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.
Bitensor and Sei Lead Massive Gains: Is Altcoin Season Here?
Cryptocurrencies like Bitensor (TAO) and Sei (SEI) have exploded in value recently, with Bitensor up 68% and Sei surging 66.5% in the past week. These price spikes have fueled speculation...
Bitcoin Poised for Record Highs in Q4, According to 10x Research
Bitcoin (BTC) is on track to reach a new all-time high in the fourth quarter of this year, according to digital asset research firm 10x Research. The firm believes that...
Blackrock’s DeFi Push Continues With $3.35M USDC Transfer to Ondo Finance
BlackRock’s BUIDL Fund continued its growing involvement in the cryptocurrency space, most recently transferring $3.35 million USDC to multiple addresses, including Ondo Finance, as reported by Arkham data. This move...
This Bitcoin Indicator Says a Bull Run Could Be Coming
Crypto analyst Ali Martinez has identified a recurring pattern in Bitcoin’s price action that connects with the Bitcoin market’s realized profit. In an X post, Ali demonstrated how Bitcoin market...
Justin Sun Thinks China Will Spark a Crypto Bull Run – Here’s Why
Tron founder Justin Sun boldly claimed that China has begun injecting liquidity into its economy ahead of the U.S., and implied that this move will lead to significant gains in...
Celo’s Shift to Layer-2 Signals Growing Confidence in Ethereum
Ethereum co-founder Vitalik Buterin has called Celo’s upcoming move to an Ethereum Layer-2 solution a positive step. This shift, initiated by cLabs in July 2023, marks Celo’s transition from an...
Chain Abstraction Explodes in Popularity, Dwarfing BRC-20 and Even AI
According to Kaiko AI Research, Chain Abstraction soared 673% between January and August 2024. This remarkable growth makes it the highest-ranked token standard by growth rate among the top four...
Crypto Market Could Boom with Gensler’s SEC Exit, Says Mark Cuban
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), is facing uncertain prospects, according to a recent post on X (formerly Twitter) by TV personality and entrepreneur Mark Cuban....
Indonesian Authorities Bust Crypto Scam with Binance and Tokocrypto’s Help
Indonesian cryptocurrency exchange Tokocrypto and Binance teamed up with the country’s Criminal Investigation Agency (Bareskrim) and took down a major cryptocurrency scam. The operation led to the arrest of several...
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...
