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 Analysts Predict Further 88% Upswing for XRP Amid Explosive Breakout
The recent outstanding surge in XRP’s price has reignited optimism surrounding the cryptocurrency, with market observers such as an analyst from the Cheeky Crypto channel foreseeing potential 88% further upward...
Bitcoin Breaks $73K Amid Swelling Inflows Across Newly Launched ETFs
Bitcoin broke above $73,000 on Monday amid increasing ETF inflows. The flagship cryptocurrency continued to rally, with analysts growing more confident BTC would achieve an original prediction of $150,000 in...
Binance Executives Remain Under Nigerian Government’s Custody
According to a recent report, two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been in the official custody of Nigerian authorities for the past two weeks. Gambaryan,...
Bitcoin Set to Surge Following the Demand for Stablecoins
Crypto Dan, a researcher at data analytic firm CryptoQuant, believes Bitcoin will not remain around the recently attained $70K threshold much longer. Crypto Dan expressed this sentiment after observing the...
GameFi Sector Soars: Bitget Reports 200% Weekly Surge, GALA, YGG, PIXEL Take the Lead
Observing the recent spikes in the GameFi sector, Bitget Gamefi Zone noticed the trading volume of the GameFi sector recording a 126% spike in the last 24 hours. Meanwhile, over...
XRP Price Soars 18% as Bitcoin Witnesses New All-Time High
XRP witnessed an incredible price surge on Monday as Bitcoin (BTC) achieved a new all-time high, breaking above the $70,000 price level for the first time. The altcoin witnessed an...
Shiba Inu ETF Proposal Gets 5,200 Signs: Rally to Follow Soon?
The Shiba Inu (SHIB) community is eagerly anticipating the possibility of a spot exchange-traded fund (ETF) from Grayscale, a top digital asset management firm, which could potentially drive SHIB to...
Bitcoin Could Reach $170K, According to Crypto Analyst
Kyle du Plessis, a renowned cryptocurrency analyst, stated that Bitcoin is entering a significant phase of a parabolic move. In a recently uploaded video, Plessis identified the surging nature of...
SEC Remains Silent: Optimism About the Ethereum ETF Approval Wanes
The crypto community has been highly optimistic about the Securities and Exchange Commission’s (SEC) approval of the spot Ethereum ETF by May 2024. However, in a recent X post, Fox...
Worldcoin Rebounds 85%, BNB Reaches 2-Year High – Can This Bullish Trend Last?
Worldcoin, the novel iris biometric cryptocurrency project, posted a significant recovery this week. The blockchain project’s native crypto, WLD, posted a rebound from a pullback recorded earlier this week. As...
Memecoins FLOKI, PEPE Register Explosive Runs as BTC, ETH Climb
The prices of Bitcoin (BTC) and Ethereum (ETH) recorded mild jumps in the last 24 hours. But for memecoin Floki (FLOKI) and Pepe (PEPE), that was enough to trigger double-digit...
Can Bitcoin (BTC), Ethereum (ETH) Continue to Outperform Equities?
Bitcoin’s (BTC) momentary jump above $70,000 and Ethereum (ETH) hitting $4,000 on March 8 has ensured that the top two cryptocurrencies continue to outshine the S&P 500. According to crypto...
SHIB Marketer Supports Founder, Asks Community to Burn Tokens, Develop Tools
SHIB marketer supports the founder in the ongoing SHIB burn debate. Shiba Inu has burnt no tokens since January, after burning for only three months. SHIB community members are asking...
South Korea’s Bitcoin ‘Kimchi Premium’ Breaks 2-Year Record
Bitcoin is reaching new heights in South Korea, with its price premium achieving a 2-year record of 10% in the country, according to the co-founder and CEO of the crypto-analytics...
“Dog Money is Taking Over”: Arthur Hayes Endorses SHIB Names
BitMEX co-founder Arthur Hayes’ endorsement highlights growing recognition of “dog money” influence. SHIB Names launch signifies Shiba Inu’s evolution in the crypto space, offering users unique identifiers. SHIB’s current price...
Avalanche Makes a Move: Web Wallet Shutdown Raises Staking Questions
Avalanche has taken significant strides toward evolving its digital asset management and staking environment by discontinuing its traditional web wallet. The decision aligns with the platform’s transition towards Core Stake,...
Bitcoin vs. Gold: Cuban’s Controversial Choice Sparks Investor Debates
Bitcoin vs. Gold: Cuban's Controversial Choice Sparks Investor Debates
Bitcoin Records Nearly $10K Daily Candle in Flash Dip, What Does It Mean?
Kyle du Plessis, a renowned crypto market analyst, has highlighted that Bitcoin fell by nearly $10,000 in one day during a flash to the downside. Plessis noted that the price...
Binance Lists Dogwifhat (WIF) Amidst Dogecoin’s Meteoric Rise: What’s Next?
Dogecoin, is experiencing a resurgence in its price trajectory, marking the end of a macro downtrend and ushering in a new era of potential growth. As per Rekt Capital, an...
XRP Analyst Hints at Incoming Shocking Price Rally as Market Crosses $2.4T Cap
A prominent analyst in the XRP community, Blockchain Backer, has hinted that XRP could be seeing a shocking price rally in the next few days, mirroring historical trends. XRP has...
Wall Street Analysts Predict Over 100% Rally For CAN Crypto-Related Stock
Wall Street analysts have predicted a significant rally for CAN, the cryptocurrency-related stock of Canaan, a China-based Bitcoin mining equipment manufacturer. The analysts have indicated a “Strong Buy” signal for...
Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM
Exchange-traded funds (ETFs) based on Bitcoin are rapidly moving up the commodity ETFs leaderboard, knocking out the largest silver trusts, with the largest gold trusts next in line. Recent statistics...
The UK Introduces New Rules to Restrict Illicit Use of Cryptocurrencies
In a crucial development in crypto regulation, the United Kingdom introduced Statutory Instrument documentation in a bid to freeze crypto assets involved in criminal activities. As per estimations, the amended...
XRP Poised for Further Gains as Alt Season Heats up: Could $2 be Next?
The recent Bitcoin-led crypto market frenzy has benefited XRP, with the asset recording significant double-digit percentage growths after multiple weeks of passive performance. In particular, XRP has rallied by over...
Ripple Releases New XRPL Version, Stakeholders to Upgrade Before March 5
Ripple’s CTO alerted XRPL stakeholders of a new upgrade on the blockchain. XRPL validators and node operators must upgrade to the latest version by March 5, 2024. The new XRPL...
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