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.
Cosmos’ Proposal to Reduce ATOM’s Inflation Rate: Opposers Lead
The voting period spans from November 12 to November 26, 2023. The Cosmos community has proposed to reduce the inflation rate of ATOM from 14% to 10%. As of now,...
Crypto Users Need to Study More to Understand the Industry: Cardone
According to Gary Cardone, a U.S.-based investor, there is no product on earth with the same characteristics as Bitcoin, and many users do not understand that. In a recent discussion...
Austin Campbell Highlights a Claimed Discrepancy Between USDC and USDT Pegs
Austin Campbell, founder of Zero Knowledge Consulting, highlighted a claimed discrepancy in market sensitivity between the pegs of USD Coin (USDC) and Tether (USDT). Campbell mentioned one behavior when one...
10101.art Launches Platform for Fragmented Ownership of Masterpieces by Renowned Artists
10101.art, an art tokenization company, will launch a new blockchain platform that allows users to own legendary physical art masterpieces created by popular artists such as Picasso, Dali, Banksy, Warhol,...
Critic: Chainalysis Backtracks Previous Claims of $450K Terrorism Funding
Recently, X user “Cryptadamist,” with a notable following on the platform, highlighted alleged contradictions regarding the value of crypto funds in terrorism financing, which blockchain analysis firm Chainalysis had earlier...
Delaware Alerts the DOJ Regarding a Fake Blackrock XRP ETF Filing
A hoax filing for a BlackRock Inc. “iShares XRP Trust” fund has prompted the Delaware Office of the Secretary of State to report the matter to the Department of Justice,...
MAS Collaborates With Finance Industry On Asset Tokenization
The Monetary Authority of Singapore (MAS) has announced partnering with private financial institutions to expand asset tokenization initiatives and develop foundational capabilities to scale tokenized markets. The Singaporean regulator published...
Crypto Prices Today: SOL, ETHDYDX Soar, IMX Takes a Tumble
Solana (SOL) and dYdX (ethDYDX) led the charge in terms of gains over the past 24 hours after both values jumped by over 7%. On the other hand, Immutable’s (IMX)...
Turkey’s New Crypto Policies Address FATF Concerns: Report
Turkey, the fourth largest country in crypto trading, has introduced new crypto regulation policies focusing on licensing and taxation. The country is taking this step to regulate cryptocurrencies to get...
Swan Bitcoin Terminates Accounts Using Crypto Mixing Services
Swan Bitcoin CTO and Co-Founder, Yan Pritzker, wrote a long statement on X (formerly Twitter) on November 12, explaining the firm’s new policy regarding crypto mixing. He highlighted that the...
Bloomberg: Fnality Gains $95M Funding From Goldman Sachs and BNP
Fnality International, a blockchain-based wholesale payment system headquartered in London, has raised £77.7 million ($95 million) in its Series B financing round, according to Bloomberg. The funding phase was reportedly...
Crypto Prices Today: BTC Decline Opens Door for Altcoins To Shine
Bitcoin’s (BTC) price has dropped along with the global market cap in the past 24 hours. At press time, CoinMarketCap indicated that the total market cap stood at $1.4 trillion...
YFI Whale Activity Reaches 15-Month High, Boosting Its Market Cap
Santiment, the blockchain analytics platform, revealed in an X post earlier today that the market cap for yearn.finance (YFI) has surged following a substantial increase in whale activity. According to...
“RUNE and Solana are Ultimate Bull Market Tokens,”: Crypto Trader
In a recent video, Ran Neuner, a crypto trader and host of the YouTube channel Crypto Banter, said RUNE and Solana are the best altcoins in the prevailing bull market....
KuCoin Introduces RepubliK’s RPK Token: New Strategic Project
The centralized cryptocurrency exchange KuCoin has recently announced its collaboration with the social media platform RepubliK, introducing a new project on their Spot trading platform. According to KuCoin’s official announcement,...
BitgetX HK Ceases Operations, Exits Hong Kong Crypto Market
BitgetX HK, a subsidiary of the crypto exchange Bitget, has officially announced its decision to halt operations in the Hong Kong market. The withdrawal follows the company’s decision not to...
MATIC Rises 74% In 30 Days as Whale Transfers Spike Significantly
Alongside a broader crypto market resurgence, Polygon’s (MATIC) has seen its price break out and notch a significant increase in the past few days. On-chain data suggests an uptick in...
Report Says 81,717 Wallet Addresses Hold Over $1 Million In Bitcoin
This year, there has been a significant increase in the number of cryptocurrency wallet addresses containing Bitcoin valued at over $1 million. According to BitInfoCharts, these addresses have grown from...
Wall Street Journal Report: Hamas Uses Cryptos for its Operations
The Palestinian political and military organization Hamas has reportedly pivoted its financing approaches to cryptocurrencies, as detailed in a comprehensive investigative news story by the news organization, the Wall Street...
BTC’s RSI Breaks Above 70, Is This the Begining of a Major Bull Run?
BTC has been respecting the trendline since 2023; it may continue to abide by it. On the weekly chart, BTC has been moving sideways with negligible vertical movements. Crypto Investor...
Hackers Steal Sensitive Data From Bankrupt Bitcoin ATM Coin Cloud
Coin Cloud, a Bitcoin ATM operator, was allegedly hacked by an unidentified hacking group. According to vx-underground, a library of malware codes, the group claimed to have stolen 70,000 customer...
Amber Group’s Withdrawal Sparks Rally in Optimism Token Price
A sizable withdrawal of OP tokens by cryptocurrency firm Amber Group from the Binance exchange has sparked a rally in the price and activity around the Optimism network. Amber Group’s...
Celestia (TIA) Traders Could Be Presented With An Entry Soon: Analyst
The popular trader and analyst Crypto Tony revealed in an X post today that he is waiting for the perfect entry for Celestia (TIA). In his post, he shared that...
Market Veteran Says XRP Now Faces “Lollapalooza Effect,” Predicts $90
EGRAG likens XRP’s potential growth to the “Lollapalooza Effect. The analyst underscores XRP’s unique regulatory status and significant partnerships as key to its bullish outlook. EGRAG projects targets of $1.10...
Turkey’s Crypto Adoption Surges After Earthquake; 40% Now Own Crypto
The largest crypto exchange, Binance, has presented research on cryptocurrency adoption in the Republic of Turkey as part of its Binance Blockchain Week in Istanbul, Turkey. According to the research,...
