May 15, 2024 links

Link: Crypto-Influencers by Kenneth J. Merkley, Joseph Pacelli, Mark Piorkowski, Brian Williams :: SSRN

This paper analyzes investment information provided by crypto influencers on Twitter. It explores a massive dataset of 180 creators, 36,000 tweets, and 1,600 assets from 2020-2022. Though the tweets are initially correlated with positive returns, this is followed by negative price action, making the tweets negligible in the long term. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.

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