It’s very difficult to find reliable sources of information about blockchain technology and cryptocurrencies in general. Although the two contexts are in fact almost separate at this point, they do still often overlap and it’s often unclear which article is a paid promotion of a ponzi scheme and which is objective investigation and presentation of facts.
Here in this skeptics factory called Bitfalls, we try to keep it real and present things as they are or as what they have the potential to be, based on mathematical and provable facts. Because of this skepticism built into every one of our posts, people are suspicious towards our motives – despite both employees and the company having active crypto portfolios. We use both external and internal links in all our posts to provide readers with as much material as possible and to help them do their own research and come to their own conclusions by reading as many reports as possible, even if they are subjective.
But how does one get a variety of good news sources? How does one tell good ones from bad ones, real ones from fakes? How can one tell which news article will affect which currency in which way? To most, consuming hundreds of articles per day – something we and similar web magazines do – is too large of a bite, especially when most of the content might be worthless or hard to classify.
It’s easy to add several hundred RSS feeds into an RSS reader, but someone needs to process them or at least sift them through a basic quality filter. If waiting for us or another web magazine to process this amount of data isn’t an option because you don’t want to miss anything, we have a tool to recommend that might be of great help here.
Cryptopanic is a news aggregator which grabs headlines from different sources, all manually checked for originality and reliability. Other than a standard list of news in the UI, it also features the current prices of each popular cryptocurrency as well as the option to add reactions and emotes to headlines.
The news can be shared with social communities like Twitter and Facebook via the menu under the headline’s short description, and the reactions section is above it.
“like” is used for quality news or articles, no matter their sentiment. This can be anything from a good intro to Metamask to an airdrop announcement.
“dislike” is used for bad posts like paid scam promotions or plagiraized posts. Many dislikes on a single domain will eventually cause the admins to look at the domain again and possibly remove it.
“LOL” is used for ridiculous posts or memes. For example, if a billionaire banker calls cryptocurrency a bubble or a fraud, or if they say that cryptocurrency is used for money laundering, that’s a good LOL.
“Save” will store a headline for later if you can’t afford to miss it but don’t have time to read right now
“Bullish / bearish” are signals for market movement of that cryptocurrency. If some news very positively mention a currency, like Twitch accepting Nano, that’s a very bullish bit of information – one can expect a rise in price and that’s exactly what happened (30% in one day). Bearish is the opposite – reacting to bad news. These two indicators are often enough information to foresee a coming market movement because the information is what we call crowd wisdom – a democratic impression of a news article.
“Important” is like a powered-up like – if some news is important for the whole industry, it can be marked as such. For example, increased and well defined regulations in regards to ICOs are neither a good nor bad thing inherently, but they will impact the industry.
“Toxic” can only be used by PRO accounts and will filter FUD, bad articles, fake news, etc. It’s what’s literally toxic to the cryptocurrency community. This lets PRO accounts curate and eventually completely remove some news sources from the platform.
The platform is still under development but already has an impressive readership base. It’s financed through selling PRO accounts – the bonuses of which are still under development – and one advertisement at the top of the headlines list.
If you’re looking for an amazing news aggregator with quality truth and market effect signals, we recommend giving Cryptopanic a shot.
Disclaimer: Bitfalls has been added to Cryptopanic as a recognized source of quality news and information from the field of cryptocurrency and blockchain technology.
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