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.
JPMorgan Explores Digital Deposit Tokens for Faster Cross-Border Payments
JPMorgan Chase, the American multinational bank, is reported to be in the early stages of exploring a blockchain-based digital deposit token. A person familiar with the work stated that the...
Taiwan Invites International Opinions To Set Virtual Asset Guidance
Taiwan is collecting advice from other nations when it comes to regulating crypto-related businesses and companies in the republic. Earlier today, a local news platform published a report announcing a...
London Fintech CEO Linked to Crypto Money Laundering for Brazilian Criminal
Caio Marchesani, the owner of a financial technology company in London, allegedly helped drug traffickers launder hundreds of millions of euros through crypto exchange platforms. Marchesani’s fintech company is regulated...
SEC’s Enforcement Action Against NFTs Could Hurt the Industry
The U.S. Securities and Exchange Commission (SEC) last month made its first regulatory move against NFT offerings, unsettling the entire crypto market. Many in crypto quarters believe the recent action...
XRP Price Action: What Will Determine The Token’s Future Value?
Financial expert Shannon Thorp recently entered the discourse surrounding XRP’s price outlook, introducing a unique perspective that challenges prevailing notions about XRP’s value being based on utility. Thorp emphasized the...
Top 5 Crypto Losers in the Past 24 Hours: CoinMarketCap
CoinMarketCap’s data showed the crypto tokens that have lost the most value in the past 24 hours. The most prominent crypto by market capitalization among the recognized losers is Solana’s...
21Shares and ARK File for First US Spot-Ether ETFs, Pending SEC Approval
The first US exchange-traded funds (ETFs) that invest in Ether are being developed by 21Shares and ARK Investment Management, two companies that provide crypto exchange-traded products. According to a filing...
Russian Ruble’s Monthly Volume On Binance Drops 83% In Two Years
The monthly trading volume of Russian Rubles (RUB) on the Binance Exchange has reportedly declined more than 83% in the past two years. Meanwhile, the trade volume of Ukrainian Hryvnia...
XRP, USDT, WBTC Transactions Surge as Whales Accumulate
Cryptocurrency whales have taken advantage of the prolonged bear market to accumulate tokens. In a video posted on YouTube by Altcoin Buzz, an analyst said crypto whales are buying Wrapped...
4 Low-Cap Altcoins To Hold Ahead Of The Upcoming Bull Run
Aaron Arnold of the Altcoin Daily YouTube channel believes a massive altcoin bull run is on the way. In a video recently posted on YouTube, the crypto analyst noted that...
MASK, MAGIC, DODO, SRM, GALA Show Historic Buy Signals: Report
The blockchain intelligence platform Santiment revealed in a tweet earlier today that many altcoins are beginning to show mild signs of life. In the post, the platform highlighted DODO, Gala...
Paal AI Unveils AI Tools To Assist Crypto Traders
Paal AI, a crypto-focused AI platform, recently introduced three AI tools — MyPaal, AutoPaal, and AutoPaal X — which have been designed to help traders easily make decisions in the...
Solana, Avalanche, or Cardano: Which Crypto Has the Biggest Gains This Cycle?
Solana has emerged as one of the top gainers in 2023, with its native cryptocurrency, SOL, adding more than 101% to its price since the beginning of the year. In...
Crypto: A Solution to the Death of the American Dream
On September 4, founder of Global Macro Investor Raoul Pal tweeted a thread discussing the “death of the American dream,” and the future of US citizens amid rising costs and...
HSBC Praises XRP’s DLT For Cross-Border Payments; BOA Patent Surfaces
On Sunday, crypto analyst, JackTheRippler shared a screenshot of a patent filed by the Bank of America focusing on Ripple’s Distributed Ledger Technology (DLT). The ambassador announced, “XRP is the...
Crypto Casino Stake Quickly Recovers After $41 Million Hacking Loss
Crypto casino, and gambling platform Stake.com experienced a security breach that led to the loss of major assets. The platform lost 6,000 ETH, 3.9 million USDT, 1.1 million USDC, and...
Will Visa’s Expansion of Stablecoin Settlement to Solana Drive SOL Prices Up?
Amid a market slowdown and prolonged bearish conditions, blockchain network Solana has managed to pull in a slew of partnerships in a bid to grow its platform. Today, the global...
Liquid Staking Up by 292% Since Low Point in June 2022
According to Bloomberg’s latest article published on September 5, the crypto liquid staking sector is very close to touching its all-time high value back in early 2022. Data from DeFiLlama...
Stellar (XLM) Shows Breakout Potential Amid Heavy Shorting By Traders
ON-chain analytics and market intelligence platform Santiment is expecting a mini breakout potential in the price of Stellar (XLM) following a single-day gain of 8%. Santiment’s bullish outlook for XLM...
Ethereum’s Vitalik-Linked Addresses Transfer Thousands of ETH
“Vitalik Buterin-related” addresses have been transferring Ethereum (ETH) tokens worth millions to exchanges, according to an X (Twitter) post shared by PeckShieldAlert earlier today. This caused many investors in the...
$386M on Move as BitBrowser Hacker Transfers Fund to Crypto Mixer
In a recent tweet, renowned Chinese reporter Colin Wu updated the crypto community regarding one of the high-profile crypto hacks in August. Wu cited SlowMist, a prominent blockchain security firm...
Gala Games’ CEO and Co-Founder File Lawsuits Against Each Other
In a shocking turn of events, Eric Schiermeyer, the Chief Executive Officer (CEO) and Wright Thurston, the Co-Founder of Gala Games, a blockchain-gaming platform that offers play-to-earn (P2E) games, filed...
ZkSync Co-Creator Proposes a Novel Hierarchical Onchain Court System
Alex Glochowski, the co-creator of the Ethereum layer 2 scaling solution zkSync, recently proposed a novel governance solution L1 Fork as the Court of Final Appeal, to confront the risks...
Crypto Donation Accepted in Relief Fund for Maui Wildfire Victims
The Maui community has found strong support from the crypto world, as a relief fund led by prominent celebrities Oprah Winfrey and Dwayne Johnson (The Rock) now welcomes donations in...
Chinese Court Says Cryptocurrencies Are Property and Legal: Report
A Chinese court report says cryptocurrencies are considered legal property under the current legal framework and are protected by the law, according to a report from a local news outlet....
