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

“We are all Satoshi” Binance CEO Changpeng Zhao Opines

In a tweet on August 20, 2019, Changpeng Zhao (CZ), CEO of Binance cryptocurrency exchange said we are all Satoshi Nakamoto, Bitcoin’s creator. CZ’s remark was made months after he had outrightly stated that Craig Wright, an Australian computer scientist is not Satoshi. Changpeng Zhao Believes We are All Satoshi According to Changpeng Zhao, everyone in the crypto community is Satoshi Nakamoto. However, CZ did not take it one step further to elaborate what he meant by the statement. Nonetheless, Binance’s CEO had stated on April 12, 2019, that Craig Wright is not Satoshi. CZ had even carried out his threat to delist Bitcoin SV, a cryptocurrency backed by Wright, from Binance exchange. The crypto community, on the other hand, had different things to say while responding to CZ’s tweet. Some individuals unanimously agreed that they are Satoshi. A user, for instance, took it one step further to outline that anyone who holds 0.00000001 satoshis qualifies to be Bitcoin’s creator. Another said: “Exactly: “Who is Satoshi? We are Satoshi. The adopters. The doers. The builders. The believers. The users. The educators. The advisors.” #WeAreOne Everything else is just noise.” Craig Wright is Not Satoshi On the contrary, other members of the crypto space affirmed that Craig Wright is not Satoshi. Wright, on the other hand, has made several attempts in the past to make people believe he is Bitcoin’s creator. In April this year, the businessman filed a series of lawsuits against several members of the crypto space including Peter McCormack, a podcaster. Of recent, Wright uploaded a paper titled “Payments Providers and Intermediaries as Defined in the Law of the Internet,” to the SSRN database. The document is dated October 30, 2007, and contains the first line of Bitcoin’s whitepaper. However, findings carried out by McCormack revealed that the paper was submitted on August 18, 2019, and not 2007 as dated. In the same vein, the Microsoft Office 365 that was used to type the document was launched in 2011 and could not be used in 2007. Thus, these misgivings leave room to question Wright’s claims whether he is Satoshi. Jonathan Warren Reveals Some of Wrights Documents in Trial are Fake On the same note, Jonathan Warren, developer of peer-to-peer messenger Bitmessage recently testified against Craig Wright in the David Kleiman case. Warren’s testimony in the U.S. Southern District of Florida court reveals that some of the documents Wright submitted during the trial are fake. The latter was attributed to the fact that the date October 22, 2012, in Wright’s documents were prior to the launch of Bitmessage, a software Wright claimed to have used to send documents to Kleiman. The post “We are all Satoshi” Binance CEO Changpeng Zhao Opines appeared first on ZyCrypto.

Fidelity Charitable is Now Receiving Ripple’s XRP as Part of its Donations

Fidelity Charitable, an independent public charity foundation founded in 1991, is now receiving Ripple’s XRP as part of its donations. Also, the charity organization has received over $100 million in cryptocurrencies since it began accepting the asset class in 2015, according to its 2019 financial giving report. Fidelity Charitable Donated Over $5 Billion to Charity in 2018 Per the report, Fidelity Charitable was able to give more than $5 billion to charity in 2018. The funds were from the contributions it had received from over 200,000 donors around the world. While 47% and 37% of donations were made with publicly traded securities and cash respectively, 16% were made with non-public traded assets such as cryptocurrencies. However, unlike in 2015 where only four cryptocurrencies including bitcoin, bitcoin cash, ethereum, and litecoin were accepted, Fidelity Charitable now accepts XRP. According to the nonprofit organization, $30 million was received in crypto donations in 2018. On the other hand, almost $106 million was received since it began accepting crypto assets in 2015. Fidelity Charitable also said: “Though cryptocurrency values cooled off considerably by the end of 2018, they began the year at a peak. Fidelity Charitable ability to accept cryptocurrency donations, including bitcoin, allowed these donors to eliminate any capital gains taxes and give the full fair market value to charity.” Non-publicly Traded Assets’ Contributions Surge to All-time High  Furthermore, the organization revealed that contributions of non-publicly traded assets such as cryptocurrency, private stock, limited partnership interest, real estate, etc. surged to an all-time high. Specifically, these contributions spiked to $1.3 billion in 2018 unlike the $916 million in 2017. On the other hand, some areas which the funds were put to use were also outlined in the report. Some of these charities are Doctors Without Borders USA, American National Red Cross, The Salvation Army, and St. Jude Children’s Research Hospital. Others that also came in the top are Planned Parenthood Federation of America, Habitat for Humanity, and United Way. Blockchain’s Use in Facilitating Crypto Donations Of recent, the blockchain and cryptocurrency have aided the receipt of donations in several countries. Binance cryptocurrency exchange, for instance, created a pilot charity in February 2019. The Malta-based exchanged used Zcoin’s blockchain for the pilot to provide healthy food for students in Uganda. In the same vein, IranRescueBit, an Iran crypto community created an online platform that will enable donations to be received in cryptocurrency. The aid is targeted at flood victims in Iran, a country that has been sanctioned by the U.S. The post Fidelity Charitable is Now Receiving Ripple’s XRP as Part of its Donations appeared first on ZyCrypto.

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