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.
South Korean Telecom Giant Ceases NFT Operations
The decision to close MINCL is due to changing business circumstances. Users holding KT Wiz Rookie Pack NFTs were advised to transfer them to external…
MANTA Token Surged 16,000% to $220 Only to Tank 99% to $1 Minutes Later
Kaiko attributed the unexpected turnout to concentrated sell-offs. MANTA hit $220 upon listing on Bithumb but crashed to $1 in a few minutes. Last week,…
NVIDIA, US NSF Team Up to Advance AI Development in the Country
NVIDIA partners with U.S. NSF to launch NAIRR, an AI-focused pilot program. The initiative is aimed at broadening access to AI discovery and innovation tools. …
China’s Central Bank Set to Cut Bank’s RRR Next Month to Boost Economy
The People’s Bank of China will cut the reserve requirement ratio for banks in February. The 0.5 percentage cut is expected to increase long-term liquidity…
Prosecutors Request Detention of ACE Exchange President Amid Fraud Probe
Taiwanese prosecutors are investigating alleged fraud and money laundering at ACE Exchange. Chenhuan Wang, the president of ACE Exchange, is asked to be detained amid…
Radiant Capital Commences Repayment Post $4.5M Exploit
Following a $4.5 million flash loan exploit, Radiant executes a strategic repayment plan. Radiant Capital repays 1,190 ETH and aims for full reimbursement in 90…
Top Congress Figure Remains Pessimistic About Meta’s Re-Entry Into Crypto
Congresswoman Maxine Waters wrote a letter to Meta executives concerning their re-entry into the crypto space. The letter highlighted the firm’s five trademark applications regarding…
BitMEX Co-Founder Spots Bitcoin’s Support Between $30K and $35K
Arthur Hayes criticizes Janet Yellen and Jerome Powell’s oscillating decisions that negatively impact the crypto space. Hayes describes the prevailing bearish trend in Bitcoin as…
Red Alert for Mac Crypto Users: Security Firm Sounds Alarm
Kaspersky discovered a new macOS malware targeting crypto stored in digital wallets. The malware replaces legitimate wallet applications with infected versions. Mac users are warned…
Crypto Analyst Predicts Bullish Surge for ADA, But There Is a Catch
Host of the Cheeky Crypto YouTube channel predicts ADA could hit 74 to 84 cents once the market recovers. The analyst said another big correction…
