Fidelity Investments officially submitted a filing to the Securities and Exchange Commission (SEC) on November 17th, seeking approval for an Ethereum exchange-traded fund (ETF).

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Avalanche and Solana displayed remarkable performance, experiencing significant double-digit price surges once again. Bitcoin responded positively to the weekly low it established, surging by $3,000 within hours, challenging the $38,000 mark anew.

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Despite China maintaining a stringent stance on Bitcoin (BTC) and cryptocurrencies in general, there has nevertheless been a notable surge in crypto adoption there as of late. Boyaa Interactive, a major gaming entity in China listed on the Hong Kong stock exchange, recently declared its intention to invest in cryptocurrencies, particularly Bitcoin and Ethereum (ETH).

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The United States based cryptocurrency advocacy group, the Blockchain Association (BA), strongly disapproved of the tax regulations recently introduced by the Internal Revenue Service (IRS). 

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In a significant turn of events, cryptocurrency entities Tether and Bitfinex have effectively repelled a class-action lawsuit. 

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Charles Hoskinson recently extended a friendly gesture to former OpenAI CEO Sam Altman on the X platform, openly inviting him to explore the prospect of collaborating on a decentralized Large Language Model (LLM) for a Cardano PartnerChain.

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On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 6th November and 12th November 2023. We are thrilled to see such tremendous support from all involved. Well done!  



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