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.
Coins in DCG’s Portfolio Have Seen Significant Price Drops
A tweet made yesterday by the blockchain analysis firm, Santiment, shows that coins in the Digital Currency Group (DCG) owned by Barry Silbert, have plummeted hard in recent days. According...
Coingecko Delists 40% of Cryptocurrencies Listed During 2021 Bull Market
Jameson Lopp, Co Founder of Casa shared CoinGecko’s Head of Growth, Julia Ng’s report on the cryptocurrencies that collapsed after being listed on CoinGecko. As per Julia’s report, 3,322 cryptocurrencies...
Shiba Inu (SHIB) Price Drops By 7% After Huge Whale Transaction
Lookonchain took to Twitter early on December 20 to announce that a whale has recently transferred 200 billion Shiba Inu (SHIB), which is worth about $1.67 million, to Crypto.com. A...
Sam Bankman-Fried Being Extradited To US on Conditions for Bail
FTX founder Sam Bankman-Fried reportedly agreed to be extradited to the U.S. on Monday after a court appearance in the Bahamas. As of today, he has been indicted in Manhattan...
Analysis Claims Binance Report Is ‘Black Box,’ Speculations Arise
Today, a global media house, Reuters, released a special report claiming that one of the largest crypto exchanges, Binance’s financial books, is a “black box.” Conducting an analysis, the media...
USDC Liquidity on Uniswap Has Just Reached a 2-Year Low
Despite the latest turmoil in the crypto markets, the three biggest stablecoins have been able to maintain their peg to the US Dollar, according to the crypto market tracking website,...
951 Digital Coins Out of 8,000 Marked ‘Dead’: States CoinGecko
According to the reports by the independent data aggregator, CoinGecko, the number of dead cryptocurrencies in 2022 dropped 300% from 2021. Though more than 8,000 digital currencies were enlisted on...
Nearly 15% of Total Crypto Assets Withdrawn by Investors in November
The collapse of FTX resulted in the largest-ever outflow of bitcoin from crypto exchanges, with investors withdrawing nearly $1.5 billion. After facing a liquidity crunch, the ensnared exchange filed for...
Crypto Addresses Depositing Stablecoins Soars to Record Levels
According to blockchain analytics company CryptoQuant, the number of currency addresses depositing Stablecoins on derivative exchanges has reached a record high (ATH). This increase happened despite the consumer price index’s...
FTX Collapse Effect; One Time Crypto Fans Now Leaving the Industry
The FTX collapse had a dire effect on the crypto industry and crypto fans alike, as many one-time fans are now leaving the industry. The year has been the toughest...
Binance Coin (BNB) Up While DOGE, BTC, and ETH Experience Losses
The global crypto market cap has declined 0.50% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the total crypto market cap stands...
Solana Has Lost 97% Of Developers Since January 2022, 75 Left
Crypto Twitter influencer, NekoZ tweeted about the blockchain platform, Solana’s active decline in the number of developers. The tweet specifies that Solana has lost 97% of its total number of...
JP Morgan Buys a 48.5% Stake in Viva Wallet for Over $800 M
The American multinational investment bank, JP Morgan has reportedly sealed a deal to buy about 48.5% stake in Viva Wallet for more than $800 million. As per reports, the stake...
Ray Youssef Acknowledges African Crypto Growth as a Revolution
Ray Youssef, the CEO, and co-founder of the peer-to-peer crypto trading platform, Paxful, tweeted in response to the Certified Investment Trader from Nigeria, Olumide Adesina’s post on Africa’s high records on crypto...
Bitvavo’s $296.30 Million Locked at DCG: DCG Faces Liquidity Issues
Reportedly, Bitvavo, the Dutch-based crypto firm and a prominent European market leader offering tailor-made services for crypto investors, announced that 280 million euros, an equivalent of $296.30 million, has been...
Guggenheim Partners CIO Expects Further Crypto Market Meltdown
Guggenheim Partners’ Chief Investment Officer Scott Minerd has warned investors following the demise of the FTX cryptocurrency exchange and what appears to be a broader meltdown of cryptocurrencies. According to...
SDF Partners with IRC To Relieve the Ukrainians via a Novel Pilot
The Stellar Development Foundation (SDF), a non-profit organization to support the development of the open-source Stellar network, partnered with the International Rescue Committee (IRC), to pilot “a first-of-its-kind blockchain-powered aid...
Jeff Dorman Reveals the 10 Digital Asset Stories You Must Follow
Jeff Dorman, the Chief Investment Officer (CIO) of Arca tweeted about ten relevant digital assets stories like the importance of crypto audit, binance, inflation, FTX, substitutes, yields, Geminis & RIAs,...
Chainalysis Reveals That FTX’s Demise Was Not the Biggest Issue This Year
Chainalysis posted a detailed analysis of the realized losses triggered by the falls of Terra, Celsius, and 3AC, as well as the recent one, the FTX. The study concluded that...
Crypto Analyst Shares His Forecasts for BTC, ETH, BNB, LINK, MATIC, LTC
The global crypto market cap is down 1.27% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. As a result, the total stands at $859.92 billion....
Rahul Gandhi Plans To Unlock India’s Potential Via Crypto, Web3
Indian political party, Congress’ leader, Rahul Gandhi, tweeted his interview with the former Reserve Bank of India governor, Raghuram Rajan, discussing future plans to unlock India’s complete potential by exploring...
Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB
As per the latest data from CoinMarketCap, Solana (SOL) has now dethroned Tron (TRX) and Shiba Inu (SHIB) in terms of market capitalization. SOL, which was earlier in the sixteenth...
AXS, MANA, Among Top-performing Metaverse Coins in Last 24 Hours
The global crypto market saw a $27 billion inflow in the last 24 hours, and the utility coins of the Metaverse took a substantial part of the increase. The current...
Tax on Crypto Assures a Major Income for Government of India
According to a statement submitted by Pankaj Chaudhary, the Minister of State for Finance, to the Rajya Sabha, the Government of India has received a total of 60.46 crores from...
Why Whale Watching Could Be Important At the End Of 2022
Santiment, a well-known market intelligence platform took to Twitter on December 13 to elaborate a bit on whale behavior, and how it could help traders spot a potential diamond in...
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