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.
Wall Street Optimistic of US Jobs Data Despite Uptick in Claims
Wall Street predicts steady job growth and a lower unemployment rate for February. Nonfarm payrolls are expected to increase by 205k, with projected annual wage…
Banks Stand as a Hindrance to DeFi; Comments Coinbase CEO
Charles Hoskinson tweeted that algorithmic stablecoins should be studied to fully realize the vision of BTC. The CEO clarified Coinbase’s announcement on the halting of…
Meta is Reportedly Building a Decentralized Social Network
Meta is reportedly working on a Twitter competitor. The team is exploring a standalone decentralized social network. The platform is still in the early stages.…
Tender.fi White Hat Hacker Returns $1.6 Million Loot for 62.15 ETH
A white hat hacker has returned $1.6 million that was exploited from Tender.fi. The hack occurred earlier this week following a glitch in Chainlink’s pricing…
FED Supports Innovation with Guardrails for Bank’s Crypto Activity
The U.S Federal Reserve Vice Chairman Michael S. Barr cites findings on crypto assets. “Benefits of innovation can only be realized if appropriate guardrails are…
BTC Will Hit $16,600 as Miners Mount More Pressure, CryptoQuant
Bitcoin has fallen below $19k in the last 24 hours. CryptoQuant said BTC miners have been reducing their reserves since January 21. The US government…
Mayhem Reigns in Crypto Market: KuCoin Sued, SVB Scrambles
New York’s Attorney General Letitia James sued KuCoin. Silicon Valley Bank stock plummets after its sale of assets and stocks The White House imposed a…
SHIB and ETH May Enter Into a Large Selloff in the Coming Days
Voyager’s bankruptcy may have a strong impact on ETH and SHIB in the coming days. The bankrupt crypto lender holds $151 million in ETH and…
Crypto Trading Platform Revolutionize Crypto Referral Programs
Millionero made its entry into the crypto market by introducing a 5-tier reward system. The referral program will allow users to earn up to 55%…
Whale Unstakes 50.27M MATIC, Transfers Half to Binance: Lookonchain
Lookonchain claims a $MATIC whale unstaked 50.27M $MATIC($53.7M). Reportedly, the whale then transferred 26.5M $MATIC($28.4M) to Binance today. MATIC’s price is underperforming and appears to…
