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.
Maple Finance Debuts Treasury Bill Pool for Crypto Investors
In a recent blog post, Maple Finance, a blockchain-based lending protocol, announced its latest cash management pool which invests in one-month U.S. Treasury bills. The facility offers investors an annual...
Crypto Twitter Personalities Celebrate Troll Video of SEC’s Gary Gensler
Crypto influencer Ben Armstrong, known on Twitter as Bitboy Crypto, has recently retweeted a troll video created by The Dev, another popular crypto personality, on Gary Gensler, the infamous Chairperson...
ETH MEV Bot Spends $2M On Gas Fees To Execute Sandwich Attacks
Crypto experts report that sandwich bots are leading the way for investors on newly-launched memecoins like pepe (PEPE) and chad (CHAD). While these memecoins have no inherent worth, they have...
Data Shows Traders’ Optimism Toward Leading Crypto Has Dropped
Santiment stated in a recent blog that during the last 5 weeks, traders’ optimism toward the leading assets in the crypto market had decreased gradually. The blog stated that the...
Smart Money Addresses Have Been Favoring PEPE And AIDOGE
The on-chain analysis platform Lookonchain (@lookonchain) shared a post on Twitter this morning. In the tweet, Lookonchain turned the focus on a number of “SmartMoney” crypto addresses and their most...
Analyst: $1.25T is a Crucial Resistance for Crypto MarketCap
The total cryptocurrency market capitalization is fighting to overcome a crucial resistance, a break of which could initiate a significant rally, according to Michael van de Poppe, founder of Eight...
Crypto Market Recap Q1: 2023 Reflects A Steady Climb
The crypto market in 2023 is breaking out afresh! With the previous year closing with tumultuous lows rather than highs, the new year is ushered in on an upbeat note....
Chinese Banks Seek Crypto Partnerships Amid 4.5% Q1 GDP Growth
According to government data released on Tuesday, China’s gross domestic product (GDP) surged 4.5% in the first quarter of the year, driven by a rise in consumption and retail sales,...
Spot Volume Hits $2.8T in Q1, with DEXs Outperforming CEXs: Report
According to the latest industry report from the market tracking platform CoinGecko, the crypto market started the year strong following a turbulent end to 2022, growing by 48.9% to reach...
South Korea May Bring New Lawsuit System for Crypto Criminals
Financial regulators in South Korea are planning to introduce a new class action legal system in light of the rising malpractices in the crypto industry. The primary objective is to...
Michael Saylor Defends BTC Mining Amid Criticisms of Energy Consumption
MicroStrategy founder Michael Saylor argued against a recent article discussing electricity consumed during Bitcoin mining. According to Taylor, millions of American families benefit from reduced energy bills thanks to Bitcoin...
Top 10 Most Actively Traded Altcoins in the Last 24 Hours
The global crypto market cap has fallen 0.66% over the last 24 hours according to CoinMarketCap. As a result, the total crypto market cap is estimated to be around $1.26...
Crypto Analysis Platform Shares Its Predictions for XRP’s Price
The crypto education and analysis platform EGRAG CRYPTO (@egragcrypto) took to Twitter earlier today to share some price possibilities for Ripple (XRP) in the coming days. The platform decided to...
Coinbase CEO Says Crypto Could have over 2-3 Billion Users in 10 Years
Coinbase CEO Brian Armstrong recently commented on the usability of cryptocurrencies. He retweeted a thread from a Twitter user and Goldfinch CEO Blake West, in which he talks about his...
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
In a shocking revelation, South Korean prosecutors have confirmed that Terraform Labs CEO, Do Kwon sent 9 billion won ($7 million) to a top South Korean law firm, Kim &...
‘SEC Tries to Solve Problems That Don’t Exist,’ Says SEC Commissioner
Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s new approach to crypto regulations, which included expanding the definition of “exchange.” Peirce described...
U.S. Bill Proposes Two-Year Ban on Stablecoins Backed By Crypto
The United States House Financial Services Committee recently unveiled a new bill that seeks to enforce a two-year ban on certain stablecoins. The bill would also pave the way for...
IMF and DCMA Unveil Universal Monetary Unit to Reinforce Banking
The International Monetary Fund (IMF) and the Digital Currency Monetary Authority (DCMA) announced the launch of the Universal Monetary Unit (UMU) during the IMF Spring Meetings 2023. Also referred to...
Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation
Bo Shen, the general partner at Fenbushi Capital, has reiterated his position on the funds stolen from his crypto wallet in November 2022. In a recent tweet, the early crypto...
SEC Commissioner Criticizes Agency’s Approach to Crypto Regulation
In an exciting turn of events, Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s regulatory approach towards new technologies and business models,...
US’ Payment Stablecoin Bill Poses Issues Along with Advantages
Jeremy D Allaire, the American technologist and CEO of the digital asset company Circle, wrote on his official Twitter page about the US Draft of the Payment Stablecoin Bill, acknowledging...
Hundred Finance Lending Protocol Loses $7M to Hack on Optimism
Hackers attacked the Hundred Finance multi-chain lending protocol on Saturday, April 15, 2023. According to PeckShield, the blockchain security and data analytics company, the DeFi lending protocol incurred a loss...
Fine and Imprisonment for Violating Stablecoin Issuance Laws
The US Congress released the discussion draft of the 118th Congress First Session, highlighting the requirements for being a payment stablecoin issuer. The draft pointed out that the bill would...
Recent Report Suggests That Crypto Market Is Approaching a Top
Santiment (@santimentfeed) shared their latest crypto market insights in a tweet this morning. In the tweet, Santiment shared their latest insights report for the crypto market, which attempted to identify...
New Hurdle In Zipmex’s Buyout As Buyer Proposes 90% Discount
The buyout deal of Thailand-based Zipmex has hit yet another hurdle after its buyer, V Ventures, made a proposal seeking a hefty discount on the purchase price of the struggling...
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