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.
SEC Files Interlocutory Appeal: Ripple CTO Explains Legal Aspects
David Schwartz comments on the SEC’s recent filing of the interlocutory appeal in the ongoing SEC-Ripple lawsuit. Schwartz clarifies that the SEC has the right to move forward with the...
Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details
A fraudulent version of the Friend Tech token was used in an exit scam. The deployer withdrew liquidity and stole 135 ETH ($226.5k). The community suffered 12 scams in seven...
Data Shows Promoter of Binance FUD Adam Cochran Is An FTX Affiliate
Critics spread FUD about Binance, arguing that it may be about to crumble like FTX. One of the FUD promoters is an FTX affiliate, Adam Cochran. Cochran raised concerns about...
Cryptocurrency Returns in an Opportunity Zone, According to Firm
The blockchain intelligence firm Santiment revealed in a tweet earlier today that the market caps for several cryptocurrencies have fallen considerably over the past week. Consequently, the post added that...
3AC Founders Face Scrutiny After Dubai Regulator Imposes Fine
Bankrupt crypto hedge fund Three Arrows Capital (3AC) founders have once again made headlines with another scandal. According to Bloomberg, Su Zhu and Kyle Davies have been fined by the...
SEC Chair Gary Gensler Takes Aim at Artificial Intelligence
Gary Gensler, the man at the helm of the U.S. Securities and Exchange Commission (SEC), has revealed that artificial intelligence (AI) is on his radar. In a recent post on...
Crypto Analyst’s 15-Minute Chart Strategy for Predicting Trend Reversals
Annii, a host on the Crypto Banter YouTube channel, says trading is all about funds’ movement across various markets. When trading, money can move between different ecosystems (like cryptocurrency to...
ETH Could Rise to $1,980 as Reports Show Trump Holds $250K in ETH
According to a tweet by Watcher.Guru, financial records show that the former U.S. president, Donald Trump, holds a fair amount of Ethereum (ETH). According to the post, the president holds...
Trading Volume in the Cryptocurrency Market on a Decline: Report
The blockchain intelligence firm Santiment revealed in a tweet today that traders are showing disinterest in the cryptocurrency market as trading volumes have dropped over the past few weeks. The...
Crypto Exchange Huobi Holds On for Dear Life in Rollercoaster Week
The company recently announced plans to list PayPal’s new stablecoin. The allegations come at a time the company tries to secure a regulatory license in Hong Kong. Crypto Exchange Huobi...
Aave DAO Greenlights ‘aCRV OTC’ Proposal For CRV Token Acquisition
Aave aims for CRV liquidity via rewarding pools, guided by veCRV dominance. Aave’s community passed the “aCRV OTC” proposal, securing CRV through USDT utilization. Aiming to secure 5 million CRV,...
Institutional Giants Prepare for Bitcoin ETF Battle After Regulatory Nod
Eric Balchunas, a Senior ETF Analyst at Bloomberg, recently took to Twitter to share promising indications about the future approval of a Bitcoin exchange-traded fund (ETF). According to Balchunas, insights...
ADA Accumulation Reaches Its Highest Level Since September 2022
Cardano (ADA) whales holding 100K-10 million ADA have accumulated back to their highest level since September of 2022, according to a Twitter post shared earlier today by the on-chain analytics...
China Communist Party Launches War Against Crypto-Enabled Fraud
In a resolute declaration, the Communist Party of China has taken a firm stance against the rising tide of overseas telecommunications fraud executed via crypto technology. Specifically, the government denounced...
CertiK Alert Issues Red Flag on a Discord Server Breach, Honeypot Scams
CertiK alerts the community of the Clique Discord breach. SeaPad token scam drained liquidity, flagged by CertiK Alert for deployer-linked manipulation. CertiK Alert uncovers $40k liquidity theft in MOAM scam....
NYAG Investigates Barry Silbert’s DCG Over Ties With Genesis
Barry Silbert’s Digital Currency Group is undergoing scrutiny by the New York Attorney General. The regulator is investigating the DCG over its dealings with Genesis Global Capital. Details of the...
Musk Affirms Twitter Will Never Launch Crypto Amid X Token 10,000% Surge
A Supposed Twitter-linked token X skyrockets 10,000% within 24 hours. Elon Musk dismisses token launch rumors, asserting, “We never will”. Dogecoin designer’s cautionary tweet prompts cautious reception amid surging tide....
Valkyrie Funds Files to Convert BTF to BTC and ETH ETF From Oct 3
Valkyrie filed to convert their Bitcoin Futures ETF into a spot Bitcoin and Ethereum ETF. The Fund plans to change its principal investment strategy to a different management exposure. Valkyrie’s...
Arbitrum, Optimism And Tron Manage To Avoid Curve Exploit Contagion
A report by JPMorgan found that Optimism and Arbitrum avoided the impact of the recent attack on Curve Finance. JPMorgan analysts stated that the decentralized finance space started shrinking following...
Bankman-Fried Media Suspected of Propagating Latest FUD Round on Binance
FUD targeting Binance came from a media linked to FTX’s SBF. Bitboy labels SBF an “evil genius” and questions media manipulation within crypto. Calls for heightened vigilance and discernment surface....
Crypto Analyst Calls Out SEC for Controversy in the Ripple Case
Mr. Huber, in a Twitter post, alleges that the SEC didn’t want to discuss XRP status with Ripple Labs. The crypto analyst also accused the SEC of favoring crypto entities...
SEC’s Treatment of Ethereum vs. Ripple: Why Did They Play Favorites in Crypto?
Newly uncovered documents have brought to light intriguing insights into the operations of the Securities and Exchange Commission (SEC) and its decision-making process in the realm of cryptocurrencies. A crypto...
SOL, KAS, DOGE, LTC, CRV May Present Big Trade Opportunities
An analyst from Crypto Banter predicted that KAS, CRV, LTC, SOL, and DOGE may present big trade opportunities soon. The analyst predicted that LTC could rise to $142 if it...
SAND, MANA, AXS Holders Suffer as Metaverse Tokens’ Prices Slump
The market intelligence platform, IntoTheBlock, recently posted that most SAND, MANA, and AXS holders are running at a loss. Negative price changes in the metaverse ecosystem are causing tokens to...
INJ, LINK, DOGE — 3 Altcoins to Watch This August: Analyst
Michael van de Poppe, the renowned cryptocurrency trader and analyst, revealed in his latest technical analysis that he will be watching Injective (INJ), Chainlink (LINK), and Dogecoin (DOGE) for trade...
