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.
Cardano (ADA) Likely to Bottom Out in the Coming Few Months
The cryptocurrency trader and analyst Benjamin Cowen warned in a tweet today that Cardano (ADA) may enter into a depression phase. To add credence to his bearish outlook, the analyst...
Shiba Inu’s Burn Rate Skyrockets By Over 300% In 24 Hours
Over the past day, about 342,020,540 Shiba Inu (SHIB) tokens were burned, according to a post shared by the SHIB burn tracker Shibburn. Notably,this was a more than 300% increase...
Bitcoin Can Drop to $20K in 2023, Predicts Google Bard
Bitcoin recorded the highest level of address activity earlier today. Google Bard predicts that Bitcoin’s price can go as low as $20,000 in 2023. The AI model lists rising inflation,...
Lawyer Questions SEC Readiness in Ripple Case, Says Trial May Never Happen
The XRP token is on a downward trend, trading at $0.5128 with a 2.42% drop. Rispoli argues that the SEC will need help proving recklessness in institutional sales. Rispoli believes...
PEPE, DOGE, and SHIB Crash: What Meme Coins Are Poised to Explode Next?
PEPE token hits a 30-day low, prompting active trading and potential buying opportunities. DOGE struggles near support at $0.0619, with potential for a bearish trend, eyes on the $0.0600 level....
XRP, Solana, Stellar, Chainlink, and Hedera To Hit High Values Soon
Crypto trader and BitBoy’s YouTube channel host Ben Armstrong went live on August 21 to discuss the upcoming altcoins that will perform best in the next bull run. According to...
BTC, XRP Only Top Projects From 2013 to Remain in Market’s Top 10
Popular crypto influencer Ben Armstrong, popularly known as Bitboy Crypto, in a recent video, analyzed the top 10 projects from 2013 to date. Per the video posted on YouTube, the...
Binance Regulatory Scrutiny Causes BNB to Drop Below $200
Recent developments and market sentiment have created an atmosphere of uncertainty around Binance Coin (BNB), with distrust for the exchange Binance, being the likely reason. Lately, Binance has been subject...
RBN, MASK, FLOW, GT, C98 Unlocks May Lead to Trade Opportunities
The tokenomics tracking platform Token Unlocks indicated at press time that several altcoins were on the verge of having tokens introduced to their supply. According to the platform, notable cryptocurrencies...
SEC Files Interlocutory Appeal: Ripple CTO Explains Legal Aspects
David Schwartz comments on the SEC’s recent filing of the interlocutory appeal in the ongoing SEC-Ripple lawsuit. Schwartz clarifies that the SEC has the right to move forward with the...
Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details
A fraudulent version of the Friend Tech token was used in an exit scam. The deployer withdrew liquidity and stole 135 ETH ($226.5k). The community suffered 12 scams in seven...
Data Shows Promoter of Binance FUD Adam Cochran Is An FTX Affiliate
Critics spread FUD about Binance, arguing that it may be about to crumble like FTX. One of the FUD promoters is an FTX affiliate, Adam Cochran. Cochran raised concerns about...
Cryptocurrency Returns in an Opportunity Zone, According to Firm
The blockchain intelligence firm Santiment revealed in a tweet earlier today that the market caps for several cryptocurrencies have fallen considerably over the past week. Consequently, the post added that...
3AC Founders Face Scrutiny After Dubai Regulator Imposes Fine
Bankrupt crypto hedge fund Three Arrows Capital (3AC) founders have once again made headlines with another scandal. According to Bloomberg, Su Zhu and Kyle Davies have been fined by the...
SEC Chair Gary Gensler Takes Aim at Artificial Intelligence
Gary Gensler, the man at the helm of the U.S. Securities and Exchange Commission (SEC), has revealed that artificial intelligence (AI) is on his radar. In a recent post on...
Crypto Analyst’s 15-Minute Chart Strategy for Predicting Trend Reversals
Annii, a host on the Crypto Banter YouTube channel, says trading is all about funds’ movement across various markets. When trading, money can move between different ecosystems (like cryptocurrency to...
ETH Could Rise to $1,980 as Reports Show Trump Holds $250K in ETH
According to a tweet by Watcher.Guru, financial records show that the former U.S. president, Donald Trump, holds a fair amount of Ethereum (ETH). According to the post, the president holds...
Trading Volume in the Cryptocurrency Market on a Decline: Report
The blockchain intelligence firm Santiment revealed in a tweet today that traders are showing disinterest in the cryptocurrency market as trading volumes have dropped over the past few weeks. The...
Crypto Exchange Huobi Holds On for Dear Life in Rollercoaster Week
The company recently announced plans to list PayPal’s new stablecoin. The allegations come at a time the company tries to secure a regulatory license in Hong Kong. Crypto Exchange Huobi...
Aave DAO Greenlights ‘aCRV OTC’ Proposal For CRV Token Acquisition
Aave aims for CRV liquidity via rewarding pools, guided by veCRV dominance. Aave’s community passed the “aCRV OTC” proposal, securing CRV through USDT utilization. Aiming to secure 5 million CRV,...
Institutional Giants Prepare for Bitcoin ETF Battle After Regulatory Nod
Eric Balchunas, a Senior ETF Analyst at Bloomberg, recently took to Twitter to share promising indications about the future approval of a Bitcoin exchange-traded fund (ETF). According to Balchunas, insights...
ADA Accumulation Reaches Its Highest Level Since September 2022
Cardano (ADA) whales holding 100K-10 million ADA have accumulated back to their highest level since September of 2022, according to a Twitter post shared earlier today by the on-chain analytics...
China Communist Party Launches War Against Crypto-Enabled Fraud
In a resolute declaration, the Communist Party of China has taken a firm stance against the rising tide of overseas telecommunications fraud executed via crypto technology. Specifically, the government denounced...
CertiK Alert Issues Red Flag on a Discord Server Breach, Honeypot Scams
CertiK alerts the community of the Clique Discord breach. SeaPad token scam drained liquidity, flagged by CertiK Alert for deployer-linked manipulation. CertiK Alert uncovers $40k liquidity theft in MOAM scam....
NYAG Investigates Barry Silbert’s DCG Over Ties With Genesis
Barry Silbert’s Digital Currency Group is undergoing scrutiny by the New York Attorney General. The regulator is investigating the DCG over its dealings with Genesis Global Capital. Details of the...
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