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.
El Salvador Boosts Tech Industry by Removing Taxes on Innovations
El Salvador has signed a law that eliminates taxes on technological innovations. The initial announcement of the bill was made in March 2023. Nevertheless, El Salvador President Nayib Bukele has...
ETH Volatility Is Imminent Following a Spike in Active Deposits
The blockchain intelligence firm Santiment shared a recent milestone for Ethereum (ETH) in a tweet this morning. According to the post, Ethereum’s active deposits recently hit an 8-month high. As...
Bill Morgan: The SEC Stretching the Howey Test in Case Vs Ripple
According to digital assets enthusiast Bill Morgan, there is no doubt the US Securities and Exchange Commission (SEC) is trying to stretch the Howey Test in its case against Ripple....
NKN Price Prediction 2023-2030: Will NKN Price Hit $1 Soon?
As described on its website, NKN is a peer-to-peer decentralized network aiming to disrupt the traditional centralized server model of Internet and telecoms networks. One of the aims of NKN...
PEPE’s Market Cap May Soon Reach $1B According to Trader
The crypto trader Nebraskangooner tweeted an update for his Pepe (PEPE) analysis today. In a tweet on Wednesday, the trader had predicted that there would be a 50-65% correction in...
Potential Sale of PacWest Bancorp Discussed Amid Stock Price Drop
PacWest Bancorp is exploring strategic options following the collapse of First Republic Bank. As its shares continue to plummet, the bank has announced that it is in talks with various...
Armstrong Calls Out Senator Warren For Anti-Crypto Stance
Ben Armstrong, better known as BitBoy Crypto, has taken aim at Elizabeth Warren, the Democratic Senator from Massachusetts. The crypto influencer called out Senator Warren for her corrupt practices and...
CryptoQuant’s Author MAC.D Explains Drop In ETH Price
Leading on-chain data analytics provider CryptoQuant’s author MAC.D diagnosed the fall of Ethereum’s (ETH) price. The cause and effect relation is intricately explained in an article published by CryptoQuant on...
Bank Failures May Be ‘Appetizer’ to a Larger Crisis: Coinbase ex-CTO
Recently, experts in the crypto community have been arguing over the potential for a financial crisis and bank failures, mainly in the United States, given the U.S. Federal Reserve (FED)’s...
CakeDeFi CEO Reveals Shocking Truth About Crypto Custody Providers
CakeDeFi CEO Julian Hosp took to Twitter earlier today to post a video titled ‘The Shocking Truth About most Cryptocurrency Custody Providers.’ In the one-minute-long video, Hosp explained the concept...
Coinbase vs. SEC: Court Mandates Timely Response on Regulatory Clarity
In a recent development, the Third Circuit court ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s formal rulemaking petition on digital asset regulation within 10 days,...
Here Are the 7 Altcoins to Look Out for During the Month of May
The U.S. Federal Reserve announced a 25-basis points interest rate hike yesterday. This announcement resulted in a relief rally within the crypto market, given that it is the last fiscal...
WallStreetBets’ WSB Token Tanks 90% Amid Rug Pull Allegations
The WSB token affiliated with the popular finance subreddit WallStreetBets has tanked more than 90% amid allegations of a rug pull after insiders dumped several hundred thousand worth of WallStreetBets...
PEPE Surges Over 50% Amid High Demand and Bullish Momentum
Despite PEPE being listed on BitMEX on May 3, bears controlled the early trading hours, driving prices down until support reached around $0.0000008471. After regaining market dominance, bulls drove the...
‘Relist XRP on Coinbase’ Trends Again as Legal Officers Hangout
Crypto users suspect Coinbase may relist XRP after seeing Ripple Chief Legal Officer (CLO), Stuart Alderoty, hanging out with Coinbase CLO Paul Grewal. In a tweet, Grewal thanked Alderoty for...
Recent Data Reveals 1,001,394 SOL Was Transferred To Binance
The blockchain tracking platform Whale Alert shared a post on Twitter earlier this morning to share some new data about a particular Solana (SOL) transfer. According to the post, 1,001,394...
On-Chain Data Suggests Crypto and Equity Correlation Will End
Santiment, the blockchain intelligence firm, shared their latest market insights in a tweet this morning following the Fed interest rate hike announcement made yesterday. The Insights started off by mentioning...
Whales Dump More Than 29K GMX to Take Profit: On-Chain Data
The blockchain tracking firm Lookonchain shared the recent whale activity of two GMX whales this morning. The thread started off by mentioning that whales have unstaked 32,970 GMX and dumped...
Federal Jury Convicts Former OpenSea Exec In Insider Trading Case
A federal jury in New York has convicted former OpenSea executive Nate Christian for perpetrating what has been described as the first NFT insider trading case. The U.S. Attorney’s Office...
Cryptominers to Pay for Costs They Impose on Society: US Govt.
The United States government has officially made a landmark decision to mandate miners of crypto assets to pay for the cost implication of their mining activities to society. In a...
Bullish FTM Price Rise Meets Resistance Amid Market Slowdown
Fantom (FTM) has been under bullish control in the last day, with a bearish effort to grab control thwarted when support was established at $0.4083. The bullish rise, however, ran...
Users Anticipate Another Price Surge as PEPE Lists on BitMEX
Investors project that PEPE’s listing on BitMEX could ignite another significant rally after the token has shown to be one of the most profitable coins in the crypto industry this...
Top 5 Altcoins That Could Rally Significantly in May 2023
Based on early signals, PEPE, RNDR, EGLD, VET, and STX constitute the top five altcoins watched by investors in May 2023. The altcoins have revealed the potential to deliver impressive...
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