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.
Crypto Bank Silvergate Repays Deposits as Part of Liquidation Plans
Silvergate Capital, a cryptocurrency-focused bank, announced on Wednesday it had fully reimbursed all remaining deposit liabilities, Reuters reported. The recent move follows the bank’s decision to cease operations earlier this...
Rare SMA20 Golden Cross Imminent on Altcoin; Is This a Bullish Sign?
Amid the bearish trend that rocked the crypto market in the last 24 hours, with digital assets such as BNB taking a major hit, a prominent Bitcoin trader has argued...
Mt.Gox Creditors Set To Start Receiving Repayments in 2023-2024
In 2014, Mt.Gox suffered from the largest Bitcoin hack up to that point in time. Wu Blockchain announced on X today that Mt.Gox creditors received emails from the bankruptcy trustee....
Top 10 Cryptocurrency Picks To Own Over the Next 12 Months: Deaton
Lawyer and cryptocurrency enthusiast John Deaton shared his top 10 token picks on X today. According to the post, Deaton would choose to hold Bitcoin (BTC), Ripple (XRP), Ethereum (ETH),...
Sam Altman Reinstated: OpenAI Coup Flops After Mass Backlash
Sam Altman has been reinstated as the CEO of OpenAI, the leading company in the fledgling artificial intelligence industry. Altman’s reinstatement follows days of a rollercoaster of events within the...
3 Disadvantages of Spot Exchange-Trust Funds (ETFs) Approval
Dan Hoover, Chief Compliance Officer of Castle Analytics, has identified a lack of transparency, unclear governance, and market concentration as the potential disadvantages of spot ETFs. Hoover elaborated on these...
Argentina Unlikely to Join BRICS After Javier Milei’s Victory
Javier Milei has emerged as the winner of the just-concluded presidential election in Argentina, and stakeholders are already considering the socio-economic implications of the far-right politician’s victory. Top among the...
Analysts Pick Top 3 Performing AI Tokens For Next Bull Cycle
AJ noted that he was about to start accumulating AGIX tokens in his public portfolio. Armstrong thinks that GRT is a unique coin with a utility unmatched by any other...
These 6 Altcoins Flip to Macro Bullish and May Soar Soon: Analyst
The renowned cryptocurrency trader and analyst Rekt Capital revealed in a YouTube video that several altcoins seem to be breaking out of a long-term “macro bearish” trend. In the analysis,...
Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis
Lookonchain, the on-chain activity monitoring platform, revealed in an X post today that a whale withdrew another 96 million Tether (USDT) from the Tether Treasury. Following this latest withdrawal, the...
Crypto Sleuths Struggle to Separate Legit Critics from Scammers: Huber
Crypto investigator Mr. Huber acknowledged the challenge crypto enthusiasts face in identifying honest critics after being misled by an account later revealed to be insincere. Huber had deleted an old...
ADA Reaching $11 In Next Bull Cycle Is Achievable: Analyst
Crypto analyst Dan Gambardello predicted that Cardano (ADA) could soar to as high as $11 in the next bull cycle. According to Gambardello, this substantial increase in the altcoin’s price...
Osaka Digital Exchange to Launch Japan’s First Digital Securities Trading
Japan’s Osaka Digital Exchange will commence Japan’s first digital securities trading next month in the form of security tokens issued by Tokyo-based real estate investment companies Ichigo and Kenedix. On...
Analyst Predicts Prolonged Upswings Amid Short-Term Corrections for Altcoins
The analyst compared Ethereum’s price action with Chainlink and Arbitrum. Van de Poppe recommended considering entry points during corrections of 30-50%. Michaël van de Poppe emphasized that altcoins are experiencing...
SOL, LINK, SOPH To Rally Significantly in Next Bull Run: Analyst
Nick, a renowned crypto analyst and Cheeky Crypto YouTube channel host, has identified three altcoins that would perform exceptionally well, in his opinion, in the upcoming bull run. In a...
Does Elon Musk Still Hold Bitcoin, Ethereum, and Dogecoin?
Tech billionaire founder Elon Musk’s unknown crypto holdings continue to raise speculations in the crypto community, especially as crypto prices have seen some resurgence. In 2021, Musk disclosed that he...
When is the Best Time to Buy Crypto? John Deaton Says Before the FOMO
In a series of tweets on X, reputed crypto lawyer and long-time pro-XRP advocate John Deaton put on his financial advisor hat and preached to the crypto community about how...
Top Cryptos to Watch: BTC, DOGE, SOL, and SHIB Eye Renewed Gains
The cryptocurrency market started the week off on a positive note as its total market capitalization rose 1.88% over the past 24 hours. According to CoinMarketCap, this placed the market’s...
Index Finance Attacker Attempted Another Exploit Relevant Feed
ZachXBT, a 2D detective in the crypto space, has discovered that the person behind the Indexed Finance governance attack also attempted one on Relevant Feed, a news sharing and discussion...
Jump Trading Group Severs Ties With Wormhole after $320M Injection
Jump Trading Group has officially severed ties with the Wormhole project, marking a significant downsizing of its crypto operations. This development was captured in a recent publication from Bloomberg. According...
Trader Joe Deactivates Frontend Following Potential Exploit
Trader Joe, a leading decentralized exchange (DEX), has been reportedly hacked. On Friday, November 17, the DEX reported via its account on X (formerly Twitter) that there was a vulnerability...
Shibarium Joins the Top 5 Most Active Networks on NOWNodes
NOWNodes notes that this is a vital step to accommodate further requests. Shibarium makes it to the top five of the most active networks on NOWNodes. This new record breaks...
BIS Study Raises Concerns About the “Store of Value” of 68 Stablecoins
The Bank for International Settlements (BIS), an international financial institution, has raised concerns that the 68 stablecoins in the market “do not live up to their names”. In the comprehensive...
BTC Dominance Likely to Rise in the Next Month, Says Analyst
The popular cryptocurrency trader and analyst Benjamin Cowen predicted that Bitcoin’s (BTC) market dominance may continue to climb in the coming months. In his latest analysis, he also shared his...
SOL, FTT, and LINK Suffer Despite Growing Interest From Investors
Santiment, the blockchain analytics platform, revealed in an X post yesterday that there has been a growing interest in Solana (SOL), FTX Token (FTT), and Chainlink (LINK). Other noteworthy assets...
