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Analyst Predicts Ether Could Hit $4K by May; Web3 Use Cases Gain Traction

Standard Chartered Bank predicts Ether (ETH) could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based ETFs will likely win regulatory approval in the U.S. Alchemy's protocol specialist Jason Windawi weighs in on the state of Web3 and expectations for 2024. And, the Jack Dorsey-led company Block confirms to CoinDesk it has started laying off employees this week.

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Major Ethereum Upgrade Goes Live on Second Testnet

The Ethereum blockchain's biggest upgrade since early 2023 went live on the second of three test networks, bringing the much-anticipated "Dencun" project and its "proto-danksharding" feature a step closer to reality. CoinDesk's Ethereum protocol reporter Margaux Nijkerk gives an update on the developments.

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Jack Dorsey's Block Starts Layoffs; Analyst Predicts Ether Could Hit $4,000

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories impacting the crypto world today, including Block Inc., which is the blockchain and payments firm led by Twitter founder Jack Dorsey, confirming to CoinDesk that it has begun laying off employees this week. An analyst has a bullish outlook on ether (ETH) and layer 1 blockchain Sui notches a new milestone.

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Web3 Explained in Simple Terms

Alchemy's protocol specialist Jason Windawi answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the biggest risks in Web3, explaining the next generation of the internet in simple terms and the real world use cases.

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NFTs Are 'Not Dead,' Alchemy's Protocol Specialist Says

Alchemy's protocol specialist Jason Windawi joins "First Mover" to discuss Alchemy’s latest Web3 development report, which highlighted Solana gaining momentum and EVM development activity rising. Windawi also explains why he thinks non-fungible tokens (NFTs) are not dead. "I think NFTs are one of the most interesting spaces," Windawi said.

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Circle to Issue Its Stablecoin USDC on Celo; 5 Questions After Spot Bitcoin ETF Approvals

Stablecoin issuer Circle expanded native issuance of its $26 billion stablecoin USDC to the Celo network, the Celo Foundations announced Tuesday in a press release. Celo co-founder and Celo Foundation president Rene Reinsberg joins "First Mover" to discuss. Plus, CoinDesk answers questions from viewers after the highly-anticipated spot bitcoin ETF approvals took place in the U.S. earlier this month.

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Breaking Down the Relationship Between Luxury Watches and Crypto

Crypto prices have decoupled from prices for luxury watches, ending a prolonged positive correlation caused by unprecedented monetary stimulus. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Decentralized Betting Platform Predicts 2024 Elections; Binance Makes Changes

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including a new report from the Financial Times stating that crypto exchange Binance now allows larger traders to keep their assets at independent banks. Bitcoin Ordinals project Taproot Wizards delays the mint of its 'Quantum Cats' collection for a second time. And, many traders using Polymarket predict that former President Donald Trump will return to power.

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Blockchain's Next Trend Is Mobile, Celo Co-Founder Predicts

Celo co-founder and Celo Foundation president Rene Reinsberg answers some rapid fire questions from CoinDesk's Jennifer Sanasie about underrated blockchain developments, trends for 2024 and what he's most excited about when it comes to the Celo ecosystem.

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Circle to Expand Native Issuance of its $26B Stablecoin USDC to Celo's Network

Celo, which is in the midst of transforming into an Ethereum layer 2 network, is increasingly positioning itself as a blockchain for real-world assets. Celo co-founder and Celo Foundation president Rene Reinsberg joins "First Mover" to discuss the latest Celo ecosystem developments, which includes aiming to boost cross-border payments and peer-to-peer transactions in developing regions and facilitating conversion from local currencies.

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