Ethereum FUD Spikes On Social Media After 13% Price Drop: Bottom Signal?

Data shows social media discussions related to Ethereum have spiked recently, something that may be positive for the struggling ETH price. Ethereum Social Dominance Has Shot Up Over The Past Day According to data from the analytics firm Santiment, the Ethereum Social Dominance has just seen a significant increase. The “Social Dominance” here refers to […]

OK Polkadot (DOT) – which is seen to be on a winning streak in terms of social media metrics and development activity  – has been on a retreat recently. DOT social media metrics nosedives  Polkadot’s decline in developer activity could leave a bad taste in the mouth of investors DOT’s NFT volume off to as high as 1.64 million on September 24  Is this sudden drop in both metrics just a temporary hiccup or could be a warning signal to investors? Judging by the chart below, DOT price was seen to have nosedived in terms of development activity in the past few days. It’s surprising....

Bitcoin price entered an unimpressive decline today after days of setting up the move. It may be a slow start or we may be seeing price bottom out near 1500 CNY and $240. At the time of writing price is resolving a correction near 1510 CNY and $244 from where it should make the next drop to a supporting trendline below. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 13h51 UTC. BTC-China 1-Hour Chart. From the analysis pages of....

Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social Media Has Turned Quite Bearish According to data from the analytics firm Santiment, social media is showing historic levels of FUD amid the market drawdown. The indicator of interest here is the “Social Volume,” which basically tells us about the degree of discussion around a given topic or term that users on the major social media platforms are currently participating in. This metric works by going....

NFT mania is reaching Asia as one of the region's most popular social media influencers is set to tokenize a series of videos. Baker, who has around 24 million followers across multiple Chinese social media platforms, will auction eight unique NFTs as part of the collaboration. One of the NFTs, called The Bart Baker Experience, will allow the winner of the auction to make a video with Baker that will be circulated on social media and minted into an NFT. The other seven auctions will be of Baker’s most popular videos minted in NFT format. Commenting on his collaboration with DeFine Art and....