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.
Coinbase CEO Says Crypto Could have over 2-3 Billion Users in 10 Years
Coinbase CEO Brian Armstrong recently commented on the usability of cryptocurrencies. He retweeted a thread from a Twitter user and Goldfinch CEO Blake West, in which he talks about his...
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
In a shocking revelation, South Korean prosecutors have confirmed that Terraform Labs CEO, Do Kwon sent 9 billion won ($7 million) to a top South Korean law firm, Kim &...
‘SEC Tries to Solve Problems That Don’t Exist,’ Says SEC Commissioner
Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s new approach to crypto regulations, which included expanding the definition of “exchange.” Peirce described...
U.S. Bill Proposes Two-Year Ban on Stablecoins Backed By Crypto
The United States House Financial Services Committee recently unveiled a new bill that seeks to enforce a two-year ban on certain stablecoins. The bill would also pave the way for...
Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation
Bo Shen, the general partner at Fenbushi Capital, has reiterated his position on the funds stolen from his crypto wallet in November 2022. In a recent tweet, the early crypto...
SEC Commissioner Criticizes Agency’s Approach to Crypto Regulation
In an exciting turn of events, Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s regulatory approach towards new technologies and business models,...
US’ Payment Stablecoin Bill Poses Issues Along with Advantages
Jeremy D Allaire, the American technologist and CEO of the digital asset company Circle, wrote on his official Twitter page about the US Draft of the Payment Stablecoin Bill, acknowledging...
Hundred Finance Lending Protocol Loses $7M to Hack on Optimism
Hackers attacked the Hundred Finance multi-chain lending protocol on Saturday, April 15, 2023. According to PeckShield, the blockchain security and data analytics company, the DeFi lending protocol incurred a loss...
Fine and Imprisonment for Violating Stablecoin Issuance Laws
The US Congress released the discussion draft of the 118th Congress First Session, highlighting the requirements for being a payment stablecoin issuer. The draft pointed out that the bill would...
Recent Report Suggests That Crypto Market Is Approaching a Top
Santiment (@santimentfeed) shared their latest crypto market insights in a tweet this morning. In the tweet, Santiment shared their latest insights report for the crypto market, which attempted to identify...
Twitter CEO Elon Musk Claims AI Figured Out His Coded Tweet
Twitter CEO Elon Musk claims to have deleted a recent tweet because Artificial Intelligence (AI) decoded it. The now-deleted tweet, allegedly encrypted, read, “AI APT OTT!”. Musk claimed so in...
Twitter Partners With eToro Instead of Binance: Regulatory Fear?
Altcoin Daily took to their Twitter account to question why Twitter didn’t partner up with Binance recently. This question arose after Twitter partnered with eToro to enable cryptocurrency and stock...
Crypto Flourishes In France As Macron Aims To Build ‘Startup Nation’
Reports detail the sight of excited attendees of a cryptocurrency conference amid piles of garbage is a peculiar juxtaposition on the streets of Paris in late March. While protests and...
Kaiko Data Report Reveals Misleading Market Caps For Crypto Tokens
Kaiko Data’s Research Analyst Conor Ryder has released a report on the liquidity of the top 30 tokens in the cryptocurrency market. Using market depth, volumes, and spreads, Ryder ranked...
Atom Poised for Breakout as Support Builds Up
Atom (ATOM) has gained attention from investors as the cryptocurrency market turns bullish. Despite a prolonged downtrend, the token is now consolidating a robust support level, fueling speculation of a...
Aptos’ Planned Token Unlock Draws Investors’ Attention, APT Surges
The surge of APT tokens continues as $50 million worth of tokens will be unlocked in a planned move that will increase the circulating supply by 0.5%. The unlock is...
RNDR and CFX Are Among the Top Gainers Over the Last 24 Hours
Although things are looking rather green in the crypto market today, there are some cryptocurrencies that stood out from the rest in terms of their performance over the last 24...
CZ Asks Terraport Finance to File Civil Case Against Its Hackers
Binance CEO Changpeng Zhao, better known as CZ, requested Terraport Finance to submit a civil case against the recent Terraport Liquidity wallet hack that stole almost 9.5 million TERRA, 15...
Charles Hoskinson Shares Doctor’s Video About AI In Medicine
YouTuber and physician Vinay Prasad recently uploaded a video discussing how ChatGPT will impact the field of medicine. Cardano’s founder Charles Hoskinson also shared the video with his followers on...
Liqwid Labs Announces That Its TVL Has Surpassed $10 Million
This morning, Liqwid Labs took to Twitter to share some news about the project’s Total Value Locked (TVL). According to the post, Liqwid Labs has surpassed $10 million in TVL,...
ETH Options IV Dropped Sharply Despite Upcoming Shanghai Upgrade
Wu Blockchain (@WuBlockchain) tweeted this morning that Ethereum (ETH) options Implied Volatility has seen a sharp drop despite the impending Shanghai upgrade. According to the tweet, the main reason for...
Data Shows That a Fresh Wallet Received 172.2M DOGE From Binance
Lookonchain (@lookonchain) tweeted this morning that a new Dogecoin (DOGE) wallet received 172.2 million DOGE from Binance earlier this morning. According to the tweet, the value of the DOGE amount...
YouTuber Reviews Putin’s Move To Back Yuan In Trade With China
YouTuber Crypto Michael posted a new video discussing the change in policy direction by the Federal Reserve and the collaboration between China and Russia play a role in the upsurge...
