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.
Altcoins on the Verge of a 2016-Style Rally, Says Crypto Analyst
Following the broader market recovery, altcoins saw considerable price booms, with some major tokens notching new annual highs. While that has slowed considerably, a crypto analyst predicts that another big...
Cardano (ADA) Sees Only 35% of Investors Profiting in a Bullish Market
Recent insights from blockchain analytics firm IntotheBlock have brought a concerning scenario for Cardano (ADA) enthusiasts to light. Despite a generally bullish market, only 35% of ADA investors are in...
KuCoin Lists ETH-based Project Mantle Network (MNT) on Spot Trading
KuCoin, a prominent centralized cryptocurrency exchange, has recently declared support for the fast-growing Ethereum-based crypto project Mantle Network (MNT). The addition of the MNT token to KuCoin’s Spot trading platform...
Cristiano Ronaldo’s Partnership with Binance Results in a Lawsuit
Footballer Cristiano Ronaldo has been sued by three investors for promoting Binance’s unregistered sale of securities. The investors allege that Ronaldo has been responsible for their losses as his promotions...
The FSB Recommends More Supervision for the Crypto Industry
According to the FSB, there is a need for increased regulation in the crypto industry. Multifunction crypto firms are those that combine trading and other activities, said the FSB. The...
Analyst Spots A Golden Cross On AltcoinMarketCap Monthly Chart
A renowned cryptocurrency analyst with the handle @el_crypto_prof on X (formerly Twitter) has alerted users to a forming trend in the altcoin market. According to the analyst, this event has...
Volatile Week Sees Many Top Tokens Lose Their November Gains
Top Cryptos Lose Big, Creating 'Buy the Dip' Opportunities
XRPL Adoption By Banks Is Inevitable: Ripple Partner
Ripple recently secured a partnership with HSBC, a major global bank. Metaco’s CEO stressed the indirect correlation between Ripple’s success and XRPL’s. HSBC’s decision to partner with Ripple is not...
Bitcoin Mining Hits Record Difficulty: 5.07% Increase at Block 818,496
The Bitcoin network has recently hit a significant milestone regarding the difficulty level of mining a new block. In particular, according to statistics from Bitcoin Blockchain Explorer, BTC experienced a...
Cosmos’ ATOM Inflation Rate Reduction Proposal Receives Green Signal
According to recent reports, the Cosmos community has agreed with the proposal to reduce ATOM’s inflation rate to 10%, with a majority of 41.1% supporting the scheme. The proposal intends...
Square Enix To Launch First ETH NFT Game Symbiogenesis 500 Characters
Square Enix is launching its first Ethereum-based NFT game, Symbiogenesis. The game’s character auction will be held in three stages starting November 27. The three-wave distribution will see ten characters...
Why ApeCoin’s(APE) NFT Narrative May Help Its Rise to $1.90
APE’s price jumped by 17%, with an analyst suggesting a breakout for the token. APE retraced to $1.65 but bulls’ presence may help its recovery toward $1.90. If the overbought...
ECB President’s Son Loses 60% Of His Crypto Investments: Report
The ECB President Christine Lagarde revealed that her son has lost about 60% of his investments in cryptocurrencies. Lagarde asserted that though her son disregarded his warnings against crypto, he...
SEC’s Attempt to Build Monopoly for Ethereum Still in Question
Mr. Huber questioned Ethereum’s contrasting perspectives on the notion of monopoly. Ethereum refuted the SEC’s alleged preference for the blockchain network. The contrasting stance was exposed when Ethereum highlighted DTCC’s...
El Salvador President Losses Approximately $8M in Bitcoin Investment
The El Salvadoran president has invested over $126 million in bitcoin since 2021. The current value of the president’s holdings is around $118 million, translating to a loss of over...
ADA Could Surge off the Back of a BTC Breakout, Says Analyst
ADA Could Surge off the Back of a BTC Breakout, Says Analyst
Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea
Montenegro’s justice minister will decide on Do Kwon’s extradition. Do Kwon is serving a four-month prison term in the country for document forgery. A Montenegro court said requirements for Do...
Ripple on Potential of NFTs: “We Have Not Even Scratched the Surface”
The blockchain company said NFTs are in their early stages and hold more potential. Ripple Labs highlighted its plans and recent strides in the tokenisation and NFT space. Ripple predicts...
Austria’s Raiffeisen Bank to Launch Crypto Services Next Year
Austria-based Raiffeisen Bank International will reportedly start providing cryptocurrency trading services to its customers, leveraging an existing partnership with crypto exchange Bitpanda. The bank plans to roll out the services...
SEC’s Concerns Over Exchanges Mixing Customer Funds Justified: Lawyer
Lawyer Bill Morgan, in a recent tweet on X (formerly X), said the U.S. Securities and Exchange Commission’s (SEC) criticism of crypto exchanges mixing customer funds is justified. Morgan said...
Rare SMA20 Golden Cross Imminent on Altcoin; Is This a Bullish Sign?
Amid the bearish trend that rocked the crypto market in the last 24 hours, with digital assets such as BNB taking a major hit, a prominent Bitcoin trader has argued...
Mt.Gox Creditors Set To Start Receiving Repayments in 2023-2024
In 2014, Mt.Gox suffered from the largest Bitcoin hack up to that point in time. Wu Blockchain announced on X today that Mt.Gox creditors received emails from the bankruptcy trustee....
BNB To Drop to $5; Analyst Claims as Binance Co-Founder Pleads Guilty
BNB To Drop to $5; Analyst Claims as Binance Co-Founder Pleads Guilty
Blast’s TVL Hits $109M After 23K+ Users Join Its Community
Lookonchain shared in an X post today that the total value locked (TVL) for Blast has achieved a significant milestone. According to the post, the project has more than $109...
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
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