Today’s Top Crypto News – Thursday, 7/7/22

•Euro’s Fall Toward $1 Parity: What It Means for Crypto – CoinDesk

“The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.”

•Korean startup Uprise lost $20M shorting LUNC – CoinTelegraph

“The crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNC, the Terra Classic native token.”

•Bitcoin Rallies. A Key ‘Correlation’ Is Now in Crypto’s Favor – Barron’s

“Bitcoin prices have consolidated above a key level as most cryptocurrencies rose on Thursday, helped along by slow but steady gains in the stock market.”

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