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.
How President Bola Tinubu Can Improve Nigeria’s Crypto Sector
Bola Tinubu’s emergence as Nigeria’s President could improve the country’s crypto industry. Nigerian netizens hope that by flipping a new page, the nation could discard the current irregularities in the...
Nvidia Stocks Soar 195%, Proving Crypto Skeptic Jim Cramer Wrong
In a surprising turn of events, Nvidia (NVDA) has defied the pessimistic predictions of renowned financial commentator Jim Cramer, who also is a vocal critic of Bitcoin and cryptocurrencies. Cramer...
Bloomberg Analyst Says Defeating SEC May Not Guarantee GBTC ETF
James Seyffart, an ETF Research Analyst for Bloomberg Intelligence, believes that a victory for Grayscale Investments in its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC) may not...
$850M Worth of Token Unlocks Set to Take Place This Week
The tokenomics insights page Token Unlocks noted in a tweet published earlier today that there will be more than $850 million worth of tokens unlocked this week. According to the...
Renowned Trader Predicts Crypto Market Cap Surge to $1.6-1.9T Range
Renowned trader and CEO & Founder of MN Trading, Michael Van De Pope, recently shared insights that have caught the attention of the cryptocurrency community. In a recent tweet, Van...
CFX, DOT, FIL, HT, and OKB May Surge as Chinese Regulation Changes
A crypto trader and analyst Luke Martin shared his top altcoin picks in a recent YouTube video. This video follows the release of a regulatory whitepaper compiled by the Chinese...
‘HK Crypto Future Uncertain,’ Warns China’s Pioneer BTC Exchange Founder
In a recent warning to the crypto community, renowned entrepreneur Bobby Lee raised concerns about Hong Kong’s (HK) long-term commitment to crypto, casting doubt on the country’s digital asset ambitions....
Tranglo Partners With Al Ansari Exchange to Solve UAE Cross-Border Payment
Tranglo, a cross-border payment hub, has partnered with Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the United Arab Emirates (UAE). The collaboration aims to...
US Omits 30% Crypto Tax in New Debt Ceiling Bill; Crypto Twitter Celebrates
In a major victory for crypto miners in the United States, the Biden administration has decided against including the controversial Digital Asset Mining Energy (DAME) excise tax in its latest...
BitMEX’s Former CEO Predicts Bitcoin’s Bullish Period in 2024-2025
The American entrepreneur and former CEO of the crypto exchange BitMEX Arthur Hayes predicted the bullish tendency of the largest cryptocurrency by market cap Bitcoin (BTC) in the following years,...
Temasek is Disappointed with Investments in FTX, Says Chairman
Lim Boon Heng, the Chairman of the Singapore-based global investment company Temasek Holdings commented that the firm is “disappointed” with the outcome of its investment in the beleaguered crypto exchange...
Sei Network Unveils Proof of Personhood, Verified Seilor Role on Discord
Sei Network has completed its Discord upgrade, introducing the Verified Seilor role. The verified badge is to authenticate real humans and combat bots. Sei Network also incorporates BotBasher, a Crypto...
Price of Solana (SOL) Could Rise to $19.933 in the Next Few Days
Solana (SOL) was able to print a 24-hour gain of 1.49% to trade at $19.49. The altcoin was in the process of flipping the $19.49 resistance level into support. SOL’s...
OpenAI CEO Warns of EU Exit Due To Overregulation of AI
OpenAI, the renowned artificial intelligence research organization, has voiced its concerns over the proposed AI regulation by the European Union (EU) AI Act, stating that it may consider leaving the...
Total Crypto Market Cap Drops Slightly to $1.16 Trillion
The total market capitalization of the cryptocurrency market has dropped $1.16 trillion amid slowing market volatility. Data from the cryptocurrency aggregation platform, CoinGecko shows the total crypto market cap reached...
DCG Closes Subsidiary TradeBlock, Citing Difficult Market Conditions
Recent reports revealed that the venture capital conglomerate Digital Currency Group (DCG) has decided to shut down its institutional trading platform TradeBlock which provided trading and brokerage services to investors....
USBTC Acquires Celsius’ Assets to Become Lead Miner in the US
The industrial-scale operator of Bitcoin mining sites US Bitcoin Corporation has acquired assets from the bankrupt financial company Celsius Network, in a fierce auction. According to a press release, the...
Terra Founder Do Kwon and CFO’s Bail Revoked, Next Hearing Looms
In a shocking twist to the Terra-Luna saga, the high court of Montenegro’s capital city has dealt a heavy blow to the embattled CEO of Terraform Labs, Do Kwon, and...
Kiyosaki Calls US Bankrupt with $250T Debt, Asks People to Buy BTC
In a recent tweet, financial expert Robert Kiyosaki warned that the United States is on the brink of economic collapse. He cited the country’s massive debt, unfunded liabilities, and the...
DeSantis Promises to Protect Bitcoin and other Cryptocurrencies
Ron DeSantis, the Floridan Republican Governor, and the US Presidential candidate advocated safeguarding Bitcoin, assuring to protect the rights of individuals to hold and trade cryptocurrencies if he is elected...
Attorney John E Deaton Highlights the SEC’s Definition Gap
In the ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple, prominent attorney John E Deaton has raised compelling arguments against the SEC’s classification of digital assets...
Gemini Founders Explore New UK Base Amid US Anti-Crypto Policies
The Gemini crypto exchange twin founders Cameron and Tyler Winklevoss, famous for their legal battle with Mark Zuckerberg over the creation of Facebook, are contemplating establishing a UK base for...
“Killer Whales” Show Drops Famous Crypto Analyst as Judge Amid FTX Lawsuit
In a surprising turn of events, famous crypto analyst Ben Armstrong, widely known as Bitboy Crypto, recently announced on Twitter that he has been kicked off the upcoming Web3 television...
Crypto Influencer Highlights SEC’s Questionable 2023 Priorities
Popular crypto influencer Crypto Eri recently highlighted some questionable aspects of the Securities and Exchange Commission’s priorities for this year. According to the Commission’s examination priorities for 2023, particular focus...
UAE Emerges as Crypto Hub as US Government Policies Stifle Innovation
The United Arab Emirates (UAE) has become the center of attention with its pioneering Crypto Oasis, gaining recognition as a premier hub for top-tier protocols and cutting-edge infrastructure. Renowned crypto...
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