However, given the fact that Shibarium could greatly accelerate the SHIB burn rate, those price targets could become more feasible going forward. Until she moved to New York in 2019, she worked for German DOGE public broadcaster Deutsche Welle in Bonn, where she anchored and produced gender-related stories. In India, she worked with The Times Group, where she reported on various economic, social, and political issues, including a trail-blazing story on gang rape. CoinMarketCap takes a look at some of the top cryptocurrency apps in India. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.
Another useful feature that many Indian users would find useful is a currency converter, so you can instantly convert cryptocurrency denominations to Indian Rupee . Investing.com is one of the top news and analysis website for financial markets, covering almost everything from financial indices, central bank rates, stock screener, technical analysis and now, cryptocurrencies. While this is mainly known as a community-driven stock trading and analysis app, it is also a highly customizable news source. StockTwits claims to be “largest social network for investors and traders”. Users interested in cryptocurrencies can customize the app to deliver latest crypto analysis and news from other investors and traders right to your smartphone.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
Best Apps for Cryptocurrency in India
Tweets shared by StockTwits, the crypto analytics platform ranked ADA as the most trending cryptocurrency on the platform, noting; “Cardano is also trending #1 on Stocktwits! StockTwits tracks user-weighted data for thousands of stocks and digital assets. There are four primary categories into which the user data is sorted, which provide unique insight into community sentiment and how interest in a particular asset changes over time. The below list includes the best app options we’ve compared and reviewed that Indian investors have to monitor their crypto portfolios and buy cryptocurrency from anywhere.
- These returns cover a period from January 1, 1988 through February 6, 2023.
- Before that, her work was published on various cryptocurrency news sites such as CoinDesk, CoinMarketCap, and Bitcoin Magazine.
- Overall, ADA is still one of the top gainers among the crypto tokens listed.
- Stocktwits is the latest online financial services firm to add crypto trading in a bid to court users looking to branch out from traditional investments.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Notably, ranking second below ADA on StockTwits was BTC having a trading price of $23,195, up by 8.47% at the time, with a change of $1,810.42. This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described.
The cryptocurrency situation in India is precarious, as the government is in the process of regulating crypto due to concerns surrounding illegal practices and volatility. However, crypto exchanges and apps are currently still available to use in India. Nearly all exchanges available have mobile applications that investors can use to check their accounts, view prices, make trades, send crypto and more. There is no clear btc stocktwits sentiment trend in the Economics, finance, and personalfinance subreddits, while StockMarket, stocks, and investing indicate increased bullishness a week or two before bitcoin prices resumed their ascent. You can sign up for it to read in real time what finance professionals and amateur traders are doing in response to market conditions. You’ll find feeds from the most well-respected investing firms and media outlets.
Best Cryptocurrency App for Research in India
They have a Kraken Pro app for users who need more advanced features like trading crypto options. 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. Consistent with the kind of social sentiment data that StockTwits has traditionally produced and marketed to systematic investors, the firm is now producing sentiment data on these crypto oriented messages. As you might guess, the one big difference between the crypto data and all of StockTwits other sentiment data is the lack of history for this dataset. However, given the fact that there are no other comparable investor sentiment data on the crypto currency markets, a few investors have been willing to give this new dataset a try.
StockMarket , had a slightly lower correlation than CryptoCurrency for the same-day price of bitcoin but did not maintain the same relationship with future prices. The CoinMarketCap app is the most powerful tool Indian investors have to stay up to date with all digital currency information. CoinMarketCap is the most comprehensive and accurate source of crypto pricing and market data in the world. The app has tools available for users to set custom price alerts, view live data, browse crypto news headlines and read analysis from industry experts for free on CoinMarketCap Alexandria. Unocoin is one of the leading crypto exchange in India, and the wallet is an application-based cryptocurrency wallet connected to the user’s Unocoin account.
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Binance is the largest exchange in the world by trading volume and has a mobile app with a superior user interface. The Binance India app has a variety of features that will make it easy for Indian users to purchase digital currencies with rupees or other payment methods like UPI or Paytm. Such findings have a host of implications not just about the future of crypto investing but about investing more generally. And if nothing else, independent of your views of crypto, that is a recipe for more market volatility.
- For example, the Bitcoin page shows the latest price and candle charts, and a feed of Bitcoin news and analysis from other users.
- A 0.5 score, for example, indicated equally bullish and bearish comments.
- What’s especially compelling is how quickly sentiment rebounded after FTX’s collapse and anticipated bitcoin’s renewed price surge.
- They have WazirX applications for Android, Google Play, iOS, Windows and Mac.
CoinDCX are also backed by some of the top investors in the crypto space, such as Coinbase Ventures, BainCapital Ventures, Polychain Capital and BitMex. CoinSpot is an Australian crypto exchange that offers users a simple and elegant mobile solution. The app allows users to access all account features, seamlessly trade from their large coin selection, and view all pricing charts and data. CoinSpot is a great international app for crypto trading with some of the best security features and oversight from Blockchain Australia, the country’s blockchain industry body.
A key consideration is where crypto investors source their investment data. According to a 2021 study by the National Opinion Research Center at the University of Chicago, crypto investors source 24% of their information from social media and only 2% from brokers and financial advisers. Trading platforms and crypto exchanges supply another 25% and 26%, respectively. On June 1st 2017, StockTwits launched its coverage of the cryptocurrency markets enabling investors to post messages on close to 100 cryptocurrencies. However, as you can see from the chart below message volume on these cryptos didn’t really start to pick up until late in November when the price of Bitcoin eclipsed $9000. Currently more than 40,000 investors per month are posting messages on cryptocurrencies via the StockTwits platform.
This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not btc stocktwits necessarily reflect those of CoinMarketCap. Trust Wallet is used to store Bitcoin, Ethereum, Binance Smart Chain tokens, Litecoin, Dogecoin and other top cryptocurrencies.
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Kraken is another international crypto trading platform founded in the U.S. that has an outstanding mobile app. Kraken decided to re-establish itself in the Indian market after https://www.beaxy.com/ 2018, when the banking ban for crypto firms was removed. The app is intuitively designed and features easy tools for trading, monitoring, and sending your crypto assets.
— Victor Castro (@VictorCorpII) February 26, 2023
Recent market volatility has caused stablecoins to deviate from its peg — here’s a look at why. Stocktwits said it has more than 6 million registered users and reaches over 5 million users monthly. The move marks Stocktwits’ first foray into offering trading on its platform. CFA Institute is the global, not-for-profit association of investment professionals that awards the CFA® and CIPM® designations.
Coinbase has a huge presence internationally, but they are a U.S.-based company. Their mobile app is heralded as one of the simplest to use, perfect for beginner investors looking to make simple and secure crypto transactions. The app is great for keeping users up to date on markets with price alerts, news and learning opportunities. The app also offers opportunities to buy, sell, trade and convert cryptos and earn rewards by watching short educational videos.
MicroStrategy and Silvergate’s tickers were trending on investors-focused social media platform stocktwits.com, indicating increased chatter among retail pundits. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Binance also has a Binance Academy app where users can learn more about blockchain and cryptocurrencies.
Besides supporting the top cryptocurrencies, it is also compatible with both android and IOS devices. Unocoin has multiple unique features, including offer multiple buying plans for users to add funds. It also acts as a payment gateway to various merchants, increasing its use case. Coinbase is one of the top global exchanges and the Coinbase Bitcoin wallet advanced security features, with Secure Enclave, biometric authentication and optional cloud backups. Coinbase wallet supports over 500 tokens, including all the top assets like Bitcoin. Users can also connect the wallet and trade on decentralized exchanges .
She recently served as a crypto writer for StockTwits—one of the largest social media platforms for investors and traders. Before that, her work was published on various cryptocurrency news sites such as CoinDesk, CoinMarketCap, and Bitcoin Magazine. Of the hundreds of thousands of comments on these subreddits over the examination period, we isolated those that implied a crypto sentiment based on seed words indicating a general rather than specific connection to cryptoassets.
Here are some of the best cryptocurrency apps for researching and keeping up to date with crypto prices and news. Although StockTwits’ new alternative cryptocurrency dataset has very little history, it is extremely unique as there are even fewer data providers in this space than there are institutional research providers. Overall, ADA is still one of the top gainers among the crypto tokens listed.