If you are into crypto trading then it is imperative that you stay up to date with all the latest news in this space. You must know the most recent opinions and price movements in the market to be able to execute the most favorable trades.
Therefore, a news aggregator is an indispensable tool for every trader. But not every news aggregator works and you need to choose a filter to find the latest news and events happening in the crypto world.
CryptoPanic is a news aggregation platform that helps traders understand and speculate on price movements in the cryptocurrency market.
If you are not a trader and you are only interested in this particular area of technology, CryptoPanic will display the daily crypto news in a simple feed and with various functions.
Description of CryptoPanic
The website has a basic interface that separates the screen into two parts. On the left side, there is a feed that aggregates news of the past few hours from different sources.
The right side shows details of the news you clicked on, as well as a link to the original website source. If you are logged in, you can vote if the information in the feed is positive/negative or relevant to the market. This way, users provide their feedback if the news could potentially affect the price positively or negatively.
If a particular post is voted positive by many users, it will be colored green. If the news is voted negative, it will be red. And if the article is not voted on, it will be white, indicating neutrality.
What other uses does CryptoPanic have?
On the right side of the page, the site displays the prices of the most popular cryptocurrencies on the market along with their daily performance. If you are interested in a particular currency, you can choose to see only news related to that cryptocurrency by clicking on it. This feature is useful if you only trade a certain digital currency.
Besides, you can also get notifications about your favorite cryptocurrency in real time.
If you want to receive the latest news while doing something else, CryptoPanic can send them to your favorite messaging app. The platform currently supports Telegram, Discord, and Slack.
CryptoPanic Pro Features
CryptoPanic provides professional (Pro) users with additional features. Pro users can add custom RSS/Atom feeds, Reddit and Twitter feeds along with the option to disable or enable any of the existing default news sources.
CryptoPanic Pro accounts cost $9/month or $99/year.As a Pro member you will also have a “Pro” badge that appears near the username on your profile.
CryptoPanic is the easiest way to keep yourself abreast of the latest developments and news that will determine the direction of market prices. You’ll save time trying to understand how the market works by observing what users have voted for in the feed. This platform will definitely help you gain a deeper understanding of the price dynamics in this cryptocurrency market.
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