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September 2022

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Crypto community anticipates bullish price for Ethereum by end of October 2022

The cryptocurrency market is again showing signs of recovery, with most of its assets trading in the green – both in their daily and weekly charts – including one of its largest tokens – Ethereum (ETH), leading the crypto community to predict its further improvement by the end of October. As it happens, the community votes at CoinMarketCap have […]

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Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?

ETHPoW’s hash rate and total value locked have risen significantly during its latest bull run. ALTCOIN WATCH   ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch. Bull trap risks surround ETHW market ETHW rebounded more than 150% eight days after the

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Helium insiders owned majority of crypto tokens, Forbes reveals

Internet-of-things darling Helium has come under fire for failing to disclose its centralized distribution of crypto tokens, revealed by a Forbes investigation. Insiders reportedly owned the majority of tokens after its launch and took advantage of its system to earn even more rewards. Helium launched in 2019, promising to provide global internet connection for all kinds of smart objects,

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NFT-focused Fund Finds Parallels to Traditional Venture Investing

Spencer Ventures, a crypto fund focused solely on NFTs, has decided to come out of stealth mode after receiving a $4 million check from a family office with $10 billion in assets under management. Blockworks spoke to the founder and fund manager, Spencer Gordon-Sand, about what it takes to raise a fund aimed at institutional

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Grayscale Bitcoin Trust discount hits all-time low amid crypto market downturn

QUICK TAKE GBTC is trading at a discount of -35.26% as of Friday. The latest low comes four months after its previous all-time low of 34%. Grayscale is in the process of suing the SEC after its application to convert to a spot bitcoin ETF was rejected in June. The Grayscale Bitcoin Trust (GBTC), which

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What Cardano’s Vasil hard fork means for the blockchain

Cardano’s Vasil hard fork seeks to enhance the platform’s transaction throughput speeds, DApp development capacity, security and general usability. ANALYSIS   After several delays and some setbacks, Cardano’s long-awaited Vasil upgrade finally went live on Sept. 22. From the outside looking in, the hard fork is designed to help improve the ecosystem’s scalability and general transaction throughput

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Pro-Crypto Politicians Must Thwart Biden Administration’s Plan To Crush Crypto: Coin Bureau

A closely followed crypto analyst and host of popular YouTube channel Coin Bureau says that the current political establishment in the US has set out to thwart the development of the digital asset space. The pseudonymous analyst who goes by the name Guy tells his 2.1 million YouTube subscribers that the White House’s new framework for digital

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Ethereum’s transaction fee sets a new record, the L2s can’t keep calm

Ethereum, the largest altcoin underwent the much-anticipated Merge that saw it transition into a Proof-of-Stake (PoS) consensus. Well, the mechanism has changed, but ETH continues to give mixed signals to traders. Two sides of the same coin Despite being one of the most prominent blockchains, Ethereum’s biggest drawback was its extraordinarily high transaction costs. Consider

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Cardano bulls run out of steam after Vasil hard fork — 40% ADA price crash in play

Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different. ALTCOIN WATCH   Cardano’s (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA’s price has

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Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management

The Financial Services Agency (FSA), Japan’s crypto market regulator, has issued a renewed warning to the Japan Virtual Currency Exchange Association (JVCEA), the country’s crypto exchanges self-regulatory body, about the October full-scale implementation of FATF travel rules for crypto. Local news outlet CoinPost reports that the FSA also criticized the management of the JVCEA. In particular, the

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