Cryptocurrency enthusiasts are currently rejoicing over a bullish weekend for Ethereum (ETH), the second-largest cryptocurrency in terms of market capitalization. The recent surge of 4.31% in ETH’s price in the last 24 hours has brought it closer to a critical resistance level of $4,000. This upward movement is being attributed to a variety of factors
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The recent ban imposed by Spain on Worldcoin’s data collection and usage has raised concerns over the company’s compliance with EU GDPR rules. Despite Worldcoin’s claims of being fully compliant with the EU’s data protection laws, Spanish regulators have accused the company of spreading inaccurate and misleading information globally. This lack of clarity surrounding the
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Cryptocurrency adoption has become a generational issue, with Millennials and Gen Z leading the way in embracing digital currencies such as Bitcoin. According to financial analyst and strategist, Tom Lee, younger generations are more open to adopting cryptocurrency compared to Baby Boomers. Lee highlighted that Bitcoin is being widely adopted and used by Millennials, Gen
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The realm of cryptocurrency is a volatile one, with constant fluctuations in value and investor activity. Recently, there has been a surge in whale activity in several Ethereum-based altcoins, indicating a potential shift in the market dynamics. This article will delve into the implications of this whale activity and its impact on the prices of
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Coinbase, a prominent US-based cryptocurrency exchange, has experienced a substantial increase in its market share recently. This growth can be attributed to the launch of multiple spot Bitcoin exchange-traded funds (ETFs) in January. As a result of this surge, analysts at Goldman Sachs have decided to upgrade their rating on Coinbase shares from selling to
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