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.
Banks Become Hostile to Crypto Firms Challenging UK’s Crypto Hub
Latest reports revealed that the DeFi-powered crypto fintech, SavingBlocks’ application for a corporate account has been denied by seven banking service providers in London, posing a challenge to the country’s...
Elon Musk Acquires a Stake in Lovin Dubai for $100 Million: Report
According to an official report, Elon Musk has purchased an undisclosed stake in Lovin Dubai, a subsidiary of Augustus Media, for $100 million. The acquisition marks Musk’s first regional media...
Cryptoquant’s Ki Young Ju Approached By Korean SEC For FSS Seminar
Cryptoquant co-founder and CEO Ki Young Ju tweeted “What is the most critical problem in this industry?,” asking his followers what topics he should cover at the FSS seminar. Young...
Celsius Retail Users Who Withdrew below $100k Are Safe From Clawback
The Celsius Network recently released an update on its Chapter 11 bankruptcy plan. It provides a glimpse into the negotiations with retail borrowers and creditors, including treating in-kind crypto returns,...
U.S. Govt Intends To Sell 41.5k BTC Associated With Silk Road
The United States government plans to offload thousands of Bitcoins throughout this year. The bitcoins are associated with the case of James Zhong and the darknet’s popular marketplace, the Silk...
The “Bull Run is Back” Says Renowned Cryptocurrency Influencer
The renowned cryptocurrency enthusiast and founder of G3Vrse, David Gokhshtein, has confirmed the return of the bull run in the cryptocurrency market. In a recent tweet, Gokhshtein, who has almost...
XRP Closes Q1 off up 58.9% Due to Latest Lawsuit Developments
The price of Ripple (XRP) rose by 1.07% yesterday, and partially reversed a 1.93% loss from Thursday. This saw the remittance token ending March off with a 42.82% gain to...
Hold Two Payrolls Cash in Bitcoin as Hedge: VC Tells Businesses
Tim Draper, a billionaire venture capitalist, has advised companies to diversify their cash management plans and keep some of their money in Bitcoin (BTC) and other cryptocurrencies. According to a...
Analyst Identifies HBAR, ADA, and LINK for Immediate Price Rally
A channel host on CryptoBusy, Josh has identified three altcoins with unprecedented buy potential under the current market conditions. According to the crypto analyst, Hedera (HBAR), Cardano (ADA), and Chainlink...
Polygon’s Co-Founder Shares his Concerns on zkEVM Fallacies
Sandeep Nailwal, the co-founder and Chief Operating Officer of the blockchain platform Polygon, commented via his Twitter page about the fallacies and confusions arising on Polygon’s EVM-Equivalent. He responded to...
What to Watch Out for Next as Crypto Market Q1 Comes to an End
The blockchain analysis firm Santiment tweeted this morning after a great successful Q1 for the crypto markets came to an end. According to the tweet, the combined buying power for...
Surge In On-Chain Activity For Arbitrum As Whales Intensify Trading
The Arbitrum network, which utilizes optimistic rollups to enable high throughput as an Ethereum layer 2 scaling solution, has captured the interest of cryptocurrency traders following its highly publicized airdrop....
Tron’s Justin Sun Reportedly Lost Diplomatic Status Last Year
Tron founder Justin Sun, who refers to himself as His Excellency (H.E) Justin Sun, reportedly lost the diplomatic status that allows him to use the grand title. Sun’s diplomatic status...
Court Withholds Babel’s Proposal for Creditor Protection Extension
Flex Yang, the former CEO and founder of the crypto finance service provider Babel Finance proclaimed that the company’s proposal for the extension of creditor protection has been withheld by...
Major AI Coins Have Bounced on Local Support, Says Crypto Rand
Trader and investor Crypto Rand recently dropped a tweet on the AI index. He stated that the AI index has bounced on local support. Rand also added that it is...
FatMan Battles for the Truth Against Rollbit’s ‘Bullsh*t’ Statements
Expressing his resentment, FatMan, a crypto analyst, blasted Rollbit, a self-claimed crypto casino, for their “bullsh*t” statements. Rollbit took to Twitter to address their customer’s concerns about their Curacao license...
On-Chain Data Shows that ADA Rally is Driven by Smaller Investors
Data from IntoTheBlock, the AI platform that provides actionable intelligence for crypto assets, shows a drop in whale activities on the Cardano network in the past 30 days. According to...
Coinbase CEO Says Halting of AI Systems’ Training Is a Bad Idea
The American business executive and CEO of the crypto firm Coinbase, Brian Armstrong, shared his deprecation on the temporary pause of the AI systems that exceed GPT-4. He described the...
‘The Five Pillars of the 21st Century’ According to Charles Hoskinson
Blockchain and cryptocurrency expert Charles Hoskinson, CEO and founder of the blockchain research firm Input Output Hong Kong (IOHK) and creator of the blockchain platform Cardano, shares his insights on...
CryptoQuant CEO Shares Insights About Korean Trader Habits on Twitter
The CEO of CryptoQuant, Ki Young Ju, took to Twitter this morning to add to an old thread from 2021 about the habits of Korean traders when withdrawals are suspended....
Terra Co-Founder Daniel Shin Appears in South Korean Court
Terraform Labs co-founder Shin Hyun-Seong aka Daniel Shin, reportedly appeared at the Seoul Southern District Court in Yangcheon-gu earlier today. South Korean authorities stepped up efforts to arrest Shin shortly...
5 Tokens to Dominate the Altcoin Market in April: Crypto Analyst
In a recent YouTube video, one of the CryptoBusy channel’s hosts, Tom, elaborated on the five altcoins he expects to dominate the cryptocurrency market in April 2023. Tom believes April...
Yuzo Kano Returns to BitFlyer as the Chief Executive Officer
The Japan-based crypto exchange BitFlyer has decided to nominate its co-founder, Yuzo Kano, as the company’s Chief Executive Officer for the second time. The source familiar with the matter reported...
Hong Kong’s Latest Fund Focuses on Fintech Growth with $100M
According to a recent Bloomberg report, Hong Kong continues to solidify its position as a leading fintech hub, with a new digital asset fund set to raise $100 million worth...
‘US Dollar is Now a Risk on Asset,’ Tweets Crypto Analyst
The musical artist and blockchain architect MartyParty posted on his Twitter page that the volume of the US Dollar is diminishing and is about to drop almost 80%. He added...
