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.
Feds Governor Foresees Continued Pause With Interest Rate Cuts in 2024
Michelle Bowman doesn’t expect the Fed to cut interest rates in 2024. Bowman thinks the Fed cutting interest rates in 2024 will be “inappropriate.” The…
EigenLayer’s $15B Token Launch Sparks Division for Excluding US, China
The $15B valued DeFi EigenLayer launches its EIGEN token airdrop today. However, due to regulations, EigenLayer excluded users from the U.S. and China. Analysts criticized…
AI Coins Surge Driven by Nvidia’s Earnings and OpenAI’s Big Move
Bullish attitude dominates in the AI market, as seen by strong price increases for numerous AI currencies. Semiconductor companies are driving AI coin rallies, with…
Binance, KuCoin Secure India FIU Registration Amid Regulatory Storm
Binance's compliance status remains uncertain pending a hearing with FIU-IND. KuCoin and Binance are working towards compliance with India's anti-money laundering regulations. Indian authorities are…
StaFi Expands Liquid Staking Support with Integration of EigenLayer LRT
StaFi integrates LRT into its LSaaS stack to enhance developer capabilities and restaking efficiency. The LRT Stack addition aligns with the StaFi 2.0 roadmap, following…
Coincheck’s Nasdaq Listing Set for Completion Between Q2 and Q3
Coincheck plans to merge with Thunder Bridge Capital Partners IV, Inc. (THCP). The merger, pending regulatory approvals, is expected to finalize in Q3-Q4 2024. Despite…
Swing Voters Divided on Crypto’s Role in Fixing Outdated Financial System, Survey Reveals
Majority of swing voters see the current financial system as outdated and favouring elites. Only a third of respondents believe cryptocurrency could solve financial system…
Indonesia Sets up Crypto Committee to Oversee Industry Operations
Bappebti, Indonesia's regulatory agency, forms a committee to monitor the crypto sector. Crypto Asset Committee ensures compliance and advises on trading. Kasan stressed the importance…
Abu Dhabi Welcomes First Singaporean Crypto Firm with Initial Approval
QCP Capital received initial regulatory approval to operate in Abu Dhabi. The Singaporean firm reported $60 billion in 2023 crypto derivatives volume. UAE's crypto-friendly policies…
LayerZero Labs Cracks Down on Insider Airdrop Participation
LayerZero Labs bans employees from participating in the project's token airdrop. Community watchdog scrutinizes over 500 transactions for insider airdrop claims. LayerZero addresses Sybil's attacks…
