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.
SmartMoney’s $3.84M Investment Strategy: Exchanging $SHIB For $PEPE
SmartMoney reportedly earned around $3.84 million from their investment in $SHIB. According to Lookonchain, as part of their investment strategy, they exchanged a portion of their $SHIB holdings for $PEPE,...
UK Intensifies Crackdown on Unregistered Crypto ATM Operators
The Financial Conduct Authority (FCA) of the United Kingdom has continued its crackdown on illegal crypto Automated Teller Machines (ATMs), inspecting several sites in the South West of England and...
Bug Discovered on Ordinals Protocol Can be Fixed Via Upgrade
A user recently discovered a bug in the Bitcoin Ordinals program. According to reports, inscription No. 3492721 has zero input and zero output but is programmable into the number. The...
OpenSea Attracts 88% Of Polygon’s NFT Trading In Last 3 Months
OpenSea, the world’s largest NFT marketplace, has managed to maintain status quo by attracting the majority of Polygon’s NFT business over the past three months. The digital asset marketplace saw...
Vitalik Buterin Sends 200 ETH to Kraken – What Does This Mean?
Vitalik Buterin, one of the co-founders of Ethereum, has sent 200 ETH (equivalent to around $382796 at current market rates) to an address that belongs to the Kraken cryptocurrency exchange....
Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates
American crypto giant Coinbase delivered a rather optimistic financial update earlier today during its earnings call for the first quarter of 2023. The crypto exchange beat its revenue estimates by...
U.S. Bankruptcy Court Approves M7 Holdings’ Acquisition of LedgerX
LedgerX, a derivatives trading platform previously owned by FTX, has been sold to M7 Holdings LLC, a private equity firm affiliated with Miami International Holdings, Inc (MIH). The announcement was...
Investors Show Concern Over Proposed SUI Tokens Release Schedule
Investors have expressed concern over the proposed SUI token release schedule. Following a tweet by self-described crypto analyst Miles Deutscher, users have questioned the potential of the newly launched cryptocurrency...
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...
