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.
CoinShares Acquires Valkyrie’s ETF Business in Landmark Move Following SEC’s Bitcoin ETF Approval
The deal boosts CoinShares’ assets, reflecting growth and innovation in the crypto sector. CoinShares’ acquisition post-SEC approval signals confidence in Bitcoin ETFs’ mainstream potential. This strategic move highlights a significant...
Do Kwon Seeks to Delay SEC Trial Amid Extradition Uncertainty
The Terra Luna founder might not be able to appear in the U.S. in March. Kwon’s legal team proposes that his absence should not be considered unduly prejudicial. The slow...
Breaking Above $50K Would See BTC Head Towards New ATH: Analyst
Crypto Banter YouTube channel host Sheldon The Sniper thinks the Bitcoin price has reached a significant level. Sheldon believes that by climbing to $49,048, according to TradingView data, Bitcoin entered...
Bitcoin Sees +55% Surge, 36,000 BTC Set for Options Expiry
In a recent tweet, crypto trader Mags shared the recent surge in Bitcoin’s price. The trader shared the breakout of BTC from a smaller broadening wedge, sharing that the coin...
Top 8 AI and Big Data Tokens under $1: Budget-Friendly Gems with Big Potential
Artificial Intelligence (AI) and the Big Data industry have become household narratives in the crypto market, and in 2024, it does not seem like that will stop. Due to this,...
Circle Internet Financial Sets Course for US IPO in Crypto Sector
Circle Internet Financial, custodians of the USDC stablecoin, has initiated a confidential filing for an IPO in the United States. This strategic move marks a significant transition for the company,...
Memecoin Rally: PEPE, SHIB, and BONK Rally Post Bitcoin ETF Approval
Pepe (PEPE), Shiba Inu (SHIB), and Bonk (BONK) have shown remarkable growth in the cryptocurrency market following the U.S. Securities and Exchange Commission’s (SEC) recent approval of Bitcoin ETFs. This...
Crypto Rover Analyzes Potential Impact of 11 New Bitcoin ETFs Going Live
Crypto Rover says approval of ETFs opens the door to a broader institutional capital pool. Recently approved Bitcoin spot ETFs are set to go live today, creating optimism in the...
ARB Top Airdrop Receivers Continue to Hodl: Tokens’ Value Jump by $7M
Top beneficiaries of the Arbitrum DAO airdrop continue to hodl the majority of the tokens they received over eight months ago, on-chain data analytics platform SpotOnChain reported. In a post...
Bitwise and VanEck Announce Donations From Bitcoin ETF Profits
Bitwise and VanEck, prominent ETF providers, have announced their commitment to contributing a portion of their Bitcoin ETF profits. The tweet comes as the U.S. Securities and Exchange Commission (SEC)...
Can Cardano (ADA) and Avalanche (AVAX) Climb Out of the Red Zone?
Cardano’s current market performance is drawing attention due to its price fluctuations reminiscent of the 2018–2020 period. Currently trading at $0.4977, a 3.24% decline from the intra-day high, Cardano’s price...
Robert Kiyosaki Forecasts Bitcoin Surge to $150K, Emphasizes 2024 Halving
Robert Kiyosaki, the acclaimed author of ‘Rich Dad, Poor Dad,’ has raised his Bitcoin forecast from $120,000 to $150,000. His expectation of a Bitcoin Exchange-Traded Fund (ETF) introduction fuels this...
Why SHIB, BIGTIME, MKR, RNDR Could Be Ready to Move
A wave of new Tether (USDT) injections into the market has caused fresh whale wallets to scoop up tokens on their radar. According to Lookonchain, an address bought large amounts...
XRP Price Flounders as 36.96M Tokens Transferred off of MEXC
According to the Whale Alert X handle, a whale moved Ripple (XRP) worth $20.98 million from the MEXC exchange to another wallet on December 10. This transfer happened as XRP...
Shiba Inu Team Incinerates $476K: Torches 43 Billion SHIB in 5 Weeks
In a recent development, the team behind the popular meme coin Shiba Inu announced they have burned over 200 ETH worth of tokens in just about a month. The incinerated...
Wintermute’s OTC Trading Surges 400%, Defying Overall Crypto Volume Slump
Crypto market maker Wintermute has reported a 13% decline in overall volumes on exchanges in 2023; however, its over-the-counter (OTC) volumes have surged by 400%. Despite the general market downturn,...
Beware of Two Xais: New Project Soars 2700% as Binance Lists Token XAI
Binance announced the listing of Xai (XAI) recently. The listing that happened on January 9, 2024, caused a price surge for XAI. However, amidst the excitement, investors need to exercise...
MAS Strikes Again: imToken Wallet Joins Binance on Warning List
The Monetary Authority of Singapore (MAS), the central bank in the country, has added the popular crypto wallet imToken to its warning list, cautioning crypto enthusiasts about engaging with the...
CFTC Sounds Alarm on DeFi: Lack of Accountability Poses Serious Risks
The US Commodity Futures Trading Commission (CFTC) has issued a stark warning about Decentralized Finance (DeFi), highlighting the urgent need for clear lines of responsibility and accountability. In a report...
Bitcoin ETF: Fears of a Crash Heightens as Market Awaits SEC Decision
Analyst Scott Melker said there is presently a risk of a Bitcoin pump-and-dump. A spot Bitcoin-ETF rejection by the SEC could cause a flash crash in the digital asset’s price....
Arthur Hayes Voices Confidence in Solana Amid Market Volatility
The cryptocurrency market is experiencing a significant increase, with significant attention on Solana (SOL). Recently, Solana has distinguished itself among the top 10 coins by market capitalization. Arthur Hayes, co-founder...
NFT Craze Explodes: Collectible Tokens Like ICP, STX, IMX, RNDR, THETA Soar!
Cryptocurrencies with links to NFT projects are having a field day in the market, according to CoinMarketCap data. But out of all the tokens, Internet Computer (ICP), Stacks (STX), Immutable...
Is SOL Heading For $163? Analysts Identify Key Resistance Levels
Cryptocurrency analysts are closely watching Solana’s (SOL) price movement as emerging patterns suggest a potential rise to $163. Veteran traders Ali and Rekt Capital have identified key resistance levels that,...
Crypto Figures Slam SEC Chair Gensler’s Statements, Call for Accountability
Recent tweets from prominent figures within the crypto community have responded strongly to Gary Gensler’s crypto statements, accusing him of spreading fear, uncertainty, and doubt (FUD) about the crypto industry....
Bitcoin ETF Fee War Erupts as Valkyrie, ARK, 21Shares File Amendments
Leading Bitcoin ETF-seeking firms submit amended S-1 applications. The Bitcoin ETF contenders engage in a fee war, with ARK Invest and 21Shares waiving fees. They include Valkyrie, WisdomTree, BlackRock, VanEck,...
