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.
Top Analyst Predicts 31% Surge for Cardano’s ADA to $0.52
Carl Runefelt predicts ADA could surge 31.3% if it maintains its current range low. Market analyst Carl Runefelt, known as “The Moon,” recently shared an optimistic forecast for Cardano’s ADA...
Switzerland’s Crypto Valley Grows: PostFinance Welcomes Ripple, Cardano, and More
PostFinance, the Swiss government-owned bank, has expanded its cryptocurrency services to include trading and custody options for Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). This move...
Paxos Gets DBS Bank Backing for Stablecoin Launch in Singapore
DBS Group Holdings Ltd., Singapore’s largest bank, is deepening its foray into the digital asset sector by offering custody services for stablecoin reserves in partnership with Paxos Trust Co. This...
Altcoin Bull Run: Expert Analysis and Market Predictions
A crypto analyst has predicted an imminent altcoin bull market, citing falling bond yields, historical price patterns, and the potential approval of an Ethereum Exchange-Traded Fund (ETF) as key drivers....
XRP Demand Soars as Hashdex ETF Requires 215 XRP Per Share
The U.S. SEC has formally acknowledged the 19b-4 filing for the Hashdex Nasdaq Crypto Index ETF, as highlighted by Chad Steingraber. This ETF proposes to hold both spot Bitcoin and...
Germany Dumps Bitcoin, XRP Community Dreams Big: What’s the Connection?
A lighthearted X post about the German government’s auction of seized Bitcoin has unexpectedly ignited fervent speculation within the XRP community, raising questions about the broader implications of government actions...
BRICS Nations Challenge U.S. Dollar Hegemony, Turning to Gold and Alternative Currencies
Within the BRICS alliance—comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates—a growing movement is underway to diminish the global influence of the U.S....
Shiba Inu Bulls Eye Recovery: Kronos Adoption and Coinbase Futures Boost Sentiment
Shiba Inu (SHIB) has yet to fully rebound from the bearish onslaught it suffered in June when its price plunged by over 32%. At press time, Shiba Inu trades around...
LayerZero’s ZRO Token Surges 36% Weekly, Eyes $4.00 Resistance Level
LayerZero’s ZRO token has experienced a remarkable 36% surge in the past week, driven by a positive market sentiment ignited by Bitcoin’s latest rebound. CoinMarketCap data reveals that Bitcoin soared...
Grayscale Unveils “Top 20” Crypto List, Bets on Ethereum and AI-Linked Tokens
Despite a year characterized by mixed performance across various crypto sectors, Grayscale’s report remains optimistic about the market’s prospects for the end of the year. While Bitcoin has experienced substantial...
Justin Sun’s Plan to Boost TRON: Stablecoin Integration, Team Expansion, Meme Power
H.E. Justin Sun, the founder of TRON, has outlined a comprehensive strategic roadmap designed to strengthen TRON (TRX) amidst a volatile crypto asset market. Sun’s key objectives include integrating stablecoin...
Solana Meme Coins Outpace Dogecoin and Shiba Inu in Recent Rally
Meme coins are experiencing a resurgence, with significant gains in the past 24 hours. Leading tokens Bonk (BONK), Floki (FLOKI), and Brett (BRETT) have spearheaded the bullish momentum after a...
Coinbase Takes a Page from Binance’s Playbook: Will It Work Against the SEC?
Buoyed by a recent court ruling in favor of Binance, Coinbase has appealed in a letter to Judge Katherine Polk Failla, urging her to reconsider its request for an interlocutory...
Charles Hoskinson Fires Back at Cardano Critics: ‘We’re Actually Winning’
In a recent video podcast, Cardano founder Charles Hoskinson defended the blockchain’s progress and ambitious goals against mounting criticism. He emphasized Cardano’s extensive research, development efforts, and growing community as...
DAXA Leads Altcoin Review in South Korea, Aims to Boost Investor Confidence
South Korea plans to systematically assess 1,333 altcoins over the next six months to determine compliance with the nation’s forthcoming user protection legislation, set to take effect on July 19th....
1 Billion XRP Flood the Market: Will Ripple’s Escrow Release Impact Prices?
Ripple Labs, the blockchain payments company behind XRP, has released 1 billion tokens from escrow, triggering a wave of speculation and debate among investors. The move, part of Ripple’s ongoing...
Binance Champions MiCA-Compliant USDC in European Crypto Market
Binance, the world’s leading cryptocurrency exchange, has doubled down on its support for USD Coin (USDC) in the European market after Circle, the issuer of USDC, became the first major...
China’s Bitcoin Enigma: Why Beijing Is Hiding Its Energy Data
Beijing’s escalating censorship of economic information, including pressure on foreign media to withhold data, has raised alarms among analysts. The move coincides with China’s concealment of renewable energy figures, prompting...
Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!
A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on...
Data Doesn’t Lie: Bitcoin’s $60K Surge Signals a Summer of Gains
Bitcoin’s recent surge above the key $60,000 mark, driven by substantial buying activity, is signaling a potentially bullish July for the cryptocurrency. On-chain data reveals strong demand, with 237,000 addresses...
Shiba Inu Futures Coming to Coinbase: What It Means for SHIB Investors and Traders
Coinbase is expanding its cryptocurrency derivatives offerings with the introduction of Shiba Inu (SHIB) futures contracts on July 15, a move that could significantly impact the popular meme coin’s market....
Fractal ID Unveils idOS, a Decentralized Identity Solution on XRP Ledger
A decentralized identity management protocol, idOS, has been unveiled on the “Build on XRPL” show, promising to simplify user onboarding and enhance security in the growing world of decentralized finance....
Bitcoin vs. Ethereum: Institutional Investors Diverge as Digital Asset Funds See Outflows
Digital asset investment funds have experienced $30 million in outflows over the past three weeks, with Ethereum facing its largest withdrawals since 2022, according to recent data. Earlier in the...
German Government Sells 400 Bitcoins, Crypto Community Questions Timing and Strategy
The German government’s recent sale of 400 Bitcoins, worth nearly $95 million, has sparked criticism from the crypto community, who question the timing and strategy behind the move. This latest...
BRICS and the US Dollar: India’s Stance on Expansion Signals Shift in De-Dollarization Efforts
India has expressed reservations on the rapid expansion of the BRICS economic bloc, as China and Russia push to include more countries and solidify their geopolitical influence. This internal rift...
