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.
Turkey’s Crypto Adoption Surges After Earthquake; 40% Now Own Crypto
Binance research indicates a high cryptocurrency adoption rate in Turkey. 40% of Turkey holds crypto, ranking 12th on the Global Crypto Adoption Index. In the…
Grayscale Chainlink Trust Premium Rate Hits Record High of +223.86%
Grayscale’s GLINK premium rate has hit a record high of +223.86%. GLINK is trading for $44.1, while LINK’s price was $13.62 on November 8. Other…
Floki P2E NFT Project Valhalla Set to Sail on Mainnet in 8 Weeks
Floki's highly-anticipated P2E NFT Metaverse, Valhalla, will launch on the mainnet soon The Floki team employed symbolic imagery of a voyage to convey their community-driven…
USDC Issuer Circle Eyes Fresh IPO After Failed 2022 Bid
Circle is reportedly planning an early 2024 IPO. The company is the issuer of USDC, the second-largest stablecoin. Circle’s plans for an IPO in 2022…
LHV Bank Co-Founder Offers Bounty For $470M Ethereum Stash Retrieval
Rain Lõhmus offers a reward to anyone who could help him recover his $470 million worth of ETH dormant stash. The LHV co-founder underscored the…
The SEC Struggles to Recruit Crypto Experts, Report Says
A U.S. government report found that the SEC faces difficulty hiring crypto experts. Professionals were reportedly reluctant to divest their crypto holdings to work for…
Ava Labs Founder & CEO Announces Layoff, Affecting 12% Of Workforce
Ava Labs founder and CEO Emin Sirer announced that the company has laid off a number of its employees. The firm is downsizing from a…
FTX Unstaked 3.96M SOL and Transferred 750K SOL; Community Expects Bearish Season
Lookonchain reported that FTX unstaked 3.96 million SOL two days ago and transferred 750,000 SOL to Binance and Kraken. The crypto community was expecting the…
South Korea Bans Short Selling Ahead of Upcoming Election
South Korea has banned short-selling until at least June 2024. Shares in South Korea rose Monday morning, with the country’s benchmark Kospi gaining 4%. The…
Sam Bankman-Fried Found Guilty: Is Do Kwon Next?
The SEC filed a summary judgment in the Do Kwon and Terraform Labs case. According to the SEC, Do Kwon and Terraform were involved in…
