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Crypto.com Coin (CRO) stood out among altcoins with a 5.1% drop and landed at $0.09. Solana (SOL) closed at $115.71 after a 3.6% shift. XRP fell 3% to $2.07. Meanwhile, Binance Coin (BNB) also had a quiet day, hovering at $580.11.
In a broader context, Crypto.com Coin (CRO) faced strong headwinds, slipping 15.8% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...
Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.
Vitalik Buterin, co-founder of Ethereum, has emphasized the importance of robust privacy protections for security.
Charlie Bilello, Chief Market Strategist at Creative Planning, said that the S&P 500's strong rebound from a steep early-year loss to a year-to-date gain illustrates the unpredictability and resilience of markets.
Binance has announced the launch of Sharia Earn, a multi-token staking product designed to comply with Islamic finance principles.
Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.
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