ErurioN
@erurion
On August 12, 2024, the cryptocurrency market is seeing significant activity and developments: Ethereum and Solana Movements: Ethereum has gained 2.45%, showing some resilience, while Solana is being closely watched by traders, particularly in the $125-$138 range, which is considered a strong support level (The Daily Hodl). Regulatory News from Hong Kong: Hong Kong has announced plans to tighten its digital asset regulations over the next 18 months. This move aims to strengthen its position as a global fintech hub by enhancing infrastructure and introducing more robust legislative oversight (FameEX). These updates highlight the dynamic and cautious atmosphere in the cryptocurrency market as it navigates through both opportunities and regulatory changes.
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