santiment

The digital asset markets expanded substantially over the first quarter of 2024, catalyzed by an end to the decade-long effort to introduce spot Bitcoin ETFs in the US. While Q1 was a turning point in many ways, Q2 kicked off on a turbulent note. Bitcoin’s plunge below $65K and the substantial decline in altcoins’ market caps is a concerning retracement as April unfolds. Despite this downturn, the crowd sentiment remains resilient. Crowd Confidence According to Santiment’s latest analysis, the crowd…

The post Santiment Reveals Top RWA Altcoins: Chainlink Takes the Lead appeared first on Coinpedia Fintech News Santiment Unveils Top Real-World Asset Coins: Chainlink Leads, Followed by Synthetix, Oraichain, Maker and More Santiment, a leading financial market data platform, recently shared its insights on cryptocurrency’s top Real-World Asset (RWA). Using GitHub activity to analyze their performance, Santiment has compiled a list of RWAs that rank as per their growing development and active projects.  As per Santiment’s research, the top RWA-related…

As the blockchain industry continues to grow, so does the importance of data analytics. With the help of data analytics, businesses can gain valuable insights into the behavior of their customers.  Furthermore, these processes can help companies better understand their employees and the overall health of their operations.  This review will analyze how Santiment, a popular data analytics crypto app, works. The article will focus on the product's main features, explaining how the project works in simple terms. What Is…

According to analysts from Santiment, there's fear and uncertainty among crypto enthusiasts. They noted that investors are somewhat skeptical about buying BTC in its recent dip status.  Moreover, the analysis showed high FUD levels, and HODLers and Traders hold fearful positions. Contrary to the norm, none of the latter or former is quite active in the buying bitcoin front. Why Not Buy the Dip? Analysts from Santiment mentioned how faint-hearted the 'buy the dip' crowd is during the recent BTC price…

The recent excitement in the crypto market cooled off after BTC faced rejection at $50K on August 26. According to coinmarketcap, the price of bitcoin slid to as low as $46,457 on Thursday. However, bulls finally regrouped to halt any further losses.  Will Clemente, the Lead Insights Analyst at blockwareteam, predicted that a rejection at $50K was coming. According to his analysis, Clement forecasts that some profit-taking would happen at that level. The young analyst explains that the whales caused…

Ethereum (ETH) price has shown signs of rebounding in the past few hours after a testing 24 hours. According to several analysts, the leading altcoin fell by more than 30% yesterday, but critical indicators remain positive. Ethereum (ETH) Price drops sharply The cryptocurrency market suffered a major correction yesterday, wiping close to $200 billion from the total market cap. The leading coin, Bitcoin, lost nearly $10,000 from its price, which caused a ripple effect in the market. Ethereum (ETH) was…