News Snapshot:
Following heavy selling during the Asian trading session today, bitcoin (BTC) , ethereum (ETH) and other major cryptocurrencies trimmed some of their losses later in the day, with some coins seeing strong 24-hour gains and others slight losses at press time. At 10:18 UTC, BTC traded at USD 42,524, down by 0.7% for the past 24 hours. At the same time, ETH traded at USD 3,260, down by 2.2% over the same time period. In terms of other notable movers in the crypto market, the smart contract protocol Cosmos’ native token ATOM rose by an impressive 21% to USD 43.47,...