Tag: sentiment

Everyone who knows anything about cryptocurrencies knows one thing for sure; its value is highly volatile. This infamous reason is one of the biggest qualms toward why masses are hesitant of investing. Mood Swings Lead to Value Swings What many try to understand but fail is the reason behind the massive volatility. However, studies conducted at Warwick Business School (WBS)…

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On May 5, 2018, Singapore-headquartered crypto-exchange Huobi released its “Cryptocurrency Investor Sentiment Index Report April,” which collated data from thousands of users on their sentiments about the digital assets market. The results were certainly positive, and represented an increase of 17 percent in investor’s “bullish sentiment.” For the report, which took place from April 25, 2018, to April 30, 2018,…

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Huobi Research recently surveyed 1,787 individuals from 23 different nations to gain a better understanding of the perspective of cryptocurrency investors in regards to the short-, mid- and long-term future of the industry. According to the report, despite the recent drop in cryptocurrency prices, 77.9 percent of survey participants remain confident in the cryptocurrency industry for the next three years….

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An open access, peer-reviewed research paper published on May 12, 2017, by researchers from Korea University and Kangnam University in South Korea has explained a method for predicting the fluctuation in the bitcoin price and transactions based on user opinions posted on online forums. The paper, entitled “When Bitcoin encounters information in an online forum: Using text mining to analyze…

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