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.
Nansen AI Reports Binance Faced Loss In Asset Holdings In One Month
Crypto, DeFi, and NFT analytics platform, Nansen AI shared in a recent tweet that leading cryptocurrency exchange Binance has suffered a loss of assets in the last month. According to...
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure...
US Democrats Decide to Pay Back SBF’s $1 Million Political Fund
Subsequent to the arrest of Sam Bankman-Fried, the former CEO of the recently collapsed crypto exchange FTX, the three top US Democrats, namely, the Democratic National Committee (DNC), the Democratic...
Bitvavo’s $296.30 Million Locked at DCG: DCG Faces Liquidity Issues
Reportedly, Bitvavo, the Dutch-based crypto firm and a prominent European market leader offering tailor-made services for crypto investors, announced that 280 million euros, an equivalent of $296.30 million, has been...
A Deep Dive into Binance’s Exchange Balances vs Proof-of-Reserves
With investors on high alert following the FTX crash, crypto exchange Binance has recently been under the spotlight. Mazars, an accounting agency, recently audited Binance’s Proof-of-Reserves report. Some market participants,...
Validators Have Accepted the Proposal 11030 Made by Terra Rebels
Reviving a lost community, the controversial proposal 11030 made by Terra Rebels has passed. This proposal offers to separate the Terra Classic (LUNC) from Terraform (TFL) backend infrastructure and assets...
Crypto Analyst Shares His Forecasts for BTC, ETH, BNB, LINK, MATIC, LTC
The global crypto market cap is down 1.27% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. As a result, the total stands at $859.92 billion....
Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB
As per the latest data from CoinMarketCap, Solana (SOL) has now dethroned Tron (TRX) and Shiba Inu (SHIB) in terms of market capitalization. SOL, which was earlier in the sixteenth...
Japanese Electric Firm Will Utilize Surplus Power on Crypto Mining
Japan’s utility firm, ‘Tokyo Electric Power Grid’ (TEPCO) is getting along with local mining rig manufacturer TRIPLE-1 to utilize the surplus power for crypto mining. As per the press release,...
Authorities Accuse SBF of Diverting FTX Funds to Political Campaigns
Federal officials accuse Sam Bankman-Fried, the founder of FTX, of committing unlawful political contributions totaling tens of millions of dollars to both Republican and Democratic leaders. According to the prosecution,...
AXS, MANA, Among Top-performing Metaverse Coins in Last 24 Hours
The global crypto market saw a $27 billion inflow in the last 24 hours, and the utility coins of the Metaverse took a substantial part of the increase. The current...
Crypto Twitter Raises Eyebrows as Justin Sun Moves Funds in 24hrs
The founder of the TRON blockchain, Justin Sun, has been moving huge funds across various crypto businesses. The crypto community has begun raising eyebrows at the unusual transactions. Today, Sun...
Successful 24 Hours For Shiba Inu Addresses And Burn Rate
Earlier this morning, Glassnode reported that the number of Shiba Inu (SHIB) addresses has reached a new peak. The figure rose to more than 3 million addresses and continued to...
BTC’s Price Is up as Market Anticipates Fed Interest Rate Hike
The price of the crypto market leader, Bitcoin (BTC), has risen over the last 24 hours according to CoinMarketCap. At press time, BTC is trading at $17,187.00 after a 1.38%...
Cardano Founder Claims Settlement Date For Ripple Vs SEC Case
During an ongoing Ask Me Anything video streaming live on YouTube on December 12, the Cardano founder, Charles Hoskinson made a fierce claim about the 2-year-long lawsuit between cryptocurrency payment...
Trades Above $100k on Shiba Inu Jump by Record 300% in 24 Hours
According to data from on-chain analytics firm, IntoTheBlock, large-scale transactions on one of the most popular meme token, Shiba Inu (SHIB), has seen a sudden 300% rise in the last...
BTC Holders Get Richer When Fed Prints ‘Fake Dollars’: Robert Kiyosaki
Renowned author of “Rich Dad, Poor Dad,” Robert Kiyosaki, contends Bitcoin investors will gain more wealth than “fake money savers.” He actively encourages his followers on social media to buy...
Crypto Influencer Machi Big Brother Stakes 903,859 APE: Lookonchain
A tweet made by the blockchain analysis company, Lookonchain, this morning shows that the crypto influencer, Machi Big Brother (@machibigbrother), withdrew 597,191 Apecoin (APE) from Binance 10 hours ago. The...
Justin Sun Adds Fund to USDD; Community Still Feels USDD is Unsafe
The Tron DAO algorithmic stablecoin USDD is yet to return to its $1 peg after slipping since November 9, 2022. Recently, Justin Sun, the Chinese founder of the Tron blockchain,...
Supply of Bitcoin has Ended; Arthur Hayes Releases New Blog
Arthur Hayes told in his recent post that the supply of cryptocurrencies from CELs, BTC miners, and ordinary speculators have ended. He added that there are possibilities for the rise...
Cardano (ADA) Has Recently Surpassed 7.2 Million in Native Assets
Cardano has recently surpassed 7.2 million in native assets. The ADA network was able to process 66,000 transactions over the last 24 hours. ADA’s price has dropped slightly according to...
BTC Has Become More Reliable and Steady Over the Last Decade
The price of BTC has dropped 0.29% over the last 24 hours. The crypto market leader is trading at $17,158.10 at press time. A recent tweet shows that BTC has...
Eight Global CEO Eager to Test AVAX If It Hits $17 Resistance
CEO of Eight Global to go long position with AVAX if it was to hit $17. AVAX has been trading in the green zone for the past seven days. AVAX...
Report: UAE’s NFT Market Grows 45.5% by $982.1 Million in 2022
Research and Markets, a leading research firm has released “UAE’s NFT Market Future Growth Databook.” The UAE’s NFT market is booming due to embracing new technology. UAE’s NFT Value would...
Kevin O’Leary Reveals He Got Paid $15 Million to be FTX Spokesperson
Shark Tank judge and Canadian entrepreneur Kevin O’Leary speaks about FTX’s demise. O’Leary was paid $15 million to be the spokesman of the now-defunct exchange. Post the collapse, he lost...
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