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.
Chainalysis Exposes the Underbelly of Crypto Money Laundering
Traditional money launderers increasingly use on-chain money transmission. Chainalysis reports the large-scale money laundering infrastructure created by traditional money launderers. The majority of transactions in…
The Ghost of Terra: USTC’s Struggle to Regain $1 Peg
TerraUSD (UST) crashed in 2022 and was rebranded to TerraUSDClassic (USTC). The stablecoin is currently trading 99% below its expected price of $1. Terraform Labs…
Assassination Attempt Propels Trump’s 2024 Election Odds to 71% on Polymarket
Donald Trump’s chances of winning the 2024 elections soared to 71%, a new high. Trump’s chances of winning in several swing states also reached new…
BONK Token Soars After 84 Billion Burn, Outperforms Altcoin Market
Bonk DAO burns 84 billion tokens from its treasury, leading to increased scarcity and value for BONK. BONK price rises by 3.38% following the token…
Market Skyrockets on Monday: BTC, MOG, PENDLE, and SNX in Green
Bitcoin rose above $62,000 in the past 24 hours and is attempting a breakout. Whales bought 47,000 BTC at an average price of $57,000. MOG,…
South Korea Delays Crypto Tax to 2028, What Investors Need to Know
Reports hint at South Korea’s further postponement of crypto taxation from 2025 to 2028. The taxation was initially scheduled in 2021, which saw multiple postponements.…
Global Crypto Trading Volume Heads for $108 Trillion in 2024, Driven by Europe and Asia
Global crypto trading volume is projected to exceed $108 trillion in 2024. This surge in trading volume would be driven primarily by Europe and Asia.…
XRP Soars To Monthly High Post-Programmatic Sales Ruling Anniversary
XRP has surged by more than 10% after the anniversary celebration of Judge Analisa Torres’ XRP ruling. Ripple CEO Brad Garlighouse and CLO Stuart Alderoty…
MAGA Surges 35%+ Following Assassination Attempt on Donald Trump
Former US President Donald Trump was shot in his right ear during a campaign rally on Saturday. Following the assassination attempt, Bitcoin has shown an…
SEC Commissioner Crenshaw’s Renomination in Limbo as Political Landscape Shifts
Caroline Crenshaw's renomination as SEC Commissioner faces delays until after the US 2024 elections. Crypto advocates, like Stand With Crypto, push for supportive legislation amid…
