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.
WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
WazirX discreetly withdrew its funds from Bybit after the $1.5 billion hack. Users have been unable to access their funds since the July 2024 hack.…
Solana Whales Bet on Price Drop: Put Options Spike Before Token Unlock
An upcoming Solana token unlock has triggered a reaction from whales. SOL whales are betting on Put Options for safety. Deribit recorded $32.39 million in…
Differing Paths: Georgia Advances Bitcoin Reserve Bill — SB 228, Montana Rejects
Georgia's SB 228 allows unlimited Bitcoin investments without restrictions or caps. Montana's HB 429 fails due to concerns over taxpayer funds and lack of oversight.…
Yet Another Major Hack Strikes Crypto: Stablecoin Bank Infini Suffers $50M Hack Just Days After Bybit’s $1.5B Breach
Infini suffered a security breach, losing 17,696 ETH. The hacker swapped $49.5 million in DAI for ETH before transferring it to a new wallet. The…
Bybit Closes ETH Gap After Billion Dollar Hack, Proof of Reserves Coming
Bybit nears ETH recovery as exchange closing ETH gap post-$1.5B hack. Bybit to release Proof of Reserves report showing 1:1 asset backing Loans & buys…
Samson Mow Sees $1 Million Bitcoin Ahead, Calls Out Ripple and Solana for Over Inflated Prices
Mow predicts Bitcoin’s $1 million value within the year. Market corrections are due to overpriced altcoins like XRP and Solana. Bitcoin remains undervalued with growing…
Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt
Pump.fun tests AMM liquidity pool to replace Raydium and retain transaction fees. Platform blocks hackers laundering funds from the $1.4B Bybit hack via meme coins.…
Russia Supreme Court Moves to Classify Crypto as ‘Property’ in Crime Crackdown
Russia seeks to classify cryptocurrency as property to combat digital asset crimes. Legal recognition of crypto aims to enhance law enforcement’s seizure capabilities. Past rulings…
Shiba Inu Price Falters as Whale Transactions Plummet 79%
Whale transactions drop 79%, signaling reduced institutional interest in SHIB. SHIB struggles as outflows exceed -$50M, causing sharp price declines. RSI at 39.62 nears oversold;…
Vitalik Buterin: Argentina Crypto Community Strong Despite Meme Coin LIBRA Crash
Vitalik Buterin views the LIBRA collapse as a lesson on the importance of education in crypto. Buterin highlights Argentina's resilient crypto community amid the LIBRA…
