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.
FBI Takes Down Crypto Wash Trading Ring Seizes $25 Million
The FBI has uncovered a “wash trading” syndicate. The syndicate comprised token developers, promoters, and market makers. Four of the arrested suspects have pleaded guilty.…
Northern Data Group’s Q3 Revenue Soars 235% on AI Computing Demand
Northern Data Group's Q3 2024 revenue surged by 235% year-on-year, reaching EUR 59 million. Tether CEO Paolo Ardoino revealed that Tether relies on their computing…
TRON DeFi Explodes with SunPump Launch, DEX Volumes Surge 150%
SunPump fueled TRON's strong revenue growth and significant rise in DEX trading activity. TRX's deflationary model increased its market cap and improved its position among…
XRP ETF Approval Could Spark Broad Crypto Market Rally
XRP ETF approval could signal regulatory shift, boosting confidence in digital assets. Altcoins like Litecoin are gaining traction amid rising speculation and market interest. Upcoming…
Trump’s WLFI Token Flop: Only 4.24% Sold, Tech Issues Rampant
Donald Trump’s WLFI token became a failure despite its initial hype. Only 4.24% of the token’s total supply was sold even after a full day…
Shiba Inu Burn Rate Surges 14,575%, SHIB Price Jumps on Token Scarcity
Shiba Inu's burn rate surged by 14,575%, eliminating 279 million tokens and boosting network activity and price growth. SHIB’s active addresses jumped 37.93%, signaling rising…
Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
ETFs acquired over $1.38B in Bitcoin this week, marking significant investor confidence. BlackRock's BTC holdings face volatility, reflecting broader cryptocurrency market dynamics. Fidelity's FBTC ETF…
Dogecoin and Bonk Rally, But Experts Warn of Market Correction
Dogecoin's RSI nearing the overbought level suggests a potential price correction, but room for short-term growth remains. Bonk's RSI remains neutral, hinting at price stabilization…
Ripple to Prioritize RLUSD Stablecoin for ODL Over USDC and Tether
Ripple plans to leverage RLUSD over USDC for new ODL opportunities and growth. Stablecoin regulations could benefit RLUSD by enhancing Ripple’s market positioning. Despite SEC…
Stripe’s Largest Acquisition Yet: Stablecoin Startup Bridge for $1 Billion
Stripe aims to boost stablecoin integration via its potential $1B acquisition of Bridge. Bridge's API tech enhances Stripe's crypto payments, aligning with its stablecoin ambitions. …
