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.
Bithumb’s Bank Switch Under Review by South Korean Regulator
Bithumb's bank switch proposal to KB Kookmin Bank under FIU review. FIU clarified that no final decision has been made on Bithumb's real-name account partner…
Kamala Harris Partners with Crypto Experts on Industry-Friendly Policies
Kamala Harris is working with crypto experts to shape pro-crypto campaign policies. Harris aims to distance her stance from Senator Warren and SEC Chair Gensler's…
DeFi Education Fund CLO: Positive Crypto Sentiment is on the Rise
The public’s sentiment toward cryptocurrencies is improving. Five SEC commissioners will face Congress in an ongoing hearing. Regulation has affected the crypto industry’s development in…
Telegram Boosts Web3 Ecosystem With BNB Chain Partnership
BNB Chain integrates with Telegram to simplify managing assets. Telegram’s Mini Apps allow users to access Web3 games, productivity tools, and content directly within the…
BitMEX Founder Arthur Hayes Sells PENDLE Tokens at a Loss
Hayes sells 350K PENDLE tokens at a loss but still holds 1.66M, valued at $5.93M. Pendle recovers 4.24%, showing bullish signs despite Hayes’ partial exit…
Terraform Labs, Behind TerraUSD Collapse, Gets Bankruptcy Approval
U.S. Bankruptcy Judge approves Terraform Labs' wind-down plan. Terraform lost an estimated $40 billion after TerraUSD and Luna crashed in 2022. Do Kwon faces SEC…
Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49
Grayscale's XRP Trust reintroduction signals growing institutional interest in $XRP. The trust offers accredited investors unique access to crypto via net asset value shares. XRP…
Silvergate Collapse: New Claims Challenge Official Narrative
Nic Carter accused the Federal Reserve of playing a role in Silvergate’s liquidation. Carter believes Silvergate was the first casualty in a crypto crackdown campaign.…
Solana Outshines Cardano: SOL Surges, ADA Lags in 2024
SOL has risen more than 600% since September 2023 while ADA rose only 42.3%. Solana has a market cap of $70.92 billion while Cardano’s valuation…
Here’s Why Meme Coins WIF, FLOKI, BRETT, BONK, PEPE Are Pumping Hard Today
WIF saw an 11% increase after a whale's $4.5 million purchase. FLOKI's collaboration with GraFun and the Fed's rate cut have also contributed to broader…
