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.
Leaked WhatsApp Chats Show Celsius Gambled $8M Weekly to Sustain CEL
According to reports, the founders spent over $8 million weekly to sustain CEL’s value. WhatsApp messages expose Celsius Network founders artificially inflating CEL token price. There are also allegations of...
11,000-Year Prison Sentence for Founder of Collapsed Turkish Crypto Exchange
The founder of crypto exchange Thodex has been sentenced to 11,196 years in prison. The estimated losses from the crash of the exchange are believed to be around US$2 billion....
Crypto Gaming Tokens: The Next Big Thing in Cryptocurrency?
A new sub-sector is emerging as a potential game-changer in the crypto realm. With a collective market cap of $7.4 billion and a 24-hour trading volume of $682 million, gaming...
Russian Ruble’s Monthly Volume On Binance Drops 83% In Two Years
The monthly trading volume of Russian Rubles (RUB) on the Binance Exchange has reportedly declined more than 83% in the past two years. Meanwhile, the trade volume of Ukrainian Hryvnia...
$386M on Move as BitBrowser Hacker Transfers Fund to Crypto Mixer
In a recent tweet, renowned Chinese reporter Colin Wu updated the crypto community regarding one of the high-profile crypto hacks in August. Wu cited SlowMist, a prominent blockchain security firm...
Gala Games’ CEO and Co-Founder File Lawsuits Against Each Other
In a shocking turn of events, Eric Schiermeyer, the Chief Executive Officer (CEO) and Wright Thurston, the Co-Founder of Gala Games, a blockchain-gaming platform that offers play-to-earn (P2E) games, filed...
ZkSync Co-Creator Proposes a Novel Hierarchical Onchain Court System
Alex Glochowski, the co-creator of the Ethereum layer 2 scaling solution zkSync, recently proposed a novel governance solution L1 Fork as the Court of Final Appeal, to confront the risks...
Crypto Donation Accepted in Relief Fund for Maui Wildfire Victims
The Maui community has found strong support from the crypto world, as a relief fund led by prominent celebrities Oprah Winfrey and Dwayne Johnson (The Rock) now welcomes donations in...
PEPE, SOL, STX Steal Spotlight from BTC Amid Grayscale Court Victory
The global crypto market’s trading volume is up significantly in the last 24 hours by over 136%. According to data from the market tracking platform CoinMarketCap, crypto traders bought and...
Crypto-Linked Money Laundering Schemes Invest in Dubai’s Real Estate
A major crypto-related fraud is currently being investigated by the Enforcement Directorate of India. As reported in local news, the ED has found five companies that are involved in money...
ETF Was GBTC’s Ultimate Goal; Grayscale’s Only Option Was To Sue SEC
With the recent ruling made by Judge Neomi Rao on the Grayscale case against the SEC, the regulator is now compelled to reevaluate its stance on the application for a...
Ripple Prepares for SEC Appeal, Will XRP Price Be Affected?
Ripple lawyers have revealed they are already preparing to battle the U.S. Securities and Exchange Commission’s (SEC) Interlocutory appeal against Judge Analisa Torres’s ruling that the XRP token isn’t a...
Cardano Holders Stake $40M Worth of ADA Following Price Decline
Cardano users have staked more than 157 million ADA over the past week. The surge in staking activity came after a decline of more than 5% in the world’s seventh-largest...
FriendTech’s Rapid Rise Hit by 97% Decline in Numbers: What Goes Wrong?
DeFi app FriendTech’s hype wanes, with rapid decline in numbers. Peak daily fees hit $1.7 million, but dropped 98% to $38,000. Concerns raised over trading fees, load times, and token...
Crypto Analyst Says Bitcoin’s Price Could Still Drop to $16,000
Crypto analyst Crypto Banter says Bitcoin could increase or decline further in the coming days. The analyst says the current bear has spanned 490 days, making it the longest. Bitcoin...
PEPE To Create New Official Telegram as Ex-Members Steal 16T Tokens
In an announcement, the PEPE admin confirmed that unexpected developments occurred on Thursday, where trillions of PEPE tokens went missing. Specifically, PEPE admin revealed on X that approximately 16 trillion...
Cardano (ADA) Likely to Bottom Out in the Coming Few Months
The cryptocurrency trader and analyst Benjamin Cowen warned in a tweet today that Cardano (ADA) may enter into a depression phase. To add credence to his bearish outlook, the analyst...
Shiba Inu’s Burn Rate Skyrockets By Over 300% In 24 Hours
Over the past day, about 342,020,540 Shiba Inu (SHIB) tokens were burned, according to a post shared by the SHIB burn tracker Shibburn. Notably,this was a more than 300% increase...
Bitcoin Can Drop to $20K in 2023, Predicts Google Bard
Bitcoin recorded the highest level of address activity earlier today. Google Bard predicts that Bitcoin’s price can go as low as $20,000 in 2023. The AI model lists rising inflation,...
Lawyer Questions SEC Readiness in Ripple Case, Says Trial May Never Happen
The XRP token is on a downward trend, trading at $0.5128 with a 2.42% drop. Rispoli argues that the SEC will need help proving recklessness in institutional sales. Rispoli believes...
PEPE, DOGE, and SHIB Crash: What Meme Coins Are Poised to Explode Next?
PEPE token hits a 30-day low, prompting active trading and potential buying opportunities. DOGE struggles near support at $0.0619, with potential for a bearish trend, eyes on the $0.0600 level....
XRP, Solana, Stellar, Chainlink, and Hedera To Hit High Values Soon
Crypto trader and BitBoy’s YouTube channel host Ben Armstrong went live on August 21 to discuss the upcoming altcoins that will perform best in the next bull run. According to...
BTC, XRP Only Top Projects From 2013 to Remain in Market’s Top 10
Popular crypto influencer Ben Armstrong, popularly known as Bitboy Crypto, in a recent video, analyzed the top 10 projects from 2013 to date. Per the video posted on YouTube, the...
Binance Regulatory Scrutiny Causes BNB to Drop Below $200
Recent developments and market sentiment have created an atmosphere of uncertainty around Binance Coin (BNB), with distrust for the exchange Binance, being the likely reason. Lately, Binance has been subject...
RBN, MASK, FLOW, GT, C98 Unlocks May Lead to Trade Opportunities
The tokenomics tracking platform Token Unlocks indicated at press time that several altcoins were on the verge of having tokens introduced to their supply. According to the platform, notable cryptocurrencies...
