Market News
Welcome to CoinEdition’s page for Market News! On this page, we’ll talk about all the latest developments in the cryptocurrency and blockchain market. CoinEdition ensures that you, our readers, are up to date with Market News happening 24/7 and from all over the globe. Market News, by definition, is important because these developments can quite literally affect the state of the market and thus your investments. Therefore, it is our responsibility at CoinEdition to compile all the Market News for posterity’s sake and for the sake of your investments. Therefore, grab your Press Releases and Announcements, and let’s dive into the shaky but exciting world of Market News here at CoinEdition.
TRB Whale Initiates Large Transfer off of Binance: On-Chain Data
A whale withdrew $1.14M worth of TRB from Binance earlier today. Reportedly, this particular whale holds 21.26% of the altcoin’s supply. The seven wallets that…
Jump Trading Made $1.28B While Keeping UST Pegged: Investigator
ChainLinkGod said Jump Trading played a significant role in the UST collapse debacle. The crypto investigator said a secret deal was made with Jump Trading…
Crypto Prices Today: BTC Holds Above $29K, ENJ and SOL Surge
The cryptocurrency market cap rose 2.50% over the past 24 hours and stood at $1.11 trillion. BTC was able to break above $29K and continued…
US Fed Chair Says Recent Data Shows Progress Towards Economic Goals
Tougher borrowing conditions could be required to control inflation in the U.S. Fed Chair declared that the economic figures show ongoing progress towards goals. The…
Hacker Funnels Illicit RocketSwap Gains Through DEX and CEX
Hacker stole $865,000 from RocketSwap using various techniques. Stolen funds were laundered through ETH and transferred to different platforms. RocketSwap faced backlash for disabling communication…
Elon Musk’s X Under Scrutiny: Prominent Crypto Figures React
David Schwartz remains optimistic about the government’s rightful action. John Deaton shared his frustration over the authority’s move against the platform. The European government issued…
Chainalysis Report Reveals 22% Decline In Global Crypto Usage
Blockchain analysis firm Chainalysis released a report discussing crypto adoption in Eastern Europe after the Russia-Ukraine war. The report stated that global crypto usage has…
AUDD Launches on Ethereum, Struggles With Liquidity on XRPL
Bill Morgan was disappointed over AMM’s absence in providing liquidity for AUDD on XRPL. AUDD launched on the Ethereum blockchain as an ERC-20 token. There…
SOL’s Market Cap Surges By 32% QoQ, Revenue Increases 10% QoQ: Messari
SOL finished the quarter with a $8.4 billion market cap, which is 17% higher Quarter-on-Quarter (QoQ). Although the altcoin faced a brief dip, SOL outperformed…
Justin Sun Raises Curiosity With Stablecoins Deposit on Binance
PeckShieldAlert identified some significant crypto token transfers on-chain. Justin Sun transferred about 119,700 TUSD from Venus to the Binance exchange. The nature of Sun's recent…
