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.
Joe McCann’s Accelerate Announces $1.51 Billion Solana Treasury Fund
Accelerate, a new Solana treasury initiative whose CEO is Joe McCann (also CEO and founder of Asymmetric), seeks $1.51 billion to acquire 7.32 million SOL tokens. Funding sources include $800 million...
Ghana’s Central Bank Initiates Move to Regulate the Crypto Industry
Ghana’s Central Bank is set to present a draft regulatory framework to address the nation’s cryptocurrency ecosystem, according to a Bloomberg report. If passed, the new rules would allow the...
WazirX Schedules July 30 Creditor Re-Vote As Per Amended Recovery Plan
WazirX has proposed an amended Scheme of Arrangement for its recovery plan and is now calling for a new vote from its creditors. The main revision shifts operational control to...
The SEC Accidentally Gives Out “Buy the Dip” Watchlist for Altcoins
The crypto market has slipped into red, and many investors are now looking at altcoins ‘to buy’ amid the ongoing dip. Recently, the U.S. SEC brought attention to nine altcoins...
Is Ethena Set for a Breakout? Market Indicators Point Toward Next Bullish Leg
Ethena (ENA) has shown signs of regaining bullish traction, even as it navigates a brief price pullback. After climbing from a low of $0.22 to a recent peak near $0.54,...
Cardano’s Hoskinson Calls Media Report About Suing a DRep ‘Straight-Up Fake News”
Cardano founder Charles Hoskinson has denied threatening legal action against a top community member amid an ongoing governance feud. Hoskinson was responding to a publication by an online media outlet...
The Psychology Trap: Why Most Traders Miss the Biggest Moves as ETH/BTC Breaks Out
Most traders fall into a psychological trap that causes them to miss major moves, but the recent ETH/BTC breakout signals a warning to act now. According to a chart shared...
Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App
Blockchain platform BORA has announced a collaboration with game developer Baligames to co-launch a new Web3 game on LINE NEXT’s Mini Dapp platform. The game, set to debut in the...
Shiba Inu Price Falls 12% After Rejection From Key Resistance
Shiba Inu (SHIB) continues to face mounting pressure as market sentiment turns cautious. Following a sharp rejection near the $0.00001558 resistance level, SHIB has now dipped to $0.00001330, marking a...
Solana, Jito Executives Named in Expanded $722M Pump.fun Lawsuit
The lawsuit against meme coin platform Pump.fun escalated further into the law firms Burwick Law and Wolf Popper now naming senior leaders from Solana Labs and Jito Labs as defendants. ...
Binance’s “Shariah Earn” Expansion Adds a New Bull Case for BNB
Binance, the world’s largest crypto exchange, has announced plans to expand access for its recently launched “Shariah Earn” staking platform. The platform, currently available in select nations like the UAE...
Don’t Be Fooled by Cheap ETH Gas; Look at the Exchange Balances Instead
The Ethereum network is sending deeply conflicting signals this week. On one hand, network activity has ground to a near halt, with gas fees plunging to rock-bottom levels. On the...
Unlisted PUMP Deposit on Binance Costs Trader $6 Million as PUMP Token Price Crashes 60%
A simple deposit error has highlighted the immense risks associated with cryptocurrency investments, as one investor lost approximately $6 million in just eight days due to a single oversight. How...
Bitcoin Dominance at a “Make-or-Break” Level for Altcoin Market
The crypto market is entering a critical transition phase. After weeks of consistent gains, especially for altcoins, momentum is beginning to slow and that often means a shakeout or fakeout...
Ripple’s RLUSD Stablecoin Earns Top “A” Rating; Here’s Why XRP Stands to Benefit the Most
Ripple USD (RLUSD), the U.S. dollar-backed stablecoin from Ripple, has received the highest possible rating from the Bluechip organization. Last Friday, Bluechip initiated its coverage of RLUSD with an initial...
A $1.9 Billion Staking Exit Hits ETH, but Is It Really a Bearish Signal?
Ethereum (ETH) is caught between the latest in ETH validator queues, market-wide sentiment shifts, and a technical setup that may soon evolve into a new trend. As of July 24,...
For the First Time in Two Years, More Money Is Trading Ethereum Than Bitcoin
The cryptocurrency market is currently at a tipping point, with altcoins showing remarkable momentum while Bitcoin remains locked in a narrow range. Despite Bitcoin’s recent attempts to break higher, the...
Nature’s Miracle Agri-Tech Company, Now With a $20 Million Corporate XRP Treasury
The publicly traded digital asset firm Nature’s Miracle Holding Inc. has announced a new corporate XRP treasury program worth up to $20 million. The company plans to use proceeds from...
Arthur Hayes Bets on ‘Internet Status’ Over Tech in the Punks vs. ETH Trade This Cycle
Arthur Hayes, co-founder of BitMEX, posted on X that CryptoPunks will outperform Ethereum this cycle in US dollar terms, arguing it’s less about blockchain fundamentals and more about status signaling...
Goldman Sachs, BNY Mellon Team Up on Blockchain for Money-Market Funds
Wall Street giants Goldman Sachs and BNY Mellon have introduced a new blockchain-based platform for institutional investors to access tokenized money market funds. The system, announced on July 23, allows...
CoinDCX CEO Vows a “Stronger” Comeback and Launches a 25% Bounty
India’s leading cryptocurrency exchange, CoinDCX, is pushing forward with renewed focus and resolve after suffering a $44 million exploit last week. CoinDCX to Come Back Stronger In a public comment...
Pudgy Penguins (PENGU) Claims Top NFT Spot With 546% Rally in Four Weeks
PENGU’s latest rally has caught the interest of many crypto analysts. A 546% price surge in less than four weeks has placed PENGU among the highest gainers in the emerging...
Cardano Is Now a Top 5 ‘Builder’ in Crypto, and Its Price Is Responding
Cardano (ADA) has quietly climbed in developer engagement this month, rising one spot to claim the #5 position among top crypto projects by GitHub activity, according to on-chain analytics firm...
Bitcoin (BTC) Price Still Has a Long Way to Go, According to Historical Whale Activity
As Bitcoin hovers around $117,000 after recently hitting a new all-time high, a telling shift is appearing in on-chain activity. According to new data highlighted by Bitcoin researcher Axel Adler...
Banks Say No to Ripple, but a Rare Fed Clause Could Force a Yes
Ripple’s quest for a national trust charter reveals intriguing details in Federal Reserve documents. Namely, under the section 12 CFR § 262.3, it’s stated that the Fed must publicize the application and generally...
