Decentralized finance analytics platform Parsec is shutting down after five 
years, marking the latest casualty in a volatile crypto market that continues 
to reshape the industry. Parsec calls it quits after 5 years In a post on X, 
the company…

Parsec shuts down after 5 years as crypto volatility claims another platform

Crypto traders are bracing for fresh volatility as the U.S. prepares to 
release December Personal Consumption Expenditures (PCE) data, the Federal 
Reserve’s preferred inflation gauge, later today. According to Wall Street 
Journal chief economics correspondent Nick Timiraos, forecasters expect both…

Here’s what crypto traders should watch in PCE inflation data release today

Prediction markets more than doubled the odds of confirming alien life as real 
after Trump directed his administration to identify and release files related 
to the alien and UAP phenomena. The move comes after former President Obama 
stated that aliens were real. Polymarket Traders React to Trump’s Call for 
Alien and UAP Disclosure Aliens might […]

Disclosure Odds Double After Trump Calls to Release Alien and UAP Files

Data shows the social media sentiment toward XRP has surged to a 5-week high 
even as mood around Bitcoin and Ethereum remains dull. XRP Positive/Negative 
Sentiment Has Shot Up Recently In a new post on X, analytics firm Santiment 
has talked about how XRP, Bitcoin, and Ethereum currently compare in terms of 
the Positive/Negative Sentiment. This indicator tells us about whether an 
asset is observing more bullish or bearish comments on the major social media 
platforms. The metric works by filtering social media posts/threads/messages 
for terms related to the cryptocurrency and putting them through a machine- 
learning model that separates between positive and negative sentiments. It 
then counts up the number of posts in each category and determines the ratio 
between them. Related Reading: Bitcoin Consolidating In A Triangle—Is A 15% 
Move Next? When the value of the Positive/Negative Sentiment is greater than 
1, it means bullish comments outnumber the bearish ones. On the other hand, 
the indicator being under this level could indicate the dominance of a 
negative sentiment among social media users. Now, here is the chart shared by 
Santiment that shows the trend in the Positive/Negative Sentiment for three 
top cryptocurrencies: Bitcoin, XRP, and Ethereum. As displayed in the above 
graph, Bitcoin and Ethereum have both seen the Positive/Negative Sentiment 
decline to near-neutral levels recently. Bullish and bearish comments are 
almost exactly canceling out for the former with the metric sitting at 1.05, 
while the latter is seeing a slight dominance of positive sentiment with a 
value of 1.4. The analytics firm noted: Crypto markets have struggled to 
maintain momentum, and social data indicates there are far less bullish 
comments toward Bitcoin and Ethereum compared to last week. Meanwhile, the 
indicator has taken a completely different route for XRP. From the chart, it&#8217;s 
visible that the Positive/Negative Sentiment has recently witnessed a sharp 
rise for the digital asset ranked fourth by market cap. XRP has also struggled 
like the rest of the market recently, so what&#8217;s behind the divergence? 
According to Santiment, it&#8217;s likely to lie in the recent partnership expansion 
announcements. The wave of bullish comments over the last couple of days has 
pushed the Positive/Negative Sentiment to 2.35, the highest level in five 
weeks. If past pattern is to go by, though, this excitement around the asset 
may not necessarily translate to the cryptocurrency&#8217;s price. Related Reading: 
Bitcoin Bearish Momentum Losing Steam? Analyst Flags Key Metric Generally, 
digital asset markets tend to move in the direction that goes contrary to the 
expectations of the majority. In that view, Bitcoin and Ethereum with their 
relatively dull sentiments may be better positioned for a rebound than XRP. 
XRP Price At the time of writing, XRP is floating around $1.39, up around 5% 
in the last seven days. Featured image from Dall-E, chart from TradingView.com

XRP Social Sentiment Hits 5-Week High—BTC, ETH Mood Still Off

Sharplink, a leading advocate for Ethereum-focused digital asset treasuries, 
announced a series of major milestones on Thursday that signify its rapid 
ascent in the institutional finance space. The company revealed that 
institutional ownership has surged to 46%, a record level…

Cryptocurrency price in USD