Bitcoin Falls ‘Decisively’ Below Key Level as Binance Woes Continue to Weigh on Crypto. According to an article on Barron’s website, Bitcoin and other cryptocurrencies continued to fall on Tuesday amid pressures from recent blockchain network congestion that has slowed down transactions. The article also mentions that Binance woes weigh on the market.
Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four. According to an article on Coindesk, a crypto trader paid over 64 ether (ETH) in fees on Monday to get 84 ether worth of four (FOUR), a newly-issued meme token on the Ethereum blockchain likely based on the Crypto Twitter meme of “4.” The trader paid $120,000 in fees to get $156,000 worth of the meme coin.
Belgium’s digital minister says EU will ‘bring order to crypto’ and create its own blockchain. According to an article on Yahoo Finance, Belgium’s digital minister Mathieu Michel has said that the EU will “bring order to crypto” and create its own official blockchain for Europe. Michel said that the EU wants to regulate cryptocurrencies and create a legal framework for them. He also said that the EU wants to create its own blockchain infrastructure, which would be used for public services across Europe.
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