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Small Ethereum investors increase exposure as ETH loses $4K level

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Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses
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Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox – Cointelegraph Magazine

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  This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Bad news for Evergrande Even after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to
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WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

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WhatsApp, a popular mobile messaging app owned by Meta Platforms (formerly Facebook), is testing cryptocurrency payments for a limited select group of users in the U.S. via its Novi digital wallet. The WhatsApp crypto payments feature will allow users to send and receive money instantly, securely, and with no fees and use the Paxos stablecoin,
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Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC

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Bitcoin (BTC) declined as Wall Street trading opened on Dec. 13 as stocks came off Dec. 10’s record close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to reach multi-day lows at the time of writing. Equities had been tipped to add to all-time highs
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Daft Punk meets CryptoPunks as Novo faces up to NFTs – Cointelegraph Magazine

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Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City. Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard. “Dude,” Novo remarks excitedly as he works, “That just happened.” That would be NFT.NYC, the early
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Bitcoin’s Hashrate Recovers and Hits New ATH at 182.01 EH/s

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The hashrate of Bitcoin mining reportedly has recovered and even hit an all-time-high, after massive crypto miners experienced an exodus out of China due to the suppression from the Chinese government. In May, Bitcoin (BTC)  miners were pushed to the wall as authorities made it clear that crypto mining was unwelcome in Chinese soil. BTC
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Myanmar shadow government declares stablecoin USDT an official currency

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Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared United States dollar-based stablecoin Tether (USDT) as an official currency for local use.  Per a report published in Bloomberg, the NUG will accept Tether for its ongoing fundraising campaign seeking to topple the current
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South African Regulator to Unveil Consumer Protection Regulations in Early 2022

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The South African Financial Sector Conduct Authority (FSCA) is on track to unveil an encompassing regulatory framework, aiming at protecting consumers that emanate in the digital currency ecosystem from scams. According to a Bloomberg report, citing the confirmation of the plans from regulator’s commissioner Unathi Kamlana, also it is noted that the regulator wants an avenue
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Whales Are Amassing Two Ethereum-Based Altcoins As Bitcoin and Crypto Consolidation Continues

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The largest whales in the Ethereum ecosystem are heavily loading up on two low-cap tokens as the crypto markets continue to consolidate. The latest figures from whale-tracking website WhaleStats are showing the current holding habits of the 1,000 largest non-exchange Ethereum (ETH) addresses. The platform compiles a list of the top 10 holdings of the
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