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.
Institutional Investors Flock to Ethereum, Betting on DeFi and Long-Term Growth
Institutional investors are pouring funds into Ethereum (ETH), drawn to its leading position in decentralized finance (DeFi), stablecoins, and tokenization. With its established presence and ongoing development, ETH is becoming...
UAE to Introduce Legal Structure for DAOs, Strengthening Crypto Hub Status
The United Arab Emirates (UAE) is preparing to launch a legal framework for decentralized autonomous organizations (DAOs). The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone,...
Terraform Labs Co-founder Do Kwon Extradition Approved by Montenegro Supreme Court
Montenegro’s Supreme Court has ruled that Terraform Labs co-founder Do Kwon is eligible for extradition, according to a local source. The final decision now rests with the Minister of Justice,...
A Crypto Analyst’s Altcoins Strategy Ahead of the Bull Run
Renowned cryptocurrency analyst Michael van de Poppe thinks the crypto market bull run is entering the “Banana Zone.” In a recent podcast, Poppe mentioned the altcoins he holds in his...
Chainlink, Avalanche, Injective, and Cardano Poised for Breakout as Bitcoin Consolidates
The crypto market, led by Bitcoin (BTC), is about to witness a surge in buying pressure as multiple altcoins are awaiting for a breakout. Chainlink (LINK), Avalanche (AVAX), Injective (INJ),...
Bittensor Integrates EVM, Bringing DeFi to its Decentralized AI Platform
Bittensor is bringing Ethereum Virtual Machine (EVM) compatibility to its decentralized platform, opening the door for developers to deploy smart contracts using familiar tools like Solidity, Truffle, and MetaMask. This...
Worldcoin Becomes “World,” Aims to Build “Super App for Humans”
Worldcoin (WLD), a blockchain project building the world’s largest identity and financial network, is now simply “World.” The project has dropped “coin” from its name, signaling a shift in focus,...
Arthur Hayes Apes Into GOAT Coin as Solana Meme Token Surges 270%
Arthur Hayes, former BitMEX CEO and crypto influencer Sighduck are turning heads with their involvement in GOAT, a meme coin based on the Solana blockchain. The token skyrocketed by 270%...
FBI Takes Down Crypto Wash Trading Ring Seizes $25 Million
The Federal Bureau of Investigation (FBI) has exposed a wash trading operation involving crypto token developers, promoters, and market makers. According to a report from the U.S. Department of Justice...
Northern Data Group’s Q3 Revenue Soars 235% on AI Computing Demand
Northern Data Group, a provider of AI and high-performance computing (HPC) solutions, announced stellar Q3 2024 financial results, with revenue surging to EUR 59 million, a 235% jump year-on-year. This...
TRON DeFi Explodes with SunPump Launch, DEX Volumes Surge 150%
TRON’s decentralized finance (DeFi) network is booming, thanks to the launch of SunPump, a new memecoin platform. This has driven significant growth in decentralized exchange (DEX) volumes and overall network...
XRP ETF Approval Could Spark Broad Crypto Market Rally
The possible approval of an XRP exchange-traded fund (ETF) could be a major trigger for a new crypto market rally. With Bitwise’s updated filing, speculation is rising about whether the...
Trump’s WLFI Token Flop: Only 4.24% Sold, Tech Issues Rampant
Donald Trump’s World Liberty Financial (WLFI) token has underperformed despite the initial hype. A significant amount of the token remained unsold, with only 4.24% sold on the first day. The...
Shiba Inu Burn Rate Surges 14,575%, SHIB Price Jumps on Token Scarcity
Shiba Inu Shiba Inu (SHIB) saw a massive 14,575% increase in its burn rate, removing 279 million tokens from circulation. This spike has fueled optimism among traders, driving SHIB’s price...
Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
Institutional investors are piling into Bitcoin ETFs at an unprecedented rate. Arkham Intelligence reports ETFs added over $1.38 billion worth of Bitcoin to their holdings in just three days, marking...
Dogecoin and Bonk Rally, But Experts Warn of Market Correction
Santiment, a market intelligence platform, reports a notable increase in discussions surrounding memecoins like Dogecoin (DOGE) and Bonk (BONK). This surge occurred as both tokens experienced price spikes, capturing attention...
Ripple to Prioritize RLUSD Stablecoin for ODL Over USDC and Tether
Ripple CEO Brad Garlinghouse revealed the company will prioritize its own stablecoin, RLUSD, over USDC and Tether for its On-Demand Liquidity (ODL) product. In a talk session with Thinking Crypto,...
Stripe’s Largest Acquisition Yet: Stablecoin Startup Bridge for $1 Billion
Stripe is reportedly in the final stages of negotiations to acquire Bridge for $1 billion. Sources close to the matter say that while the deal is not yet finalized, the...
SEC Appeals XRP Ruling, But Not Its Non-Security Status
The Securities and Exchange Commission (SEC) has filed a late appeal against the XRP ruling. Despite the delay, the SEC submitted Form C to the U.S. Court of Appeals for...
XRP Price Analysis: Can it Break Out of Channel B and Rally to $1?
XRP is nearing crucial price levels on its monthly chart. According to technical analysis by EGRAG Crypto, XRP is trading within an established price range called “Channel B.” From July...
VeChain (VET) “Turbo Trigger” Activated? Price Could Reach $1
VeChain (VET) is poised for a potential price breakout. The cryptocurrency is currently trading at $0.02248, down 3.75% over the past 24 hours. Historical data suggests VET could be entering...
Russia’s Central Bank Report Spotlights Ripple Potential Despite SEC Appeal
Russia’s Central Bank has recognized Ripple’s potential for cross-border payments amidst ongoing uncertainty about the SEC’s appeal in its case against Ripple. In a report titled “Digitalization of Payments and...
Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa
Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85...
China’s Stock Rally Takes a Toll on its Crypto Market
According to Kaiko Research, Chinese crypto investors are selling their digital assets to take advantage of rising equity prices. The analysis platform reported on X that the Chinese stock market...
Sui Network to Integrate AI, SUI Token Eyes New All-Time High
Sui Network announced it will combine artificial intelligence (AI) and blockchain technology in its upcoming projects to improve efficiency and security. Mysten Labs co-founder Kostas Chalkias said in an X...
