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.
Crypto Markets Plunge to Lowest Quarterly Volume Since 2020: Report
In a data-driven update, crypto market data provider Kaiko unveiled that the crypto markets plunged to the lowest trade volume in a quarter since 2020. However, despite the downward trend...
Crypto Skeptic Raises Arguments Against the Creation of CBDCs
John Reed Stark, a former SEC official, and crypto skeptic, grabbed the attention of his 22.8k followers on Twitter, sharing insights on Central Bank Digital Currencies (CBDCs). Stark commented that...
Purchases After Poly Exploit Not Recognized, Informs MetisDAO
This morning Metis’ official account tweeted that only the METIS purchases made on BNBChain addresses prior to the Poly Network’s exploit, and the perpetrator’s first sale of exploited METIS will...
SEC’s Interpretation of Digital Asset Contracts Unlawful: Coinbase CLO
Earlier today, Coinbase Chief Legal Officer Paul Grewal accused the U.S. Securities and Exchange Commission (SEC) of violating the law in its interpretation of “investment contract”. In Twitter thread, Grewal...
Meta To Launch Microblogging Site; Could this Spell Doom for Twitter?
In an interesting turn of events, Meta Platforms is rumored to release a microblogging app similar to Twitter. According to various reports, this new platform is set to be launched...
Controversial Proposal to Appoint CZ as LUNC Leader Sparks Backlash
The LUNC community recently found itself embroiled in a heated debate over a proposal that raised eyebrows and fueled controversy within the crypto community. The proposal, titled “Let’s make CZ...
South Africa Sets Licensing Deadline for Digital Asset Exchanges
South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), announced that crypto exchanges in the country must obtain licenses to operate by the year-end, reports Bloomberg. The financial regulator...
Revolut to Delist Solana, Polygon, and Cardano Due to SEC Lawsuit
The UK-based neo-bank Revolut has notified many of its users through email that they will delist Solana (SOL), Polygon (MATIC), and Cardano (ADA) crypto tokens in the U.S. Bakkt, Revolut’s...
DYDX and GRT Record Losses Due to Massive Whale Sell-Offs
Lookonchain’s data shows that DYDX and GRT recorded price drops resulting from significant sell-offs from whales. In separate tweets, the smartmoney on-chain analytical platform revealed that Wintermute Trading repeatedly deposited...
Three Arrows Capital Founders Unveil a Shadow Recovery Process
In one of the most recent updates given by Three Arrows Capital (3AC) founders, the bankrupt crypto hedge fund has shared plans to donate the future earnings from their newly...
ADA May Trigger a Bullish Confirmation Soon, According to Popular Analyst
The crypto analyst and trader Dan Gambardello shared his bullish outlook for Cardano (ADA) in a pair of tweets published earlier today. In the first post, he shared his latest...
Europe Accounts For Two-Thirds of The World’s Crypto Jobs
Patrick Hensen, the Director of Strategy and Policy for Circle Internet Financial’s European division, recently took to Twitter to report that Europe accounted for two-thirds of the world’s crypto jobs....
Poly Network Hack: 57 Assets Affected Across 10 Blockchains
In light of the recent attack, Poly Network, a cross-chain bridge protocol, informed its users that their services would continue to be suspended temporarily. Poly Network further mentioned that 57...
China’s Crypto Clampdown Persists: PBOC Appointment Dashes Hopes
Recent developments at the People’s Bank of China (PBOC) have dampened speculation surrounding a potential relaxation of the ban on digital asset trading in the country. Prominent figures in the...
Here Are 8 Cryptos to Watch This July for Potential Gains
The global crypto market cap increased 0.31% over the past 24 hours according to CoinMarketcap – taking the total to around $1.2 trillion at press time. As the new month...
Bitcoin Maxi: ‘We Don’t Need BTC ETFs,’ SEC Focus on Eliminating XRP, ADA
In a Twitter outburst, Max Keiser, a well-known Bitcoin maximalist, expressed his indifference toward the Securities and Exchange Commission’s (SEC) position on Bitcoin ETFs. Keiser boldly claimed that Bitcoin was...
Bitcoin Leads Other Major World Assets With 83.8% Gain in H1 2023
Reported data shows that Bitcoin’s value increased by 83.8% in the first half of 2023, ranking first and exceeding other major world assets by a significant margin. In the second...
SEC Bitcoin ETF Denial Led Investors To Toxic Options Like GBTC: Winklevoss
Gemini co-founder Cameron Winklevoss took to Twitter to express his frustration on the 10th anniversary of his and Tyler Winklevoss’ initial filing for a Bitcoin exchange-traded fund (ETF) with the...
BTC May Rise to $165K Before November 2023, According to Analyst
The crypto trader and analyst “Coosh” Alemzadeh predicted in a tweet yesterday that the price of Bitcoin (BTC) may reach $165K before November 2023. In the post, he added that...
Commissioner Peirce Disagrees With Penny Stock Bar Decision
In a tweet published on Tuesday, Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC) expressed her dissatisfaction with the U.S. government’s decision to impose penny-stock bars to...
HKVAC’s Virtual Asset Index Excludes Top Cryptocurrencies
The rating agency Hong Kong Virtual Asset Consortium’s (HKVAC) recent release of the virtual asset index has been a subject of controversy since the agency excluded the leading cryptocurrencies like...
Ripple Attorney Withdraws From Legal Defense Team In SEC Lawsuit
Attorney Clayton J. Masterman has withdrawn from Ripple’s legal defense team in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC). While the online sentiment indicated that Masterman’s...
Analyst: $2.4 Resistance Significant for APE Price Development
According to Crypto Tony, a renowned investor and cryptocurrency analyst on Twitter, ApeCoin (APE) needs to break above the $2.4 resistance to warrant a long position. In a recent tweet,...
ADA’s Defi Growth Will Make It a Leading Layer-1 Chain: Analyst
The crypto analyst and Cardano (ADA) enthusiast Dan Gambardello predicted that ADA may outperform Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC) and Avalanche (AVAX) in the next bull market. To support...
Celsius Users on High Alert for Phishing Emails Offering 42% Cash-out
In a recent development surrounding the Celsius bankruptcy case, the crypto lending platform has warned its users about fraudulent phishing attempts. The news came to light when Simon Dixon, a...
