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.
SHIB Soars to 7-Day High as Shibarium Transactions Hit Record
Shibarium has recently witnessed an increase in its daily transaction count. As of December 4, the total daily transactions recorded on Shibarium soared to an impressive 7.84 million. This significant...
These 3 Cryptos Are Set to Surge Soon, According to Analyst
The popular cryptocurrency trader and analyst Dan Gambardello shared his latest take on Bitcoin (BTC), Cardano (ADA), and Ethereum (ETH) in an X post today. According to the analyst, bullish...
5 Events To Look Out For This Week In The Digital Assets Market
According to Greeks.live, a crypto options-trading toolkit provider, all major asset classes are adjusting their pricing for the impending end of the rate hike cycle. The platform provided a list...
ORDI Ascends to New ATH, Thanks to Bitcoin’s (BTC) Yearly High
ORDI (ORDI), the BRC-20 cryptocurrency related to Bitcoin Ordinals increased by 30.75% in the last 24 hours. On November 3, ORDI’s price was 32.35. But after the surge, the token...
Spanish Police Arrest Alleged Crypto Conspirator Linked to North Korea
Spanish authorities announced the arrest of Alejandro Cao de Benos, a Spanish national sought by the United States in connection with an alleged crypto conspiracy involving North Korea. The development...
Etherscan Seeks $1M Annual Sponsorship to Advance ENS Features
Harith, a notable member of the team behind Etherscan, the well-known Ethereum blockchain explorer, has requested funding of $1 million per year to finance developments related to Ethereum Name Service...
Near Chain’s Daily Transactions Spiked Over 13.935M on December 1
Near protocol achieved a milestone after a remarkable spike in the number of transactions on its native blockchain. As seen on a chart on its website, the number of transactions...
Bill Morgan Recommends Disbarment of SEC Lawyers Over Misconduct
According to Bill Morgan, a renowned lawyer in the crypto environment, an ex parte motion on an urgent basis seeking restraining (or any) orders imposes on the applicant’s lawyers a...
BTC Targets $40K Mark After Overcoming the $38K Resistance
An X user shared in a post that BTC’s on-chain behavior is reflecting a cyclical pattern. At press time, BTC was trading at $38,765.40 following a 24-hour gain of 1.76%....
Sam Bankman-Fried On Suicide Watch While in Detention: Ex-Inmate
Borrello said the suicide watch lasted for only one day. Gene Borrello revealed that Sam Bankman-Fried was on suicide watch for a day while in jail. The ex-inmate said Bankman-Fried...
Reddit’s Official Moons Contract Renouncement Fuels Gains for MOON
In a recent statement, Reddit officially renounced the Moons contract and burned their remaining 98,000 Moons tokens. In a recent statement, the subreddit’s administrators declared, “The admins have officially renounced...
Altcoins on the Verge of a 2016-Style Rally, Says Crypto Analyst
Following the broader market recovery, altcoins saw considerable price booms, with some major tokens notching new annual highs. While that has slowed considerably, a crypto analyst predicts that another big...
Robinhood Shares Plans to Launch in the UK: Third Time Lucky?
The online trading and investment platform Robinhood shared on its official X page today that it will be making its way to the United Kingdom (UK) in early 2024. This...
US Warns Crypto Firms: Crack Down on Illicit Finance or Exit US Market
The U.S. government claimed that they would ban cryptocurrency companies from the U.S. economy and market if they failed to report and block illicit money flows. Deputy Treasury Secretary Wally...
IOTA Surges to 6-Month High with $100M DLT Foundation Launch
IOTA has announced the launch of the IOTA Ecosystem DLT Foundation in Abu Dhabi. This move marks a significant expansion of IOTA’s distributed ledger technology (DLT) into the Middle East....
Upbit Announces Listing of SPACE ID (ID) on Its BTC Market
The leading South Korean cryptocurrency exchange Upbit revealed in an announcement on its blog today that it will be listing SPACE ID (ID) on its Bitcoin (BTC) market. According to...
BIGTIME and STMX Enter South Korean Crypto Market via Bithumb
The popular virtual assets BIGTIME and STMX have landed in the South Korean crypto market via a leading local crypto exchange, Bithumb. In an official post, Bithumb announced that users...
Data Reveals GameFi Battles Existential Crisis, 2,127 of 2,817 Dead Games
The prominent market tracker Coingecko has published a new research report capturing the failures of the crypto-based GameFi industry. According to the report, the GameFi market, once hailed as the...
Cristiano Ronaldo’s Partnership with Binance Results in a Lawsuit
Footballer Cristiano Ronaldo has been sued by three investors for promoting Binance’s unregistered sale of securities. The investors allege that Ronaldo has been responsible for their losses as his promotions...
Grayscale Reports 24% Growth Sector Tracking NFTs, Web3 Games
In a recent report, Grayscale noted that its Consumer and Culture Crypto Sector saw significant growth alongside major cryptocurrencies like Bitcoin. Crypto applications covered in the sector include entertainment, music,...
Weekly Crypto Asset Inflow Strikes $346M, Highest Since 2021
A recent CoinShares report showed that $346 million was injected into the digital asset market last week in investment products. With that amount, it became the highest weekly inflow into...
AI Token Market Sees 200% Surge in Trading Volume, Crossing $3B
Over the past six weeks, there has been an outstanding increase in the cumulative weekly trading activities of cryptocurrency projects that focus on artificial intelligence. In a recent tweet, Kaiko,...
The FSB Recommends More Supervision for the Crypto Industry
According to the FSB, there is a need for increased regulation in the crypto industry. Multifunction crypto firms are those that combine trading and other activities, said the FSB. The...
Cryptocurrencies to ‘Eventually Leave the Scene,’ Says MAS Director
“Cryptocurrencies have miserably failed the test of money because they can’t keep value,” said Ravi Menon, managing director of the Monetary Authority of Singapore. At a panel discussion on the...
Crypto Analyst Considers the CFTC and Coinbase Move Illegal
Crypto trader Martin Folb, commonly known as MartyParty, shared that the Commodity Futures Trading Commission (CFTC) seeks information on subscriber behavior to “prove something” about the Bybit crypto exchange. He...
