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.
Bitcoin’s Risk-Adjusted Returns Challenged: NVIDIA, Meta, Gold Rise
NVIDIA leads in risk-adjusted returns, outperforming Bitcoin and other assets. Meta and gold challenge Bitcoin's historical outperformance. Ethereum and tech giants like Apple and Amazon…
Cardano Founder to Fill Void Left by X in Brazil with New Platform
Cardano's Charles Hoskinson plans a decentralized social network in Brazil after X ban. Brazil bans X due to Elon Musk's refusal to appoint a legal…
Ethereum’s Block Production Centralized: 3 Builders Control 90%
Three builders produce over 90% of Ethereum's blocks, raising centralization concerns. High costs and access barriers prevent new builders from competing effectively. 79% of MEV-Boost…
El Salvador Buys More Bitcoin, Adoption Still a Hurdle
El Salvador's Bitcoin holdings hit 5.87k BTC by Sept 1, 2024, showing steady growth. Bitcoin's price ranged from $57.9K to $58.5K in early Sept, highlighting…
Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices
LUNA, LUNC, and USTC are the three cryptocurrencies linked to Terraform Labs. All three Terraform ecosystem tokens show variations ahead of the bankruptcy hearing. The…
IDA Raises $6M to Launch Hong Kong Dollar-Backed Stablecoin
IDA raises $6 million in seed funding to develop its first fiat-referenced stablecoin, HKDA. Major players, including Hashed and CMCC Global’s Titan Fund, back the…
Bitcoin’s September Curse: Can 2024 Be Any Different?
September has been Bitcoin's worst-performing month, with an average return of -5.36%. Bitcoin saw positive returns in September only four times in the last 13…
LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
Whale buys 4,192 ETH for $10.43 million, staking it in Lido and RocketPool. Previously the investor secured a profit of $5.16M by shorting BTC during…
Crypto Market Movers: ORDI, SEI, DYDX, WLD, and STRK
Crypto market sees mixed trends as ORDI, SEI, DYDX, WLD, and STRK experience notable shifts. Market volatility persists with significant price fluctuations across major altcoins.…
Bitcoin’s Key Support Levels Under Pressure as September Begins
Bitcoin faces bearish signals after losing $62K, with key support at $56K-$64K being tested. Market cautious as Bitcoin's technicals weaken, caught between liquidity and economic…
