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      The Market Rallies. The Development Continuous - Stocks Telegraph

      By Ammar Mukhtar

      Published on

      July 19, 2022

      5:02 PM UTC

      The Market Rallies. The Development Continuous - Stocks Telegraph
      • In the past 24 hours, Bitcoin (BTC) has dropped by almost 1.74%. The price of BTC now stands at the price of almost $21.8k. In the past 7 days, we have seen that the price has increased by almost 10.6% meaning we have seen a relief rally in the price.
      • Ethereum (ETH) is following BTC as it normally happens but this time Ethereum is leading the market. In the past 24 hours, we have seen the price increase by almost 3.13% and in the past 7 days, we have seen a massive increase of about 42% in the price of the coin.
      • The Dutch Central Bank, De Nederlandsche Bank, fined crypto trade Binance a EUR 3.325m (USD 3.37m) for proceeding to offer administrations to Dutch residents without required registration.
      • Coinbase is dropping out of the rundown of the world’s main 10 digital asset trading platforms by volume as the business sectors fight crypto winter.
      • Bybit reported a collaboration with trading tools provider Actant to give exchanging tools to proficient dealers.
      • Metaverse gaming stage Otherside, created by Yuga Labs, the group behind the NFT project Bored Ape Yacht Club, launched a tech demo, welcoming 4,300 players for a first look and visit.
      • Crypto-centered organization Multicoin Capital reported their most recent asset, named Venture Fund III, worth USD 430m that will contribute between USD 500,000 and USD 25m for the companies in the beginning phase.
      • The UK Treasury Committee said it expects to look at the likely dangers and potentially open doors related to the utilization of crypto assets, and their effect on friendly inclusivity.
      • The Sandbox, a gaming virtual world and an auxiliary of Animoca Brands said it has joined forces with Tony Hawk Inc. and Autograph to make a Tony Hawk LAND in The Sandbox.
      • Web3 movement studio Toonstar declared a collaboration with US retail place Hot Topic to launch NFT deals and Web3 projects for the retailer.

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