Market
Welcome to Coin Edition’s landing page for everything related to the Market! On this page, you can find content such as Market News, Market Analysis, and Price Predictions. Coin Edition ensures that our readers are up to date with everything related to the market 24/7 and all over the globe. Staying tuned to the Market is important in the growing blockchain world and it is our responsibility at Coin Edition to compile them all for our readers’ sake. Therefore, let’s dive into the fun, volatile, and often unexpected world of the Blockchain and Cryptocurrency Market here at Coin Edition.
Nigeria vs Binance: Lawmaker Denies $140M Bribery Claim
The House of Representatives Committee on Financial Crimes Chairman, Ginger Onwusibe, vehemently denied Binance’s recent claim that Nigerian authorities solicited a $140 million bribe. In a press conference, Onwusibe dismissed...
Solana Value Spikes 5.46% to $149: What Happened Behind the Scene
Solana (SOL) blockchain has, for the first time, outpaced the Ethereum network in terms of profitability, causing SOL’s value to surge. On-chain analyst Dan Smith brought attention to this significant...
ALEX Lab Offers 10% Bounty for Return of $4.3M in Stolen Assets: Will the Hacker Bite?
The ALEX Lab Foundation, grappling with a recent security breach that drained over $4.3 million from its Bitcoin DeFi application, has embarked on an unconventional route to recover the stolen...
GameStop’s GME Soars Over 73% in a Day as Experts Predict Altcoin Boom
Retail investor darling GameStop (GME.N) has seen its stock soar for the third consecutive day as posts from Keith Gill, known as “Roaring Kitty,” have sparked chatter about his return...
MetaLawMan Criticizes the SEC’s Disgorgement Filling
Popular cryptocurrency attorney James Murphy, also known as MetaLawMan, has raised concerns about the SEC’s approach to filing a disgorgement against Ripple. Murphy’s reservation about the filing is mainly related...
Robinhood Rolls Out Solana Staking in Europe, Offering 5% APY
Prominent American trading platform Robinhood Crypto has launched Solana (SOL) staking for its European customers. Robinhood announced this development in a press statement dated Wednesday, May 15. Emphatically, European users...
Crypto Personality Disagrees With Court’s Decision Against Tornado Cash Developer
Managing Partner at Cinneamhain Ventures Adam Cochran sharply criticized the reported court decision against the Tornado Cash developer Alexey Pertsev calling it a “gross misapplication of the law and a...
Hong Kong Crypto Customer Scammed in Alleged HK$1M ‘Hell Money’ Scheme
According to reports by the Hong Kong Police Force (HKPF), three employees of a crypto exchange shop in Tsim Sha Tsui have been detained following allegations of a cryptocurrency scam. ...
Memecoin Mania: Over One Million New Tokens Launched Since April
The cryptocurrency market has witnessed a surge in token creation, with over one million new tokens launched since April. This explosion, driven largely by the explosion of memecoins, has raised...
Bitcoin’s BTC Trades Sideways, Bullish Breakout Anticipated
In the past two months, Bitcoin has maintained a sideways trading pattern following a significant rally that drove its price past previous all-time highs. This period of stability raises questions...
Circle, Behind USDC, Eyes US Listing with Headquarters Move
Circle Internet Financial Ltd., the issuer of the widely-used stablecoin USDC, announced its intention to relocate its legal base from the Republic of Ireland to the United States. This move...
FTX Collapse: Salame Requests Lenient Sentence, Claims Innocence
Ryan Salame, a former executive at the now-bankrupt cryptocurrency exchange FTX, has requested a lenient 18-month prison sentence in connection with the fraud case surrounding the company’s collapse. Salame, who...
Huobi HK Withdraws VATP License Application for the Second Time
Recent reports state that HTX’s Hong Kong subsidiary, Huobi HK, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) for the...
Ethereum ETH’s Price Slumps as Analyst Warns of More Bear Market Drops
Ethereum has experienced significant price fluctuations in the past few weeks, aligning with a broader crypto market decline. According to CoinStats data, Ethereum (ETH), the second-largest cryptocurrency, has seen a...
El Salvador Mines Bitcoin Using Volcano Power, Boosting Holdings
El Salvador has substantially increased its Bitcoin holdings by mining nearly 474 bitcoins in the last three years. This achievement, powered by the country’s geothermal energy plants, elevates the government’s...
Bitcoin ETF Experienced $100M Net Inflow Despite GBTC $50M Outflow
According to data from Soso Value, there was a total net inflow of $100.5 million into the Bitcoin spot ETF market on Tuesday, May 14, 2024. Delving into the inflow...
Consensys Revolutionizes Crypto Safety with MetaMask’s Smart Transactions
As reported by Wu Blockchain, a crypto news reporter, the blockchain firm Consensys has introduced Smart Transactions. This innovative technology, set to roll out globally as an optional feature on...
DAI Supply Continues to Surge: 24% Increase in Over Two Months
The supply of leading stablecoin DAI has seen a remarkable growth spree since early March, with a 24% increase in just over two months, rising from 4.42 billion to 5.48...
MicroStrategy Joins MSCI: Crypto Goes Mainstream
MicroStrategy, the company famous for its massive Bitcoin holdings has been added to the MSCI World Stock Index. This move reflects the increasing acceptance of cryptocurrency in the traditional investment...
Vanguard Appoints Former BlackRock Executive Salim Ramji as New CEO
Vanguard made waves in the digital asset sector, naming Salim Ramji, a former BlackRock executive, who oversaw the launch of the asset management firm’s Bitcoin Exchange-Traded Fund (ETF), as its...
BlockTower Capital Suffers Losses in a Recent Hack, Hacker Unidentified
The institutional investment firm BlockTower Capital has reportedly suffered significant losses from a recent exploitation. A recent Bloomberg report stated that the company’s total loss in the hack remains undisclosed,...
Ripple Moves to seal Documents in SEC’s Battle: What’s Behind the Sealed Documents?
James K. Filan, a defense lawyer, claimed that Ripple, the blockchain firm that created the XRP cryptocurrency, has filed a motion to seal some of the documents related to its...
Paradigm Launches Linear Altcoin Options Trading on Deribit Exchange
Paradigm, the leading liquidity network for derivatives traders, has made a significant stride by expanding its offerings to now include linear altcoin options trading. This expansion was marked by the...
Can BONK, PEPE, DOGE, and SHIB Prices Continue to Increase?
At a time when most cryptocurrencies are consolidating, meme coins are proving that this market condition is a supercycle for them. This was evident from the prices shown on CoinMarketCap....
Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto
The U.S. CFTC has made a significant crackdown on the crypto industry, taking enforcement action against Falcon Labs, a Seychelles-based crypto prime brokerage firm. As per a press statement on...
