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.
CertiK Alert: Feet Labs’ Discord Server Breach Detected
The Discord server of Feet Labs has been compromised, according to the latest reports. The warning was shared by CertiK Alert, a platform that shares on-time alerts regarding crypto scams...
El Salvador Boosts Tech Industry by Removing Taxes on Innovations
El Salvador has signed a law that eliminates taxes on technological innovations. The initial announcement of the bill was made in March 2023. Nevertheless, El Salvador President Nayib Bukele has...
Bill Morgan: The SEC Stretching the Howey Test in Case Vs Ripple
According to digital assets enthusiast Bill Morgan, there is no doubt the US Securities and Exchange Commission (SEC) is trying to stretch the Howey Test in its case against Ripple....
Potential Sale of PacWest Bancorp Discussed Amid Stock Price Drop
PacWest Bancorp is exploring strategic options following the collapse of First Republic Bank. As its shares continue to plummet, the bank has announced that it is in talks with various...
Armstrong Calls Out Senator Warren For Anti-Crypto Stance
Ben Armstrong, better known as BitBoy Crypto, has taken aim at Elizabeth Warren, the Democratic Senator from Massachusetts. The crypto influencer called out Senator Warren for her corrupt practices and...
CryptoQuant’s Author MAC.D Explains Drop In ETH Price
Leading on-chain data analytics provider CryptoQuant’s author MAC.D diagnosed the fall of Ethereum’s (ETH) price. The cause and effect relation is intricately explained in an article published by CryptoQuant on...
Bank Failures May Be ‘Appetizer’ to a Larger Crisis: Coinbase ex-CTO
Recently, experts in the crypto community have been arguing over the potential for a financial crisis and bank failures, mainly in the United States, given the U.S. Federal Reserve (FED)’s...
CakeDeFi CEO Reveals Shocking Truth About Crypto Custody Providers
CakeDeFi CEO Julian Hosp took to Twitter earlier today to post a video titled ‘The Shocking Truth About most Cryptocurrency Custody Providers.’ In the one-minute-long video, Hosp explained the concept...
Coinbase vs. SEC: Court Mandates Timely Response on Regulatory Clarity
In a recent development, the Third Circuit court ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s formal rulemaking petition on digital asset regulation within 10 days,...
WallStreetBets’ WSB Token Tanks 90% Amid Rug Pull Allegations
The WSB token affiliated with the popular finance subreddit WallStreetBets has tanked more than 90% amid allegations of a rug pull after insiders dumped several hundred thousand worth of WallStreetBets...
‘Relist XRP on Coinbase’ Trends Again as Legal Officers Hangout
Crypto users suspect Coinbase may relist XRP after seeing Ripple Chief Legal Officer (CLO), Stuart Alderoty, hanging out with Coinbase CLO Paul Grewal. In a tweet, Grewal thanked Alderoty for...
Federal Jury Convicts Former OpenSea Exec In Insider Trading Case
A federal jury in New York has convicted former OpenSea executive Nate Christian for perpetrating what has been described as the first NFT insider trading case. The U.S. Attorney’s Office...
Cryptominers to Pay for Costs They Impose on Society: US Govt.
The United States government has officially made a landmark decision to mandate miners of crypto assets to pay for the cost implication of their mining activities to society. In a...
Users Anticipate Another Price Surge as PEPE Lists on BitMEX
Investors project that PEPE’s listing on BitMEX could ignite another significant rally after the token has shown to be one of the most profitable coins in the crypto industry this...
Top 5 Altcoins That Could Rally Significantly in May 2023
Based on early signals, PEPE, RNDR, EGLD, VET, and STX constitute the top five altcoins watched by investors in May 2023. The altcoins have revealed the potential to deliver impressive...
Glassnode Alerts Users of Volatility, Discusses Ancient Coins
On-chain market intelligence platform Glassnode recently addressed the revival of 3.2k ancient Bitcoin in one of its recent YouTube videos. The video covers various topics, including the ancient token, Mt....
Celsius to Pursue Fraud Claims Against UK-Based Subsidiary, CNL
Simon Dixon, the CEO of BankToTheFuture and a regular commenter on the bankruptcy case of the ill-fated crypto lender Celsius, has dropped another update regarding the ongoing court case. Dixon...
BNB Chain, Solana, Ethereum Lead in On-chain Active Addresses for April
The BNB Chain, Solana, and Ethereum had the most on-chain active addresses in April 2023, according to data from Nansen, the blockchain data and research firm. Although these blockchains topped...
‘Shame on US regulators,’ John Deaton Calls Out the SEC
John Deaton, the renowned crypto lawyer and vocal advocate for Ripple, posted a 15-tweet long thread earlier today detailing the SEC’s many follies. Documenting the timeline of the SEC’s actions,...
Former SEC Lawyer Raises Concerns Regarding Binance’s Future
Former SEC Enforcement Division Lawyer John Reed Stark has accused Binance, the world’s largest cryptocurrency exchange, of various illicit activities, raising questions about the platform’s future. Stark pointed to a...
Popular Analyst Shares Latest Developments In The Crypto Space
Well-known crypto analyst and Web3 content creator, Cody Buffinton, shared a new video on Altcoin Buzz’s YouTube channel a few hours ago about some of the latest happenings in the...
Moskowitz Law Firm Serves Crypto Influencer Legal Notice On Twitter
The Moskowitz Law Firm has obtained permission from a Florida district court judge to serve legal notice to Tom Nash, a cryptocurrency YouTuber, via a tweet. This came after lawyers...
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