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.
Armstrong Responds to Grewal’s Comment: SEC Settles Kraken Case
Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc, the American-based publicly traded cryptocurrency exchange tweeted in response to the comment of the company’s Chief Legal Officer, Paul Grewal,...
China Could Be A Catalyst For Crypto Market In 2023
Popular crypto influencer Lark Davis believes that China could play a major role in the crypto market this year by inducing a bull market. According to Davis, the opening up...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
Yesterday, the International Monetary Fund (IMF) stated that the risks related to El Salvador’s adoption of bitcoin are yet to materialize, yet its crypto usage still needs openness and attention....
U.S. Parliament Summons SEC Chair Over Role in FTX Investigation
The U.S. Parliament has issued an ultimatum to Gary Gensler, chairman of the Securities and Exchange Commission (SEC), asking him to provide information concerning the commission’s investigation of FTX. Gensler...
Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours
The global crypto market cap dropped 4.02% over the last 24 hours according to CoinMarketCap. As a result, the global crypto market cap stands at $1.02 trillion. Arguably one of...
Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor
The liquid staking platform Lido’s governance token has spiked after Coinbase CEO Brian Armstrong cultivated a rumor that the US Securities and Exchange Commission (SEC) might ban staking for retail...
Market Anticipates Dip In February: Santiment On Trader Skepticism
Crypto analytics platform Santiment tweeted that after a positive crypto price action in the month of January, the market can anticipate a dip in February. The platform added that trader...
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
Founder of Dynamo Defi Analytical Space Patrick Dynamo Defi has tweeted about the blockchain-based platform Tron’s performance. According to his tweet, “more than 50% of USDT,” was present on the...
Dogecoin Holder Revives 2 Million DOGE Wallet After 9 Dormant Years
A Dogecoin [DOGE] holder owning more than 2 million meme token revived the dormant wallet on 5 February after 9.1 years, reported Whale Alert. As of the writing of this...
Crypto Gaming Set for Bull Run With Play-and-Earn: Crypto Influencer
Crypto trader and investor Lady of Crypto declares that Play-to-Earn (P2E) is dead in crypto gaming and Play-and-Earn is what’s on the rise instead. In a recent tweet, Lady of...
Reports Reveal: SBF’s Psychiatrist Played Coach to FTX Employees
Latest reports reveal that Sam Bankman-Fried’s (SBF) psychiatrist was hired as an in-house coach for the Bahamas-based company and witnessed its downfall. Dr. George Lerner, SBF’s personal psychiatrist was hired...
Bullish Trend Emerges for CAKE; Price Up 12.79% in 7 Days
As per CoinMarketCap, the trading volume of PancakeSwap (CAKE) stands at $88,815,460, with a 24-hour decrease of 2.59%. This has led CAKE to secure the 59th position in the cryptocurrency...
ADA Sees 105 Transactions of $100,000+; Market Rife with Activity
The crypto market cap is once again above $1 trillion, and the market now seems to be heating up. A crypto enthusiast took to Twitter earlier this morning to share...
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...
BlockSec Asks Binance Coinbase and MEXC to Help Phishing Victims
The on-chain auditing platform BlockSec has called on Binance, Coinbase, and MEXC Global to investigate a phishing report from one of its users. According to the report, BlockSec traced ETH...
Protocol Labs Dismisses 21% of Employees to Counter Crypto Winter
Protocol Labs, the open-source research, development, and deployment laboratory, announced that the company has decided to discharge almost 21% of its employees in order to tackle the unfavorable conditions of...
BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks
The blockchain security platform, Blocksec, destined to provide reliable security services through its cutting-edge research, spotted and informed the crypto aspirants about “some suspicious behaviors” on Binance Smart Chain (BSC)....
Huobi Exchange Lists FTX Users’ Debt Token ‘FUD’ on Spot Trading
Huobi Global, the leading Chinese crypto exchange, has said it will list FTX’s Users’ Debt (FUD) starting this week for spot trading. The business announced this development via its website...
ADA up 65% In 2023 as Sharks and Whales Continue Accumulation
Santiment, the blockchain intelligence firm, tweeted today regarding Cardano’s price performance in 2023 so far. According to the tweet, the price of Cardano (ADA) has risen 65% in 2023. The...
“Fight The SEC’s Overreach,” Tweets Crypto Attorney Deaton
John E. Deaton, the founder of CryptoLaw, argues that the mere fact that a cryptocurrency was offered or sold as an investment contract does not make it a security. John...
Australian Government Changes Financial Structure To Regulate Crypto
Avoiding an “exhaustive, bespoke taxonomy” for cryptocurrencies, the Australian government has adopted a framework that separates cryptocurrency into public networks or smart contracts on the one hand, and intermediaries or...
Binance Collaborates with Kazakhstan’s largest Airline Air Astana
Binance, the biggest cryptocurrency trading exchange in the world, has declared a partnership with Kazakhstan’s largest airline, Air Astana. The partnership facilitates airline customers to exchange their accumulated flight reward...
India States IMF is Working with G20 for Crypto Regulation plan
According to the latest reports, India revealed that the International Monetary Fund (IMF) is working with G20 on a framework that would define crypto regulations. On Thursday, Economic Affairs Secretary...
Australia Seeks to Add More Tools to Police the Crypto Sector
In the aftermath of the worldwide collapse of the FTX exchange, Australia has revealed its intentions to provide its authorities with extra resources, including increased personnel for the Securities Commission...
‘Bitcoin Miner Greenwashing,’ Claims American Environmentalist Group
Environmental Working Group (EWG), the American activist group, has called Bitcoin Miners’ shift to nuclear power “greenwashing.” The Washington-based firm claims crypto mining operations, such as Cumulus Data, are falsely...
