Stocktwits Crypto Data Dive Week 9 Stocktwits

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Well, StockTwits is the investor version, only it uses ‘cashtags’ instead of hashtags. More than 300,000 investors, market experts and public companies are already sharing information and ideas about the market, and getting up-to-date information on the stocks they follow. 84% of retail investor accounts lose money when trading CFDs with this provider. The NFT Index is made up of cryptocurrencies that offer non-fungible tokens.

How a Former Biostatistician Became a Pro Trader

Keep in mind that these price predictions are generated using the state of technical indicators as of the time of writing, and could considerably change in the future. Stocktwits boasts 6 million registered users and sees 5 million active users monthly. The new crypto trading option would allow users to trade directly from their profiles and allow them to showcase their portfolios as well.

CFDs are complex instruments and come with a high risk of losing money rapidly due BNB to leverage.

Stocktwits, Medellín, Antioquia, Colombia

For FTX, the engaged user base and social media following of Stocktwits would provide new reach and marketing opportunities. Bankman-Fried has already signed a rash of deals to raise FTX’s profile, including sponsorships with Major League Baseball, the NBA’s Miami Heat, esports outfit TSM, and No. 1 NFL Draft pick Trevor Lawrence . Cryptocurrency exchange FTX has signed a series of splashy sports and entertainment deals this year. Now, according to multiple sources, FTX and its exuberant founder Sam Bankman-Fried are making a foray into media by taking a stake in Stocktwits, a popular social investing site. Research provides retail traders more of an advantage against big money, and Khanna is seeing users on StockTwits spending more time doing due diligence. Although the GameStop battle looks to have ended, the war rages on, with retail traders routinely squeezing institutional short sellers in other stocks.

With that in mind, let’s briefly review StockTwits so you can decide for yourself if it is worth your time or if other sources of financial information will better suit your needs. Our price prediction algorithm projects the price of Bone ShibaSwap to gain 15% in the next month and to trade at $2.24 in late March. In fact, the BONE token could surge even higher over the coming weeks, reaching a price point of $3.50 before retracing to the $2 range. However, you have to keep in mind that Shiba Inu has to compete with much larger cryptocurrencies like Bitcoin and Ethereum, and the investors’ interest in those two over the past couple of weeks could lead to SHIB’s poor results.

This points to the fact that the sentiment score is not strictly aligned with the price movement of the underlying asset. Interestingly, the Shiba Inu price has been showing quite robust performance in the same time period, gaining close to +10% in the past month, and over +46% in the past three months. The btc stock twits Shiba Inu sentiment score, a measure of the sentiment present in StockTwits conversations, has been treading on the “Slightly Bearish” side in the past couple of weeks. Crypto exchange FTX has secured a deal in which it will sponsor and rename a popular e-sports team, according to the New York Times.

Meanwhile, the price of Shiba Inu remained largely unchanged and dropped by roughly -3% in the last 24 hours. Buzz Level is essentially an indication of an asset’s popularity in comparison to other assets in the same asset class. In the case of Shiba Inu, the Buz Level metric tells us how much SHIB is mentioned compared to other cryptocurrencies on StockTwits. Partnership in crypto, signing a five-year deal with Major League Baseball. Meme stock” phenomenon of early 2021 brought even more users to the site, many of whom had never used it before. FTX is reportedly in talks with Stocktwits over a $20 million investment deal.

Privacy coins/tokens are cryptocurrencies that either focus on creating complete anonymity with transactions or offer anonymity as an option when performing transactions. The Smart Contracts Index includes cryptocurrencies whose blockchains allow for smart contracts. Ethereum and Cardano would be examples of cryptocurrencies that fall into this index. All eleven indices are listed according to their weekly performance . Now, StockTwits users will have the opportunity to buy and sell cryptocurrencies directly from the app’s interface, offering an all-in-one experience for digital asset lovers. In terms of sectors, Khanna saw retail interest in special purpose acquisition companies wane, but believes big brand names are here to stay.

The A.I. Index comprises cryptocurrencies dedicated to making the Battlestar Galactica, 2001 Space Odyssey, I Robot, and the Terminator universes very real. And Web3 indices are off in la-la-land and face the most risk of a mean reversion lower – or at least a slowdown in momentum. You pulled a Michael Scott and ate five pounds of fettuccine alfredo an hour before your race. No anthems will be sung, but tears will fall, and no one will remember your ETH name. Anthems will be sung, tears will fall, and you may or may not pass a doping test.

However, StockTwits has recently launched a unique alternative data set derived from the messages seen over its network pertaining to various crypto currencies. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than btc stock twits you originally put in. Some professional traders also post charts and videos offering free technical analysis, which you might find useful. Like Twitter, you can post messages of up to 140 characters on anything from basic investing tips to links to reports and analysis on specific companies.

Day Trading is a high risk activity and can result in the loss of your entire investment. We construct this index by limiting the assets in this space to a minimum market cap of $20 million. We construct this index by limiting the assets in this space to a minimum market cap of $10 million.

• The issue with evaluating StockTwits as an information resource for traders comes down to the perceived value of the financial news and ideas that are shared on the platform.
• No anthems will be sung, but tears will fall, and no one will remember your name.
• We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
• At a minimum, these studies indicate at least 50% of aspiring day traders will not be profitable.
• You can follow your favourite people and companies, create watchlists and get alerts on the firms you follow.

When you choose to enable the cross-platform functionality, you can seamlessly move back and forth between trading securities on Robinhood and discussing them on StockTwits. This provides traders with a means of trading on Robinhood while also accessing the latest information that StockTwits has to offer. Shiba Inu StockTwits users have had a lukewarm response to the latest news about Shibarium, with the sentiment barely changing following the beta launch announcement earlier today. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment.

We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate.

Each contains the top ten by market cap (excluding stablecoins and some exchange-based tokens). In late 2021, StockTwits raised over $30 million in a funding round led by Sam Bankman Fried’s VC fund, Alameda Research Ventures. At the time, Ramnik Arora, Head of Product at FTX, noted that they hoped to collaborate on offering services that would make cryptocurrencies more accessible to traditional https://www.beaxy.com/ investors while expanding StockTwits’ reach and its number of users. StockTwits is a messaging platform designed for traders to share tips and ideas on specific securities or general stock market news. The big question is whether StockTwits can lure a growing number of crypto investors to its platform and whether these investors will choose to continue posting relevant messages via their network.

Crypto exchange FTX will likely gain the naming rights to the Miami Heat’s sports arena, according to the Miami Herald. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers.