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Cryptocurrencies dip as investors digest regulatory updates from industry heavyweights Binance, Kraken
Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, Kraken and Tether. Binance Coin fell more than 1%, after rising as much as about 5% earlier. Ripple’s XRP fell 2.5%, Solana was down by more than 3%. Polygon and Uniswap lost 7% and 4%, respectively. Meanwhile, bitcoin was off its lows and trading flat. Earlier, it was down with the rest of the crypto market. Ether was last lower by more than 1%. The coins bounced after a sharp fall in the morning, after the Justice Department said it will announce ... (full story)