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.
Shiba Inu (SHIB) vs. Ethereum: Analysts Explore Potential for 40x Gains
TradingView data shows that Shiba Inu opened July trading at $0.00001723, and analysts comparing the meme coin to Ethereum have estimated the potential gain of a $1,000 investment in SHIB...
Inside the Fetch.ai AI Token Merger: A Two-Phase Process with Coinbase Caveat
In a recent X post, Fetch.ai CEO Humayun Sheikh confirmed the upcoming AI token merger of FET, Ocean Protocol (OCEAN), and SingularityNet (AGIX). Despite Coinbase’s refusal to support the merger,...
Crypto Market Undervalued Despite Bitcoin’s $63K Surge, Says Analyst
Benjamin Cowen, CEO of crypto education platform IntoTheCryptoverse, recently discussed the current crypto market landscape, stating that a “boring” summer is not uncommon in the digital asset sector. The analyst...
Top 10 Under-$1 Cryptocurrencies to Watch in July 2024
As 2024 unfolds, the cryptocurrency market is showing signs of revival, with several lesser-known digital currencies poised for remarkable progress. With Bitcoin surpassing $63,000, indicating a broader market upswing, savvy...
Binance Updates Monitoring Tag List: 11 Tokens Face Potential Delisting
Binance has announced updates to its Monitoring Tag list, with several tokens potentially facing delisting, as highlighted in a recent Twitter post by Wu Blockchain. The review added 11 tokens...
Public Company Kronos Taps into Growing Crypto Payments Trend with Shiba Inu (SHIB) Adoption
Product development company Kronos Advanced Technologies announced it will accept Shiba Inu (SHIB), the second-largest meme coin by market capitalization, for payments. Shiba Inu enthusiasts welcomed the move by the...
Metaplanet’s Bitcoin Bet: Japanese Firm Follows MicroStrategy’s Playbook
Japanese publicly traded company Metaplanet continues its aggressive accumulation of Bitcoin, acquiring an additional 20.20 Bitcoins at $61,506 each. This latest purchase reinforces the company’s commitment to Bitcoin as its...
Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So
Ethereum co-founder Vitalik Buterin is pushing for faster transaction speeds on the blockchain, outlining several potential solutions to enhance the network’s scalability and user experience. Despite recent improvements: notably, Ethereum’s...
Smart Contract Platforms Gain Momentum Amid ETH ETF Anticipation
Smart Contract Platforms (SCPs) are signaling a potential shift in the cryptocurrency landscape, outperforming Bitcoin in recent months and challenging its long-standing dominance. While Bitcoin maintains a strong position, the...
Is the Howey Test Still Relevant? Ripple’s Alderoty Questions SEC’s Approach
Ripple’s Chief Legal Officer, Stuart Alderoty, reignited debate over regulatory clarity in the cryptocurrency space, criticizing a pivotal 2018 speech by former SEC Director William Hinman as a “fairy tale.”...
From PlayStation to Crypto: Sony Acquires Amber Japan, Expanding into Digital Assets
Sony Group has entered the cryptocurrency trading platform sector with the acquisition of Amber Japan, a move that highlights the conglomerate’s commitment to diversifying its already extensive portfolio. As noted...
Floki Warns of Latest False Scam Tokens on Solana, Base Chains
In a recent tweet, the official Floki meme coin account issued a scam warning to its community. The notice alerts users about fraudulent claims suggesting that the FLOKI token is...
Why Meme Coins Are Significant in The Cryptocurrency Space
Meme coins have become a significant aspect of the cryptocurrency space, and their impact cannot be ignored. While they are often dismissed as jokes, meme coins have proven to be...
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...
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