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.
Hashrate Index Releases 2022 Bitcoin Mining Year in Review
Hashrate Index released the 2022 Bitcoin Mining Year in Review, detailing the miming activity of the bitcoin in 2022. The platform pointed out that the…
Coinbase, Crypto.com, & More Firms Layoff Over 1,600 People In 2023
Crypto companies inducing Coinbase, Crypto.com, Kraken, and more are cutting off jobs in 2023. Crypto.com has laid off a total of 2,110 employees since 2022.…
BTC Price May Pull Back as Funding Rates Hit 14-Month High
CryptoQuant tweeted that BTC’s Funding Rates have hit a 14-month high. BTC’s price is down 0.56% over the last 24 hours. The market leader’s price…
Wyre Secures New Funding, Lifts Customer Withdrawal Limits
Wyre tweeted about lifting 90% withdrawal limit effective immediately. The company had announced limiting the withdrawals a few days back. Wyre laid off 75 employees…
Economist & Crypto-Critic Peter Schiff Ask Hodlers to Sell Bitcoin
Crypto-critic Peter Schiff said gold is only up $10, trading at an 8-month high. Schiff hinted that hodlers must drop Bitcoin even if its trading…
Despite the FTX Collapse, UK Wants to Become the Global Crypto Hub
British MPs and financial pundits are trying to gauge both the pros and cons of the crypto industry. MP Andrew Griffith notified the Treasury Committee…
Thailand Open Doors for Virtual Banks to Operate by 2025
BOT plans to allow the nation’s first virtual banks to provide services by 2025. Thailand issued the ‘Consultation Paper on Virtual Bank Licensing Framework.’ BOT…
MANA Targets $0.5 After a Week of Bullish Activity
Decentraland price analysis shows a firm uptrend. MANA has formed a bullish pattern on the daily chart, with a series of higher highs and higher…
An All-Time High Illicit Crypto Transaction Volume; Reports Suggest
Chainalysis released the yearly analysis of the illicit crypto transaction volume. The platform declared that the illicit transaction volume has reached an all-time high of…
Altcoin Trading Dominance at New Highs: CryptoQuant
The year 2023 has proved to be a positive one for all cryptocurrencies. Altcoins have shown a surge of 64% whereas BTC’s dominance has been…
