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.
El Salvador President Losses Approximately $8M in Bitcoin Investment
The El Salvadoran president has invested over $126 million in bitcoin since 2021. The current value of the president’s holdings is around $118 million, translating to a loss of over...
ADA Could Surge off the Back of a BTC Breakout, Says Analyst
ADA Could Surge off the Back of a BTC Breakout, Says Analyst
Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea
Montenegro’s justice minister will decide on Do Kwon’s extradition. Do Kwon is serving a four-month prison term in the country for document forgery. A Montenegro court said requirements for Do...
Ripple on Potential of NFTs: “We Have Not Even Scratched the Surface”
The blockchain company said NFTs are in their early stages and hold more potential. Ripple Labs highlighted its plans and recent strides in the tokenisation and NFT space. Ripple predicts...
Austria’s Raiffeisen Bank to Launch Crypto Services Next Year
Austria-based Raiffeisen Bank International will reportedly start providing cryptocurrency trading services to its customers, leveraging an existing partnership with crypto exchange Bitpanda. The bank plans to roll out the services...
SEC’s Concerns Over Exchanges Mixing Customer Funds Justified: Lawyer
Lawyer Bill Morgan, in a recent tweet on X (formerly X), said the U.S. Securities and Exchange Commission’s (SEC) criticism of crypto exchanges mixing customer funds is justified. Morgan said...
Rare SMA20 Golden Cross Imminent on Altcoin; Is This a Bullish Sign?
Amid the bearish trend that rocked the crypto market in the last 24 hours, with digital assets such as BNB taking a major hit, a prominent Bitcoin trader has argued...
Mt.Gox Creditors Set To Start Receiving Repayments in 2023-2024
In 2014, Mt.Gox suffered from the largest Bitcoin hack up to that point in time. Wu Blockchain announced on X today that Mt.Gox creditors received emails from the bankruptcy trustee....
BNB To Drop to $5; Analyst Claims as Binance Co-Founder Pleads Guilty
BNB To Drop to $5; Analyst Claims as Binance Co-Founder Pleads Guilty
Blast’s TVL Hits $109M After 23K+ Users Join Its Community
Lookonchain shared in an X post today that the total value locked (TVL) for Blast has achieved a significant milestone. According to the post, the project has more than $109...
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
$20M+ Expended on U.S. Crypto Lobbying, on Track to Break 2022 Record
$20M+ Expended on U.S. Crypto Lobbying, on Track to Break 2022 Record
Apple Faces Class-Action Lawsuit Over Crypto Payments Restrictions
Technological giant Apple reportedly faces a class-action lawsuit filed by a group of customers who accuse the company of restricting peer-to-peer payment alternatives and crypto payments on IOS payment apps. ...
Argentina Unlikely to Join BRICS After Javier Milei’s Victory
Javier Milei has emerged as the winner of the just-concluded presidential election in Argentina, and stakeholders are already considering the socio-economic implications of the far-right politician’s victory. Top among the...
Will the SEC Intervene in FTX’s Mission to Liquidate Assets?
The crypto community has been abuzz with the Securities and Exchange Commission’s (SEC) increasing scrutiny of crypto companies. However, Parrot Capital, a popular voice in the crypto space, recently shook...
Analysts Pick Top 3 Performing AI Tokens For Next Bull Cycle
AJ noted that he was about to start accumulating AGIX tokens in his public portfolio. Armstrong thinks that GRT is a unique coin with a utility unmatched by any other...
Analyst Predicts Prolonged Upswings Amid Short-Term Corrections for Altcoins
The analyst compared Ethereum’s price action with Chainlink and Arbitrum. Van de Poppe recommended considering entry points during corrections of 30-50%. Michaël van de Poppe emphasized that altcoins are experiencing...
Shibarium Joins the Top 5 Most Active Networks on NOWNodes
NOWNodes notes that this is a vital step to accommodate further requests. Shibarium makes it to the top five of the most active networks on NOWNodes. This new record breaks...
35,000 BTC and 270,000 ETH Options Are About to Expire: Report
The options traders’ toolkit platform, Greeks.live, has provided information about the expiring options of the two top cryptocurrencies, Bitcoin and Ethereum. Posting on X, Greeks.live noted that as of today,...
FTM, UNI, ETH, SOL, MATIC on Analyst’s Top Picks for Coming ETF Storm
Altcoin Daily, a prominent crypto YouTube channel, has shared a curated list of their top picks for crypto investment for proper positioning for a projected storm coming into the crypto...
Cosmos’ Proposal to Reduce ATOM’s Inflation Rate: Opposers Lead
The voting period spans from November 12 to November 26, 2023. The Cosmos community has proposed to reduce the inflation rate of ATOM from 14% to 10%. As of now,...
OKX Releases Ethereum Layer 2 Testnet Network “X1” With Polygon CDK
OKX launched the testnet for its zero-knowledge L2 network named “X1”, built with the Polygon CDK. The native utility token of OKX, OKB, will be used to pay for X1...
Celestia (TIA) Hits All-Time High, Soars 150% on Bitfinex Listing
Celestia (TIA), a novel modular blockchain network, has surged to unprecedented heights, marking a new chapter in blockchain innovation. This groundbreaking technology is reshaping how blockchains are constructed and utilized,...
The Future of Crypto Appears Bright: Thinking Crypto’s Tony Edward
The Future of Crypto Appears Bright: Thinking Crypto's Tony Edward
5 Best Altcoins To Buy This Week as the Market Begins to Rebound
Meanwhile, he also predicted that MATIC could rise to as high as $1.50 if it breaks above $0.92. In a YouTube video, the analyst mentioned that an upcoming gaming conference...
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