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.
Meta’s Stock Outpaces Bitcoin, Ethereum Falters in 2024
Meta's 48% YTD return surpasses Bitcoin's 34%, driven by strong market momentum. Ethereum struggles with a 9% YTD return, underperforming against major assets. Nvidia leads…
Polygon 2.0 Unveils AggLayer Protocol for Web3 Unification
Polygon CEO Marc Boiron announces AggLayer protocol to connect blockchain networks. AggLayer is part of Polygon 2.0, focusing on scalability and interoperability across Web3. The…
Bitcoin Price Plunge Sparks $601M ETF Exodus: Profit-Taking or De-Risking?
Bitcoin spot ETFs saw a significant net outflow of $601 million over the past week. Major funds like BlackRock and Fidelity led with notable withdrawals,…
IETH: Monochrome’s Bid to Launch Australia’s First Spot Ethereum ETF
Monochrome has filed for a spot ETH ETF with Cboe Australia. The firm expects a decision by the end of September. US Spot ETH ETFs…
Buterin Denies ETH Dumping as Foundation Cashes Out $240K
The Ethereum Foundation recently sold 100 Ethereum tokens worth $240,000. Users suspect Vitalik Buterin may be selling off his ETH holdings. Ethereum has been under…
WazirX Hackers Transfer $12M in ETH, Laundering via Tornado Cash
WazirX hackers transferred 5,000 ETH ($12M) after a $230M breach. $4M in ETH was funneled into Tornado Cash to mask transaction trails. Affected customers may…
FUD Grips AI Crypto Sector as DoJ Investigates Nvidia
The crypto market declined this week alongside a significant selloff in the stock market. AI tokens took a more significant hit, with most of them…
XRP Price at Crossroads: Bullish Breakout or Double Top?
XRP faces resistance at key price levels, hindering further gains. Potential for both a bullish breakout and a bearish double top pattern. Technical indicators provide…
Short Sellers Target XLM, 1INCH, TRX, But Risk Liquidations
Investors are massively shorting 1INCH, TRX, and XLM. These tokens might skyrocket once the shorts are liquidated. In the past seven days, 1INCH has outperformed…
Polygon & Solana Face Key Support Levels: Will They Hold or Fold?
Polygon (MATIC) tests critical $0.34 support with potential downside to $0.2328 if broken. Solana (SOL) shows a buy signal with potential rebound but risk of…
