In financial markets, the uneven distribution of information comes hand in paw with the uneven distribution of economic power. The cryptocurrency market place is no exception, and oftentimes, those with insider knowledge or access to industry-grade data intelligence tools can put their digital avails to work in ways the everyday retail investor can't.

Nonetheless, regular traders tin profitably leverage publicly bachelor, marketplace-moving news if they are lucky enough to get to information technology before the remainder of the pack. Research suggests that sure types of news announcements — such as those related to staking, listings and partnerships — have the greatest potential to move crypto prices.

Last week, when word got out that two blockchain protocols had forged a partnership, the cost of both related tokens soared immediately. Was there a way for chief street investors to join the gains fest early?

The power of collaboration

In well-nigh cases, high-profile, market-moving partnership announcements feature a crypto protocol or associated asset on one side and an entity that is not represented past a digital token on the other — think of a nonfungible token (NFT) platform partnering with a summit sports club. Accordingly, at that place is usually but 1 digital asset that stands to do good from the news.

On Aug. x, yet, something quite unusual transpired. A collaboration between Filecoin and Nearly Protocol, which enables decentralized applications built on Near to integrate Filecoin-based storage, was announced, and the development resulted in considerable gains for both assets.

FIL price chart. Source: Cointelegraph Markets Pro

The declaration beginning appeared on Filecoin's blog on Aug. 10 at five:32 pm UTC, and the news took roughly three hours to reach Nigh'due south Twitter account. Nigh of those who are not in the habit of refreshing Filecoin's blog at least every hour would have to wait for the announcement to spread through their Twitter feeds to learn of the collaboration.

The toll of Filecoin (FIL) took off immediately after the first announcement went public (starting time aureate circle in the graph). At the time of the commencement post, FIL had been changing hands for $65.50, and by the fourth dimension the second notification landed (second golden circle), the altcoin had already rallied to $69. The side by side day, it reached $75, making for a pinnacle return of 12%.

Virtually price chart. Source: Cointelegraph Markets Pro

About Protocol's NEAR token was trading at $2.73 when the news broke, and past the fourth dimension the declaration had reached Twitter, the token had risen to $two.84. Roughly 48 hours after the initial post, NEAR hit $iii.42, which was an overall increase of more than than twenty%.

Gilt circles in the graph represent time points when subscribers of CT Markets Pro, Cointelegraph's data intelligence platform, received automated alerts of potentially cost-moving news announcements, known every bit NewsQuakes™. The first alarm came in under a minute from the original post on Filecoin's web log, giving its recipients a three-hour caput beginning before the news hit Crypto Twitter.

NewsQuakes™ is an bogus intelligence-driven system that automatically sifts through thousands of websites and social feeds to detect potentially market-moving developments moments afterwards they are publicized by principal sources.

Cointelegraph Markets Pro users receive an alert at a speed that often beats nigh other social and media sources where traders normally observe actionable news. In fact, NewsQuakes™ is the aforementioned service that writers at Cointelegraph (as well as those at our major competitors) utilize to track breaking stories.

Capitalizing on the rise of FIL and NEAR required a solid understanding of what synergies can emerge from the two protocols' collaboration and whether the marketplace will ascribe value to them.

All the same, information technology was equally important to larn the news apace and accept the time to act on it. While no algorithmic tool tin replace sound judgement, NewsQuakes™ can assist with the second role of the equation.

Cointelegraph is a publisher of financial information, not an investment adviser. Nosotros do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and behave significant risk including the gamble of permanent and total loss. By performance is not indicative of time to come results. Figures and charts are right at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial counselor earlier making financial decisions. Full terms and weather .