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.
AI Coins Surge Driven by Nvidia’s Earnings and OpenAI’s Big Move
Bullish attitude dominates in the AI market, as seen by strong price increases for numerous AI currencies. Semiconductor companies are driving AI coin rallies, with Nvidia’s earnings report and market...
Binance, KuCoin Secure India FIU Registration Amid Regulatory Storm
Binance’s compliance status remains uncertain pending a hearing with FIU-IND. KuCoin and Binance are working towards compliance with India’s anti-money laundering regulations. Indian authorities are tightening regulations, leading some exchanges...
FTX’s Bankman-Fried Trading Rice Behind Bars Amid Fraud Conviction Appeal
Sam Bankman-Fried, co-founder of FTX, is now using rice as currency while he is being detained in MDC, Brooklyn, for his fraudulent activities and will serve a 25-year sentence. Bankman-Fried...
Tesla Now Accepts Dogecoin, Could X Follow Suit?
Elon Musk, a longtime supporter of Dogecoin (DOGE), has integrated the meme-based cryptocurrency into Tesla’s payment system. Customers can now purchase select merchandise using DOGE on the Tesla website. This...
Bitcoin’s ‘Kimchi Premium’ Shrinks Amidst South Korea’s Fading Crypto Fervor
The Kimchi Premium, often regarded as a gauge of South Korea’s interest in cryptocurrencies, has been consistently decreasing, hitting 1.54% on a recent Friday afternoon in Asia. This metric reflects...
RNDR Surges 11% Following Apple’s Octane Mention
Render Token (RNDR) printed an 11% uptick after Apple briefly mentioned Octane, a 3D design software powered by the Render Network while unveiling its latest iPad featuring the M4 chip. ...
Shiba Inu Burn Rate Spikes Over 5500%, SHIB Readies for Rally
The meme coin sector recently witnessed Shiba Inu grabbing attention again as its burn rate soared by over 5500%. On May 10, the Shibburn tracker reported that approximately 26 million...
Dogwifhat’s WIF Gains 13% Weekly Attracting $4.2M Whale Purchase
Dogwifhat (WIF), a Solana-based token inspired by a dog meme wearing a pink knitted cap, has surprised the market. Despite a bearish month for cryptocurrencies, WIF’s valuation defies gravity, soaring...
BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown
BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure...
Kraken Asks The Court to Dismiss The SEC’s Case in Recent Filing
Kraken, a United States-based cryptocurrency exchange, has filed a motion asking the court to dismiss a case filed against it by the U.S. Securities and Exchange Commission (SEC). According to...
Pantera Capital Leads Blockchain Investment in Telegram’s TON
In a move signaling confidence in the future of Telegram’s blockchain network, Pantera Capital, a leading venture capital firm specializing in blockchain technology announced its largest ever investment in TON....
Ohio State’s Bitcoin Blunder As Public Pushback Unleashes Crypto Conundrum
As per Bloomberg report, the commencement speech at THE Ohio State University took a controversial twist as crypto entrepreneur Chris Pan’s remarks on Bitcoin were met with boos and jeers...
Will Bitcoin Hit $1 Million By 2030? Insights from Jack Dorsey
Jack Dorsey, the former CEO of Twitter, reiterated his bullish perspective on Bitcoin (BTC), forecasting that the pioneer cryptocurrency could reach $1 million by 2030. He added that Bitcoin could...
Eclipse Founder Distances Himself from the Firm Amid Allegations of Sexual Misconduct
Neel Somani, the founder of Eclipse, Ethereum’s fastest L2 solution powered by the Solana Virtual Machine, focused on privacy, security, and decentralization, has faced allegations of misconduct, ranging from inappropriate...
Canadian Financial Watchdog Fines Binance $4.4M Over Policy Breaches
Canada’s financial crime watchdog, the Financial Transactions and Reports Analysis Centre (FINTRAC), has fined Binance, the world’s largest cryptocurrency exchange by trading volume, a hefty penalty of 6 million Canadian...
Base Sees Increasing Adoption: Does It Hint at a Base Season?
Base, a relatively new Ethereum Layer 2 network launched by Coinbase, has seen increasing adoption driven by the rise of SocialFi (Social Finance) applications and the growth of Base memecoins....
SBI VC Set To Become a Validator On The XRP Ledger From May 10
SBI VC, a foremost cryptocurrency exchange operator in Japan, has announced that it will begin operating nodes as a validator on the XRP ledger from May 10, 2024. According to...
Only 14% of Stablecoins Survive, Says Deutsche Bank Research Report
In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...
Shiba Inu’s SHIB Price Slumps Despite Nexo Listing
Nexo lists Shiba Inu (SHIB), now trading at $0.00002273 amid a price drop. SHIB’s market cap fell to $13.41B as trading volume dropped by 34.91%. Key support at $0.00002264 could...
Floki Named Title Sponsor of International Sports Tournament
Floki, a dog-themed meme coin, is making its mark on the sports arena by securing sponsorship for an upcoming three-match cricket series between Ireland and Pakistan, slated to kick off...
X.AI Corp. Eyes $6 Billion Funding Round, Backed by Sequoia Capital
Elon Musk’s artificial intelligence startup, X.AI Corp., is on the brink of finalizing its funding round at a staggering valuation of approximately $18 billion, sources familiar with the matter revealed....
Cardano’s ADA Rallies Amid Bullish Market Projections
Cardano’s ADA has recently faced significant scrutiny, creating a stir within the crypto community. The token has long struggled to breach critical price barriers, suffering a monthly decline of over...
SEC’s Crypto Crackdown Persists Despite Industry Compliance Efforts: What’s Next?
The SEC’s intense legalistic activity targeting both large and small, has become a prominent feature of the regulatory landscape. Recently, Robinhood found itself in the crosshairs of the U.S. Securities...
Near Protocol’s Official X Account Sparks Concern with Cryptic Posts: Is It Compromised?
Near Protocol’s recent cryptic X posts from its official account have sparked speculation and concern within the crypto community. The posts, which include messages like “Darkness is coming” and “reclaim...
BSV and XRP Supporter Argue Over Altcoins’ Superiority
A prominent crypto user identified as Mr. Huber on X has engaged an XRP critic in a debate. Point by point, Mr. Huber attempted to debunk the points raised by...
