May 9
😒 The sentiment toward #crypto's top cap assets is still rather negative. This has been the case since the April 19th $BTC #halving didn't immediately result in rising market caps throughout #cryptocurrency. With uncertainty high, small wallets dropping out of the sector may be the ingredient needed for #Bitcoin and many #altcoins to enjoy steady recoveries leading up to the summer.
Enjoy our link to track the weekly sentiment of $BTC, $ETH, $BNB, $XRP, $ADA, $SOL, and $DOGE.
Get yourself a free week trial to Sanbase PRO to see what others in #crypto can't here!
May 8
📺 We have just dropped the first part in a series of walkthroughs on Sanbase! Along with one of Santiment's newer users and great content creators, Denome, join us as we talk about using the data screener and social dashboard to trade smarter!
May 7
According to the Relative Strength Index, the majority of top market cap #cryptocurrencies are in slight buy zones. This popular momentum oscillator, which is commonly used in technical analysis, suggests #Cardano as a potential buy low candidate.
May 6
#Ethereum rebounded back above $3,200 this weekend, and saw massive network growth. 196.71K new addresses were created on the $ETH network on May 4, 2024, the largest single day of growth since October 8, 2022. This should be viewed as a #bullish sign.
May 4
📺 We look at the #crypto market landscape alongside our friend, Trade Devils, to see what is next for your portfolio's immediate future. Enjoy our comprehensive look at several different sectors in our latest video!
May 3
Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study):
#Toncoin $TON 16.8K wallets (+110% growth)
#Dogecoin $DOGE 6.6M wallets (+27% growth)
#Tether $USDT 5.7M wallets (+23% growth)
#USDCoin $USDC 2.1M wallets (+16% growth)
#Ethereum $ETH 120.7M wallets (+11% growth)
#Bitcoin $BTC 53.9M wallets (+10% growth)
#XRPLedger $XRP 5.2M wallets (+7% growth)
#Chainlink $LINK 727K wallets (+6% growth)
#Cardano $ADA 4.5M wallets (+0% growth)
Track how each network continues to grow any time with this link.
Grab a free Sanbase PRO trial to see these metrics, and hundreds of others, in real time here!
May 2
Our latest #crypto market video, with our friends at NuggetsNews, discusses the volatility resulting from yesterday's #FOMC decision. We also look at whale activity and how the crowd will impact the prices of #Bitcoin, #Ethereum, and #Solana.
May 1
#Ethereum saw a milestone as April came to an end. 266.6K new wallets were created on April 28th and 29th, the highest 2-day stretch of network growth since October 8th and 9th, 2022. It is a strong that $ETH continues expanding despite dipping prices.
📺 After #Bitcoin's -6.0% drop in the past 24 hours, we're starting to see an appealing level of #FUD that could be indicating a relief rally is around the corner. Joined by our friend, @hashoshi4, enjoy our video market update here as we turn the page to May!