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 Fundraising in November Hits $1.67B, Top 10 Projects Accumulate $634.6M
The latest Crypto Fundraising report by CryptoRank shows a remarkable rebound in November, surpassing more than $1.67 billion in investments, marking a 387% increase from October. The month witnessed 111...
Artificial Intelligence (AI) Market To Reach Over $241B in 2023: Statista
Data from Statista, the online platform specializing in data gathering and visualization, shows that the market size in the artificial intelligence market will reach $241.80 billion in 2023. The platform...
FDUSD Hits $1B Market Cap as Binance Ceases Support for BUSD
On Monday, Vincent Chok, Founder and CEO of First Digital, expressed gratitude for the tremendous growth of First Digital USD’s (FDUSD) market capitalization, which now stands at $1 billion. This...
BONK Coin Soars Replicating DOGE and SHIB’s Early Rallies
Bonk (BONK) added to its impressive momentum over the past 24 hours. Data from the cryptocurrency market tracking website CoinMarketCap indicated that the meme coin recorded a daily gain greater...
Exploring the Untapped Potential of BLD Token: A Detailed Analysis
In the crypto economy, it is not unusual to find so-called gems irrespective of whether the market is in a bull or bear cycle. But to refer to a cryptocurrency...
BTC’s Dominance Drops, but Alt Season May Still Be Months Away
The cryptocurrency trader and analyst Dan Gambardello revealed in an X post earlier today that Bitcoin’s (BTC) dominance is dropping. According to the post, this may open up the potential...
Celsius, FTX ETH Transfers: Should Investors Be Worried?
Crypto lending service Celsius and defunct exchange FTX have been involved in different Ethereum (ETH) transactions which could affect the price of the altcoin. According to Lookonchain, Celsius transferred 7,500...
Bitcoin ETF: Investors’ Optimism High in Anticipation of an SEC Approval
Since October, speculations around a spot Bitcoin Exchange-Trusted Fund (ETF) approval have catalyzed a broader market recovery. In that timeframe, Bitcoin notched a new annual high. Indeed, a noted change...
GBTC Discount Narrows as Bulls Continue to Drive Its Price
The blockchain intelligence platform Kaiko revealed in an X (formerly Twitter) post yesterday that the Grayscale Bitcoin Trust (GBTC) discount is at its most narrow in years. According to the...
DOGE, PEPE, FLOKI, and MEME, May Be Ready to Run, Here’s Why
For the last few days, the crypto market has been in green, and apart from Bitcoin’s (BTC) incredible run, memecoins also seem to be running the show. The interesting part...
Crypto-Friendly Chairman McHenry Plans To Retire, Crypto Council Reacts
House Financial Services Chairman Patrick McHenry has declared his intention to retire when his term concludes in January 2025. The announcement, made on Tuesday, came as a shock to many,...
Analyst Presents The Top 5 Metrics For Crypto Market Prediction
According to a presenter on Santiment Network’s YouTube channel, digital asset trading is a game of probability rather than science. He noted that a piece of fundamental news could demystify...
SOL Price Down 6% As Millions of Tokens Are Moved to Coinbase
Over the past few months, FTX has been transferring massive amounts of Solana (SOL) tokens to exchanges. On November 6, data from the on-chain analytics platform Lookonchain indicated that FTX...
Shiba Inu Burn Rate Spikes 7424294.41%, $74K Worth SHIB Burned
Shibarium has recently burned a staggering 8.2 billion Shiba Inu, equivalent to approximately $74,000. This unexpected move was praised by crypto YouTuber Clay in his recent video. The burn, which...
Ben Armstrong Shares His Top Altcoin Picks for December
The popular crypto influencer Ben Armstrong revealed his five altcoin picks for December in his latest YouTube video. These picks come after he declared that his November picks performed phenomenally...
Crypto Prices Today: BIGTIME, MEME, LUNA, PEPE In The Spotlight
Many cryptocurrencies saw their prices rise over the past day along with the global market cap, which stood at $1.54 trillion at press time, according to CoinMarketCap. However, there were...
ETH’s Current Price Is “Hilarious”, but Whale Still Cashes Out
The cryptocurrency investor Ryan Sean Adams revealed in an X post yesterday that he believes Ethereum (ETH) trading at $2.2K is “hilarious.” In his post, the investor also stated that...
SHIB Soars to 7-Day High as Shibarium Transactions Hit Record
Shibarium has recently witnessed an increase in its daily transaction count. As of December 4, the total daily transactions recorded on Shibarium soared to an impressive 7.84 million. This significant...
These 3 Cryptos Are Set to Surge Soon, According to Analyst
The popular cryptocurrency trader and analyst Dan Gambardello shared his latest take on Bitcoin (BTC), Cardano (ADA), and Ethereum (ETH) in an X post today. According to the analyst, bullish...
5 Events To Look Out For This Week In The Digital Assets Market
According to Greeks.live, a crypto options-trading toolkit provider, all major asset classes are adjusting their pricing for the impending end of the rate hike cycle. The platform provided a list...
ORDI Ascends to New ATH, Thanks to Bitcoin’s (BTC) Yearly High
ORDI (ORDI), the BRC-20 cryptocurrency related to Bitcoin Ordinals increased by 30.75% in the last 24 hours. On November 3, ORDI’s price was 32.35. But after the surge, the token...
Spanish Police Arrest Alleged Crypto Conspirator Linked to North Korea
Spanish authorities announced the arrest of Alejandro Cao de Benos, a Spanish national sought by the United States in connection with an alleged crypto conspiracy involving North Korea. The development...
Etherscan Seeks $1M Annual Sponsorship to Advance ENS Features
Harith, a notable member of the team behind Etherscan, the well-known Ethereum blockchain explorer, has requested funding of $1 million per year to finance developments related to Ethereum Name Service...
Near Chain’s Daily Transactions Spiked Over 13.935M on December 1
Near protocol achieved a milestone after a remarkable spike in the number of transactions on its native blockchain. As seen on a chart on its website, the number of transactions...
Bill Morgan Recommends Disbarment of SEC Lawyers Over Misconduct
According to Bill Morgan, a renowned lawyer in the crypto environment, an ex parte motion on an urgent basis seeking restraining (or any) orders imposes on the applicant’s lawyers a...
