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.
Role of Central Banks in Controlling Inflation: Capital.com Explains
Central banks play a major role in ensuring the stability of the financial system. They deploy measures to control inflation and deflation in the economy. Central banks have a base...
Risk Scans Can Now Be Performed on Pancakeswap-listed Tokens
PancakeSwap announces token scan functionality on their Swap page. CAKE saw a price boost following the announcement. Confirmation of a bullish weekend move will be the 9 EMA crossing above...
Total Crypto Market Cap Is Down 6.9% Over the Last Week
There is an increasing demand for bearish bets in the crypto market. The total crypto market cap reached a 43-day low at $940 billion on August 29. Traditional markets also...
Celsius Client Seeks U.S. Court Assistance to Withdraw Their Funds
64 custodial account holders lodged a complaint to recover $22.5 million. Celsius contradicts ” plain language of debtors’ terms of use“. CEO Alex Mashinsky breaks his silence and says that...
Japanese Regulators Plan to Ease Tax Rules for Crypto Investors
Japan’s FSA is proposing tax breaks for crypto investors. Crypto profits, including unrealized gains, are taxed at roughly 30% currently. Japan established a legal framework for stablecoins. In favor of...
Bear Market Unable To Cool Soaring Web3 Talent Hunt
Crypto markets seem to be still riding the bear market wave. The ongoing crypto winter saw several large crypto firms lay off hundreds of employees. Amid all this, the hunt...
Tallbacken Capital Advisors CEO Takes a Bearish Stance on Bitcoin
Micheal Purves, CEO of Capital Advisors turns bearish on Bitcoin. Purves justifies his reason for holding a bearish stance in a recent interview. According to the CEO, Bitcoin fails to...
Gate.io and Bit.Country Strike a Metaverse Partnership
Bit.Country partners with Gate.io to launch its Metaverse. Mini-games, marketing campaigns, and unique experiences can be created in metaverse. Bit.Country has also partnered with KuCoin to launch its Metaverse. Bit.Country’s...
US Congress Challenges Binance, Coinbase, FTX on Crypto Fraud
The US House of Reps Committee on Oversight and Reform is intensifying its efforts to stop cryptocurrency fraud. The action entails sending several letters to various crypto exchanges and agencies...
Qatar Apex Bank Grants First Digital Payment License to Two Firms
The central bank of Qatar has just granted its first digital payment license to two companies. Previously, the regulator announced its readiness to formally launch the mobile payment service, Google...
Goldman Sachs Believes the UK will Enter a Recession in Q4
Analysts at Goldman Sachs believe that the UK will enter a recession in the fourth quarter of 2022. The most likely cause for the recession to happen is consumer price...
Dubai Regulatory Issues Guidelines for Virtual Asset Marketing
VARA has issued restrictions on marketing, advertising, and promotions of virtual assets. VARA aims to offer consumer protection in the virtual assets market. CTO of Colossal Bit said virtual asset...
Russian Central Bank Eases Restrictions on US Dollar, Euro Cash
The Central Bank of the Russian Federation (CBR) has eased one of the limitations on selling US dollars and euros in cash to private people. Russians could only purchase dollars...
Total Crypto Market Cap Stumbles Following Mass Selloff
The total crypto market cap has dropped 5.49% over the past 24 hours. The top 10 crypto projects experienced a +3% drop in their respective prices. Bullish divergence on BTC’s...
Divergent Viewpoints Arise on the Upcoming Ethereum PoS Switchover
Divergent viewpoints exist on the upcoming switchover of the Ethereum network to a PoS consensus network. Technical analyst Crypto Rover said the price of ETH would massively fall on the...
Ethereum Merge Fast Approaching, Mining Activities on ETC Surges
Mining activity on ETC reaches another all-time high. The mining hash rate hits an ATH of 42.28. This is reportedly due to the upcoming Ethereum merge. In the context of...
Thailand’s Gulf Energy Billionaire CEO Boosts Crypto Investments
● Gulf Energy Development CEO plans to double down all crypto investments despite the current crypto market unrest.● Sarath Ratanavadi anticipates DLT platforms to become the company’s new source of...
Weekly Chart of Ripple (XRP) Shows Potential to Go Bullish
XRP price prediction ranges from $0.3037 to $0.5807. The price of the coin increased by 2.90% within 24 hours. XRP’s bearish market price prediction is $0.3037. Ripple, which promises to...
USDN Loses Peg To The Dollar Making It The Fourth Time This Year
Neutrino Dollar has lost its peg to the dollar over the last day. USDN lost its peg in April when rumors of price manipulations started floating around. Every time that...
Challenges Awaits BTC; Will it Break the Current Support of $20,000?
BTC price prediction ranges from $21000 to $19,500. The price of the coin dropped by 1.24% within 24 hours. BTC’s bearish market price prediction is $19000. Despite the crypto market...
Nvidia’s Q2 Revenue Affected by Crypto Mining Downturn
Nvidia has reported a 19% drop in revenue and a 59% drop in net income. The company’s gaming sales were down 33% from the same time last year and 44%...
SEC Seeks Fresh Permission to File a 90-page Document Against XRP
The SEC seeks to file one big reply, 90 pages, in addition to its motion to exclude the expert witnesses of Ripple Labs. Earlier, SEC gained permission to file a...
XRP, BNB, and CAKE Among Cryptos With Highest Positive Sentiments
Some top cryptos in terms of market cap have the best sentiments. XRP had the 5th highest positive sentiment on the chart provided by Santiment. The crypto with the third-best...
Traders Struggling as SOL Is Down Below 20% Over Last Week
Solana traders are suffering as the coin’s price continues to fall. Trading volume for SOL has also seen a decrease of 10.34%. If bulls step in, they will have to...
Crypto’s Asian Stocks Alignment Highlights Need for Regulation: IMF
The IMF says it sees a growing correlation between crypto and Asian stock markets. This is because Asian investors have been increasingly getting into crypto in the past two years....
