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Additionally, Ethereum developers prepared for the network's upcoming shift to a proof of stake model through a number of upgrades throughout the year. Whether crypto is forever doomed or will eventually rebound, as Talati expects, the bloodbath exposed the industry's many flaws and served as a reminder to investors and the public why financial regulation exists. Claim Your Free Trading Guide. In a market without a central bank, an insurer or any institutional protections, trust is paramount. Dogecoin's rally first began in February after a series of tweets from Musk, and since, he has continued to hype up the digital coin.
