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.
Solana’s Meme Coin Frenzy: Hype or Sustainable Trend?
Solana (SOL) is poised to close the year as the best-performing altcoin. Trading at a price level last observed in April 2022, the coin’s value has risen by 95% in...
SAND Potentially Reaching Bottom, Analyst Hint at Future Upswing
The price of SAND, the token that powers the metaverse-based game, The SandBox, might be near its bottom and ready for an upward correction, analyst Ali Martinez noted in a...
Binance Broadens Margin Trading: Dogecoin and Major Cryptos Added
Dogecoin gains traction as Binance diversifies margin pairs. Binance’s strategy evolves with major cryptos in the margin trading lineup. By widening crypto options, Binance adds DOGE, ADA, and AVAX to...
XRP Price Analysis for December 25: Is the Price Ready To Rise?
Despite Ripple’s (XRP) Head and Shoulder (H&S) structure, the weekly close was below resistance, technical analyst Cryptoes revealed. The H&S pattern is a chart formation that spots a bullish to...
Shiba Inu Records Decline In Exchange Supply Since November
Meme coin Shiba Inu [SHIB] has witnessed a significant removal of tokens from cryptocurrency exchanges since November. On-chain data obtained from Glassnode showed that a staggering 8 trillion SHIB tokens,...
Yield Farmer Turns $9k to $9,853,086 in 2 Days: Here’s How
A yield farmer has captured widespread attention in the crypto community for adeptly turning a modest $9,414 sum into an impressive return on investment (ROI) of 104,564%. Prominent crypto on-chain...
Prometheum Earns Approval For A SEC-Compliant Crypto Investment Firm
According to reports, the potential crypto investment firm that intends to offer a program that complies with the rules of the US Securities and Exchange Commission (SEC), Prometheum, has been...
Bitcoin (BTC) to $12,000? That’s a Big No, HODLer States
Pseudonymous long-term holder of Bitcoin (BTC) and trader Mags has declared that those expecting BTC to drop to $12,000 would be waiting forever. According to the analyst, Bitcoin has risen...
Nigeria’s Crypto-Friendly Move Aids Yellow Card’s Plan to Expand
Yellow Card, Africa’s largest centralized crypto exchange, has announced its plans to apply for a license in Nigeria following the Central Bank of Nigeria’s (CBN) strategic move to lift the...
Dogecoin Sees Surge in New Demand, Price Lags Behind
Leading meme coin Dogecoin [DOGE] has witnessed a surge in demand in the last week. In a post on X (formerly Twitter), crypto analyst Ali Martinez noted that the coin...
SEC Apologizes for Freezing Crypto Firm Assets with False Claims
SEC apologizes for misleading judge to freeze crypto firm assets based on inaccurate claims. Judge scolds agency for potentially undermining case integrity with false statements. DEBT Box, the accused firm,...
Hong Kong Becomes First Asian Market to Greenlight Crypto Spot ETFs
Hong Kong regulators declared their willingness to entertain applications for spot crypto ETFs. The Hong Kong Stock Exchange expresses its intention to capitalize on the development. Hong Kong Stock Exchange...
Bulgarian Prosecutor Closes Case Against Nexo For Lack of Evidence
The Bulgarian Prosecutor’s Office has closed its investigation into Nexo. According to reports, the case against Nexo was closed due to lack of evidence. In January 2023, the prosecutor alleged...
SEC Issues Deadline for Spot Bitcoin ETF Players to Finalize Changes
SEC recently convened with reps seven firms aiming to introduce spot Bitcoin ETFs. ETFs.Executives at the meetings revealed that the SEC had set a deadline of December 29 for final...
Arbitrum (ARB) and Optimism (OP) Are Ready to Run: Analyst
ARB and OP may be ready for an upward run, an analyst opined. ARB was overbought but an entry around $1.10 could be perfect before another increase. OP may eye...
Paxos Receives Regulatory Nod from NYDFS to Offer USDP on Solana
Paxos acquires regulatory nod from the NY DFS for its expansion to Solana. The platform will issue Pax Dollar on Solana on January 17, 2024. Solana’s co-founder, Raj Gokal, asserts...
Nigeria’s Apex Bank Lifts Ban on Crypto, Issues Fresh Guidelines
The Central Bank of Nigeria (CBN) released a circular containing guidelines on virtual assets service providers (VASPs). The circular signaled a shift from the CBN’s original position, which restricted crypto...
Hashdex Names BitGo as Bitcoin ETF Custodian in Amended Application
Hashdex has updated its Bitcoin ETF filing, naming BitGo as its custodian. The crypto asset management company also changed the name of its Bitcoin Futures ETF to the Hashdex Bitcoin...
BitMEX Co-Founder Predicts the Death of Bitcoin Following ETF Launch
BitMEX co-founder Arthur Hayes predicts the destruction of Bitcoin following the ETF launch. Hayes asserts that the success of traditional finance platforms’ ETFs will result in the death of BTC....
Solana Soars, Sparking Speculation: Can the ‘Ethereum Killer’ Live Up to the Hype?
SOL’s YTD performance is an 809.50% increase after starting the year below $10. Solana’s TVL has been recovering, but Ethereum stays on top of other chains. SOL may hit $100...
SEC ‘Regrets’ Misleading Statements in DEBT Box Case, Coinbase CLO Skeptical
SEC ‘Regrets’ Misleading Statements in DEBT Box Case, Coinbase CLO Skeptical
DOT Traders Looking to Open Longs Should Watch Out, Here’s Why
The price of Polkadot (DOT) crossed the $8 mark on December 21, thanks to a 7.02% increase in the last 24 hours. The increase marked a moment of relief for...
MATIC and ADA’s Unexpected Recovery Raises Eyebrows
In a recent development, a Polygon whale transaction has caused ripples through the market. This event unfolded as the whale transferred 26 million MATIC tokens to Coinbase, a cryptocurrency exchange. ...
On-Chain Metrics Suggest BTC Capitulation Is Imminent: Analyst
There has been a slight rally in BTC’s exchange reserve in the past two weeks. BTC’s past performance shows that whenever this happens, a price fall is imminent. A key...
PEPE Falls 13% In 7 Days: Is a Reversal In Sight for the Meme?
Profit-taking led PEPE’s price to breach the $0.0000013 support. A slide below $0.0000012 is likely before the possible rise in value. PEPE may retest $0.0000014 if the token becomes oversold...
