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.
Polygon’s MATIC Token Controversy: What’s Behind the Suspicious Flows?
Allocation disparities raise questions about Polygon's $250 million Hermez Network acquisition. Collaboration between Polygon and Binance in token movements raises a billion-dollar concern for investors.…
BlackRock’s Rapid Bitcoin Accumulation Challenges MicroStrategy’s Dominance
BlackRock's Bitcoin ETF growth challenges MicroStrategy, heralding a shift in digital currency investment. BlackRock and Fidelity's Bitcoin investments signify traditional finance's growing crypto interest. With…
Bitcoin ETF Approval Sets Stage for Altcoin Surge in 2024
Shifting market dynamics highlight Ethereum's possible ETF impact in guiding altcoin investment strategies. Analysis by Van de Poppe identifies altcoins like Arbitrum and Chainlink as…
Spot Bitcoin ETFs Would Push BTC Price to $500K: Crypto Trader
According to Ash Crypto, spot Bitcoin ETF impact would push BTC price to $500,000. The crypto trader believes Bitcoin will gain market cap from gold,…
$15B XRP Transfer to Bitfinex Was a Failed Exploit—What Really Happened?
However, Whale Alert later removed the post, citing issues with reading the Ripple node response, leaving many confused. Whale Alert, a cryptocurrency transaction monitoring account,…
The SEC Will Not Approve An Ethereum ETF Soon: TD Cowen
According to TD Cowen, it is unlikely for the SEC to approve an Ethereum ETF soon. TD Cowen expects the SEC to gain experience with…
TROLL Trader Earns $2.7M Following Elon Musk’s New Bio Update
According to Lookonchain, a crypto trader earned $2.7 million riding on Elon Musk’s new bio description on X. Lookonchain noted that the trader’s fortune turned…
Grayscale and FTX’s Selling Pressure Contribute to Bitcoin’s Downward Trend
SkyBridge Capital’s founder comments that BTC’s decline following the ETF approval is partially due to GBTC’s selling pressure. Scaramucci also relates Bitcoin’s downward trend to…
80+ Protest: Court Urged to Rework FTX Payout Plan Amid BTC 128% Surge
FTX customers object to a compensation plan that excludes crypto market gains over the past year. More than 80 individuals have filed objections challenging the…
BlackRock Bitcoin ETF Sees $111M Inflow, Rest of $1B Arrives Tonight
BlackRock's Bitcoin ETF starts with a $111 million inflow, with the remaining $889 million expected tonight. BlackRock's ETF sees a premium of 16bps, while Fidelity…
