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.
FBI Urges Caution To Avoid Unregistered Cryptocurrency Exchanges
The FBI has urged Americans to stop using unregistered cryptocurrency exchanges. The Internet Crime Complaint Center (IC3), Alert Number I-042524-PSA, announced this in a press release on Thursday. In the...
Airdrops Briefly Covers Cost of Acquiring Solana’s Upcoming Mobile Phone
Two cat-themed Solana-based memecoin airdrops briefly covered the cost of “Chapter 2,” the upcoming Solana mobile phone expected to roll out in 2025. The memecoins, MANEKI and MEW, are reportedly...
US Treasury Refunding Announcement Holds the Key to Bitcoin Bull Run
Over the past few weeks, crypto traders have endured a rather dull period. Bitcoin (BTC), the foremost crypto, has remained primarily stagnant within the $60,000 range, with its price experiencing...
Coinbase Legal Chief Applauds Consensys’ Lawsuit Against SEC
Paul Grewal, the chief legal officer of Coinbase, has delightedly reacted to the latest lawsuit filed against the U.S. Securities and Exchange Commission (SEC). Consensys, a software development firm, lodged...
Ripple Makes Waves With USDT Transition for ODL Services
Recent disclosures have revealed substantial changes within Ripple’s blockchain payment protocol in response to Bill Morgan’s concerns about the SEC legal battle and Ripple’s On-Demand Liquidity (ODL) operations. Ripple has...
China’s Most Prominent Pro-Blockchain Official Undergoes Investigation
According to reports, the Chinese government is investigating its most pro-blockchain official, Yao Qian, for suspected law violations. Although the specific reasons behind the investigation are yet to be known,...
Stripe to Debut Support for Global Stablecoin Payments This Summer
Stripe CEO Patrick Collison announced that the company will begin supporting global stablecoin payments this summer. Transactions will instantly settle on-chain and automatically convert to fiat currency. The CEO has...
Community Calls for Delisting of ETH Amid Regulatory Concerns
The digital asset community on social media platform X was buzzing with some crypto enthusiasts calling for the delisting of Ethereum (ETH) from major exchanges like Binance.US, Crypto.com, Bittrex, and...
Pantera Capital’s Focus on Startup Equity and Tokens in New Fund
Pantera Capital is on the brink of launching a significant fundraising initiative for its latest venture. Seeking to amass over $1 billion, the Pantera Fund V promises investors diversified exposure...
Ripple Team Shares Insights on Bitcoin ETF’s Impact on Self-Custody
A recent article shared by cryptocurrency giant Ripple highlights the critical role of custodians in managing ETFs. Custodians are responsible for the security, accessibility, and regulatory compliance of the Bitcoins...
Renowned Investor Spots Compelling Trend Among Bitcoin ETF Buyers
A foremost Bitcoin investor, Lark Davis, has observed a compelling trend among BlackRock Bitcoin ETF investors. In a recent post on X, the renowned investor noted that BlackRock Bitcoin ETF...
XRP Dips Amid Strengthening U.S. Economy and Litigation Uncertainties
XRP slid by 3.26% on Wednesday to close the day at $0.52723 amid a strengthening U.S. economy and growing uncertainty in Ripple’s ongoing litigation. Wednesday’s slump marked an extension in...
Morgan Stanley Allows 15,000 Brokers to Recommend Bitcoin ETF Purchase
A recent report revealed Morgan Stanley’s plans to explore the expanding Bitcoin exchange-traded funds (ETFs) market. The firm reportedly plans to allow its 15,000 brokers to encourage customers to purchase...
CBN Denies Mandating Banks to Freeze Crypto Exchange Accounts
The Central Bank of Nigeria (CBN) has refuted claims suggesting that it ordered local banks to freeze accounts associated with unlicensed crypto exchanges. Reports surfaced alleging that the CBN directed...
Nearly 40% of Investors in Canada Have Exposure to Crypto: Report
A recent survey released by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA) has revealed increasing crypto adoption in Canada. Embracing a better regulatory framework,...
Korean Won Becomes the Most-Used Currency to Trade Crypto Assets
The Korean won has surpassed the United States dollar as the most-used currency for trading Bitcoin and other digital assets. According to a report from Bloomberg, this uptick is centered...
Hong Kong To Establish Crypto Hub, Starts ETF Trade on April 30
In a recent development, HashKey Exchange announced that the platform had completed the first crypto subscription for Hong Kong Bosera International and HashKey Capital’s Bitcoin spot ETF and Ethereum spot...
XRP Pulls Back as Ripple Opposes SEC in Recent Court Filing
XRP met resistance around $0.55 amid expectations of another round of litigation between Ripple and the U.S. Securities and Exchange Commission (SEC). The top altcoin failed to overcome the $0.55...
Whale Investor Scoops Up $3.77M in Dogwifhat (WIF)Tokens Amid Price Rally
A ‘whale’ has reportedly purchased 1.15 million $WIF, worth approximately $3.77 million, and engaged in multiple transactions. The transactions included withdrawing and depositing large quantities of $WIF tokens to and...
Analyst Predicts DXY Retreat to 102-103: Could Bitcoin Hit $90,000?
The recent events in the financial markets have revealed the possibility that the DXY dollar index can inversely affect the price of Bitcoin, hence, these conditions are likely to create...
Do Kwon, Terraform Labs Face $5B Penalty After LUNA Fiasco
The United States Securities and Exchange Commission (SEC) has moved to request billions of dollars in disgorgement and civil penalties from Do Kwon and Terraform Labs, the team behind the...
WooX Pioneers Retail Access to U.S. Treasuries Through RWA Vaults
Woo X, a leading cryptocurrency exchange, has introduced RWA ( Real-World Assets) Earn Vaults, marking the first-ever opportunity for retail investors to access tokenized U.S. Treasury bills as reported by...
The Memecoin Momentum as Base Network’s Rise Post Ethereum London Upgrade
The recent surge in memecoins within the cryptocurrency ecosystem, particularly on Base Network, underscores a broader trend in blockchain adoption: the power of memes. This unconventional approach to engaging users...
SEC Seeks Public Comments on BlackRock’s Amended Spot ETH ETF Proposal
The United States Securities and Exchange Commission (SEC) has invited public comments on changes made to American firm BlackRock’s proposed spot Ethereum exchange-traded fund (ETF), indicating ongoing deliberations over the...
Indonesia and Australia Join Forces to Crack Down on Untaxed Crypto
Indonesian and Australian tax authorities have signed a new Memorandum of Understanding (MoU) to strengthen cooperation in crypto taxation. The MoU was specifically signed by the Indonesian Directorate General of...
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