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.
DCG & Barry Silbert Face Class Action Lawsuit From Creditors
Trouble seems to be mounting for Barry Silbert and his crypto empire as creditors of Genesis Global have brought a class action lawsuit against him and the Digital Currency Group...
Suspicious Whale Transactions Identified in Dogecoin Ecosystem
Details shared by the Dogecoin Whale Alert show that large amounts of the flagship meme coin were transferred in a pattern that suggests prolonged storage. Multiple notifications from the Doge...
Threshold’s Positive Market Sentiment Skyrockets Price by Over 80%
Threshold (T) has been steadily rising over the past 24 hours, with buyers pushing the price to a new 90-day high of $0.05064. As of this writing, the price of...
El Salvador Pays Off $800M Bond; President Upset By Lack Of Coverage
El Salvador’s Finance Minister Alejandro Zelaya tweeted on January 24, that the country just paid off its $800 million bond. However, President Nayib Bukele is disappointed due to the lack...
BlockFi Moves To Sell $160 Million in Mining Machine-backed Loans
Bankrupt crypto lender BlockFi Inc. has taken steps to sell about $160 million of loans backed by 68,000 Bitcoin mining machines. Reports have indicated that the Jersey city-based company, which...
Analyst Predicts ICP to be Number One Coin for the Bull Market
Cryptocurrency analyst Ben Armstrong predicts that the Internet Computer Protocol token, ICP will be the number one coin for the bull market. He also confirmed that it has been the...
First-Ever 1200 Acre Nuclear-Powered Data Centre To Host BTC Mining
Talen Energy’s subsidiary Cumulus Data reported that the first-of-its-kind nuclear-powered data center based out of Susquehanna, Pennsylvania is finally complete and ready to provide cloud computing services. The firm announced...
Crypto Recovery Speeds Up, Market Jumps by $250B, BTC at $22K
Seems like the crypto recovery has sped up as the market witnesses a jump of $250 billion. The global crypto market cap is now $1.05 Trillion, which is up by...
Cryptocurrency Can Fail World Economic Forum’s ‘Great Reset’
WEF’s annual industry meetup, Davos 2023 will discuss the Great Reset strategy which aims to homogenize the global financial markets as a part of its wider plan. However, US crypto...
Crypto Researcher: Does Recent Price Action Suggest Bull Market?
The crypto market has experienced a sudden improvement, entering 2023. Bitcoin shot up by 27% nearly three weeks into January. This poses the question if it is real after all....
‘Manipulated, No Real Demand’: Crypto Analyst On Recent Bull Market
Crypto analyst and Twitter influencer CryptoCapo, who has over 709k followers on the social media platform tweeted that the current rise in the crypto market is “the biggest bull trap”...
Ethereum’s Price May Post 10X Gains in the Next Bull Run
Altcoin Daily shared a YouTube video on Twitter today wherein the Altcoin Daily team talks about the top altcoin making news today. The video mainly focused on the altcoin leader,...
Crypto Investor says Buying Optimism (OP) in 2022 was a Mistake
Acclaimed crypto investor @PaoloRebuffo has expressed disappointment over the on-chain performance of the Layer 2 project Optimism. His criticism focuses on the project’s on-chain performance, rather than technical issues. In...
An Insight into FTX’s Liquid Assets: Kaiko Shares Details
The real-time and historical cryptocurrency data provider, Kaiko tweeted about the leaked slide from an “FTX bankruptcy deck”, where the fallen crypto exchange FTX enlisted the company’s “liquid assets”. Notably,...
Crypto Community Pokes Fun at Skeptic Jim Cramer as BTC Crosses $22k
As the global crypto market cap breaks the $1 trillion valuation this week, the crypto community pokes fun at the staunch crypto skeptic Jim Cramer, who often asked crypto investors...
The 5 Cryptocurrencies To Keep An Eye On Over The Weekend
After this week’s market selloff, the market has been able to somewhat find its bearings again as certain cryptos like XRP, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE) and Gala (GALA)...
SOL Trading at Key Resistance Level After Double-Digit Gain
Solana has made its way to the top of CoinMarketCap’s trending list following its 18.16% price gain in the last 24 hours. SOL’s price is also up 5.18% over the...
BTC Surges 7.68% As the Crypto Market Cap Surpasses $1 Trillion
The global crypto market cap has surpassed the $1 trillion mark over the last 24 hours according to CoinMarketCap. At press time, the crypto market cap stands at $1.04 trillion,...
Genesis’ Largest Transactions Before Bankruptcy Filing Revealed
Crypto, NFT, and DeFi insights platform, Nansen shared Genesis’ largest transactions in the last 30 days as the crypt lender files for bankruptcy. The original tweet first highlighted the “Funds...
MATIC Price Reacts as BitGo Launches Support for Polygon
The digital assets trust and security company BitGo has launched full support for the Polygon (MATIC) blockchain. In an announcement, the Polygon team explained that the latest development will allow...
“Technology Didn’t Commit Fraud,” Says Circle CEO Jeremy Allaire
Bloomberg TV quoted Circle CEO Jeremy Allaire in a tweet where he says “The technology didn’t commit fraud” regarding the recent crypto turmoil. Allaire was attending a panel discussing the...
CryptoQuant CEO Raises Alarm Over Bitcoin Whale Activities
The co-founder and CEO of CryptoQuant, the crypto on-chain analysis platform, Kim Young Ju raised the alarm over some whale activity in the Bitcoin ecosystem.+ In a tweet, Ju alerted...
New CEO of Chia Network Says the Firm Is on Accelerated IPO Plans
The blockchain firm Chia Network has announced that it wants to accelerate its IPO plans, as former COO Gene Hoffman steps in as a new CEO. Hoffman released a statement...
Whales Shift Over $363M in BTC and XRP, Leaving Sideways Effects
According to on-chain revelations by Whale Alert, the sudden movement of several transactions totaling over $363 million worth of Bitcoin (BTC) and Ripple (XRP) has been confirmed. As a result,...
Analyst Highlights Top 10 Promising Crypto Projects Under $10M
Ben GCrypto, a Twitter crypto analyst, has published a list of the top ten promising cryptocurrency projects. These projects have a market cap of under $10 million. First on the...
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