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.
Sui and Sei Surge in TVL, Solana Sees Spike in Daily Transactions
The Layer 1 blockchain landscape has seen a downtrend in January with declines in daily transactions, active addresses, and fees. Sui and Sei saw hikes…
Court Has Greenlit Genesis to Sell $1.6B in Grayscale’s BTC, ETH Funds
Bankruptcy judge approved Genesis to sell $1.6 billion worth of shares in Grayscale trusts. Genesis told the court that it needed to sell these shares…
XRP Price Dips Below $0.53 as Massive Whale Offloads 28 Million Tokens
Massive XRP whale offloads 27.95 million coins, triggering a substantial drop below $0.53. XRP Whale predicts a surge, defying bearish sentiment Derivative data signals negativity…
BTC Spikes Despite US Reports Higher Than Expected Inflation in January
US inflation data was reported at a higher than expected rate of 3.1%. Despite a higher-than-expected inflation rate, BTC’s price recorded a 4.89% surge in…
BITmarkets Breaks Rivals by Announcing 0% Fees for All Crypto Spot Trading
Zero fees now apply to all crypto spot trading on the BITmarkets exchange. BITmarkets stated the move aligns with its dedication to improving the trading…
SEC Won’t Approve Spot ETFs Other Than BTC, ETH: Cathie Wood
Cathie Wood said that it would be surprising for the SEC to approve spot ETFs other than BTC and ETH. Wood’s ARK Invest is one…
MATIC Price Prediction as Polygon Offloads 9 Million Tokens
MATIC fell from $0.88 to $0.85 following a $7.75 million sell-off. The ability to defend the $0.85 support might send the token toward $0.95. If…
XRP Army Questions Impact of Ripple’s Acquisition Amid XRP Lingering Price Woes
Ripple is set to acquire Standard Custody & Trust Company. Ripple CEO says this acquisition enables Ripple to enhance product offerings. An XRP enthusiast expressed…
Is ERC404 on Notice? New Standard DN404 Promises Improved Efficiency
Anonymous developers have launched a new blockchain token standard, DN404. The new standard will reportedly solve the complications of the newly popular ERC404 standard. According…
FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers
FTX and Alameda wallets transferred approximately $1.36 million worth of Ethereum to Wintermute. An Alameda wallet transferred $26.8 million worth of Ethereum to another Alameda…
