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.
Stablecoins See Notable Spike in Volume Following Silvergate Scrutiny
Silvergate issues have triggered a market sell-off. Prices of major cryptocurrencies dropped with millions in liquidation. Stablecoins enjoyed a fair spike in trading volume following…
Crypto Hedge Fund DACM Resort to Swiss Banks After Silvergate Fallout
DACM is looking to Swiss banks to bridge the gap created by Silvergate. Previously, the fund manager used Silvergate’s network to move funds to exchanges.…
Crypto Market Sees $243.49 Million Liquidation in 24 Hours
About $185 million has been liquidated from the crypto market over the past 45 minutes. Binance data indicates that $243.49 million has been liquidated over…
Crypto Whales Fluctuate Between BUSD and USDC Following SEC Action
Data shows whale holders of BUSD have been in a panic since the SEC lawsuit. A fear indicator chart shows whales fluctuating between USDC and…
UK Bank Restricts Users’ Ability to Buy Crypto, Slashes Daily Limit
Nationwide Building Society sent an email to clients, limiting their access to crypto. The bank previously banned card payments to Binance exchange. Data shows the…
South Dakota Passes Bill Excluding Crypto From Definition Of Money
The South Dakota Senate passed a bill excluding crypto from the definition of money. The bill is paving a safe path for CBDCs by creating…
Andrew Kang Says Q1 2023 Bullish Momentum is Completed
Twitter user Andrew Kang reminds the community that the bullish momentum of Q1, 2023 is over. Kang mentioned that there were two great months of…
Bankruptcy Court Approves Core Scientific’s $70 Million Financing
A U.S. bankruptcy judge has approved Core Scientific’s bankruptcy financing package from B. Riley. The package will provide $70 million to fund the operations of…
Crypto Analyst Picks Top Three Altcoins For the Next Rally
Guy Turner names Algorand, Thorchain, and Lido Finance as the top three altcoins for the future. Turner said there have been numerous developments around Algorand…
Senator Tom Emmer has Introduced the CBDC Anti-Surveillance Act
Republican Tom Emmer is concerned about the Fed's intentions for CBDC. The politicians are concerned that it will be used for surveillance by the government.…
