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.
Crypto: A Solution to the Death of the American Dream
Global Macro Investor’s founder Raoul Pal tweeted about the slow wages in the US not compensating for the rising costs. Pal said that US citizens…
HSBC Praises XRP’s DLT For Cross-Border Payments; BOA Patent Surfaces
JackTheRippler posts Bank of America's patent on Ripple's Distributed Ledger Technology. In June, HSBC praised Ripple's DLT for cross-border payments and efficiency gains. HSBC's FX…
Crypto Casino Stake Quickly Recovers After $41 Million Hacking Loss
Crypto casino Stake experienced a security breach that led to major assets being lost. $41 million worth of crypto was drained from Stake’s ETH/BSC hot…
Will Visa’s Expansion of Stablecoin Settlement to Solana Drive SOL Prices Up?
Solana Network continues to pull in partnerships and development despite the market slowdown. Global payment platform VISA today expanded its stablecoin settlement to Solana. SOL’s…
Liquid Staking Up by 292% Since Low Point in June 2022
Liquid staking has become the biggest sector in DeFi with $20 billion in TVL. Lido accounted for 75% of total ETH staked in staking protocols.…
Stellar (XLM) Shows Breakout Potential Amid Heavy Shorting By Traders
On-chain experts are speculating a breakout in XLM after a single-day gain of 8%. The bullish outlook for Stellar comes amid consistent short XLM positions…
Ethereum’s Vitalik-Linked Addresses Transfer Thousands of ETH
PeckShieldAlert announced that Vitalik Buterin-related addresses have been transferring thousands of ETH tokens. The address linked to Vitalik has already allocated 31,000 ETH to four…
$386M on Move as BitBrowser Hacker Transfers Fund to Crypto Mixer
Hackers transferred 70.6% of the stolen BitBrowser funds to crypto mixer eXch. Previously, the hacker moved funds to exchanges, including Binance. The scammer also sent…
Gala Games’ CEO and Co-Founder File Lawsuits Against Each Other
Gala Games’ CEO Eric Schiermeyer filed a lawsuit against True North’s Wright Thurston. The lawsuit alleged Thurston of stealing 8,645,014,077 GALA and selling $130,000,000 worth…
ZkSync Co-Creator Proposes a Novel Hierarchical Onchain Court System
Alex Glochowski proposes a novel governance system that confronts the risks in the blockchain industry. The zkSync co-creator introduces a hierarchical on-chain court system that…
