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.
Farcaster Soars to $1 Billion Valuation: Can the Crypto Social App Deliver?
Crypto-based social media platform Farcaster has experienced rapid growth, reaching 50,000 daily active users and a $1 billion valuation. This success has sparked discussions within the Web3 community about the...
LBank Faces Scrutiny in Japan for Unlicensed Operations
Japanese regulators have issued a warning to cryptocurrency exchange LBank for operating without proper registration, underscoring ongoing concerns about compliance in the rapidly evolving digital asset industry. The FSA reportedly...
Bitcoin as a Campaign Weapon: Trump’s Bet on Crypto Appeal
Former President Donald J. Trump is again leveraging cryptocurrency in his 2024 campaign, vowing to “end Joe Biden’s war on crypto” and ensure Bitcoin’s future is “made in America.” This...
Aussie Bitcoin ETF is Stacking Sats While BTC Price Stalls
Australia’s newly launched Bitcoin ETF, IBTC, has accumulated 46 BTC since its debut, signaling growing investor confidence in cryptocurrencies within the Australian market. Noted by crypto analyst Julian Fahrer, the...
zkSync Slumps: OKX CEO Offers Counter-Narrative
OKX CEO Star Xu has questioned the growing criticism surrounding zkSync, a layer-2 scaling solution for Ethereum. Many have accused zkSync of being a “scam,” particularly in the wake of...
Nigeria Drops Binance Tax Charges, Laundering Case Remains
The Nigerian Federal Inland Revenue Service (FIRS) has reportedly dropped some tax charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, in an ongoing legal battle between the cryptocurrency...
TON on the Rise, but Can $NOT Crack the Code to $8?
Even as TON continues to show strong performance in the cryptocurrency market, analysts are closely watching $NOT, a token within the TON ecosystem, as it navigates critical resistance and support...
Why This Crypto Analyst Is Betting Big on Bitcoin and Ethereum
Popular YouTube channel Crypto Banter outlined five reasons for continued optimism in the cryptocurrency market, despite recent volatility, citing technical indicators and market trends as key factors supporting a bullish...
Binance to List New ASI Token After FET, OCEAN, and AGIX Merger
Binance has announced it will support the upcoming merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into the new Artificial Superintelligence (ASI) token. The exchange will handle...
Solana and JasmyCoin: Crypto Analysts See Potential for Price Rebound
Crypto analysts are closely watching recent price fluctuations in Solana (SOL) and JasmyCoin (JASMY), offering insights and predictions based on technical analysis and market trends. Prices for Solana have been...
Ethena (ENA) on the Move: Is a Rally in the Works?
Ethena (ENA), a cryptocurrency currently experiencing volatility, is showing signs of a potential rebound despite a recent downward trend, according to technical analysis. As of writing, ENA is trading at...
Central Banks Are All In on Digital Money, New Survey Shows
A new survey by the Bank for International Settlements (BIS) reveals growing interest among central banks in exploring Central Bank Digital Currencies (CBDCs), with a majority of respondents favoring wholesale...
Ethereum Rally Expected as Spot ETFs Launch, Analyst Predicts
Analyst Michaël van de Poppe has expressed a bullish outlook for Ethereum (ETH) and related tokens, anticipating a price surge as the approval of Ethereum spot exchange-traded funds (ETFs) looms....
Shiba Inu (SHIB) Price Prediction: What Do the Charts Say?
Shiba Inu (SHIB), has been trending downward in recent weeks, but key technical indicators suggest a possible reversal may be on the horizon. Analysis of the 1-day chart reveals that...
XRP Price Outlook: Volatility Decreases, Reversal Signals Emerge
XRP’s recent price action reveals a predominantly bearish trend, according to an analysis of Bollinger Bands and the Parabolic SAR. However, indicators suggest a potential shift in momentum, with the...
Turkey Unveils Major Tax Overhaul, Eyes New Crypto Regulations
Turkish lawmakers are set to introduce a sweeping tax overhaul, primarily targeting corporations, in an effort to shore up the national budget following last year’s devastating earthquakes. The proposed legislation,...
Fidelity’s Bitcoin Sale Adds to Crypto Market Uncertainty
Bitcoin is facing significant turbulence as investors grapple with recent market developments, including a major sell-off by Fidelity Investments and a prolonged period of price consolidation. Crypto analyst Thomas reported...
Crypto in September: What Investors Need to Know About the Coming Storm
A recent YouTube video analysis predicts heightened scrutiny for the cryptocurrency market in September, a month viewed as pivotal for strategic asset management. While Bitcoin’s price at $66,882.85 has raised...
Bitcoin’s Role in a Post-Petrodollar World: Analysis and Outlook
As the end of the U.S.-Saudi petrodollar agreement approaches, Bitcoin is emerging as a potential alternative in the evolving global financial landscape. The dissolution of this longstanding deal has ignited...
Analyst Predicts Rebound for Solana’s Jito Protocol Token (JTO)
JTO, the native cryptocurrency of Solana’s leading liquid staking pool, Jito Protocol, could be poised for a rebound, according to a prominent crypto analyst. The prediction is based on Jito’s...
Cardano Poised to Hand Over $681 Million Treasury to Community
Cardano is on the verge of a significant milestone: handing over control of its $681.9 million treasury to its community. This move, highlighted by crypto asset tracker TapTools, underscores Cardano’s...
Terra Classic’s LUNC Burn Tax Proposal: What You Need to Know
The Terra Classic community is currently voting on a proposal to adjust the distribution of its LUNC burn tax, with a focus on funding the critical Oracle pool. This move...
Coinbase Exodus: Whale Moves Millions in ONDO and Jasmy Coin JASMY
Major investors in real-world asset tokenization projects like Ondo Finance (ONDO) and Jasmy Coin (JASMY) have recently made significant withdrawals from the cryptocurrency exchange Coinbase, signaling a potential shift in...
SEC Chair’s Stance on Crypto Could Impact Biden’s Re-election Bid
Billionaire investor and cryptocurrency advocate Mark Cuban has warned that the Securities and Exchange Commission’s aggressive regulatory approach, spearheaded by Chairman Gary Gensler, could jeopardize President Joe Biden’s re-election bid....
Terra’s $4.5 Billion Fine: A Warning Shot to Crypto Fraudsters
In a decisive move against fraud in the cryptocurrency sector, a federal judge has approved a $4.5 billion settlement between the Securities and Exchange Commission and Terraform Labs, along with...
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