Market News
Welcome to CoinEdition’s page for Market News! On this page, we’ll talk about all the latest developments in the cryptocurrency and blockchain market. CoinEdition ensures that you, our readers, are up to date with Market News happening 24/7 and from all over the globe. Market News, by definition, is important because these developments can quite literally affect the state of the market and thus your investments. Therefore, it is our responsibility at CoinEdition to compile all the Market News for posterity’s sake and for the sake of your investments. Therefore, grab your Press Releases and Announcements, and let’s dive into the shaky but exciting world of Market News here at CoinEdition.
Nigeria Freezes $716K in Crypto, Blames Platforms for Naira Devaluation
The Nigerian court ordered the freeze of N548.6M belonging to suspected crypto users of Bybit and KuCoin. The EFCC obtained the court order against crypto…
Popcat (POPCAT) Outperforms Market, Gains 5% Ahead of Kraken Listing
Kraken confirmed that it would list POPCAT on September 12th. POPCAT surged more than 5% and is trading at $0.6559. POPCAT is expected to trade…
eToro Pays $1.5M SEC Fine, Limits US Crypto Trading to BTC, BCH, ETH
eToro limits U.S. crypto trading to Bitcoin, Bitcoin Cash, and Ether post-settlement. SEC settlement pushes eToro toward compliance with U.S. federal securities laws. eToro's case…
Is Your USDT Safe? Consumer Watchdog Raises Concerns About Tether
The Consumer’s Research report claims Tether lacks transparency. Tether fails to submit a full audit of its USD reserves that back the USDT stablecoin. Though…
Will XRP Surge Again After the Bitcoin Halving?
XRP has historically surged after Bitcoin halving events, raising expectations for 2024. XRP's price may rise after the 2024 halving, influenced by market sentiment and…
Crypto Market Calm Before Fed Rate Decision, 25 Basis Point Cut Expected
Markets stayed calm as investors focused on a likely 25 basis point rate cut at the upcoming Federal Reserve meeting. FedWatch indicates an 87% chance…
Bitcoin Drops and Recovers as Harris Polls Surge Post-Debate
Kamala Harris’ odds of winning the presidential election surged after the recent debate. Harris' winning odds stood at 50% against Trump's 49%. The recent debate…
Binance Backs Firo Upgrade: Price Surges 3% to New Highs
Binance supports Firo’s upgrade, sparking a 3% price surge amid positive market sentiment. Firo upgrades to shift block rewards, reflecting community-driven tokenomics and decentralization. Firo’s…
Bitcoin Buy-Sell Ratio Soars on Kraken and Coinbase: Bullish Signal?
Kraken and Coinbase lead Bitcoin accumulation, with buy-sell ratios of 250% and 123%, respectively. Larger Bitcoin trades on Kraken and Coinbase suggest strong activity by…
XRP Price Slips on Political Uncertainty and SEC Appeal Speculation
XRP price declines 1.02% amid U.S. political tensions and debate outcomes. Senator Elizabeth Warren's anti-crypto stance draws backlash from the community. SEC appeal speculation continues…
