a diverse portfolio across numerous exchanges by linking each of your exchanges to the Shrimpy application.

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Crypto Tax Reporting Tips for High Volume and Algorithmic Crypto Traders

The U.S. tax filing deadline, April 15th, is right around the corner. For most people, getting their taxes filed for the year is a painful process. This is especially true for those investing in cryptocurrencies, as reporting gains and losses in US dollar terms is required for every trade. In this guide, we’ll discuss different tax reporting tips that those leveraging crypto trading bots and automated strategies can use to make their crypto tax reporting easier.

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The API for Crypto Trading Bots

Many trading services struggle to scale past even a single exchange integration. Each new exchange integration past the largest exchanges produces lower and lower returns, making it impractical to build a service for more than the top few exchanges.

The following sections will discuss how developers can integrate every major exchange without ever worrying about maintaining and scaling the complex infrastructure that is required for exchanges.

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Every Crypto Miner Needs These Trading Bots

In many cases, miners may not want the assets they mine. Instead, miners may wish to cash out on their rewards and take cash (or other cryptocurrencies) instead. To convert funds from the mined asset to another, miners typically execute trades on an exchange to make it happen. This is a time-consuming and continuous process that deserves a better alternative.

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The Top Crypto Exchanges Ranked By Experts

The 2017 bull run inspired thousands of people all around the world to bring countless exchanges into the cryptocurrency market. The allure of this lucrative business not only brought about new industry titans, but also some of the largest scams in the history of cryptocurrency. When thousands of players suddenly entered the market, it became complicated to keep track of the origin stories of each exchange.

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How to Calculate Your Cryptocurrency Portfolio Performance

Due to the complexity of factoring deposits, withdrawals, and other situations into the performance calculation, we’ve put together a full outline of how to precisely evaluate your portfolio returns.

The time-weighted rate of return uses a more complex formula for calculating the performance of a portfolio over a time period. By factoring in deposits and withdrawals, we can accurately calculate the rate of return over a specific period of time.

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