The crypto market collapse was one of the most significant since January 2022

Over the past 24 hours, the cryptocurrency market lost about 16% of its total capitalization, which fell to $1.8 billion. This decline was one of the most significant since the beginning of 2022.

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Major cryptocurrency drops more than 15% in value

The value of the top cryptocurrency fell by more than 15%, with Ethereum posting its most severe decline since 2021.

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SEC decided to remove SOL from the list of so-called unregistered securities

The cryptocurrency community has once again turned its attention to Solana. The well-known analyst Ali Martinez admitted that the value of the coin will increase by 900%, which will cause the price of SOL to rise to $1630.

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Trump promised to fire Gary Gensler because of his aggression towards crypto market participants

American presidential candidate Donald Trump plans to increase federal cryptocurrency assets and make the United States the “crypto capital of the world” if he wins the election. The politician announced this at the Bitcoin Conference in Nashville.

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Eric Balchunas suggests that ETH-ETFs could raise $5 billion or more in the next 12 months

The Chicago Board Options Exchange and the New York Stock Exchange have started trading Ethereum-based ETFs. Total trading volume for the new products topped $500 million hours after the launch.

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Thomas Perfumo names four catalysts for the growth of the crypto market