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.
Justin Sun Explains the Limits of His Influence on WBTC
Justin Sun clarified that his involvement with WBTC is entirely strategic. Sun explained that he does not control the private keys to WBTC reserves. Bitgo…
Tron’s DeFi Desert: Can the Blockchain Attract Protocols?
Tron Army laments the lack of classic DeFi protocols and bridging solutions. The community suggests improvements and highlights trust issues. Justin Sun commits to enhancing…
IRS’s New Crypto Tax Form: Less Privacy Concerns, More Clarity
IRS updates Form 1099-DA draft, easing reporting for digital assets starting in 2025. The new draft removes wallet address transaction IDs to enhance privacy and…
Ripple Exec: US Needs ‘Crypto Reset’ After XRP Ruling
Ripple CLO asks the government to end the “misguided war on crypto.” Alderoty called on Kamala Harris to address the relationship between crypto and regulators.…
Ripple Warns of XRP Scams, Community Points Fingers Back
Ripple warns of XRP scam giveaways after its legal victory. However, community skepticism grows over XRP’s price dip. Community members accuse Ripple of profiting from…
SHIB Bulls Needs $17 Million Inflow To Match The Bears
SHIB bears have the upper hand under the current market conditions. Onchain data shows SHIB sell orders dominate by $17 million. Technical indicators suggest a…
Pantera Capital Dumps 1INCH on Coinbase, Boosts ONDO Holdings
Pantera Capital deposits $3.52M in 1INCH tokens to Coinbase amid price decline since July 24. Pantera holds $223.647M in crypto, with ONDO making up 15.89%…
BitForex’s Slow Exit: Withdrawal Delays Frustrate Users
BitForex reassured users it will continue to process withdrawals. The defunct exchange blamed the delays on workload and the need for verification. BitForex shutdown following…
Santa Monica Goes Big on Bitcoin with New City Office
The City of Santa Monica has recently created a Bitcoin Office page on its official website. The page intends to provide education on Bitcoin to…
Tether CEO: MiCA Risks Bank Runs, Not Stability
Tether CEO warns MiCA’s 60% EU reserve requirement poses systemic risks for stablecoins. Ardoino cites bank instability, like SVB’s collapse, as a risk in MiCA’s…
