The founder of Cryptodatum.io — a cryptocurrency data API for machine learning — has conducted a study that ostensibly indicates that the readability of a cryptocurrency’s ticker symbol positively correlates with higher returns. The results of the study were published by data science site Towards Data Science on May 29.
Cryptodatum.io founder Gerard Martinez notes that the study’s hypothesis is based on the principle of “cognitive ease,” a phenomenon defined by the Israeli-American psychologist and economist Daniel Kahneman in his book, “Thinking Fast and Slow.”
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