What is Crypto Market News? Where to Find news about crypto?

Crypto Market NewsNews & Update3 months ago28 Views

We Will discus about, What is crypto market news? where to find news about crypto? Is crypto news important? And many more thing that is important for you to know,

Crypto market news refer to latest news, updates, information, and event happening around the world which has the power to move cryptocurrency market. It cover every thing that affect the crypto price, crypto investor and market trend.

There are some important Topic that include crypto market news, where you need to focus on.

Price Movements:

First thing that you need to know is there are coin that can affect the market, like BTC, ETH. For any reason if there price change in big time , they can affect the market(other coins), because they are back bone of crypto, almost traders follow BTC and ETH chart and guess the market direction, that is important for you to know.

For Example: there come news(from anywhere that is trusted and famous source) that a big investor/company is going to buy BTC in bulk (or any reason/event that can effect BTC, ETH), after news many traders want to buy BTC,ETH first, So when the demand increase price will go up so you know what will market next move will be, it will go up and many coin will also go up because many traders also invest in small coins, small coins give more profit then BTC, ETH.

important thing in crypto market news

Government news and events:

Government News is one of the biggest reasons that affect the market, this is very important topic that you need to understand if you don’t want to loss your money.

There are many reasons that can affect market like crypto laws, ban in crypto or approval in crypto.

Crypto Law:

You are thing about how crypto law will affect market, when crypto buying and selling are legal and it’s virtual currency, So how it can affect market, But you forget one important thing and that is, where you are buying and selling your crypto currency and assets from, It’s platform like binance, OKX, What if government take action or make laws for them then it will affect market because there are millions of traders who are buying and selling crypto in those platform if anything related happened to these platform, Traders will try to release a massive amount of money from there wallet to secure there fund when that happened you will see a huge Dump in market.

For example: Let’s say there is XYZ platform, where trader trading normally but then a news come where government take action against that XYZ platform, and say they need to pay tax or give us security(fee) and anything that is related, But exchange refuse to except, that can move market from up to down.

crypto market news

Crypto Ban:

If you are study in What is Crypto Market News then ,This is one of the major reason that you need to know, when crypto dump, Let’s say in XYZ country crypto buying and selling is legal and working properly and there are also many traders and investors in crypto from that country, Now government take action for some reason and BAN crypto/exchange in there country, at that time every trader try and sell there coin and want to leave the market to secure there fund, when supply increase and demand low market price come down. There are some time government did not ban whole crypto but one exchange it also can affect the market if that exchange has many traders.

what is crypto market news

Crypto Approval:

If you are study about What is Crypto Market News, then This is one of the major reason that you need to know. When government approve crypto currency/exchange in there country, at that time many people want to buy BTC,EHT and other, it will pump the market when demand is increasing.

Exchange News/Updates:

Exchange like binance, OKX, bybit etc also can affect the market if there is any major news/update about them.

For Example: Binacne announce that they are going to invest in there platform, opening branches/center in some countries or there is a big investor who is going to invest in binance, these news can affect market.

Blockchain and Tech Advancements:

In blockchain and tech advancement, market will affect when there will be any new crypto technology, new update that is major/revolutionary and forks(also a update or change in code).

Partnerships and Announcements:

Market also move when, big companies invest or partnerships with big exchanges like binance, OKX or announce something related to crypto, Let’s say some big company XYZ whos influence is big and wanted to invest in crypto or wanted to partnership/Collab with some big exchange for any reason it will be a big impact on market.

Expert Opinions:

In expert opinion other trader follow tip and advice that a professional trader tell them after analysis.

For Example: Let’s say there is big youtuber who has 5 million follower and every video hit 1million views, he tell about BTC and say traders to buy BTC, because it will move UP, and some trader invest in BTC, You will see very small movement because of those traders, because BTC market is in trillion not million it will not affect by only few traders but what if there is some small coin that market cap is in around million dollar, Now if he say that XYZ coin is going to pump go and invest it can affect that coins.

there are some frauds who give fake crypto news and updates and tell you to invest in XYZ coin don’t invest blindly first analyze the coin check his background then invest.

these are important things that you need to know about crypto market news.

Why Crypto Market News is Important?

Crypto prices are highly influenced by news,

Let’s say:

  • If a country approve crypto it will pump
  • if country ban crypto it will dump
  • if large news like big investor, partnership, or any major update come in will pump

Crypto and world news is very important if you are a trader it will help you understand about market well, it help you to recover from loss or safe you from loss and many more.

Where to Get Crypto News?

There are many places where you can collect these information easily.

  • CoinDesk
  • Twitter(this is home for government news where you find important updates.
  • binance (binance also give major news update)
  • youtube channels

these are some important platform who give you news and major update but if you want to be more safe and ahead of other then search your own. your own research will help you more then anything.

this all for now, if you want to know what you need to do before start your trading then click here

And if you wanted to know about bainace security feature then click here

or if you wanted to know about Risk management click here

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