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.
Crypto Crash: Ethereum Plunges as US, Japan Stocks Slide
Ethereum dipped to $2,111, aligning with the major downturn in the crypto market. The US and Japanese stock markets experienced a severe downward pull, impacting…
Why is BTC Crashing? Analyst Blames TradFi Markets, Predicts Imminent Rebound Soon
Samson Mow thinks the main Bitcoin bull run is around the corner. Mow blamed TradFi markets for Bitcoin’s recent decline. Bitcoin fell 14.5% in the…
Amber Group and HashKey Capital Question ZKX’s Abrupt Closure
Amber Group addresses itself as the investor of ZKX, holding nearly 3 million ZKX tokens. ZKX recently closed its platform, citing minimal user engagement and…
Genesis Pays Out $4B to Creditors, but Crypto Market Tanks
Genesis begins distributing approximately $4 billion in digital assets and cash to creditors. Bitcoin creditors will receive 51.28% recoveries in-kind while Ethereum creditors receive. The…
Trump’s Bold 2024 Vision: Bitcoin and the US Debt Solution
Trump plans to use Bitcoin to reduce the $35 trillion US debt if elected in 2024. He aims for the US to lead the global…
Ripple Q2 Report Out: XRP Dips, Adoption Up
Ripple's Q2 2024 report reveals increased institutional adoption despite XRP price volatility. XRP Ledger transaction volume declined in Q2, while average transaction cost surged. The…
Grayscale’s Big Bet: Will $147M in Bitcoin, Ethereum Pay Off?
Grayscale, a major crypto holder, transferred $147M in Bitcoin and Ethereum, sparking market speculation. Massive crypto transfers raise concerns of potential sell-off or routine portfolio…
FBI Warns of Rising Crypto Exchange Impersonation Scams
FBI warns of scammers impersonating cryptocurrency exchange employees. Scammers use urgent messages to trick victims into revealing account information. Report cryptocurrency scams and fake job…
Bitcoin HODLers Strong: Mt. Gox Selloff Fails to Dent Market
Bitcoin long-term holders control 45% of the network's wealth, a historically high level. Mt. Gox creditor distributions have not significantly impacted Bitcoin's market resilience. HODLing…
Montenegro Court Approves Do Kwon’s Extradition to South Korea
Montenegro approves Do Kwon's extradition to South Korea over Terraform Labs' collapse. Court rejects U.S. extradition request in high-profile cryptocurrency fraud case. Do Kwon to…
