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.
Ripple v. SEC: Settlement Talks Heat Up as Remedies Deadline Nears
Cardano’s founder opposes the idea of a settlement between Ripple and SEC. Pundits argued Ripple might be compelled to burn $20 billion worth of XRP in its escrow. Speculation rises...
The Future of Finance? How AI Is Reshaping Cryptocurrency Protocols
In a recent exploration of the intersection between cryptocurrency and artificial intelligence (AI), Ethereum co-founder Vitalik Buterin delves into the complex relationship between these two technological frontiers. Through a comprehensive...
XRP Nears AMM Implementation as Validators Rally Behind Rippled 2.0.1
XRP community rallies behind introducing an automated market maker (AMM). This came amid the release of Rippled v2.0.1, bolstering validator confidence. Over 68% of XRPL validators have endorsed the AMM...
ReduceCryptoTax: Indian Web3 Community Hit Social Media With Demands
The community claims the taxes have limited growth within the sector in past years. Indian Web3 community takes to social media sites to demand changes to crypto taxes. Demands asked...
Market Dynamics Now Shifting to AI, RWA, Dumping Meme, DeFi, NFT
In a recent update, prominent market intelligence platform Santiment highlighted a significant shift in the crypto landscape towards artificial intelligence (AI) and real-world assets (RWA). Santiment noted that while trader...
Binance Survey: 73% of European Binance Users Bullish on Crypto’s Future
The cryptocurrency sphere is abuzz with a fresh wave of optimism in Europe, unveiled by a recent Binance survey. This study, canvassing France, Italy, Spain, and Sweden, shows a remarkable...
Bull Signal Emerges For BTC Months Before the Bitcoin Halving Event
Renowned crypto market analyst Benjamin Cowen has identified some unusual behavior in the Bitcoin price metrics. In a recently uploaded video, Cowen revealed that the Value Days Destroyed Multiple indicator...
Bitcoin Projected to Surge to $170,000 Post-Halving: Anthony Scaramucci
Hedge fund manager Scaramucci predicts Bitcoin could reach $170,000 post-halving. BlackRock’s CEO initially dismissed Bitcoin as a “stupid asset” that “sucks,” reveals Scaramucci. Scaramucci’s calculation multiplies Bitcoin’s price at the...
Cardano Poised for Major Breakthrough, but Scaling Remains a Challenge
ADA is currently trading around $0.52, which represents a critical point. Dan Gambardello noted that four years ago, Cardano lacked core functionalities like staking. Cardano and its native crypto, ADA,...
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,...
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