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.
FTX and Alameda Behind BlockFi’s Bankruptcy, SBF Trial Continues
The trial of Sam Bankman-Fried continued with testimony from Zac Prince, former CEO of BlockFi. BlockFi suffered a $1 billion loss due to the bankruptcy…
Altcoins About to Breakout From Falling Wedge, Will it Spike?
Crypto analyst predicted that the altcoins could reach $680+B by the end of 2023. Bollinger band trend indicator shows a downtrend for the altcoin market…
Nigerian Government Fosters AI Technology with N5 Million Scheme
Nigeria introduced the Nigerian Artificial Intelligence Research Scheme with the intention of fostering Artificial Intelligence (AI). Researchers and startups holding an AI-focused project will be…
Ex-US Politician: BTC is Reaching $15T Cap, FED System is Broken
Anthony Scaramucci has argued BTC’s market potential reaching $15 trillion. He criticizes the broken U.S. monetary system and government overspending. Scaramucci stresses the need for…
There is a 90% Chance of Bitcoin ETF Approval by January: Analyst
Several analysts see a 90% chance that Bitcoin ETFs will be approved by January. Mister Crypto thinks all ETFs would likely be accepted before January.…
Should You Short or Long BIGTIME? Expert Suggests Watching This Metric
Lookonchain's analysis offers crucial guidance for traders considering BIGTIME. The correlation between BIGTIME price movements and reward withdrawals was highlighted. BIGTIME experiences an 8.92% price…
Ferrari’s Groundbreaking Move: Accepts Payment in Crypto
Ferrari accepts crypto payments for their luxury cars in the United States. The company’s decision came in response to the request of clients who have…
New sFRAX Vault Locks $35 Million Worth Of Deposits In 24 Hours
On October 12, Frax Finance deployed its ERC4626 staking vault, sFRAX. Frax Finance’s governance token FXS rose to $5.66, before declining to $5.49. sFRAX, which…
HKVAC Replaces USDC with XRP in Top 5 Global Crypto Index
XRP replaced USDC in the Cryptocurrency Global Large Top Five Index. HKVAC added HBAR, MKR, and QNT to the Global Large Cryptocurrency Index. Hong Kong’s…
WBTC Whale Dumping Tokens To Pay Debts and Avoid Liquidation
Lookonchain revealed on X that a whale has been selling their WBTC to pay off debts. This could be a factor that contributed to WBTC’s…
