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.
Elon Musk: Current Bank Crisis Similar to 1929 Stock Market Crash
Twitter CEO Elon Musk tweeted that the current financial crisis faced in the United States is similar to what happened in 1929, which led to the stock market crash. Musk’s...
UK Bank NatWest Bans Transfer Above £1,000 to Crypto Exchanges
The NatWest Group Plc is the latest British banking and insurance holding company to limit its customers’ involvement with cryptocurrencies. According to a statement released on Tuesday, account users can...
Bank Crisis Appears to Have Positive Impact on DEX, CEX Tokens
According to the recent analysis, the financial turmoil that resulted from the debacle of the three commercial banks including the Signature Bank, Silvergate Capital, and the Silicon Valley Bank (SVB)...
Ethereum Whales Take Advantage of Recent Dip to Buy More ETH
The recent market dip has resulted in some significant whale purchases that pushed crypto prices back toward the local highs of 2023. On-chain data showed that Ethereum whales with 1,000...
Fed’s Timely Intervention Upholds Financial Sector, Says Cramer
Jim Cramer, the host of the American finance television program, Mad Money, commented on the impact of the “fistful” of bank failures on the Federal Reserve, forcing it to finish...
Binance Sets CoinDesk Acquisition Bid Aside; ‘Not a Fit,’ Says CZ
On Tuesday, Changpeng Zhao, the CEO of Binance, stated that Binance Capital Management (BCM), through its sister firm, CoinMarketCap, would no longer be acquiring the crypto publishing firm, CoinDesk. Zhao...
USDC’s De-peg Did Not Influence ETH and BTC’s Prices: Report
The blockchain intelligence firm Santiment (@santimentfeed) shared its latest insights in a tweet yesterday. In the report, the firm analyzes the ramifications of the recent USD Coin (USDC) fallout and...
Euler DeFi Protocol Faces Loss of $177M In Major Attack
The EUL token price of Euler Finance experienced a sharp decline of 26.2% due to the assault on its lending protocol. The crypto community was alerted to the attack by...
Lido DAO Token Surpasses Top Blockchains in Development Activity
The Lido DAO token has surpassed popular blockchains, such as Polkadot (DOT), and its pre-production network, Kusama (KSM), to become the most active crypto network in terms of daily GitHub...
Algorand Foundation CEO Explains Blockchains Role In Finance
In a recent interview with Yahoo Finance Live, Algorand Foundation CEO Staci Warden expressed that although blockchain is commonly viewed as a ledger solely for tracking cryptocurrency payments, it has...
$1 Billion Buying Pressure on BTC, ETH, BNB: CryptoQuant CEO
The CEO and co-founder of CryptoQuant, Ki Young Ju (@ki_young_ju), tweeted this morning that there will be $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance...
BTC & ETH Funding Rates Hit 4 & 6-Month All-Time Lows, Reports Crypto Analyst
Leading on-chain data analytics provider CryptoQuant tweeted on March 12 that Bitcoin funding rates have hit a 4-month low. Additionally, Ethereum funding rates hit a 6-month low according to the...
FXS Being Down 20+% Presents Perfect Buying Opportunity For Whale
The on-chain analysis platform Lookonchain posted a Tweet yesterday to share their new insights and observations about the buying habits of a particular crypto whale. According to the post, a...
XRP on Top 10 Purchased List Among 500 Biggest BSC Whales
WhaleStats (@WhaleStatsBSC), tweeted this morning that Ripple (XRP) made its way onto the top 10 purchased list among the biggest Binance Smart Chain (BSC) whales in the last 24 hours....
Analysis Platform Reveals The BTC Price Could Rise Again Soon
The crypto market education and analysis platform, IncomeSharks (@IncomeSharks), tweeted this morning that the move up for the crypto market leader, Bitcoin (BTC), has begun. According to the tweet, there...
Binance CEO Mocks Critics as Two US Banks Crumble within a Week
Changpeng Zhao, the CEO of Binance, the largest crypto exchange, took to Twitter to mock US detractors as two significant banks in the United States became insolvent and unable to...
ADA, SOL, And MATIC All Up As Market Takes A Breath Of Relief
The market is finally taking a breath of relief as the crypto prices are once again showing signs of life. The crypto market tracking website CoinMarketCap indicates that the global...
BTC Whale and Sharks Not to Blame for the Turbulent Week
The blockchain analytics firm, Santiment (@santimentfeed), tweeted this morning that crypto Bitcoin (BTC) sharks and whales are not to blame for the rough week that the crypto market experienced. According...
Tender.fi White Hat Hacker Returns $1.6 Million Loot for 62.15 ETH
Decentralized finance (DeFi) protocol Tender.fi has been made whole thanks to the hacker who returned $1.6 million that were exploited from the platform earlier this week. The white hat hacker...
BTC Will Hit $16,600 as Miners Mount More Pressure, CryptoQuant
Since the beginning of the week, the price of Bitcoin (BTC) has been free falling from $23k. In the last 24 hours, it has gone below the $19k price point....
SHIB and ETH May Enter Into a Large Selloff in the Coming Days
Ethereum (ETH) and the rest of the altcoin market seem to be at the mercy of the crypto lender, Voyager, given that the lender currently holds large amounts of tokens...
Crypto Miners’ Activities Highly Affect Market; Says Analyst
CryptoQuant, the on-chain data analytics platform, shared an insight into the crypto miners’ selling behavior, a blog written by the crypto trader Shayan, also known as Greatest Trader. In the...
Massive SOL Transfers to Coinbase Sparks Investor Frenzy
Solana, the blockchain platform known for its high-speed and low-cost transactions, has recently made headlines with a massive transfer of $61,779,976 to Coinbase. The transfer was made in five transactions,...
Trader Sentiment Toward Top Cryptos Is Overwhelmingly Negative
The well known market intelligence platform Santiment shared a Twitter post this morning, containing some interesting insights about the current sentiment in the crypto market, and the effect this will...
