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.
SEC Receives A Massive Cut in Budget for FY’25, Chair Gary Gensler Blamed
SEC is set to receive the lowest budget since FY 2023 in FY 2025. US Senate Committee on Appropriations has set a budget of $2.23…
Uncertainty Looms Over New Date of Kamala Harris’ Postponed Crypto Meeting
Kamala Harris' campaign postponed a key meeting with top crypto industry players. The delay sparked speculation about the Democrats' need to solidify their crypto policy.…
Wharton Prof’s Bold Call: 1.5% Fed Rate Cuts Needed Now
Wharton's Jeremy Siegel calls for a 75 basis point emergency cut to the Federal Reserve's interest rates. Siegel recommends a second 75 basis point cut…
VeChain (VET) Flashing Buy Signal: RSI at 24 Amid Downtrend
Vechain (VET) has plunged 40.93% since July, signaling ongoing bearish trends and potential further declines. With VET's RSI at 24.38, it’s oversold, suggesting possible buying…
Japanese Stock Plunge Fuels Crypto Capitulation Fears
Japanese stock market crash sparks fears of economic impact on global and cryptocurrency markets. Rising interest rates and yen's weakness led to major selloffs, affecting…
Bitcoin Crashes Alongside Massive Spot BTC ETF Outflows
Bitcoin experienced a significant pullback last week. A massive daily BTC decline coincided with last Friday’s significant ETF outflows. Spot Bitcoin ETF experienced a daily…
Why is BTC Crashing? Analyst Blames TradFi Markets, Predicts Imminent Rebound Soon
Samson Mow thinks the main Bitcoin bull run is around the corner. Mow blamed TradFi markets for Bitcoin’s recent decline. Bitcoin fell 14.5% in the…
Amber Group and HashKey Capital Question ZKX’s Abrupt Closure
Amber Group addresses itself as the investor of ZKX, holding nearly 3 million ZKX tokens. ZKX recently closed its platform, citing minimal user engagement and…
Genesis Pays Out $4B to Creditors, but Crypto Market Tanks
Genesis begins distributing approximately $4 billion in digital assets and cash to creditors. Bitcoin creditors will receive 51.28% recoveries in-kind while Ethereum creditors receive. The…
Bitcoin HODLers Strong: Mt. Gox Selloff Fails to Dent Market
Bitcoin long-term holders control 45% of the network's wealth, a historically high level. Mt. Gox creditor distributions have not significantly impacted Bitcoin's market resilience. HODLing…
