• Wed, 13 Nov 2019, 09:28 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

US, UK dominate Twitter posts on bitcoin, Facebook's Libra cryptocurrency: Study

Image Credit: www.medium.com

Fri, 05 Jul 2019, 05:31 am UTC

The United States is leading the world in the number of tweets that talk about bitcoin and Facebook’s cryptocurrency project Libra, according to new research by crypto trading platform The TIE.

According to a new Twitter thread published on July 3, the United States accounted for 38.9% of the total bitcoin tweets, followed by the United Kingdom at 10.5%. Canada, Turkey, India, and Australia complete the top six countries that generate the most bitcoin discussion on the microblogging site.

In addition, the study also determined bitcoin sentiments. It found that of the countries with at least 0.5% of total bitcoin conversations, Peru was the most positive about crypto, followed by Malaysia, Indonesia, Vietnam, and Italy.

On the other hand, Venezuela has a more negative outlook on cryptocurrency, with 62% of its total tweets having a more negative tone. Mexico, Estonia, Brazil, and Ireland comprise the top five in descending order.

Meanwhile, 61.5% of bitcoin-related tweets from the United States are expressed in an “extremely positive” tone. In general, nearly 60% of the bitcoin tweets around the world are positive.

The TIE research also looked into tweets about Facebook’s controversial cryptocurrency project. Notably, the United States appears to have more interest with Libra at 43.8% compared with bitcoin at 39.8%. Still, the United Kingdom came in second with the volume of Libra posts, followed by France, Canada, and Australia.

As for the Libra sentiment trends, tweets from the United Kingdom are the most positive, while the United States and France tend to be much less positive.

Crypto analytics company Coin Metrics has also partnered with Social Market Analytics (SMA) to incorporate feed of real-time sentiments toward cryptocurrency based on data from social networking sites, in a bid to help crypto traders build their portfolio strategies.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,790.81 (-0.05%)
  • Ethereum (ETH) $186.63 (+0.05%)
  • XRP (XRP) $0.273600 (-0.43%)
  • Bitcoin Cash (BCH) $288.26 (-0.55%)
  • Litecoin (LTC) $61.46 (-0.42%)
  • Bitcoin (BTC) $8,790.81 (-0.05%)
Nov 13, 2019 (Wednesday)
08:56
China’s digital currency project aiming for ‘controllable anonymity’: PBoC official
07:36
Huobi Chain open sources its regulator-friendly financial blockchain 'Huobi Chain'
07:28
Crypto Technicals: NEO/USD hovers around 38.2% Fib, further upside on charts
06:58
HTC announces new limited edition blockchain smartphone in partnership with Binance
06:52
Crypto Technicals: ETH/USD trades directionless below 110-EMA, intraday bias neutral
06:15
Former bitcoin traders at Circle, Cumberland launch crypto trading firm
06:06
Crypto Technicals: XRP/USD consolidates below 100-DMA, break below cloud to drag prices lower
05:53
Central Bank of Tunisia refutes reports of digital currency launch
04:46
Fold partners with AirBnB allowing people to use Bitcoin when booking for a place to stay
04:38
Abra adds support for 60 new cryptocurrencies for U.S. customers
04:38
Crypto Technicals: BTC/USD holds 50-DMA support, momentum studies bearish
04:14
Ant Financial’s blockchain platform to launch in February; Node participants need to meet certain requirements
Nov 12, 2019 (Tuesday)
12:28
UPS and HerdX track and monitor beef shipment from U.S. to Japan using blockchain technology
12:12
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:10
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:13
China's forex regulator SAFE expands blockchain cross-border financing pilot to 19 provinces
10:12
eToroX adds support for Dash, USDC, USDT and GOLDX/BTC, announces 5 new stablecoins
10:03
Crypto Technicals: XLM/USD downside limited, holds support at 5-DMA
09:19
Crypto Technicals: NEO/USD consolidates around 200-DMA, bias bullish
09:19
CoinMarketCap releases Liquidity metric geared towards filtering out market manipulation
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft