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.
Inside Solana’s Battle Against the Crypto ‘Sandwich Attack’ Menace
Helius CEO, Mert Montaz, recently addressed concerns on X (formerly Twitter) regarding the Solana Foundation Delegation program, following the disqualification of some validators for malpractice. Montaz explained how a malicious...
XRP to the Moon? Crypto Analyst Bullish on XRP Price with $7.5 Target
XRP’s price could be headed for a significant upswing based on two key technical indicators and current market trends. As per the analysis shared by Egrag Crypto, the Atlas Line...
Iggy Azalea’s MOTHER Token Gets Real-World Use: Buy Phones with Crypto?
Less than a month after its debut, Iggy Azalea’s meme coin Mother Iggy Token (MOTHER) is poised for expanded utility in the telecom space. In a recent social media post,...
Euro Power Play: Ripple and Clear Junction Team up for Faster Cross-Border Payments
Ripple is forging deeper ties within the European financial sector through a strategic partnership with Clear Junction, a leading provider of international payment solutions for regulated institutions. The collaboration aims...
Beat the Bear Market: Altcoin Buzz Unveils Top 5 Undervalued Gems
The crypto market suffered a sharp decline over the weekend and is still in recovery mode. In response to this recent downturn, prominent analysts have suggested discounted altcoins that investors...
Saudi Arabia Joins China-Led CBDC Initiative to Revamp Oil Trade
In a major development, Saudi Arabia has joined mBridge, a central bank digital currency (CBDC) initiative focused on international trade. The Saudi Arabian central bank, SAMA, aims to build a...
South Korea Gets Strict with NFTs: New Guidelines Released
South Korea’s financial regulators have issued new guidelines under the “Virtual Asset User Protection Act” to clarify which NFTs fall under virtual asset regulations. The Act, which takes effect on...
Cardano’s Blockchain Technology Attracts Global Interest
Cardano advocate, Dan Gambardello, believes the recent developments in the Cardano ecosystem could ignite a significant price surge for its native token, ADA. Gambardello points to the upcoming Chang hard...
Crypto Analyst Decodes China’s Influence on Altcoins and Bitcoin
Cryptocurrency analyst and Crypto Banter host Dylan recently highlighted a list of altcoins with potential upsides. In a video, he focused on tokens including Injective, Runes, Cosmos, Floki, and Bitcoin....
Starknet Wants to Be the Layer 2 for Both Bitcoin and Ethereum
Starknet, a layer-2 scaling solution, has reaffirmed its commitment to scaling both Ethereum and Bitcoin using Zero-Knowledge (ZK) technology. The company emphasized its ongoing focus on scaling Ethereum since releasing...
Crypto Whales Are Buying Up Bitcoin Like It’s 2020 Again
According to a CryptoQuant weekly report, large investors, known as “whales,” are accumulating Bitcoin at a pace similar to that seen before the 2020 bull run. The firm’s data reveals...
Tron Dominates Layer 1 Blockchains in Daily Active Users
IntoTheBlock analysis shows Tron leading Layer 1 blockchains with over 2 million daily active addresses. This metric underscores the vibrancy of Tron’s community, marking a significant milestone for the blockchain...
Magnetic X’s Farming Protocol Drives Liquidity to XRP Ledger
Magnetic X, a protocol facilitating applications on the XRP Ledger (XRPL), has reported significant growth in its DeFi ecosystem. Over 37 days, 703 users (“farmers”) have collectively earned over 50,000...
Did China Backtrack on Crypto Ban? Bybit Now Accepting Chinese Users
Bybit, a leading centralized cryptocurrency exchange, has unexpectedly opened registration and authentication for users in mainland China. Prominent Chinese blockchain reporter Colin Wu shared a screenshot on X showing that...
Notcoin ($NOT) Analysis: Bullish Pennant Pattern vs. Bearish Indicators
Notcoin (NOT) recently experienced a dramatic rally, surging over 300% in just two weeks before retracing. Despite this pullback, NOT still maintains an 82% gain over the past week, thanks...
Ripple President: XRP ETF Makes “A Lot of Sense”
Ripple President Monica Long has voiced support for the potential launch of an XRP Exchange-Traded Fund (ETF), echoing similar sentiments from Ripple CEO, Brad Garlinghouse. Long drew parallels between Bitcoin...
Cardano’s Growing Adoption Could Fuel Next Bull Run, Analyst Says
Renowned crypto analyst Dan Gambardello believes Cardano’s ADA is gearing up for a parabolic bull run following recent developments in the project’s ecosystem. In an X post, Gambardello highlighted the...
Robinhood Acquires Bitstamp for $200 Million Despite SEC Lawsuit Threat
Robinhood Markets has agreed to purchase Bitstamp, a leading cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to date and is part of its strategy...
Worldcoin (WLD) Price Rallies 3% Despite Worldcoin’s Pause of Spanish Operations
Worldcoin (WLD) has seen a price surge in the last 24 hours despite regulatory concerns in Spain and ongoing European investigations. Opening at $4.75, the price climbed steadily, reaching a...
USDe Hits $3 Billion Market Supply Just Four Months After Launching
USDe hits $3 billion supply mark in four months, sets record. The ‘synthetic dollar’ accumulated $1 billion since April 5. The USDe is on track to challenge DAI as the...
China, UAE Vow to Crack Down on Crypto-Enabled Crime in Joint Statement
China and UAE pledged to fortify the battle against crypto-related cybercrime. In a joint statement, they highlighted telecom fraud and online gambling as areas of mutual concern. In addition to...
Get 2x the Ether: Leveraged Ethereum ETF Arrives in June
The United States is poised to see its first leveraged Ether (ETH) Exchange-Traded Fund (ETF) launch on June 4th. This development will allow investors to gain indirect exposure to the...
Did a Crypto Whale Just Hint at XRP’s Next Bull Run?
Large transactions involving millions of XRP tokens yesterday, May 28th, 2024, have ignited speculation within the cryptocurrency community. Whale Alert, a service that tracks major cryptocurrency movements, reported two separate...
Judge Blasts SEC for ‘Gross Abuse of Power’ in Debt Box Case
In a glaring disapproval of the Securities and Exchange Commission (SEC)’s actions, US District Court Judge Robert J. Shelby has ordered the agency to pay $1.75 million in the Debt...
MtGox Repayment Plan Finally Activated, New Notice Confirms Amid $9B BTC Movement
In a recent announcement, the Rehabilitation Trustee of the defunct MtGox crypto exchange outlined preparations to repay users as part of the approved Rehabilitation Plan. According to the notification, claimants...
