Apr 28
Apr 27
📊 The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop.
Apr 26
😨 #Bitcoin's price dropping as low as $63.4K today has #crypto traders spooked, as #buy calls across social media are low and #sell calls are peeking in at an increased rate. When this level of #FUD begins to sneak in, market recovery probabilities increase.
Check out this Santiment page on our Social Trends dashboard, which gives you the real-time rates of buy vs. sell calls to see when the crowd leans 'extreme' in one direction. Being a contrarian generally leads to great results!
Apr 25
Apr 24
#BitcoinETF volume is alive and well, recently reaching its highest daily collective volume in 4 weeks ($3.62B), when measuring activity from $GBTC, $IBIT, $FBTC, $ARKB, $BTCO, and $HODL. With markets moving sideways unpredictably over these past 5 weeks, consider the health of these #ETF's as a #bullish bode of confidence for the entire #cryptocurrency sector.
#Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of #FOMO.
Check out the link to this above chart, and monitor how these two leading indicators develop as we head into our final days of April. The post-halving era continues to be uncertain, but could be very rewarding if whales continue accumulating and this level of crowd bullishness calms down shortly.
Apr 23
🤖📈 The top 100 #AI and #BigData projects have collectively grown their market caps by +22% in the past week. The sector continues to boom with front-runners like Open Fabric (+78%), Aleph.IM (+64%), and Akash (+49%) seeing major growth.
It is always advisable to do your own research before investing in such projects. But with the sector seeing advancements that are being backed by speculative support from traders that wish to get exposure to #ArtificialIntelligence in its still very short lifespan, there is merit to looking through #cryptocurrency project options that particularly fall under this category.
Explore the watchlist to the top projects in this rapidly rising sector here!