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.
Bears Rage on the STORJ Market, However the Outlook is Bullish
Analysis of the Storj price shows a consistent increasing tendency. Support for STORJ is at $0.3328, while resistance is at $0.353. Prices for STORJ have decreased by 0.56% to value...
Ethereum Software Firm ConsenSys Collects User Data
ConsenSys reveals it will collect user data for every transaction. Using Infura as the default RPC provider in MetaMask will enable the company to collect information. IP address and wallet...
LTC, BNB, BCH Among Top-performers Gaining Over 11% in 7 Days
LTC topped the list, gaining an unprecedented 33.44% in the previous seven days. The 24-hours volume of BNB is up by around 147.01%. BCH traded at $115 after gaining over...
Toncoin’s (TON) Bulls Overrun by Bears as Price Drops by 1.16%.
Safepals’ statement of support for TON does not result in a persistent rise As of press time, TON faces resistance at $1.70. Bulls lose steam as bears retake control of...
Cardano DJED Algorithmic Stablecoin Premieres 2023
DJED algorithmic stablecoin to launch on Cardano mainnet next year. The Djed team pledged to back the stablecoin with excess crypto collateral. ADA currently trades at $.3018 with over 11%...
Analyst Shares Expectations For Local Bottoms Of Certain Cryptos
The analyst expects Bitcoin’s bottom to be between $12k and $14k. ADA is currently worth $0.3008 after a 1.06% drop in price. LTC is one of the few cryptocurrencies in...
Grayscale Bitcoin Trust (GBTC) Gained High NAV By Rise in Bitcoin
In economist Peter Schiff’s view, Grayscale promoted BTC on CNBC and boosted BTC’s NAV. GBTC investors paid high premiums to NAV so GBTC could purchase more Bitcoin. GBTC’s current discount...
Google Chrome Extension, VenomSoftX Steals Cryptocurrency, Passwords
VenomSoftX was deployed by ViperSoftX Windows malware to steal clipboard contents. ViperSoftX Windows malware acted as a JavaScript-based RAT and crypto hijacker. VenomSoftX targeted crypto exchanges like Blockchain.com, Binance, Coinbase,...
Uniswap Labs Releases Privacy Policy; Data and Privacy Protected
Uniswap Labs released the company’s privacy policy to show the customers the way in which they protect their data and privacy. It includes the details of the data collected, and...
Crypto Youtuber Luci Says Crypto Won’t Disappear From Headlines
Crypto Youtuber Luci shares her thoughts on the currency crypto events. Luci is uncertain about what will happen to BTC, ETH, or DOGE. The YouTuber added that she feels crypto...
Upcoming Fed Meeting May Deliver a Massive Blow to the Market
The upcoming Fed meeting is expected to have a negative outcome. Crypto prices have dropped substantially over the last 24 hours. BTC’s 4-hour chart turns slightly bearish as investors brace...
Incomesharks Shares the Mistake That Many Crypto Traders Make
A tweet by IncomeSharks (@IncomeSharks) this morning shows that it is still possible to profit despite being “wrong” multiple times when trading. According to the tweet, one of the main...
American CryptoFed’s S1 Registration Fails; Token Sale at Risk
SEC initiated proceedings to suspend the registration of American CryptoFed. The proceedings resulted from American CryptoFed’s failure to provide sufficient details in the Form S1 registration statement. As a result,...
Aave Dips Again After a Daily Peak of 60.0, a Decrease of 3.17%
Aave price analysis shows a declining market sentiment Support for AAVE is present at $56.5 Aave is trading below the 20-day EMA and 50-day SMA at $58.0 Aave price analysis...
High Degree of Negative Crypto Market Sentiment This Week
FUD levels reached a peak this past week according to Santiment. This bearish sentiment has historically increased the probability of future price rises. ETH and BTC have seen their prices...
Good Things Expected For These Five Altcoins In The New Year
Altcoins are gearing up for a move upwards. A change in the current market conditions could cause the price of ETHrebound nicely. Once the MATIC price rises above $1, it...
Here’s Why the Price of BTC Won’t Drop to the $10K Mark
BTC’s price drops 1.21% over the last 24 hours and trades at $16,583.75. Traders and speculators struggle to establish BTC’s bottom. A large-scale violent event in the markets will be...
Outflows Of StableCoins On Exchanges Has Been On The Rise
Santiment indicates that stablecoins have increased withdrawals from exchanges. The FTX drama played a big role in these withdrawals. This high number of withdrawals have a negative impact on the...
Jim Cramer Says, ‘I Find It Shocking How People Think Crypto Is Good’
Jim Cramer said he finds the level of arrogance intriguing for people who think that crypto is good. The host of Mad Money on CNBC spoke at length about the...
CMC, CoinGecko Majorly Drop The Ball on FTX, Shows Report
Chinese reporter Wu questions CMC and CoinGecko ranking FTX highly on their platforms. ProChain Capital CEO David Tawil predicts the analytic platform’s image is tarnished. CoinGecko has begun tracking liquidity...
Can the Bulls Push BTC Price to $17,000 in a Lethargic Backdrop?
BTC is trading at $16,545.35 and is down by 1.12% in the last 24 hours. Bitcoin set a 24-hour high of $16,709 and a low of $16,501. Contracting Bollinger bands...
BTC Stagnates at $16,500, Is Bearish Scenario a Viable Scenario?
Bitcoin price analysis shows the bearish momentum is weakening in the last 2 hours. Strong support has formed around the $16,500 level and Bitcoin appears to be having trouble breaking...
Amid Bear Market Woes, ABBC Trade Offers Ray of Hope: 300% BUSD Rewards
ABBC Foundation announced the launch of its newest portal, the ABBC Trade. Users who trade their ABBC coins can earn 300% BUSD rewards in 365 days. Holders of ABBC coins...
Third-Party Audit Report Reveals Luna Foundation Defended UST Peg
JS Held releases Luna Foundation Guard and TerraForm Labs audit. Report suggests LFG used $2.8 billion to defend UST’s peg in May. TerraForm CEO Do Kwon says Terra crash should...
Gensler Punished Companies That Wanted to Work With SEC: Deaton
John Deaton predicted that the SEC would sue a few exchanges by the end of the year. The SEC rather chose to punish companies that “begged” to work with the...
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