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.
CRV Increases by 6.4% in 24 hours, Will the Bullish Trend Last?
After several days, bulls reclaim control. The cost of CRT increases by 6.40% to $0.8818. Will the bullish trend last? Curve DAO Token has experienced a remarkable rise in price...
A New Hike: Bitcoin and Ether Rising Above All-Time Low
Bitcoin and ETH exhibited a positive beginning this week. BTC price rose 1.4% to $19,670 on Monday. ETH price increased 1.3%, with its price rising above $1,300. The leading cryptocurrencies,...
Chief Judge May Look To UK Consultation Paper for Celsius Case
Chief Judge Martin Glenn claimed the court may refer to the UK’s “Digital Assets Consultation Paper”. Judge Glenn mentioned that there are no legal principles for crypto cases. The court...
Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
Cobie from UpOnly has criticized FTX and Binance for listing Aptos. Aptos made its debut on the mainnent on October 17. Another critic says Aptos currently has a lower TPS...
‘FTX CEO Works Behind the Scenes To Create BitLicense,’ Says Ben
Ben Armstrong points fingers at FTX CEO for working under the hood for a BitLicense. ‘Federal BitLicense will make decentralized and peer-to-peer transactions illegal’, says Armstrong. A crypto enthusiast stated...
Snoop Dogg’s Video ‘Crip Ya Enthusiasm’ is the First Collab in Web3
“Crip Ya Enthusiasm” featured performance captured by Web3 business Astro Project. It is the first music video created with blockchain-based Ethereum. In the Web3 area, celebrities are becoming well-known voices....
Mastercard Launches New Program Connecting Digital Assets and Banks
Mastercard launches a program to involve financial institutions in crypto trading. The company would act as a bridge between Paxos and banks. The card would handle regulatory compliance and security...
Recent Data Paints A Gloomy Picture Of Shiba Inu’s Future
The SHIB price has been struggling since May of 2022. SHIB is currently trading at $0.00001034 after a 0.83% increase in price. The meme coin’s social dominance and active addresses...
Need To Keep Pressure Around Burning $LUNC: Crypto Analyst
Twitter account TravladdCrypto asked his followers to burn $LUNC to support the community. $LUNC is struggling at $0.0003. Binance CEO said the crypto exchange would support LUNC burn. After LUNC...
LUNC At Risk Of More Price Drops Despite Being Down 11% Already
So far, the price of LUNC has dropped by about 11%. LUNC is at risk of even further price decreases. If LUNC flips $0.000278 it will invalidate the bearish thesis....
Crypto Market Cap Rises 0.8% As Marginal Gains Enter the Market
Crypto market cap is up 0.80% after marginal 24-hour gains in the crypto market. XRP, Terra, and Stellar dropped in price during the same time period. Growing fears of a...
Japan Revises Six Laws To Combat Cryptocurrency Money Laundering
Japan revises six laws related to the Foreign Exchange Act. The bill proposes an increase in penalties for crimes related to money laundering Crypto exchanges will now be required to...
Ethereum Holds Over 1.7M ETH Supply; Highest in Last 6 Months
Glassnode reported that ETH hit a 6-month high of $17M in the amount of supply. This was the amount last active on 1m-3m metrics (1d MA). Meanwhile, ETH’s price is...
Investors Should Look At Cardano And Quant For Long Trades
ADA has hit a crucial level where everything started in 2021. Van de Poppe believes LINK is showing signs of strength. QNT saw a decent 6% increase in price over...
ETH’s Price Continues to Tumble as Sharks and Whales Dump ETH
Sharks and whales have dumped 3.3 million ETH over the last 5 weeks. The ratio of ETH/BTC has dropped 12.7% during this time period. ETH’s price is now trading at...
FED Likely to Deliver 75 Basis Point Rate Hike in November
The 75 basis point hike in November could hurt the crypto industry. The hike can create a negative impact for risk assets like cryptocurrencies and stocks. Investors may want to...
Historical Data Suggests A Possible Price Spike For MANA
Decentraland’s market cap fell dramatically during 2022. Historical data indicates that when MANA’s transaction ratio is as low as it is now, it could be followed by a spike. MANA...
Will Solana (SOL) Hit a Good Spike Following the Market Rekt?
All the major coins including SOL surged in intraday trading. SOL signaled a boom after the past day’s rekt. SOL hovers at $31.5, at press time. Solana (SOL) exchanged...
Hong Kong To Decide Future of Cryptocurrency in Fintech Week
Hong Kong might reveal its stance on cryptocurrencies during Fintech week. The event will be held from Oct 31 to Nov 4 and will issue 2,000 NFTs for participants. The...
BTC, ETH, and All Top 10 Cryptocurrencies See A Surge
BTC and ETH are up 5.3% and 7.08% respectively. All the top ten cryptocurrencies are seeing a bullish movement in price action. XRP is the most impressive of them all,...
China Proposes Asia-Wide Digital Currency To Ease Dependence on USD
Chinese researchers have floated the idea of the Asian Yuan to loosen reliance on the US dollar. The Asian Yuan is an Asia-wide digital currency based on distributed ledger technology....
AAVE on Silver Line After Past Day’s Crypto Market Crash
AAVE signaled a surge after the past day’s crypto crash. Major coins such as BTC, ETH, and XRP have also rallied in the past 24 hours. AAVE trades at $73.2...
Tether’s Recent Move Could Force Regulators To Tread Carefully
Alistair Milne shared his thoughts on Tether bringing its commercial paper to zero. Milne states that Tether has now become a large holder of the US government debt. Tether announced...
Bears Seize Fantom Market as Its Price Declines by 5.51%
FTM loses 5.51% of its recouped value. As FTM prices continue to fall, bears are in charge. At $0.1976, Fantom finds support. Following a brief upward momentum in the 24-hour...
Multiple Indicators Suggest That Bitcoin Is Ready for a Rally
BTC’s dominance is gaining momentum in the past few hours. If BTC’s 9 EMA cross the 20 EMA on the 4h chart, it could signal a price spike. BTC is...
