London, UK — July 31, 2025

The cryptocurrency market experienced a sharp sell-off over the last 24 hours, resulting in close to $1 billion in liquidations across futures and leveraged positions. Among the hardest hit were altcoins, with XRP falling approximately 2.5%, Dogecoin tumbling over 9%, and Solana down about 7%. These rapid price movements triggered significant margin calls, fueling the downward pressure .

Alongside market turbulence, environmental concerns around crypto mining continue to intensify. Recent studies highlight that Bitcoin mining alone contributes millions of metric tons of CO₂ emissions annually, drawing increased regulatory attention worldwide.

In this challenging environment,

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