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.
Breaking: OKX Jumpstart Introduces RUNECOIN Mining By BTC Staking
OKX Jumpstart, a leading centralized exchange (CEX), has recently introduced RUNECOIN (RSIC•GENESIS•RUNE) on the platform. As per the official announcement dated April 29, 2024, OKX Jumpstart will commence RUNECOIN mining...
Tornado Cash’s ‘Motion to Dismiss’ is Unsuited For Early-Stage Motions – DOJ
The DOJ has opposed the motion filed by Tornado Cash co-founder, Roman Semenov. According to the DOJ, Semenov’s filing is unsuited for early-stage motions. The DOJ argued why the Tornado...
XRP Army: Here’s What to Expect in SEC-Ripple Case This Week
XRP price surged by 2.5% to reclaim $0.5245 but retained a 16% loss in 30 days. Ripple filed motions contesting the SEC’s $2 billion penalty for alleged securities law violations....
Tornado Cash Legal Saga: DOJ Presents Evidence of Developer Control
On Friday, the U.S. Department of Justice rejected Tornado Cash developer Roman Storm’s request to dismiss criminal charges. They argued that the defense’s filing contained disputed facts more suitable for...
Ethereum Founder Publicly Admits PoW Had Centralization Issues
Ethereum co-founder Vitalik Buterin has voiced that the proof-of-work (PoW) consensus, which Ethereum previously operated on, has a considerable doze on centralization. Buterin shared this perspective in a recent post...
US Regulator Closes Republic First Bank, Fulton Bank Assumes Deposits
The Federal Deposit Insurance Corporation (FDIC) declared the closure of Republic First Bank sparking debate among the crypto community. While the Pennsylvania Department of Banking and Securities seized the Philadelphia-based...
Japanese Yen Falls To Multi-Year Lows: Will Banks Adopt XRP By 2025?
Recent reports revealed a subsequent decline in the Japanese Yen, keeping investors anxious. While the Yen dropped to a multi-year low, SBI CEO Yoshitaka Kitao’s previous statement on the potential...
Top 37 Tokens Like XRP, ADA Still Available at Massive Discounts in This Bull Cycle
The cycle’s crypto bull market commenced in late 2023, specifically around October, but took full shape this year when Bitcoin cracked its 2021 all-time high. However, some digital assets are...
MicroStrategy May Qualify S&P 500 Inclusion with New Accounting Standards
Benchmark reports that MicroStrategy could qualify for S&P 500 inclusion if the firm adopts new accounting standards. The report also forecasts a gain of $300 per share in the first...
ARK Invest Sells Off BITO, Embraces ARKB for Crypto Future
Investment company ARK Invest, led by Cathie Wood, has completed selling its holdings in the ProShares Bitcoin Strategy ETF (BITO), a move that suggests a shift in the business’s approach...
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,...
