Market
Welcome to Coin Edition’s landing page for everything related to the Market! On this page, you can find content such as Market News, Market Analysis, and Price Predictions. Coin Edition ensures that our readers are up to date with everything related to the market 24/7 and all over the globe. Staying tuned to the Market is important in the growing blockchain world and it is our responsibility at Coin Edition to compile them all for our readers’ sake. Therefore, let’s dive into the fun, volatile, and often unexpected world of the Blockchain and Cryptocurrency Market here at Coin Edition.
Crypto Whales Are Selling, But Prices Are Rising – What’s Going On?
Recent data indicates a decline in large transactions – those exceeding $100,000 – for major cryptocurrencies like Bitcoin, Ethereum, XRP, Toncoin, and Cardano. This trend, observed from late February to...
Japan’s Crypto Tax Shakeup: Flat 20% Rate Could Be Coming
The Japanese government is drawing up plans to reduce the maximum tax rate on crypto transactions; lower it from 55% to a flat 20%. This change aims to address investor...
XRP Ledger to Get Smart Contracts, Boosting Functionality
Ripple, the U.S.-based creator of the XRP Ledger (XRPL), is making a concerted push into the Asia Pacific region. The company aims to bolster crypto infrastructure in South Korea and...
Key Economic Events in September to Shape Crypto Markets
Cryptocurrency investors are gearing up for a pivotal September, with several major U.S. macroeconomic events on the horizon that could reshape their portfolios. The Federal Reserve’s interest rate decisions are...
Cardano’s Community: United in Vision, Bullish on Future
A segment of the crypto Twitter community is voicing concerns about Cardano’s (ADA) future, even as anticipation builds for its upcoming hard fork. A few argue that the community’s high...
Altcoins Face Downside Risk as Fed Rate Cut Looms: Analyst
Following Federal Reserve Chairman Jerome Powell’s recent comments about potential rate cuts at Jackson Hole, markets have reacted differently than anticipated. Prominent voices in the financial world, including former BitMEX...
Bitcoin’s Risk-Adjusted Returns Challenged: NVIDIA, Meta, Gold Rise
Bitcoin’s dominance in risk-adjusted returns is facing competition, according to the latest analysis by Ecoinometrics. Even with the launch of Bitcoin ETFs earlier this year, software company Meta and even...
Cardano Founder to Fill Void Left by X in Brazil with New Platform
Cardano founder Charles Hoskinson is stepping up to create a decentralized social media platform in Brazil after the nation’s Supreme Court banned Elon Musk’s X. Hoskinson announced his plans on...
Ethereum’s Block Production Centralized: 3 Builders Control 90%
Blockchain reporter Martin Hiesboeck recently shared a study that raised concerns about Ethereum’s decentralization. The report investigates the reasons behind this trend and examines the security implications for MEV-Boost auctions....
El Salvador Buys More Bitcoin, Adoption Still a Hurdle
El Salvador remains committed to Bitcoin, as evidenced by its growing holdings throughout August 2024. Despite facing hurdles in achieving widespread crypto adoption, the country continues to buy the dip,...
Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices
LUNA, LUNC, and USTC, the three cryptocurrencies tied to Terraform Labs, have shown mixed performance in the weeks leading up to the company’s bankruptcy plan hearing, scheduled for September 19....
IDA Raises $6M to Launch Hong Kong Dollar-Backed Stablecoin
Hong Kong-based digital asset company IDA has successfully raised $6 million in seed funding, with major backing from blockchain investors CMCC Global’s Titan Fund and Hashed. This investment propels IDA...
Bitcoin’s September Curse: Can 2024 Be Any Different?
September has historically been Bitcoin’s weakest month, with an average return of -5.36%. In the past 13 years, Bitcoin has posted positive returns only four times in September. However, market...
LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
A crypto whale known for shorting Bitcoin during the LUNA/UST collapse has invested $10.43 million in Ethereum. Data from Arkham Intelligence shows the whale purchased 4,192 ETH at an average...
Crypto Market Movers: ORDI, SEI, DYDX, WLD, and STRK
Several key tokens, including ORDI, SEI, DYDX, WLD, and STRK, are experiencing significant price action, making them ones to watch in the coming days. ORDI ORDI, the native token of...
Bitcoin’s Key Support Levels Under Pressure as September Begins
Bitcoin (BTC) is experiencing a volatile technical landscape as September begins. The cryptocurrency recently dropped below a crucial $62,000 monthly close, and the weekly chart now reveals a bearish collapse...
Analyst Predicts Sideways Movement for Bitcoin in September
Crypto analyst Willy Woo believes the Bitcoin market is gradually absorbing the large influx of BTC from recent sell-offs, including those by the German government and Mt. Gox. This sell-off,...
XRP Whales Trigger Excitement: Price Rally Yet to Follow
XRP whales recently withdrew 806 million tokens worth over $400 million from the exchanges. According to a cryptocurrency analyst on the Cheeky Crypto YouTube channel, the whales’ actions sent massive...
South Korea Probes Telegram Over Deepfake Sex Crimes
South Korean authorities are investigating messaging platform Telegram for its potential involvement in deepfake online sex crimes. The probe, according to Reuters report, will focus on whether Telegram facilitated the...
Japanese Financial Giant SBI Backs Metaplanet’s Bitcoin Push
Japanese financial giant SBI Holdings’ crypto division, SBI VC Trade, is partnering with investment firm Metaplanet to boost Metaplanet’s Bitcoin holdings. Announced on September 2, 2024, the collaboration will support...
Coinbase CLO Calls Out SEC’s Unclear Stance on FTX Repayment Plan
Coinbase’s Chief Legal Officer Paul Grewal has taken to X to criticize the U.S. Securities and Exchange Commission (SEC) for its unclear stance on FTX’s proposal to repay creditors using...
TON Blockchain Suffers Outages as DOGS Transactions Surge
The DOGS token, a new memecoin inspired by Telegram founder Pavel Durov’s pet dog, Spotty, has experienced volatility due to recent network disruptions on the TON blockchain. These disruptions, triggered...
Cardano’s Chang Upgrade Fuels Debate on Founder’s Role
Cardano founder Charles Hoskinson is not taking criticism lying down. He recently fired back on X (formerly Twitter) at SynthLuvr, founder of blockchain interoperability platform Mynth, who questioned Hoskinson’s role...
Trump’s Crypto Courtship Pays Off: 50% of Crypto Owners to Vote for Him
A recent poll by Fairleigh Dickinson University (FDU) revealed that cryptocurrency holders are more likely to support former U.S. President Donald Trump in the upcoming 2024 presidential election. The survey...
Bitcoin Halving’s Delayed Impact: Bull Run in Q4?
Bitcoin (BTC), the world’s leading cryptocurrency, could see a massive surge in the next 50-100 days, according to Crypto Rover, a prominent analyst on X (formerly Twitter). The top digital...
