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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 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.
The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the "Investitions-Projekt Gas Profit App."
The Financial Conduct Authority (FCA) has issued a warning regarding TRADESUP LIMITED, a firm allegedly offering financial and cryptocurrency services without proper authorization in the United Kingdom.
The Autorité des Marchés Financiers (AMF) has released a list of websites allegedly offering unauthorized crypto-asset services in France.
The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers about Euro Pro Markets and its website europromarkets.net.
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