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.
Report Reveals Vietnam Has Over 16.6M Crypto Holders; 31% BTC Holders
Vietnam has 16.6M crypto holders, second only to Thailand in ASEAN, with a focus on GameFi, DeFi, and NFT. Games and metaverse projects account for…
Crypto Whale Swaps 3.43M LDO for 7.28M AGIX and 2,824 ETH
Loockonchain identified a whale transaction that swapped LDO for AGIX on Binance. The whale transferred 3.43 million LDO, equivalent to $8.2 million, to Binance. In…
Galaxy Digital CEO Mike Novogratz Says It’s Time To Buy Bitcoin
Mike Novogratz recently claimed that the United States is heading toward a credit crunch. The Galaxy Digital executive believes that buying Bitcoins and gold is…
Crypto Market Faces Downturn: Top 10 Coins Trade in Red Zone
Polygon (MATIC), Dogecoin (DOGE), and Cardano (ADA) are all trading in the red zone. Bitcoin reached a 9-month high of $26,000 in the early hours…
RBI and CBUAE Sign MoU: Focuses on FinTech Enhancement
The RBI and CBUAE signed an MoU to enhance cooperation in the innovation of financial services. The MoU intends to correlate both India and UAE…
Gensler Reiterates Proof-of-Stake Tokens Could be Securities
SEC Chairman Gary Gensler has warned that tokens using a proof-of-stake consensus mechanism may be classified as securities. Gensler urges token operators to comply with…
Fed’s BTFP May Administer $2 Trillion to US Banks, States JP Morgan
JP Morgan commented that the Fed’s BTFP would reduce the liquidity crunch in the US Banking system. The Federal Reserve has announced the introduction of…
Voyager Transferred $27.7M Worth Of Crypto Assets To Exchange Coinbase
Voyager transferred over $27.7 million worth of crypto assets to Coinbase, including 270 billion SHIB. On-chain analytics firm Lookonchain suggests Voyager may have been selling…
Wallet Associated With Justin Sun Makes $3.3 Million In USDC DePeg
A wallet associated with Justin Sun reportedly profited more than $3.3 million. The profit was made in a series of trades after USD Coin lost…
Financial Sector is Open to Slow-Rolling Crisis, Says BlackRock CEO
Larry Fink commented that the financial sector is open to a slow-rolling crisis. Fink added that more shutdowns would follow the fall of SVB. The…
