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.
AI Tokens Surge; Musk Sees China as Ally in Ethical Development of AI
Elon Musk, in a recent Twitter Spaces, said that he believes China is “on Team Humanity” when it comes to artificial intelligence (AI). The SpaceX CEO informed his followers that...
5 Cryptocurrencies to Watch That May Enter Into Another Leg Up
The cryptocurrency market has been experiencing some notable price fluctuations, with several cryptocurrencies poised for potential bullish rallies. Among the top contenders are ADA, AVAX, ZIL, XRP, and LINK, which...
TRON Active Addresses Hit 17M, Outperforming BNB Chain, ETH, SOL
The TRON (TRX) blockchain network has recently emerged as a formidable player in the crypto space, surpassing BNB Chain and Ethereum in terms of active addresses. In a recent tweet,...
Ordinals and STX Among Projected Beneficiaries of BlackRock ETF
Tom Busby of CryptoBusy YouTube thinks approving the BlackRock ETF would bring cash into the crypto market. He believes cryptocurrencies related to Bitcoin will gain the most from the cash...
Secondary Sale of LBRY Credits Left Hanging as the Company Winds Down
LBRY Inc., the New Hampshire software company known for its decentralized content platform, announced on Tuesday that it will be winding down its operations in accordance with a court order....
$70M+ Worth Of APE, APT, IMX To Be Unlocked In Next 30 Days
Data from the tokenomics tracking platform Token Unlocks indicates that substantial amounts of ApeCoin (APE), Immutable (IMX), and Aptos (APT) will be unlocked within the next month. In total, just...
Bloomberg Analyst Cautions that Cryptos Face Heightened Risk in a Recession
In a recent tweet, Mike McGlone, a Bloomberg analyst, raised concerns about the potential risks faced by cryptocurrencies during periods of economic recession. McGlone highlighted that recessions often lead to...
CoinGecko Launches Top 15 African Countries Most Interested in Crypto
The utilization of cryptocurrencies has increased throughout the world, including in Africa. The top 15 African nations with the highest cryptocurrency interest are listed in a recent CoinGecko poll. The...
Arkham Intel Mocked: Called ‘Dox to Earn,’ Accused of Leaking Email Ids
Arkham’s Intel Exchange has faced an onslaught of criticism with many scornfully calling it the “dox to earn” and “snitch to earn” marketplace. Blockchain intelligence platform Akham Intelligence revealed plans...
Kiyosaki Projects $120k BTC as BRICS Plan to Unveil Gold-backed Crypto
In a recent tweet, renowned author and investor Robert Kiyosaki hinted at an imminent announcement by the BRICS nations, including Brazil, Russia, India, China, and South Africa, regarding a revolutionary...
Celsius Receives Court Approval to Convert Their Alt Holdings
Bankrupt crypto lender Celsius has received court approval to convert its altcoin holdings into more liquid cryptos as part of its restructuring plan, according to the analytics platform Kaiko. In...
US Dollar Depreciation Could Spike Crypto Prices, Says Analyst
Prominent crypto analyst and trader Michael Pizzino believes the US dollar’s decline could spike the prices of cryptocurrencies. In a recent YouTube video, Pizzino discussed a possible breakdown in the...
Whale Deposits 141,835 BNB in Four Addresses for ARKM Token Sale
Lookonchain, the onchain smartmoney analytical platform, reported a whale deposited 141,835 BNB tokens to Binance, worth $35 million. Lookonchain indicated the deposit was divided into four batches and made through...
Top Analyst Reveals Promising AI Crypto Tokens and Developments
In a recent video, Altcoin Daily, a well-known crypto analyst YouTube account, highlighted the top cryptocurrencies that will be instrumental in the rapidly expanding field of artificial intelligence (AI). The...
Crypto ATMs Pose Threat: Britain’s FCA Stops 26 Machines
The Financial Conduct Authority (FCA) of Britain has decided to shut down 26 cryptocurrency ATMs across the nation alleging illegal services. The authority claimed that these machines have been functioning...
DeFi Researcher Announces Exclusive Airdrop For Arkham Analytics Users
On July 10, DeFi researcher Ignas tweeted about an airdrop for Arkham Analytics tool users. The DeFi expert also shared a referral link to the airdrop which would allow people...
Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase
According to ZERO IKA, a crypto analyst on Twitter, altcoins will remain in the accumulation phase until after the next Bitcoin halving. However, he anticipates altcoins regaining market share this...
Voyager Digital Sees Significant Asset Withdrawals Exceeding $250M
Crypto broker Voyager Digital is witnessing a significant outflow of funds, with withdrawals resuming after a year-long suspension. Creditors are swiftly moving to retrieve their money, resulting in a massive...
FBI Searches Home of Kraken Founder Jesse Powell in Cyberstalking Case
A Kraken representative clarified that the crypto exchange was in no way involved in the investigation. The FBI conducted a search at the home of Jesse Powell in connection with...
Ripple’s Head of Policy Advocates for CBDC Adoption in the UK
Ripple’s Head of Policy, Susan Friedman, discussed London’s potential as a crypto hub. Ripple’s dedication to London aligns with its positive outlook on the potential of CBDCs. Friedman highlighted the...
Crypto Influencer Raises Concerns Over TrueUSD’s Dubious Developments
Cochran highlights the risks and financial motivations involved in such a partnership. The influencer believes that Changpeng Zhao makes calculated moves while Justin Sun is impulsive. Adam Cochran is questioning...
USDT Boasts a Market Cap Twice the Size of Rivals Put-Together: CTO
USDT boasts a market cap three times higher than its closest competitor. Paolo Ardoino, CTO of Tether, emphasizes USDT’s dominance in the market. USDT’s daily trading volume is $29.4 billion,...
SolSea Teams up With Coca-Cola for Serbian Music Festival
Coca-Cola Serbia has joined forces with SolSea an, to launch a range of products for Serbia’s EXIT Festival. The drop includes physical hoodies and a special NFT collection on SolSea,...
Saxo Bank to Comply With FSA Orders To Dispose of Its Crypto Assets
The Financial Supervisory Authority (FSA) of Denmark has demanded that the Investment Bank Saxo dispose of its cryptocurrency holdings. Meanwhile, the FSA statement cited Section 24 of Denmark’s Financial Business...
Cameron Winklevoss Pushes for Resolution in Genesis Bankruptcy Case
In a recent tweet, Cameron Winklevoss, one of the co-founders of the Gemini crypto exchange, put forward an “ultimate proposal” amid the ongoing discussions of a debt restructuring plan for...
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