City Santiment Financial News

31.03 / 04:05

Blockchain UPS Ethereum ETH Platform Avalanche may have had a solid Q1, but what promise does April hold

Having dominated other cryptocurrencies in the market, price, and social activity, Avalanche [AVAX] was one of the best performers in March.

30.03 / 20:25

UPS Extreme Action Bitcoin Cardano: Here’s how traders are ‘dealing’ with ADA after a bear trap

As Cardano [ADA] looks to end its overall monthly performance on a positive note, traders remain enthusiastic about the token. Well, the reason for this perception is not one that needs a lot of convincing.

30.03 / 16:47

COST Provident BTC Action CryptoQuant Bitcoin BTC SOPR sees profits as whales and short-term holders make these moves

As the price of Bitcoin [BTC] experienced a surge, a potential new support level may be emerging. Also, the possibility of a breakthrough in its press time price range could not be discounted.

30.03 / 02:09

Twitter Ripple XRP SEC XRP exudes confidence before SEC verdict as March gains cross…

Following an excellent monthly performance that distinguished it from the rest of the crypto market, Ripple [XRP] could be faced with an imminent correction. Needless to say, XRP’s 53% hike in the last 30 days was unprecedented. However, the drums of a possible victory over the SEC played their part in renewing buyers’ confidence.

29.03 / 20:39

Blockchain Provident Lowe's FIVE Binance stars Deal How Polkadot [DOT] plans to shoot for the stars with this ‘Stellar’ deal

The Polkadot [DOT] network, on 28 March, announced a major partnership with the Stellar network as it planned to harness more liquidity. According to the announcement, the two networks will connect to each other through the Spacewalk bridge. The latter is a new development from one of Polkadot’s parachains, called Pendulum Chain.

29.03 / 14:33

Blockchain Waves Action MATIC loses to ‘optimist’ demand, but are whales planning a comeback

The launch of the Polygon [MATIC] zkEVM Mainnet could set in motion a combat among projects in the layer two (L2) ecosystem. Surely, all, including Arbitrum [ARB] and Optimism [OP], have their strengths. However, Polygon noted that zkEVM would improve on the scaling effect and improve its current numbers.

29.03 / 11:59

Binance Tether USDT Platform USDC takes a gamble on Cosmos Hub: How did ATOM react

Circle’s USD Coin [USDC] was on the receiving end of a lot of volatility over the last few weeks due to the collapse of the Silicon Valley Bank. However, as time passed, USDC has found its footing and was observed to be making strides towards bettering its reach.

29.03 / 09:19

The Sandbox [SAND]: Whales move away – are these changes the reason

The Sandbox [SAND], a virtual gaming world set in web3, has attracted many gaming enthusiasts to the crypto space in the past. However, with time, many addresses have lost faith in the SAND token due to the performance of its protocol.

29.03 / 04:41

Blockchain end Can Fetch’s [FET] declining trend end soon? This evidence suggests…

The hype around AI tokens seemed to have faded. Inasmuch, Fetch [FET] witnessed a decline in key metrics. Santiment’s chart revealed a few concerning metrics for Fetch, which suggested decreased usage on the blockchain. The daily active addresses and transaction count declined sharply over the last few weeks as well.

28.03 / 20:35

UPS Binance Ripple litecoin CoinMarketCap LTC Litecoin [LTC] gets shot in the arm from regulators, braces for next move

One of the biggest beneficiaries of the bull cycle of 2023 has been Litecoin [LTC]. The coin of the proof-of-work (PoW) chain has logged gains of over 28% on a year-to-date (YTD) basis and nearly 12% over the last seven days of trading, data from CoinMarketCap showed.

28.03 / 18:51

XRP Action CoinMarketCap As XRP bounces higher, can it take XRPL along for the ride

Santiment’s latest tweet revealed that Ripple’s [XRP] social dominance has skyrocketed, reflecting its popularity in the crypto space. The credit for this surge can be given to XRP’s price action, as it registered nearly 30% growth over the last week.

28.03 / 13:23

Provident CEO approved MakerDAO: ‘Maker Constitution’ approved as ‘Endgame Plan’ trudges on

Members of the MakerDAO [MKR] community voted in favor of a set of proposals on 27 March, which included “The Maker Constitution,” a set of new governance rules that have introduced significant changes to the leading decentralized finance (DeFi) protocol.

28.03 / 12:37

Waters NOT Solana’s [SOL] high activity may not be enough for its revival: Here’s why

Solana [SOL] has been in muddy waters for quite some time, having been on the receiving end of criticism due to its frequent downtimes. However, new data revealed that there was a spike in the number of transactions being made on the network.

28.03 / 11:43

Blockchain Ethereum Lowe's Action How ETH holders scrambled for shelter following CTFC’s ‘commodity’ proscription

The number of Ethereum [ETH] held in self-custody reached its highest for the first time since the cryptocurrency became public in 2015, Santiment disclosed . At the time of writing, this number was 101.18 million, despite experiencing some drawbacks in September 2022.

28.03 / 10:19

UPS Binance Digital ICE Southern Deal Voyager’s deal with Binance on ice: investors adrift as VGX yields melt away

On 27 March, a US federal judge temporarily halted the proposed $1.3 billion sale of bankrupt crypto firm Voyager Digital to Binance.US. The ruling grants the United States Securities and Exchange Commission (SEC) more time to question the deal’s legality on appeals.

28.03 / 09:23

Binance Ripple Action CoinMarketCap regulatory BNB tumbles in key parameters as Binance faces regulatory heat

Binance’s native token Binance Coin [BNB] plunged nearly 6% in the past 24 hours, after the U.S. Commodity Futures Trading Commission (CFTC) alleged that crypto behemoth and founder Changpeng Zhao (CZ) violated compliance rules to expand its business.

28.03 / 00:45

Blockchain COST BTC BLOCK Bitcoin bitcoin surge Bitcoin surge brings new hope to miners after months of slumping profits

The recent surge in the price of Bitcoin [BTC] has caused a significant shift in mining activity on the BTC network. Pseudonymous CryptoQuant analyst Onchained found that the 68% jump in the year-to-date value of the king coin has resulted in an increase in fees per transaction due to the increased demand for block space.

27.03 / 20:57

Blockchain UPS Digital USDT CoinMarketCap USDC is bouncing back with smart contract surge, here’s why

According to data from blockchain analytics firm Glassnode, USDC – one of the most commonly utilized stablecoins – has experienced an increase in its supply within smart contracts.

27.03 / 20:09

Blockchain BTC BLOCK Action CoinMarketCap Software XTZ Mumbai Tezos releases new update for Mumbai Protocol- Will XTZ benefit?

Tezos [XTZ] posted its latest edition of The Baking Sheet, mentioning major developments in the ecosystem. The highlight of the report was the updates related to the Mumbai protocol.

27.03 / 18:23

Ethereum Action Decentraland Analyzing how Decentraland’s hype failed to aid MANA’s climb

A large part of the crypto ecosystem experienced unusual inaction in the just-ended 24- 26 March weekend.

27.03 / 17:53

Blockchain ETH Provident play Ethereum [ETH] whales play ‘shy guy’ ahead of Shanghai Upgrade

Ahead of the 12 April date set for the Shanghai Upgrade, on-chain data revealed a gradual decline in Ether [ETH] holdings for whales that hold between 10,000 to 1,000,000 ETH coins.

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