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.
USDC Is Coming to Jack Ma-backed Ant Group’s $1 Trillion Blockchain Network
The international division of Jack Ma-backed, Chinese tech giant, Ant Group plans to integrate Circle’s USDC stablecoin onto its blockchain network, which processed over $1 trillion in payments last year. ...
Chinese Creditors Challenge $1.4B Exclusion from FTX Bankruptcy Claims
A group of Chinese creditors is fighting back against their exclusion from the FTX bankruptcy process, as $1.4 billion in claims remain unresolved. Over $380 million in claims from China...
El Salvador’s Bitcoin Bet Is Up Nearly $400M; Now It Faces US Sanctions
In a defiant public display, El Salvador’s President Nayib Bukele has posted the country’s growing Bitcoin portfolio on the social media platform X, shortly after a new U.S. Senate bill...
Deaton Joins Linqto Creditors Panel to Maximize Retail Recovery Amid Fraud Case
John E. Deaton has confirmed his intention to engage with the creditors committee in the Linqto bankruptcy case. This was following a statement from forensic accounting expert Rob Loh, who...
$10,000 ETH Call: Why Arthur Hayes Is Betting on the “Most Hated L1”
Arthur Hayes (former BitMEX CEO and current CIO of Maelstrom) has made some bold bullish calls on Ethereum, suggesting it could reach $10,000. He shared a chart on X with...
Altcoins to Watch as Ethereum Breaks Higher: UNI, ARB, LINK, RNDR
The cryptocurrency market is starting to show signs of a shift, with Ethereum gaining momentum around the $2,700 mark after 8% rise. While price moves have been choppy, one analyst...
Polymarket Odds Slip as Pump.fun ICO Faces Doubts Over First-Hour Sellout
The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its...
Bhutan Deposits $23.6M in Bitcoin to Binance Amid BTC All-Time High Surge
The Royal Government of Bhutan has deposited 212.31 Bitcoin, worth approximately $23.61 million, into Binance. This latest transfer forms part of a larger Bitcoin movement totaling 350.74 BTC, valued at...
GMX Hacker’s Money Trail: A $32 Million ETH Stash and Four New Wallets
The latest security breach on the decentralized crypto exchange GMX has resulted in the theft and laundering of over $40 million worth of digital assets. The platform, which allows users...
KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month
Global crypto exchange KuCoin has completed a new independent Proof of Reserves (PoR) audit, which was conducted by the leading blockchain security firm Hacken. With this latest milestone, the platform...
Bitget Annual Crypto Trading Competition KCGI Launches With $6 Million Prize Pool
Global crypto exchange Bitget has opened registration for its annual King’s Cup Global Invitational (KCGI), a trading competition now in its latest and largest edition. The 2025 tournament offers a...
XRP Breakout Confirmed: Rally to $4.35 Has Now Begun
XRP, the native cryptocurrency of the open-source XRP Ledger (XRPL), broke above significant resistance on Wednesday to revive its bullish sentiments. Crypto analysts who follow the digital asset believe the...
Is a New Solana Meme Season Starting? Analysts Eye $164 Target After Breakout
Solana ($SOL) is once again stirring up excitement in the crypto world, as analysts believe a new rally could be underway. The token has broken through a key resistance level,...
Bitget to Burn $138 Million Worth of Its BGB Token in Q2 Burn Event
Bitget, a leading cryptocurrency exchange and Web3 company, plans to continue growing its ecosystem token, BGB, by burning 30,001,053.1 units of the cryptocurrency in Q2 2025. That would imply removing...
Next Stop $3,700? Ethereum Charts Show Bullish Setup Brewing
A large build-up of short positions in the Ethereum futures market has set the stage for a major price move, with one analyst predicting it could turn into one of...
Snoop Dogg NFT Drop on Telegram Sells Out in 30 Minutes, Nets $12 Million
An NFT collection inspired by rapper and Web3 enthusiast Snoop Dogg’s signature style sold out in just 30 minutes on Telegram this Wednesday, pulling in an impressive $12 million in...
A Shift in Solana’s Memecoin Market: LetsBonkFun Overtakes Pump.fun
A power shift is underway in Solana’s hyperactive memecoin market. For the first time since early 2024, Pump.fun—once the undisputed king of meme launches—has been dethroned. Rising star LetsBonkFun, backed...
Ripple CEO Brad Garlinghouse Commends Congress for the Goodwill in Regulating Crypto Market
Ripple Labs CEO, Brad Garlinghouse, testified before the United States Senate Committee on Banking, Housing, and Urban Affairs on Wednesday, July 10. Garlinghouse told the committee that “smart” legislation for...
Markets Turn Green as $BTC, $ETH, $SOL, and $XRP Pump — Is This Just the Beginning?
Bitcoin (BTC) price rallied 2.5% in the past 24 hours to reach a new all-time high of slightly above $112k, before retracing to trade about $111,112 on Thursday, July 10,...
Is the PUMP Token Just Another Meme or a Massive Rug Pull in Disguise?
After weeks of speculation, hype, and an alleged $4 billion valuation, Pump.fun’s long-awaited PUMP token launch turned into a messy vanishing act more than a milestone moment. The rumored $600...
Pi Network’s Future Isn’t in Mobile Mining; It’s in a $16 Trillion AI Market
The Pi Network is facing a crisis of confidence as its price continues to fall, but a deep dive into its ecosystem reveals a massive and overlooked opportunity in Artificial...
GMX Hacked for $42 Million; Team Offers Hacker a 10% Bounty for Return of Funds
Decentralized derivatives exchange GMX faced a major security breach on July 9, 2025. An attacker exploited the platform’s GLP liquidity pool and stole around $42 million in crypto assets. PeckShield,...
Ripple Selects BNY Mellon as Custodian for Its RLUSD Stablecoin
Ripple selected Bank of New York Mellon (BNY) to serve as the primary custodian for reserves backing its stablecoin, Ripple USD (RLUSD). It’s reported that over $500 million worth of...
Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules
Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC through July 15. The exchange confirmed it will run the sale on its main...
Cardano (ADA) Set for 2,000% Rally? Analyst Sees “Clean Fractal” Signal
Quantum Ascend, a crypto-market analyst, highlights a striking fractal pattern between Cardano (ADA) and Ethereum Classic during its 2021 bull run. Using Elliott Wave theory and Fibonacci extensions, he argues...
