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.
Buterin Supports Memecoin Charity Donations, Directs Gifts
Ethereum co-founder Vitalik Buterin expressed his support for namecoin proponents donating to charity. Sharing this sentiment in an X post, Buterin highlighted the charity donations made by bull in September...
ADA vs. Bitcoin: Analyst Predicts 90% Drop for Cardano
Bitcoin enthusiast Max Keiser predicts Cardano (ADA) will lose 90% of its value against Bitcoin over the next six months. This bold statement has ignited debate among crypto experts. In...
Bitcoin Leads as Top Asset in 2024 with 2.5% Q3 Growth
Bitcoin’s value increased by 2.5% in Q3 2024, despite large sell-offs, including government dumps and crypto bankruptcy settlements. Industry analysts suggest this resilience indicates increased market stability; however, the market...
XRP Slowly Recovers, But SEC Appeal Continues to Weigh on Price
XRP has slowly started to recover after last week’s bearish pressure caused by the SEC’s motion to appeal in the Ripple case. At that time, XRP had plummeted by over...
South Korea Investigates KOK Token Crash, $3 Billion Lost
Lawmakers in South Korea are calling for a deeper investigation into the KOK crypto token scam and have urged the government to take action against those responsible for the token’s...
Inverse Head-and-Shoulders Pattern in Altcoin Season Index Hints at Bullish Breakout
The cryptocurrency market may be in for a breakout as the Altcoin Season Index has formed a bullish inverse head-and-shoulders pattern over the past 3.5 years. This strong bullish signal...
Ripple Case: Lawyer Sees No Settlement with SEC Despite Ruling
Pro-crypto lawyer Bill Morgan asserted that Ripple received a fair hearing, despite the Supreme Court ordering Ripple to pay $125 million. The US Securities and Exchange Commission filed the lawsuit...
Altcoins Signal Bullish Momentum as Market Cap Shows Higher Lows
The crypto bull run gains strength as several altcoins show early bullish signs. Data from TradingView show the total altcoin market cap is forming higher lows and potentially breaking out...
Meme Coin Mania: WIF, PEPE, and BONK Join POPCAT in Price Rally to New Heights
Popular meme coins WIF, MOG, POPCAT, PEPE, and BONK are experiencing substantial price increases today. Remarkably, POPCAT has broken a new all-time high and temporarily flipped FLOKI in market capitalization....
Crypto Takes Over Football: Sponsorship Deals Soar to $170 Million
Crypto firms are investing heavily in English football, with sponsorship deals for the 2024/25 Premier League season totaling nearly £130 million ($170 million). Sports sponsorship agency SportQuake reports this trend...
Analyst Predicts Bullish Future for Cardano (ADA), $5 Target
A cryptocurrency analyst on X forecasts a bullish future for Cardano (ADA), stating that the proof-of-stake blockchain’s native token is ten times stronger than at a similar point in the...
How Much ADA Remains Locked Up? Could Today’s Release Fuel a Price Surge?
Cardano (ADA) unlocked 18.53 million ADA tokens this morning, worth roughly $6.62 million. With the increased supply, market watchers are watching to see how this release will affect ADA’s price....
Ripple Exec: Crypto Will Be as Big as the Internet
Ripple’s Chief Legal Officer, Stuart Alderoty, posted an interesting poll on X (formerly Twitter) to his 174.5K followers and the crypto community. The results offer insights into the growth of...
5 Altcoins with Thriving Communities and Strong Potential
A digital asset’s community plays a big role in establishing it as a blue chip token. Here are five altcoins with strong communities that actively participate in project initiatives: XRP,...
Bitget Investigating BGB Token Price Drop, Will Compensate Users
Bitget announced an investigation into the unusual price movements of its native token, BGB, which occurred between 10:53 AM and 10:58 AM. The exchange aims to determine the cause of...
PayPal Completes First Corporate Payment Using PYUSD Stablecoin
Financial technology company PayPal Holdings achieved a significant milestone in corporate payments, potentially driving mainstream crypto adoption. The platform executed its first business transaction using its stablecoin PayPal USD (PYUSD)...
Ex-SEC Enforcement Chief Grewal Joins Milbank LLP: Crypto Impact?
Former U.S. Securities and Exchange Commission (SEC) Enforcement Director Gurbir Grewal has joined Milbank LLP. Grewal’s departure comes as the SEC filed its appeal notice in the Ripple case, leading...
Charles Hoskinson: Cardano’s Tech Makes it the Top Blockchain
Cardano founder Charles Hoskinson declared Cardano the leading blockchain in the crypto space, despite ADA’s relatively weak performance in the past year. The statement made on X (formerly Twitter), generated...
UAE Makes Crypto VAT-Free, Strengthening Hub Ambitions
The United Arab Emirates (UAE) made crypto transactions and conversions VAT-free with amendments to its Value-Added Tax (VAT) regulations. This change, effective January 1, 2018, solidifies the UAE’s position as...
FTT, WLD, ENA, RNDR, FET: 5 Cryptos Showing Notable Market Movements
The crypto market continues to show volatility, with some tokens experiencing sharp price fluctuations and shifts in trading activity. FTX (FTT), Worldcoin (WLD), Ethena (ENA), Render (RNDR), and Fetch.ai (FET)...
5 Altcoins to Watch as Crypto Market Rebounds: TAO, W, ETHW, APT, PYTH
The crypto market rebounded in the past 24 hours, with Bitcoin (BTC) recapturing the $62,000 price level. BTC surged 0.83% over the past day, while Ether (ETH) reclaimed $2,400, jumping...
Vitalik Buterin Backs Cross-Chain Collaboration Amid Optimism’s Latest Update
Ethereum co-founder Vitalik Buterin weighed in on an ongoing discussion about cross-chain compatibility in the Ethereum ecosystem. His comments came in response to a new technical update shared on Optimism’s...
Fed Rate Cut: Dividend ETFs and Crypto See Massive Inflows
The Federal Reserve’s recent interest rate cut ignited a rally in both the stock and crypto markets. U.S. dividend ETFs saw a surge in inflows, attracting $3.05 billion in September,...
AerodromeFi Dominates Base Network with 60% DEX Activity
AerodromeFi has quickly become the leading decentralized exchange (DEX) on the Base network, now accounting for 60% of all DEX activity, according to recent insights shared by David Alexander. With...
Solana’s 40,000 TPS Exposes Cardano’s Outdated Claims
Solana’s transactions per second (TPS) have surged to 40,000 with the mainnet-beta launch of Frankendancer, a new validator client. This surge has ignited comparisons with Cardano, whose TPS currently sits...
