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.
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein, the CEO of the American digital currency asset management company, Grayscale Investments, commented that the Securities and Exchange Commission (SEC) acted “arbitrarily”, referring to its rejection of Grayscale’s...
TradingView Tweet Showed BTC’s and ETH’s Comfortable Lead
TradingView (@tradingview) tweeted the list of the 10 largest cryptocurrencies, ranked by market cap, in 2023 this morning. Leading the list are the legacy cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH)....
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
NFT Whale Machi Liquidates 1010 NFTs Worth $17 Million
Popular NFT whale Machi Big Brother has reportedly liquidated more than a thousand NFTs from his massive collection of digital artworks over the past 48 hours. A massive sale was...
Crypto Enthusiasts Rejoice: Robert Kiyosaki Says Dollar’s Demise is Imminent
Renowned author and businessman Robert Kiyosaki has recently made a bold statement, suggesting that the “fake” dollar is driving the decline of the American empire. Kiyosaki has allegedly been a...
Whales Move Over 10,000 BTC to Unknown Wallets in the Past 24 Hrs
On Friday, Whale Alert, an AI service that tracks coin movement across several blockchains, captured multiple outflows of funds in and out of unknown wallets. Over the past day, Whales...
Block Surpasses Wall Street Expectations Riding on Cash App
Block, the financial intermediary for peer-to-peer transactions, reported a gross profit of $1.66 billion in the past year. That represents a 40% increase, soaring beyond the $1.53 billion forecasted by...
Martyparty Shares a Tweet When Bitcoin Pumped When China Spoke
Music producer and blockchain architect Martin Folb, aka “MartyParty,” shared a tweet on the recent Bitcoin pumps following the speech by China. This is a follow-up to the recent speech...
Kevin O’Leary’s Calls For Regulation Of Exchanges Draws Criticism
Kevin O’Leary aka Mr. Wonderful has come under fire for his recent comments regarding the regulation of the crypto industry. The Shark Tank star claimed in a tweet earlier today...
Dapper Labs Release Statement After FrielvDapper Labs Case Ruling
Dapper Labs posted a series of tweets in response to the judge’s ruling on the NBA-branded “Top Shot Moments.” The web3 company first posted that in the Friel v. Dapper...
Germany’s DZ Bank Taps Metaco For Digital Asset Management
DZ Bank, the second largest bank by asset-size in Germany, has introduced digital asset management for its institutional clients. The German banking giant has tapped Switzerland-based Metaco to oversee the...
Crypto Returns Show Short-Term Recovery Signs, Suggests Data
The blockchain analytics firm, Santiment, posted a tweet on their official Twitter page (@santimentfeed) this morning stating crypto returns are “beginning to show signs of a short-term recovery in the...
Crypto Analysts Criticize Optimistic Celsius Recovery Projections
Bitboy Crypto founder Ben Armstrong replied to a tweet by Thomas Braziel addressing the recovery projections for Celsius. He questions, “LMAO do you know how many years it will take...
Crypto Trader Loses Over $2M USDC in 6 Months to FOMO, FUD
Lookonchain, a Web3 data analysis tool provider, tweeted about a crypto trader that made repeated losses due to the Fear Of Missing Out (FOMO). The platform posted two concurrent trades...
Dogecoin (DOGE) Spikes Following Elon Musk’s Dog Tweet
Yet another time, the king of meme coins, Dogecoin (DOGE), has reacted to Elon Musk’s recent tweet. The CEO of Tesla recently dropped a tweet captioned “High time I confessed,”...
Michael van de Poppe Believes That the Market Is Very Strong
The popular crypto trader, Michael van de Poppe, uploaded his latest technical analysis for the crypto market yesterday. Despite the global crypto market cap dropping 3.68% over the last 24...
SEC Chair Criticized Over Association With Fund Managers
The U.S. Securities and Exchange Commission (SEC) has publicized the September 2022 edition of its chair, Gary Gensler’s, calendar. A segment of the public criticized aspects of the schedule, accusing...
DOT, KSM and ADA Shines With Most Monthly Development Activity
The blockchain intelligence firm, Santiment (@santimentfeed), tweeted a list this morning showing the top 10 list of cryptos with the most development activity over the past 30 days. In the...
Crypto Analyst Shares List of Top 10 DeFi Coins By Market Cap
The CEO of Generation Crypto Media Channel who goes by the name of Ben GCrypto took to Twitter yesterday to share the top 10 Decentralized Finance (DeFi) coins by market...
Digital Yen in Its Final Phase: What Does this Mean for Crypto?
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva stated: “Crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). If CBDCs are designed prudently,...
Analyst Warns About The Bull Run From The Chinese Crypto Narrative
Crypto influencer Ben Armstrong, popular on social media as BitBoy Crypto, has expressed concerns about the recent Chinese crypto narrative. Stakeholders in the industry are anticipating that this narrative will...
USDC On Binance Increases Post BUSD News; Crypto Analyst Impressed
Crypto journalist Martin Lee tweeted that he is impressed by the major USDC increase on Binance following the “BUSD news.” He stated that Binance has observed a 1.5 billion USDC...
SEC Lost 4 Out of 5 Cases Thanks to Courage of a few: Stuart Alderoty
Earlier today, defense lawyer James K. Filan and Ripple’s General Counsel Stuart Alderoty both commented on what they call the “losing streak of the SEC.” Alderoty detailed in this Twitter...
BNB Chain, Avalanche, NEO: Top China-Related Coins On Binance
Founder and CEO of AltCryptoTalk, Sjuul tweeted a list of all the China-related coins on Binance as part of “China’s Reopening Theme – Binance listed project,” updated as of January...
