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.
Korean Financial Institute Raises Concerns Over Spot Crypto ETFs
The KIF has decried the impact of spot ETFs on the nation’s local economy. Crypto ETFs risk siphoning investment from local markets, potentially stunting domestic…
Mt. Gox Trustee Initiates Bitcoin, Bitcoin Cash Payouts to Creditors
Mt. Gox to start Bitcoin and Bitcoin Cash repayments to creditors by July 2024. 142,000 BTC and 143,000 BCH will be distributed, resolving long-standing claims.…
Bitcoin ETF Outflows and Fed Uncertainty Drive Cryptocurrency Market Decline
Bitcoin falls below $63,000 due to prolonged ETF outflows and broader economic uncertainty. Top 100 digital assets drop 5% in a week, signaling reduced risk…
Asia’s Microstrategy? Metaplanet’s Bold $1B Bitcoin Bet
Metaplanet to buy 1B yen in Bitcoin with bond funds. Bitcoin for long-term holding recorded at cost, exempt from market value taxes. Bitcoin for operations…
Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO
USDT trading volume on Tron briefly surpassed Visa’s average last week. The 24-hour trading volume on Tron Network reached $53 billion on June 21. Volksbank…
Will Tokenized Assets Reshape Finance? McKinsey’s $4 Trillion Forecast
McKinsey predicts tokenized financial assets could hit $2T by 2030, with cash, bonds, and ETFs leading early adoption. Tokenization faces adoption challenges due to regulatory…
Football Icon Ronaldinho Pushes for Crypto Adoption, Sparks Debate
Ronaldinho’s post got 2.2M views and 3.4k retweets. ZachXBT accused Ronaldinho of promoting pump-and-dump schemes. High-profile crypto endorsements raise concerns about exploiting fan trust. Brazilian…
Ark Invest CEO Cathie Wood Endorses Trump, Cites Economic Record
Cathie Wood, CEO of Ark Invest, pledges support for Trump in the election, citing strong economic policies. Wood references historic economic performance pre-COVID under Trump,…
EigenDA Launches Free Data Availability Tier for Ethereum Rollups
EigenDA announced that its services are currently free for rollups on the Ethereum mainnet. To safeguard against Sybil and DDoS attacks in the free tier,…
Analyst Predicts a Stablecoin Explosion Following the MiCA Stablecoin Framework
MartyParty forecasts an upcoming stablecoin rally following the implementation of the MiCA stablecoin laws. According to MartyParty, the EU banks, institutions, and stablecoin issuers would…
