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.
Japan’s New Bill: FSA To Lift Ban on Stablecoins in 2023
Reportedly, the Financial Services Agency (FSA) of Japan announced that the ban on the domestic distribution of Stablecoins issued overseas would be effectively lifted in 2023. Significantly, Japan’s efforts in...
Media Platforms Tweets Cryptocurrency Market Breakdown For 2022
On Christmas morning, the official Twitter handle for Bloomberg Crypto tweeted a video outlining a breakdown of the crypto market’s biggest events in 2022. The post specifically highlighted how heavily...
LastPass Admits Hackers Stole Source Code and Technical Data
In an official blog dated 22 December, Password management tool LastPass has admitted that attackers stole source code and technical data from their development environment. LastPass said hackers got hold...
Binance Fails To List BNB On Major US Crypto Exchanges
Binance’s BNB token has a market capitalization worth $40 billion, yet, the leading crypto exchange has failed to list it on the major US crypto exchanges. According to analysts, US...
400 Days After $69k, BTC Bear Market Is Ending, Says Chart Analyst
A well-known crypto expert has set a date for the conclusion of the Bitcoin (BTC) bear market. Rekt Capital posted on Twitter yesterday that Bitcoin historically finds its absolute bottom...
Exchanges Move Off an All-Time High Amount of BTC; Reports Suggest
Reportedly, exchanges have been moving off bitcoins, resulting in the all-time high quantity of coins removed. Currently, the amount of the asset removed stands at 18.2 million BTC, while the...
Strong Buy Interest Drives Terra Classic (LUNC) Price Up 6.40% to $0.0001455
The community is voting on a new proposal that would rescind a decision to transfer 50% of all LUNC burns to a community development pool, which has sparked a rally...
‘Time for Patience’: New Strategies to withstand Crypto Winter
The cryptocurrency enthusiast and content creator, Ben Armstrong, released his new video “2023 Crypto Portfolio STRATEGY!” on his YouTube channel BitBoy Crypto. He presented an overall analysis of the portfolio,...
Hong Kong Cops Arrest Two Men in AAX Exchange Bankruptcy Case
Today, the Hong Kong police announced that they arrested two men involved in the AAX exchange case on suspicion of defrauding and misleading police officers. As per reports, The Commercial...
Chainalysis’s Gronager Hopeful for Future of Crypto Regulations
Michael Gronager, co-founder and CEO at Chainalysis, discusses his outlook for crypto regulations and trading for 2023 as he spoke to Bloomberg. As per Bloomberg, one of the anchors asked...
If Bitcoin Halving History Repeats, BTC Could Be Near the Bottom
Experts believe that if Bitcoin (BTC) halving history repeats then the BTC cycle could be nearing its bottom soon. Several on-chain analytics have hinted that Bitcoin is at or nearing...
Waves Trades in Bearish Pattern, Bulls Struggle to Regain Momentum
Waves price analysis shows a bearish continuation as the bulls struggle to regain momentum in the market. The price is currently trading below the $1.5 support level and looks vulnerable...
Crypto Employment Hit Over 80K Recruitments Despite Bear Market
According to data published by Block Research on December 21, the cryptocurrency industry witnessed a rise in the number of employment opportunities despite the market being bearish for most of...
Analysis of MATIC, SOL, and ADA Show Trend Reversals
The 1-Day chart of MATIC/USDT shows that MATIC has been trading between the 200MA and 50MA for an extended period. However, MATIC is still under 50MA and 200MA, meaning the...
CryptoPunks 5822 is the Most Expensive NFT Ever Sold, Reports Nansen
Blockchain analytics platform Nansen’s latest report reveals that CryptoPunks 5822 which was sold for a whopping $23.4 Million, is the most expensive NFT ever. CryptoPunks has ruled the list of...
Youtuber Crypto Capital Venture Says Crypto Is About to Bottom
CryptoYouTuber Dan Gambardello, aka Crypto Capital Venture, warned that crypto is about to bottom. In one of the youtuber’s recent YouTube videos, he stated that the cryptomarket is within 30...
Canada’s Province Pauses Electric Connection for Crypto Mining
Canada’s province, British Columbia has paused new electricity connection requests from crypto miners for 18 months. The move is taken with the aim of supporting British Columbia’s climate action and...
CZ Ranked as the Most Influential Crypto Personality in 2022
The crypto news platform, WhaleChart’s official Twitter account held a poll to determine who has been the most influential person in the crypto industry in 2022. The poll had four...
LINK’s Active Sending Addresses Reach an All-Time High
One of the cryptocurrencies in the green for the day so far is Chainlink (LINK). The crypto market tracking website CoinMarketCap reveals that LINK is currently trading at $5.97 after...
Data Shows People Remain Enthusiastic About Crypto in Bear Market
Although the global crypto market has experienced some of the worst events this year, data shows people are still enthusiastic about the Web3 industry and are far from losing interest....
Intercept, Vox Media & Others To Return Grants By Sam Bankman-Fried
Major media companies have recently announced the return of the grants they received from FTX founder and CEO, Sam Bankman-Fried after the US Justice Department files charges against the bankrupt...
Shiba Inu Leader Shytoshi Kusama Apologizes for Misleading Countdown
Shytoshi Kusama, Shiba Inu’s project leader, released an apology to the community after a mysterious timer posted on its website seemed to disappoint the community. Many in the SHIB community...
ApeCoin (APE) Surpasses Algorand in Market Capitalization
As per the data from CoinMarketCap, ApeCoin (APE) surpasses Algorand (ALGO) in terms of market capitalization. At the time of publication, APE’s market capitalization was $1,286,579,460. ALGO is just $9...
Crypto Becomes Escape Amidst Rapidly Rising Global Inflation Rates
Crypto yield farmer and YouTuber Patrick, also known as @Dynamo_Patrick, posted on his official Twitter account with over 25k followers, the list of countries where inflation is off the roof....
Ethereum (ETH) Is Number One on Lunarcrush’s Top Ten List
LunarCrush the social intelligence platform for cryptos, NFTs and stocks, tweeted its top 10 list of coins by LunarCrush Galaxy Score over the past year. According to the tweet by...
