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.
Revolut Exhibits Substantial Profit, Financial Accounts Say
According to the financial accounts released on Wednesday, the British-Lithuanian neo-bank and financial technology company Revolut issued its first-ever annual profit for 2021, reportedly acquiring a net profit of 26...
Elon Musk To Launch ChatGPT Competitor, Meta to Follow Suit
The popularity of ChatGPT is being leveraged by some of the largest industry giants. According to the latest reports, none other than Tesla CEO Elon Musk is hopping on the...
Twitter Analyst Shares Top 7 Upcoming Token Unlocks for March
The Twitter analyst account that goes by the name Technical Crypto Analyst (@TechCryptoAnlst), tweeted this morning regarding the top 7 token unlocks which will happen in March 2023. According to...
Santiment Confirms FOMO And FUD Affect Price Change Indicators
Crypto analytics platform Santiment published a report on how the crypto markets react to FOMO versus FUD meta mentions. According to their insights, “sentiment really is the most powerful driving...
Second 2020 Golden Cross Surges ADA, Is This The First For 2023?
Cardano Feed, a news analysis platform that reports Cardano (ADA) news tweeted that “Cardano can expect a reversal if bulls defend this price zone [$0.363].” Although Cardano tested the $0.363...
Saylor Claims Everything But BTC Is Security; Deaton Reacts
Founder of Crypto Law John E Deaton takes to Twitter to challenge Founder of MicroStrategy Michael Saylor on his opinion. Saylor states that there is a general consensus in the...
SmartMoney Transfers 182 Billion SHIB to Crypto.com and Gemini
According to the latest on-chain data shared by Lookonchain, an on-chain analyst, a SmartMoney that was earlier identified by Lookonchain has moved 182 billion SHIB. The $2.3 million worth of...
Pro-Russia Groups Soliciting Crypto Donations: Report
A recent report by blockchain intelligence firm Chainalysis took a closer look at the role of cryptocurrencies in the war between Russia and Ukraine. One year into the Russian invasion...
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
During India’s G20 Presidency, the meeting of Finance Ministers and Central Bank Governors (FMCBG), India’s Finance Minister Nirmala Sitharaman addressed the country’s position on crypto regulation. She said that India...
Three Altcoins Traders Should Keep An Eye On In The Upcoming Week
Altcoins have been exceeding expectations in 2023, after many analysts merely predicted short-lived bull runs at the start of this year. Despite these low expectations, certain altcoins have been catching...
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein, the CEO of the American digital currency asset management company, Grayscale Investments, commented that the Securities and Exchange Commission (SEC) acted “arbitrarily”, referring to its rejection of Grayscale’s...
TradingView Tweet Showed BTC’s and ETH’s Comfortable Lead
TradingView (@tradingview) tweeted the list of the 10 largest cryptocurrencies, ranked by market cap, in 2023 this morning. Leading the list are the legacy cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH)....
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
NFT Whale Machi Liquidates 1010 NFTs Worth $17 Million
Popular NFT whale Machi Big Brother has reportedly liquidated more than a thousand NFTs from his massive collection of digital artworks over the past 48 hours. A massive sale was...
Crypto Enthusiasts Rejoice: Robert Kiyosaki Says Dollar’s Demise is Imminent
Renowned author and businessman Robert Kiyosaki has recently made a bold statement, suggesting that the “fake” dollar is driving the decline of the American empire. Kiyosaki has allegedly been a...
Whales Move Over 10,000 BTC to Unknown Wallets in the Past 24 Hrs
On Friday, Whale Alert, an AI service that tracks coin movement across several blockchains, captured multiple outflows of funds in and out of unknown wallets. Over the past day, Whales...
Block Surpasses Wall Street Expectations Riding on Cash App
Block, the financial intermediary for peer-to-peer transactions, reported a gross profit of $1.66 billion in the past year. That represents a 40% increase, soaring beyond the $1.53 billion forecasted by...
Martyparty Shares a Tweet When Bitcoin Pumped When China Spoke
Music producer and blockchain architect Martin Folb, aka “MartyParty,” shared a tweet on the recent Bitcoin pumps following the speech by China. This is a follow-up to the recent speech...
Kevin O’Leary’s Calls For Regulation Of Exchanges Draws Criticism
Kevin O’Leary aka Mr. Wonderful has come under fire for his recent comments regarding the regulation of the crypto industry. The Shark Tank star claimed in a tweet earlier today...
Dapper Labs Release Statement After FrielvDapper Labs Case Ruling
Dapper Labs posted a series of tweets in response to the judge’s ruling on the NBA-branded “Top Shot Moments.” The web3 company first posted that in the Friel v. Dapper...
Germany’s DZ Bank Taps Metaco For Digital Asset Management
DZ Bank, the second largest bank by asset-size in Germany, has introduced digital asset management for its institutional clients. The German banking giant has tapped Switzerland-based Metaco to oversee the...
Crypto Returns Show Short-Term Recovery Signs, Suggests Data
The blockchain analytics firm, Santiment, posted a tweet on their official Twitter page (@santimentfeed) this morning stating crypto returns are “beginning to show signs of a short-term recovery in the...
Crypto Analysts Criticize Optimistic Celsius Recovery Projections
Bitboy Crypto founder Ben Armstrong replied to a tweet by Thomas Braziel addressing the recovery projections for Celsius. He questions, “LMAO do you know how many years it will take...
Crypto Trader Loses Over $2M USDC in 6 Months to FOMO, FUD
Lookonchain, a Web3 data analysis tool provider, tweeted about a crypto trader that made repeated losses due to the Fear Of Missing Out (FOMO). The platform posted two concurrent trades...
