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.
Grayscale Dumping Bitcoin Holdings? Here’s Why
Grayscale’s high management fees led investors to flock to other ETF issuers, according to a crypto trader. Grayscale reportedly had to sell Bitcoin holdings to…
Manta Network Faces Money Laundering Allegations Following Bithumb Listing
Manta Network, a blockchain project, faces controversy due to money laundering allegations tied to its listing on Bithumb. Allegations emerged from a tweet by DeFi…
Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated
TUSD depegged from the US dollar this week, marking its second depeg from $1 in the last two months. The stablecoin lost parity with the…
Did WIF Insider Buy Before Binance Listing? Here Are the Details
A whale bought millions of WIF just before Binance disclosed its listing. The price closed above the 20 and 50 EMAs, suggesting a bullish trend.…
Indian Experts Demand Crypto Tax Reduction in 2024 National Budget
There is a heightened expectation among the Indian crypto community ahead of the 2024 budget release. Crypto experts in India want changes in the classification…
Bitcoin ETFs: Promising Opportunities and Potential Pitfalls for Investors
The Wall Street Journal argues that ETFs make Bitcoin problems “even worse.” Bitcoin failed to achieve its main objectives, according to the WSJ. WSJ noted…
$38K Incoming? Benjamin Cowen Sheds Light on Bitcoin’s Next Move
Benjamin Cowen points out that Bitcoin tends to retrace to support levels after surges, and is influenced the by Federal Reserve actions. Bitcoin's interaction with…
JPMorgan CEO Calls BTC Tool for Crime Despite Bank’s Own Troubled Past
JPMorgan CEO Jamie Dimon sparks controversy by renewing his criticism of Bitcoin. He argues that Bitcoin lacks utility, pointing to tax evasion and money laundering…
SEC v. Coinbase: Federal Judge Says “Tokens Are Not Securities”
The SEC argues that Coinbase has created a deviated form of the original Howey Test, which Coinbase denies. Judge Failla remains unsatisfied with the SEC’s…
EU Cracks Down on Crypto With Stricter Anti-Money Laundering Rules
EU tightens AML regulations, bringing crypto-asset service providers (CASPs) under regulatory oversight. CASPs must conduct customer due diligence on transactions ≥€1,000, verify identities, and report…
