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.
Altcoin Rally: AVAX Targets $33, TON Eyes $6.33, and WIF Poised for 145% Gain
Several altcoins, including AVAX, TON, and WIF, are surging in price, indicating a potential upswing in the crypto market. This price surge is driven by bullish trading patterns and positive...
Binance Helps Indian Authorities Crack $47M Crypto Gaming Scam
Binance exchange, shared details on its role in helping India’s Enforcement Directorate (ED) investigate and dismantle a fraudulent online gaming platform, Fiewin. The operation resulted in the arrest of four...
TUSD Case Settled: TrustToken, TrueCoin Pay Up to the SEC
The Securities and Exchange Commission (SEC) has settled charges it had leveled against Trust Token and TrueCoin, the California-based companies accused of defrauding users with the TrueUSD (TUSD) stablecoin. Both...
Investors are Ditching Ethereum for Solana: Here’s Why
Over the past three months, net capital flows in the crypto market have shown notable trends, as posted by MartyParty on social media. The data reveals that Solana recorded the...
BONK’s Bullish Momentum: A Breakout Could Ignite a Massive Rally
BONK is showing signs of a potential breakout, according to crypto analyst Sheldon The Sniper. He suggests that the meme coin is currently in an accumulation zone, trading below a...
Justice Served? Caroline Ellison’s Role in the FTX Scandal and Her Sentence
Caroline Ellison, former CEO of Alameda Research, received a two-year prison sentence for her role in the FTX scandal. She appeared in a Manhattan federal court on Tuesday, following her...
The Sandbox’s Metaverse Expands: Alpha Season 4 Offers Rewards and Experiences
The Sandbox has officially revealed the arrival of its highly anticipated Alpha Season 4. The upcoming season will span 10 weeks and feature more than 100 experiences. Additionally, the platform...
Core Scientific Leads Bitcoin Mining Stocks with 248% YTD Gain
Bitcoin mining stocks have seen mixed results in 2024, but Core Scientific (CORZ) chose to be an exception; with the company registering a 248% YTD gain. They also secured a...
Turkey Scraps Stock and Crypto Taxes, Easing Investor Concerns
Cevdet Yilmaz, the Vice President of Turkey, has stated the government is not planning to introduce a tax on profits from stock trading or crypto assets this year. Speaking to...
SEC Faces Backlash Over Alleged Misconduct in Ripple Case
Although Ripple’s legal dispute with the U.S. Securities and Exchange Commission (SEC) has concluded, it continues to attract attention. Prominent attorney John Deaton recently claimed SEC lawyers engaged in intentional...
MicroStrategy’s Bitcoin DCA Strategy Yields 62% Return
Crypto market analysis platform Simply Bitcoin has pointed out MicroStrategy’s Bitcoin buying pattern, showing the investment giant has bought over $10 billion worth of Bitcoins in the last four years....
WazirX’s Tarnished Reputation: A $230M Hack and a Botched Response
Pseudonymous crypto trader Mystery of Crypto has blasted WazirX’s response to the security breach that cost over $230 million in digital assets. The trader said that, unlike other exchanges that...
CZ’s Release Sparks BNB Bull Run: $600 Target in Sight
Binance founder Changpeng Zhao (CZ) will be released from prison on September 29, potentially driving BNB’s ecosystem to new heights, with price forecasts eyeing $600 and beyond. Market watchers think...
Australia’s RBA Holds Steady on Rates, Optimism on Inflation Fight
The Reserve Bank of Australia (RBA) has held its interest rates steady for almost a year now, showing confidence in the country’s fight against inflation. Even with concerns about high...
TON DEX Activity Soars, STON.Fi Dominates as Investor Interest Grows
The TON network has recorded a remarkable surge in activity driven by a rising number of addresses and transactions on decentralized exchanges (DEXs), per CryptoQuant’s analysis. This points to increased...
DWF Labs to Launch High-Yield Synthetic Stablecoin with Omnichain Capabilities
DWF Labs is getting ready to launch its synthetic stablecoin product between late 2024 and early 2025. This new stablecoin aims to give investors enticing annual percentage yields (APYs) that...
TRON’s Daily Active Accounts Surge 0.56%, Justin Sun Announces TRX Airdrop
TRON’s daily active accounts have surged to an average of 2.62 million over the past month, according to TRONSCAN data. TRON founder Justin Sun has also announced an airdrop for...
Coinbase to Safeguard Sui Treasury as TVL Nears $1B
The Sui Foundation announced over X that it has chosen Coinbase Prime for custody and treasury management services for the Sui Network. This move means that Coinbase and BitGo will...
Cardano’s ADA Eyes $1: Bullish Analyst Predicts Surge
ADA, Cardano’s native token, could reach $1 by the end of this cycle, says ADA bull and crypto analyst Dan Gambardello. For Gambardello, the token has set up a “great...
Render and Algorand Break Downtrends, Signals Bullish Reversals
Render (RNDR) and Algorand (ALGO) have broken free from downtrends, signaling a bullish reversal for both. Render (RNDR) hints at an upward move since breaking through a key downtrend line....
Google Cloud and Solana Labs Partner to Launch GameShift for Web3 Gaming
Google Cloud has teamed up with Solana Labs to launch GameShift, a new Web3 infrastructure platform specifically designed to support gaming applications. GameShift, now available on Google Cloud Marketplace, gives...
Coinbase Expands Offerings: COW, WELL, and CATI-Perp Added
Coinbase, the largest US-based digital asset exchange, is adding CoW Protocol (COW) on the Ethereum blockchain, Moonwell (WELL) protocol on Base, Moonbeam, and Moonriver, and perpetual futures trading for Catizen...
SUI Surges 60% in a Month, Approaches $900 Million TVL Milestone
SUI, the native token of the layer-1 blockchain platform Sui, hit a major milestone reaching a total value locked (TVL) of over $900 million. Host of the Altcoin Buzz podcast...
Vitalik Buterin Champions Solo Stakers at Home Staking Summit
At the Home Staking Summit, Ethereum founder Vitalik Buterin shared his views on solo staking and its potential to enhance the Ethereum network. Buterin engaged in a fireside chat with...
Bybit’s Islamic Accounts: Faith-Based Crypto Trading
Bybit, the fourth-largest digital asset trading platform by spot volume, launched the first crypto Islamic account. This is a big step for other exchanges and the digital asset sector to...
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