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.
XRP Analysis: Will XRP Make or Break its Current Support?
XRP had a 23% price increase over the past few days. The token trades above 200MA, and the RSI value is 45.44. XRP’s bearish prediction is $0.4282. Unlike the market...
India Crypto Tax and Regulatory Concerns Might Knock Out Its Ranking
Regulatory ambiguity and new tax rules could disrupt India’s current crypto ranking. The country will determine its regulatory stance next year. India is currently the fourth country when it comes...
ATOM’s Price Has Risen From $5.55 and Is Aiming for $16+
Analyst Michaël van de Poppe shared his technical analysis for ATOM yesterday. ATOM has strengthened against BTC and ETH over the last 24 hours. The price of ATOM is currently...
Quant Leads Gains of 6.25% Amid Broad Market Sell-off
A massive sell-off sets in across the cryptocurrency market. Quant has recorded weekly gains of about 20.61%. The community wonders if the uptrend will continue. The crypto market is currently...
Crypto Twitter Trader Shares His Entries for an ADA Long Trade
The crypto Twitter member CryptoMichNL shared his ideal entries for an ADA long trade. The ultimate buy target for ADA is between $0.30 and $0.375. ADA’s price is currently down...
Is the Price Bottom in for BTC in This Crypto Bear Market?
The U.S. Fed announced an interest rate hike of 75 basis points this week. Investors and traders may need to brace for a long crypto bear market. The cost basis...
Canada’s Crypto Exchange Announces Its Acquisition of CoinSmart
Canada’s leading crypto exchange bought the crypto trading platform CoinSmart. The agreement would allow Coinsquare to purchase a definite amount of shares of Simply Digital. Both companies aim at the...
South Korean Regulators Seize $184 Million to Recoup Tax Debts
South Korean authorities seize cryptocurrencies worth $184 million as tax debts. The seizures were executed over a time span of 2 years. Almost a third of the total cryptocurrency was...
DARPA Partners With Crypto Firm Inca Digital for Digital Assessment
DARPA partners with Inca Digital to develop tools to assess threats to national security. The program manager of DARPA pledges to defend the state at any cost. The CEO of...
US IRS Looks For Crypto Tax Evaders Via M.Y Safra Bank
IRS received authorization to issue a John Doe summons to M.Y. Safra Bank. The summons asks the bank to submit information about possible evasion of crypto tax payments by taxpayers....
Total Crypto Market Cap Reclaims the 200-Week Moving Average
Michaël van de Poppe posted a tweet regarding the crypto market cap reclaiming the 200-week MA. The majority of the top 10 cryptos by market cap have seen 24-hour price...
Singapore’s Largest Bank Expands its Cryptocurrency Clientelle
The DBS Digital Exchange platform is being made more widely available by the bank. Qualified clients can trade Bitcoin, Bitcoin Cash, Ether, and XRP. The move comes amid growing regulatory...
ADA’s Total Value Locked For This Month Sits at $82.72 Million
The ADA Vasil hard fork is live, pushing ADA’s price up more than 5%. Data published by DeFiLlama shows that there have been two major contributors to ADA’s TVL. The...
Stellar Price Performance for XLM as Its Price Soars 15%
XLM’s price has soared 15 percent over the past 24 hours. The token has also strengthened against Bitcoin and Ethereum. Bullish flag forms on XLM’s daily chart with the 9...
LUNC Price Volatility Can Be Expected as Social Activity Rises
LUNC social activity soars as the community embraces the 1.2% tax burn. ”Burn”, “lunc” and “terra” are amongst the top 10 trending words on Twitter. The token’s price has dropped...
LIVE! Cardano’s Much-Awaited Vasil Hard Fork Is Deployed!
Cardano has successfully completed the Vasil Hard Fork. Earlier today, the team reported that the critical mass indications required were complete. The Cardano community eagerly awaits to see the effects...
Feds Sink Crypto Market, Vasil Countdown, and More Crypto Updates
The Federal Reserve’s hiked rates impact the crypto market cap, pushing it down to $859.2 billion. The Vasil Hard Fork countdown begins today with price boost expectations from Cardano (ADA)....
Crypto Market Cap Drops Pending the Outcome of US Fed Meeting
Crypto prices drop as the US Fed set to announce interest rate hike decision. Bitcoin (BTC) has broken below the $19k support level. Meme tokens also see their prices drop...
Russia Agrees to Legalize Bitcoin Mining in Energy-Rich Areas
Russia state departments want to legalize crypto mining. Crypto experts have created an efficiency standard for crypto mining in Russia. Russia is drafting a bill to regulate crypto payments. Recent...
Crypto Analyst Believes a Relief Rally is in the Cards For ETH
ETH’s drop in price correlated with the RSI drop toward the green 37.67 level. If ETH can hold the current orange support area, the RSI might be able to form...
Crypto Winter Pushes Digital World into Complete Lockdown, Tweets Nuerer
Ran Nuener tweeted about the present crypto winter that began in November 2021. The market bear broke and froze major crypto exchanges and platforms leading them even to quit. Extra...
EthereumPoW (ETHW) Falls by 78.56% since Ethereum Merge
EthereumPoW(ETHW) decreased by 11.38% during 24 hours. The critical support was found at $5.7515. According to CoinMarketCap, the price of ETHW hovers around $5.9. As of writing this article, the...
Nasdaq Exchange To Offer Institutional Crypto Custody Solutions
The Nasdaq stock exchange platform is looking to launch a crypto custody service for institutions. Regulatory approval is currently pending for the exchange’s institutional offering. The main objective behind the...
Over 12 Firms Interested in Security Token Offering: Hong Kong Gov’t
Several Hong Kong agencies have pledged support for the fintech and the virtual assets industry. The Hong Kong government revealed that more than a dozen companies were interested in security...
New CFTC Commissioner Visits Ripple Labs; Community Applauds Move
The New CFTC Commissioner Caroline D. Pham visits Ripple Labs. XRP supporters are thrilled at this news and shared their excitement on Twitter. The community also takes a dig at...
