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.
Recent Data Paints A Gloomy Picture Of Shiba Inu’s Future
The SHIB price has been struggling since May of 2022.SHIB is currently trading at $0.00001034 after a 0.83% increase in price.The meme coin’s social dominance…
Need To Keep Pressure Around Burning $LUNC: Crypto Analyst
Twitter account TravladdCrypto asked his followers to burn $LUNC to support the community.$LUNC is struggling at $0.0003.Binance CEO said the crypto exchange would support LUNC…
LUNC At Risk Of More Price Drops Despite Being Down 11% Already
So far, the price of LUNC has dropped by about 11%.LUNC is at risk of even further price decreases.If LUNC flips $0.000278 it will invalidate…
Crypto Market Cap Rises 0.8% As Marginal Gains Enter the Market
Crypto market cap is up 0.80% after marginal 24-hour gains in the crypto market.XRP, Terra, and Stellar dropped in price during the same time period.Growing…
Japan Revises Six Laws To Combat Cryptocurrency Money Laundering
Japan revises six laws related to the Foreign Exchange Act.The bill proposes an increase in penalties for crimes related to money launderingCrypto exchanges will now…
Ethereum Holds Over 1.7M ETH Supply; Highest in Last 6 Months
Glassnode reported that ETH hit a 6-month high of $17M in the amount of supply.This was the amount last active on 1m-3m metrics (1d MA).Meanwhile,…
Investors Should Look At Cardano And Quant For Long Trades
ADA has hit a crucial level where everything started in 2021.Van de Poppe believes LINK is showing signs of strength.QNT saw a decent 6% increase…
ETH’s Price Continues to Tumble as Sharks and Whales Dump ETH
Sharks and whales have dumped 3.3 million ETH over the last 5 weeks.The ratio of ETH/BTC has dropped 12.7% during this time period.ETH’s price is…
FED Likely to Deliver 75 Basis Point Rate Hike in November
The 75 basis point hike in November could hurt the crypto industry.The hike can create a negative impact for risk assets like cryptocurrencies and stocks.Investors…
Historical Data Suggests A Possible Price Spike For MANA
Decentraland’s market cap fell dramatically during 2022.Historical data indicates that when MANA’s transaction ratio is as low as it is now, it could be followed…
