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Solana (SOL) stood out among altcoins with a 7.3% drop and landed at $117.06. Crypto.com Coin (CRO) closed at $0.10 after a 7.3% shift. XRP fell 3.5% to $2.04. Meanwhile, Binance Coin (BNB) also had a quiet day, hovering at $595.21.
In a broader context, Solana (SOL) faced strong headwinds, slipping 15.5% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
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.
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.
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