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.
VeChain Eyes All-Time High: Analysts Predict 1,921% Growth Potential
Foremost crypto analyst Ali Martinez has predicted a significant week for VET, the native token of the VeChain blockchain. According to Martinez, VET may rally to $0.054 this week before...
Sui and Sei Surge in TVL, Solana Sees Spike in Daily Transactions
One of the fastest-evolving Layer 1 blockchains, Sui, has exhibited a hike of 120% in TVL over the last month, surpassing leading platforms, including Ethereum, Solana, and Avalanche. Currently achieving...
Court Has Greenlit Genesis to Sell $1.6B in Grayscale’s BTC, ETH Funds
Genesis, a bankrupt digital asset lending firm, has been allowed to sell $1.6 billion worth of Grayscale’s Bitcoin and Ethereum shares, as it aims to undergo restructuring and repay the...
XRP Price Dips Below $0.53 as Massive Whale Offloads 28 Million Tokens
XRP, a cryptocurrency ranked among the top 6, is causing a stir in the crypto market. Today, a massive whale offloaded 27.95 million XRP to a Luxembourg City-based CEX, coinciding...
BTC Spikes Despite US Reports Higher Than Expected Inflation in January
US inflation data for January was announced at 13:30 UTC, just before the stock market opened. In January, inflation in the US occurred at an annual rate of 3.1%, while...
BITmarkets Breaks Rivals by Announcing 0% Fees for All Crypto Spot Trading
Centralized crypto trading platform BITmarkets has taken a rare step by eliminating all fees related to spot trading for cryptocurrency enthusiasts. BITmarkets announced this development in an official statement on...
SEC Won’t Approve Spot ETFs Other Than BTC, ETH: Cathie Wood
Founder and CEO of the asset management firm Ark Invest, Cathie Wood, stated that she doesn’t see the Securities and Exchange Commission (SEC) approving spot exchange-traded funds (ETFs) tied to...
MATIC Price Prediction as Polygon Offloads 9 Million Tokens
The price of Polygon (MATIC) slid after the Polygon Foundation sent 9 million tokens worth $7.75 million to Binance on February 13. According to Spot On Chain, the recent transaction...
XRP Army Questions Impact of Ripple’s Acquisition Amid XRP Lingering Price Woes
Ripple has announced agreeing to acquire Standard Custody & Trust Company, a regulated platform tailored for digital assets at the enterprise level. Per the disclosure, this move underscores Ripple’s dedication...
Is ERC404 on Notice? New Standard DN404 Promises Improved Efficiency
A team of anonymous developers has announced the launch of a new blockchain token standard, DN404. In a post on X (formerly Twitter), the team’s representative noted that the novel...
FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers
Blockchain security firm PeckShield issued alerts on Tuesday, February 13, regarding several transfers from wallets associated with the now-bankrupt cryptocurrency exchange FTX and its trading firm Alameda Research. The first...
2023 Q4 Marks Robinhood’s Second Profitable Quarter Since Its Launch
In an astounding revelation, financial giant Robinhood unearthed the remarkable 24% growth in the company’s net revenue in the fourth quarter of 2023. The report marked 2023 Q4 as the...
ADA Price Surge Imminent? Key Indicators Signal Bullish Trajectory
Cardano (ADA) is on the brink of a bullish phase reminiscent of the 2020 surge, according to an analysis by Crypto Capital Venture, an analytic platform, on their YouTube channel....
The SEC Should Be Process-Oriented, Not Arbitrary: Crypto Lawyer
Murphy said the SEC should be process-oriented. James Murphy thinks the SEC was wrong with its approach to crypto regulation. He thinks the upcoming election can impact the final decision...
Is Dogecoin on the Verge of a Breakout After the 250 Million DOGE Transfer?
The transfer of 250 million Dogecoin (DOGE), which approximates $20.67 million, from Robinhood to an unknown wallet has led to a frenzy in the crypto community. Whale Alerts, a crypto...
BTC Breaks Above $50K, On-Chain Data Suggests Massive Correction Looming
In the last 24 hours, Bitcoin (BTC) hit a significant milestone for the crypto market, reclaiming the $50,000 mark. This return to the $50K level marks the first instance of...
Founders Fund Buys $200M Worth of BTC and ETH Ahead of the Bull Run
Founders Fund’s recent crypto purchase signals renewed interest in cryptocurrency from Silicon Valley. The renowned VC invested $200 million to acquire the crypto tokens from late summer to early fall...
Shiba Inu: Node Provider Unveils Guide to Shibarium Token Integration for Apps and Exchanges
NOWNodes issues a guide on retrieving Shibarium token balances for apps. NOWNodes stated the easiest method is the API for interacting with Shibarium. The methods involve direct blockchain interaction and...
Digital Asset Industry Is Going in the Hands of ‘Vampires,’ Cardano Founder Says
The founder of Cardano, Charles Hoskinson, has stated that a few top companies control the majority of activity related to Bitcoin and stablecoins and reiterated his support for algorithmic stablecoins. ...
Bitcoin and Altcoin Investment Products Seen Huge Inflows: Report
More than $1 billion flowed into the digital asset investment products, recording a substantial gain last week. Digital asset investment products received more than $1.1 billion in inflows last week,...
XRP Network Now Close To Welcoming Smart Contracts as Needed 10,000 Votes Achieved
The XRP Army shows emphatic support for smart contract features on XRPL. Over 10,000 people recently voted for Hooks integration on XRPL. The Hooks team has moved to ask Ripple...
Can Shiba Inu Make Another Set of Millionaires Like Before?
Shiba Inu’s bearish trend may continue for much longer, considering the project’s prevailing realities. Macroeconomic factors and enormous token supply are behind Shiba Inu’s price struggles. Short-term traders are benefitting...
5 Important Projects That Received Praise from Vitalik Buterin!
Vitalik Buterin, the founder of Ethereum and arguably the most important personality in the cryptocurrency community, still researches and evaluates cryptocurrency and blockchain systems. Vitalik Buterin’s research and opinions are...
BTC Market Analysis: Bears Target $45,500 as Bitcoin Struggles to Maintain $48K Range
A notable analyst has pinpointed a critical juncture for shorting the Bitcoin market, signaling a potential downturn for the world’s leading cryptocurrency. Bitcoin has recently engineered praiseworthy trajectories, climbing to...
XRP Community Seeks to Push XRPL Development, Prices Stagnant
Certain members of the XRP community are not happy with the token’s performance. A Ripple supporter is working with a team to boost the adoption of the XRPLedger. An XRP...
