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.
Bitcoin Below $57K, Crypto Market Cap Drops 7% as Fed Decision Looms
Bitcoin (BTC) slipped below $57,000 in the early hours of Wednesday to its lowest point since late February, marking its worst monthly performance since November 2022. According to Coinmarketcap (CMC)...
The Verdict on Roger Ver: Is Roger Ver’s Legacy a Savior of Bitcoin or Disruptive Force?
Among the wild history of Bitcoin, there are few figures who had provoked as many debates and controversies as Roger Ver. David “JoelKatz” Schwartz, CTO at Ripple, has pointed that...
Michael Saylor’s Bitcoin-Leveraged Strategy Transforming $1 Income to $400M Profit
Reports assert that MicroStrategy’s executive chairman and co-founder, Michael Saylor, has devised a brilliant financial scheme that involves leveraging Bitcoin investments to transform a $1 income into a whopping $400...
Azuki NFT Achieves Over $1.1 Million in Daily Sales
Recent data from the NFT market shows that Ethereum’s Azuki topped Tuesday’s trading chart, printing US$1.13 million. This surge increased Azuki’s total sales volume to US$1.12 billion, making it the...
Binance Founder Vows to Focus on Education After Prison Sentence
Former CEO of Binance Changpeng Zhao (CZ) has asserted that “compliance is super important” for the crypto industry after being sentenced to four months imprisonment. In his latest statement on...
JPMorgan and Goldman Sachs Expect Fed’s First Interest Rate Cut in July
The Federal Reserve is expected to hold the interest rate unchanged at the two-decade high of 5.25% to 5.5% after the Federal Open Market Committee (FOMC) meeting. While the two-day...
Bitcoin Market Sees Sell-Off Before FOMC Meeting
The Bitcoin market experienced a wave of selling pressure yesterday, with Bitcoin ETF outflows reaching a weekly high of $162 million. This comes just a day before the highly anticipated...
Court Rules Changpeng Zhao’s 4-Month Sentence, Prosecutors Criticize
Binance Founder Changpeng Zhao, once considered the most powerful figure in the crypto world, was sentenced to four months in prison for violating anti-money laundering rules. In a Tuesday hearing,...
Bitcoin Jesus Busted: Early Investor Faces $48M Tax Fraud Charges
On April 30, 2024 the federal grand jury indicted Roger Ver, an early investor in Bitcoin and known as “Bitcoin Jesus,” on charges of mail fraud and tax evasion Ver...
House’s McHenry Criticizes SEC Chair Gensler for Misleading Congress
House Financial Services Committee Chairman, Rep. Patrick McHenry, recently criticized Securities and Exchange Commission (SEC) Chair Gary Gensler for misleading Congress on the classification of Ether as security. He stated...
Crypto Market Alert: Power Ledger, Cosmos, and Chainlink Prices Dip –What’s Next?
Santiment, a market intelligence platform, provides investors with a strategic advantage through its revolutionary Market Value to Realized Value (MVRV) indicator. This indicator, which appeared prominently in Santiment’s most recent...
Ran Neuner Criticizes EigenLayer’s Token Distribution Strategy
Ran Neuner, host of CNBC’s “Crypto Trader” and founder of Crypto Banter, recently criticized the Ethereum-based Liquid re-staking protocol EigenLayer, labeling it a potential “VC scam.” Neuner made his stance...
AEVO and PYTH To Inject Over $1B Each Into The Crypto Market in May
According to Token Unlock, the platform that provides information on how restricted tokens are introduced into the crypto market, not less than 20 crypto projects will release tokens worth over...
Shiba Inu DEX ShibaSwap is Moving to Conquer Ethereum and Shibarium
Lucie, the content specialist of Shiba Inu, has affirmed that ShibaSwap’s migration to Shibarium does not mean abandoning the Ethereum blockchain. Instead, the Shiba Inu decentralized trading platform is going...
ConsenSys’ Recent Demands From the Court Are Unrealistic – Expert
A famous crypto personality identified as Mr. Huber on X thinks ConsenSys’ recent court filing demands are unrealistic. Mr. Huber noted in a recent post that there is no way...
BlackRock Bitcoin ETF Registers Zero Inflow for Fourth Straight Trading Day
The U.S. Bitcoin spot exchange-traded fund (ETF) market has recorded the fourth consecutive day of negative inflow. Publicly available records have shown that on Monday, April 29, U.S. Bitcoin spot...
Ripple’s Regulatory Clarity Sets Stage for CTF Token’s Ascendancy
JackTheRippler, a crypto news reporter, took to the X platform to report a significant legal development in Ripple’s ongoing battle with the SEC. The presiding judge is now set to...
The SEC Files to Oppose Ripple’s “Motion to Strike” in Ongoing Litigation
On Monday, April 29, the U.S. Securities and Exchange Commission (SEC) filed a motion in court to oppose Ripple’s motion to strike the declaration of SEC summary witness Adrea Fox....
Dune Twitter Account Compromised, Hackers Promote Fake Airdrop
The official X (formerly known as Twitter) account of Dune Analytics, a blockchain data platform, was officially compromised for over 90 minutes until the team got back access to the...
Coinbase Announces Support for Neon EVM (NEON) on Solana Network
In a major development for the Solana ecosystem, Coinbase, the leading cryptocurrency exchange has announced plans to add support for Neon EVM (NEON) on its platform. The news revealed through...
Ripple Partners with HashKey DX to Introduce XRPL-Powered Solutions in Japan
Cryptocurrency company Ripple has announced a strategic partnership with HashKey DX which is a specialized consulting firm based in Tokyo and a part of the HashKey Group. The aim of...
ChinaAMC’s Bitcoin and Ether ETFs Excel: IOP Totals $142 Million
Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain...
Celebrities Back in Crypto Ads? Eminem Shoots a Promo for Crypto.com
Following the implosion of the digital asset trading platform FTX, promoting cryptocurrencies for lucrative deals became less popular. However, there seems to be a resurgence in crypto sponsorships, as popular...
HashKey Aims to “Green” ETFs’ Bitcoin Blocks, Partners GreenBTC.Club
In an official post, HashKey Group, a digital asset financial services group in Asia, announced its strategic collaboration with GreenBTC.Club. The alliance envisions the launch of the “Bitcoin ETF Greening...
Chart Analyst Peter Brandt Revises His Stance on Bitcoin’s Trajectory
Factor LLC CEO and popular chart analyst Peter Brandt revised his previously optimistic stance on Bitcoin’s trajectory. Brandt projected a bullish trend, suggesting that it would last until September 2025...
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