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.
ETH Spot ETFs Break Records: $434M in One Day and $1B Total Inflows in 96 Days
US Ethereum spot ETFs have surpassed $1 billion in cumulative net inflows after just 96 trading days, according to data from Spot On Chain, an AI-powered market analysis platform. December...
Solana ETFs Face SEC Pushback as Market Waits for 2025 Changes
The U.S. Securities and Exchange Commission (SEC) announced it will reject the 19b-4 filings for Solana ETFs submitted by two of the five applicants. According to Fox Business journalist Eleanor...
FTT Token Hits 2024 Highs on Bankruptcy Plans and NFT Speculation
FTT, the native token of the bankrupt digital asset trading platform FTX, jumped a massive 28% in the past 24 hours to $3.51, its highest price since January 2024. The...
Bitcoin’s Surge Ignites Altcoin Rally: Is This 2017 All Over Again?
Bitcoin’s recent surge beyond the $100,000 mark has ignited a rally with Ethereum and other altcoins following suit. Crypto analyst Michaël van de Poppe suggests this market behavior mirrors the...
Inside David Sacks’ Rise: Trump’s AI and Crypto Czar with a Bold Solana Bet
David Sacks, the venture capitalist and partner at Craft Ventures, has been appointed by President-elect Donald Trump as the new White House Director of Artificial Intelligence and Cryptocurrency. Sacks, known...
Altcoins JASMY, SUI, & XNO Light Up Social Media as Bitcoin Takes a Breather
Bitcoin (BTC) has stumbled a bit, dipping below $100,000 after a Thursday surge to $103,900. Meanwhile, some altcoins are making noise on social media. Santiment, the blockchain data platform, has...
Trump’s AI and Crypto Czar: What David Sacks Brings to the Role
US President-elect Donald Trump has named David Sacks, former PayPal chief operating officer, as the White House AI and crypto czar. Sacks will lead the administration’s policies on artificial intelligence...
Australia’s Crypto Rules Are Changing—Here’s What to Expect in 2025
Australia’s financial intelligence agency and securities regulator announced an increased review and amended guidelines for crypto-related operations. On December 6, the Australian Transaction Reports and Analysis Centre (AUSTRAC) released a...
Sui’s Bullish Trend Puts Avalanche on Notice: What’s Ahead
The blockchain has become a hotbed of competition, with networks Sui (SUI) and Avalanche (AVAX) emerging as frontrunners. Their unique strengths and recent price trajectories have piqued the interest of...
Bitcoin’s $100K: A Historic High or a Risky Mirage for Investors?
Bitcoin’s breach of the $100K mark reaped substantial gains to early investors, but then it also raises concerns for those considering entering the market now. In fact, as Bitcoin reaches...
JasmyCoin Rally Sparks ADA 2021 Comparisons, Gains 20.92%
JasmyCoin (JASMY) has surged 20.92%, echoing Cardano’s (ADA) 2021 rally. This has led investors to speculate whether JASMY could repeat ADA’s success. Despite differences in market conditions and each coin’s...
South Korea’s Jeju Aims for Cashless City With Blockchain
Jeju, South Korea’s special self-governing province, has announced plans to implement digital payments for cross-border transactions. The province included the digital payments initiative in its “Jeju AI and Digital Transformation...
VC Firm Nets $10.9M Profit on SNX Token, Moves to Cash Out on Coinbase
Framework Ventures, a prominent thesis-driven crypto venture firm, has made a significant move in the Synthetix (SNX) market. Known as the largest holder and investor in Synthetix, the firm deposited...
VET Gains 90% in December; Analyst Sees $0.63 in 100 Days
VeChain (VET) surged nearly 90% in the first three days of December 2024 to grab crypto analysts’ attention. This rally added to the crypto token’s post-election bullish run after VET...
Coinbase 50 Index Expands With Altcoins, BTC & ETH Still Dominate
The Coinbase 50 Index, a key measure of the largest digital assets, has expanded. While Bitcoin and Ethereum still dominate the index, new additions include altcoins Axie Infinity (AXS), Blur...
ETH Lags Behind as Solana, XRP, Bitcoin Rally With 5X Gains
Ethereum (ETH) rose over 4% in the past 24 hours, hitting $3,853 and nearing $4,000. Despite the uptick, Ethereum lags behind top-performing altcoins like Solana (SOL) and XRP, as well...
Bukele’s Bitcoin Strategy Pays Off: Reaps $333M Profit for El Salvador
El Salvador President Nayib Bukele is proudly celebrating the success of the country’s Bitcoin strategy, responding to critics as its Bitcoin reserve reaches an unprecedented valuation. This comes as Bitcoin...
SHIB Soars 250%—How Token Burn and Bullish Signals Play In
Shiba Inu (SHIB) has surged 250% since its December start, showing remarkable resilience, outperforming many other cryptocurrencies. Experts attribute this rise to technical chart patterns, community-driven initiatives, and token burns...
Bitcoin Breaks $100K in Blitzkrieg Rally, Yet Cardano, Solana, and Sui Shine
An Altcoin Buzz analyst has identified Cardano (ADA), Solana (SOL), and Sui (SUI) as some of the most-performing cryptocurrencies in the current crypto market bull run. ADA recently gained over...
Ripple Sentiment Grows With XRP Targets at $2.92 and $3.99
XRP is primed for a rally in the ongoing market cycle, with critical levels traders should monitor closely, according to crypto analyst Dark Defender. Using Elliott Wave theory, the analyst...
“Common Sense” Returns to SEC Under Atkins, Peirce, and Uyeda
Paul Atkins has been chosen as the new Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump, joining Commissioners Hester Peirce and Mark Uyeda. The announcement...
Binance Entity Faces $85 Million Tax Evasion Probe in India
The Indian Finance Ministry says some cryptocurrency exchanges in the country are dodging taxes. Nest Services Ltd, reportedly linked to the Binance Group, is the biggest offender, sources say. The...
Tron’s Tokens Are Surging, and Here’s Why It Matters
Tron-based tokens saw significant growth today, with multiple assets within the ecosystem posting notable price increases. As the Tron network continues to gain attention, the bullish momentum across its tokens,...
U.S. Moves Billions in Seized Crypto; Sparks Bitcoin Price Concerns
The U.S. government has transferred billions of dollars worth of seized cryptocurrency, including Bitcoin and Ethereum, into new wallets, raising questions within the crypto community about the potential market impact....
Justin Sun Plans TRON’s MicroStrategy Equivalent, TRX Soars
TRON founder Justin Sun has hinted about creating the network’s version of MicroStrategy. In a recent post on X, Sun praised MicroStrategy’s success in navigating regulatory challenges and hinted at...
