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.
Inside South Korea’s New Crypto Monitoring System to Combat Fraud
South Korea is ramping up its fight against crypto fraud as a new digital asset law looms. The country’s financial regulator, the Financial Supervisory Service (FSS), is establishing a comprehensive...
Crypto Industry Power Shift: Democrats’ Secret Weapon to Challenge Trump’s Influence
The battle for influence over the cryptocurrency industry is heating up as Democratic Representative Ro Khanna moves to counter Donald Trump’s growing support within the sector. Khanna’s upcoming roundtable discussion...
All Eyes on TON: How Will Hamster Kombat’s TGE Play Out
The Open Network (TON) blockchain is experiencing a surge in popularity and value, driven by the upcoming token generation event (TGE) for Hamster Kombat, a viral play-to-earn game on the...
Data Shows Average Bitcoin Investor Sitting on Big Profits Despite Dip
Glassnode says the average Bitcoin investor holds profits despite a recent price dip. Despite the recent sell-off that pushed Bitcoin (BTC) prices below $60,000, a new analysis from Glassnode suggests...
June Crypto Phishing Scams Exceed $1 Million, CertiK Warns
Blockchain security firm CertiK reported a surge of phishing scams in June, with over 10 incidents resulting in investor losses exceeding $1 million. This marks the fourth month this year...
Crypto Security in 2024: SlowMist’s Q2 Analysis and Key Takeaways
Blockchain security firm SlowMist released its Q2 2024 analysis, detailing trends in cryptocurrency theft. The firm received 467 stolen fund reports, with 146 from international sources and 321 domestic. Based...
South Africa’s Crypto Industry Grows as 63 Firms Receive Licenses
The Financial Sector Conduct Authority (FSCA) of South Africa has approved licenses for 63 new cryptocurrency firms, enabling them to operate within the country and expand their global reach. The...
Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?
Global markets rallied on Tuesday, buoyed by Federal Reserve Chair Jerome Powell’s comments suggesting the possibility of U.S. interest rate cuts. However, European markets remained cautious amidst political uncertainty in...
Lucre Way Makes a Power Play on ProBit Global, Aims to Redefine Utility Tokens
Cryptocurrency exchange ProBit Global has listed Lucre Way (LCR), a new utility token aiming to reshape the digital asset landscape. ProBit’s announcement emphasizes Lucre Way’s potential to transform how cryptocurrencies...
Bitcoin’s Tumble Sparks Market Fear: Is This a Buying Opportunity or Further Downside?
Bears seized control of the Bitcoin market in the past 24 hours, pushing the leading digital asset below the $61,000 mark. BTC failed to hold the $63,000 support level and...
Paxos Gets DBS Bank Backing for Stablecoin Launch in Singapore
DBS Group Holdings Ltd., Singapore’s largest bank, is deepening its foray into the digital asset sector by offering custody services for stablecoin reserves in partnership with Paxos Trust Co. This...
Germany Dumps Bitcoin, XRP Community Dreams Big: What’s the Connection?
A lighthearted X post about the German government’s auction of seized Bitcoin has unexpectedly ignited fervent speculation within the XRP community, raising questions about the broader implications of government actions...
BRICS Nations Challenge U.S. Dollar Hegemony, Turning to Gold and Alternative Currencies
Within the BRICS alliance—comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates—a growing movement is underway to diminish the global influence of the U.S....
Inside the $BAKED Token Frenzy: How a Solana Trader Turned $10K into $3 Million!
A Solana-based trader turned a modest 70 SOL (approximately $9,923) into a staggering $3.05 million in a whirlwind 30-minute trade, capitalizing on the controversial launch of the $BAKED token on...
Data Doesn’t Lie: Bitcoin’s $60K Surge Signals a Summer of Gains
Bitcoin’s recent surge above the key $60,000 mark, driven by substantial buying activity, is signaling a potentially bullish July for the cryptocurrency. On-chain data reveals strong demand, with 237,000 addresses...
Bitcoin vs. Ethereum: Institutional Investors Diverge as Digital Asset Funds See Outflows
Digital asset investment funds have experienced $30 million in outflows over the past three weeks, with Ethereum facing its largest withdrawals since 2022, according to recent data. Earlier in the...
German Government Sells 400 Bitcoins, Crypto Community Questions Timing and Strategy
The German government’s recent sale of 400 Bitcoins, worth nearly $95 million, has sparked criticism from the crypto community, who question the timing and strategy behind the move. This latest...
BRICS and the US Dollar: India’s Stance on Expansion Signals Shift in De-Dollarization Efforts
India has expressed reservations on the rapid expansion of the BRICS economic bloc, as China and Russia push to include more countries and solidify their geopolitical influence. This internal rift...
WEF Report: U.S. Economy Strong, Eurozone Weak, Global Recovery Faces Geopolitical Headwinds
The World Economic Forum’s latest Chief Economists Outlook reveals growing optimism about the global economy, with fewer economists predicting a downturn compared to earlier this year. However, concerns remain about...
Polkadot and Cardano: The Next Big Crypto Partnership?
Polkadot (DOT) and Cardano (ADA) have gained significant attention in recent days, reflected in their market values. DOT and ADA are among the top performers in the last 24 hours,...
VeChain (VET) Surges 11% in a Week: Analysts Predict Further Gains
VeChain’s VET token is rapidly regaining its footing in the crypto market following recent price declines. In the last 24 hours, VET has risen by 4%, trading at $0.02713 at...
Binance Updates Monitoring Tag List: 11 Tokens Face Potential Delisting
Binance has announced updates to its Monitoring Tag list, with several tokens potentially facing delisting, as highlighted in a recent Twitter post by Wu Blockchain. The review added 11 tokens...
Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So
Ethereum co-founder Vitalik Buterin is pushing for faster transaction speeds on the blockchain, outlining several potential solutions to enhance the network’s scalability and user experience. Despite recent improvements: notably, Ethereum’s...
Is the Howey Test Still Relevant? Ripple’s Alderoty Questions SEC’s Approach
Ripple’s Chief Legal Officer, Stuart Alderoty, reignited debate over regulatory clarity in the cryptocurrency space, criticizing a pivotal 2018 speech by former SEC Director William Hinman as a “fairy tale.”...
Floki Warns of Latest False Scam Tokens on Solana, Base Chains
In a recent tweet, the official Floki meme coin account issued a scam warning to its community. The notice alerts users about fraudulent claims suggesting that the FLOKI token is...
