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Dear friends 💫

📆 Here we go with Thursday’s news digest:

▪️Yesterday we saw a successful "rehearsal" before the ETH transition to PoS. Such good news, because ETH 2.0 release is a huge event for the whole industry that could be a reason for crypto-rally.

▪️KickEX improves its Android app. We understand how important it is to make our app not only work, but also keep it up-to-date with technology, taking the expectations of our users and partners into account. So, our latest update includes push notifications for deposits and withdrawals, the ability to automatically insert a 2FA code from the clipboard, and the option of choosing "dark mode" for the interface. 

▪️Japan is again on the first stage in crypto. An island country has introduced a slew of new crypto regulations designed to liberate the operations of local industry.

▪️And one more positive signal from Asia. ADDX, a Singapore-based private equities platform, has become the first financial institution in the city-state to recognize crypto holdings while verifying investors looking to use its platform.

▪️Even though strange U.S. crypto policy, The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements for issuing dollar-backed stablecoins and creates a guidance about it. Certainly, it’s a good mark.

▪️75% of retailers plan to provide crypto payments within 24 months. Deloittes report says that improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments. We don’t see any reason to doubt in it.

🙏🏻Thank you for your attention, let’s keep in touch!
⚡️#Ethereum-whales accumulate USDT/USDC stablecoins

Getting ready to go shopping...?

#News
🔹 #Ethereum blockchain generated a profit of $369 million in the first quarter of 2024

Blockchains generate revenue through transaction fees, network validator rewards, and direct earnings for #ETH holders.

Question: With such profit, why is Vitalik still flying economy without luggage? 🤔
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🚀 The results of the cryptocurrency market for the first quarter of 2024 are in

The total market capitalization increased by 64.5%

#Bitcoin set a new all-time high at $73,737

Solana and Maker grew by 100% and 132% respectively

#Ethereum increased by 60% due to reduced fees and restaking

The market capitalization of the top 10 meme coins on #Solana reached $9.36 billion
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#Analytics #Ethereum

🔷 After a decline within a descending correctional trend, the price of the #ETH/USDT coin found support in the range of levels 2817 - 2921, where the technical analysis pattern "Head and Shoulders" was formed, which can be considered as a signal for a trend change to bullish.

📈 The nearest resistance is in the range of levels 3005 - 3037. Breaking this level will confirm the signal for the beginning of price growth with the nearest targets in the range of 3140 - 3215.
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🖼 The daily trading volume of #Ethereum #NFTs on OpenSea has dropped by 99% from the peak value in May 2022

Meanwhile, Donald Trump sold his NFT with a photograph after his arrest in August 2023 for $1 million (presumably, this is the remaining one percent of the market) and promised to embrace crypto in the US in case of winning the elections.

Recently, cryptocurrency has increasingly become a bargaining chip in politics, an interesting trend indeed. 🤔
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