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.
Why’s Ripple Unlocking 500M XRP Worth $306M in the Middle of the Month?
Ripple unlocked 500M XRP valued at over $306.5 million early today. The transaction fulfills the uncompleted amount of XRP released on April 1. In February,…
Ruffer’s Cash Allocation Amid 1987-Style Meltdown Concerns
Ruffer LLP increased cash holdings to two-thirds of £22 billion. The firm deployed cash income into insurance instruments for potential Wall Street downturns. Ruffer maintains…
Will YFI, CYBER, STRK Unlocks Spark Similar Sell-Offs?
YFI’s momentum was bearish, suggesting a decline to $8,089 in the short term. CYBER might retest $14 if the token hits the oversold region. With…
Anonymous Whale Pulls $24M ENA Token From Binance: Here’s Why
Whale "0xbba" withdraws $24.44 million worth of ENA from Binance in multiple transactions. Simultaneously, the whale engages in staking activities with Ethena Labs. ENA price…
US or South Korea – Who Gets The Terraform Founder?
The Podgorica High Court in Montenegro has approved the extradition of Do Kwon. Kwon’s extradition case was handed over to the Justice Minister for final…
David Schwartz’s Shares Tax Insights on AMM Pools Yield Returns
Ripple CTO David Schwartz emphasizes understanding tax implications in AMM transactions. User shares tweet showing an example of upto 24% AMM high yields upon XRP…
Two US Lawmakers Meet with Majority Leader to Discuss Stablecoin Regulations
US lawmakers Patrick McHenry and Maxine Waters are pushing for a stablecoin bill. The two lawmakers met Majority Leader Chuck Schumer on Thursday. There is…
FTX Co-Founder SBF Appeals 25-Year Sentence for Fraud Conviction
FTX co-founder Sam Bankman-Fried appeals 25-year sentence for $8 billion fraud conviction. Legal battle ensues over allegations of fraud and conspiracy in one of the…
GBTC Daily Outflow Drops to Record $17M as Grayscale CEO Predicts Equilibrium
GBTC experienced a $17.5 million outflow. The figure marks a record low in outflows for the ETF. Grayscale Investments’ CEO noted the company’s funds are…
Sebi’s World-Firsts Overshadowed by Market Flaw
Sebi tests T+0 settlement after T+1 success, aiming for efficiency. Buch stresses faster settlements to compete with cryptos, targeting youth. Sebi Chair encounters legal setbacks,…
