Ethereum leads the market with increasing values, contributing positively to major cryptocurrencies like Bitcoin. However, Bitcoin’s market dominance is slipping despite its price rally.
The US House is advancing legislation aimed at establishing the US as a capital for cryptocurrency. Companies like Sharplink and GameSquare are investing heavily in Ethereum, which has resulted in stock price increases of 12% and 60%, respectively.
Tether disclosed an $8 billion gold reserve and plans to become the largest Bitcoin miner. Meanwhile, several companies are working on tokenization projects, with the Department of Justice taking action against fraudsters in the industry.
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