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On November 13, the
Ethereum
spot ETF had a total net inflow of $147 million, recording net inflows for 6 consecutive days. Fidelity ETF FETH ranked first with a single-day net inflow of $102 million. https://sosovalue.com/assets/etf/us-eth-spot
#ETF
#ETH
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Big win for crypto: US court rules sanctions Tornado Cash crossed the line By @nake13 The article discusses a landmark ruling by the U.S. Fifth Circuit Court of Appeals, stating that OFAC exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts. The court ruled that these decentralized, self-executing codes do not qualify as “property” under legal definitions, marking a significant victory for the plaintiffs. This decision highlights the challenges of regulating emerging technologies like blockchain while ensuring technological neutrality. It emphasizes the need for updated legislation to address misuse, such as money laundering, without overextending administrative powers or stifling innovation. Read more
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Tether announced that it will stop supporting its own euro stablecoin EUR₮, and holders must complete redemption before November 27, 2025. The company will turn to support Quantoz Payments to issue EURQ and USDQ stablecoins that comply with MiCAR specifications.
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The U.S. announced that the annualized quarterly rate of real GDP in the Q3 was revised to 2.8%, which was expected to be 2.80% and the previous value was 2.80%. The annualized quarterly rate of the core PCE price index in the Q3 was revised to 2.1%, which was expected to be 2.2% and the previous value was 2.20%. The number of initial jobless claims in the United States for the week ending November 23 was 213k, which was expected to be 216k.
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