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According to the Daily Mail, sources say British Prime Minister Keir Starmer has told close friends that he intends to resign and has developed a well-organized timetable for his departure.On May 17, British Columbia health officials reported on May 16 that a passenger from the cruise ship *Hundius*, who was quarantined in the province, tested positive for hantavirus in a preliminary test. British Columbias Chief Medical Officer of Health, Bonnie Henry, said the patient developed mild symptoms such as fever and headache two days prior and was subsequently hospitalized. Her preliminary hantavirus test on May 15 was positive. The patient is currently in isolation, and her test results still require confirmation by a microbiology laboratory. Her partner tested negative. Currently, 10 Canadian citizens are under quarantine due to the *Hundius* outbreak; four are in British Columbia for a 21-day quarantine, and the other six are in Alberta, Ontario, and Quebec.According to Israeli media reports, the massive explosion near Beit Shemesh, Israel, was a controlled industrial blast, with no casualties or property damage.May 17th - According to a report in the British newspaper *The Sun* on Saturday evening, British Chancellor of the Exchequer Reeves plans to announce next week that she will postpone the planned fuel tax increase originally scheduled for September. The temporary fuel tax reduction measure, which began in 2022, was originally scheduled to expire this September. If the measure expires, fuel prices will rise by 5 pence (approximately 6.6 US cents) per liter. However, the British government has previously extended this tax reduction measure several times, most recently in the annual budget last November. *The Sun* reports that Reeves is preparing to extend the measure again.On May 17, US President Trump posted an AI-generated image on social media. In the image, Trump and a general are standing on a warship, while small boats and ships flying the Iranian flag are nearby. The caption reads, "This is the calm before the storm."

Crypto Market Daily Highlights The Crypto Meltdown

Jimmy Khan

May 27, 2022 10:21

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On Thursday, the crypto market had a gloomy day, with Ethereum (ETH) falling below $1,800.

Investor sentiment was put to the test as a result of the possibility of a regulatory change. The crypto market remains negatively impacted by market concerns about inflation, Fed monetary policy, and inflation.


However, Bitcoin (BTC) rebounded from sub-$28,000 levels to finish the day with a little loss. In the second part of the day, a late comeback, fueled by the NASDAQ 100 breakthrough, provided much-needed support.


The NASDAQ 100's Correlation with Bitcoin is Weakening.


While the NASDAQ 100 provided support for bitcoin, the link between bitcoin and the NASDAQ deteriorated this week.


On Thursday, Bitcoin fell for the second day in a row, while the NASDAQ 100 increased for the second day in a row.


Despite the gloomy attitude in the crypto market, the Fear & Greed Index jumped this morning from 11/100 on May 25 to 12/100.


After rebounding from a Monday 10/100, the Index has been hovering this week. While the Index has remained stable, it is still deep in the "Extreme Fear" zone, indicating investor concern about a crypto sell-off.


Before succumbing to market forces, the Sandbox caught a wave.


The Sandbox (SAND) jumped 9.4% to a day high of $1.5166 in the early Thursday session before falling back into the red.


The announcement of Elvis Presley, the King of Rock and Roll, joining The Sandbox was the catalyst for the breakthrough.


The Sandbox will produce Elvis avatars that will enable users to transform into Elvis Presley in order to create a "immersive and gamified world of Elvis in the metaverse."


The Sandbox, on the other hand, ended the day with a 1.85 percent loss, reversing the morning gains.

The market cap of the top ten cryptocurrencies has dropped by $90 billion, resulting in significant losses.


The broad-based crypto sell-off on Thursday took $90 billion off the crypto market valuation until late support curbed the losses. The entire market capitalization was $1,192 billion at the time of writing, up from a low of $1,153 billion on Thursday.


SOL led the way down in the crypto top 10, falling 9.35 percent.


SOL was joined in the deep red by ADA (-7.00%), BNB (-6.86%), DOGE (-6.08%), and ETH (-7.00%). (-7.73 percent ).


BTC and XRP outperformed the market, sliding 1.08 percent and 3.27 percent, respectively.

Away from the Cryptocurrency Markets

Ex-Binance executives have formed a $100 million fund to invest in Latin American and African Web3 firms.


The markets are watching the Terra remake, with LUNA 2.0 releasing amid market turmoil.


Miami Mayor Francis Suarez said at Davos that he still gets paid in bitcoin, but with a stipulation.


Binance's development proceeded with the signing of a Memorandum of Understanding with the government of Kazakhstan.