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A sharp 13.6% drop saw Crypto.com Coin (CRO) fall to $0.07, making it one of the day's biggest movers. Solana (SOL) followed suit, plunging 13.1% to settle at $139.36. XRP saw a 9.7% drop and landed at $2.38. Binance Coin (BNB) closed at $570.37 after a 4.8% shift. Binance Coin (BNB) fell 4.8% to $570.37.
In a broader context, Ethereum (ETH) faced strong headwinds, slipping 14% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
The Financial Conduct Authority (FCA) has issued a warning regarding Codex Finance, which is allegedly offering financial and crypto-related services without proper authorization.
The Financial Conduct Authority (FCA) has issued a warning regarding Dragonfly Capital Fx, which is reportedly offering financial and crypto-related services without proper authorization.
The Comisión Nacional del Mercado de Valores (CNMV) has announced that it has informed the European Securities and Markets Authority (ESMA) of its adoption of five MiCA Regulation development guidelines.
The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website turbon.co.
The Financial Conduct Authority (FCA) has announced its intention to seek feedback on proposed regulations for cryptoasset trading platforms.
The Financial Conduct Authority (FCA) has issued a warning regarding Wealth-Wise, which is suspected of promoting financial services without proper authorization in the United Kingdom.
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