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Crypto Now: Your Daily News Digest

The crypto market paints a somber picture with most major coins in the red, despite a slight uptick in global market
April 17, 2024

The crypto market's rollercoaster ride continues, with fluctuations sparking curiosity among investors. Let's delve into today's market movements and the stories behind the numbers.

Red Day in the Crypto Realm

As we gaze upon the digital landscape, a sea of red dominates the charts. Despite a slight uptick in global cryptocurrency market capitalization by 1.3%, most of the top 100 coins are submerged in crimson hues.

Stacks (STX) and NEO lead the descent with notable drops of 7.3% and 6.9%, respectively. Conversely, Akash Network (AKT) emerges as a beacon of green, soaring by 9.2%.

In the top 10 realm, Solana (SOL) shines with a 2.1% surge, while BNB takes the brunt of the decline, plummeting by 1.5%.

While the market navigates its volatility, BigPanda introduces a new AI tool, "Biggy," to tackle operational challenges swiftly. Meanwhile, Bybit's findings on shrinking Bitcoin supply raise eyebrows, hinting at potential future dynamics.

In a shocking twist, the owners of a US funeral home face federal charges for egregious misconduct, including misappropriation of COVID relief funds for personal indulgences.

Animoca Brands' Digital Assets Surge

Amidst market upheaval, Animoca Brands reports a significant increase in digital assets, positioning itself for market rebounds.

In a world of fluctuating markets and unforeseen challenges, the crypto realm remains a landscape of both risk and opportunity. Stay tuned for further developments as the digital journey unfolds.

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