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.
US Congress Challenges Binance, Coinbase, FTX on Crypto Fraud
The US House of Reps Committee on Oversight and Reform is intensifying its efforts to stop cryptocurrency fraud. The action entails sending several letters to various crypto exchanges and agencies...
Qatar Apex Bank Grants First Digital Payment License to Two Firms
The central bank of Qatar has just granted its first digital payment license to two companies. Previously, the regulator announced its readiness to formally launch the mobile payment service, Google...
Goldman Sachs Believes the UK will Enter a Recession in Q4
Analysts at Goldman Sachs believe that the UK will enter a recession in the fourth quarter of 2022. The most likely cause for the recession to happen is consumer price...
Dubai Regulatory Issues Guidelines for Virtual Asset Marketing
VARA has issued restrictions on marketing, advertising, and promotions of virtual assets. VARA aims to offer consumer protection in the virtual assets market. CTO of Colossal Bit said virtual asset...
Russian Central Bank Eases Restrictions on US Dollar, Euro Cash
The Central Bank of the Russian Federation (CBR) has eased one of the limitations on selling US dollars and euros in cash to private people. Russians could only purchase dollars...
Total Crypto Market Cap Stumbles Following Mass Selloff
The total crypto market cap has dropped 5.49% over the past 24 hours. The top 10 crypto projects experienced a +3% drop in their respective prices. Bullish divergence on BTC’s...
Divergent Viewpoints Arise on the Upcoming Ethereum PoS Switchover
Divergent viewpoints exist on the upcoming switchover of the Ethereum network to a PoS consensus network. Technical analyst Crypto Rover said the price of ETH would massively fall on the...
Ethereum Merge Fast Approaching, Mining Activities on ETC Surges
Mining activity on ETC reaches another all-time high. The mining hash rate hits an ATH of 42.28. This is reportedly due to the upcoming Ethereum merge. In the context of...
Thailand’s Gulf Energy Billionaire CEO Boosts Crypto Investments
● Gulf Energy Development CEO plans to double down all crypto investments despite the current crypto market unrest.● Sarath Ratanavadi anticipates DLT platforms to become the company’s new source of...
Weekly Chart of Ripple (XRP) Shows Potential to Go Bullish
XRP price prediction ranges from $0.3037 to $0.5807. The price of the coin increased by 2.90% within 24 hours. XRP’s bearish market price prediction is $0.3037. Ripple, which promises to...
USDN Loses Peg To The Dollar Making It The Fourth Time This Year
Neutrino Dollar has lost its peg to the dollar over the last day. USDN lost its peg in April when rumors of price manipulations started floating around. Every time that...
Challenges Awaits BTC; Will it Break the Current Support of $20,000?
BTC price prediction ranges from $21000 to $19,500. The price of the coin dropped by 1.24% within 24 hours. BTC’s bearish market price prediction is $19000. Despite the crypto market...
Nvidia’s Q2 Revenue Affected by Crypto Mining Downturn
Nvidia has reported a 19% drop in revenue and a 59% drop in net income. The company’s gaming sales were down 33% from the same time last year and 44%...
SEC Seeks Fresh Permission to File a 90-page Document Against XRP
The SEC seeks to file one big reply, 90 pages, in addition to its motion to exclude the expert witnesses of Ripple Labs. Earlier, SEC gained permission to file a...
XRP, BNB, and CAKE Among Cryptos With Highest Positive Sentiments
Some top cryptos in terms of market cap have the best sentiments. XRP had the 5th highest positive sentiment on the chart provided by Santiment. The crypto with the third-best...
Traders Struggling as SOL Is Down Below 20% Over Last Week
Solana traders are suffering as the coin’s price continues to fall. Trading volume for SOL has also seen a decrease of 10.34%. If bulls step in, they will have to...
Crypto’s Asian Stocks Alignment Highlights Need for Regulation: IMF
The IMF says it sees a growing correlation between crypto and Asian stock markets. This is because Asian investors have been increasingly getting into crypto in the past two years....
BTC Holding at Critical Fall, Will Price Retrace Back to $22k?
BTC price prediction ranges from $21000 to $22,800. The price of the coin dropped by 10.8% since August 19, 2022. BTC bearish market price prediction is $20,212. Bitcoin (BTC) experienced...
EOS Sees 22.69% Increase, Forming a Pump before the Big Fall?
Bullish EOS (EOS) price prediction ranges from $1.765 to $2.4. EOS price increased by 22.69% within 24 hours. EOS’s bearish market price prediction is $1.650. EOS sees a surprising price...
New Government Powers Enhanced Crypto Regulation In Australia
The Australian Labor Party (ALP) is finally approaching crypto regulation through a “token mapping” exercise. The Government believes token mapping will help “identify how crypto assets and related services should...
Cybersecurity Analyst Outlines NFT and Crypto Scams on Twitter
Cybersecurity analyst describes the strategies scammers use to hack funds. In a 19-part Twitter thread, he shows how scammers prey on inexperienced crypto users. Most criminals target people who have...
South Korea To Impose a Gift Tax on Crypto Airdrops
The South Korean government will impose a new gift tax on freely transferable crypto assets, including airdrops. To pay the gift tax, one must file a gift tax return within...
Crypto Analyst is Bearish on BTC, ETH, Asks Buyers To Look Forward
Michael van de Poppe predicts bearish price trends for BTC and ETH. He forecasts that BTC would dip to $19.3k and ETH would move down to $1,400. The crypto analyst...
SEC Wants to Hide More Document Portions on Their Expert Witnesses
The SEC has filed a letter asking the ruling court of its ongoing lawsuit against Ripple to seal portions of the filings relating to the SEC’s expert witnesses. “In addition,...
YouTube Crypto Analyst Warns About Bitcoin, Altcoin Dump
EllioTrades Crypto warns about common trading misconceptions and traders’ impulsiveness during a bear market. The YouTuber thinks if traders aggressively short and long, they may lose their investments. The analyst...
