Citadel

AI Trader

Woo X, a popular cryptocurrency exchange, has introduced a new AI-powered tool called “George AI” to its copy trading platform, allowing users to follow and replicate the trading strategies of a machine learning model.&nbsp; 
This new addition makes it easier for traders to tap into AI-driven insights, emulating a powerful crypto sentiment engine that analyzes market trends. 
The AI comes from Woo X’s partnership with Kaito, a company founded by former Citadel professionals. Kaito has developed an advanced machine learning system that scans social media platforms like X and Discord for crypto sentiment, helping traders understand market movements.&nbsp; 
Unlike traditional stock markets, where sentiment analysis has been used for years, crypto platforms like Crypto personalities on Twitter are far noisier, making it difficult to analyze signals accurately. However, Yu Hu, CEO of Kaito, believes their solution—leveraging AI to decode each tweet’s sentiment, can bring more clarity to this chaotic data and help democratize AI for everyday traders. 
As part of the new feature, Woo X will hold weekly competitions where human traders face off against George AI. The platform will allow users to bet on who they think will perform better in these head-to-head showdowns.&nbsp; 
The promotion plays on iconic human-versus-machine battles, like Garry Kasparov’s legendary chess match against Deep Blue, <a href="https://www.globenewswire.com/news-release/2024/11/20/2984147/0/en/WOO-X-and-Kaito-Unveil-George-AI-An-AI-Powered-Lead-Trader-Launching-the-Bold-You-ll-All-Be-Obsolete-Campaign.html" target="_blank" rel="noreferrer noopener nofollow">asking</a>: “Are human traders becoming obsolete?” 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/11/18/new-nvidias-ai-chips-are-facing-heating-issues-reports/" target="_blank" rel="noreferrer noopener">Nvidia’s New AI chips are facing heating issues: Reports</a> 
</blockquote>

Say Hello to George, Your AI Trader for Crypto

The Crypto Times

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