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.
Binance Sets CoinDesk Acquisition Bid Aside; ‘Not a Fit,’ Says CZ
Binance Capital Management would no longer buy CoinDesk. Binance CEO said CoinDesk was ‘not a fit’ in its geographic coverage. CoinDesk CEO said the sale…
USDC’s De-peg Did Not Influence ETH and BTC’s Prices: Report
Santiment tweeted its latest insights about the USDC fiasco. The report suggested that USDC’s de-peg was a result of artificial FUD. USDC has been able…
Euler DeFi Protocol Faces Loss of $177M In Major Attack
Ethereum-compliant lending protocol Euler Finance lost $8 million in an attack. In 2022, it raised $32 million from industry giants Coinbase, Jump, Jane Street, Uniswap,…
Lido DAO Token Surpasses Top Blockchains in Development Activity
Lido DAO token got more development activities than DOT and AVAX networks. Cardano blockchain led last week with over 530 development activities. Lido DAO’s trading…
Algorand Foundation CEO Explains Blockchains Role In Finance
Algorand Foundation CEO Staci Warden talked about blockchain in an interview with Yahoo Finance Live. Warden spoke about the potential of blockchain technology’s role in…
$1 Billion Buying Pressure on BTC, ETH, BNB: CryptoQuant CEO
CryptoQuant’s CEO tweeted that there is currently $1 billion in buy pressure in the market. Binance announced that it will convert the last of its…
BTC & ETH Funding Rates Hit 4 & 6-Month All-Time Lows, Reports Crypto Analyst
Bitcoin and Ethereum funding rates hit 4 and 6-month lows respectively. Shift from USDC to BTC led to a significant BTC premium on Coinbase. Bitcoin…
FXS Being Down 20+% Presents Perfect Buying Opportunity For Whale
A whale swapped part of his Lido DAO (LDO) for Frax Share (FXS). FXS is currently trading hands at $6.67 after a 20.85% drop in…
XRP on Top 10 Purchased List Among 500 Biggest BSC Whales
WhaleStats tweeted that XRP made its way onto the top 10 purchased list among the 500 biggest BSC whales. XRP’s price has risen 0.47% over…
Analysis Platform Reveals The BTC Price Could Rise Again Soon
The move up for the crypto market leader BTC has begun. BTC’s price stands at $10,260.34 at press time. The BTC price is currently being…
