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.
Is Altseason Upon Us? Bitcoin Dominance Wanes as Analysts Predict Altcoin Rally
The crypto market is abuzz with speculation on a potential “altseason” – a period of significant growth for alternative cryptocurrencies – as Bitcoin’s dominance shows signs of weakening. This speculation...
Ethereum & Solana ETFs: Expert Analysis on Market Sentiment and Future Implications
In a recent episode of Delphi Digital’s Hivemind podcast, cryptocurrency experts discussed the potential impact of upcoming Exchange-Traded Funds (ETFs) on Ethereum (ETH) and Solana (SOL) amid recent market fluctuations....
Top Analysts Unanimous Cardano (ADA) Has Hit Bottom, Now Set for Major Rebound
Cardano (ADA) was the hardest hit among top-ranking crypto assets in the recent market downturn, plummeting to $0.3666, a level not seen since late 2023. This marks a roughly 55%...
VeChain (VET) Poised for Significant Rally, Analyst Predicts
VeChain (VET), the cryptocurrency powering the VeChainThor blockchain, is poised for a significant price rally, according to prominent crypto analyst Nick. However, he cautions that a minor pullback may precede...
Ethereum’s L2 Surge and Bitcoin’s Miner Exodus: Key On-Chain Trends in Q2 2024
The second quarter of 2024 brought about substantial changes in the crypto market. Bitcoin and Ethereum experienced price declines despite major events, including Bitcoin’s halving and the approval of Ethereum...
Mt. Gox Bitcoin Release, ETH ETF Launch: Will Altcoins Outshine Bitcoin?
Bitcoin’s price is facing headwinds from multiple sources, including the upcoming distribution of Bitcoin from the defunct Mt. Gox exchange and the anticipated launch of Ether ETFs. These developments have...
MVRV Z-Score Signals Potential Buying Opportunities for Uniswap and Shiba Inu
Santiment, a crypto market analysis platform utilizing social and on-chain metrics, has assessed some top cryptocurrencies using its MVRV Z-Score indicator. The analysis reveals that Toncoin, Bitcoin, and Ethereum are...
Judge’s Smackdown of SEC in Binance Case Sparks Hope for Crypto Industry
In a significant legal victory for Binance, a federal judge has ruled that secondary market sales of its BNB token do not constitute securities. The decision could have far-reaching implications...
This Crypto Analyst Says XRP Could Hit $80: Here’s Why
XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst. Based on technical analysis shared on social media platform...
SEC Suffers Setback as Judge Rules Binance’s BNB Secondary Sales Not Securities
A federal judge has rejected the U.S. Securities and Exchange Commission’s claim that secondary market sales of Binance’s BNB token constitute securities, delivering a significant win for the cryptocurrency exchange...
MetaMask in Hot Water: SEC Alleges Unregistered Broker Activity, $250M in Fees
The Securities and Exchange Commission has filed a lawsuit against ConsenSys, the software company behind the popular MetaMask wallet, alleging the firm violated securities laws by operating as an unregistered...
Convex Finance’s CVX Token Plunges After Major Sell-Off by Fantom Whale
SpotOnChain reports a whale linked to Fantom Foundation sold 357,000 CVX, causing a 5% price drop. Convex Finance’s CVX token plunged 5% early Friday following a massive sell-off by a...
Presidential Debate Impact: BODEN, Trump-Themed Tokens Crash
Jeo Boden token plummets over 53% following the first presidential debate night. Crypto markets proved sensitive to the political winds of the Presidential debate, with candidate-themed memecoins experiencing significant volatility...
EOS Unveils Major Staking Upgrade: 250 Million Tokens, Higher Rewards
EOS Network Foundation introduces a 250 million EOS staking pool starting July 8th, enhancing participant rewards. The EOS Network Foundation has announced a major upgrade to its staking program, set...
Investors Eye $129M Crypto Token Unlock: Opportunity or Risk?
Crypto tokens worth $129.87 million to be unlocked next week. The crypto market is bracing for a potential shakeup as $129.87 million worth of digital tokens are set to be...
Polkadot Gains Momentum Amid Bullish Market Indicators
Polkadot shows resilience with a bullish reversal signaled by crucial technical indicators. Cryptocurrency analyst Michaël van de Poppe highlighted Polkadot’s potential for substantial growth, drawing parallels to Ethereum’s recent uptrend....
Ripple CTO Joins Criticism of FTX’s Strict KYC Measures
Ripple CTO highlights recent SEC legal setbacks amid FTX’s KYC controversy. FTX’s intensified KYC verification process has sparked controversy among creditors, with some facing rejections due to discrepancies in reported...
Bitcoin Takes a Hit, but These 3 Altcoins Are Defying the Trend
Bitcoin drops to $61,000 amid imminent US government sale. Crypto market reporter Cody Buffinton provided updates on recent developments, including Bitcoin, ONDO, and Near protocol’s market outlook. On Wednesday, Bitcoin’s...
Bolivian Central Bank Reverses Crypto Ban, Opens Door for Financial Innovation
Bolivia’s central bank has lifted a four-year ban on cryptocurrency use by financial institutions, a move that could unlock significant potential for digital assets in the country and across Latin...
Solana Meme Coins Surge as $BOME, $BONK, and $BRETT See Gains
The Solana meme coin market is surging, outpacing the broader crypto landscape as major coins like Bitcoin and Ethereum struggle. Recent data reveals that in just the past 24 hours,...
Solana’s Decentralization and Demand: Key Factors in Spot ETF Approval
GSR Markets, a prominent crypto trading platform and liquidity provider, recently published a blog post analyzing the prospects of a spot Solana exchange-traded fund. While Solana has established itself among...
Crypto Analyst Predicts Memecoins Could Eclipse ADA, XRP, LINK Rallies in Upcoming Bull Market
Crypto analyst Murad, a prominent voice on X platform, predicts that memecoins could outperform other cryptocurrencies in the next bull market, citing potential returns of 100x to 500x. He compares...
Wormhole’s NTT Powers ETHFI’s Multichain Transfer on Arbitrum
Ethereum’s ether.fi token (ETHFI) has expanded its native functionality to the Arbitrum blockchain, facilitated by Wormhole. This integration utilizes Wormhole’s Native Token Transfer (NTT) framework, designed to enhance cross-chain liquidity...
XRP’s Future in Jeopardy? Key Court Decision Looms Amid SEC Appeal Plans
XRP edged up on Thursday, June 27, currently trading at $0.475852, mirroring the broader crypto market’s movement. However, XRP lagged behind due to the impending verdict in the SEC vs....
Cardano’s Democratic Experiment: Community-Led Constitution Takes Shape
The Cardano Foundation, a non-profit organization overseeing the Cardano blockchain, concluded elections for the Interim Constitutional Committee (ICC). This body will vote on and manage the first on-chain governance actions....
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