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.
Ontario Teacher’s Pension Plan Ditches Crypto Investments After $95M Loss
OTPP avoids crypto industry after $95M loss in FTX; CEO emphasizes caution and member feedback. FTX investment by OTPP and other reputable investors indicated crypto's…
Serum Promoting Shitcoins in Their Renamed Twitter Page, Says ZachXBT
Crypto sleuth ZachXBT has exposed Serum's Twitter account. The Twitter account with 200k+ followers deleted all tweets and changed the profile picture. Luka, the renamed…
‘The SEC Has Caused Untold Harm To America’: Coinbase CEO
Coinbase CEO, Brian Armstrong, spent an entire day in Washington DC discussing crypto regulation with Congress members. Armstrong highlighted the need for regulatory clarity in…
The Top Ad for Imtoken on Chinese Google Search Is A Scam Site: Report
A phishing scam targets users of the Imtoken wallet via search engines. The scam uses Google Docs to commit fraud, prompting cybersecurity firm SlowMist. Previously,…
DOGE May Receive a Price Pump Tomorrow, Shares Trader
The crypto Kaleo stated in a tweet yesterday that DOGE may receive a meme pump tomorrow. Tomorrow will be 4/20, which is a day that…
Chinese Banks Seek Crypto Partnerships Amid 4.5% Q1 GDP Growth
China's Q1 GDP grew 4.5%, the fastest in the past year, driven by consumption and retail sales. Resurgence in consumption has been attributed to easing…
Spot Volume Hits $2.8T in Q1, with DEXs Outperforming CEXs: Report
Crypto market cap grew by 48.9% to $1.2T in Q1 2023. Top stablecoins lost $6.2B in market cap, while Tether gained dominance. NFT trading volume…
South Korea May Bring New Lawsuit System for Crypto Criminals
South Korean regulators are considering a new class action legal system to hold crypto criminals liable for damages. The proposed legal system would target those…
Michael Saylor Defends BTC Mining Amid Criticisms of Energy Consumption
MicroStrategy founder Michael Saylor defends Bitcoin mining saying it reduces energy bills and does not causing pollution. Saylor argues that Bitcoin miners function as data…
Coinbase CEO Says Crypto Could have over 2-3 Billion Users in 10 Years
Coinbase CEO Brian Armstrong stated that cryptocurrencies have quite a lot of usage beyond speculation. He said if the growth continues, cryptocurrencies will have 2-3…
