Trending: Keep Up with What’s Up

Trending: Keep Up with What’s Up

In today’s clickbait culture it may at times come difficult to tune out media noise and make out the news that matter. At Finrazor, we have developed Trending, a handy tool to help you keep up with the most trending topics and events in an organized and rigorous way

There is no doubt that wide adoption of applied cryptography is upon us but the space has a lot of room to grow, but journalistic integrity is not something every news website is committed to. As a consequence, the experienced social media user learned to avoid clicking external links in order to not get bombarded with intrusive ads, cookie notifications, AI assistants, newsletters subscription prompts and all other sorts of pop-up windows.

At the same time media coverage, however honest or clickbaity it may be, does to a certain extent affect the cryptoverse at large because people actually do care about what others say, sometimes with little or no regard for the credibility or source of information. Take, for example, the recent incident with a fake screenshot of Binance’s USDT delisting announcement that circulated the web and presumably caused a sudden downward spike in Tether’s price.

But how to keep up with the constant updates and remain confident about their credibility, especially if this is not your full-time job? There is a need for a special tool which can keep count of all mentions across the sources in real time.

Trending by Finrazor

Finrazor developed a tool that helps you keep your finger on the pulse of the space.

Finrazor analyzes over 180 crypto news sources from news aggregators to influencers’ personal blogs to keep you up to speed with what topics are trending at a given point. We have created a database of all relevant entities in the space, be it assets, ICOs, companies, funds, influencers, technologies, mining pools, wallets, and are keeping count of all topic mentions across the sources in real time.

Our goal is to focus not only on the number of the news provided but on their quality as well. It is not enough just to collect information and share it with users, the given information should be structured and organized. The information supported by figures gives the right to be objective and unbiased, therefore, we have created a tool that reflects changing of informational background in percent, so that users can choose what to pay attention to.

The Trending feature is one of the key elements of our News Influence Score, a more sophisticated tool that tracks the dynamic correlation between public interest in an asset and its price. Though we still have a lot of work to be done, we are proud of what we have already done so far and we will keep fixing bugs and rolling out new updates.

How It Works

Trending helps to navigate through the amount of news, to find a way to the most important information, to deliver value to your time spending in the infosphere.

We show trending topics over 1d/7d/1m, on a daily basis, which allows identifying the most discussed topics during these intervals. The number of mentions is an absolute value, and the percentage change shows the difference between the common media presence of the topic and its statistics in the given period of time.

Currently, Trending provides news divided according to the key topics of the cryptoindustry:

Let’s Dive in Examples

Have a look for yourself and go over to our Trending Companies page, for example.

ConsenSys results in Trending

As you can see Consensys is currently the most trending topic today with 70 mentions a month across our sources. If you click it, you will be taken to the Consensys page in our aggregator. Here you can see a short description of the company and all the recent news articles that mentioned Consensys. You can hop over to any of the articles and search for ‘Consensys’ to make sure we count mentions honestly. We do not favor any asset, ICO or company and strive to deliver real data that you can make use of however you deem fit.

Let’s explore some more prominent cases. For example, a massive amount of news in October was about Fidelity and NXMH.

According to our preliminary research, the topic with the biggest positive change in October was Fidelity. When you come to its page, you will see that Fidelity, the world’s fourth largest asset manager, announced its plans to launch a cryptocurrency trading and storage platform. This news immediately gained massive attention of the community. This indicates that space craves for recognition from the big players of the money world and seizes every opportunity to hype up each step of the way to the institutionalization of digital assets, which some may find as the opposite of Satoshi’s vision. Nevertheless, after last year’s $20K bull-run that was in many ways caused by the introduction of bitcoin futures, this year may seem like a huge letdown to many and people are in desperate need for every little hint at the ultimate—and some hope inevitable—bull run. In any case, the truth is Fidelity is the top topic of the past month and the conclusions are yours to infer.

Another big topic this October was NXMH — admit that the name of this company may not look like familiar.The reason NXMH became trending is the purchase of Bitstamp, and in the context of this connection it is much more convenient to study the information on the market participant who gained even more importance. Bitstamp, one of the largest cryptocurrency exchanges, announced at the end of the month that it has been acquired Belgium-based investment company NXMH which in turn is owned by South Korean conglomerate NXC. The announcement is yet another possible indication of the growing institutional interest in digital assets. You may have missed this news if you are not a regular Finrazor visitor. But if you are, you can always go to the Trending section and see what’s currently hot in the space, for example, NXMH, a topic you wouldn’t otherwise have looked up yourself probably.

This two news was in the top because their percentage run up to thousands (namely, 5800% and 3400%). On other days indicators of trends hardly grew double or triple (as at the beginning of the current 45 week, for example), which also helps to draw a conclusion about the news background in general.

Screenshot of the main Trending page

On the one hand, trends help to find out the most important information in context using indicators of the popularity of news. On the other hand, they help not to miss the second most popular (perhaps not the least important) niche news.

The tool is new, we constantly calibrate indicators to provide accurate analysis. Feel free to contact us if you have any suggestions or questions.

Stay tuned!

Related news

ICO Fundraising Trending to Zero a ‘Healthy’ Sign, Says Fundstrat

ICO fundraising figures continue to slide downwards in 2019. Cryptocurrency token sales are down almost 90 percent from the figures obtained 12 months ago. Investor Interest in Token Funding Plummets According to data from ICObench, token funding continues to plummet. At the end of Q1 2018, ICOs had raised about $4.75 billion. However, from January 2019 till date, token offerings have only eked out a meager $575 million in comparison. Apart from being down almost 90 percent based on fundraising amount, the number of projects is also on the decline. December 2018 recorded 248 ICOs alone, meanwhile the total number seen from the start of the year till press time stands at 238. This 2019 decline is a continuation of the trend that began to emerge in the middle of 2018. In October 2018, Bitcoinist reported that ICO fundraising was at a 17-month low. token funding is trending toward zero, via @fundstrat — Rebecca Ungarino (@ungarino) March 17, 2019 Maturing Market, Increased Regulations, or Both? What could be the cause of the emerging trend in cryptocurrency fundraising? For Tom Lee of Fundstrat, startups in the crypto and blockchain space appear to be pivoting away from token sales towards equity raises. If Lee’s summation is indeed accurate then it could signal the emergence of maturity in the market, with projects looking towards utility and value creation rather than the ‘get rich quick’ ICO trend. Tom Lee Speaking to CNBC last week as part of a series of forecasts and market outlooks for cryptocurrencies in general, Lee opined: We believe 2019 is a year of repair, setting up for a strong recovery in crypto prices broadly in 2020. Any improvements in supply/demand dynamics is positive for prices and hence, the slowdown in ICO funding is a net positive. Sentiment is also quite muted, which is positive. Cryptocurrency Purge The lack of utility and value creation continues to be a major criticism of many ICO projects. While Bitcoin continues to find greater adoption across the world, many ICO tokens have failed to make any significant impact on the market. The reason for this failure is usually easy to deduce – it takes more than merely grafting a token to an existing business model and expecting it to become the “next Bitcoin.” Thus, commentators like Barry Silbert, CEO of Digital Currency Group even believe that most tokens will go to zero. Silbert’s opinion echoes those of Bitwise executive, Matt Hougan who expects 95 percent of cryptocurrencies to die out in a ‘purge’ akin to that of the dot-com era. If these predictions are correct, then the continued ICO fundraising decline may be a precursor to the start of the cryptocurrency purge. What do you think are the factors responsible for the decline in ICO fundraising since the turn of the year? Share your thoughts with us in the comments below. Image courtesy of Twitter (@ungarino), Shutterstock The post ICO Fundraising Trending to Zero a ‘Healthy’ Sign, Says Fundstrat appeared first on

Top Trending Cryptocurrency News of the Week: Coinbase and Mt. Gox Among Major Newsmakers

Key highlights Ex-Mt Gox Head Will Serve No More In Jail Hong Kong’s Gatecoin exchange shuts down Central Bank of Russia Plans on Limiting Cryptocurrency Trading Basel Committee Issues Warning to Banks for Cryptocurrency Risks Coinbase Custody Unveils New Cold Storage Cryptocurrency Trades Ex-Mt Gox Head Will Serve No More In Jail Well, another turn in the Mt Gox exchange hack case. A court in Tokyo has handed Mark Karpelès, the former chief executive of the collapsed Bitcoin exchange Mt. Gox, A 2.5 years of the prison sentence on Friday. This means Mark Karpelès will not be serving any additional time in the jail if he remains on good behavior. This verdict bought an end to more than a 5-year ordeal for Mr. Karpelès who was charged for falsifying data Hong Kong’s Gatecoin exchange shuts down Gatecoin, the Hong Kong-based cryptocurrency, has finally announced that it will be calling curtains to its operations after a court order and the bank account freeze. Last week, the court had granted a winding-up order against the company. Gatecoin stated that it will assist in the liquidation process in order to expedite the realization of its assets to the creditors. Central Bank of Russia Plans on Limiting Cryptocurrency Trading Apart from standing by innovation, the blockchain, and cryptocurrency, the Russian regulators especially the country’s central bank has planned to put a yearly limit on so-called “unqualified investors” who are willing and able to buy cryptocurrencies as reported by the media house RBC’s. The central bank also plans to change the existing draft digital currency bill, known as ‘On Digital Financial Assets,’ that passed the second reading in parliament – State Duma. Basel Committee Issues Warning to Banks for Cryptocurrency Risks Another news coming from the world banking authority, the Basel committee, which after citing the growth of cryptocurrencies as a risk to banks, has issued a warning to banks around the globe. Having released a statement this week, The Basel committee which is the part of Bank for International Settlement (BIS), released a statement stating that, the important risks the banks will be facing which were listed by a Swizz based think tank includes credit and market risks, money laundering risk, liquidity risk, terrorist financing risk, operational risk, and legal and reputational risks. Coinbase Custody Unveils New Cold Storage Cryptocurrency Trades Coinbase is back in news and this time for its Coinbase Custody service. According to the latest announcement, Coinbase Custody service is now directly integrated with the company’s newly launched OTC desk. Custody clients will be able to complete trades directly from cold storage, the company said in its release, adding that it was a service many of its users requested. The post Top Trending Cryptocurrency News of the Week: Coinbase and Mt. Gox Among Major Newsmakers appeared first on Coingape.

“I am pro all crypto” says Changpeng Zhao as he clarifies his thoughts on being called the “leader of the XRP Army”

The CEO of Binance, Changpeng Zhao has made clear his stance in the Ripple XRP community with an affirmative tweet that shows he is in full support of the growth and progress achieved by the XRP token. CZ who revealed that he was recently referred to as the “leader of the XRP army” had highlighted the importance of the XRP’s newest arrival on the Binance exchange official wallet, the trust wallet saying ; “The XRP army should be happy about this. Someone called me the leader of the XRP Army” during my live AMA lol…” The tweet referenced the inclusion of the XRP to the Trust wallet which the exchange acquired back in July 2018. On the 12th of March, the Binance team made a press release following the inclusion of credit card purchases and support for the XRP token. This means that cryptocurrency users can send, receive,  exchange and store the XRP token on the Binance Trust Wallet. It would be interesting to note that CZ had been eyeing the Ripple XRP token from as far back as February when he tweeted “can’t argue the XRP army is strong”. The CEO who has been very vocal about his admiration for the XRP network might have stepped on some Ether users foot when one Twitter user suggested that CZ seems to be anti-ether and pro-xrp. This isn’t a surprising suggestion as CZ, despite noting that he isn’t against any cryptocurrency has made very little comments about the Ethereum network and its native token Ether. However, the CEO was quick to refute that suggestion with a tweet that read “I am pro all top crypto”. Meanwhile, the likes of Ran NeuNer, a highly pronounced member of the XRP army has also been very vocal about the tokens growth. NeuNer who had previously urged crypto users to boycott BCH and BTC for XRP has recently taken to Twitter to commend the XRP for its flexible usage. While most would argue that BTC is still the most reliable cryptocurrency yet, NeuNer believes that XRP is not only faster but way cheaper than BTC. The post “I am pro all crypto” says Changpeng Zhao as he clarifies his thoughts on being called the “leader of the XRP Army” appeared first on ZyCrypto.

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