How to Track and Stay Updated with Cryptocurrency News

Cryptocurrency is a young market and, as such, very fast-moving. If we exclude the phenomenon of stablecoins, the prices of cryptocurrencies change continuously, with sometimes very high volatility.

Since a volatile investment is, by definition, a risky operation, traders usually look for ways to reduce the possibility of incurring significant money losses. In this context, it is vital to stay up to date with market events, even if this can be complex.

As seen in the past, a single tweet from a person deemed influential can dramatically affect the price of a cryptocurrency. Anticipating these events seems impossible, but, at least, every investor should always try to be informed.

The following sections will provide critical information to help investors stay updated with the crypto news. We remind the reader that the content of this article does not represent financial advice in any way.

The importance of keeping track of crypto markets

One of the most important things that we would like to clarify in this article is the importance of staying up to date with the latest events on the market. Knowing the news or not can make all the difference between a successful investment and one at a loss.

Every investor, especially in the crypto market, must have the ability to react quickly. We understand, however, that the internet suffers from an information overflow in this market. Consequently, finding the right information channel appears to be much more challenging than it may seem.

For this reason, we want to bring some clarity to the topic, indicating the most popular methods for staying in touch with the crypto universe.

How to keep track of the market

There are several ways to keep in touch with the crypto market during the trading day. Among the many alternatives, one of the most popular strategies in the sector is to use the so-called trading bots. 

A trading bot consists of an algorithm that analyses the market, providing essential trends.

There are many bots, from those that warn us when a particular coin records a significant price change to those that report major general events on the market. 

These bots often communicate with the community through Telegram, a top-rated chat app with investors.

Other popular ways to check the crypto quotes

While bots are an excellent option for keeping in touch with the market, it is understandable that some investors may prefer to use other information channels. For example, many brokers and exchanges allow clients to monitor the market via a detailed news section.

Often these applications can send push notifications to our mobile devices, letting us receive information quickly. There are also social trading platforms where entire investors share ideas and interesting ideas for market strategies.

Relying on a bot, a professional service, or joining a community are just some of the most popular methodologies to stay updated with cryptocurrency news.

The value of information

Never before has the exchange of information in the world economy an aspect of enormous importance. “Data is the new oil” is a new mantra that we sometimes hear from economists and financial pundits.

In the absence of a centralized entity, the cryptocurrency market has proven to be very attentive even to short statements from influential figures in the sector. So what shall we say, for example, of how Elon Musk raised concerns about the environmental impact of Bitcoin? These comments caused a collapse in the price of BTC?

Musk himself, just a few weeks ago, was able to significantly increase the market share of Dogecoin (DOGE) with a simple tweet.

Finding the right opportunities

Many websites report the prices of the leading cryptocurrencies on the market, allowing even unregistered users to find important information. However, interpreting the price movement with precision requires experience and knowledge of the sector, so many portals share the main blockchain news on the market to help readers.

In addition to commenting on the day’s news, many online portals deliver reviews that help discover the leading projects in the blockchain world. 

The various beginners’ guides covering many of the essential concepts in this new industry can also be handy.

Final thoughts

In this article, we have had the opportunity to explain the importance of always staying connected with the main events of the crypto market. Unfortunately, in the fast-paced pace of modern life, keeping up to date with what’s going on in the token world can be tricky. Luckily, as we saw together, there are ways to make a trader’s life easier.

Bitcoin live price
price change

Whether it is through the use of a bot, a user-friendly app, or reading an excellent website dedicated to this market, it doesn’t matter. What matters is always finding a way to be aware of your investments.

Stay up to date with our latest articles

More posts

Top 10 Cryptocurrencies in January 2022

Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…

The Story Of Bitcoin And Ethereum’s Reversed Blockchains

Decentralization is the primary selling point of the three worlds of Bitcoin, crypto, and the web. There are several reasons for this. Some are related to the increased transactional efficiency that decentralization can provide. Others are related to creating permissionless, censorship-resistant digital networks. The most important is that decentralization weakens any single-point-of-failure, hence bolstering network security. This not only keeps a network as close to unbiased and ‘neutral’ as possible but almost guarantees its immutability. Yet the crypto world hasn’t…

NowMeta ($NMETA) Review – Opening the Metaverse for the 99%

The Metaverse is expanding remarkably fast to attract individuals and businesses worldwide. This promising space is open to everyone. However, hard-working citizens making up for the 99% of users still need a secure and easy access path. NowMeta is leveraging the power of Binance Smart Chain and Ethereum to create the strongest cross-chain ecosystem within the Metaverse. The project’s native token, $NMETA, fuels its development and gives holders opportunities for staking, liquidity, and diverse returns. This is where NowMeta steps…

What Are the Best Crypto Prediction Sites?

There are now several websites that provide, besides crypto live prices, some forecasts on the future of the leading cryptocurrencies. However, considering the market’s high volatility and the few analysis tools available to the public for formulating these forecasts, it must monitor these portals carefully. This article will report some of the primary sources of price forecasts in the crypto industry. However, we remind you that the information contained in the text does not constitute financial advice, and we invite…

Silicon Finance Review – A Project Aiming to Solve DeFi Issues

One of the hottest trends in the blockchain universe is the application of decentralized finance (DeFi) solutions. Today we will impartially review for our readers the Silicon Finance project, a new DeFi initiative aiming to solve a series of industry issues. The project’s team aims to achieve an increase in the safety of DeFi, with obvious benefits for the whole blockchain community. Furthermore, the initiative will look into a way to introduce more democracy and equality on Initial Dex Offerings…

WMA: Bitcoin and Most Altcoins Are Back Trading in the Green

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,088 trillion. Bitcoin is up by almost 3% after a week of recovery. Ethereum increased by roughly 7% after seven productive days. XRP is up by almost 43% this week. Most altcoins are trading in the green, with very few exceptions. The DeFi sector added over $3.5 billion to the Total Value Locked in…

Crypto Jobs Up 395% – Texas and Florida Lead

Crypto-related job postings skyrocketed last year, following the strong performance of crypto markets. Texas and Florida emerged as new hubs for crypto jobs.  LinkedIn has reported an astonishing 395% growth of job postings related to crypto. A survey by Linkedin showed a sharp rise in job postings with terms like "cryptocurrency", "bitcoin", and "blockchain" in 2021. Moreover, the growth in crypto jobs outpaced the broader tech industry, which saw a 98% increase in listings. Most job postings were in finance…

Kim Kardashian and Mayweather Jr. Face Pump n’ Dump Crypto Lawsuit

Kim Kardashian has allegedly tricked investors into a cryptocurrency scam involving EthereumMax. She is part of a group of celebrities, including Floyd Mayweather Jr. and Paul Pierce, accused of a “pump n’ dump” scheme. They convinced millions of their social media followers into buying the digital coin. Then, once its price inflated, they sold their holdings for a considerable, yet illicit, profit. Some of the victims filed a class-action complaint last Friday in the U.S. District Court for the Central…

Rio de Janeiro Will Allocate 1% Of Treasury To Bitcoin

Talks about Bitcoin in Brazil are commonplace, but concrete political action has now been taken to adopt it. Eduardo Paes – mayor of Brazilian city Rio de Janeiro – recently announced plans to invest 1% of the city’s treasury in Bitcoin. His city will join a list of other political jurisdictions making small allocations to the cryptocurrency, eyeing its long-term potential.  Rio Hops On Bitcoin Paes announced the city’s new plans in a presentation at Rio Innovation week in conversation…

AidiVerse Review – The Blockchain Ecosystem for Everything DeFi

AidiVerse is a blockchain-based ecosystem aiming to provide several crypto assets and utilities. The project plans to deliver everything DeFi, including an NFT platform, P2E gaming, and decentralized exchange services. Furthermore, it should soon expand to incorporate yield farming, asset performance analytics, and even physical merchandise. These features and many more should help AidiVerse rival more established blockchain ecosystems in the cryptosphere. This short review looks closer at this up-and-coming project, its tokenomics, and its roadmap. What is AidiVerse? Blockchain…