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.
Hong Kong Becomes First Asian Market to Greenlight Crypto Spot ETFs
Hong Kong regulators declared their willingness to entertain applications for spot crypto ETFs. The Hong Kong Stock Exchange expresses its intention to capitalize on the…
Bulgarian Prosecutor Closes Case Against Nexo For Lack of Evidence
The Bulgarian Prosecutor's Office has closed its investigation into Nexo. According to reports, the case against Nexo was closed due to lack of evidence. In…
SEC Issues Deadline for Spot Bitcoin ETF Players to Finalize Changes
SEC recently convened with reps seven firms aiming to introduce spot Bitcoin ETFs. ETFs.Executives at the meetings revealed that the SEC had set a deadline…
Arbitrum (ARB) and Optimism (OP) Are Ready to Run: Analyst
ARB and OP may be ready for an upward run, an analyst opined. ARB was overbought but an entry around $1.10 could be perfect before…
Paxos Receives Regulatory Nod from NYDFS to Offer USDP on Solana
Paxos acquires regulatory nod from the NY DFS for its expansion to Solana. The platform will issue Pax Dollar on Solana on January 17, 2024.…
Nigeria’s Apex Bank Lifts Ban on Crypto, Issues Fresh Guidelines
The Central Bank of Nigeria (CBN) released a circular containing guidelines on virtual assets service providers (VASPs). The circular signaled a shift from the CBN’s…
Hashdex Names BitGo as Bitcoin ETF Custodian in Amended Application
Hashdex has updated its Bitcoin ETF filing, naming BitGo as its custodian. The crypto asset management company also changed the name of its Bitcoin Futures…
BitMEX Co-Founder Predicts the Death of Bitcoin Following ETF Launch
BitMEX co-founder Arthur Hayes predicts the destruction of Bitcoin following the ETF launch. Hayes asserts that the success of traditional finance platforms’ ETFs will result…
Solana Soars, Sparking Speculation: Can the ‘Ethereum Killer’ Live Up to the Hype?
SOL’s YTD performance is an 809.50% increase after starting the year below $10. Solana’s TVL has been recovering, but Ethereum stays on top of other…
SEC ‘Regrets’ Misleading Statements in DEBT Box Case, Coinbase CLO Skeptical
Judge scrutinizes the SEC for false claims in the DEBT Box case SEC “regrets” and plans mandatory staff training following misleading statements in the DEBT…
