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.
Pink Drainer Strikes Again, Steals $4.42M in Chainlink (LINK) Heist
Crypto hacking group "Pink Drainer" steals 275,700 LINK tokens, valued at $4.42 million, through a phishing attack. The victim clicked on a phishing link, deceived…
Top 10 Layer 2 Tokens Primed for a 2024 Breakout: Scaling Up the Future of Crypto
Scaling solutions in the crypto ecosystem has become a dire need, especially for the Ethereum (ETH) blockchain. So, it was not surprising that many Ethereum…
Crypto Hedge Funds Rebound, Predicting “Token Mania” in 2024
Crypto hedge funds are rebounding in 2023 after a tough 2022. Despite the recovery, the average fund performance still lags behind Bitcoin's rally. Bitcoin's price…
Shiba Inu Team to Automate SHIB Burns Amid Community Concerns
Shiba Inu responds to community calls for clarity by advancing towards automated SHIB token burn processes. Shiba Inu Coin expands with new initiatives amidst reliability…
Binance Broadens Margin Trading: Dogecoin and Major Cryptos Added
Dogecoin gains traction as Binance diversifies margin pairs. Binance's strategy evolves with major cryptos in the margin trading lineup. By widening crypto options, Binance adds…
Yield Farmer Turns $9k to $9,853,086 in 2 Days: Here’s How
A yield farmer has skilfully turned a modest $9,414 sum into a $9,853,086 portfolio. He attained the feat by trading the new OmniCat (OMNI) meme…
Prometheum Earns Approval For A SEC-Compliant Crypto Investment Firm
Prometheum’s SEC application has been reportedly cleared for final approval. A FINRA publication shows Prometheum can now operate anywhere in the US. Aaron Kaplan said…
Nigeria’s Crypto-Friendly Move Aids Yellow Card’s Plan to Expand
Yellow Card Exchange plans to apply for a license in Nigeria to expand its crypto services to the country. The exchange’s move follows the CBN’s…
SEC Apologizes for Freezing Crypto Firm Assets with False Claims
SEC apologizes for misleading judge to freeze crypto firm assets based on inaccurate claims. Judge scolds agency for potentially undermining case integrity with false statements.…
Hong Kong Becomes First Asian Market to Greenlight Crypto Spot ETFs
Hong Kong regulators declared their willingness to entertain applications for spot crypto ETFs. The Hong Kong Stock Exchange expresses its intention to capitalize on the…
