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.
US Sanctions Multiple FinTech Firms Over Links With Russia
The U.S. Department of Treasury has sanctioned thirteen firms and two individuals in a fresh round of scrutiny. The sanctioned parties allegedly developed or offered virtual asset services linked to...
The UAE Partners With G42 Cloud and R3 to Launch a National CBDC Strategy
The Central Bank of the UAE (CBUAE) has commenced the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy. The bank launched the program with G42 Cloud and R3...
Robert Kiyosaki Urges Investments in Bitcoin and Precious Metals
RenMonday,author Robert Kiyosaki, best known for his book “Rich Dad, Poor Dad,” shared investment advice, advocating for purchases in Bitcoin, silver, and gold amid growing global economic concerns. Expressing his...
‘Rich Dad Poor Dad’ Author Urges Public to Save Bitcoin, Gold or Silver
Crypto investor Robert Kiyosaki, best known for his financial education book Rich Dad Poor Dad, recently reiterated his optimistic perspectives on Bitcoin. In his latest X post, Kiyosaki urged the...
Investigator Exposes more Scams in $122.5 Million Fraudulent Presale Scheme
In a recent X post, blockchain sleuth ZachXBT exposed tactics used by scammers targeting Solana investors. One such scammer who goes by the username of “Sartoshi0x’s” account secretly pocketed a...
PENDLE, YGG, AGIX Flash Different Signal Pending Token Unlock
Despite having token unlocks this week, the prices of Pendle (PENDLE), Yield Guild Games (YGG), and SingularityNET (AGIX) have increased in the last 24 hours. At press time, PENDLE’s price...
Vitalik Buterin Needs to Resume Engagements on X For Ethereum’s Sake – User
Elon Musk, the owner of X, has asked why Ethereum Co-Founder Vitalik Buterin left the social media network. Musk’s question was in response to a user who suggested Buterin needs...
Can Ethereum Break Through $4,000 Amid SEC Scrutiny?
Market Watcher Captain Faibik has argued that Ethereum (ETH) could be on a path to reclaim the lost $4,000 price amid a potential regulatory hurdle. In a recent analysis of...
SEC Extends Decision Deadline for Grayscale Ether Futures ETF by 60 Days
In a recent filing, the U.S. Securities and Exchange Commission (SEC) announced yet another delay in its decision regarding Grayscale’s Ethereum futures exchange-traded fund (ETF) application. Initially filed on September...
Tech Giant Google Integrates ENS Wallet Balance in Search Results
Google has reportedly added functionality to show Ethereum Name Service (ENS) wallet balances in search results. The addition leverages data from Etherscan, simplifying checking Ethereum wallet balances linked to ENS...
Crypto Markets Require “Sunlight and Disinfectant” for Integrity: Gary Gensler
In a recent address at the Columbia Law School conference, Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance on the necessity of transparency in the crypto markets....
“Imminent” Supply Shock Could See Bitcoin at $500K by Q4 2025: Analyst
According to George of CryptosRUs crypto YouTube channel, a supply squeeze is imminent for Bitcoin soon. George noted that Bitcoin has slowed down over the past several days, but it...
Wall Street Embraces Crypto: BlackRock Launches Ethereum Fund, Could #SOL Be Next?
As a step in the finance and crypto industries, BlackRock, the world’s biggest asset manager, has recently launched a fund for tokenized assets on the Ethereum network. Named the BlackRock...
Top Analyst Pinpoints 12 Tokens with Potential For 10x in the Next Four Months
A notable Bitcoin analyst using the pseudonym “Crypto Scofield” on X has issued daring price projections for various tokens, noting they are attainable within the next four months. Crypto Scofield’s...
DOGE is Setting Up For A New Upward Rally Following Recent Rebound
Rekt Capital, a crypto analyst on X, has spotted a developing uptrend on Dogecoin amid the current market conditions. In a recent post, the renowned analyst highlighted that DOGE has...
Cardano Out of the Top 10: Can It Regain Its Position in the Blockchain Ecosystem?
Prominent Ethereum competitor, Cardano (ADA), has dropped out of the list of the top 20 most popular blockchain ecosystems presented by CoinGecko. CoinGecko, a website that shows various data regarding...
Insights from RWA Report 2024 Showcase USD Hegemony in Crypto
In a recent revelation from the Real World Asset Report of 2024, the crypto market witnesses a significant dominance of USD-pegged stablecoins staying at the forefront of real-world asset (RWA)...
Bitcoin ETFs Momentum Decline as BlackRocks’ Inflow Drops
For the second day in a row, spot Bitcoin (BTC) ETFs hit a negative flow. According to the financial research platform ‘SosoValue’, Grayscale’s ETF GBTC witnessed an incredible outflow of...
Neuralink’s Mind-Boggling Brain Chip Implant
Neuralink’s technology is capable of recording and decoding neural signals. The coin-sized brain chip has neural threads that spread out to different parts of the brain. Neuralink brain implants could...
OKX Burns 11.48 Million OKB Worth $744 Million in Record Burn Exercise
According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16. The renowned cryptocurrency exchange burned approximately 11.48 million OKB, equivalent to about $744 million, again setting...
Solana Meme Coin Dominance on Display as SHROOM Provides Massive Gains
Within one hour, a trader made a mind-blowing $8.9 million trading SHROOM, one of Solana’s (SOL) memecoins. According to Lookonchain, the traders spent 6,000 SOL to buy 292.16 million SHROOM....
Developer Faces $1.2B Laundering Allegations at Tornado Cash
According to an indictment by Dutch prosecutors, the developer of Tornado Cash, an open-source, non-custodial, fully decentralized tumbler, is facing an accusation of laundering $1.2 billion. According to the three-page...
BlackRock Files Digital Asset Fund to the SEC, Backed by $100M
BlackRock, the world’s largest asset management firm, has quietly unveiled its foray into the tokenized asset landscape. According to a recent SEC filing, the firm has introduced the BlackRock USD...
VaultTech Announces Beta Testing for Crypto Services Mobile Application
VaultTech, an ecosystem for providing a range of crypto services, shared their excitement for their upcoming Vault mobile application. The crypto firm commenced signing up for beta testing listings, claiming...
After GBTC Outflows Hit $12B, Grayscale Promises Fee Reduction
Grayscale CEO Michael Sonnenshein has expressed optimism about fee reductions as outflows from the firm’s flagship product, the Grayscale Bitcoin Trust ETF (GBTC), hit a staggering $12 billion. In an...
