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.
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...
Hong Kong Lays Groundwork To Trade Virtual Asset for Clients
Industry participants in Hong Kong’s financial services sector are effectively laying the framework to allow retail customers to trade virtual assets in the coming months following a critical amendment to...
Bitcoin ATM Count Grows by 543% From 2020 Amid Bear Market
Data shows that despite the significant turbulence that rocked the crypto market in 2022, the number of new Bitcoin (BTC) automated teller machine (ATM) installations remarkably increased. According to CoinATM...
U.S. Market Recession Imminent in H2 2023: Michael Burry
Famous American investor Michael Burry has predicted that the U.S. economy will go into recession by the second half of 2023. According to Burry, the inflation level has reached a...
Hackers Steal 200+ BTC of Bitcoin OG and Core Developer
Adding up to the crypto theft incidents, Bitcoin OG and core developer Luke Dashj tweeted that many of his bitcoins were stolen, on December 30. Dashj claimed on the last...
Musk Faces a Major Loss of $200 Billion Amid Market Crash Inflation
Twitter CEO Elon Musk’s net worth was $340 billion until November 4, 2021, making him the richest person in the world. However, Musk’s fortune dropped to $137 billion, last month....
Valkyrie Announces Launch of “Valkyrie Opportunistic Fund”
Valkyrie unveiled its new proposal for Grayscale Bitcoin Trust (GBTC) in one of its recent blog posts. The announcement comes amidst the light of recent events associated with Grayscale and...
Crypto Market Sees Massive Drop of Trading Volume in 2022
CryptoCompare data has revealed that daily crypto transaction volumes fell sharply in December 2022. On November 8, the global crypto trade volumes peaked at around $115.33 billion. This number dropped...
Crypto Events 2022; a Festival of Massive Cataclysm and Boon
It is a well-known reality that the crypto/blockchain sector is witnessing all sorts of idiosyncratic advanced technology and related developments. From the bellwether Bitcoin to numerous altcoins, centralized to decentralized...
Kevin O’Leary’s Twitter Account Hacked To Promote Giveaway Scam
Shark Tank star Kevin O’Leary’s aka Mr Wonderful Twitter account was hacked on Thursday and used to disseminate a scam about a bogus Bitcoin and Ethereum giveaway. The scammer used...
FTX Japan Publishes Fresh Roadmap for Customers’ Asset Redemption
According to an official document, the Japanese subsidiary of the now-bankrupt crypto exchange FTX is developing a roadmap towards returning customer assets from February next year. The roadmap comprises a...
Bitcoin Mining Revenue Towards Pre-Halving Levels: Tweets Pierre
Pierre Rochard, the Bitcoin Strategist at the US-based cryptocurrency exchange Kraken recently tweeted that the bitcoin mining revenue of December has been back to the pre-halving level. In his tweet,...
