European Wrap March 31 – Covering Dogecoin, Ethereum and the SEC

Dogecoin’s price has been range bound between $0.0705 to $0.0952 for the past five months, but a recent dip below the range low followed by a recovery could point to a bullish move next week. Meanwhile, the impending Ethereum token unlock (due to the upcoming Shanghai hard fork) has led to projects and institutions announcing “re-staking” solutions to ease the selling pressure from ETH withdrawals. With nearly 15% of the token’s supply staked and Ethereum’s price still over 60% away from its all-time high, experts believe the community is seeking out such opportunities. Additionally, US Securities and Exchange Commission chair Gary Gensler has warned of tough times ahead for the crypto industry, calling for additional infrastructure and resources to fight misconduct.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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