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 Says Solana to Tank by 50% to $85, Community Reacts
Top analyst Bluntz Capital predicts a 50% Solana price drop to $85. Solana's recent rally could be a bearish signal, despite 30-day gains. Community divided…
Bitcoin Hash Rate Surge Signals Growing Miner Competition
Bitcoin's hash rate reached a record high, enhancing network security. Increased miner competition drives hash rate growth and mining technology innovation. Bitcoin price rebounds amidst…
Terra Luna Classic Considers Raising Burn Tax to Boost Token Value
LUNC community debates a 1.5% burn tax proposal. Higher burn rate could boost LUNC price and ecosystem funding. Proposal aims to accelerate LUNC and USTC…
Understanding the Legal Challenges of Crypto Bankruptcies
Crypto bankruptcies like Celsius, FTX, and BlockFi create legal chaos for investors. Conflicting crypto asset valuation methods in bankruptcy court cause uncertainty. Bankruptcy Code lacks…
Riot Platforms Defies Bitcoin Halving, Posts Strong Q2 Earnings
Riot Platforms reported strong Q2 2024 earnings despite the Bitcoin halving. Operational efficiency and cost reduction boosted mining revenue for Riot. Riot continues aggressive expansion,…
Altseason 2024 Prediction: DePIN, RWA, Gaming, Meme, AI to Soar
DePIN tokens including FIL, RENDER, IO, and AKT will skyrocket soon. AI tokens NEAR and TAO along with meme projects SHIB and BRETT will follow.…
Analyst Predicts Bitcoin at $200K, Ethereum at $15K in 2024 Bull Run
Bitcoin will trade between $150,000-$200,000 by next year, said Ash Crypto. The analyst added that Ether will trade between $10,000 to $15,000 price levels. Meme…
U.S. Gold Could Fund Bitcoin Buy, Says Analyst: Lummis Bill in Focus
Gold reserves insufficient to resolve U.S. debt issues. U.S. gold reserves reflect a gain of about $629.1 billion. Senator Cynthia Lummis has officially introduced the…
Meme Coin Meltdown: Dogecoin, BOME, WIF, Bonk Suffer Losses
Meme coins including Dogecoin (DOGE), BOME, WIF, and Bonk experience significant price declines. Bearish sentiment grips the crypto market, potentially influenced by external factors. Sell-offs…
SEC’s Closed-Door Meeting Fuels XRP Rally, Settlement Hopes Rise
The SEC scheduled a private meeting for today, August 1, 2024. XRP supporters expect the meeting to be the key to Ripple’s final settlement. Users…
