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.
Chinese Digital Currency Surpasses 100 Billion Yuan: Claims PBOC
China’s digital payment trials complete 100 billion transactio by August 2022. Digital Yuan is China’s take on the Central Bank Digital Currency (CDBC). The country is ramping up its efforts...
Fed’s Barr Claims Crypto Unlikely To Replace Traditional Currency
The Federal Reserve Vice Chair for Supervision claimed crypto tokens are unlikely to replace traditional currency. Michael Barr further explained that banks should proceed cautiously. Barr explained that he was...
Historical Data Indicates HT and CHSB Prices Might Start Dropping
HT and CHSB might be looking at a price drop soon. CHSB’s price is already dropping as it is down more than 3% today. HT investors may need to prepare...
TRX Looks Ahead of Partnership, But How High Could It Surge?
TRX took a good surge in the past day in the context of its integration in Dominica. However, today, its value declined along with other major coins. Experts say, this...
Crypto Price Movements for October Contradict Crowd Sentiments
Swing trades have been directed by bullish or bearish sentiments in the market. When sentiments in the markets are bearish, prices usually bounce. Both BTC and ETH are down more...
Bullish Momentum Short Lived as DOT Prices Shoot Down by 0.59%
Bullish momentum fades as prices decline once more. Prices on the DOT drop by 0.59%. Technical signs suggest that this trend might persist. The Polkadot price analysis of the daily...
$3M LUNA Cashouts By Do Kwon May Have Caused UST Collapse
Reportedly, Terra founder Do Kwon unlocked 3 million LUNA for TLF back in 2021. The LUNA tokens were converted into UST by specialized bots. $300 million were dumped into MIM...
Dominica Government and TRON Partner to Issue National “Fan Token”
TRON and the Dominican government partner to release a national fan token. The Prime Minister says the fan token initiative aligns with vision 2020 strategy. TRON founders say not to...
Does ETH Hint a Surge After Forming Bearish Zone Below $1,300?
Ethereum indicates an uptrend in the 4-hour trading pattern. However, ETH went bearish below the $1,300 zone in the 1-day trading pattern. Today’s FOMC meeting is a good turning point...
Huobi Token Turns Head as It Sees Over 20% Price Increase
BTC is one of the many cryptos currently in a slump. ETH is also struggling as it dropped below $1,300 yesterday. Huobi Token is currently trading at $6.46 after a...
Will The Positive Trend in BTC Last?
In a recent price review, the price of BTC increased by 0.18% Will the bullish trend’s momentum fade quickly? On the previous day, BTC finds support at $18,925.60 and resistance...
DOT, KSM, ETH, ADA, And SNT Top Cryptos In Terms Development
Polkadot’s and Kusama’s shared Github repository continue to be the most active. Ethereum, Cardano, and Status round out the top five cryptos with the most notable development. DOT is currently...
BTC Price Activity Sluggish Amid Uncertainty in the Crypto Market
The BTC price is struggling to break out. BTC’s price is currently up about 0.25% despite the uncertainty in the market. The rest of the crypto market is following BTC’s...
SushiSwap Head Indicates Launching of Stable Pools Amid Scam Allegation
Jared Grey of SushiSwap responded to crypto critic Cobie’s remark on SushiSwap’s new stablecoin. Earlier Cobie tweeted that there was viral marketing for the new Sushi Stable Coin. Grey replied...
Formula One Files for 8 More Trademarks To Join the Crypto World
Formula One has filed for eight more trademarks to join the crypto world. Mike Kondoudis has shared F1’s trademark filing on Twitter. In 2022, more than 5,800 trademark applications were...
Top 5 Cryptos to Watch This Week – BNB, BTC, ETH, HT, MKR
The crypto market has been plunging into a prolonged bear market. Most assets are trading 60-80% down from their all-time highs. Amid this, here are 5 cryptos to watch this...
Analyst: With CPI Data Coming in, Crypto Is ‘Running Out Of Time’
Crypto analyst warned in his newest video that crypto is running out of time. Gambardello says BTC is hovering on the edge of a cliff right now. Michael van de...
Influential Finance Watchdog Proposes “Comprehensive” Crypto Rules
FSB proposes the centralization of stablecoin and liquidation of powerful crypto platforms. Significant price drops in Bitcoin and other altcoins contribute to unstable stablecoins. FSB is concerned about liquidity mismatches,...
MEPs Vote Deal on Crypto Markets in Europe; Regulations On The Verge
EU parliament members voted to confirm a provisional deal on crypto-asset markets. The members of ECON and LIBE approved a deal on checking AML-based crypto funds. By this, EU lawmakers...
Binance Helps To Trace $4.2 Million in Crypto Donations to Russia
Binance joins concerned authorities to track $4.2 million in crypto donations to Russia. Chainalysis found Telegram posts from Rusich, Rybar, and Southfront. Researcher said the funds were used to pay...
Demirors Claims: Crypto Is Not Immune to ‘Financial Censorship’
Meltem Demirors, claimed that crypto is not immune to “financial censorship”. At the time of writing, 32.25% of post-merge Ethereum Blocks are OFAC Compliant. Demirors warns the public about the...
ADA Retraces Below $0.4151, A Thinning Market is Apparent
ADA price retraces by 1.54%. A strong downturn can be seen in the Cardano (ADA) price analysis. Support for ADA is at $0.4139. Cardano (ADA) price analysis indicates that over...
Coinalyze, Coinglass: ETH Perp Open Interest on FTX Hits 1.35M ETH
Coinalyze and Coinglass show ETH Open Interest on FTX is about 1.35 million ETH. It has surpassed Binance in being number one. FTX ETH OI is accounting for 32% of...
PayPal Blunders on Policy: Reverses the Fine on Misinformation
PayPal says its new policy was released in error. The policy states that the platform was going to fine users $2500 for spreading misinformation. PayPal has been a subject of...
Huobi Token Soars Over 5.73% Following Successful Bullish Trend
Analysis of the Huobi Token price shows a consistent upward trend. The token has increased by 5.73% over the past 24 hours. All technical indicators are favorable and point north....
