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.
Are Stablecoins the Future of Payments? New Study Raises Doubts
Over 90% of stablecoin activity comes from bots and traders, not everyday payments. Lack of user-friendliness is a major barrier to wider adoption of stablecoins.…
Nigeria Set to Ban Peer-to-Peer Crypto Trading Amid Naira Depreciation
Nigeria plans to ban Naira peer-to-peer transactions. The SEC Director General signals forthcoming regulations for crypto exchanges. Naira’s recorded a 65% value loss against the…
Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day
Bitcoin spot ETFs saw significant net inflows totaling $217 million on May 6, 2024. Despite facing outflows and fee challenges, GBTC remains the largest spot…
Crypto Industry Reacts Over The SEC’s Wells Notice to Robinhood
Bill Morgan, thinks there is a lot of bad blood between the crypto industry and the SEC. Morgan thinks the bad blood could degenerate into…
Ethereum Developers Aim to Simplify Crypto Wallet Usage with ‘EIP-3074’
EIP-3074 aims to enhance Ethereum wallets by enabling smart contract control. The proposal has received support for improving wallet UX. Despite this, leaders caution against…
KuCoin Strengthens Security with Bugcrowd Partnership to Launch Bug Bounty Program
KuCoin partners with Bugcrowd to launch a bug bounty program to enhance security across its trading platform. The program targets critical vulnerabilities in web and…
Can Legal Battles Secure the Future of Crypto in the US?
Robinhood receives a Wells notice from the SEC for likely enforcement action. Its CEO, Vlad Tenev, vows to take legal action against the SEC if…
Poloniex Hacker Transfers Money to Tornado Cash for the First Time
The Poloniex hacker moved 1,100 ETH to Tornado Cash, as per PeckShield. WuBlockchain confirmed that this is the first time the funds have been moved.…
The SEC Files Remedies Reply Brief, Other Filings To Follow
The SEC has filed its remedies reply brief and supporting evidence under seal. According to James Fillan, the documents filed by the SEC are yet…
SEC Pushes Verdict on Invesco Galaxy Spot ETH ETF to July
The SEC has delayed its decision on the proposed Invesco Galaxy Ethereum ETF. The regulator will now take its decision on July 5, 2024. Similar…
