May 7
🇺🇸 BREAKING: The US Fed and Jerome Powell have confirmed that interest rates will be remaining the same, matching the crowd's expected outcome. Crypto markets have been mildly declining on this news, and Donald Trump's wish for lowered rates have been denied for now.
🗣️ According to social data across X, Reddit, Telegram, 4Chan, BitcoinTalk, & Farcaster, tariffs and Trump discussions have fallen considerably. In the meantime, there has been sizable uptick in AI Agents & altseason, as well as small rises in ETF and Real World Assets.
🧑💻 Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:
➡️ 1) Solana $SOL 🥇
➡️ 2) Pyth $PYTH 🥈
📈 3) Helium $IOT 🥉
📈 4) Helium Mobile $MOBILE
📉 5) Wormhole $W
➡️ 6) Drift $DRIFT
📉 7) Neon $NEON
📈 8) Jito $JTO
📉 9) Swarms $SWARMS
📈 10) Orca $ORCA
Read about Santiment's methodology for covering development activity for each project, objectively, using enhanced github event data.
💸 As traders brace for the upcoming FOMC decision, a major positive that crypto won't see a serious drop is the fact that Bitcoin ETF inflow money has been sky-high since mid-April. Since April 16th, there has been $5.13B moved into collective BTC ETF's, pumping markets.
May 6
🐳 As May progresses, Bitcoin's key stakeholders are mostly moving in the right direction if you're rooting for $100K $BTC in the near future.
Wallets with the highest correlation with crypto's overall market health (10-10K BTC wallets) have accumulated a combined 81,338 more BTC (+0.61% of their holdings) during these past 6 weeks of volatility.
Meanwhile, small wallets that tend to have an inverse, lagging correlation to price (<0.1 BTC wallets) have dumped 290 BTC (-0.60% of their holdings) in the past 6 weeks.
When large wallets gradually accumulate in tandem with retail panic selling/selling out of boredom, it is generally a strong long-term sign of prices biding their time before another breakout. 👍
May 2
May 1
📺 April ended with major gains across crypto, and traders have swung their outlooks bullish. In our freshly published This Week in Crypto market update, we look at the meme coin craze, how whales are responding, and plenty more top indicators.