Crypto Analysis Website BraveNewCoin Acquires Cryptocurrency Newsfeedbr>
Founded in 2014, BNC is a data and research firm focused on the blockchain and crypto industry. It offers tools and resources such as sector news, data, technical analysis and research. Its mission is to deliver the most accurate, accessible, and comprehensive blockchain data solutions, in ways that anticipate and respond to the needs of an evolving market.
Cryptocurrency Newsfeed is an independent cryptocurrency news service for investors. They generate income solely from newsfeed subscriptions and claims to have no industry affiliations or conflicts of interest.
The acquisition will allow BNC to integrate CCNF’s up-to-minute cryptocurrency news and analysis, and provide investors with quick, actionable insights, real-time alerts, and customizable industry announcements. BNC’s expanded platform offering is set to launch in August, and promises to deliver a greater range of utility and content options for users from day one.
“Globally, the market is demanding a credible, independent news aggregation service that mirrors the standard of traditional financial markets,” said BraveNewCoin Founder and CEO Fran Strajnar. “As large, traditional players continue to express interest in blockchain integration and cryptocurrency exploration, being the first out of the gate for breaking market movements and analysis is crucial. CCNF is a balanced engine of human and AI interaction, which will provide credible, well-curated sentiment analysis to BNC’s suite of services for investment firms, hedge funds, family offices, and retail investors alike.”
In February of this year, BNC launched a classification tool for investors, regulators, asset managers and developers to better inform their crypto decision making. Called Taxonomy For Cryptographic Assets, the tool streamlines the process for evaluating cryptocurrency assets by providing a platform where users can access a collated pool of data for individual assets. With the CCNF integration, the tool will now be informed and complemented by the intersection of the CCNF feed and the BNC classification tool.
“With cryptocurrencies maturing as an asset class, the BNC integration comes at a critical time for the sector,” said Aaron Wise, CEO of Cryptocurrency Newsfeed. “The cryptocurrency industry needs a comprehensive news source – one that removes promotional and bias material – on the thousands of coins in existence. Our trained analysts are providing curated coverage of newsworthy developments affecting the industry, and this partnership will enable us to expand our service across even more coins.”