Upbit Expands AI-Powered Market Information Services, Analyzing Reasons Behind Price Changes

[Financial News] Upbit is expanding its market information services powered by artificial intelligence (AI).
According to the crypto industry on the 2nd, Upbit operator Dunamu newly introduced the "AI Market Report" and "UpTrace" to Upbit Data Lab, while revamping its existing "AI News Briefing."
The "AI Market Report" analyzes market data and news from Upbit Data Lab to provide major market updates in videos of up to 90 seconds. AI selects key issues by analyzing the Upbit Composite Index, prices of major assets, rising and falling assets, and market sentiment indicators. The report is available at 10 a.m. on weekdays through Upbit Data Lab and the company's official YouTube channel.
"UpTrace" analyzes price data and related news for individual crypto assets to identify the key factors that influenced price movements.
The existing "AI News Briefing" has been reorganized into "Real-Time Issues" and "Topic NOW." "Real-Time Issues" classifies crypto-related news by issue and presents it according to importance. "Topic NOW" brings related issues scattered across multiple news reports together under a single topic and summarizes the key content and major developments.
Damon Kim, chief data officer (CDO) at Dunamu, said, "Because the crypto-asset market operates around the clock, users may find it difficult to personally check and interpret the vast amount of data and news. We will continue to enhance these services so that users can understand complex market information more easily and quickly with the help of AI."
Meanwhile, Upbit Data Lab launched the data-driven content magazine "Intelligence" last June. In August, it unveiled the "Crypto Asset Screener," which allows users to filter crypto assets based on 29 criteria, including price and trading volume.


[email protected] Lim Sang-hyeok Reporter