News Snapshot:
Bitcoin fell back in late afternoon trading on Tuesday in Asia, losing steam after a run up of more than 4% in the past seven days. Ethereum continued its rally amid the buzz around the so-called “merge” when it shifts from proof-of-work to proof-of-stake, gaining more than 12% week-on-week. Polkadot and Solana fell back after starting the week stronger. See related article: Markets: Bitcoin, Ethereum gain amid broad crypto rally; Polkadot jumps Fast facts - Bitcoin changed hands at US$23,826 as of 4:30 p.m. in Hong Kong, off 0.21% in the prior 24 hours. Ethereum gained 2.35% to US$1,772, according...
