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While the crypto market struggles, Toncoin (TON) is showing signs of life. After a brutal weekend that saw many coins plummet, TON is experiencing a welcome rebound. The question on everyone's mind: can this bullish streak hold?

The cryptocurrency market is experiencing another period of turbulence, with most major altcoins trading in the red. However, two digital currencies often lumped together, Shiba Inu (SHIB) and Dogecoin (DOGE), are faring particularly poorly and are currently listed as some of the biggest losers among the top 20.

TeraWulf, a company focused on Bitcoin mining with an emphasis on environmental sustainability, has signaled openness to mergers that can boost profitability.

Cryptocurrency analysis firm Santiment is signaling a potential short-term upswing for several major altcoins. Their analysis hinges on a metric known as Market Value to Realized Value (MVRV).

The Central Bank of Russia is gearing up for a broader rollout of its digital currency, the digital ruble. The pilot program, which began in August 2023 with a limited number of banks and clients, is set to expand in September 2024.

The unlikely meme-based cryptocurrency, PEPE, has upended the market in a dramatic turn of events. Despite being a low-value coin, a surprise 9% surge in PEPE price triggered the largest liquidation event ever recorded in the cryptocurrency space.