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.
Recent Data Showed That ETH’s Exchange Supply Is at 5-Year Low
The blockchain analytics firm, Santiment, tweeted yesterday that the exchange supply for Ethereum (ETH) is at its lowest level in nearly five years. In the tweet, the analytics firm added...
BTC’s Price Experienced Biggest Hourly Drop in 4 Months
The global crypto market cap has plummeted 3.82% over the last 24 hours according to CoinMarketCap. As a result, the total crypto market cap stands at $1.03 trillion at press...
Crypto Analyst Takes A Closer Look At The Crypto Market Sell-Off
The past 24 hours have seen a bloodbath in the mainstream crypto market with heavyweights like Bitcoin and Ethereum tanking 5% and 6% respectively. Crypto analyst Miles Deutscher took to...
US Senators Ask Mark Zuckerberg To Pause Metaverse App Release
Two U.S. senators, Ed Markey, and Richard Blumenthal have written a letter to Mark Zuckerberg, the CEO of Meta Platforms Inc., urging him to halt the release of Horizon Worlds...
Crypto Market Sees $243.49 Million Liquidation in 24 Hours
The podcast platform known as The Roundtable Show took to its Twitter account to break some interesting news about what is currently going on in the crypto markets heading into...
Bitcoin’s Rollercoaster Ride: Bulls vs. Bears in a Battle for Control
Santiment’s February recap report highlights the market trends in the crypto world. According to the report, the market began with a bullish trend but quickly became “boring,” as Bitcoin and...
Terra Community Votes In Favor Of LUNC Burn On Binance Proposal
The Terra Classic community has recently voted in favor of a proposal to ensure the resumption of Binance LUNC burns, as stated by Classy, a well-known influencer in the LUNC...
Twitter Analyst Shares Top 7 Upcoming Token Unlocks for March
The Twitter analyst account that goes by the name Technical Crypto Analyst (@TechCryptoAnlst), tweeted this morning regarding the top 7 token unlocks which will happen in March 2023. According to...
Santiment Confirms FOMO And FUD Affect Price Change Indicators
Crypto analytics platform Santiment published a report on how the crypto markets react to FOMO versus FUD meta mentions. According to their insights, “sentiment really is the most powerful driving...
Second 2020 Golden Cross Surges ADA, Is This The First For 2023?
Cardano Feed, a news analysis platform that reports Cardano (ADA) news tweeted that “Cardano can expect a reversal if bulls defend this price zone [$0.363].” Although Cardano tested the $0.363...
TradingView Tweet Showed BTC’s and ETH’s Comfortable Lead
TradingView (@tradingview) tweeted the list of the 10 largest cryptocurrencies, ranked by market cap, in 2023 this morning. Leading the list are the legacy cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH)....
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
U.S DEA Seized $2.2 Million From Six Binance Accounts Last Year
The United States Drug Enforcement Agency (DEA) seized cryptocurrencies worth millions from multiple Binance accounts last year. The funds were associated with narcotics sales and drug trafficking from outfits based...
Crypto Analyst Believes Polygon Will Lead the Next Bull Run
The famous crypto YouTuber Ben Armstrong believes Polygon will lead the charge in the next bull run. According to Armstrong, the blockchain’s encroachment into the mainstream is more than any...
Crypto Prices Marketwide Nosedived as Dollar Hits a 7-Week High
The blockchain analytics firm, Santiment (@santimentfeed), tweeted today regarding the crypto market leader, Bitcoin (BTC). According to the tweet, BTC and the S&P 500 dropped Friday after the U.S. Dollar...
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
Kristalina Georgieva, the International Monetary Fund (IMF) Managing Director said during the G20 meeting in Bengaluru, India, that there arose some disagreements over debt restricting for the troubled economies. She...
ICO Era Whale Transfers 5,055 $ETH To New Address: Report
On-chain analysis research organization Lookonchain has just announced that an Ethereum ICO participant who has been dormant for three years transferred 5,055 $ETH, approximately $8.3M now, to a new address,...
Crypto Returns Show Short-Term Recovery Signs, Suggests Data
The blockchain analytics firm, Santiment, posted a tweet on their official Twitter page (@santimentfeed) this morning stating crypto returns are “beginning to show signs of a short-term recovery in the...
Ankr, Stacks, Floki, Filecoin, Tezos, Zilliqa: LunarCrash Ranks Coins
LunarCrash tweeted a list of today’s top trending cryptocurrencies on the platform with Ankr ranking number one on the list. Followed by Ankr at $0.04960 with an increase of 49.5%...
Coinbase’s Quarterly Net Revenue Surpasses Analyst Predictions
According to Coinbase’s quarterly report, the firm’s net revenue in 2022 was $605 million, up 5% from $590 million in the previous quarter and substantially exceeding analyst estimates of $588...
Few Altcoins are Struggling to Keep up With the Crypto Market
Bitcoin has had an impressive year, with most cryptocurrencies market rallying with it. The initial surge in January 2023 was universal, and almost all the altcoins registered gains. After consolidating...
Bitcoin Fell Following Statements From US Policy Makers
The President of the St. Louis Federal Reserve, James Bullard, has pushed for a higher interest rate increase and remains open for a more aggressive move, per multiple reports. The...
SHIB Back in Top 10 Purchased Tokens Among Top 500 ETH Whales
The whale monitoring platform known as WhaleStats resorted to Twitter earlier this morning to provide some data about the transactions of the top 500 Ethereum (ETH) whales. According to these...
On-Chain Sleuth Identifies $8 Million Platypus Hacker Within Hours
Popular on-chain sleuth ZachXBT has reportedly uncovered the identity of the attacker responsible for the recent exploit on Platypus Finance’s dollar-pegged stablecoin. According to a Twitter thread by the on-chain...
