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.
Accumulate Altcoins One Year Before Bitcoin Halving: Analyst
According to the renowned crypto analyst, and founder of Eight Global, Michael van de Poppe, the ideal time to accumulate altcoins is one year before the Bitcoin halving event. Based...
Ethereum Staking Hits Record High With 8.6% Return; 3.4M ETH Deposited
Token Unlock shared Ethereum staking reached a record high with 8.6% annualized rate of return. 3.4 million ETH were deposited and 2.67 million ETH were withdrawn after Shanghai upgrade. stETH...
Bitcoin Outshines Traditional Currencies as Preferred Safe Haven
A survey by Bloomberg’s MLIV Pulse highlighted a significant change in investor sentiment amid a looming United States debt default risk. Bitcoin rises above traditional safe haven currencies such as...
Crypto Analyst is Bullish on ETH, Untapped Yield Potential
In a recent analysis, Adam Cochran, partner at Cinneamhain Ventures (CEHV), highlights why he remains bullish on cryptocurrencies, particularly Ethereum (ETH), shedding light on the untapped potential of yields in...
DOJ Aims to Stamp Out Money Laundering by Focusing on Crypto Mixers and Exchanges
The U.S. Department of Justice’s chief of the National Cryptocurrency Enforcement Team has announced the agency’s intention to take strict action against crypto exchanges that disregard money laundering regulations. The...
Crypto Market Stagnation Continues: BTC and ETH Fail To Impress
The market intelligence platform, Santiment, shared a post on Twitter earlier this morning about the current conditions in the crypto market. According to the post, investors and traders seem to...
John Deaton Highlights SEC’s Schizophrenic Defense in Ripple Case
Crypto Law’s John E Deaton has accused the U.S. Securities and Exchange Commission (SEC) of presenting Schizophrenic defenses in the lawsuit against blockchain solutions firm Ripple. Deaton recently highlighted the...
LADYS Whales Exposed: 20.3% Of Supply Held by Few, Shows Firm
The blockchain tracking firm Lookonchain published a Twitter thread this morning covering some of the top holders of Milady Meme Coin (LADYS). According to the tweets, these whales collectively hold...
Trader Predicts XRP’s Price Will Drop Further in the Short-Term
EGRAG CRYPTO, a trader and analyst, forecasted that XRP’s RSI will drop towards the 42 range. The trader shared that the lower XRP’s RSI drops the stronger the altcoin’s price...
CertiK Alert Reports Bitpaid Faces 81% Drop And $30K Loss Due to Exploit
Exploit detected on Bitpaid (BTP) contract address leading to 81% drop and $30K loss. BTP token holders’ count during the drop was 11,074, with a token value of USD 0.08....
3 On-Chain Metrics for ETH Recently Reached New Milestones
In a series of tweets, glassnode alerts highlighted 3 on-chain metrics for ETH which recently set new milestones. The decrease in the amount of ETH exchange inflow suggests that traders...
Tether Buys 52,670 Bitcoins in Q1, Set To Outpace MicroStrategy
Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. The stablecoin issuer could outpace MicroStrategy if it sustains accumulation strategy and pace. The stablecoin issuer...
Solana’s Daily Active Addresses Are Nearing The 1M Milestone
Step Data Insights tweeted yesterday that Solana is nearing the 1 million daily active addresses milestone. The post shows that Solana gained 600k new daily active addresses in just two...
PEPE One Of The Trending Tokens After A 15+% 24 Hour Gain
Lookonchain recently shared a tweet about the buying habits of a particular PEPE whale. According to the post, the whale had bought 2.24 trillion PEPE, and ended up increasing his...
Rhodium Owes $26 Million to Riot Enterprises; Riot Files Lawsuit
Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities since 2021 but didn’t pay...
Ripple CLO to SEC: Common Interest Is Not Same as Common Enterprise
Ripple accuses SEC of stretching the Howey test in the legal battle. Ripple’s Chief Legal Officer criticizes SEC’s stance on “common enterprise”. Attorneys attack SEC’s argument on XRP fungibility, comparing...
Recent Data Showed the Impact of Halving Events on BTC’s Returns
Glassnode recently highlighted the consistent growth in BTC’s realized cap over the past few halving events In their post, Glassnode also shared that BTC’s returns have diminished with each historical...
ZkSync Outperforms Polygon in Terms of Total Value Locked
ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly....
Meme Coin Market Crashes 50% from $1B After Traders Take Profit
The meme token market has significantly declined from over $1B to $500M. Dogecoin took the worst hit hardest following the launch of PEPE. SHIB’s daily trading volume has not exceeded...
Solana (SOL) Records Impressive Gains Amidst Market Recovery
SOL was one of the biggest gainers of the top 10 cryptos after a more than 5% increase over the past 24 hours. The altcoin’s price was able to break...
BTC Makes a Comeback After Recently Losing the $27K Support Level
Many cryptos were able to print gains over the past day according to CoinMarketCap. The market leader Bitcoin (BTC) also printed a daily gain for the first time since breaking...
Data Shows Long-term BTC Holders Have Become Less Active in Market
BTC hits a 10-month low in the number of spent outputs with a 1 to 2yrs lifespan. The metric suggests that long-term holders are selling or transferring their coins. Bitcoin...
Analyst Warns About Buying Memecoins: Memecoins Are Risky
A crypto investor withdrew 174 ETH and bought 2 trillion LADYS $0.0000001504. Later, the trader sold the memecoins just for 73.5 ETH at $0.00000006142. Lookonchain shared the details and warned...
Coinbase Taps Former US Lawmakers For Global Advisory Council
Coinbase has tapped former US lawmakers for its newly unveiled Global Advisory Council. The crypto exchange launched the new council for guidance and expertise in tackling crypto regulation. The council...
Angel Investor Places Bullish Bet on ARB Token, His Largest Portfolio
Angel investor is bullish on ARB, making it the largest part of his portfolio. ARB has increased its TVL dominance by 5.56x and flipped Ethereum’s L1. There is no immediate...
