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Sunday, April 2, 2023

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.

Market

CryptoQuant CEO Shares Insights About Korean Trader Habits on Twitter

Danielle du Toit -
Korean traders seem to pump and dump tokens when withdrawals are suspended. The CryptoQuant CEO added that Korean traders now favor pumping and dumping altcoins. The...
Market News

USDT, USDC, and TUSD Markets Hit Highest Levels Since June 2021

Abdulkarim Abdulwahab -
Stablecoins fell by 1.34% to $133 billion in March after Silicon Valley Bank collapsed. However, stablecoins trading volume reached $51.9B as USDC recovered its peg. BUSD...
Market News

Recent Data Shows XRP’s Social Dominance Shines at Yearly High

Steven Walgenbach -
Santiment recently tweeted that XRP’s social dominance is at a yearly high. The rise in XRP’s social dominance comes after the altcoin’s price broke above...
Market

Tech Company CTO Slams Cryptocurrencies as Useless for Society

Collins Adane -
Nvidia's CTO criticizes cryptocurrencies for being useless to society. Kagan defends the decision to limit graphics cards used for mining, stating AI processing is more...
Market News

Sell Pressure in the Crypto Market Is Fading Suggests Data

Steven Walgenbach -
MilkybullCrypto tweeted that the next week in the crypto market will be interesting. The trader shared a snapshot from Dune which showed decreasing selling pressure...
Market News

Trader Is Bullish on the Crypto Market Given the Banking Crisis

Steven Walgenbach -
Crypto trader DonAlt questions why people are currently shorting the crypto market. The trader believes that the current banking crisis is a bullish sign for...
Market

APE Flipped WETH As The Most Traded Token Among Top ETH Whales

Danielle du Toit -
Apecoin (APE) has flipped WETH as the most traded token among the top 500 ETH whales. APE is currently trading hands at $4.26 after a...
Market

ARB One Of This Week’s Biggest Losers Mere Days After Its Launch

Danielle du Toit -
The interest rate hike resulted in a very bearish week for the crypto market. The ARB token was launched this week, but things did not...
Market

Here Are The Biggest Crypto Gainers And Losers For The Past Week

Danielle du Toit -
The FED’s interest rate hike has a negative effect on the crypto market this week. XRP and LTC were the top crypto gainers. ARB and OP...
Market

ETH May Continue to Weaken Against BTC in the Coming Days

Steven Walgenbach -
KALEO tweeted an update to his multi-threaded analysis on ETH/BTC today. The trader believes that ETH/BTC will continue to drop in the coming days. At press...
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