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Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution

Ethereum's Market Behavior and Recent Decline Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market […]

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German Parliament Member Advocates for Bitcoin to Become Legal Tender

Introduction A member of the German Bundestag, Joana Cotar, has recently expressed her support for recognizing Bitcoin as a legal tender in Germany. In an exclusive interview with Cointelegraph, Cotar emphasized the need for a legal framework to ensure the acceptance of Bitcoin as a legitimate form of payment in the country. Recognizing Bitcoin as

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Meet StocksFC: The Football Stock Market Where Goals Earn You Crypto

A Game-Changer in Sports and Finance Amsterdam, Netherlands – StocksFC, the innovative football (soccer) stock market platform that runs on Ethereum, is proud to announce its astounding success since its inception six months ago. In this short span, StocksFC has redefined the sports investment landscape, presenting fans with an unprecedented opportunity to monetize their football

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Critics Express Concern as Two Major Bitcoin Mining Pools Dominate Over 50% of Hashrate

Introduction Bitcoin's mining industry has recently faced criticism due to the increasing dominance of two major mining pools. With over 50% of the network's total hashrate controlled by these pools, concerns arise regarding the centralization of mining and the potential implications for regulatory compliance. The Nuanced Topic of Hashrate Control Currently, Antpool holds the largest

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Tether Sets Sights on Mining Industry with $500 Million Investment

Tether CEO Reveals Ambitious Plans Tether Holdings Ltd., the issuer of the largest stablecoin in terms of market value and trade volume, is making a bold move into the mining industry. CEO Paolo Ardoino recently announced the company's intention to invest approximately $500 million in its mining business over the next six months. Expanding Mining

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The NHL Collaborates with Sweet to Launch NHL Breakaway, a Digital Collectibles Platform

The National Hockey League (NHL), in partnership with the NHL Players' Association and the NHL Alumni Association, has joined forces with Sweet, a non-fungible token (NFT) firm, to introduce NHL Breakaway. This digital collectibles platform allows fans from around the world to collect, gift, trade, and showcase highlights and significant moments from NHL history. A

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SEC Reports Productive Year for Crypto Enforcement Actions in 2023

Introduction The U.S. Securities and Exchange Commission (SEC) recently released its enforcement results for the fiscal year 2023, highlighting its efforts in regulating the crypto asset securities space. The SEC's Division of Enforcement has been actively working to protect the investing public and crack down on various violations within the cryptocurrency industry. Increased Enforcement Actions

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Ark Invest CEO Cathie Wood Predicts Crypto Market to Reach $25 Trillion by 2030

Introduction Cathie Wood, the CEO and CIO of Ark Investment Management (Ark Invest), has made a bold prediction regarding the future of the crypto market. Wood believes that the market will grow from its current value of approximately $1 trillion to a staggering $25 trillion by the year 2030. In addition, she anticipates that bitcoin

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Coinbase: Spot Bitcoin ETFs Could Add Billions to Crypto Market Cap, SEC Approval Chances Improve

Introduction Cryptocurrency exchange Coinbase believes that spot bitcoin exchange-traded funds (ETFs) have the potential to significantly boost the total crypto market cap. According to Coinbase Institutional, the chances of the U.S. Securities and Exchange Commission (SEC) approving one or more spot bitcoin ETFs before the end of 4Q23 have improved. Why an ETF Matters David

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