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.
Hong Kong Lays Groundwork To Trade Virtual Asset for Clients
Industry participants in Hong Kong’s financial services sector are effectively laying the framework to allow retail customers to trade virtual assets in the coming months following a critical amendment to...
Bitcoin ATM Count Grows by 543% From 2020 Amid Bear Market
Data shows that despite the significant turbulence that rocked the crypto market in 2022, the number of new Bitcoin (BTC) automated teller machine (ATM) installations remarkably increased. According to CoinATM...
U.S. Market Recession Imminent in H2 2023: Michael Burry
Famous American investor Michael Burry has predicted that the U.S. economy will go into recession by the second half of 2023. According to Burry, the inflation level has reached a...
Hackers Steal 200+ BTC of Bitcoin OG and Core Developer
Adding up to the crypto theft incidents, Bitcoin OG and core developer Luke Dashj tweeted that many of his bitcoins were stolen, on December 30. Dashj claimed on the last...
Musk Faces a Major Loss of $200 Billion Amid Market Crash Inflation
Twitter CEO Elon Musk’s net worth was $340 billion until November 4, 2021, making him the richest person in the world. However, Musk’s fortune dropped to $137 billion, last month....
Valkyrie Announces Launch of “Valkyrie Opportunistic Fund”
Valkyrie unveiled its new proposal for Grayscale Bitcoin Trust (GBTC) in one of its recent blog posts. The announcement comes amidst the light of recent events associated with Grayscale and...
Crypto Market Sees Massive Drop of Trading Volume in 2022
CryptoCompare data has revealed that daily crypto transaction volumes fell sharply in December 2022. On November 8, the global crypto trade volumes peaked at around $115.33 billion. This number dropped...
Crypto Events 2022; a Festival of Massive Cataclysm and Boon
It is a well-known reality that the crypto/blockchain sector is witnessing all sorts of idiosyncratic advanced technology and related developments. From the bellwether Bitcoin to numerous altcoins, centralized to decentralized...
Kevin O’Leary’s Twitter Account Hacked To Promote Giveaway Scam
Shark Tank star Kevin O’Leary’s aka Mr Wonderful Twitter account was hacked on Thursday and used to disseminate a scam about a bogus Bitcoin and Ethereum giveaway. The scammer used...
FTX Japan Publishes Fresh Roadmap for Customers’ Asset Redemption
According to an official document, the Japanese subsidiary of the now-bankrupt crypto exchange FTX is developing a roadmap towards returning customer assets from February next year. The roadmap comprises a...
Bitcoin Mining Revenue Towards Pre-Halving Levels: Tweets Pierre
Pierre Rochard, the Bitcoin Strategist at the US-based cryptocurrency exchange Kraken recently tweeted that the bitcoin mining revenue of December has been back to the pre-halving level. In his tweet,...
Price of BitDAO (BIT) Has Surged Over the Last 24 Hours
With the majority of crypto prices in the market printing losses, BitDAO (BIT), is one of the very few cryptos that has actually printed a gain over the last 24...
Global Crypto Business Funding Falls from $8B in Q1 to $3B in Q3
The international entrepreneurial magazine Fortune recently counted the top crypto projects that received some of the highest funding in 2022. The report first captured how major investors gradually cut their...
Huobi Closely Tracks Pi Network; Network Awaits PiCT Authorization
On Christmas, Huobi , a crypto exchange company, updated its users with an announcement promising to monitor and support the top crypto projects on its platform. Huobi assured its community...
Celsius Network Files for the Extension of Its Bar Date Until Feb
Early today, the bankrupt crypto firm, Celsius Network announced that it will file a motion later this week requesting an extension of the bar date from January 3, 2023, until...
2022 Proved the Crypto Markets React to News Events: Santiment
The blockchain analysis firm, Santiment, posted a tweet this morning that sheds some hope for the crypto market as 2022 comes to an end. According to the tweet, “2022 has...
Tiffany Fong Slams NY Post For Sensational Article on SBF Interview
Citizen journalist Tiffany Fong has responded to a scandalous New York Post exclusive on her interview with Sam Bankman-Fried. “Jesus fkn Christ,” says Fong while tagging the article. The news...
Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes
The latest tweet by the crypto analytic platform Bloomberg Markets showed that though crypto stays largely unregulated, it “offers no shield against alleged fraud”, referring to the arrest of the...
Investors Sue Winklevoss Twins Over “Unregistered” Gemini Earn
According to Bloomberg, a class action lawsuit has been filed against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, on allegations that the cryptocurrency exchange unlawfully issued interest-bearing...
Latest Research Shows Cryptocurrency Payments Widely Accepted
As per the latest research conducted among 2,333 tech-driven consumers, more than 1 in 3 (35%) prefer merchants accepting crypto payments. The research was conducted in collaboration with the crypto-processing...
XRP Surpasses Both BNB and DOGE In 24-Hour Trading Volume
Data from the crypto market tracking website CoinMarketCap has been catching people’s attention as it indicates that XRP has surpassed both Binance Coin (BNB) and Dogecoin (DOGE) in terms of...
Elon Musk: Possibilities of Liquidation by Swapping Shitcoins
Elon Musk, owner and the Chief Executive Officer (CEO) of Twitter, responded to the crypto journalist platform, Autism Capital’s tweet, simply with an exclamation mark, “!”. Earlier today, Autism Capital...
REP Network Addresses Has Almost Doubled In Just 10 Days
Augur (REP) is one of the cryptocurrencies in the red for the day so far. According to the crypto market tracking website CoinMarketCap, REP is currently trading hands at $4.60...
Cairo Overtakes Rust in Terms of Total Value Locked: Defi Llama
The total crypto market cap has dropped by 1.85% over the last 24 hours according to CoinMarketCap. This has brought the global crypto market cap down to $797.69 billion at...
Celebrity Endorsements in Cryptocurrency Have Backfired in 2022
According to a Bloomberg story, the collapse of cryptocurrency has affected not just retail traders but numerous celebrity endorsers. The report said that nearly all endorsers had experienced financial losses...
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