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.
U.S. Debt Projections Stable Until 2034, Despite BlackRock’s Warnings
BlackRock's Bitcoin ETF, IBIT, sees record $1.1B inflows, marking its best week since March, dominating U.S. crypto ETF market. CBO data suggests that despite concerns…
Democrats Embrace New Tech Strategies with a Focus on Crypto Innovation
Democrats must embrace tech innovation, especially in crypto, to remain competitive globally. Future Forward’s $100 million fundraising highlights strong support for pro-tech candidates. Bipartisan engagement…
First Spot Litecoin ETF Filed with SEC by Canary Capital
Canary Capital files for the first US spot Litecoin ETF amid rising institutional demand. Grayscale Litecoin Trust dominates the market, holding $127.4M in assets under…
Cardano Forges Alliances with Major Blockchain Networks
Cardano collaborates with Polkadot, Algorand, and Avalanche to enhance blockchain interoperability. Strategic alliances with Hedera and Ripple aim to improve transaction speed and security. These…
Crypto Tax Comparison: Japan vs. United States
Japan taxes cryptocurrency as income with rates up to 55%, including an inhabitant tax. The US taxes crypto as property, applying capital gains rates based…
Pro-Crypto Super PAC Invests Millions in 2024 U.S. Congressional Races
Fairshake PAC spent $29M in September, heavily influencing tight U.S. House races. Crypto donations are bipartisan, with $6.2M going to Democrats and $2.3M to Republicans. …
Solana (SOL) Price Prediction: Cup & Handle Pattern Points to Massive Surge
Solana's Cup & Handle pattern suggests a possible parabolic move to $370. The Ethena community proposes integrating Solana into its USDe backing strategy. SOL holds…
Korean Investment Giant KIC May Invest in Crypto Directly
KIC will consider direct crypto investment when the industry secures legal stability. The KIC invested KRW 4.2 billion in MicroStrategy. KIC’s MicroStrategy option is an…
Bitcoin Consolidates Near All-Time High With 320,000 Active Addresses
Over 320,000 active Bitcoin addresses interact at current price levels. Also, 220,000 addresses have an average purchase price of $68,500. Potential support is forming around…
Elon Musk Remains Neutral on XRP, Cites Crypto’s Role in Individual Freedom
Elon Musk declines to endorse XRP and maintains a neutral stance. Musk emphasized the broader role of cryptocurrency in promoting individual freedom and decentralization. Musk…
