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 Price Watch: FET, NEAR, ICP, RNDR Outlook for October 2024
FET is nearing critical support levels, and a break below $1.33 may signal further decline. NEAR is showing bullish potential, with holding above $4.11 potentially…
Americans Warm to Crypto, But Stablecoin Doubts Persist
Deutsche Bank reports over 50% of U.S. consumers see crypto as a key asset class, with 65% believing it could replace cash. Only 18% expect…
ETH Transactions Free from SEC’s Clutches? Coinbase CLO Raises Intrigue!
The SEC considers the “full set of contracts, expectations, and understandings” as securities. Coinbase’s Paul Grewal questioned how come the SEC didn’t bring ETH under…
Shenzhen’s Digital Yuan Push: Following Hong Kong’s Lead in Fintech
Shenzhen seeks to establish digital RMB application demonstration areas. The Chinese city will partner with Hong Kong for the Hong Kong Fintech Week. Hong Kong…
Nigeria Freezes $716K in Crypto, Blames Platforms for Naira Devaluation
The Nigerian court ordered the freeze of N548.6M belonging to suspected crypto users of Bybit and KuCoin. The EFCC obtained the court order against crypto…
Popcat (POPCAT) Outperforms Market, Gains 5% Ahead of Kraken Listing
Kraken confirmed that it would list POPCAT on September 12th. POPCAT surged more than 5% and is trading at $0.6559. POPCAT is expected to trade…
eToro Pays $1.5M SEC Fine, Limits US Crypto Trading to BTC, BCH, ETH
eToro limits U.S. crypto trading to Bitcoin, Bitcoin Cash, and Ether post-settlement. SEC settlement pushes eToro toward compliance with U.S. federal securities laws. eToro's case…
Is Your USDT Safe? Consumer Watchdog Raises Concerns About Tether
The Consumer’s Research report claims Tether lacks transparency. Tether fails to submit a full audit of its USD reserves that back the USDT stablecoin. Though…
Will XRP Surge Again After the Bitcoin Halving?
XRP has historically surged after Bitcoin halving events, raising expectations for 2024. XRP's price may rise after the 2024 halving, influenced by market sentiment and…
Crypto Market Calm Before Fed Rate Decision, 25 Basis Point Cut Expected
Markets stayed calm as investors focused on a likely 25 basis point rate cut at the upcoming Federal Reserve meeting. FedWatch indicates an 87% chance…
