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.
A16Z Crypto Shares Anticipated Developments in the Crypto Industry in 2024
Prominent venture capital fund A16Z Crypto outlined several anticipated developments in the field of cryptocurrency for the year 2024. The first update is about the chain’s decentralization. Miles Jennings, the...
ORDI Token Plummets 15%—Is It the End for Bitcoin Ordinals?
In the last two days, the price of the BRC-20 token Ordinal (ORDI) has experienced significant fluctuations following a Bitcoin Core developer’s claims that Ordinals is an attack on Bitcoin....
Cryptocurrency Is Legalized in 119 Countries, According To Report
The world’s largest independent cryptocurrency data aggregator, CoinGecko, embarked on a massive research project to establish where cryptocurrency is legal versus illegal. CoinGecko’s findings suggested that cryptocurrency is currently legal...
Meta Unveils Updates Poised to Prevent Misuse of its AI Technology
In a notable development, American social media giant Meta Platforms announced updates to Meta AI, its artificial intelligence (AI) assistant, to close what it said has been a remarkable year...
Bitcoin Price Shocker: 130K Cycle Peak Confirmed? Experts Agree!
CryptoCon, the creator of the Halving Cycles Theory, has revealed that Bitcoin (BTC) might hit $130,000 by December 2025. CryptoCon, who also doubles as a technical analyst, noted that he...
EU Moves Closer To Regulating AI Tools Like ChatGPT and Bard
Delegates from the European Commission, the European Parliament, and 27 member countries are close to an agreement over a wide-reaching regulation of artificial intelligence in the Western world. Following an...
LTC Sees Record 199K Wallet Drop; Will Bull Rally Recover?
Litecoin (LTC) has experienced a substantial decrease in its wallet holders. Recent data reveals that about 199,000 Litecoin wallets that were active ten days ago now stand empty. This marks...
XRP Chart Analysis Shows Consistent Market Share Since 2014
In the intricate tapestry of the crypto market, XRP stands out for its stability over time, as evidenced by an analysis by Mr. Huber on the X platform. His chart...
Crypto Fundraising in November Hits $1.67B, Top 10 Projects Accumulate $634.6M
The latest Crypto Fundraising report by CryptoRank shows a remarkable rebound in November, surpassing more than $1.67 billion in investments, marking a 387% increase from October. The month witnessed 111...
Artificial Intelligence (AI) Market To Reach Over $241B in 2023: Statista
Data from Statista, the online platform specializing in data gathering and visualization, shows that the market size in the artificial intelligence market will reach $241.80 billion in 2023. The platform...
FDUSD Hits $1B Market Cap as Binance Ceases Support for BUSD
On Monday, Vincent Chok, Founder and CEO of First Digital, expressed gratitude for the tremendous growth of First Digital USD’s (FDUSD) market capitalization, which now stands at $1 billion. This...
BONK Coin Soars Replicating DOGE and SHIB’s Early Rallies
Bonk (BONK) added to its impressive momentum over the past 24 hours. Data from the cryptocurrency market tracking website CoinMarketCap indicated that the meme coin recorded a daily gain greater...
Exploring the Untapped Potential of BLD Token: A Detailed Analysis
In the crypto economy, it is not unusual to find so-called gems irrespective of whether the market is in a bull or bear cycle. But to refer to a cryptocurrency...
BTC’s Dominance Drops, but Alt Season May Still Be Months Away
The cryptocurrency trader and analyst Dan Gambardello revealed in an X post earlier today that Bitcoin’s (BTC) dominance is dropping. According to the post, this may open up the potential...
Celsius, FTX ETH Transfers: Should Investors Be Worried?
Crypto lending service Celsius and defunct exchange FTX have been involved in different Ethereum (ETH) transactions which could affect the price of the altcoin. According to Lookonchain, Celsius transferred 7,500...
Bitcoin ETF: Investors’ Optimism High in Anticipation of an SEC Approval
Since October, speculations around a spot Bitcoin Exchange-Trusted Fund (ETF) approval have catalyzed a broader market recovery. In that timeframe, Bitcoin notched a new annual high. Indeed, a noted change...
GBTC Discount Narrows as Bulls Continue to Drive Its Price
The blockchain intelligence platform Kaiko revealed in an X (formerly Twitter) post yesterday that the Grayscale Bitcoin Trust (GBTC) discount is at its most narrow in years. According to the...
DOGE, PEPE, FLOKI, and MEME, May Be Ready to Run, Here’s Why
For the last few days, the crypto market has been in green, and apart from Bitcoin’s (BTC) incredible run, memecoins also seem to be running the show. The interesting part...
Crypto-Friendly Chairman McHenry Plans To Retire, Crypto Council Reacts
House Financial Services Chairman Patrick McHenry has declared his intention to retire when his term concludes in January 2025. The announcement, made on Tuesday, came as a shock to many,...
Analyst Presents The Top 5 Metrics For Crypto Market Prediction
According to a presenter on Santiment Network’s YouTube channel, digital asset trading is a game of probability rather than science. He noted that a piece of fundamental news could demystify...
SOL Price Down 6% As Millions of Tokens Are Moved to Coinbase
Over the past few months, FTX has been transferring massive amounts of Solana (SOL) tokens to exchanges. On November 6, data from the on-chain analytics platform Lookonchain indicated that FTX...
Shiba Inu Burn Rate Spikes 7424294.41%, $74K Worth SHIB Burned
Shibarium has recently burned a staggering 8.2 billion Shiba Inu, equivalent to approximately $74,000. This unexpected move was praised by crypto YouTuber Clay in his recent video. The burn, which...
Ben Armstrong Shares His Top Altcoin Picks for December
The popular crypto influencer Ben Armstrong revealed his five altcoin picks for December in his latest YouTube video. These picks come after he declared that his November picks performed phenomenally...
Crypto Prices Today: BIGTIME, MEME, LUNA, PEPE In The Spotlight
Many cryptocurrencies saw their prices rise over the past day along with the global market cap, which stood at $1.54 trillion at press time, according to CoinMarketCap. However, there were...
ETH’s Current Price Is “Hilarious”, but Whale Still Cashes Out
The cryptocurrency investor Ryan Sean Adams revealed in an X post yesterday that he believes Ethereum (ETH) trading at $2.2K is “hilarious.” In his post, the investor also stated that...
