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.
Ripple Will Be Billed a Minimum of $250,000; Says XRP Attorney
John Deaton commented that Ripple would be billed a minimum of $250,000 for verifying its documents. He stated that the same legal assistants scrutinizing Ripple’s files would check the SEC’s...
Singapore’s Whampoa Group Plans Digital Bank in Bahrain
Bloomberg reported that Whampoa Group, a well-known private family office based in Singapore, intends to establish a digital bank in Bahrain. The bank’s offerings will encompass continuous payment and settlement...
HK Commences e-HKD Pilot Program For Retail CBDC Development
The Hong Kong Monetary Authority (HKMA) has kickstarted its e-HKD pilot program, paving the way for the potential implementation of a retail central bank digital currency (CBDC) in Hong Kong....
Lawyer Contests DOJ Skyrocketing Crypto Crime Claim, Demands Evidence
Lawyer questions DOJ’s claim of increased crypto crime, demanding evidence. US regulator emphasizes laser-focused mission to target crypto exchanges. The NCET intensifies efforts against crypto investment scams, recovering $112M. Renowned...
Automation to Fix Manual Intervention During Network Issues in Solana
Mert Mumtaz, the co-founder of Helius Labs, took to Twitter earlier today to claim that Solana was addressing the long-standing criticism regarding manual human intervention during network issues. “A new...
Binance Halts LUNC, USTC, & KAVA Trade For Terra Classic & Kava Upgrades
Binance, the world’s largest cryptocurrency exchange, has announced its support for the network upgrades of Terra Classic v2.0.1 and Kava 13 mainnet. As part of these upgrades, Binance will temporarily...
US Indicts Russian for Multi-Million Dollar Ransomware Attacks
The U.S. Department of Justice (DOJ) has unsealed two indictments charging a Russian national, Mikhail Pavlovich Matveev, with carrying out ransomware attacks against critical infrastructure in the United States and...
Celsius’ Latest Bitcoin Mining Stats Show Signs Of Improvement
The Celsius Network has increased the number of Bitcoin mining rigs deployed by 18% in April as compared to the previous month. As of April 30, 2023, the bankrupt crypto...
Crypto Analyst: Cardano is Primed for a Significant Bull Run
Cardano’s native cryptocurrency, ADA, is primed for a significant bull run, says Dan Gambardello, founder at Crypto Capital Ventures. In a video analysis uploaded on YouTube, Gambardello revealed that with...
Crypto Market Rally is Over, Bitcoin Will Fall to $12K – Analyst
CryptoCapo said the recent price rally across the cryptocurrency market has ended. According to CryptoCapo, the recent rally is a retracement in a continuing bearish trend. The analyst predicts Bitcoin...
XRP Surges 7% in Response to the Latest Court Development
Ripple XRP surged by 7% following the latest court judgment. Judge Torres denied SEC’s motion to seal documents related to Hinman. The XRP community is anticipating a favorable outcome for...
Federal Reserve Bank of Chicago Breaks Down Crypto Runs of 2022
The Federal Reserve Bank of Chicago releases a letter on crypto runs of 2022. The bank’s letter covers the details of major crypto platforms that collapsed in 2022. The collapsed...
Escape High Ethereum Gas Fees: HEX Founder Advocates PulseChain
Richard Heart, the founder of HEX, said that PulseChain is an alternative to evade ETH’s high gas fees. A wallet address spent 29.82 ETH for 3.04% gas usage in the...
Crypto Insider on the SEC: “An Embarrassment to the United States”
Crypto Personality Adam Cochran calls the SEC’s slow-paced rule-making to be an embarrassment to the United States. Journalist Eleanor Terrett highlighted the SEC’s active filing and proposal of new rules...
Only Twelve of Top 50 Cryptos Implement On-chain Governance
Twelve out of the top fifty cryptos ranked by CoinmarketCap implement on-chain governance. The top cryptos with on-chain governance are DOT, ATOM, UNI, TON, ICP, LIDO, APT, ALGO, FTM, AAVE,...
Macroeconomic Factors Pose Threat To BTC Price Growth: Report
A report released by CryptoQuant this morning reveals that although BTC has the potential to move up, there are three factors that could prevent this. A decline in holdings by...
PEPE Can Still Make a Rebound After Predictable Decline
PEPE’s decline after surging 1,200% in the first week of May was predictable. The decline followed a trend established by older meme coins like SHIB and DOGE. There could be...
Crypto Twitter Deliberates Over the Fate of Ripple’s XRP Escrow
The intensifying legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has led users on Twitter to wonder if the destruction or “burning” of the blockchain’s firm’s...
Accumulate Altcoins One Year Before Bitcoin Halving: Analyst
According to the renowned crypto analyst, and founder of Eight Global, Michael van de Poppe, the ideal time to accumulate altcoins is one year before the Bitcoin halving event. Based...
Ethereum Staking Hits Record High With 8.6% Return; 3.4M ETH Deposited
Token Unlock shared Ethereum staking reached a record high with 8.6% annualized rate of return. 3.4 million ETH were deposited and 2.67 million ETH were withdrawn after Shanghai upgrade. stETH...
Bitcoin Outshines Traditional Currencies as Preferred Safe Haven
A survey by Bloomberg’s MLIV Pulse highlighted a significant change in investor sentiment amid a looming United States debt default risk. Bitcoin rises above traditional safe haven currencies such as...
Crypto Analyst is Bullish on ETH, Untapped Yield Potential
In a recent analysis, Adam Cochran, partner at Cinneamhain Ventures (CEHV), highlights why he remains bullish on cryptocurrencies, particularly Ethereum (ETH), shedding light on the untapped potential of yields in...
DOJ Aims to Stamp Out Money Laundering by Focusing on Crypto Mixers and Exchanges
The U.S. Department of Justice’s chief of the National Cryptocurrency Enforcement Team has announced the agency’s intention to take strict action against crypto exchanges that disregard money laundering regulations. The...
John Deaton Highlights SEC’s Schizophrenic Defense in Ripple Case
Crypto Law’s John E Deaton has accused the U.S. Securities and Exchange Commission (SEC) of presenting Schizophrenic defenses in the lawsuit against blockchain solutions firm Ripple. Deaton recently highlighted the...
CertiK Alert Reports Bitpaid Faces 81% Drop And $30K Loss Due to Exploit
Exploit detected on Bitpaid (BTP) contract address leading to 81% drop and $30K loss. BTP token holders’ count during the drop was 11,074, with a token value of USD 0.08....
