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Crypto Giant Coinbase Stumbles as SEC Delivers Knockout Blow

The SEC is taking legal action against Coinbase for alleged unregistered securities sales. Meanwhile, Hash has launched a Bitcoin ETF, reflecting the growing interest in digital assets. To combat fraud, the FCA has rolled out guidelines for crypto promotions. The fashion industry is embracing Web3, using NFTs, blockchains, and the metaverse to enhance consumer engagement and sustainability. However, some designers remain skeptical about the future impact of these technologies.

Bitcoin and Ether Plummet as Crypto Rally Hits a Roadblock

Robinhood's stock surged alongside cryptocurrency recovery, with potential for a 70% rally. Meanwhile, the SEC's lawsuit against Gemini and Genesis over unregistered securities progresses. The US Treasury investigates potential crypto use by Hamas, while Franklin Templeton highlights the link between meme token value and their networks. Ethereum's Deon upgrade enhances scalability, and Bitcoin's halving impacts miners, leading to potential consolidation among those with lower energy costs.