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 Korea Seeks Crypto Firms’ Advice To Combat North Korea’s Crimes
South Korean officials are reportedly conducting meetings with American crypto and cybersecurity firms over concerns surrounding the illicit activities of North Korea. Stolen crypto is reportedly being used by the...
Struct Finance Climbs on Avalanche Blockchain Amid Swelling TVL
Struct Finance, a DeFi project built on the AVAX blockchain, recorded significant growth in the past week. The project reported via its Twitter handle that its total value locked (TVL)...
VR Tokens Grow 704% in 2023 First Half, While PEPE Gains 3700X: Report
According to the most recent research by CoinMarketCap, the first half of 2023 (H1) proved to be both challenging and exciting for the global crypto market, with the market cap...
Kuwait Bans Citizens From Engaging in Crypto-Related Activities
Regulatory authorities in Kuwait have banned the use of cryptocurrencies and virtual assets. The country’s top regulators issued a joint address via a circular. They warned the citizens of Kuwait...
Myanmar’s Shadow Government Unveils Crypto Bank For Financial Control
Myanmar’s shadow government has an opportunity to explore enhanced control of the country’s financial landscape after announcing the soft launch of its first-ever crypto-based banking establishment, scheduled for July 22....
China’s Digital Yuan ‘e-CNY’ Close to $250 Billion Milestone
Transactions using China’s digital currency hit almost $250 billion at the end of June. Dr. Yi Gang, President of China Society for Finance and Banking, spoke at a lecture organized...
Bitgert Finally Unveils Meme Character “BEFE” for its token BRISE
Bitgert, a rapidly expanding crypto project, has unveiled its latest creation: BEFE, the hilarious meme character representing its native token, BRISE. The firm announced this development in a recent tweet,...
Q2 is a Lost Quarter With No Groundbreaking Developments: Report
A recent report addressed the second quarter of 2023 as a “lost quarter” in the crypto world, asserting that the strong market narratives Q1 experienced were absent in Q2. The...
XRP, XLM, Gain as Bitcoin Bulls Take a Break: Is Altcoin Season Here?
Altcoins like Ripple (XRP) and Stellar (XLM) have witnessed significant gains as Bitcoin’s (BTC) bullish momentum took a momentary pause. According to CoinMarketCap, XRP has gained 69.74% in the last...
Jim Cramer Says No Recession on the Horizon — Is He Right This Time?
Jim Cramer, the popular host of CNBC’s “Mad Money,” recently shared his optimistic views on the state of the economy, stating that he does not foresee a recession on the...
Account Abstraction Could Bring Billions to Ethereum: Vitalik Buterin
In a recent talk at the Ethereum Community Conference (EthCC) in Paris, Ethereum founder Vitalik Buterin detailed how an account abstraction upgrade that allows users to pay for gas fees...
Will Institutional Investors Attempt To Bypass SEC Regulations?
Crypto journalist, and author of The Cryptopians, Laura Shin discussed the recent events in the SEC vs. Ripple case in a YouTube video, with Jake Chervinsky, chief policy officer at...
MATIC, ETH, XRP to Perform Well in Anticipated Bull Run: Analyst
Ben Armstrong, host of the BitBoy Crypto YouTube channel, thinks the cryptocurrencies to watch out for in the anticipated bull run are Polygon (MATIC), Ethereum (ETH), and Ripple (XRP). He...
ICO Participant Deposits 61,216 ETH to Kraken After 8 Years
Lookonchain, the on-chain smartmoney tracking platform, found an Ethereum ICO participant who made their first transaction. According to Lookonchain, the ICO participant received 61,216 ETH at Ethereum Genesis and left...
Crypto Analyst Predicts Imminent Rise in Total Crypto MarketCap
Renowned crypto analyst and founder of MN Trading, Michael van de Poppe predicts that the total market capitalization for cryptocurrencies will go higher. According to Michael, the total crypto market...
Russia Plans to Introduce Digital Ruble Amid Russia-Ukraine War
Russia is successfully moving forward with its plans to introduce its central bank digital currency (CBDC), the digital ruble, amid the dreadful Russian-Ukrainian war. As per a recent report, the...
User Submits Bounty to Track Elon Musk’s Wallet on Arkham Intel
Latest reports revealed that the public is investing thousands of dollars to track high-profile wallets of the major crypto figures including Elon Musk, Sam Bankman-Fried, and Do Kwon, as part...
Shinhan Bank Explores Stablecoin Payments on Hedera Network
Shinhan Bank, SCB TechX (Siam Commercial Bank’s technology innovation business unit), and a prominent financial institution in Taiwan have jointly announced the successful completion of a proof-of-concept (PoC) pilot for...
Podcaster Slams Bitcoiners’ Zero-Tax Utopia, Calls It ‘Childish and Naive’
Peter McCormack, the host of the ‘What Bitcoin Did’ podcast, acknowledged that some Bitcoiners tend to promote the idea of a zero-tax voluntary society as an appealing concept. However, he...
Crypto Influencer Compares LUNC’s Performance With Top Cryptos
The crypto influencer that hosts the Classy Crypto YouTube channel thinks Terra Luna Classic (LUNC) is performing like a top cryptocurrency. In a recently uploaded video, the analyst noted that...
Justin Sun Accused of Covertly Acquiring TrueUSD: Archblock Lawsuit
The founder of DeFi marketplace Archblock has filed a lawsuit claiming that Justin Sun, the founder of Tron and CEO of BitTorrent, covertly acquired TrueUSD (TUSD). The news was reported...
US Senator Questions Tesla Board’s Compliance with Securities Law
United States Senator Elizabeth Warren has recently requested the Securities and Exchange Commission (SEC) to probe into the possible ties between Elon Musk’s Tesla and his takeover of the social...
Global Watchdog Proposes Impartial Regulatory Framework for Crypto
The whole of 2022 and early 2023 has featured some turbulent times for the crypto industry, which has been classified as a “potential threat to the wider financial system” by...
$27.5M Worth of Token Unlocks Set to Take Place This Week
The tokenomics insights page Token Unlocks noted in a tweet published earlier today that there will be more than $27.5 million worth of tokens unlocked this week. This week, there...
Layer 2 Protocols to Gain From Cancun Ethereum EIP-4844 Upgrade
Analyst Miles Deutscher predicted that the best Layer 2 protocols will gain from the Cancun Ethereum EIP-4844 upgrade. Deutscher also ranked projects on long-term perspective and their investment potential. The...
