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.
Ripple’s XRP Plunges as SEC Brief Stokes Legal Woes
SEC's remedies brief impacts Ripple's XRP, prompting a price drop to $0.5217. XRP market cap drops to $28.87B as trading volume plunges 36.7% amid bearish…
LocalMonero and AgoraDesk Shut Down: Users Urged to Reclaim Funds
The team behind LocalMonero and AgoraDesk announces the platform’s closure. The platforms cite internal and external factors as the driving forces behind the closure. The…
Hong Kong Debuts First $1 Billion ETF Liquidity Fund
Hong Kong launches a $1 billion HKD ETF liquidity fund. Aims to improve liquidity and stability in the city's ETF market. Partnership is in place…
Australian Taxation Office Embarks on Crypto Scrutiny, Targets 1.2 Million Accounts
The ATO is scrutinizing an estimated 1.2 million crypto-related accounts for potential tax discrepancies. With the exercise, the ATO aims to uncover unreported transactions involving…
Abu Dhabi Welcomes First Singaporean Crypto Firm with Initial Approval
QCP Capital received initial regulatory approval to operate in Abu Dhabi. The Singaporean firm reported $60 billion in 2023 crypto derivatives volume. UAE's crypto-friendly policies…
Are Stablecoins the Future of Payments? New Study Raises Doubts
Over 90% of stablecoin activity comes from bots and traders, not everyday payments. Lack of user-friendliness is a major barrier to wider adoption of stablecoins.…
Nigeria Set to Ban Peer-to-Peer Crypto Trading Amid Naira Depreciation
Nigeria plans to ban Naira peer-to-peer transactions. The SEC Director General signals forthcoming regulations for crypto exchanges. Naira’s recorded a 65% value loss against the…
Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day
Bitcoin spot ETFs saw significant net inflows totaling $217 million on May 6, 2024. Despite facing outflows and fee challenges, GBTC remains the largest spot…
Crypto Industry Reacts Over The SEC’s Wells Notice to Robinhood
Bill Morgan, thinks there is a lot of bad blood between the crypto industry and the SEC. Morgan thinks the bad blood could degenerate into…
Ethereum Developers Aim to Simplify Crypto Wallet Usage with ‘EIP-3074’
EIP-3074 aims to enhance Ethereum wallets by enabling smart contract control. The proposal has received support for improving wallet UX. Despite this, leaders caution against…
