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Crypto.com Coin (CRO) stood out among altcoins with a 4.9% fall and landed at $0.10. XRP closed at $2.09 after a 3.1% shift. Binance Coin (BNB) fell 0.6% to $601.23. Meanwhile, Solana (SOL) also had a quiet day, hovering at $125.49.
In a broader context, Crypto.com Coin (CRO) spearheaded a rally in the crypto market, surging 19.4% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.
CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.
Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.
Changpeng "CZ" Zhao, founder of Binance, said that practical education data from his Giggle Academy learning platform will connect young learners to job opportunities instead of focusing on degrees.
Farid Mahmoodi, a crypto trader and whistleblower, has raised serious allegations against the cryptocurrency exchange Bitget.
The Financial Conduct Authority (FCA) has issued a warning regarding Codex Finance, which is allegedly offering financial and crypto-related services without proper authorization.
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