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.
On-Chain Data Shows that ADA Rally is Driven by Smaller Investors
Data from IntoTheBlock, the AI platform that provides actionable intelligence for crypto assets, shows a drop in whale activities on the Cardano network in the past 30 days. According to...
‘The Five Pillars of the 21st Century’ According to Charles Hoskinson
Blockchain and cryptocurrency expert Charles Hoskinson, CEO and founder of the blockchain research firm Input Output Hong Kong (IOHK) and creator of the blockchain platform Cardano, shares his insights on...
CryptoQuant CEO Shares Insights About Korean Trader Habits on Twitter
The CEO of CryptoQuant, Ki Young Ju, took to Twitter this morning to add to an old thread from 2021 about the habits of Korean traders when withdrawals are suspended....
USDT, USDC, and TUSD Markets Hit Highest Levels Since June 2021
CryptoCompare, a leading crypto data provider, recently published a report on the stablecoin market, highlighting the epic recovery of stablecoins USDC, DAI, and FRAX after they had lost their $1...
Recent Data Shows XRP’s Social Dominance Shines at Yearly High
The blockchain analysis firm Santiment (@santimentfeed) tweeted yesterday that social dominance for Ripple (XRP) is at its highest point in a year. The tweet added that this spike in Ripple’s...
Tech Company CTO Slams Cryptocurrencies as Useless for Society
In a recent talk show with Bloomberg, US chip-maker Nvidia’s CTO, Michael Kagan, has criticized cryptocurrencies for not bringing any useful contribution to society. Instead, Kagan believes that processing power...
Sell Pressure in the Crypto Market Is Fading Suggests Data
The Twitter user that goes by the name of MilkybullCrypto (@MilkybullCrypto) tweeted yesterday that the next week will be interesting for the crypto market. In the tweet, the Twitter user...
Trader Is Bullish on the Crypto Market Given the Banking Crisis
The crypto trader and analyst. DonAlt (@CryptoDonAlt), tweeted yesterday regarding Bitcoin (BTC). In the tweet, the crypto analyst stated that all he sees is “disbelief,” as he mentioned the extreme...
APE Flipped WETH As The Most Traded Token Among Top ETH Whales
The well-known crypto whale tracking platform, WhaleStats, took to Twitter this morning to share some new data about the trading habits of some of the largest Ethereum (ETH) whales. According...
ARB One Of This Week’s Biggest Losers Mere Days After Its Launch
The Federal Reserve’s announcement about the interest rate hike resulted in a very bearish week for most of the cryptos in the market. On the other hand, there was some...
Here Are The Biggest Crypto Gainers And Losers For The Past Week
The past week has not been the best for the crypto market after the Federal Reserve hiked the interest rate by 25 basis points. Many cryptos like Arbitrum (ARB), Optimism...
ETH May Continue to Weaken Against BTC in the Coming Days
The popular crypto trader KALEO (@CryptoKaleo) tweeted yesterday that ETH/BTC “still looks terrible”. The tweet builds on to a long thread that was first created back on December 22 of...
SEC’s War Against Crypto is Scare Tactics, Says John Deaton
John E Deaton, the lawyer and Managing Partner of the Deaton Law Firm shared his convictions on the Securities and Exchange Commission’s (SEC) war against crypto as a strategic move...
Ark Invest CEO Criticizes Regulators for Denying Access to Crypto
Cathie Wood, the CEO and CIO of the investment management firm Ark Invest criticized the crypto regulators for depriving US citizens the access to crypto, adding that the regulators have...
Voyager Digital’s Bankruptcy Costs Less Than Half Of Celsius’
As Voyager Digital’s sale to Binance US nears, crypto sleuths are digging into the finances surrounding the defunct crypto lender’s bankruptcy. A crypto influencer who goes by the name Camc...
Twitter CEO Raises Voice Against Fed’s ‘Foolish’ Interest Hikes
Elon Musk, the CEO and owner of the American social media platform Twitter, commented that the depositor flight is significantly driven by the investors’ tendency to shift money from low-interest...
Billions of Dollars Missing from US Banks, CryptoQuant CEO Reacts
The Economist recently shared a news piece that reveals that hundreds of billions of dollars are missing from American banks. Binance CEO Changpeng Zhao shared the news on Twitter. CryptoQuant...
Cryptos and Equities Drop as Fed Announces Interest Rate Hike
Santiment (@santimentfeed), the blockchain analytics firm, tweeted yesterday that an overreaction from traders to the recent bloodbath in the crypto market may be a bullish sign. The tweet followed the...
Tim Draper Dedicates a Bitcoin Song at Paris Blockchain Week
On Friday, an American venture capitalist, Tim Draper, spoke on the main stage at the ongoing Paris Blockchain Week (PWD) 2023. His keynote speech was entitled “The Decentralization of Everything,”...
Institutions Move Millions Into Crypto Ahead Of Fed Rate Decision
The highly anticipated U.S. Federal Reserve’s interest rate announcement, which is scheduled for later today, has prompted the transfer of millions of dollars. On-chain analytics firm Lookonchain recently highlighted the...
White House Economic Report: Cryptocurrency Falls Short of Promises
The White House Council of Economic Advisers has criticized crypto assets. In the Economic Report of the President, published on March 20, there are over 30 pages detailing the council’s...
DAOs Receive Millions in Airdrop on Arbitrum Ecosystem
DAOs building applications on the Arbitrum ecosystem have received millions of dollars in a separate airdrop distribution. The airdrop distribution was based on factors such as when the protocol launched,...
USDC and USDT Sustain Tight Stablecoin Dominance Contest
Data from Cryptoquant, the on-chain data platform, reveals a close contest between USDC and USDT stablecoins in terms of dominance. According to a Cryptoquant analyst, the market capitalization share of...
Traders Believe BTC Will Continue to Rise in the Coming Days
Renowned crypto analyst and trader Michael van de Poppe (@CryptoMichNL) tweeted this morning that the crypto market leader, Bitcoin (BTC), is slowly grinding upwards. In the tweet, van de Poppe...
Euler Finance Approached by Exploiter To Reach an Agreement
On March 21, cryptocurrency sleuth platform CertiK Alert tweeted that the lending platform Euler Finance was contacted by an exploiter through on-chain messages. While the situation could have caused alarm,...
