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.
On-Chain Data Platform Spots Significant Whale Activity on PERP
According to EmberCN, an address withdrew 4700 ETH, worth $7.66 million from Bithumb. The whale converted the ETH to WETH and used it to purchase…
Friend.tech Witnesses New Highs in Transaction Fee Since August 21
Friend.tech witnessed a massive inflow of 4.06k ETH on September 9. The transaction volume of the platform has also exhibited a significant surge, reaching $12.32…
Mutiny By Nouns NFT Holders May Lead To Treasury Split Next Week
NounsDAO may be headed for a split thanks to its recently introduced rage quit rules. The new Nouns faction of disgruntled NFT holders may emerge…
FTX Seeks to Reverse Millions of Dollars Paid to Athletes for Brand Hype
FTX examines recovering millions of dollars paid to athletes and teams. Payments to athletes like Shaquille O'Neal and Naomi Osaka are under scrutiny. The report…
SEC Accuses Ripple of Slowing the Lawsuit to Keep Selling XRP
SEC accuses Ripple of prolonging the lawsuit to continue XRP sales. Ripple community expresses shock and alleges SEC hypocrisy. Prominent lawyer James Filan thinks the…
ETH Investors Stop Withdrawing From Exchanges: Selloff to Come?
Glassnode alerts revealed in a tweet today that ETH’s number of exchange withdrawals (7d MA) has reached a 1-month low. This fresh low was recorded…
PEPE Telegram Channel Hacked, Scammer Promotes Fraudulent Tokens
An unauthorized individual compromised the PEPE’s old Telegram channel. The individuals used the channel to promote fraudulent activities. PEPE called on its members to follow…
‘$100 Price Target For Solana (SOL),’ Projects Crypto Influencer
The decline in key network metrics of Solana may present an investment opportunity. A crypto influencer recently projected a $100 target for SOL, which would…
Leaked WhatsApp Chats Show Celsius Gambled $8M Weekly to Sustain CEL
According to reports, the founders spent over $8 million weekly to sustain CEL's value. WhatsApp messages expose Celsius Network founders artificially inflating CEL token price.…
11,000-Year Prison Sentence for Founder of Collapsed Turkish Crypto Exchange
The founder of crypto exchange Thodex has been sentenced to 11,196 years in prison. The estimated losses from the crash of the exchange are believed…
