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.
Investigation Uncovers $30M Crypto Fraud Tied to Celebrity Promotions
Dubai-based Sahil Arora accused of manipulating celebrity-backed crypto tokens. Arora allegedly made $30 million by dumping tokens after celebrity promotions. Legal gray areas and celebrity…
Binance Clears Regulatory Baggage in Brazil and India
Binance agrees to pay a $1.75 million fine in Brazil. The crypto exchange pledges to comply with Brazil’s regulatory conditions. Binance gets reactivated in India…
Marathon Digital Buys $249M Worth of Bitcoin
Marathon completed a senior note offering and collected $300 million. Marathon purchased 4,144 Bitcoin, spending $292.5 million and an average purchase price of $59,500 per…
Daily Market Watch: BTC, ETH, SOL ORDI, and ARB
Bitcoin lost the $60,000 price level after reaching as high as $61,600. Ether crashed to $2,600 after failing to enter the $2,800-$3,000 price level. Altcoins…
Republican John Deaton Challenges Senator Warren in the Senate Race
MetaLawMan says that Senator Warren is worried about her position in the Senate race. While Senator Warren criticized the Super PAC backing Deaton, he responded…
U.S. Crypto Regulation by 2024? Schumer Lays Out His Strategy
Schumer aims to pass crypto regulation by year's end, modeled after AI safeguards. He emphasizes balancing innovation & safety in crypto regulation for national security.…
Members of Blockchain Caucus Ask Kamala Harris to Focus on Crypto
Florida Congressman Darren Soto is working with the Blockchain Caucus. Soto wants Kamala Harris to recognize the importance of digital assets. Soto also seeks to…
Millennium Management Reduces Shares in FBTC, IBIT, and GBTC: Report
Millennium Management has reduced its positions in Bitcoin ETFs such as FBTC, IBIT, and GBTC. While the firm lowered shares in GBTC by 52%, IBIT…
Bitcoin’s Déjà Vu: 2023 Patterns Emerge, What’s Next?
Retail interest in Bitcoin has dropped sharply, mirroring late 2023 patterns, reflecting market apathy. Bitcoin faces resistance at $61,843.50 whereby a breakout might lead to…
Coinbase vs. Robinhood: The Next Big FinTech Showdown
Michael Nadeau predicts a brewing contest between Coinbase and Robinhood. Robinhood does not charge trading fees, unlike Coinbase. Both FinTech firms are undergoing continuous evolution,…
