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.
Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices
LUNA, LUNC, and USTC are the three cryptocurrencies linked to Terraform Labs. All three Terraform ecosystem tokens show variations ahead of the bankruptcy hearing. The…
IDA Raises $6M to Launch Hong Kong Dollar-Backed Stablecoin
IDA raises $6 million in seed funding to develop its first fiat-referenced stablecoin, HKDA. Major players, including Hashed and CMCC Global’s Titan Fund, back the…
Bitcoin’s September Curse: Can 2024 Be Any Different?
September has been Bitcoin's worst-performing month, with an average return of -5.36%. Bitcoin saw positive returns in September only four times in the last 13…
LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
Whale buys 4,192 ETH for $10.43 million, staking it in Lido and RocketPool. Previously the investor secured a profit of $5.16M by shorting BTC during…
Crypto Market Movers: ORDI, SEI, DYDX, WLD, and STRK
Crypto market sees mixed trends as ORDI, SEI, DYDX, WLD, and STRK experience notable shifts. Market volatility persists with significant price fluctuations across major altcoins.…
Bitcoin’s Key Support Levels Under Pressure as September Begins
Bitcoin faces bearish signals after losing $62K, with key support at $56K-$64K being tested. Market cautious as Bitcoin's technicals weaken, caught between liquidity and economic…
Analyst Predicts Sideways Movement for Bitcoin in September
Willy Woo states that Bitcoin sell-offs are now being absorbed by the market. He predicts another month of sideways for the cryptocurrency. Bitcoin is currently…
XRP Whales Trigger Excitement: Price Rally Yet to Follow
XRP Whales recently withdrew 806 million tokens from crypto exchanges. Whales’ actions suggest belief in XRP’s long-term potential. The community’s bullish speculation is yet to…
South Korea Probes Telegram Over Deepfake Sex Crimes
South Korea launches investigation into Telegram's alleged role in distributing explicit deepfake content. Telegram founder Pavel Durov was recently arrested in France over failure to…
Japanese Financial Giant SBI Backs Metaplanet’s Bitcoin Push
Metaplanet partners with SBI Holdings to boost its Bitcoin accumulation. The alliance intends to support Metaplanet’s Bitcoin trading, storage, and management. SBI Holdings aims to…
