Capital One Files Patent for AI That Would Slice, Dice Social Media to Find Crypto Trading Picks

“It would be impossible for human traders to track” crypto's 24/7 informational onslaught on their own, Capital One said.

AccessTimeIconAug 17, 2020 at 8:27 p.m. UTC
Updated Sep 14, 2021 at 9:44 a.m. UTC

Capital One has moved to patent an artificial intelligence platform capable of turning the internet’s 24/7 cryptocurrency informational overload into actionable trading recommendations. 

  • Capital One’s “credibility analysis engine” would sort through and analyze price speculations from Telegram, Twitter and Reddit crypto influencers; hacking news; regulatory headlines; YouTube videos; protocol blog posts and more, according to the Aug. 13 patent application.
  • This AI-backed engine would then weigh these signals against historical trends and source track-records to generate a “market trend prediction” for the cryptocurrencies, the filing said.
  • The result: a “personalized trading decision” for cryptocurrencies that users could opt to execute on the platform, according to the application.
  • “It would be impossible for human traders to track,” digest, decipher and trade on the entire breadth of cryptocurrencies intelligence alone, Capital One said in the application.
  • Capital One did not immediately respond to CoinDesk questions on what it plans to do with its AI credibility engine or if the platform is already in use. 


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.