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.
Crypto Community Believes USDD is Unsafe As Huobi Battles Crisis
The crypto community speculates about a possible recurrence of the monumental stablecoin de-peg that happened seven months ago with UST. Given certain unusual activities around the Huobi Chinese crypto exchange,...
Cryptoquant Data Shows Sharp Decline on Gemini Exchange Activity
Data from Cryptoquant, the platform for on-chain data analysis shows a sharp decline in exchange activity on Gemini. As reported on its Twitter account, all key indices investigated returned negative...
Kusama Consolidates Above $24.83 After a Period of Bullish Action
Kusama (KSM) has been on a roll over the past few days, with its price rising from $20 to nearly $25 in a matter of days. The coin is currently...
Bitcoin And Ethereum’s 2023 Recovery is Going Well So Far
The market intelligence firm Santiment shared some insights about coin performances in one of their latest Tweets on January 6. According to the post, crypto markets are steadily on the...
Shibarium Confirms Every On-chain Transaction Would Burn SHIB Token
Shibarium, the layer two blockchain scaling solution, has officially confirmed that every transaction on its network would burn a Shiba Inu (SHIB) token. Shibarium announced the update on Twitter today...
Monero Price Analysis: XMR Price Retreats To $154.95 As Bears Retake The Lead
Monero price analysis shows that the XMR/USD pair is currently in a bearish trend. The market has been in a downtrend since the beginning of today. Although yesterday was bullish,...
Justin Sun Transfer $100 Million to Huobi to Boost Confidence
The crypto tycoon and creator of Tron, Justin Sun, moved $100 million worth of his stablecoins to his crypto exchange Huobi after announcing that the exchange was laying off employees....
Solana Increases Value By 1.29%, indicating a strong bullish Momentum
Solana price analysis shows an uptrend with a series of higher highs and higher lows. Over the past two weeks, Solana’s price has increased from $11.98 to a high of...
Price of Bitcoin (BTC) Is Now Trading Above the 20-Day EMA Line
Bitcoin (BTC), the crypto market leader, has gained some strength against the US Dollar over the last 24 hours, according to CoinMarketCap. At press time, BTC’s price has risen 0.86%....
Fantom’s Price Finally Broke Out of a Falling Wedge Pattern
The price of Fantom (FTM) has risen over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of FTM is up 4.51%...
“Not Your Keys, Not Your Crypto” Emphasized by Crypto Influencer
The latest event to impact the crypto markets, the downfall of FTX, is a practical example of how crypto stored on exchanges does not belong to the people that make...
US Attorneys Delve Into DCG Finances: No Accusations Yet
Reportedly, the US Government has decided to probe into the financial dealings of the venture capital company Digital Currency Group (DCG). Notably, the details of the investigation have been informed...
Bonk Falls off a Cliff Causing a 52% Fatal Decrease in Price
As the price trend has been heading lower for the past day, the bears are currently in control of BONK’s market. Due to the drop in demand, Bonk’s price fell...
Altcoin Trading Dominance at 50+% As Traders Lose Interest in BTC
Bitcoin’s dominance is slightly up over the last 24 hours according to CoinMarketCap. At press time, the market dominance of Bitcoin (BTC) has risen 0.20% — taking the market leader’s...
Investors File Lawsuit Against Gemini Trust Co. and Its Co-Founders
Investors have filed a lawsuit against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the cryptocurrency asset exchange provided interest-bearing accounts that it neglected to register...
BONK Skyrockets by 3,600% After Launch, Crypto World Applauds
The new cryptocurrency — Dog-themed meme coin — Bonk Inu (BONK) which works on the Solana blockchain network, has been staging a good performance in the crypto market. Since its...
High Levels of Euphoria Present in the Market: Analysis Firm
The global crypto market cap has continued to rise over the last 24 hours according to CoinMarketCap. At press time, the global crypto market cap is up 0.35% — taking...
LunarCrush Lists Top 5 Cryptos Based on Social Engagement
Crypto social intelligence platform LunarCrush has reminded its community of the importance of social engagement in the behavior of cryptocurrencies. In a recent tweet, the platform emphasized that community participation...
ADA is 75% Higher Than SOL By Market Cap, But Its Price is Quite Low
Crypto analyst Ben Armstrong aka Bitboy tweeted about the market caps of two major coins Solana (SOL) and Cardano (ADA). He opined it is so sad that fan trolls are...
2023 Looks Very Promising For Meme Coins DOGE And SHIB
The price of Shiba Inu (SHIB) has skyrocketed since it was introduced to the market. Musk’s backing of another meme coin named Dogecoin (DOGE) has a similar effect on the...
Market’s Positive Start to 2023 May Come to an Abrupt End
The total crypto market cap is up for the day at press time according to the crypto market tracking website CoinMarketCap. It currently stands at $808.95 billion after a 0.21%...
Winklevoss’ Demands Lost $900 Million in Letter to Barry Silbert
In a recently posted letter via Twitter, Cameron Winklevoss has accused fellow businessman Barry Silbert of “bad faith stall tactics” and the intermingling of funds within his conglomerate. Winklevoss says...
Solana Beats Ethereum, Polygon, & Others With Most Transactions
According to the data platform, GokuStats by Artemis, Solana is processing the most number of transactions compared to any other blockchain including Ethereum, Polygon, Avalanche, NEAR, and Aptos. The daily...
Furious COMP Finance Investors Files Lawsuit Against the Protocol
A few disgruntled investors of the popular Web3 lending service, Compound Finance, have filed a lawsuit asking the business to halt sales of its native COMP coin. The plaintiff, among...
Rest of the Month May See Crypto Prices Continue to Rise
The global crypto market cap has risen 1.21% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the total now stands at around...
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