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.
Hacker Moves $757k Stolen EraLend Funds to Binance, Bybit, OKX
In a recent update, blockchain security firm PeckShield reported that addresses associated with the exploit of EraLend have taken action across multiple networks. Specifically, addresses linked to the exploit have...
BTC, XRP Only Top Projects From 2013 to Remain in Market’s Top 10
Popular crypto influencer Ben Armstrong, popularly known as Bitboy Crypto, in a recent video, analyzed the top 10 projects from 2013 to date. Per the video posted on YouTube, the...
Pro-XRP Analyst Rekindles Renewed XRP Enthusiasm Amid Skepticism
Crypto analyst and pro-XRP trader “Egrag Crypto” posted earlier today that a recent trend he’s been noticing was how XRP enthusiasts compared the performance of XRP to other coins, which...
RBN, MASK, FLOW, GT, C98 Unlocks May Lead to Trade Opportunities
The tokenomics tracking platform Token Unlocks indicated at press time that several altcoins were on the verge of having tokens introduced to their supply. According to the platform, notable cryptocurrencies...
CRV, APE, AVAX, MATIC, SHIB Suffer the Biggest 24H Losses
The global cryptocurrency market cap slipped 0.25% over the past 24 hours, according to CoinMarketCap. Consequently, the market’s collective value stood at approximately $1.05 trillion at press time. During this...
AI Tool Powers $8.8 Billion Worth of Losses in Scams, Report Experts
Earlier today, Bloomberg released a disrupting piece on the advanced technology that scammers are using on customers across the world. The article highlights how the explosion of AI tools threatens...
CoinMarketCap’s Top Gainers Over Past 24 Hours
Most cryptocurrencies are still bleeding after the latest market crash. However, some tokens like Akash Network (AKT), Optimism (OP), Compound (COMP), THORChain (RUNE), and Zcash (ZEC) have proven their resilience...
Custodia CEO Blasts Fed’s “Harsh Actions” Against Crypto Firms
In one of her recent podcast appearances on Thinking Crypto, Caitlin Long, CEO of Custodia Bank, criticizes the FED over its stance on cryptocurrencies and fintech companies trying to operate...
Half of Musk’s Twitter Followers Bots? How Does This Affect DOGE?
Elon Musk is making headlines again with reports that a large percentage of his Twitter (now X) followers were inactive, indicating that they could be bots. Culture Crave revealed in...
PEPE Whale Purchases $583K Worth of PEPE: On-Chain Data
Lookonchian tweeted yesterday that Machi Big Brother executed another large PEPE purchase over the past 48 hours. The latest purchase has taken the whale’s August accumulation to 1.88 million PEPE....
Cryptocurrency Returns in an Opportunity Zone, According to Firm
The blockchain intelligence firm Santiment revealed in a tweet earlier today that the market caps for several cryptocurrencies have fallen considerably over the past week. Consequently, the post added that...
SEC Cannot Call ETH Security and Approve ETH Futures ETF: Analyst
Adam Cochran, a partner at Cinneamhain Ventures, has stated in a recent Twitter post that the SEC cannot simultaneously argue that ETH is a new intrinsic “crypto asset security” that...
‘Buy the Dip’ Social Media Discussions Reached New 4-Month High
“Buy the Dip” discussion rates have reached its highest level in 4 months, according to a post shared by the market intelligence firm Santiment. Following a week of downward movement...
Mastercard Partners with Ripple, Consensys, to Drive CBDC Understanding
Global payment giant Mastercard has unveiled its new Partner Program to enhance understanding of Central Bank Digital Currencies (CBDCs). The CBDC Partner Program aims to facilitate collaboration with key players...
CME Group and CF Benchmarks Launch BTC and ETH Reference Rates
CME Group, the leading financial derivatives marketplace, partnered with the prominent cryptocurrency indices provider CF Benchmarks to launch two Asia Pacific-focused reference rates for Bitcoin (BTC) and Ether (ETH). According...
Whale Moves Over $72 Million USDC to Circle – Massive Cash Out?
A fund with a wallet address beginning 0x74c has been making some significant financial moves. Recently, it deposited a whopping 12.1 million USDC to Circle. This isn’t a one-off, according...
Increased Shorting Activity May Soon Lead To Liquidations: Report
Santiment, the blockchain intelligence firm, revealed in a tweet yesterday that traders are shorting the cryptocurrency market as the market capitalizations of many digital assets continue to decline. Despite this,...
SHIB, XRP, SAND, CAKE All See Increase In Whale Activity
Whale activity for Shiba Inu (SHIB), Ripple (XRP), The Sandbox (SAND), and PancakeSwap (CAKE) has been increasing according to a Twitter post shared by the market intelligence platform, Santiment. This...
3AC Founders Face Scrutiny After Dubai Regulator Imposes Fine
Bankrupt crypto hedge fund Three Arrows Capital (3AC) founders have once again made headlines with another scandal. According to Bloomberg, Su Zhu and Kyle Davies have been fined by the...
SEC Chair Gary Gensler Takes Aim at Artificial Intelligence
Gary Gensler, the man at the helm of the U.S. Securities and Exchange Commission (SEC), has revealed that artificial intelligence (AI) is on his radar. In a recent post on...
Former President Trump’s $2.8M Cryptocurrency Investment Exposed
Former U.S. President Donald Trump is invested in cryptocurrency, according to the Altcoin Daily YouTube channel host. In a video uploaded on YouTube, the Altcoin Daily host elaborated on the...
Crypto Analyst’s 15-Minute Chart Strategy for Predicting Trend Reversals
Annii, a host on the Crypto Banter YouTube channel, says trading is all about funds’ movement across various markets. When trading, money can move between different ecosystems (like cryptocurrency to...
SEI and BONE Soar; SEI Enters Top 100 Coins on CoinMarketCap
SEI, the native token of Sei’s blockchain scaling solution, rose quickly after being listed on major exchanges. Following the blockchain network’s beta launch, Coinbase, Binance, Bybit, and Bitget listed SEI...
Silvergate Capital CEO Steps Down Amid Ongoing Business Wind-Down
Silvergate Capital has undergone another significant development as its CEO, Alan Lane, stepped down amidst the ongoing business wind-down. The departure of Lane marks a crucial chapter in Silvergate’s journey,...
Polygon (MATIC) Sees Massive Increase In Bullish Developments
There have been multiple bullish developments for Polygon (MATIC) over the past few days, according to an article on Nansen Research’s official blog. Although the reasons for these positive developments...
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