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.
Binance Labs Denies Participating in SkyArk Chronicle’s Funding Program
Binance Labs Fund, an accelerator program in the blockchain industry, has denied participating in a recent funding exercise by SkyArk Chronicles, one of the projects it incubated in 2021. In...
Samson Mow’s Macro Indicators to Watch Ahead of BTC’s Next Rally
Prominent Bitcoin supporter Samson Mow has outlined several macro metrics to watch while predicting Bitcoin’s behavior. Mow identified ETF inflows, Hashrate, Bitfinex whale accumulation, and the 200 WMA trend as...
Hong Kong Stablecoin Sandbox Heats up With a Major Chinese Player on Board
Hong Kong’s push to establish regulations for stablecoins has garnered attention from prominent financial entities, including the international division of China’s Harvest Fund Management. This development was captured in a...
LUNC Community Burns 1,117,048,514 Tokens; Will LUNC Hit $0.01 Next?
The Terra Classic burns over a billion LUNC tokens within seven days. Also, over 5.66 billion LUNC were burned in one day, specifically on January 1. LUNC Army is increasingly...
Bitcoin Maxi Predicts BTC to Hit $50K as Selling Pressure Eases
Renowned Bitcoin maximalist Max Keiser has stoked optimism amongst crypto community members following a prediction that Bitcoin’s price is set to hit $50,000 as market sentiment switches. In the tweet...
Breaking: Inverse Cramer Tracker ETF Is Shutting Down with a Loss of 15%
The Inverse Cramer Tracker ETF (SJIM), an ETF introduced by Tuttle Capital Management to track the recommendations of the Television personality Jim Cramer, is reportedly shutting down. The ETF, which...
UK Supreme Court Denies Craig Wright’s Appeal in Libel Case Over Satoshi Claim
The U.K. Supreme Court has denied Craig Wright permission to appeal a ruling in his libel case against Peter McCormack. As highlighted by Crypto Town Hall, a prominent blockchain figure,...
Disgraced Crypto Founder Calls Time in Prison an “Enjoyable Experience”
Zhu disclosed that he has shifted attention from Three Arrows to a new project. Three Arrows Capital founder Su Zhu described his time in prison as an “enjoyable experience.” The...
Wall Street Memes Plummets 35% as Hacker Sells Over 368M Tokens
Blockchain analytics platform Spot On Chain has linked the recent drop in Wall Street Memes’ (WSM) price to the activities of the hacker who made away with a significant amount...
Bitcoin Expert Hails Crypto’s Sustainability Over the Bond Market and Fiat System
Award-winning journalist Natalie Brunell has deemphasized the notion that Bitcoin would face a potential collapse by 2026. Brunell expressed her opinion in a recent interview on FOX Business, stressing that...
88% of Top Media Houses Now Block AI Bots Amid Content Use Concerns
Several media companies in the United States now block web crawlers used by artificial intelligence (AI) companies as the battle over copyright infringement and uncompensated content use prolongs. According to...
South Korean Telecom Giant Ceases NFT Operations
The decision to close MINCL is due to changing business circumstances. Users holding KT Wiz Rookie Pack NFTs were advised to transfer them to external wallets. KT Corporation, a South...
MANTA Token Surged 16,000% to $220 Only to Tank 99% to $1 Minutes Later
Kaiko attributed the unexpected turnout to concentrated sell-offs. MANTA hit $220 upon listing on Bithumb but crashed to $1 in a few minutes. Last week, the Manta Network team orchestrated...
NVIDIA, US NSF Team Up to Advance AI Development in the Country
American multinational technology company NVIDIA has partnered with the U.S. National Science Foundation (NSF) to launch the National AI Research Resource (NAIRR) pilot program. “The initiative aims to broaden access...
China’s Central Bank Set to Cut Bank’s RRR Next Month to Boost Economy
The People’s Bank of China announced on Wednesday plans to cut the reserve requirement ratio (RRR) for banks to release more money and boost the economy, a Bloomberg report details,...
Prosecutors Request Detention of ACE Exchange President Amid Fraud Probe
Taiwanese prosecutors have taken a significant step in the ongoing investigation into alleged fraud and money laundering at ACE Exchange. They have requested the Taipei District Court detain Chenhuan Wang,...
Radiant Capital Commences Repayment Post $4.5M Exploit
Radiant Capital has initiated repaying its debts following the $4.5 million flash loan exploit earlier this month. According to their latest announcement on January 23, the protocol has successfully repaid...
Top Congress Figure Remains Pessimistic About Meta’s Re-Entry Into Crypto
In a recent letter addressed to the technology conglomerate Meta’s CEO Mark Zuckerberg and COO Javier Olivan, Congresswoman Maxine Waters questioned the company’s intention regarding its potential re-entry into the...
BitMEX Co-Founder Spots Bitcoin’s Support Between $30K and $35K
BitMEX co-founder Arthur Hayes recently shared insights on the potential impacts of the oscillating decisions of Treasury Secretary Janet Yellen and Fed Chair Jerome Powell on the crypto space. In...
Red Alert for Mac Crypto Users: Security Firm Sounds Alarm
In a recent discovery, cybersecurity researchers at Kaspersky have identified a new strain of macOS malware specifically designed to target crypto stored in digital wallets on Apple devices. According to...
Crypto Analyst Predicts Bullish Surge for ADA, But There Is a Catch
Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has predicted that Cardano (ADA) could possibly hit a bullish surge to new highs once the selling...
TUSD Depegged Following Removal From Binance Launchpools
According to Kaiko Research, a leading crypto market data and analytics platform, a recent decision by Binance is significantly impacting the value of TrueUSD (TUSD). Kaiko noted that the TUSD...
ONDO Project Team Faces Heat for Tanking Token After Suspected Dump
In a recent tweet on X (formerly Twitter), an X crypto enthusiast flagged a series of suspected ONDO sales by the project’s team as the reason behind the token’s sudden...
Ethereum Could Rally Tenfold Following Historical Trends Signals: Analyst
YouTube channel Discover Crypto’s host has spotted signals that could lead to a 10-time rally on Ethereum in the next year. In a recently uploaded video, the host used Ethereum’s...
Breaking Down Bitcoin’s $39K Decline: A Closer Look at the Main Driver
The market has been bearish for weeks, but the trend reached a new peak, with Bitcoin plummeting below $39,500 in the last 24 hours. This trend contradicts the crypto market’s...
