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.
Pink Drainer Strikes Again, Steals $4.42M in Chainlink (LINK) Heist
Crypto hacking group "Pink Drainer" steals 275,700 LINK tokens, valued at $4.42 million, through a phishing attack. The victim clicked on a phishing link, deceived…
ABBC Coin Rises 45%: Can Bears Stop the Momentum?
ABBC’s price rose to $0.077, a 45% increase in the last 24 hours. ABBC was overbought but increasing upward momentum may push it to $0.1…
Celsius Network Granted Approval to Enter Bitcoin Mining Industry
The U.S. bankruptcy court has approved Celsius’ plan to transition its focus to Bitcoin mining. Celsius will be led by U.S. Bitcoin Corp., parting ways…
MetisDAO Takes Off: Is This Just the Beginning for METIS?
MetisDAO's Ecosystem Development Fund worth $360M fuels a surge in Metis network activity and project engagements. METIS value skyrockets 426% in 30 days, signaling strong…
Cardano Gears to Break Out of a Pattern, Can It Maintain Rally in the Short Term?
Cardano appears poised to break out of a symmetrical triangle. ADA has, however, remained within a Fibonacci resistance area. Coin accumulation persists among holders. In…
Stablecoins To Be Next Trillion-Dollar Market, Outpacing ETFs: Expert
Tether advisor Gabor Gurbacs predicts stablecoin will become the next multi-trillion-dollar market. Gurbacs highlighted crucial offerings of stablecoins, such as low fees, easy access, and…
Breaking: ARK Invest Sells GBTC, Invests $100 Million in BITO ETF
ARK Investment Management has sold its entire position in GBTC (Grayscale Bitcoin Trust). The move follows GBTC being the most significant holding in ARKW just…
Crypto Hedge Funds Rebound, Predicting “Token Mania” in 2024
Crypto hedge funds are rebounding in 2023 after a tough 2022. Despite the recovery, the average fund performance still lags behind Bitcoin's rally. Bitcoin's price…
Shiba Inu Team to Automate SHIB Burns Amid Community Concerns
Shiba Inu responds to community calls for clarity by advancing towards automated SHIB token burn processes. Shiba Inu Coin expands with new initiatives amidst reliability…
Altcoins for 2024 Bull Market? Analyst Lists Top Five Tokens
Crypto analyst Lark Davis shares his top five altcoin picks for the anticipated bull market. Davis identifies BEAM, JOE, LINK, DOT, and ILV as his…
