Many readers are already aware that the crypto market is ridden with elements of volatility. One day the price of a single Bitcoin may be $20K and the very next day its value may drop by over 5%.
Knowledge of current events within this market sector is a must— especially if an individual is a cryptocurrency investor or day-trader.
One should also bear in mind the fact that most dips and rallies are a direct consequence of positive or negative news surrounding a digital asset. Thus, for smartphone users, the excuse that “I was not aware” simply doesn't cut it.
Best Mobile Apps For Cryptocurrency News & Updates
In this article, we will take an in-depth look at some of the best news apps that have been designed to gather pertinent stories associated with Bitcoin, Ethereum, Litecoin and all of the other major crypto players available in the market today.
So without any further ado, let's get into it..
1. Crypto Dev — All Crypto News
The name pretty much spells out everything one needs to know about this platform. The app is an excellent source for aggregating the most relevant news pieces pertaining to the world of crypto in one place.
In terms of its functionality, the app allows users to select certain news articles which then automatically tailor our reading preferences and habits. Additionally, All Crypto News makes use of a wide array of legitimate news sources, thereby allowing us to access the best crypto data through our handheld devices.
Lastly, All Crypto News has been designed to keep track of certain fiat currencies such as:
To download the app, users can visit the Android Play Store and follow the instructions outlined there.
2. Delta Forces — Cryptocurrency News And Tips
This powerful tool is designed exclusively for android smartphones. It comes packed with over 30 relevant news sources all of whom can be accessed with the simple touch of a button.
Additionally, the developers of this app have installed a special notification module that enables users to receive updates in real-time. This helps us stay informed as well as allows us to make wiser investment choices.
Lastly, one of the most underrated features of the Cryptocurrency News and Tips App is that it lets us know about active ICOs and other crypto projects that are scheduled to go live soon.
3. Ivo Stoyanov— Cryptocurrencies: Prices, News, Portfolio
One of the best and most trusted apps in the market today. Ivo’s currency tracker is designed to allow users to receive:
- Up-to-date coin prices
- Current/Breaking news events
- Personal portfolio value tracking.
Also worth mentioning is the intuitive UI of this platform which is easy to operate and also allows customers to seamlessly toggle between three different sections of the product.
In terms of its core features, the app comes loaded with a:
- Cryptocurrency price tracker and ranker (market cap)
- Portfolio manager
- Altcoin viewer— all one has to do is enter the name of the desired currency and pertinent information related to the coin is displayed on one’s screen
- Live asset module
- Online reader that derives news pieces from sources such as CryptoCoinNews (CCN), Coindesk, Cointelegraph, BitcoinExchangeGuide.
As a result of the aforementioned features, users are able to receive updated market prices, thereby allowing them to make smart value based decisions.
Lastly, the app is absolutely free and comes with no hidden charges. It can be downloaded from the Google Play Store easily and the installation process should take no more than 2-4 minutes.
4. CADO Team — Crypto Crunch
Crypto Crunch is one of the most revered and highly rated crypto apps on the internet today. It not only covers a host of popular cryptocurrency news but provides users with breaking stories that are derived from Twitter handles, Reddit, Telegram, Discord and other modern social media channels.
Some of the other core features of this app include:
- Instant cryptocurrency news updates
- Real time alt-coin price tracking
- Insightful cryptocurrency market analysis from top industry experts.
Owing to the aforementioned features, Crypto Crunch is perfect for day traders, investors and other casual enthusiasts as it provides them with cryptocurrency data from best and most trusted news sources.
Lastly, it helps traders avoid common mistakes by allowing them to receive first-hand information that is backed by citable sources. To download the app, users can visit the Google Play store and follow the instructions outlined there.
5. ZGTech — CryptoCoin News and Events
CryptoCoin News much like all other quality news aggregators provides users with up-to-date info from some of the most trusted news sources on the planet.
Additionally, the app also tracks
- Live twitter updates from respected altcoin analysts in the market.
- Live price charts of various cryptocurrencies.
- Detailed accounts of different upcoming ICOs.
6. TooDoo Studios — Cryptocurrency Market Data App
This is another highly recommended app that many crypto users seem to be excited about. It comes loaded with “trigger” features that enable users to set defined market prices so that they can get the best possible trade deals.
Owing to its various unique exchange modules, this app is perfect or day-traders as well as bulk investors.
Apart from alerting users about live token price changes, the app also aggregates relevant news pieces from all across the web in real-time.
7. Marwaha Labs — Bitcoin News & Cryptocurrency News by Marwaha Labs
Introduced into the market last year, this app provides customers with all of the latest updates taking place within the cryptoverse. It makes use of a live news-feed that is connected to media portals associated with Bitcoin and other alternative cryptocurrencies.
Additionally, the app presents users with well-arranged news headlines so that users can scan through live news without having to go through each article separately.
It also filters out viewed items from unread updates, thus allowing us to avoid repeated news stories. Other than that, the app also delivers:
- Detailed analysis of cryptocurrency prices and daily volumes.
- Live asset tracking
8. PIIYM Labs — Cryptonomy Crypto Tracker
Referred to online as a “one-stop app” for all our cryptocurrency needs, Cryptonomy provides users with a wide range of information pertaining to alt currencies.
It gathers news from specialised sources including
- Discussion Forums
- Trusted websites such as BitcoinExchnageGuide, CoinTelegraph etc.
When using the app, customers will find that in addition to providing them with live news and price updates, Cryptonomy also delivers educational pieces related to:
- Cryptocurrency investments
- Blockchain Technology etc..
Also, the design of this app is extremely pleasing to the eye and allows users to easily navigate through different sections contained within the platform.
Lastly, Cryptonomy allows users from all across the globe to come together and interact with each-other via its social media portal. To acces cryptonomy visit
9. All Tech Media — CryptoFisher
This app is geared towards providing users with cryptocurrency news organized as per different categories. What this means is, if one is interested in reading about Ethereum, this app will provide all of the news that is available in relation to that cryptocurrency under one heading.
It should also be noted that CryptoFisher is quite easy to use and non-resource intensive. The app comes with a push notification feature that alerts users promptly when a viral update is posted online.
10. Mdev EU — Bitcoin News
Last but not least, we have Mdev’s Bitcoin News app.
One can think of this product as a crypto filter that weeds out breaking stories and other trending news articles related to the crypto domain.
Additionally, the app also comes with a ticker that follows real-time activities associated with BTC, ETH, and ZEC. From the standpoint of news aggregation, the app frequently updates its stories from sources like Bitcoin.com, Coin News Asia, Coin Telegraph, etc
It is also worth mentioning that Bitcoin News automatically stops live updates as and when our battery performance dips beyond a certain point. This helps us conserve our power and promotes maximum smartphone usability.
While the above mentioned platforms provide users with quality news, it should be mentioned that many of these platforms also come loaded with a lot of promotional content that is usually paid for by interest groups.
When choosing an app, one should look at its core features and then decide which one to go with.
Ultimately, the decision to make an investment lays with us and no news app can be trusted 100% in this regard.
Bitcoin Volumes Finally Grow Again and Bitfinex/Tether Issues Spark Systemic Risks, New Diar Report Affirms
Diar has recently published its report of the crypto market for April. According to the company, Bitcoin volumes are finally growing again and the whole situation with Tether and Bitfinex showed the industry some of its systemic risks. DAI fee hikes and stablecoin projects were also highlighted in the report.
Bitcoin Goes Back To Growing Again
The main highlight of the month is, obviously, that Bitcoin is back on the action. After facing lows which started in 2018, the token has finally been able to effectively reverse the trends and have an actual price surge this month, going from less than $4,200 USD to over $5,200 USD during this short timeframe.
With this, the number of on-chain transactions has spiked for three months in a row, since prices started to get some of their value back in March and April. Now, transaction volumes are around their levels in June 2018 when the price of the asset was around $7,000 USD.
However, charts indicate that Bitcoin is yet to find more footing outside of speculative trading, so the bull market may not be as near as some think.
When looking at the volume of the whole quarters, Q1 2019 had lower volumes than Q4 2018, but Q2 2019 started considerably well.
Bitfinex and Tether Start Concerns of Systemic Risks
As you may have heard, Bitfinex was accused of using Tether funds to cover up its losses. According to Diar, there is a 26% shortfall of in-cash reserves to back Tether tokens (USDT). Tether loaned $850 million USD to Bitfinex to cover up losses and its general counsel Stuart Hoegner has affirmed that the company is operating with fewer reserves than the total market cap of the token.
This happened because Bitfinex had the $850 million USD “seized” by Crypto Capital, one of its payment processors. Unless Hoegner is lying, though, the company had the assets to back the stablecoin until recently.
While it is clear now that Tether simply does not have the money to back the funds, people simply keep buying the tokens. Now, instead of all cash, some shares of Bitfinex are being used to represent the rest of the value, which makes the stablecoin enter securities territory for the first time.
Curiously, the markets are all very tolerant now since the prices are still stable but the systemic risks are clear, especially if other companies are to follow Tether’s path.
DAI Hikes Fees Once More
Another situation highlighted by the reports is that DAI has decided to upgrade its stability fees once again as the community is desperately trying to make the prices of the so-called stablecoin go up again. DAI tokens are being sold for less than $1 USD, their official price, on secondary markets.
At the moment, the fees are 16.5%, after increasing three times in only one month. Before April, the fees were only 7.5%. This has resulted in a decrease of 4.9% in the circulation of DAI tokens.
Stablecoins Eye Wider Use Cases
Gemini and Harbor, a A16Z tokenized securities platform, have started a partnership in order to get more clients for the Harbor stablecoin. However, this was deemed “too soon” by Diar, as Harbor does not have any known token right now. The only one the company had was canceled.
TrustToken is also trying to get more stablecoins on its list, especially the ones that are not focused on USD, but on several other fiat currencies like HKD, CAD or GBP instead.
#DropGold Campaign to Hit Your TV, Here’s A Breakdown of the Underlying Bitcoin Message(s)
Grayscale, a leader in digital currency investing, launched an ad on Wednesday, May 1, telling investors that money should be contributed to Bitcoin holdings as opposed to gold. In a number of interviews, CEO of Grayscale’s parent company (Digital Currency Group), Barry Silbert and Managing Director of Grayscale, Michael Sonnenshein, have since expressed the underlying message of the ad.
The #DropGold Ad
According to news outlet, U Today, the ad starts off with a man holding gold bars in his arm, which he decides to drop. While doing so, a woman also does the same. Throughout the ad, people supposedly have their gold bars stacked in shopping carts, while “losing their gold coins.” Watching what’s about to unfold, the two individuals try to find their way out.
Advertising Bitcoin or Grayscale’s Services?
Despite being the one to have introduced this campaign, Silbert argues that it isn’t entirely about Grayscale services, but rather said services being a result of consumers’ decision. Yahoo Finance has since quoted the following comment made by Silbert himself:
“We do not see this as a Grayscale commercial. For us #DropGold is our ‘Got Milk’. This campaign is first and foremost focused on starting a conversation about bitcoin vs gold. If the ad makes people want to get into Bitcoin, we’re completely indifferent about how they go about doing it.”
Having said this, the commercial is evidently portraying Grayscale as an option, as towards the end, one is told, “Go Digital. Go Grayscale.”
Silbert’s and Sonnenshein’s Arguments Regarding Gold’s Limitations
Silbert believes that this campaign works towards addressing the fact that Bitcoin can serve as an equal asset class as gold, if not better. In particular, he was quoted saying, “But now you have Bitcoin, which, in our opinion, provides all the same attributes as gold – it’s fungible and scarce and you can’t counterfeit it – but the big difference is that Bitcoin has utility. Gold doesn’t have much utility beyond jewelry.”
He further argued that the goal here isn’t to replace fiat currency for shopping purposes, but rather to show the world that Bitcoin does a better job at doing gold’s job and this will be evident in the long run. Although he has acknowledged Bitcoin’s volatility as being concerning, he is hopeful that it will one day serve as both an ideal utility token and store of value.
As for Sonnenshein’s viewpoint, he sees this ad as revealing the “absurdity” associated with gold. More specifically, he said:
“We’re going after a narrative around gold being where investors should go when markets turn south or as a hedge against inflation […] we’re highlighting the absurdity of gold.”
As per The Block Crypto, Grayscale also tries to convince investors that the return earned from redistributing 5% of gold to Bitcoin will be greater than 5% yearly.
What are your overall thoughts on this ad? Did it leave you asking yourself, “Why did you invest in gold? Are you living in the past?” Share your thoughts below!
Huobi Pro Bitcoin Exchange: Cryptocurrency Asset Trading Platform?
Huobi Pro Cryptocurrency Exchange
Founded in 2013, Huobi Pro allows for a myriad digital currencies to be exchanged, at a 0.2 percent trading commission. Loyal users point to the low fees and stellar service that make the exchange stand out above others.
Although pitched at dedicated cryptocurrency enthusiasts since the site doesn’t accept fiat currencies many who enter the realm on the back of fiat end up at Huobi Pro, largely due to its diverse offering and favorable fee structure.
Huobi Pro in A Nutshell
A victim of China’s clampdown on digital currencies, the company might be registered in the Seychelles, but was originally founded in Beijing. As testament to the broad appeal of the platform, after the Chinese regime effectively banned all things crypto at the beginning of 2018, trading volumes have only grown.
While at first very much a Chinese company looking at the home market, Huobi Pro has been forced to find a wider marketplace on the international scene. Indeed, even prior to the official cessation of altcoins and their trading, the company heard the rumblings in 2017 and took its cryptocurrency interests abroad.
Huobi now provides exchange services to users in over 130 countries. Company offices are located in the USA, Korea, Japan, Singapore and Hong Kong. Although the Huobi Group also owns and manages the Huobi Autonomous Digital Asset Exchange (HADAX), Huobi Pro is more of a pure “login and trade” exchange.
Users can employ network tokens to cast votes on adding new altcoins on HADAX. On the Huobi Pro exchange, a simplified offer encompassing all of the mainstream altcoins greets visitors. Some more popular coins offered are Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), NEM (XEM), NEO (NEO), Qtum (QTUM) and Ripple (XRP).
That said, when one actually tallies the number of altcoins available for exchange, it becomes apparent why loyal followers value the site. A marriage of both simple ease of use and diversity in trading, the platform is largely welcomed by newcomers and experienced enthusiasts alike. In the current melee of regulation being contemplated, implemented and tweaked all the while, some users may be precluded from trading on the exchange based on their country of residence.
Huobi Pro accepts the funding of accounts only in digital currencies, and accepts deposits in any of its listed altcoins. Unlike other exchanges that have opted for a midway between crypto and fiat, Huobi Pro traders deal strictly in digital coins at every point of a transaction. Funds need to be withdrawn to a wallet, and fiat users looking to buy in will have to establish a wallet first in order to fund their Huobi Pro trading account.
Traders pay a maker or taker fee of just 0.02 percent using the exchange. There are more detailed offers, worth looking at for daily traders with volume.
Huobi Pro Membership Levels
VIP users get preferential platform trading fees if they buy the privilege with Huobi tokens. The Huobi Token (HT) was never an ICO token, but rather a system token that users only obtain by buying “Point Cards” on the Huobi Pro platform. Point Card is essentially a pre-paid Huobi card that keeps users liquid on service fees. One HT = 1 USD, therefore one “point” = 1 USD. The more points purchased, the more free points are added, although savings on 1000 points, for example, means only 10 HT for free.
Huobi Global minted a fixed total of 500 million tokens, with 300 million employed to facilitate the in-house VIP structure. A mark of the business group behind the platform is seen in their practice of buying back-sold tokens from the open market each quarter. Not only that, but those funds go towards the Huobi Investor Protection Fund (HIPF).
This is a planned fund that will compensate investors who suffer platform disruption and subsequent losses. It’s a tool that minimizes risk, smooths out the market overall and also goes towards protecting investor interests. This transparent and pleasing aspect of the platform is one reason traders have confidence in the exchange, and its popularity is rising worldwide.
By way of example, in order to glean a VIP status, a trader will pay 120 HT a month for First Level membership. This enables a 20 percent discount on trading fees. Running through toward the top end, a pricier option of 6,000 HT a month secures a 50 percent discount on fees. Overall, a diligent trader can optimize the system and come out with a substantial discount on the already low 0.02 percent base offer.
The company charges no fees to deposit funds, but there are withdrawal fees. Although there are reviews online listing withdrawal fees, it appears that, especially within the membership structure, users are advised to ascertain exact fees when establishing their account. Likewise, transfer limits need to established upfront to avoid disappointment later. There exist order size limits on the platform too, again becoming more malleable as one moves up the ranks of the VIPs.
Security And UX On Huobi Pro
All of the standard protocols including two-step Google Authenticator verification are at play on the platform. Unlike many other exchanges that offer a simple crypto-exclusive platform, Huobi Pro will need your personal details in the form of a passport copy and chat room comments are not devoid of complaints, although almost all of them take issue with the structure of the platform and its potential pitfalls. There are few allegations of lost funds or other negligence on behalf of the company. On the whole, Huobi Pro seems to be rubbing off its decidedly corporate ethos onto the exchange – good news for traders overall.
Another serious boon for the cryptosphere as a whole is that over 98 percent of holdings are stored in an offline cold wallet or vault. Imbued with a strict customer service ethic, the platform probably sports the best customer service to date for crypto exchanges. Available 24/7 365, there is a live chat option onsite.
The platform intel is sufficient although newbies might have to scratch to paint a clear picture of how exactly everything works. The FAQs are thoughtful and, again, testament to a polished offering. Huobi used to be one of the biggest Chinese crypto exchanges, based in Beijing. Started by entrepreneur Leon Li in 2013, since the move there has been mutual appreciation of its value. Worldwide users have taken to the exchange, as it too realized that it had global appeal.
Huobi Pro Conclusion
Huobi claims to have exceeded BTC 500,000 in daily trading approaching 2014. Although only in its fifth year, that’s a long time in cryptocurrency. Although frequently accused of embellishing trading volumes, these allegations have never been proven. In comparison to other digital exchanges that have suffered persistent user complaints and even been shut down due to criminal activity, Huobi Pro shines.
As an offering, it has low fees, great diversity and an unbeatable crypto-energy. No trader on the platform feels like they’re missing out on something else somewhere else, by most accounts. Possibly due to their prior involvement in the fintech world, the platform got it right first time around and user numbers prove it. The company Huobi also owns another trading platform, BitYes, more focused on USD/BTC and USD/LTC pairs trading. Great customer service and minimal technical glitches have made it appear positively top-tier, again in comparison to less polished outfits.
With a detailed offering, great client liaison – very unusual for most digital exchanges so far – and no legitimate proof of anything even vaguely dark hanging about them, the Huobi Pro project is recommended. Users are advised to always ascertain costs prior to trading – not hard with the customer support in this case – and sample a platform with small trades before trading greater amounts. To learn more, you can head to their official website: huobi.pro