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.
BTC Price May Pull Back as Funding Rates Hit 14-Month High
The blockchain intelligence firm, CryptoQuant, tweeted today that the Funding Rates for the crypto market leader, Bitcoin (BTC), has hit a 14-month high. The tweet added that previous occasions where...
Wyre Secures New Funding, Lifts Customer Withdrawal Limits
In a recent tweet by Wyre, the crypto exchange announced lifting 90% of the withdrawal limit immediately after it had limited the withdrawals a few days back. The company, in...
Economist & Crypto-Critic Peter Schiff Ask Hodlers to Sell Bitcoin
Economist and popular crypto cynic, Peter Schiff has once again missed no opportunity to criticize Bitcoin as he suggests holders to sell Bitcoin. The gold enthusiast instead pointed out gold...
Despite the FTX Collapse, UK Wants to Become the Global Crypto Hub
Despite the aftermath caused by the collapse of leading crypto exchange FTX, the UK still wants to become a global crypto hub. As per latest reports, British MPs and financial...
Thailand Open Doors for Virtual Banks to Operate by 2025
Aiming for development, the Bank of Thailand (BOT) plans to allow the nation’s first virtual banks to provide services by 2025 to boost competition and enhance the country’s overall economy....
MANA Targets $0.5 After a Week of Bullish Activity
Decentraland recent price action has been very impressive as it has recently broken the $0.4 resistance level and is on its way to hitting the $0.5 mark. The altcoin is...
An All-Time High Illicit Crypto Transaction Volume; Reports Suggest
The blockchain data analyst platform, Chainalysis published its yearly analysis of illicit activities declaring that the illicit transaction volume rose to an all-time high of $20.1 billion in 2022. The...
Altcoin Trading Dominance at New Highs: CryptoQuant
The beginning of 2023 has proved positive, with Bitcoin being up by 3.9% and Ethereum being up by 0.9% in the last 24 hours. According to CoinGecko, the global cryptocurrency...
Crypto Analyst Adamant on Further Capitulation of Bitcoin
Acclaimed crypto analyst, ‘il Capo of Crypto’ insists that Bitcoin price will fall in the short term. With a pictorial illustration, the crypto analyst predicted that Bitcoin price will fail...
Samsung Announces Bitcoin Futures ETF Launch As Market Recovers
Samsung Asset Management announced that it plans to launch Bitcoin futures exchange-traded fund (ETF). On January 13, Samsung will list the ETF on the Hong Kong stock market while Hong...
Ripple’s XRP Stands Out With a Profit of 6.2% in 24 Hours
Data from Santiment shows that XRP gained 6.2% in the past 24 hours while going in a different direction from most of the crypto market. Some cryptos still struggle during...
Dogecoin (DOGE) Spikes To $0.07912 After Strong Bullish Movement
Dogecoin is bullish, with DOGE/USD pair rising to the $0.07912 level after increasing by more than 2.18% over the last 24 hours. However, the digital asset is facing some resistance...
Santiment Reveals Bullish and Bearish Takes on the Market
A report on the current status of Ethereum (ETH), Lido DAO Token (LDO), Marker (MKR), and SushiSwap (SUSHI) was just compiled by a company that provides analytics for the cryptocurrency...
China-based Businesses Show Signs of Reentry into the Crypto Market
According to data analytic firm, CryptoQuant, there are signs that China is returning to the crypto market. CryptoQuant expressed this sentiment in its most recent weekly report on the digital...
Crypto Twitter Celebrates CFTC Charging Mango Markets Hacker
The crypto community on Twitter is celebrating the state protecting traders by filing charges against the Mango Markets hacker. Bloomberg writer and podcast show host Joe Weisenthal tweeted that he...
Swiss Central Bank Incurs $143B Loss; Biggest Loss in 116 Years
According to Bloomberg reports, the Swiss Central Bank revealed a total loss of $143 billion for the financial year 2022. John Morgan, the American financier and investment banker tweeted informing...
FatMan Squawks Against the Fallen Three Arrows Capital Co-founder
With many CEOs of fallen exchanges still at large, the crypto community has noticed activity from all of those so-called “bad actors.” A Twitter crypto analyst, who goes by the...
‘Best Time to Buy Bitcoin Is Now,’ Crypto Analysts, Experts Argue
A crypto chart analyst by the username @rovercrc on Twitter recently argued that a potential bull market rally is underway, given that Bitcoin’s historical patterns were reoccurring. The crypto analyst...
Solana Pumps by More Than 35% Before Today’s Minor Correction
Solana price analysis indicates SOL has emerged as the top gainer among the Altcoins during the last few days as the altcoin has gained more than 35% in the last...
SAND Bulls’ Hesitancy Drives Prices Down to $0.5161
The Sandbox (SAND) market has had a lot of volatility over the last day, with prices fluctuating between $0.5047 and $0.556. However, at the time of writing, the bears had...
Shiba Inu Is Ranked as Second Most Secure Crypto Project
The blockchain security pioneer known as CertiK revealed in their Web3 Security Leaderboard report that it ranked Shiba Inu (SHIB) as the 2nd most secure crypto project. Shiba Inu received...
Analyst Tweets Top Crypto Projects Based on Development Activity
After a thorough analysis, crypto analyst, Ben GCrypto, tweeted about the top ten crypto projects based on their development activity over the last 30 days. Polkadot and Kusama are leading...
How to Trade ATOM, FTM and ETH After Market Prices Rise
The global crypto market cap has risen 2.89% over the last 24 hours following a substantial increase in buying activity. According to CoinMarketCap, the global crypto market cap stands at...
Total Crypto Market Volume Goes Up By 90+% In 24 Hours
The market intelligence firm known as Santiment took to Twitter on January 8 to share some insights about crypto trading volumes reaching a new low. According to the post, there...
Crypto Analyst: 30% USDC Invested in Government Market Fund
Crypto Analyst John Paul Koning, who was intrigued by the findings of the Circle’s attestation report, took to Twitter to explain the reserve fund assets of USDC stablecoin. Koning examined...
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