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.
Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours
The global crypto market cap dropped 4.02% over the last 24 hours according to CoinMarketCap. As a result, the global crypto market cap stands at $1.02 trillion. Arguably one of...
Analyst Urges People To Look At BTC Through A Macro Minded Lens
On January 31 of 2023, American investor and Hedge Fund Manager Michael Burry took to Twitter with a cryptic tweet merely stating “sell”. Many were confused about what exactly he...
Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor
The liquid staking platform Lido’s governance token has spiked after Coinbase CEO Brian Armstrong cultivated a rumor that the US Securities and Exchange Commission (SEC) might ban staking for retail...
Bankrupt Crypto ATM Operator Owes Genesis Over $100 Million
Coin Cloud, a crypto ATM operator, filed for chapter 11 bankruptcy on February 7. The filing was made with the Las Vegas bankruptcy court in the United States. Following substantial...
ETH Needs To Maintain These Demand Walls To Continue Moving Up
The largest altcoin by market cap, Ethereum (ETH), is starting the day in the red. Data from CoinMarketCap indicates that ETH is currently trading hands at $1,634.76 after a 2.37%...
Crypto Analyst Sets a Price Objective for Bitcoin in Case it Declines
Many experts are attempting to predict how Bitcoin will behave In the next months. Expert on cryptocurrencies and the founder of Into The Cryptoverse, Benjamin Cowen, has established a price...
Crypto Analyst Tweets About Rising Fees To Inscribe Ordinals
Twitter crypto analyst Data Always shared that the spending to inscribe Ordinals is on the rise. According to an image she shared detailing Bitcoin Fees Paid To Inscribe Ordinals from...
Market Anticipates Dip In February: Santiment On Trader Skepticism
Crypto analytics platform Santiment tweeted that after a positive crypto price action in the month of January, the market can anticipate a dip in February. The platform added that trader...
No Secret Technology for Permanent Higher Returns Discovered: Degen
Popular Crypto Fund Manager DegenSpartan tweeted “no new secret technology for permanently higher returns has been discovered here yet”. Furthermore, he explained that the only obvious cycle-to-cycle trend change was...
Polkadot ($DOT) Leads Development Activity Over Past 30 Days
Crypto tokens with moderate market capitalizations accounted for the majority of the projects in a list of the top ten projects ranked by development activity in the last 30 days....
CoinShares Report Reveals Investors’ Preference for Bitcoin
A CoinShares report reflects Bitcoin as the primary focus of investors in the cryptocurrency market. CoinShares is a prominent digital assets management company in Europe. According to the latest edition...
DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst
A DeFi analyst on Twitter argued that the trendy comparison between two of the most significant decentralized crypto exchanges (DEXs), dYdX and GMX, was out of place. The analyst brought...
Does Not Take Long for Market To Go Negative: Jim Cramer
Jim Cramer, the host of Mad Money on CNBC, has tweeted that the bull market would soon turn negative. Cramer tweeted that the market has decided that the “fed will...
BIS Official Predicts Crypto Recovery Amid Global CBDC Expansion
According to reports, the new head of the Bank of International Settlements (BIS) Innovation Board, Cecilia Skingsley, has predicted that the crypto industry will learn from recent failures and develop...
ADA Sees 105 Transactions of $100,000+; Market Rife with Activity
The crypto market cap is once again above $1 trillion, and the market now seems to be heating up. A crypto enthusiast took to Twitter earlier this morning to share...
VISA Executive Reveals Plans of Stablecoin Settlement
VISA Inc, one of the biggest payment processing firms in the world, has begun experimenting with stablecoin settlements on their network. The CEO of VISA’s crypto department, Cuy Sheffield, confirmed...
SHIB Close to Breaking into Top 10 After Outranking DOT, LTC
In an unprecedented move, one of the most popular meme tokens, Shiba Inu (SHIB), has outranked two significant cryptocurrencies to claim the twelfth position among coins with the largest market...
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...
ZachXBT’s Scam Investigation Leads To $260k FBI Seizure
Popular on-chain detective ZachXBT announced on Twitter recently that his efforts to track and investigate Chase Senecal, a well known online phishing scammer had led to his assets being seized...
ADA up 65% In 2023 as Sharks and Whales Continue Accumulation
Santiment, the blockchain intelligence firm, tweeted today regarding Cardano’s price performance in 2023 so far. According to the tweet, the price of Cardano (ADA) has risen 65% in 2023. The...
NFTfi hits all-time highs for volume, number of loans and borrowers
Despite the ongoing bear market, NFT lending platform NFTfi has hit all-time highs in January for volume (ETH), number of loans, and numbers of borrowers and lenders. General Partner of...
“Fight The SEC’s Overreach,” Tweets Crypto Attorney Deaton
John E. Deaton, the founder of CryptoLaw, argues that the mere fact that a cryptocurrency was offered or sold as an investment contract does not make it a security. John...
Core Scientific and NYDIG Agree To Settle $38.6 Million Debt
Crypto mining firm Core Scientific has reached an agreement with the New York Digital Investment Group (NYDIG) to settle an outstanding debt of $38.6 million in exchange for crypto mining...
Australian Government Changes Financial Structure To Regulate Crypto
Avoiding an “exhaustive, bespoke taxonomy” for cryptocurrencies, the Australian government has adopted a framework that separates cryptocurrency into public networks or smart contracts on the one hand, and intermediaries or...
Binance Collaborates with Kazakhstan’s largest Airline Air Astana
Binance, the biggest cryptocurrency trading exchange in the world, has declared a partnership with Kazakhstan’s largest airline, Air Astana. The partnership facilitates airline customers to exchange their accumulated flight reward...
