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.
Crypto To Play a Major Role in 2024 U.S. Elections: Analyst
According to Eleanor Terrett of FOX Business, crypto is using the upcoming U.S. elections to make its voice heard. Terrett stated this during an interview with Tony Edward of Thinking...
Trump Hints at Crypto Support Amidst Presidential Prospects
In a recent CNBC interview, Donald Trump, the former U.S. president, hinted at his support for digital currencies. Trump expressed a surprising openness towards Bitcoin (BTC) and other cryptocurrencies, which...
Grayscale Solana Trust in the Spotlight as Share Price Surges to $540
Grayscale Solana Trust (GSOL) experienced a remarkable market surge, with its share price soaring to $540, far outpacing the Net Asset Value (NAV) per share of $55.48. Despite a slight...
Bitcoin Could Reach $170K, According to Crypto Analyst
Kyle du Plessis, a renowned cryptocurrency analyst, stated that Bitcoin is entering a significant phase of a parabolic move. In a recently uploaded video, Plessis identified the surging nature of...
Top Layer 2 Tokens Set to Displace the Gaming Token Dominance
In the coming days, Layer 2 tokens might be in the spotlight after cryptocurrencies with gaming fundamentals took the shine during the weekend. According to CoinMarketCap, gaming tokens like Gala...
Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH
The crypto surveillance platform Lookonchain has revealed alarming developments regarding the infamous Bitrue Drainer-labeled address. According to the disclosure, the same hacker responsible for a staggering $23.5 million heist on...
Top Chinese Lawmaker Pushes for Clear Rules on Smart Contracts
During the Chinese National Two Sessions, Dong Jin, a key National People’s Congress representative, highlighted the urgency of accelerating legislation for emerging technologies like blockchain. Speaking with journalists, Jin stressed...
US Fed’s BTFP Closure Poses Potential Banking Crisis: Report
Amidst anticipations of the US Federal Reserve’s Bank Term Funding Program (BTFP), the community speculates a potential banking turmoil. While Monday marks the conclusion of the Fed’s BTFP, researchers anticipate...
Pundit Says Ripple Selling XRP and Repurchasing It Is Not Manipulation
The debate around Ripple’s XRP sales and its impact on XRP’s market value has remained a heated topic in the crypto community. Allegations of deliberate price manipulation by Ripple reached...
Jito Tip Revenue on Solana Reaches New High of 9.32K SOL: Report
According to a recent post shared by Colin Wu, a Chinese crypto journalist, the Jito tip revenue on Solana reached 9.32k SOL on March 6. The revenue amount valued at...
SHIB Marketer Supports Founder, Asks Community to Burn Tokens, Develop Tools
SHIB marketer supports the founder in the ongoing SHIB burn debate. Shiba Inu has burnt no tokens since January, after burning for only three months. SHIB community members are asking...
Shiba Inu Addresses Surge 20x: Is This the Start of a Bullish Trend?
March kicked off with a bang for Shiba Inu (SHIB) as the meme coin attracted over 8.4k new addresses daily, reaching a peak of 21k new daily addresses. As highlighted...
“Dog Money is Taking Over”: Arthur Hayes Endorses SHIB Names
BitMEX co-founder Arthur Hayes’ endorsement highlights growing recognition of “dog money” influence. SHIB Names launch signifies Shiba Inu’s evolution in the crypto space, offering users unique identifiers. SHIB’s current price...
STANDUP Launches Token on ProBit Global, Pioneering Web3 Innovation
The innovative Web3 platform STANDUP has launched its token on ProBit Global, a prominent crypto exchange listing over 800 tokens. The team communicated this development in a recent press statement....
Ethereum Hits $3,800: Dencun Upgrade and ETF Hype Propel Surge
Michael Van Pope, a prominent crypto analyst, took to X speculating a new all-time-high for Ethereum. He stated two key factors driving the bull run could be the Dencun upgrade...
Solana’s DEXs Exhibit High Trading Activities; Surging Over 177%
According to DefiLlama data, Solana’s decentralized finance (DeFi) has been experiencing wider growth over the past week. Notably, the decentralized exchanges (DEXs) on Solana have exhibited remarkable surges in trading...
Analyst Sees Last Chance to Buy XRP at $0.60, Predicts Rally
With XRP at $0.6017, well-known crypto analyst Ben Armstrong argued that now could be the last chance to join the XRP train at this low price range. Armstrong voiced this...
Bitcoin Records Nearly $10K Daily Candle in Flash Dip, What Does It Mean?
Kyle du Plessis, a renowned crypto market analyst, has highlighted that Bitcoin fell by nearly $10,000 in one day during a flash to the downside. Plessis noted that the price...
Terra LUNA Skyrockets 38% Amid Do Kwon’s Legal Victory
With a recent 38% jump, Terra has captured the attention of the cryptocurrency community. Such increase has primarily been attributed to the latest legal development involving Do Kwon, the founder...
WIF Price Prediction: Will the Meme Coin Jump Another 10x as Binance Lists It?
A few minutes after Binance announced that it would launch dogwifhat (WIF) the price jumped by 20%. The move meant that WIF was able to surpass its all-time high as...
BRICS Countries Look to Blockchain on Their Road to Dedollarization
Yury Ushakov, an advisor to Russian president Vladimir Putin advisor, recently announced that the BRICS group has been preparing to build a blockchain-based payment system. Ushakov asserted that the group...
Solana Season? WIF, BONK Eyes Dogecoin, Shiba Inu’s Positions
Memecoins on the Solana blockchain including Bonk (BONK) and dogwifhat (WIF) have been registering eye-catching records daily as the prices continue to climb. As relatively new cryptocurrencies that came to...
Wall Street Analysts Predict Over 100% Rally For CAN Crypto-Related Stock
Wall Street analysts have predicted a significant rally for CAN, the cryptocurrency-related stock of Canaan, a China-based Bitcoin mining equipment manufacturer. The analysts have indicated a “Strong Buy” signal for...
Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM
Exchange-traded funds (ETFs) based on Bitcoin are rapidly moving up the commodity ETFs leaderboard, knocking out the largest silver trusts, with the largest gold trusts next in line. Recent statistics...
The UK Introduces New Rules to Restrict Illicit Use of Cryptocurrencies
In a crucial development in crypto regulation, the United Kingdom introduced Statutory Instrument documentation in a bid to freeze crypto assets involved in criminal activities. As per estimations, the amended...
