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.
Celsius CEO Mashinsky Used Customer Funds to Buy CEL: Crypto Netizen
Twitter user Aaron Bennett tweeted how Celsius CEO Alex Mashinsky utilized customer funds to manipulate the price of CEL. According to the details from his recent tweet, the total amount...
CEO of Analytic firm: CPI News Today Could Push Bitcoin Sideways
Matthew Dixon, the CEO of Evai, a leading AI crypto rating platform, claimed today was Consumer Price Index (CPI)’s day and that its outcome could affect the price of Bitcoin...
AI Token on the Rise; ChatGPT Team Shares Crucial Insights
Arif Khan, CEO and founder of Alethea AI, the company behind the wildly popular ChatGPT, believes democratization of core skills will occur through language models such as ChatGPT. Khan was...
Crypto Lawyer Thinks Michael Saylor Doesn’t Understand Securities Laws
The argument about what constitutes a security contract remains a hot topic within the crypto industry. Recently, the well-known crypto lawyer, John Deaton, fired back at the chairman of MicroStrategy,...
Polygon Records Over $11.4M in Daily Trading Volume on OpenSea
Polygon, the layer 2 scaling solution that runs on Ethereum, experienced a spike in its daily trading volume on the OpenSea NFT marketplace. The daily volume spike came after a...
Metaverse Will Hit $5 Trillion in Investments by 2030: McKinsey
According to research by McKinsey, a global management and consulting firm, the metaverse could generate up to $5 trillion across consumer and enterprise use cases by 2030. That is equal...
‘US Exchanges Lose To Foreign Exchanges’: ARK Invest CEO Cathie Wood
ARK Invest Founder, CEO, and CIO, Cathie Wood replied to a Twitter thread discussing staking-as-a-service in the US with “US exchanges lose to foreign exchanges.” The conversation started when Castle...
Armstrong Responds to Grewal’s Comment: SEC Settles Kraken Case
Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc, the American-based publicly traded cryptocurrency exchange tweeted in response to the comment of the company’s Chief Legal Officer, Paul Grewal,...
China Could Be A Catalyst For Crypto Market In 2023
Popular crypto influencer Lark Davis believes that China could play a major role in the crypto market this year by inducing a bull market. According to Davis, the opening up...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
Yesterday, the International Monetary Fund (IMF) stated that the risks related to El Salvador’s adoption of bitcoin are yet to materialize, yet its crypto usage still needs openness and attention....
U.S. Parliament Summons SEC Chair Over Role in FTX Investigation
The U.S. Parliament has issued an ultimatum to Gary Gensler, chairman of the Securities and Exchange Commission (SEC), asking him to provide information concerning the commission’s investigation of FTX. Gensler...
Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours
The global crypto market cap dropped 4.02% over the last 24 hours according to CoinMarketCap. As a result, the global crypto market cap stands at $1.02 trillion. Arguably one of...
Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor
The liquid staking platform Lido’s governance token has spiked after Coinbase CEO Brian Armstrong cultivated a rumor that the US Securities and Exchange Commission (SEC) might ban staking for retail...
Market Anticipates Dip In February: Santiment On Trader Skepticism
Crypto analytics platform Santiment tweeted that after a positive crypto price action in the month of January, the market can anticipate a dip in February. The platform added that trader...
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
Founder of Dynamo Defi Analytical Space Patrick Dynamo Defi has tweeted about the blockchain-based platform Tron’s performance. According to his tweet, “more than 50% of USDT,” was present on the...
Dogecoin Holder Revives 2 Million DOGE Wallet After 9 Dormant Years
A Dogecoin [DOGE] holder owning more than 2 million meme token revived the dormant wallet on 5 February after 9.1 years, reported Whale Alert. As of the writing of this...
Crypto Gaming Set for Bull Run With Play-and-Earn: Crypto Influencer
Crypto trader and investor Lady of Crypto declares that Play-to-Earn (P2E) is dead in crypto gaming and Play-and-Earn is what’s on the rise instead. In a recent tweet, Lady of...
Reports Reveal: SBF’s Psychiatrist Played Coach to FTX Employees
Latest reports reveal that Sam Bankman-Fried’s (SBF) psychiatrist was hired as an in-house coach for the Bahamas-based company and witnessed its downfall. Dr. George Lerner, SBF’s personal psychiatrist was hired...
Bullish Trend Emerges for CAKE; Price Up 12.79% in 7 Days
As per CoinMarketCap, the trading volume of PancakeSwap (CAKE) stands at $88,815,460, with a 24-hour decrease of 2.59%. This has led CAKE to secure the 59th position in the cryptocurrency...
ADA Sees 105 Transactions of $100,000+; Market Rife with Activity
The crypto market cap is once again above $1 trillion, and the market now seems to be heating up. A crypto enthusiast took to Twitter earlier this morning to share...
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...
BlockSec Asks Binance Coinbase and MEXC to Help Phishing Victims
The on-chain auditing platform BlockSec has called on Binance, Coinbase, and MEXC Global to investigate a phishing report from one of its users. According to the report, BlockSec traced ETH...
Protocol Labs Dismisses 21% of Employees to Counter Crypto Winter
Protocol Labs, the open-source research, development, and deployment laboratory, announced that the company has decided to discharge almost 21% of its employees in order to tackle the unfavorable conditions of...
BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks
The blockchain security platform, Blocksec, destined to provide reliable security services through its cutting-edge research, spotted and informed the crypto aspirants about “some suspicious behaviors” on Binance Smart Chain (BSC)....
Huobi Exchange Lists FTX Users’ Debt Token ‘FUD’ on Spot Trading
Huobi Global, the leading Chinese crypto exchange, has said it will list FTX’s Users’ Debt (FUD) starting this week for spot trading. The business announced this development via its website...
Latest news
