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XRP stood out among altcoins with a 4.2% growth and landed at $2.20. Binance Coin (BNB) closed at $558.02 after a 2.1% shift. Solana (SOL) rose 1.2% to $124.75. Meanwhile, Crypto.com Coin (CRO) also had a quiet day, hovering at $0.08.
In a broader context, Ethereum (ETH) faced strong headwinds, slipping 14.1% over the past seven days.
Today's price movements highlight a bullish trend, with multiple assets seeing positive momentum.
Susie Violet Ward, a bitcoin journalist and financial analyst, has criticized the UK Financial Conduct Authority's (FCA) cryptoasset policies, claiming they stifle innovation and drive bitcoin businesses offshore.
The Federal Financial Supervisory Authority (BaFin) has issued a warning concerning the website bitwelt.co, which is reportedly offering financial, investment, and crypto asset services without the required authorization.
The Federal Ministry of Finance of Germany has announced new guidelines on tax reporting and record-keeping for crypto assets, replacing its previous circular to clarify cooperation obligations and assessment procedures.
Georg Brameshuber, a cryptocurrency advisor, has expressed concerns over Germany's taxation policies on unclaimed staking rewards.
Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 16, 2025.
Rachel Conlan, Chief Marketing Officer at Binance, said that Binance Blockchain Week is a global event showcasing the broader crypto ecosystem and the strength of its community.
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