Santiment, Schools Team on Crypto Research
A Germany-based crowd sentiment data platform for cryptocurrency and blockchain assets is partnering with universities on digital currency price research.
Santiment, a crypto-market datafeeds platform, is collaborating with researchers at the University of Hamburg, Concordia University Montreal, and the Blockchain Research Lab to produce research into the factors and variables that can influence cryptocurrency prices.
The partnership aims to provide objective and impartial papers and information for people looking to enter the cryptocurrency space. Santiment said that much of the work will be published in various academic journals.
Initial findings support the claim that price movements can be predicted by monitoring mass sentiment through Twitter feeds. The research will particularly emphasize the role social media can have on investor sentiment.
“We are very excited to be working with these researchers in developing such ground-breaking research in this all-too-often misunderstood area of finance,” said Santiment CEO and founder Maksim Balashevich. “Collective sentiment and how this is expressed through social media provides cryptocurrency investors with unique insight as to when they should buy and sell.”
