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.
Trader Predicts That ETH May Climb as High as $2,750 Soon
The crypto trader and analyst KALEO predicted in a tweet yesterday that the market dominance of Bitcoin (BTC) may retest a higher timeframe support which was successfully challenged earlier this...
Coinbase CEO Signals the Need for Sensible Crypto Regulations
Brian Armstrong, an American business executive and CEO of the leading crypto exchange Coinbase, in response to an article that addressed the enduring crypto winter in the US, commented that...
Increased Network Activity Could Lead To An XRP Rally: Analyst
A well-known crypto trader and analyst, Ali, shared a post on Twitter yesterday wherein he speculated whether the price of Ripple (XRP) could rise in the next few days. The...
SEC Filings Trigger Market Drawdown for Emerging Ecosystem Tokens
Leading crypto market intelligence provider, Messari, highlights a significant drawdown in market capitalization for emerging ecosystem tokens following the U.S. Securities and Exchange Commission (SEC) filings against Binance and Coinbase....
2 Dormant Whales Come Alive, Causing ARB’s Price to Skyrocket
The blockchain tracking firm Lookonchain noted that 2 whales, who had been dormant for several months, transacted with Arbitrum (ARB) over the past few days. Shortly after these transactions, the...
HSBC Enables BTC and ETH ETF Investment for Customers in Hong Kong
London-based HSBC has become the first bank in Hong Kong to enable crypto investment for its customers. As the largest bank in Hong Kong, HSBC is now allowing its customers...
Over $83M Liquidity Unlocked this Week in Digital Tokens
According to Token Unlocks, over $83.38 million in liquidity has been injected into the crypto token market this week across multiple projects. Accounting for this volume includes SUI, OP, YGG,...
Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions
Sygnum, which operates a digital-asset bank in Switzerland and provides asset management services in Singapore is witnessing significant interest in cryptocurrency transactions from various financial entities such as fund houses,...
ADA May Outperform BTC, DOGE and ETH, Predicts Twitter User
The crypto Twitter user SlumDOGE Millionaire shared his predictions for Ethereum (ETH), Bitcoin (BTC), Dogecoin (DOGE) and Cardano (ADA) in a tweet yesterday. In his post, the user shared his...
Macro Analyst: Chinese Liquidity and Bitcoin’s Price Are in Sync
A popular crypto analyst identified on Twitter as tedtalksmacro has observed a coincidence between the increasing Chinese liquidity and a surge in the price of Bitcoin. He projects that the...
BlackRock CEO: Our Site Hits 3k for Monetary Policy & 600k for Bitcoin
A resurfaced tape from two years ago featuring Larry Fink, the CEO of BlackRock, has sparked discussions within the crypto community, shedding light on the asset management giant’s interest in...
Expert Accuses the SEC of Running a Protection Racket for Banks
Max Keiser, a senior Bitcoin Advisor to President Bukele of El Salvador, believes the Securities and Exchange Commission (SEC) would go after both ETH and XRP as unregistered securities. According...
Elite Markets Interested in Crypto, Digital Assets Will Survive: Analyst
In his latest video, crypto analyst Cypress de Manincor stated that digital assets that provide real-world utility would survive the current purge. The analyst used conversations of several prominent industry...
Coinbase Survey Reveals 83% of Fortune 500 Firms Plan Web3 Initiatives
Crypto exchange giant Coinbase released research conducted in partnership with The Block. In the study, it was revealed that over half, that is, 52% of the Fortune 100 companies, have...
Crypto Seekers Flock Palau ‘Digital Residency’ to Access Banned Sites
The idyllic island nation of Palau, renowned for its mesmerizing diving spots, has become a hotspot for digital residency, according to a recent finding by Wall Street Journals (WSJ). For...
TrueUSD’s Banking Partner Falls: Will It Impact TrueUSD’s Stablecoins?
Adam Cochran, a marketing expert, and Information Technology expert raised questions about the dollar-backed stablecoin project TrueUSD which recently assured that TUSD had “no exposure” to the beleaguered crypto custodian...
Asian Markets to Benefit From America’s Crypto Shenanigans
A report from the Straits Times on June 23 mentioned that Asian countries like Hong Kong and Singapore are expected to benefit most from the U.S. scrutiny of the crypto...
Former DOJ and SEC Heavyweights Join Binance Legal Team
In a bold move to reinforce its legal defense, Binance, the world’s largest cryptocurrency exchange, has hired former officials from both the U.S. Department of Justice (DOJ) and the Securities...
Curve Finance’s CEO Has the Largest Lending Position in DeFi
In a report published earlier today, the blockchain intelligence firm Kaiko noted that the CEO of Curve Finance, Michael Egorov, deposited $35 million worth of CRV to Aave V2 in...
OSMO Leads the Way in Terms of Monthly Developer Activity
A crypto analytics platform CryptoDep shared the top Decentralized Finance (DeFi) projects by developer activity in a tweet yesterday. According to the post, Osmosis (OSMO) posted the most development activity...
Kylie Davies Launches VC Fund 3AC Ventures, Eyes Roll on Twitter
Three Arrows co-founder Kyle Davies tweeted on June 23 that “3AC is dead,” while celebrating the launch of his new VC fund, Three Arrows Capital (3AC) Ventures. Davies’ tweet follows...
Top 5 Trending Cryptos on CoinMarketCap in Last 30 Days
The last month has been eventful for the cryptocurrency market. A lot has happened, including events targeting specific cryptocurrencies. Under such circumstances, crypto users commonly focus on the affected cryptos...
Report Highlights Possible Signs Of Strength In The Crypto Market
The cryptocurrency market has taken a sigh of relief following a recovery from the 2023 bearish sentiment. The blockchain intelligence firm, Santiment, revealed in their latest report that their data...
Lido Finance (LDO) Staking Soars Amid Centralized Exchanges’ Exit
Decentralized staking protocol Lido Finance (LDO) witnessed a significant increase in its staking share as centralized exchanges face mounting challenges. According to data shared by a pseudonymous crypto analyst Emperor...
0.1% Users Affected in the Atomic Wallet Exploit Is a Lie, Says Netizen
After Atomic Wallet released its statement on the June 3rd event, concerns and questions were raised by the Twitter community regarding the recent $35 million crypto heist that brought the...
