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.
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...
Michael Saylor Discusses about Bitcoin’s Superiority at Bitcoin Conference 2023
MicroStrategy founder Michael Saylor addresses Bitcoin’s superiority at the Bitcoin Conference 2023 held in Miami. Saylor sat down with investor Bill Miller to talk about various things, including the growing...
Blockchain Security Firm Identifies 24 Scam Meme Tokens in Ten Days
There is a surge in the number of rug pull involving meme tokens in the cryptocurrency industry. According to PeckShield, a blockchain security company, it has detected about 24 scam...
Tether’s Advisor Tweets Notable Influence As Top U.S. Treasuries Holder
In a recent tweet, Tether’s strategy advisor, Gabor Gurbacs, pointed out the significant influence of Tether by stating that if it were considered a country, it would rank as the...
IOSCO Unveils Global Crypto Regulation and Digital Markets Strategy
On Tuesday, the International Organization of Securities Commissions (IOSCO) introduced a groundbreaking worldwide strategy for overseeing crypto assets and digital markets, Reuters reported. This regulatory framework incorporates valuable insights from...
Hong Kong’s SFC Enacts Regulatory Framework for Virtual Asset Trading
The Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets in Hong Kong, has released its consultation conclusions on the proposed regulatory...
North Korean Hackers Pose New Crypto Threat Targeting macOS Users
In a concerning event for the crypto community, the North Korean hacker group Bluenoroff has unleashed a new wave of cyber threats by deploying the RustBucket malware, specifically designed to...
Lack Of Clear Crypto Regulation Intentional: Michael Saylor
The co-founder of MicroStrategy and notorious Bitcoin (BTC) fan Michael Saylor, shared some of his thoughts relating to the crypto space in a recent interview at the Bitcoin 2023 conference...
Bitcoiner Sets New Guinness World Record on Bitcoin Pizza Day 2023
The cryptocurrency community made Guinness World Records history on Bitcoin Pizza Day 2023. Notably, Daniel Nita, a Romanian Bitcoiner and crypto influencer, bought 10,000 pizzas with a single Bitcoin. Accordingly,...
WOM Protocol to Receive Massive Grant from Venom Foundation
Web3 marketing solution WOM Protocol has announced that it is set to receive a sizeable grant from Venom Foundation. Venom is the first Layer-1 blockchain licensed by Abu Dhabi Global...
