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.
Whale Activity Rises as Millions of XRP and DOGE Change Hands
Siba Inu and Dogecoin whales move massive amounts of tokens. Bitcoin whale moves $1.58 billion BTC in a series of transactions. Crypto exchange Bitstamp and Bitso see whale activity. According...
Trend of Tech, Web3 Industry Lay-offs Starts Early This Month
Stripe, Dapper Labs, Digital Currency Group, & Galaxy Digital cumulatively sacked over 1,200 employees. Coinbase’s chief product officer posted a resignation note on social media. However, Chinese exchange Okex opened...
Researcher Says Ethereum Blocks May Crash Without Intervention
A crypto enthusiast started a discussion to explain Ethereum’s sustainability vision. They believe the burden on Ethereum would increase to infinity and crash the system. The researcher suggested ‘State Expiry,’...
Congressman Tom Emmer Asks Feedback on SEC Chair’s Track Record
Congressman Tom Emmer shares a Twitter post asking the community for Gensler’s track record. Reuters reports: “Gary Gensler has set the SEC on a perilous path.” Twitter users talk about...
Bearish Trend Short-lived in YFI as Prices Mount by 1.38% to $8,227.69
Bulls defy the bearish trend on the yearn.finance (YFI) market. Recent price analysis shows that YFI is in an obvious uptrend. YFI finds support at its intraday low of $7,907.28....
SEC Vs XRP: SEC Files Motion To Extend Time To File Reply Briefs
The SEC has filed a motion to extend the time to file all parties’ briefs replies. Veri DAO LLC has been the newest member to join the list of Amicus...
Kwon Resides in Europe as Illegal Immigrant: S. Korean Prosecutors
South Korean authorities state that Kwon is residing in Europe. Kwon’s passport was revoked, “cannot travel legally between countries,” states KBS Terra Labs, CEO to hold a conference, and cops...
JPMorgan Strategists Warn of Extended Crypto Market Slump Ahead
JPMorgan strategists have warned that the fall in the crypto market is not ending soon. They claimed that venture capital funding is now less than a third of the pace...
Technical Indicators on APE Price Predict Further Bullish Run as Prices Surge by 3.36%
APE pricing analysis found a positive trend, with a price increase of 3.36%. Bulls continue to dominate the market, according to technical indicators. ApeCoin (APE) support and resistance levels are...
Chinese Government Holds $3.9 Billion BTC; More Than Microstrategy
The Chinese government holds more BTC than MicroStrategy. If China sells its holdings, the price of BTC and the entire market will be affected. It is believed that the selloff...
Arweave (AR) Up by 60+% Despite BTC Being Down More Than 1%
AR is turning heads today as the crypto is currently up by 60.24%. Arweave was also able to strengthen against BTC and ETH. BTC is currently down by 0.91%. Arweave...
Bears on APTOS Throne: APTOS Drops by 27.98% in 10 Days
Recent APT price analysis shows that it has been inside a descending channel. APT lost 27.98% of its value within ten days. The novel coin finds support at $6.89 and...
Binance to Bridge the Financial World and Crypto via Acquisition
Changpeng Zhao said Binance might acquire traditional banks to bridge with the crypto industry. The Exchange believes it is a clever move to capture some of the equity upsides. Binance...
Several Bullish Metrics for Litecoin (LTC): Santiment Report
LTC has temporarily decoupled itself from the rest of the crypto market. 314 new shark and whale addresses have been created since May this year. The price of LTC currently...
Technical Indicators Suggest That BTC Has Established Its Bottom
BTC is still trading above the $20k level despite a 0.67% daily drop. The price of BTC crossing above the weekly 50 EMA will be an early sign of a...
Crypto Market Cap Falls 1% In 24 Hours; Investors Remain Observant
Crypto market capitalization falls by 1% to $1.02 trillion. Bitcoin currently trading at $20.4K. Investors observe market changes before the Fed meeting. The cryptocurrency market is yet to escape the...
Third Quarter of 2022 Great One for BNB Chain: Reveals Report
BNB Chain Defi System showed a rebound of nearly one-third in three months. The Q3 report revealed improvement in crypto trading volumes and DeFi. BNB Chain has a Total Value...
BAT Token Price Hikes by 6.28%, Prepares to Break Above $0.3172
Basic Attention token price analysis shows a firm uptrend. An ascending trendline has been formed on the 4-hour chart. BAT/USD pair is facing resistance at the $0.3368. The Basic Attention...
Ankr Adds Coinbase Wallet Support to Bolster Liquid Staking
Web3 provider Ankr recently added Coinbase wallet to its staking platform. The platform stakes tokens such as ETH, MATIC, BNB, and AVAX. Ankr sends new granted tokens from its staking...
Chinese Exchange Houbi Relocates its Headquarters to the Caribbean
Houbi Global is moving its business head office from Seychelles to the Caribbean. The exchanges’ advisor said the region is a super-friendly crypto community. FTX, Binance, and Crypto.com have operating...
DOGE’s Price Pump May Be Coming to an End: Santiment Insights
Santiment insights suggest that DOGE’s price may fall soon. The report shows that there are two bearish metrics relating to DOGE. DOGE is trading at $0.139 after its price dropped...
El Salvador’s Pro Bitcoin President Condemns World Federal Reserves
President Bukele criticized the world’s monetary authorities for unfavorable economic policies. He claims monetary authorities only rob ordinary citizens of their wealth and savings. Previously, Bukele attacked an economic professor...
Crypto Analysts Believe Bitcoin Could Hit $30k In 2023
BTC found some stability in the last week of October. Analyst PlanB believes that BTC will see a massive bull run in November. BTC is currently trading at $20,582.40 after...
FTX To Bolster Its Presence By Expanding Services in MENA
FTX announced that they have officially launched their services in the UAE. UAE is already home to many crypto exchanges including Binance and Kraken. Bankman-Fried said in an interview that...
DOGE Rallies 140% in the Last 7 Days, Outperforms Major Coins
Dogecoin has rallied over 140% in the last 7 days. DOGE outperforms other major coins. The recent rally can be attributed to the anticipation of Dogecoin’s integration into Twitter. Dogecoin...
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