The WatermelonBlock application team has been pushing to make improvements to the charts based on feedback from the community, we have been preparing the application to support new data sources from the AI models. In addition to this, the WatermelonBlock experience is now fully tablet compatible, so you can get the latest data from the crypto world whether your on the train or lying on the couch with your iPad. The WatermelonBlock and IBM AI development team are making excellent progress on incorporating the two additional data feeds mentioned in the previous post.

Since our last update, the team has successfully integrated collated news feed data source and trained a dedicated sentiment AI model for this feed. Next, to that, we have also integrated thousands of new Telegram channels to the AI model for a more accurate sentiment calculation. This brings a more trusted source for the sentiment analysis. The team is currently working on the integration of the fourth and final data source.

BitInsight

We are excited to be nearing the release of the full public version of the redesigned insights application for iOS, and we are always looking at the community’s feedback for new product or feature ideas. The feedback that we received alongside the current and anticipated market trends, has led us to start the development of the most comprehensive analytics platform designed specifically for Bitcoin. As the Bitcoin dominance is returning to levels of April 2017, and many analysts are of the opinion that the BTC dominance will run up to 70% in the near future.** Pairing this with tremendous interest in the new BTC derivative trading options, we have the feeling that it will be a necessary product to add to the suite.

We have decided that this product, BitInsight will be a web app to expedite the release time and gauge the community interest. We expect to launch BitInsight in Q4 of this year.

Have a look at the draft design of BitInsight, which features includes;

real-time sentiment scoring: using WatermelonBlocks proprietary sentiment scoring algorithms get the most up to date analytics. These scores are the product of our newly designed platformed harnessing IBM power Ai and more specifically the enterprise-grade power9 servers. Power Systems gives you the speed to power mission-critical insights faster. The premier platform for accelerated computing, the POWER9 processor provides a memory bandwidth superhighway. Revolutionary accelerator architecture makes POWER9 the smart technology for the aggregation of sentiment across Twitter, Reddit, thousands of Telegram channels and traditional news media.

daily Bitcoin trading volumes by exchange, focusing on arbitrage opportunities: being able to switch between different exchanges real-time.

overview of trending technical analysis on social media: An overview with the top trending posts of the day, based on views, likes & comments.

overview of BTC related news and articles: most viewed or upvoted news articles on cryptocurrency-related news platforms like Cointelegraph, Coindesk, Forbes, etc.

trading signals and advice from leading industry professionals: trading signals from top-rated trading analysts and groups gathered from different social media platforms.

report on BTC futures contracts, trading in comparison to spot exchanges: Including news relating to recently approved trading platforms from all around the globe

The draft design of the BitInsight Web app.

We hope that you are as excited as we are for the BitInsight web app. Let us know what you think and if there are any specific features you would like to see in the BitInsight, or send us a message on Telegram if you have any questions regarding the web app.