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.
Nearly 15% of Total Crypto Assets Withdrawn by Investors in November
Crypto industry shows crisis after crisis this year, followed by the recent FTX crash. Investors have been left reeling after FTX collapsed recently. In November,…
Crypto Addresses Depositing Stablecoins Soars to Record Levels
Stablecoin deposits reach All-Times-Highs despite CPI volatility. FED chairman Jerome Powell mentions another interest rate hike of 50 bps. LTH SOPR rose, allowing long-term BTC…
FTX Collapse Effect; One Time Crypto Fans Now Leaving the Industry
One time fans leave the industry post FTX, Voyager Digital , Celsius and Terra’s fall. CryptoCompare revealed that crypto investors have withdrawn almost $20 billion…
Binance Coin (BNB) Up While DOGE, BTC, and ETH Experience Losses
The crypto market cap has fallen further over the last 24 hours. BTC, ETH, and DOGE are all down at press time. Binance Coin (BNB)…
Solana Has Lost 97% Of Developers Since January 2022, 75 Left
Solana has reported losing 97% of its total developer count since January 2022. The blockchain peaked with 2,453 developers are now left with only 75.…
JP Morgan Buys a 48.5% Stake in Viva Wallet for Over $800 M
JP Morgan sealed a deal to buy about 48.5% stake in Viva Wallet for more than $800 million. The stake would be acquired from Viva…
Ray Youssef Acknowledges African Crypto Growth as a Revolution
Olumide Adesina tweeted about the high records of crypto trade in Africa. Ray Youssef responded that the lead of Africa in the crypto trade can…
Bitvavo’s $296.30 Million Locked at DCG: DCG Faces Liquidity Issues
DCG owes 280 million euros to Bitvavo due to the former’s liquidity crises. The company assured reimbursement once the issue is resolved. Bitvavo assured its…
Guggenheim Partners CIO Expects Further Crypto Market Meltdown
Scott Minerd expects the crypto market to drop further. According to Minerd, solid regulations will decide the future of crypto. He also stated that some…
SDF Partners with IRC To Relieve the Ukrainians via a Novel Pilot
SDF partnered with IRC to form a new pilot of a blockchain-powered aid disbursement system in Ukraine. The system permits the users to receive, store…
