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.
Worsening Bearish Market Conditions Could Push BTC Down to $12K
Leading cryptos have failed to pique traders’ interest as bear dominance continues. There is currently a shortage of supplies between $18k and $11k-$12k. The price of BTC is currently trading...
Maker price spikes to $766.92 after a successive bullish streak
MKR price analysis indicates a firm uptrend. MKR surged by over 7% in the last 24 hours. Maker currently targets the $775 level. Maker price movement over the last week...
Bear Market Affect neither Bitcoin nor Ether, They Skyrocket
Altcoin Daily tweeted regarding the stability of bitcoin and ether in the bear market. The platform stated that the coins would add to their long-term crypto position. The accumulation of...
Nexo Withdraws Almost 50% Of MakerDAO’s Wrapped BTC Holdings
Nexo has pulled nearly 50% of the Wrapped Bitcoin held in MakerDAO. MakerDAO’s WBTC holdings are now at a 2022 low. The price of NEXO has dropped 3.23% over the...
Cryptocurrency May Face Potential 60% Downslide: Jason Pizzino
Crypto Youtuber Jason Pizzino discusses S&P 500 and Nasdaq 100’s downfall in his latest Youtube video. The Youtuber also talks about Bitcoin’s fourth bear market hit at $20,4000. He also...
Spain’s Biggest Telecoms Provider Now Accepts Crypto for Payments
Spain’s largest telecoms provider now accepts crypto payments. Telefonica also made an investment in the crypto exchange platform Bit2Me. Recently, the telco has also partnered with Qualcomm to develop a...
Trading Value of Bitcoins Against British Pounds Skyrockets
The volume of trading bitcoins in exchange for pounds had skyrocketed. Fall of the sterling resulted in a sudden hike in the bitcoin’s trading volume. People buy bitcoins in exchange...
Bitcoin, Ethereum Outperform S&P 500 Index by 4% in Seven Days
Nasdaq, and the S&P 500 Index lost more than 4% in seven days. The crypto market is on a relief rally after dropping by over 6% yesterday. The iFinex ecosystem...
ERN Effortlessly Breaks Above the 9 EMA Level on Daily Chart
Ethernity Chain is a licensed and authenticated non-fungible token (NFT) platform ERN is currently trading at $3.44 after an impressive 128.86% increase over just 24 hours. The bullish momentum may...
Fantom Touches a Monthly Low of $0.2214 After Continued Sell-off
Fantom price analysis shows a firm bearish trend. FTM has declined by 16.07% in the last seven days. The current support level is present at $0.215. Recent Fantom price analysis...
US Senators Strive to Amend Cybersecurity Bill to Aid Crypto
US Senators introduced a bill to help crypto organizations report cybersecurity issues. The legislation is poised to bring changes to the Cybersecurity act. Adding crypto firms to this act will...
October and November Rich with Macro Events, Tweets Santiment
Santiment tweeted the important events scheduled for the next months. The platform listed events as macro events stating that they would benefit crypto traders. It stated that the dates are...
As Crypto Market Drops by 6%, QNT Trade Volume Rises by 245%
The global crypto market cap is at $912 billion, down by 6.17%. XRP is the worst-performing coin during the previous 24 hours. The native token of the Quant Network gained...
Eight US States File Lawsuit Against Crypto-Lending Platform Nexo
Eight states in the US are filing a lawsuit against crypto-lending platform Nexo. Nexo apparently offered customers interest-earning accounts without first registering them as securities. Moreover, the platform, allegedly, did...
SHIB Ranks as the Biggest Token by USD Value Among Eth Whales
SHIB currently holds the biggest token position by dollar value among ETH whales. Whales hold an average of 119,450,852,849 SHIB, worth $1,610,574. In terms of trade, BSC whales are more...
CZ On Why Binance Is Burning LUNC Spot and Margin Trading Fees
Binance decides to burn LUNC’s spot and margin trading fees. Changpeng Zhao posts a Twitter thread explaining exactly what they’re doing and why. LUNC surged 31.9% following the news. Regarding...
Increase In Social Interest Around BTC Could Be A Good Sign
The interest in Bitcoin (BTC) on social platforms saw a huge spike. BTC is currently trading at $19,226.90 after a 0.74% increase in price. The RSI Indicator on the daily...
California Governor Vetoed Crypto Licensing & Regulation Bill
California governor, Gavin Newsom vetoed a crypto licensing and regulations bill on Friday. The bill will create a licensing regime for those looking to streamline crypto transactions. If the bill...
Voyager Digital’s Chief Financial Officer To Exit The Company
Voyager CFO Ashwin Prithipaul exists company after just four months. The crypto lender filed for bankruptcy back in July. FTX and Binance have made the highest bids on the lender’s...
Bitcoin (BTC) Outperforms All Major Indexes This Past Week
DXY attempted a rise but was brought back down over the past 24 to 48 hours. BTC has outperformed all major indexes this week, only dropping less than 4%. It...
US Bitcoin Carbon Footprint Same As 6 Million Cars; Reveals Report
Environmental group report reveals that US bitcoin produces the same amount of carbon footprint as 6 million cars. Over 38% of global BTC mining is based in US producing 27.4...
US IRS Looks For Crypto Tax Evaders Via M.Y Safra Bank
IRS received authorization to issue a John Doe summons to M.Y. Safra Bank. The summons asks the bank to submit information about possible evasion of crypto tax payments by taxpayers....
Total Crypto Market Cap Reclaims the 200-Week Moving Average
Michaël van de Poppe posted a tweet regarding the crypto market cap reclaiming the 200-week MA. The majority of the top 10 cryptos by market cap have seen 24-hour price...
HNT Update: Helium Proposal to Migrate HNT to Solana Completed
The HIP70 scaling proposal was recently completed by Helium community members. One of the major changes of the proposal is the migration to the SOL network. HNT is currently trading...
Top 5 Trending Crypto on CMC: BTC, XRP, ETH, ETHW, CAKE
BTC, XRP, ETH, ETHW, and CAKE are the top 5 trending cryptos of the day. The data was curated and released by CoinMarketCap. The coins are trending mainly based on...
