4 Ways to Stay Up to Date with Cryptocurrency
When it comes to finance, things can move fast – and the world of cryptocurrency is no exception. But due to the high volatility of most cryptos (as well as the changing regulations which attempt to govern them), it can be difficult to keep track of all the latest cryptocurrency news.
From trading scandals and Tether news to the launch of a new altcoin, the crypto market can change almost overnight. To make matters worse, there’s often a lot of misinformation surrounding cryptocurrency in the media. So how can you make sure that you never miss any industry developments and have access to the information you know you can trust?
Whether you’re an experienced crypto investor or an enthusiast with an academic interest, we’ve put together a list of four ways to stay up to date with the latest cryptocurrency trends and news.
Follow hashtags on LinkedIn/Twitter
You don’t have to be a professional cryptocurrency investor to benefit from information on this professional social network. Although LinkedIn introduced selective bans on cryptocurrency ads back in 2018 (joining a long list of social media companies who have introduced similar bans, including Facebook, Twitter, and Instagram), it’s still a great place to access breaking crypto news.
By following cryptocurrency hashtags, you can make sure that relevant industry information will appear directly in your newsfeed. As LinkedIn is a social network, there’s also the added benefit that you can discuss trends and developments with other users.
Set up Google Alerts
When searching for news, it’s often said that the best approach is to diversify your sources. In other words, it’s not always a good idea to rely on a single platform – by compiling your information from multiple sources, you can gather all of the facts and reach a balanced viewpoint.
To achieve this, an excellent strategy is to set up a Google Alert on your laptop or phone. This will make sure that you never miss a story that’s published on the web, regardless of which publication it appears in. Google Alerts works by tracking Google’s online news section for specific keywords or phrases and sending any results that match your alert directly to your inbox.
Simply load up the Google Alerts homepage and enter the keywords you want to track. These could be ‘cryptocurrency’, ‘crypto’, ‘Bitcoin’, ‘Tether’, ‘altcoin’, ‘Libra’ – anything that’s likely to appear in the sort of articles you want to read. You can adjust the settings to decide how often Google will email you with the results, as well as whether you want to filter out blog content to make sure you only get notified by breaking news.
Subscribe to crypto news sites
Ever since the launch of Bitcoin in 2014, we’ve seen a huge increase in the number of dedicated cryptocurrency news and analysis sites. If you’re familiar with crypto investing – including technical terminology and more obscure altcoins which the general public might not be aware of – these sites are often a better choice than the finance sections of national newspapers. Many will post stories every five minutes or so to reflect changing market values, so if you like your information to be not just up to date, but up to the minute, they should be your first port of call.
By subscribing to their email newsletters, you’ll probably receive daily or weekly updates to recap on recent crypto events. This is a perfect way to make sure you didn’t miss out on any news stories during the week.
Monitor your local crypto regulators
Regulating cryptocurrencies is notoriously difficult, which isn’t surprising when you consider that Bitcoin was originally invented to remove the intervention of third parties in digital fund transfers!
Because the laws surrounding crypto are often so hard to enforce, they may as well be encrypted themselves. In the US, for example, cryptocurrency regulations can vary state by state. Keeping up to date with the laws that directly affect your area should be your top priority, but this can be a challenging task.
One way to make it easier is by getting your information directly from the horse’s mouth. Follow your national or regional regulator on social media to find out any regulatory changes as they happen. The U.S Securities and Exchange Commission, for example, has previously issued statements about cryptocurrencies and the extent to which they fall under its jurisdiction. Its Twitter profile is worth a follow if you want frequent industry updates.
You could also consider signing up for email updates from the Financial Stability Oversight Council (FSOC), a spinout from the US Treasury which was formed in January 2018 to explore the cryptocurrency marketplace.
If you’re keen to keep up to date with the latest cryptocurrency news, we hope this list has given you the tools you need to stay better informed today.