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.
ADA Hits Highest Cumulative Code; ADA Whale Explains In 25 Tweets
Referring to Cardano’s native coin ADA’s high code commits, Twitter cryptocurrency researcher Emperor Osmo wondered what the Cardano ecosystem was building. To this, an ADA Whale responded with a 25-tweet-long...
CoinMarketCap To Launch Shark Tank Themed Reality Crypto Show
Crypto data aggregator CoinMarketCap is set to launch a reality TV show called Killer Whales, in partnership with Web3 entertainment firm Hello Labs. The upcoming TV show will follow the...
Dubai Grants First Broker-Dealer MVP Operational License to BitOasis
On Monday, BitOasis announced that it had become the first crypto exchange in the Middle East to receive a broker-dealer minimum viable product operational license from Dubai’s crypto regulator. The...
PEPE Community Unfazed by Dogecoin Whales’ Alleged FUD Strategy
Amid the growing popularity of PEPE token, cryptocurrency influencer ExitLiquidity454.eth has accused Dogecoin whales of spreading fear, uncertainty, and doubt (FUD) about the new meme coin. The influencer shared screenshots...
On-Chain Metrics for BTC and ETH Suggest Dormancy Shows Data
The blockchain analytics firm glassnode alerts posted a series of tweets related to the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), this morning. In their first tweet today,...
XEX Crypto Issues Warning Against Discord Channel Malicious Activity
Decentralized financial payment network XEX Crypto just issued a warning to its users regarding a potential scam that has affected their Discord channel. The company advised all users not to...
Twitter Launches Monetization For Content Creators In Recent Announcement
Elon Musk has recently revealed yet another innovative initiative aimed at boosting Twitter’s profitability and supporting citizen journalism. As part of this development, content creators can now earn money from...
Mastercard Launches Crypto Credential to Enhance Trust in Blockchain
One of the world’s leading payment processors, Mastercard, has unveiled its latest innovation: the Mastercard Crypto Credential. This new technology will allegedly pave the way for trusted and compliant interactions...
Data Shows There Is a Lack of Correlation Between Crypto Prices
Santiment, the blockchain intelligence firm, tweeted yesterday that prices in the crypto market have been more scattered and non-correlated this April than in previous months. In the tweet, Santiment added...
Core Scientific Inks 3 New Hosting Contracts Amid Bankruptcy
Texas-based crypto mining firm Core Scientific Inc. has managed to secure three new hosting contracts despite being in the midst of Chapter 11 proceedings. The company announced hosting agreements with...
Link Between Nakamoto’s Disappearance and Andresen’s CIA Visit
Kraken’s editor and Bitcoin expert Pete Rizzo recently tweeted about Satoshi Nakamoto’s sudden disappearance after Bitcoin developer Gavin Andresen visited the CIA. It has created speculation about the timeline of...
Argo Blockchain Reports $240M Loss After Bitcoin Price Drop
In 2022, Argo Blockchain (ARB), which is the solitary cryptocurrency miner listed in the U.K., experienced a significant decline in profits due to the drop in bitcoin’s value and the...
KuCoin Confirms Wallet Identity of User Behind Multiple Rug Pulls
KuCoin exchange has confirmed that the crypto wallet responsible for thousands of rug pulls on its platform belongs to one of its users. The crypto exchange confirmed the information after...
Bitcoin Trader Loses Nearly $567K Longing BTC/ETH to High Leverage
Renowned Bitcoin trader Andrew Kang lost nearly $567,000 in a single trading session after the exchange liquidated his BTC/ETH long positions. According to Lookonchain, a smart money on-chain analyst, Kang...
Arkham Identifies Another GMX Trader with Multiple 50x Short Orders
While many people have been following the trading activities of Andrew Kang, a well-known crypto futures trader on the decentralized exchange GMX, Arkham, a market intelligence firm, thinks that there...
Senator Ted Cruz Endorses BTC, Reignites Crypto Market Interest
MicroStrategy Founder and Chairman Michael Saylor recently posted a video of Senator Ted Cruz on Twitter, where Cruz is seen explaining that he is incredibly bullish on Bitcoin (BTC). The...
Unfortunate DAO Vote Communication: Arbitrum Co-Founder Speaks Out
Stephen Goldfeder, the CEO of Offchain Labs and co-founder of Arbitrum, acknowledged that the communication leading up to a proposal that aimed to return 700 million ARB governance tokens, which...
New data Suggests Meme Coins Affect Market Movements
The Head of Advisory Services at GotBit.io shared a post on Twitter yesterday about meme coins and the possible effect they have on the rest of the crypto market. The...
Early Whales Have 32% of Their Holdings on zkSync: Nansen Research
A report from the data analytic firm Nansen Research has captured the behavior of early whales on zkSync, a Layer 2 scaling solution for Ethereum that uses zero-knowledge proofs to...
Crypto Social Volumes Declined After Midweek Volatility
According to data from Santiment, the market intelligence platform with on-chain social metrics, there is a declining trend in social volume across cryptocurrencies. Recent data shows most cryptocurrencies on the...
