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.
Elon Musk Introduces DOGE Mascot for U.S. Government Efficiency Dept.
Musk names Shiba Inu dog as mascot for his proposed Department of Government Efficiency (DOGE). U.S. court dismisses claims against Musk, reinforcing his influence in…
Short Sellers Fuel Potential Price Spikes for MANA, GRT, and AAVE
MANA, GRT, and AAVE accumulated significant short positions, potentially setting the stage for further price gains. Funding rate data reveals that most traders are betting…
Hong Kong Solidifies Crypto Hub Status with Bitcoin ETF Growth
Total Bitcoin holdings across three ETFs grew by 15.7%, reaching 4,500 BTC by September 2024. Bosera HashKey leads in AUM at $124.8M, while Harvest BitcoinSpot's…
Saylor: Bitcoin’s Liquidity is Key, Predicts $13M Price in 21 Years
Michael Saylor considers Bitcoin a more global open capital market. The MicroStrategy Chief predicts $13M BTC price in 21 years. Macroeconomic factors reflect bullish Bitcoin…
Vitalik Buterin on ENS: “Great” and PayPal, Venmo Integration Boosts Adoption
Vitalik Buterin defends the Ethereum Name Service as a valuable tool. Brantly Millegan warns Buterin about backlash, leading to playful exchanges and debates on PoW…
Kamala Harris’ Rising Election Odds Impact Bitcoin and Altcoins
VP Kamala Harris overpowers Donald Trump in betting odds on the presidential election. Though Bitcoin dipped to a daily low yesterday, it recovered recently, marking…
Bitcoin Eyes $60K, Ethereum Targets $2,400: Can the Rally Last?
Bitcoin's surge to $57.9K tests resistance, and breaking through could lead to $60K. Ethereum faces resistance at $2,375, and a breakout may signal continued bullish…
Bitcoin Poised for Rally as Reserves Dwindle, Stablecoins Rise
OnchainTerek highlighted that stablecoin reserves are increasing. The analyst also confirmed that Bitcoin reserves are on the decline. With the market supply tightening, Bitcoin will…
Bitcoin Funding Rates Plunge: Is a Market Correction Coming?
The CEX and DEX funding rates have turned negative and continue to fall. The funding rate of BTC on Binance was -0.0094% while on dYdX…
Memecoin Bull Run: Dogecoin, Shiba Inu, Pepe Lead the Charge
Dogecoin shows strong recovery, with $0.0998 as key support and $0.103 resistance. Shiba Inu shows stability, with key support at $0.0000130 and resistance at $0.0000134.…
