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.
Purchases After Poly Exploit Not Recognized, Informs MetisDAO
MetisDAO clarified that token purchases on BNBChain addresses after Poly Network's exploit would not be acknowledged. The DAO advised to refrain from using METIS contract…
SEC’s Interpretation of Digital Asset Contracts Unlawful: Coinbase CLO
Coinbase's Paul Grewal highlights Congress actively passing legislation on digital asset standards. Grewal argues that the SEC's interpretation of "investment contract" for digital assets contradicts…
Meta To Launch Microblogging Site; Could this Spell Doom for Twitter?
Meta Platforms is rumored to be releasing a microblogging app similar to Twitter. The app will reportedly use Instagram’s account system to automatically fill in…
Controversial Proposal to Appoint CZ as LUNC Leader Sparks Backlash
The LUNC community stirs controversy by proposing to appoint Changpeng Zhao as the leader. Criticism mounts as the community question the seriousness of the proposal.…
South Africa Sets Licensing Deadline for Digital Asset Exchanges
South Africa's financial regulator, FSCA, now requires crypto exchanges to obtain licenses by year-end. FSCA has received 20 license applications so far, with more expected…
Revolut to Delist Solana, Polygon, and Cardano Due to SEC Lawsuit
Revolut to delist Solana, Polygon, and Cardano crypto tokens in the U.S. This was a result of the prior SEC lawsuit against Coinbase and Binance…
DYDX and GRT Record Losses Due to Massive Whale Sell-Offs
Lookonchain’s data shows that DYDX and GRT recorded significant price drops. The price drops were due to massive sell-off by whales across crypto exchanges. Analysts…
Three Arrows Capital Founders Unveil a Shadow Recovery Process
Founder of Three Arrows Capital shares plans for a shadow recovery process. The process will donate the future earnings of OPNX to the creditors. Kyle…
ADA May Trigger a Bullish Confirmation Soon, According to Popular Analyst
Analyst Dan Gambardello predicted that ADA may enter into an 8-9% move in the coming week. The analyst noted that ADA was trading above the…
Europe Accounts For Two-Thirds of The World’s Crypto Jobs
Circle’s Patrick Hensen recently highlighted the crypto-friendly environment in Europe. The Circle executive pointed out Europe’s favorable tax regimes and comprehensive regulations for crypto. Hensen…
