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.
Crypto Sector Outspends Wall Street and Big Oil in U.S. 2024 Election Funding, Donates $238M
The crypto industry has donated at least $238 million in the 2024 US elections. $160 million came from Coinbase, Ripple, and Andreessen Horowitz (a16z). Over…
Global Dollar (USDG) Stablecoin Launched by Industry Giants
Paxos, Robinhood, Bullish, and more companies have debuted Global Dollar (USDG). The new USDG stablecoin has been built atop the Ethereum blockchain. DBS Bank has…
Hamster Kombat: Hype Fades, Players Leave, Token Crashes
Hamster Kombat’s monthly active users declined from 300 million to just 41 million. The users felt betrayed by the app’s HMSTR airdrop as it contradicted…
Bitcoin to $200K by 2025, Bernstein Predicts, Regardless of 2024 U.S. Election Results
Bernstein predicts Bitcoin could hit $200,000 by 2025, ignoring U.S. election impacts. Bitcoin's fixed supply and digital scarcity drive its appeal as an inflation hedge.…
Binance Futures Adds PONKEUSDT Perpetual Contract with 75x Leverage
Binance introduces PONKEUSDT perpetual contract with up to 75x leverage, offering high-risk, high-reward trading for experienced users. The PONKEUSDT contract features 24/7 trading and a…
Is XRP Undervalued? New Model Suggests Fair Value of $3,541
Pipeline Flow Model sees XRP's fair value at $3,541 amid global adoption potential. Legal hurdles and price suppression may have held XRP back from its…
Crypto Sentiment Shifts as U.S. Election Nears: Bitcoin Analysis
Bitcoin whales reduce activity, reflecting caution with the U.S. election and market volatility. Whale activity shifts from August accumulation to October profit-taking as Bitcoin nears…
TON Network’s USDT Volume Crosses $1 Billion, Up 670%
The USDT volume on the TON network has surpassed $1 billion. TON network’s USDT transaction volume surged 670% in six months. Analysts expect the TON…
Ripple’s Q3 2024 Report: XRP’s Legal Win and Growing Institutional Interest
Ripple's Q3 2024 recap focuses on XRP’s classification as not security, boosting its legal status and market potential. Major financial institutions like Bitwise, Canary, and…
KuCoin Launches Options Trading with BTC and ETH, Offers 100K USDT in Rewards
KuCoin launches Options Trading for Bitcoin (BTC) and Ethereum (ETH), accessible on mobile. Users can earn over 100,000 USDT in rewards through various promotional events.…
