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.
XRP Army Can Predict SEC Replies to Coinbase in Advance, Lawyer Mocks
Pro-XRP lawyer Bill Morgan dismisses reading the SEC’s response to Coinbase. Morgan claims the Ripple community was already familiar with such arguments. Paul Grewal criticizes the SEC for neglecting its...
Ripple May Not Be Able to Fund XRPLF Legally: Developer
Matt Hamilton from Protocol Labs tweeted that Ripple may not be able to fund XRPLF legally. According to the post, Ripple donating funds to XRPLF may be seen as influencing...
SOL and AVAX’s Impressive 24H Gains May Continue in the Next 48H
SOL and AVAX both printed 5+% gains over the past 24 hours. The price of SOL stood at $22.21 after its price climbed a remarkable 11.74%. Technical indicators for both...
Research Analyst Offers His Opinion on Bitcoin’s True Value
Ben McKenzie explained why he did not rush into crypto when it first gained popularity. According to McKenzie, Bitcoin does not function as a currency. Bitcoin appeals to a lot...
Ethereum NFTs Minting Data Suggests Bear Market Bottom in Place
Nansen data suggests the possibility of a bottom in the NFT bear market. Ethereum NFTs minted in June 2023 reflected a 48% increase from the previous month. May 2023 marked...
ADA and XRP Suffered the Most With Last Week’s Profit Taking
Santiment revealed in a tweet yesterday that ADA and XRP are seeing high levels of sell volume at low prices. ADA was able to print a 24-hour gain while XRP...
Tron (TRX) Gains as Justin Sun Sends 23K ETH to Poloniex
Lookonchain revealed in a tweet today that Justin Sun sent 23K ETH to Poloniex in the past 24 hours. TRX’s price climbed 1.40% during the time the transfer was made,...
GRT’s Recent Selling Pressure Could Lead to a Bullish Reversal
GRT market faces selling pressure, but indicators hint at a bullish reversal. A critical support level at $0.1149 may determine GRT’s price trajectory. Formation of bullish flag pattern on GRT...
BarnBridge DAO Halts Operations Amid SEC Investigation
Some members of the DeFi protocol suspected a potential exit strategy at play. BarnBridge DAO is pausing its operations due to a probe by the United States SEC. The reason...
FBI Searches Home of Kraken Founder Jesse Powell in Cyberstalking Case
A Kraken representative clarified that the crypto exchange was in no way involved in the investigation. The FBI conducted a search at the home of Jesse Powell in connection with...
Ripple’s Head of Policy Advocates for CBDC Adoption in the UK
Ripple’s Head of Policy, Susan Friedman, discussed London’s potential as a crypto hub. Ripple’s dedication to London aligns with its positive outlook on the potential of CBDCs. Friedman highlighted the...
Crypto Influencer Raises Concerns Over TrueUSD’s Dubious Developments
Cochran highlights the risks and financial motivations involved in such a partnership. The influencer believes that Changpeng Zhao makes calculated moves while Justin Sun is impulsive. Adam Cochran is questioning...
USDT Boasts a Market Cap Twice the Size of Rivals Put-Together: CTO
USDT boasts a market cap three times higher than its closest competitor. Paolo Ardoino, CTO of Tether, emphasizes USDT’s dominance in the market. USDT’s daily trading volume is $29.4 billion,...
APE Prediction Comes True as Crypto’s Price Breaks Support
The crypto analysis platform, CryptoBusy, shared on Twitter earlier today that Apecoin (APE) saw a big breakout to the downside over the past few days of trading. This came in...
Analyst Boldly Predicts ADA May Climb to as High as $7.50
The popular trader and analyst Dan Gambardello predicted in his latest analysis that Cardano (ADA) could conservatively reach $7.50 in the next bull run. In addition, he forecasted that the...
Fantom Foundation Remains Resilient as Multichain Faces Crisis
In a startling episode, Multichain recently weathered a hefty outflow of $125 million in multichain assets from its cross-chain protocol. The Fantom Bridge bore the brunt of this exodus, witnessing...
Trader’s BTC Buy Opportunity Plays Out and Returns 3.39% Profit
The crypto trader and analyst Ali tweeted an update to his Bitcoin (BTC) analysis which revealed a potential buy opportunity on the crypto’s 4-hour chart on Wednesday. In the tweet...
Bitcoin Cash (BCH): How Soon Before the Push to Reclaim $300?
Bitcoin Cash (BCH) has been forced to deal with retracement after a recent long period of printing green. Despite the decrease in price, the coin’s 30-day performance remained around a...
Network Growth for ETH Rises Despite $2K Resistance Holding
The blockchain analytics platform Santiment revealed in a tweet earlier today that network growth for Ethereum (ETH) has been on the rise over the past few weeks. According to the...
Cameron Winklevoss Pushes for Resolution in Genesis Bankruptcy Case
In a recent tweet, Cameron Winklevoss, one of the co-founders of the Gemini crypto exchange, put forward an “ultimate proposal” amid the ongoing discussions of a debt restructuring plan for...
Bears Retreat as RNDR Market Shows Signs of Bullish Reversal
In the last 24 hours, bears have had the upper hand in the Render Token (RNDR) market, with the $1.94 support preventing further decline. Bullish attempts to resume control over...
Cardano (ADA) Puts Pressure on $0.3 in a Developing Bullish Trend
ADA, Cardano’s native cryptocurrency, is attempting a recovery after falling to a yearly low of $0.220 on June 12, 2023. The price slump pushed ADA below significant support at $0.3,...
Solana (SOL): Why This Price Could Be a Perfect Buying Point
During June, Solana (SOL) plugged six major red candles on the daily timeframe, as the token continually failed to nullify the desires of bears. However, buying momentum at $14.08 was...
ETH Could Experience Downtrend After Its Short-Term Bullish Event
The blockchain tracking platform Whale Alert informed the crypto community that 25,264 ETH, valued at approximately $48,302,924, was transferred from an unknown wallet to Coinbase. The crypto whale tracking platform...
LTC’s Bullish Trend Could Continue Despite Its Latest Price Dip
Throughout the past 24 hours of trading, the majority of the top 10 cryptocurrencies saw their prices drop, and Litecoin (LTC) was no exception to this. At press time, CoinMarketCap...
