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.
Crypto Markets Witness Downturn: Ethereum and Altcoins Experience Declines
Reports from a Chinese crypto reporter, Colin Wu, suggest that the crypto market has plunged “sharply” in the past hour. This was indicated by Ethereum falling by more than 4%. ...
5,000 SPVs Established in Abu Dhabi by Wealthy Individuals in 2023
Changpeng Zhao, Gautam Adani, hedge fund billionaire Ray Dalio, and Russian steel magnate Vladimir Lisin are among the high-net-worth individuals who have established special purpose vehicles (SPVs) in Abu Dhabi’s...
DOT Overtakes LINK and MATIC, but Technicals Warn of a Correction
Polkadot (DOT) was able to climb above Chainlink (LINK) and Polygon (MATIC) in terms of market cap. This is after DOT’s price surged more than 21.50% over the past week. ...
LINK, ADA, Nosedive, as Market Liquidation Runs Into Millions
After enjoying an extended uptrend period, major altcoins, including Cardano (ADA) and Chainlink (LINK), are falling apart. Although other major altcoins are not left out, ADA and LINK are two...
Will the Federal Reserve Implement Further Tightening Policies?
The crypto community is anticipating a volatile week ahead considering two catalytic events, the US CPI Report and the FOMC meeting. While the US Consumer Price Inflation report for November...
KyberSwap Exploiter Distributes $50M to Largest HXA Token Holders
In a recent communication, the prominent blockchain security firm Cyvers reported a concerning development related to the recently exploited platform KyberSwap, renowned for facilitating crypto assets exchange without intermediaries. According...
South African Regulator May Require Crypto Firms to have a Local Office
The Financial Sector Conduct Authority (FCSA) of South Africa may soon reportedly mandate that cryptocurrency firms with overseas headquarters maintain a local office in the country. This move by the...
FTX and Alameda Move $23.59M to Exchanges and Galaxy Digital OTC
According to Spot On Chain, a blockchain analytical firm, FTX and Alameda Research moved out $23.59 million worth of 19 assets to Binance, Coinbase, OKX, and GalaxyDigital OTC in the...
Is the Bull Market Here? $596 Billion Enters Crypto Market Q4 Alone
The largest crypto trading platform, Binance, has published a research report examining whether a full-blown crypto bull market is now upon the crypto community. Specifically, the exchange delved into the...
VanEck’s Fifth Amendment for Bitcoin ETF, Alongside BlackRock and Bitwise
VanEck has again stepped into the spotlight with its fifth amendment to the S-1 filing for a spot Bitcoin ETF, as reported by Bloomberg Intelligence analyst James Seyffart on X...
Cardano Rides Bullish Wave as DeFi TVL Surpasses $300 Million
According to a Cardano analysis channel on YouTube, the cryptocurrency market is undergoing significant transformations. This report, presented by an experienced analyst named Paul, offers a comprehensive overview of the...
US Lawmakers Introduce Bill to Counter Crypto Use in Terror Funding
Lawmakers in the United States on Thursday introduced bipartisan legislation to combat the use of cryptocurrency for terrorism funding as part of a broader proposal to tighten regulatory actions against...
Layer-2 Tokens OP, ARB, IMX Surge as ETH Shows Bullish Signs
The total market cap for Layer-2 projects jumped 5.5% over the past 24 hours, according to CoinMarketCap. As a result, the collective valuation of Layer-2 projects stood at more than...
ADA Escapes Bearish Pattern and Could Climb to $0.85: Analyst
The popular trader and analyst Dan Gambardello predicted that Cardano (ADA) could soar to as high as $0.85 following a breakout above a bearish medium-term chart pattern. In the video,...
Could Ripple’s (XRP) 2023 Successes Set It Up To Reach $1 Soon?
Ripple (XRP) has been a hot topic in the news throughout the year 2023, especially with regard to its lawsuit with the U.S. Securities and Exchange Commission (SEC) and its...
Do Kwon Faces Extradition to the US Rather Than South Korea: WSJ
In the latest developments regarding the legal proceedings involving Mr. Do Kwon, Co-Founder and CEO of Terraform, there are indications that plans for his extradition may involve the United States...
U.S. Senator Labels Crypto as a Threat, Links to North Korea’s Nuclear Funding
U.S. Senator Elizabeth Warren reiterated her concerns about cryptocurrency, labeling it as “a new threat.” She alleged that crypto is being utilized for terrorist financing and drug trafficking. In a...
A16Z Crypto Shares Anticipated Developments in the Crypto Industry in 2024
Prominent venture capital fund A16Z Crypto outlined several anticipated developments in the field of cryptocurrency for the year 2024. The first update is about the chain’s decentralization. Miles Jennings, the...
ORDI Token Plummets 15%—Is It the End for Bitcoin Ordinals?
In the last two days, the price of the BRC-20 token Ordinal (ORDI) has experienced significant fluctuations following a Bitcoin Core developer’s claims that Ordinals is an attack on Bitcoin....
Cryptocurrency Is Legalized in 119 Countries, According To Report
The world’s largest independent cryptocurrency data aggregator, CoinGecko, embarked on a massive research project to establish where cryptocurrency is legal versus illegal. CoinGecko’s findings suggested that cryptocurrency is currently legal...
Meta Unveils Updates Poised to Prevent Misuse of its AI Technology
In a notable development, American social media giant Meta Platforms announced updates to Meta AI, its artificial intelligence (AI) assistant, to close what it said has been a remarkable year...
Bitcoin Price Shocker: 130K Cycle Peak Confirmed? Experts Agree!
CryptoCon, the creator of the Halving Cycles Theory, has revealed that Bitcoin (BTC) might hit $130,000 by December 2025. CryptoCon, who also doubles as a technical analyst, noted that he...
EU Moves Closer To Regulating AI Tools Like ChatGPT and Bard
Delegates from the European Commission, the European Parliament, and 27 member countries are close to an agreement over a wide-reaching regulation of artificial intelligence in the Western world. Following an...
LTC Sees Record 199K Wallet Drop; Will Bull Rally Recover?
Litecoin (LTC) has experienced a substantial decrease in its wallet holders. Recent data reveals that about 199,000 Litecoin wallets that were active ten days ago now stand empty. This marks...
XRP Chart Analysis Shows Consistent Market Share Since 2014
In the intricate tapestry of the crypto market, XRP stands out for its stability over time, as evidenced by an analysis by Mr. Huber on the X platform. His chart...
