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.
The FTX collapse concerns the industry about an upcoming breakdown. The split of Binance and FTX raises concerns about potential systemic risk. Crypto winter, according to investors, will last through...
Institutional investors are buying the Bitcoin dip. Analysts say now is a good time to get into BTC. Bitcoin price can drop lower to reach its average bear market correction...
BlockFi has suspended client withdrawals until further notice. SALT has paused deposits and withdrawals for users. DefiLlama’s founder reported that lending processes observed a major TVL fall. DeFi lending protocol...
ZachXBT tweets about the $230 million Gate.io hack in 2018. The on-chain sleuth called out the exchange for not disclosing the hack to customers. ZachXBT retweeted a post tracing transactions...
Alameda Research withdrew 55 million USDC from Circle earlier today. USDC is currently down by 0.04%, yet still maintains its peg to the dollar. BUSD saw a low of $0.9996...
Chief Economist says that this is not a crypto winter nor ice age, but crypto extinction. Schiff broke the previous keynote speaker’s advice to sell gold and buy Bitcoin. Gold...
Jordan Belfort says, “BTC holds value long-term”. Belfort hopes crypto’s potential will open up once crypto regulations are introduced. “ETH too has strong underlying fundamentals,” says the former stockbroker. Amid...
Shark Tank Investor Mark Cuban senses the need for better apps via smart contracts. Cuban states that the better the app, the better the value of the token. Some Twitterati...
Crypto community thinks USDD is unsafe, given some unusual activities. A crypto enthusiast alleged that $548 million in the USDD’s reserve disappeared. The stablecoin trades at $0.9863 instead of the...
The crypto market cap has dropped below the $1 trillion market this past week. ATOM, MATIC, DOT and SNX all saw their prices drop over the last 24 hours. All...
MANA’s price has dropped 7.85% in the last 24 hours to $0.4741. Technical indicators hint that MANA’s downward price trend may continue. Society wonders if the bulls can intervene and...
Large ADA investors have lost interest in the altcoin. ADA’s currently trading at $0.3417 after a 5.37% drop over the last 24 hours. Weighted sentiment for ADA has also remained...
Recent Bitcoin price research suggests another gloomy run. This week’s tectonic disturbance is caused by FTX withdrawals. Bitcoin is facing resistance at $17,480.18 and support at $16,543.48. Bulls are fatigued...
Altcoins like MATIC and CHZ are largely affected by narratives at the moment. MATIC is currently trading at $0.9815 after a 9.77% drop in price. CHZ’s 24 hour trading volume...
DOGE’s recent rejection from the $0.14 rejection invalidated its bullish pattern. The meme coin marked a declining trend in its volume. DOGE is currently trading at $0.0809 after a 7%...
NY Fed and MAS’s Project Cedar x Ubin+ explore wholesale central bank digital currencies (wCBDCs). Project Cedar Phase II x Ubin+ will offer insight into the functionality of a multi-currency...
Michael Saylor joins CNBC to discuss the FTX chaos. The MicroStrategy founder says the crypto industry needs to grow up. He also believes the future of the industry lies in...
The Russian Federation and the Turkish Ministry signed a bill for ensuring legal cooperation. The deal includes the prevention of information crimes like the illegal use of cryptocurrency. The Federation...
Nigeria’s Naira surges against the U.S. Dollar at N730. Analysts say replacing currency notes had led to its depreciation. Cryptocurrency popularity has increased in the nation. After two weeks of...
USDT value temporarily slipped by a minuscule percentage creating FUD. Tether’s CTO noted no cause for alarm as the company has enough reserve to cover USDT swaps. FUD calls previously...
Bitcoin set a new low of $15,708 earlier today but has since bounced back to reclaim the $17,500 mark. Bitcoin rebounded after falling to lows of $15,708 earlier today, reaching...
TRX (TRX) has shed 5.12% of its value and is now priced at $0.05633. Technical indicators forecast TRX market will continue to plummet. TRX finds support at $0.05277 and resistance...
Elizabeth Warren asks SEC to regulate and enforce protection laws for consumers. Bitcoiner Bruce Fenton calls out Warren for previously supporting FTX’s Bill. SEC officials are investigating documents linking FTX.US...
Fundstrat Global’s Mark Newton expects Bitcoin to drop as low as $10,000. Bitcoin dump triggered as Binance backs out of FTX deal. Analysts expect heavy volatility as US set to...
Charles Hoskinson recently tweeted that cryptocurrencies and blockchain technologies are changing the world. Hoskinson states that short-term events won’t stop the revolution. The recent statement comes amid the fall of...