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.
Binance Close To Figuring Out Hacker Behind $570M Crypto Attack
Binance was attacked by a hacker withdrawing $2 million in BNB tokens totaling to $570 million. The crypto platform is “narrowing down” the hacker’s identity after receiving tips from law...
Is Bitcoin (BTC) Losing Its Market Dominance to Altcoins?
50% of exchange trading volume yesterday was altcoin trading volume. Historical data shows that this altcoin dominance is something to worry about. ETH has risen more than 2% while BTC...
ADA’s Price Rises After Hoskinson Discusses Cardano’s Future
Charles Hoskinson discussed the future of Cardano with Ben Armstrong. Investors reacted positively to the interview as ADA’s price rose over the last 24 hours. ADA’s price may retrace slightly...
Bitcoin, Ethereum See Sideways Drift, Casper Rise by 27%
Global market cap touched $918 billion , up less than 1% from the previous day. Bitcoin is in the consolidation phase and trading at near $19,222. Klaytn (KLAY), Chiliz (CHZ),...
Vitalik Buterin’s Joke Tweet Causes Emergence and Rise of DIE Token
A new memecoin emerges from the shadow after Vitalik Buterin’s tweet. Interestingly, the price of the memecoin surged over 5,100% in the last 24 hours. DIE gets listed on some...
Terra ClassicUSD Rises By 12% in a Backdrop of Falling Prices
Terra Classic USTC observes a 12% rise in value in 24 hours. The hike comes after low tax burn rates get approved. USTC trading volume increased by 180%. The Terra...
Cardano’s Charles Hoskinson Slams Vitalik for Crossing Lines
Cardano’s founder bashes Vitalik for saying that solo validators should be censored. Hoskinson says that enabling lone censors to impact the network will ultimately cause demise. Experts have disagreed on...
Celsius is Wasting Money on Lawyers: Declares Crypto Community
The crypto community complains about the legal expenses Celsius is incurring. Recent reports revealed that the bankrupt firm incurred over $3 million in legal fees. A committee of creditors appointed...
IOHK’s Charles Hoskinson Reacts To Not Being On CoinDesk List
Charles Hoskinson did not make it to CoinDesk’s 2022 most influential people list. “We make our own path,” responds Hoskinson. CoinDesk’s poll is live till October 24. Cryptocurrency news platform,...
The U.S. Charged 7 People for Using Crypto To Evade Sanctions
U.S. DOJ has filed charges against five Russians and two Venezuelans The alleged were charged with running a global money laundering network The accused used USDT to circumvent sanctions The...
FTX CEO, SBF Releases Draft That Proposes Crypto Regulation
CEO of FTX release a draft of set standards that could be enacted in the crypto space. The draft touches on important aspects of the industry and considers real-life scenarios....
Arca CEO Optimistic About the Closer End of Crypto Winter
Rayne Steinberg opined that the crypto winter would soon end. He said that for more than a month the crypto space had been viewing correlations broken down to broader asset...
Most of the Top 10 Cryptocurrencies Appear in the Red
XRP is currently trading at $0.475 after a 3.39% drop in price. SOL is currently in the red by more than 2%. MATIC was able to strengthen against BTC and...
Is ADA at Risk of Dropping Out of the Top 10 Cryptos List?
Crypto bears are suppressing ADA’s price – creating new price bottoms. ADA could lose its spot in the top 10 cryptos list if bear dominance continues. The price of ADA...
Ethiopia Bans Foreign Exchange Requests for ‘Non-Priority Products’
The Ethiopian government has directed banks to deny foreign currency requests for non-priority products. Minister Melaku Alebel Addis said the move would help local businesses expand The limitations are in...
Mirna Develops Blockchain VAT Platform: Oman Ministry Acknowledges
Egyptian engineer, Mirna’s puts forward blockchain VAT accounting platform. Mirna’s Blockchain VAT accounting platform accepted by the Oman Ministry. “blockchain is the future” said Mirna and suggested that the public...
Over 180 Active Crypto ETPs Bet Funds On Bitcoin: Morgan Stanley
Funds are betting on the long-term appeal of Bitcoin. Over 180 new ETPs have launched since the bear market started. 95% of them are focused on Bitcoin and Ether. While...
A New Hike: Bitcoin and Ether Rising Above All-Time Low
Bitcoin and ETH exhibited a positive beginning this week. BTC price rose 1.4% to $19,670 on Monday. ETH price increased 1.3%, with its price rising above $1,300. The leading cryptocurrencies,...
Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
Cobie from UpOnly has criticized FTX and Binance for listing Aptos. Aptos made its debut on the mainnent on October 17. Another critic says Aptos currently has a lower TPS...
‘FTX CEO Works Behind the Scenes To Create BitLicense,’ Says Ben
Ben Armstrong points fingers at FTX CEO for working under the hood for a BitLicense. ‘Federal BitLicense will make decentralized and peer-to-peer transactions illegal’, says Armstrong. A crypto enthusiast stated...
Snoop Dogg’s Video ‘Crip Ya Enthusiasm’ is the First Collab in Web3
“Crip Ya Enthusiasm” featured performance captured by Web3 business Astro Project. It is the first music video created with blockchain-based Ethereum. In the Web3 area, celebrities are becoming well-known voices....
Mastercard Launches New Program Connecting Digital Assets and Banks
Mastercard launches a program to involve financial institutions in crypto trading. The company would act as a bridge between Paxos and banks. The card would handle regulatory compliance and security...
Need To Keep Pressure Around Burning $LUNC: Crypto Analyst
Twitter account TravladdCrypto asked his followers to burn $LUNC to support the community. $LUNC is struggling at $0.0003. Binance CEO said the crypto exchange would support LUNC burn. After LUNC...
Crypto Market Cap Rises 0.8% As Marginal Gains Enter the Market
Crypto market cap is up 0.80% after marginal 24-hour gains in the crypto market. XRP, Terra, and Stellar dropped in price during the same time period. Growing fears of a...
Japan Revises Six Laws To Combat Cryptocurrency Money Laundering
Japan revises six laws related to the Foreign Exchange Act. The bill proposes an increase in penalties for crimes related to money laundering Crypto exchanges will now be required to...
