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.
Bitcoin’s Open Interest Surges to $16 Billion as Price Nears All-Time High
Bitcoin perpetual futures open interest returns to $16 billion, but funding rates remain moderate. The figure coincides with Bitcoin reaching $71,400 today, led by Binance…
Solana Meme Coin Market Cap Surges to $12.2 Billion, WIF Leads the Pack
Solana’s meme coin market hits a record $12.2 billion, rising 7.3% in one day. Leading Solana meme coins like $WIF and $POPCAT see high trading…
BlackRock CEO Predicts Further Fed Rate Cuts Before Year-End
Fink foresees a 25-basis-point Fed rate cut by 2024 amid sustained inflation pressures. The November 6 FOMC meeting, post-U.S. election, may drive pivotal rate-cut decisions. …
“Truth Terminal” Turns $50k into $3.9M Trading Solana Memecoins, Becomes First AI Millionaire
Truth Terminal, an AI, reached a $3.9 million valuation on October 24. Tokens like GOAT, Fartcoin, and Shoggoth drove the portfolio’s growth. Funded by a…
POPCAT Soars 9,405% in 2024, Analysts Say $5 Possible by U.S. Elections
Solana-based meme coin POPCAT has surged to an all-time high of $1.67. Crypto Analyst Murad predicts a 225% rally, targeting $5. US election outcomes may…
Bitcoin Holds $66K as Q3 GDP, Earnings, and Election Stir Crypto Market
Bitcoin has established support around the $66,000 region. BTC is at a critical level where traders need to be observant. Macro events could trigger Bitcoin…
Ripple CTO Highlights Record $1 Trillion U.S. Federal Interest Payments
U.S. federal interest payments surpassed $1 trillion annually in 2024, highlighting rising debt and fiscal sustainability concerns. Steady growth in U.S. interest payments since the…
Solana Surges Past $180, Fueling Momentum for Celestia and Dogecoin
Solana's support at $174 may provide stability amid bullish momentum above $180. Celestia needs to break $5.20 to initiate a potential bullish trend moving forward.…
Bitcoin ETF Options to Drive Growth in Crypto Derivatives
The traditional asset derivatives market is much larger than the spot market. Crypto’s derivatives market is much smaller than its spot market. The minimal derivative…
Cardano’s (ADA) Path to $5: Strong Support Levels Hold the Key
Cardano's 2025 growth depends on support above $0.443. ADA targets a 200% gain within an ascending channel. A $1.3 trillion liquidity bridge with Bitcoin fuels…
