Why is Crypto News Important?

Many times people assume that unless the price of crypto is going up that there is not big news going on. However, there are always brand new developments in cryptocurrency that are extremely interesting. Behind the scenes, big things are happening. The groundwork for a new future is being laid right now. When you take some of the bigger picture stories & start unraveling them, you will see how many important things are happening right now.

Cryptocurrency is the undercurrent running beneath many world events. However, the general interest level in bitcoin & crypto depends heavily on the price. If you follow Google trends in Bitcoin, it almost exactly mimics the price charts. Crypto is very unique because people come into crypto and out of crypto based on the price. So there are constantly people who need to understand what has happened since the last time they were interested.

Crypto news is very important because it helps us to be able to fill in the gaps for those people. One of the most interesting stories in crypto continues to be Facebook’s Libra Coin saga. Cryptocurrency news has to do with fundamental analysis (FA) as opposed to technical analysis (TA). The bottom line is that people are interested in cryptocurrency because of financial reasons whether strictly through investing or to improve profitability with blockchain technology