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.
White House Economic Report: Cryptocurrency Falls Short of Promises
The White House Council of Economic Advisers has criticized crypto assets. In the Economic Report of the President, published on March 20, there are over 30 pages detailing the council’s...
DAOs Receive Millions in Airdrop on Arbitrum Ecosystem
DAOs building applications on the Arbitrum ecosystem have received millions of dollars in a separate airdrop distribution. The airdrop distribution was based on factors such as when the protocol launched,...
USDC and USDT Sustain Tight Stablecoin Dominance Contest
Data from Cryptoquant, the on-chain data platform, reveals a close contest between USDC and USDT stablecoins in terms of dominance. According to a Cryptoquant analyst, the market capitalization share of...
Blockchain Association CPO: Keep Government Out of Venture Capital
Jake Chervinsky, Chief Policy Officer of the Blockchain Association, recently spoke about policymakers playing venture capitalist and guessing which technologies will be valuable and which won’t. Chervinsky stated that policymakers...
Cathie Wood Sells $13.5M Coinbase Stock for the First Time in Months
Cathie Wood’s ARK Fintech Innovation ETF sold Coinbase stocks worth $13.5 million. The sell-off is the first sizeable portion of the stock since July 2022. ARK sold 160,887 shares of...
India’s Crypto Revenue Expected to Reach $3.33 Billion in 2023
According to a recent analysis, India’s cryptocurrency revenue is expected to reach $3.33 billion in 2023, with the adoption of crypto by almost 156 million users. Notably, as per the...
Traders Believe BTC Will Continue to Rise in the Coming Days
Renowned crypto analyst and trader Michael van de Poppe (@CryptoMichNL) tweeted this morning that the crypto market leader, Bitcoin (BTC), is slowly grinding upwards. In the tweet, van de Poppe...
Swiss Banks Experience Influx of Inquiries from Cryptocurrency Firms
With the collapse of two major lenders, Swiss banks have seen a surge in requests from cryptocurrency firms seeking stable banking services in a welcoming regulatory environment. Switzerland’s position as...
Smart Money Scores Big With Latest DYDX Move: Lookonchain
On-chain analyst Lookonchain published information on the trades made by a “Smart Money” who made significant transactions on the Binance exchange. The Smart Money allegedly made transactions at optimal times,...
Trader Identifies FUD in the Crypto Market Ahead of FOMC Meeting
The renowned Bitcoin trader and founder of Eight Global, Michael van de Poppe, has tweeted about the current reactions seen among cryptocurrencies ahead of the FOMC meeting slated for tomorrow,...
Euler Finance Approached by Exploiter To Reach an Agreement
On March 21, cryptocurrency sleuth platform CertiK Alert tweeted that the lending platform Euler Finance was contacted by an exploiter through on-chain messages. While the situation could have caused alarm,...
Crypto Influencer vs. FTX Lawsuit: The Twitter Feud Heats Up
Ben “BitBoy Crypto” Armstrong, a prominent crypto influencer, expressed his continued outrage with the FTX lawsuit involving him and other YouTube Influencers. Armstrong has tweeted about the lawsuit and his...
Prevention of Money Laundering Act Enforces Crypto Regulation in India
Regulators in India and globally have identified difficulty enforcing money laundering controls as a critical risk in the crypto ecosystem. The decentralized nature of private crypto assets or currencies makes...
NMKR Founder States NFTs Are Solution to Some of World’s Issues
The founder of NMKR, Patrick Tobler (@Padierfind), shared a recent video by Cardano’s Charles Hoskinson in a tweet this morning. In the tweet, Tobler stated that the recent video by...
Crypto VC Funding Bounces Back Setting Stage for Market Comeback
According to a recent report, the crypto venture capital (VC) market has shown resilience amid a downturn, signaling a potential comeback for the sector in the near future. Despite a...
Arkham: Arbitrum Hacker Transferred Funds To ‘Compromised’ Wallets
Over the last 12 hours, there have been reports of a hacker targeting roughly 2,400 wallets on the Arbitrum network by transferring funds to these wallets, which are believed to...
Justin Sun Declares Interest to Acquire Embattled Credit Suisse
TRON founder and advisor at Huobi Global, Justin Sun, has publicly indicated an interest in acquiring Credit Suisse, the Switzerland-based investment bank. In a tweet, Sun revealed that the successful...
Crypto Frenzy Imminent as Fed Focus On Liquidity Operation
The cryptocurrency community is once again optimistic following a March 19 announcement by the Federal Reserve. The statement highlights the Fed`s efforts to support the economy by collaborating with other...
How the Fall of Swiss Pride For 166 Years Affects Crypto Assets
“Credit Suisse is no more,” reports Bloomberg on Twitter, explaining the downfall of the bank that faced decades of scandals, legal issues, and management upheavals. “Credit Suisse stock has tumbled...
Hong Kong’s Licensing Regime For Virtual Assets To Go Live In June
The government of Hong Kong is actively supporting the development of its crypto industry by interacting with companies operating in the virtual asset industry, along with working towards providing more...
Arbitrum Airdrop Nears; ETH Whales Trading Volume Increases
According to a recent analysis, the transaction volume of the Ethereum whales has increased following the popular Ethereum scaling solution Arbitrum’s announcement on the airdrop of its new token ARB....
Taiwan’s FSC Embarks on the Supervision of Crypto, FSC Head Says
Huang Tien-mu, the Chairperson of the Financial Supervisory Commission of the Republic of China (Taiwan) declared on Monday that the Financial Supervisory Commission would be considered the supreme authority to...
‘Fully Trustless Protocol’: Lido Shares Update On Withdrawal Key Rotation
The most recent announcement from Lido addressed the platform’s move towards decentralization and self-custody, which was a response to previous concerns about its centralization. The update explained the steps that...
Bullish Trends are Highly Manipulated, Says Crypto Analyst
An anonymous crypto trader and analyst, under the pseudonym il Capo of Crypto, after a short break from Twitter, returned with an update on the “bull traps” to the vast...
American Crypto Investors Strongly Need Congress to Support Crypto
The Digital Asset Investor, a popular Twitter account claimed to be for entertainment, retweeted the post of Ryan Selkis, the founder and CEO of the market intelligence platform Messari, in...
