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.
BlockTower Capital Suffers Losses in a Recent Hack, Hacker Unidentified
BlockTower Capital has suffered significant losses in a recent hack, according to people familiar with the matter. The hacker and the stolen amount are yet…
Ripple Moves to seal Documents in SEC’s Battle: What’s Behind the Sealed Documents?
Ripple is attempting to preserve critical business information in its legal battle with the SEC, underlining possible dangers to its connections and market status. The…
Paradigm Launches Linear Altcoin Options Trading on Deribit Exchange
Paradigm introduces linear altcoin options trading with a first block trade in MATIC on Deribit. The expansion includes MATIC, SOL, and XRP options, offering direct…
Can BONK, PEPE, DOGE, and SHIB Prices Continue to Increase?
BONK was not overbought, signaling that the price of the token could hit $0.00002852. PEPE might retrace but DOGE might be set to hit $0.17…
Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto
Falcon Labs charged by CFTC for illegal digital asset derivatives trading. This firm will pay $1.76 million for unregistered U.S. customer transactions. The case marks…
XRP Jumps 2.5% Following A Filing By Ripple’s CFO in the Ongoing Litigation
Ripple’s CFO has filed a declaration supporting the firm’s motion to seal its omnibus letter motions. A whale transferred 280 million Ripple shortly after the…
Coins.ph to Trial Stablecoin in Philippines’ Remittance Market, Here’s Why
Approval of Coins.ph's stablecoin trial signals the Philippines' openness to blockchain innovation. PHPC could enhance remittance efficiency, benefiting both senders and recipients. Amidst regulatory changes,…
XRP Analyst Forecasts the Next Cycle Top for September 2024
EGRAG Crypto forecasts XRP's next cycle top for September 9, 2024. His analysis covered the timeframes of previous cycles. EGRAG advises market readiness, noting that…
Cryptocurrency Developers Fight Back Against DOJ’s Money Transmission Stance
DOJ's interpretation of money transmission extends to non-custodial crypto software, challenging industry norms. FinCEN's historical guidance supports non-custodial services, emphasizing asset custody distinctions. Critics argue…
Hong Kong Bitcoin ETFs Hit by Record Outflows; $32M Withdrawn in 1 Day
Hong Kong's Bitcoin and Ethereum ETFs see record outflows of $38 million. ChinaAMC's Bitcoin ETF leads the outflow, contributing to a significant drop in total…
