Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the […]
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Market intelligence firm Santiment reports that deep-pocketed crypto investors are accumulating Ethereum (ETH) and that a bounce for digital asset markets could be near. In a new post on the social media platform X, Santiment says that the activity level of ETH whales has spiked to a six-week high, an encouraging sign that the top […]
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The decentralized oracle network Chainlink (LINK) is once again the top-ranked ERC-20 project in terms of recent development activity, according to the crypto analytics platform Santiment. Santiment notes on the social media platform X that Chainlink registered 649.03 notable GitHub events in the past 30 days, nearly double the number of the second-ranked project, Ethereum […]
The post Chainlink (LINK) Extends Run As Top ERC-20 Project in Terms of Development Activity: Santiment appeared first on The Daily Hodl.
New data from market intelligence firm Santiment hints at a potential correction for popular dog-themed memecoins Dogecoin (DOGE) and Shiba Inu (SHIB). In a new thread on the social media platform X, the crypto analytics platform says that the pair of memecoins have the highest discussion rates they’ve had in five months, signaling that investors […]
The post Top Memecoins Dogecoin and Shiba Inu Flashing Bearish Signal As Crowd Hype Surges to Five-Month Highs: Santiment appeared first on The Daily Hodl.
A crypto trader argued that it is easy for crypto market participants to be "convinced sentiment is one way or the other," while claiming that the sentiment is not "that bullish currently."
Bitcoin’s (BTC) price nearing $70,000 has sparked a shift in market sentiment, with a surge in bullish posts among traders. However, one trader warns that the market isn’t quite there yet and still has a way to go before it can truly be called bullish.
“I don’t think the sentiment is that bullish currently,” independent crypto analyst Matthew Hyland opined in an Oct. 18 X post.
He suggested that those in the crypto industry can have a volatile mindset toward sentiment, however, a shift in market sentiment also requires an increase in retail investor interest.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days. Flow (FLOW), a layer-1 […]
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Crypto analytics platform Santiment is naming 20 digital assets that may soon rally based upon one key metric. In a new thread on the social media platform X, the firm says 20 digital assets are standing out for the amount of negative public sentiment they are receiving on social media platforms, including decentralized oracle network […]
The post Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm appeared first on The Daily Hodl.
Analytics firm Santiment thinks Bitcoin (BTC) looks ripe for a dip as traders begin to feel exuberance over the crypto king’s latest surge. The firm notes crowd sentiment has reached greedy levels after BTC’s price gains this week. “This typically coincides with upcoming local tops. They may happen today, this weekend, or in the upcoming […]
The post Bitcoin (BTC) Looks Primed for a Correction, According to Crypto Analytics Firm Santiment – Here’s Why appeared first on The Daily Hodl.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing. Santiment tells its 188,000 followers on the social media platform X that lending platform Aave, metaverse project Decentraland (MANA) and indexing protocol The Graph (GRT) seeing large short ratios on Binance, the largest […]
The post Crypto Analytics Firm Santiment Says Aave, Decentraland and The Graph Are ‘Altcoins To Watch’ – Here’s Why appeared first on The Daily Hodl.
Blockchain analytics firm Santiment says a decline in Bitcoin whale activity is not necessarily a bearish sign.
Bitcoin whales have dialed back their activity since the cryptocurrency hit a new high in March and are now biding their time for the next major buying or selling opportunity, recent data suggests.
“Cryptocurrency’s whale transactions have seen a noticeable drop-off since mid-August,” blockchain analytics platform Santiment wrote in a Sept. 11 X post.
Santiment noted that Bitcoin (BTC) weekly transactions of $100,000 or more had dropped 33.6% since March 13 — the day of Bitcoin’s $73,679 all-time high.
