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.
Polkadot ($DOT) Leads Development Activity Over Past 30 Days
Crypto tokens with moderate market capitalizations accounted for the majority of the projects in a list of the top ten projects ranked by development activity in the last 30 days....
CoinShares Report Reveals Investors’ Preference for Bitcoin
A CoinShares report reflects Bitcoin as the primary focus of investors in the cryptocurrency market. CoinShares is a prominent digital assets management company in Europe. According to the latest edition...
DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst
A DeFi analyst on Twitter argued that the trendy comparison between two of the most significant decentralized crypto exchanges (DEXs), dYdX and GMX, was out of place. The analyst brought...
Does Not Take Long for Market To Go Negative: Jim Cramer
Jim Cramer, the host of Mad Money on CNBC, has tweeted that the bull market would soon turn negative. Cramer tweeted that the market has decided that the “fed will...
BIS Official Predicts Crypto Recovery Amid Global CBDC Expansion
According to reports, the new head of the Bank of International Settlements (BIS) Innovation Board, Cecilia Skingsley, has predicted that the crypto industry will learn from recent failures and develop...
ADA Sees 105 Transactions of $100,000+; Market Rife with Activity
The crypto market cap is once again above $1 trillion, and the market now seems to be heating up. A crypto enthusiast took to Twitter earlier this morning to share...
VISA Executive Reveals Plans of Stablecoin Settlement
VISA Inc, one of the biggest payment processing firms in the world, has begun experimenting with stablecoin settlements on their network. The CEO of VISA’s crypto department, Cuy Sheffield, confirmed...
SHIB Close to Breaking into Top 10 After Outranking DOT, LTC
In an unprecedented move, one of the most popular meme tokens, Shiba Inu (SHIB), has outranked two significant cryptocurrencies to claim the twelfth position among coins with the largest market...
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...
ZachXBT’s Scam Investigation Leads To $260k FBI Seizure
Popular on-chain detective ZachXBT announced on Twitter recently that his efforts to track and investigate Chase Senecal, a well known online phishing scammer had led to his assets being seized...
ADA up 65% In 2023 as Sharks and Whales Continue Accumulation
Santiment, the blockchain intelligence firm, tweeted today regarding Cardano’s price performance in 2023 so far. According to the tweet, the price of Cardano (ADA) has risen 65% in 2023. The...
NFTfi hits all-time highs for volume, number of loans and borrowers
Despite the ongoing bear market, NFT lending platform NFTfi has hit all-time highs in January for volume (ETH), number of loans, and numbers of borrowers and lenders. General Partner of...
“Fight The SEC’s Overreach,” Tweets Crypto Attorney Deaton
John E. Deaton, the founder of CryptoLaw, argues that the mere fact that a cryptocurrency was offered or sold as an investment contract does not make it a security. John...
Core Scientific and NYDIG Agree To Settle $38.6 Million Debt
Crypto mining firm Core Scientific has reached an agreement with the New York Digital Investment Group (NYDIG) to settle an outstanding debt of $38.6 million in exchange for crypto mining...
Australian Government Changes Financial Structure To Regulate Crypto
Avoiding an “exhaustive, bespoke taxonomy” for cryptocurrencies, the Australian government has adopted a framework that separates cryptocurrency into public networks or smart contracts on the one hand, and intermediaries or...
Binance Collaborates with Kazakhstan’s largest Airline Air Astana
Binance, the biggest cryptocurrency trading exchange in the world, has declared a partnership with Kazakhstan’s largest airline, Air Astana. The partnership facilitates airline customers to exchange their accumulated flight reward...
India States IMF is Working with G20 for Crypto Regulation plan
According to the latest reports, India revealed that the International Monetary Fund (IMF) is working with G20 on a framework that would define crypto regulations. On Thursday, Economic Affairs Secretary...
Australia Seeks to Add More Tools to Police the Crypto Sector
In the aftermath of the worldwide collapse of the FTX exchange, Australia has revealed its intentions to provide its authorities with extra resources, including increased personnel for the Securities Commission...
Charlie Munger Asks United States to Ban Crypto Just Like China
99-year-old American billionaire Charles Thomas Munger recently shared his opinion on banning cryptocurrencies on the Wall Street Journal. Often referred to as Buffet’s closest partner and right-hand man, both Munger...
Large Whale Transactions Captured on Multiple Altcoin Networks
Santiment, the crypto market analytics platform, has alerted on increased whale transactions across multiple altcoin networks. An analyst on Santiment, who goes by the name “brianq”, suggested that the development...
Ex App Store Head Says Apple Considered Cryptocurrencies a ‘Ponzi’
One of Apple’s former app store heads, Phillip Shoemaker, claims that the cumbersome procedure for cryptocurrency-based businesses to get listed on the app store has been deliberately made difficult. Shoemaker...
Hacker Exploits BonqDAO in $120 Million AllinaceBlock Heist
The blockchain security firm PeckShield has reported an exploit on the decentralized autonomous organization, BonqDAO. An estimated $120 million was stolen in WALBT and BEUR tokens, leading to a drop...
Fantom’s Value Grows By 164% In 2023; Ranked 40 By Market Cap
Fantom experienced many ups and downs in 2022, but 2023 has boomeranged the asset to newer heights. Crypto analytics platform Santiment reported that Fantom is currently ranked 40th according to...
Schiff To Dispute Powell’s Optimistic View of the US Economy on Air
Peter Schiff, founder of Schiffgold, gets ready to go live on Fox Business to tell the public the “truth” about inflation and the economy. Schiff responds to Federal Reserve Chair...
Cardano Rides With Bulls, Will It Break Beyond $0.4 Region?
Cardano has been showing a remarkable performance lately as it continues to be in the green region throughout the week. While some believed that ADA would never rise from its...
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