SEC Chair Gensler: Ethereum ETFs Could Be Fully Approved by September
TL;DR The SEC’s Gensler plans to approve Ethereum Ethereum ETFs by summer. ETF approval process advances after first approvals. The CFTC’s Behnam considers ETH a commodity.
ETH (Latest Publications)
Linea’s Velocore DEX Faces $2.6M Hack, Pauses Blocks Amid Decentralization Concerns
TL;DR Velocore Hack: Velocore, a decentralized exchange (DEX) on the zkSync and Linea blockchains, suffered a $2.6 million hack. The attacker transferred 700 Ethereum (ETH) to the Ethereum mainnet, exposing
Ethereum Exodus: $3 Billion Withdrawn from Exchanges: Is ETH Price in Danger?
TL;DR Massive Withdrawal: Over 800,000 Ethereum (ETH), worth about $3 billion, has been withdrawn from exchanges, indicating a potential supply squeeze and a bullish sentiment as
Nearly $3 Billion in Crypto Options Expire Today, But the Worst is Yet to Come…
TL;DR Crypto Options Bracing for Double Expiry: The crypto market faces two key options expiry dates this week. Today (May 24th) sees nearly $3 billion in Bitcoin
Is a 60% Ethereum Price Surge Coming? This is What Research Indicates
TL;DR The decision on the approval of the Ethereum ETF is imminent, with expectations of a significant impact on the market. Large financial firms, including BlackRock,
The Dencun Upgrade Has Made Ethereum (ETH) Inflationary Again, Says Research
TL;DR The Dencun upgrade has changed Ethereum’s dynamics towards an inflationary model by reducing the amount of ETH burned by fees. Transaction fees on Ethereum have
Ethereum Co-founder Vitalik Buterin Says Proof of Work Is Not Immune to Centralization
TL;DR Vitalik Buterin concludes that Ethereum with Proof-of-Work (PoW) was not immune to centralization. Ethereum’s Proof-of-Stake (PoS) transition seeks to address centralization and energy consumption issues.
Renzo’s Restaking Token Briefly Plummeted, Trading at Huge Discount to WETH
TL;DR Renzo’s ezETH Token Value Drops: Renzo, the second-largest protocol for liquid restaking, experienced a significant drop in the value of its restaked ETH (ezETH) token.
Altseason on the Horizon: Analysts Predict Surge in Smaller-Cap Cryptocurrencies
TL;DR Altseason Anticipation: Analysts predict an upcoming altseason, a period where smaller-cap cryptocurrencies (altcoins) could experience significant gains, potentially outperforming Bitcoin (BTC) and Ethereum (ETH). Technical
Lido’s Staking Dominance Slips Below 30% as Competitors Gain Ground
TL;DR Lido’s Market Share Declines: Lido’s dominance in the Ethereum staking market has decreased, with its share falling from 32% to below 30%, as more ETH stakers
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